2012: The Battle for Survival

Discussion in 'Journals' started by neke, Jan 17, 2012.

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  1. koolaid

    koolaid

    it's his thread...he posts what he wants. it's not up to you to demand what should be posted. Boring? Find another thread.
     
    #701     Aug 10, 2013
  2. Yes, steady and nice, take care

     
    #702     Aug 10, 2013
  3. Reasoning is fear based. Check.
     
    #703     Aug 12, 2013
  4. neke

    neke

    Period Update for week 32 ended 8/18/2013

    Another nice week, up $5,405. Waited till Thurs/Fri before making my week. List of trade results is given below (details left out for strategy privacy).

    Because it is getting a little bit monotonous, and to reduce urgency to post, I will make my updates here to be monthly (week-end following last trading day). Accordingly the next update will be the week-end of August 30.

    Code:
    --------------------------------------------------------------------------------
    
    
    Opening Balance:                	103,846
    Net gain for period 		          5,405
    ------------------------------------------------
    Net Balance:                   		109,251
    
    
    For the Thread Year-to-Date  1/6/2013 - 8/18/2013
    
    Opening Balance:                   	83,156
    Net gain		    	        42,995 (Up 52%)
    Cash Withdrawal			       (16,900)
    ------------------------------------------------
    Net Balance			       109,251
    ----------------------
    
    
    TRADES
    
    TYPE	Exit Date/Time		P/L
    Option	2013-08-12-15-55-11	-128.8
    Option	2013-08-14-14-23-31	-1776.7
    Stock	2013-08-13-09-34-22	406
    Stock	2013-08-13-10-21-25	1130.4
    Stock	2013-08-13-10-42-09	-855
    Stock	2013-08-14-09-30-01	-926.6
    Stock	2013-08-14-10-28-07	2855.9
    Option	2013-08-14-15-15-17	-2084.3
    Option	2013-08-15-15-00-48	3130.5
    Stock	2013-08-15-12-02-57	454.8
    Stock	2013-08-16-10-12-35	2429.1
    Stock	2013-08-16-12-15-40	769.8
    
    
    [​IMG]
     
    #704     Aug 16, 2013
  5. neke

    neke

    Period Update for weeks 33,34 ended 9/1/2013

    Horrible couple of weeks, down 8K. Things were holding pretty steady until the last two trading days when my account broke terribly to the downside. Myself to blame in part for toying with what was working. Took 3K for the month ended 8/31.

    The 100K line seems to be a bad barrier to leave behind.

    Code:
    --------------------------------------------------------------------------------
    
    
    Opening Balance:                	109,251
    Net loss for period 		         (8,042)
    Cash Withdrawal				 (3,000)
    ------------------------------------------------
    Net Balance:                   		 98,210
    
    
    For the Thread Year-to-Date  1/6/2013 - 9/1/2013
    
    Opening Balance:                   	83,156
    Net gain		    	        34,953 (Up 42%)
    Cash Withdrawal			       (19,900)
    ------------------------------------------------
    Net Balance			       98,210
    ----------------------
    
    
    TRADES
    
    TYPE	Exite Date/Time		P/L
    stock	2013-08-20-12-01-59	-7.6
    stock	2013-08-20-10-36-21	-1302
    stock	2013-08-20-10-11-12	1187.9
    stock	2013-08-20-12-40-44	-800.3
    stock	2013-08-21-13-49-46	-64.2
    stock	2013-08-22-09-21-29	1033
    stock	2013-08-22-13-12-51	-3597.5
    stock	2013-08-22-09-52-07	-12.2
    stock	2013-08-22-14-00-59	-753.4
    option	2013-08-23-10-39-34	2971.4
    stock	2013-08-23-09-32-36	-14.1
    stock	2013-08-23-10-00-08	585.3
    option	2013-08-26-15-14-23	1026.5
    stock	2013-08-26-15-18-15	-220.9
    stock	2013-08-26-15-14-52	444.6
    option	2013-08-26-15-57-54	-151.9
    stock	2013-08-27-15-59-30	1576.7
    stock	2013-08-28-10-58-13	2368.1
    stock	2013-08-29-14-04-23	-724.2
    option	2013-08-29-15-48-09	-2884.2
    option	2013-08-29-15-53-47	-877.6
    stock	2013-08-30-11-30-50	2837.7
    stock	2013-08-30-11-35-32	-1130.7
    stock	2013-08-30-12-29-40	-3352.6
    option	2013-08-30-11-08-48	-6180.3
    
    
    
    [​IMG]
     
    #705     Sep 1, 2013
  6. ofthomas

    ofthomas

    really d00d.... do yourself a favor and just monitor things and penalize yourself everytime you butt into the stuff that is working...
     
    #706     Sep 1, 2013
  7. ofthomas

    ofthomas

    another perspective...

    [​IMG]
     
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    #707     Sep 1, 2013
  8. With just a glance and quick math. All the losses greater than 2% of account equity equal this drawdown, primarily the last two and another notable of 3400ish.

    The strict discipline of risk per trade in the 1-2% and cutting losers there will prohibit a few poorly managed trades from damaging your capital.

    Should intuition indicate sooner the trade isn't working losses can be cut even sooner to preserve capital. Should the criteria for trade setup recur, reentry is viable.

    Still struggling with ego, and lack of a consistent disciplined approach. Being profitable is not about being right, it is about making the right choices. You can be right or be profitable, choose which you prefer. Then align your subconscious beliefs with your conscious, until you're willing to do this, you're getting the results you want.

    You're winning by losing.
     
    #708     Sep 8, 2013
  9. ofthomas

    ofthomas

    you sounded like garachen just now... :)
     
    #709     Sep 8, 2013
  10. you day trade, but you don't take care your entry very well.
     
    #710     Sep 25, 2013
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