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CUTLOSS DAILY TRADING P/L and RANTS/CALLS


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CUTLOSS DAILY TRADING P/L and RANTS/CALLS

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  #11 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

long russell

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  #12 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

still long ruselll and es jut going to hold

taking some off rusell and es profits

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  #13 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received


hope u got long earlier!! i am in and out today! not happy with my paltry gains!! today was a baberuth day and i struck out!! still net positive but peanuts!!
ScreenHunter 20858

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  #14 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

waste of an entire day so tired of the sp50 0index just a pig except for the morning!! anyway im still long 2 mes.

I veered from my strat a little today on the idea that i wanted to try something new!! well it wasnt terrible but the mkt wasnt conducive biggest drawdown was 225 on paper not booked and i worked my way out of it but then looking at my main tried and true trading methodology I might have cleaned up.. ha hindsight. anyway.. this mornings sell off was brutal to say the least and they are messing with mkt tempo to throw us all off of our game. for a few minutes there it seemed like a 2010 flash crash may have been coming later on black thursday but thats what they want to think about.. its over this mkt is garbage ha i started too. and now im in a position overnight? um how did that happen..
my high water mark today was up 100 ish thats it.. again just a waste of a day!!
Tomorrow will be better!! yeah..

I even shorted the rally way earlier pretty gut wrenching day actually with peanuts to show for it.

i shoot for 150 to 350 a day net on these 1 to 2 lot micros.. fees and commissions ate me up today too!!


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big option plays in #BEST if you want to YOLO cheap earnings june 8th

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  #15 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

My es buy at 4175 which i got filled at 4174 ish was 7 points off the low.. not terrible but could have been better.
anyway.. im looking for more of the same tomorrow games and games and just well more games.


i got in a lot of solid shorts today. I am a work in progress also everyday trying to improve on what i can pull out of these markets.

i shorted into the strongest rally in the past 10 years.. ha hah ah anyway somehow i eeked out a small profit.
can always be better though.


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  #16 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

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flat for the night have a great evening.

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  #17 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

Traded a lil last night in russell and the es i got caught pretty hard intot he fast sell off as i was long on new positions. i held and ended up coming out ok. I need to try and hit my goals assuming the conditions in the market look good to follow my basic stat. Lots of big reports out today and the market is HUNGRY to digest them.

be careful of very fast unpredictable sells today but be ready to get some trades on at a discount.
China said don't mess with our companies or we will mess with yours like TESLA. so now we can invet in CHINA companies again.

state teh obvious a break above 4202 goes to 4220 pretty fast on momentum. i am more inclined to buy dips than sell rallies today.

size down but trade more.. smaller gains smaller losses but mor frequency today and it is friday

ScreenHunter 20876


FRiday trading!! this is huge!!

YOU WORKED YOUR ASS OFF ALL WEEK! you do not want to go into the weekend with lots of mistakes and a huge loss!! I call it size down fridays! just try and relax more on fridays and slow down size down and remember trading is suppossed to be fun your love your mistress your passion!! well to a certain extent ah ah it can be all consuming

but seriously taking friday as a big loss sets you back big time!!

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  #18 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

I think the MOST AMAZING thing about trading is how you can STATE CLEARLY what YOU SHOULD DO and then TELL OTHERS how to do it and it is CRYSTAL CLEAR how
the others should do it properly and then YOU YOURSELF do not follow your own IDEAS!!

unbelievable. I ended up being ok by the end of this NQ trade but I was only looking for a quick scalp extension and guess what I got it and didnt take it !

my brain said oh man they are gonna break 13,600 hard here i am goign to clean up!!
nope they sold it hard while i was long so i did not take my SHORT QUICK LOSS>. no stop after the report.

Now I am constantly recording lots of thing with video throughout the day because just like a pro athlete I want to be able to review the TAPES!!

why is this helpful? well I Can REPLAY the market and my ACTUAL P and L and look for areas where I should be exiting and or entering more.

This game is played by the PROS with so much money it really doesnt even matter what happens for you and me that is what we are chasing.

Yeah I want score a lot of points every day but if all of this is just for a few hundred points a day then what is the point of it all.. YOU MUST GET PROFITABLE ENOUGH AND
BIF ENOUGH if this is what you are after to say look i did and i made up for all that lost time because if you do not make it then that is exactly what it is!! just lost TIME.

no one will hire you and say oh this 2 year GAP in your resume what were you doing.. ahem... i was daytrading! oh and that didn't work out huh.. obviouslyu or i wouldnt be lookign at an entry level position at my age but guess what i dedicated myself to my work hours and hours a day weeks and years on end.. and the manager looks at you and says...
well what took you so long to QUIT TRADING!!!!!!!!! MAKE CHANGES NOW.. if struggling.

here are some video screen shots of me not following basic strategy or anything really thats me getting emotional and thinking about the POINTS not the set up and the trade

Now I am good enought to print money.. everyday. do not forget that! I am but if all that means is that i can work my way back out of a loss to break even and or slightly profit while my broker gets rich well thats not gonna work either now is it!!! Still lots of work to do on my end and this is not a JOURNEY! do you think steve jobs or bill gates said oh this stuff is journey!! hell no they woke up everyday realizing tomorrow is not ever guaranteed make use of that time and get profitable now. make those changes..

as i say this i cannot help but think ok dude you started a thread on cutting loss.. your name is cutloss.. wtf are you doing not cutting loss.. so lets not be too hard on ourselves it isnt easy but the reality is .. if you place a hard stop or a some other mechanism for taking loss then you should be ok.

i am taking a friend out to the airport so i gotta run. I might be back trading again later. usually thats what I do.
have a great day and an even better weekend.

this trade was long the nasdaq and long the ES so i am in and out throughout the video but the order is.... -61, -100, -129,-137,-186, +14, +18 I Can also time how quickly things went from bad to worse with the video.. oonce you start losing that big oh shit im trapped.. the algos smash you and your losses double or triple..usually..
did i get lucky?? i call it unlucky

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  #19 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received

i took a 200 dollar drawdown to make 5 bucks profit!! that can be analyzed for sure and real chagnes acan be made..

real quick. here are some screen shots of the order bool the CLOB in es.. that is the CENTRAL LIMIT ORDER BOOK. yes thats what it is..

before the report the bid asks widen and thin out but then you see nothing but icebergs and then you see the reveal after the report because they dont want to lose priority

anyway all of this matters and you must go above and beyond your competition. if you think what i do is a waste of time because you don't do it then maybe you should stick to cell phone trading with robin hood.. silly birds!!
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as you can see there is a P and L in the lat screen shot of the ES dom.. at that point I had entered a trade obviously


why am i showing all of this stuff on a public forum . well i want more people to make money. i want more people invovled.
i want mor liquidity and honestly i think i am better than you so maybe i want your money who knows.. but let the best trader win right!!

a little truth a little humor.. as much as we are adversaries we also can un knowingly help each other out in these brutal markets at times.

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  #20 (permalink)
Cutloss
Midway florida
 
 
Posts: 238 since May 2021
Thanks: 66 given, 116 received


back from the airport and lunch and doing well so far on my relaxing day!
I am going thru some other jornals periodically and seeing some decent stuff however I don't see a lot of people posting up actual time and sales and or P and L how does anyone ever actually now if people who are posting are trading real or demo?

You can actually communicate using the DOM or the clob the central limit order book. with numbers obviously.

so lets say we are looking always at 20 levels out and you have a system with your buddies that says hey.. always look at 20 levels below the mkt.

if you see 17 added and taken off rapidly that means i am a buyer etc. if you think about this concept then it is highly likely that is a form of
electronic code or communication goin on inside the limit order books and perhaps this is why CODE Breakers and very sophisitccated software is used to monitor and DECODE
the CLOB and all its orders.

however.. if you said hey CUTLOSS outside of posting on the site at all hours of the day and posting time and sales and posting end of day results in real time how can you prove to use that you are actually trading or have an actual live account. well you would communicate with the CENTRAL LIMIT ORDER BOOK or the clob.

what you do is pick a mkt that is slow or illiquid or even one like say the micro russel or the micro dow and you would say ok

10 levels out at 45 pm ny keep watching 10 levels out and I will place a 5 lot limit. I will then move my 5 lot limit BUY from the 10th position
to the 9 th position over and over again so you will see the 9 and 10 levels of the ladder change from +5 to -5 as 5 are taken away from 9 and added to 10 and
5 are taken away from 10 and added to 9...this is much more easily accomplished in the overnight markets because there are less orders on the book..

so if you are reading this.. and you have access to the micro russell 2000 m2k order book then watch at 1.45 pm new york time.. right at the turn from 1.44 to 1.45 and let's see if you can see me communicating with you on the CLOB with a 5 lot order being moved back and forth from the 9th position to the 10th position or level.. now if it is a fast mkt at 1.45 then it might be difficult for me to keep moving my 5 lot order but let me know if you catch it.. is so imagine the possibilities and communication that the algos must do with each other. this i snot just a novel idea of my own there have been ethical papers written about mkt signalling on the order book.

but this way for my purpose I Can easil prove that yes i have a live account and yes I have access to the cme order book.

anyway just taking a little down time.. well in 10 minutes check the micro russell levels 9 and 10.. if it is a fast mkt keep watching until it slows and see if you can catch it. i will do it for 10 to 20 seconds back and forth.. so right now the 9 and 10 positions are
17
17

so by adding 5 you would see 23 on the 9 then you would see 23 on the 10th level and simultaneously the 9th level would drop by 5 to 17.
because other orders are coming in you want to be looking for a difference of 10 back and forth back and forth.. ok lets see if it works?

17+5= 22!!!! not 23!~ if you take the time to make a journal you probably should reread your own stuff!

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Last Updated on June 14, 2021


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