Rol
Registered: Jul 2009
Posts: 425 |
11-04-11 09:59 PM
code:
Initial Capital (11/1/2011) $81,531
Total Net Profit $714.89
(Per Share) $0.03
Gross Profit $3,818.05
Gross Loss ($3,103.16)
Profit Factor 1.23
Total Number of Trades 139
Percent Profitable 39.57%
Winning Trades 55
Losing Trades 84
Avg. Trade Net Profit $5.14
Avg. Winning Trade $69.42
Avg. Losing Trade ($36.94)
Ratio Avg. Win:Avg. Loss 1.88
Expectancy 0.14
Largest Winning Trade $1,311.66
Largest Losing Trade ($386.32)
Max. Consecutive Winning Trades 10
Max. Consecutive Losing Trades 34
Total Shares/Contracts Held 21286
Total Commission $359.66
Return on Initial Capital 0.88%
Annual Rate of Return 79.72%
Buy & Hold Return -0.12%
Trading Period 4 Dys
Max. Equity Run-up(Daily) $1,859.69
Date of Max. Equity Run-up 11/3/2011 15:00
Max. Drawdown(Daily)
Value ($669.01)
Date 11/2/2011 15:00
as % of Initial Capital 0.82%
Max. Trade Drawdown ($654.00)
Net Worth $83,017
Wkly Performance 0.29%
Dollar Gain/Loss $192
S&P Wkly Performance -2.32%
YTD Performance 38.28%
S&P YTD Performance -0.10%
YTD Correlation to S&P 0.62
Real-time Unrealized P/L ($780.96)
Real-time Realized P/L (Today) $22.58
Current exposure 61%
I interfered with my system this week in sporadic moments, which shows in the non-uniform curve. I would allow established positions to develop well and good, but then on a few I saw breaking out, I added a few hundred shares, only to see them reverse and stop me out, erasing what gains I had. A couple others I saw breaking down, so I reversed my position and added short, then being whipsawed, and stopped out. I lost $600 on Wednesday trying to short RIMM at the lows of the day, of all stocks! Luckily, a 700 share position in SPY that I held overnight Wednesday netted me $1500 on Thursday.
I think what occurs is when I have some discretionary victories, I then begin getting in a bad habit of losing discipline with my trading, and start overtrading. Knowing this weakness is why I have not been too willing to hedge my longs with discretionary short plays. I start getting reckless with my trading. It is as if I need to either fully automate or not trade at all. Something I have done before is to keep a running tally of how many days I can go without any discretionary trading. If enough trading days pass without interfering, say 10 or so, I begin to lose the urge to meddle. I think I need to come up with an automated hedging solution. Maybe a rule that says that if my DD exceeds 8% and exposure exceeds a certain percentage, then begin buying a short ETF.
 11-4-2011 3-54-27 pm.png
This has been downloaded 409 time(s).
|
