I know but it makes this thread more interesting, like a horse race.... Otherwise it is just a bunch of horses running....
Hmmm, I do not agree that "Trading is a roller coaster" This idea might make some guys think, that gambling and loosing for example 50% in year is allright... Priority number one for successful traders is stability no matter what - at least for guys making money in markets that I know...
Period Update for June 6/1/2014 - 7/4/2014 (5 weeks) Another frustrating month, down 8.5K (6.9%). Big reversal week in my best-perfoming strategy : stock4. The biggest loss was $14K on 6/17. Made a quick decision to revise my exit rules, and that compounded matters on my next trade with that strategy. Lost 5K when I could have made $3K had I stuck with existing exit rules. All in all, it was a month of regrets. Looking forward for something better in July. Code: -------------------------------------------------------------------------------- Opening Balance: 124,093 Net loss for period (8,518) Cash Withdrawal (3,500) ------------------------------------------------ Net Balance: 112,075 For the Thread YTD 2014 (1/4/2013 - 7/5/2014) Opening Balance: 101,037 Net gain 26,538 (Up 26%) Cash Withdrawal (15,500) ------------------------------------------------ Net Balance 112,075 ---------------------- TRADES TYPE Exit Date/Time P/L Stock 2014-06-02-09-43-51 2956.7 Option 2014-06-02-11-54-31 517.5 Stock 2014-06-02-11-14-28 3002 Stock 2014-06-03-11-43-23 2831.8 Stock 2014-06-04-10-26-32 -4932.5 Stock 2014-06-04-10-27-03 -915.1 Stock 2014-06-04-11-00-03 3141 Stock 2014-06-04-15-48-33 -2505.9 Stock 2014-06-05-15-37-19 -554.9 Stock 2014-06-06-10-26-46 212.3 Option 2014-06-06-10-20-13 -5041 Stock 2014-06-09-10-49-42 925.4 Option 2014-06-10-15-35-27 -3659.8 Stock 2014-06-10-15-40-57 5406.5 Option 2014-06-11-10-52-04 2238.6 Stock 2014-06-11-09-42-57 -397.2 Option 2014-06-13-15-53-45 2338.8 Stock 2014-06-16-15-49-30 -1938.1 Stock 2014-06-16-15-55-11 133.9 Option 2014-06-16-13-56-53 620.4 Option 2014-06-17-15-30-55 -746.3 Stock 2014-06-17-15-55-18 -13934.9 Option 2014-06-18-10-44-14 -1316 Option 2014-06-19-15-45-03 1989 Stock 2014-06-20-15-47-19 1991.8 Stock 2014-06-20-15-48-31 366 Stock 2014-06-23-15-49-18 296.6 Option 2014-06-23-15-51-47 -723.5 Stock 2014-06-24-10-48-22 -1365.9 Option 2014-06-24-11-49-11 -1856.9 Stock 2014-06-25-11-40-20 -5341.1 Stock 2014-06-26-11-32-00 -539.1 Stock 2014-06-27-15-52-10 -10.2 Option 2014-06-27-15-52-10 229.2 Stock 2014-06-30-10-47-19 210.7 Option 2014-07-01-14-59-15 6152.7 Stock 2014-07-02-11-32-22 -125.7 Stock 2014-07-03-09-48-31 1822.6
So my prediction of you losing 3K for June was pretty much right on the money, slightly underestimating your ability of averaging into a losing position. Where is Market Owl's cheer leading when you need it? Anyhow, just to keep this thread educative, would you mind explaining the -14K day for us? Your biggest losing day shouldn't be twice as big as your biggest winning day. And thanks for keeping this journal public and honest....
He will be vindicated ... eventually Nah... Nothing that has any chance of revealing strategies. And yes, it averaged down (according to rules!)
Looking at neke's track record, if we get any kind of equity volatility, he will be making loads of money. It is a difficult trading market right now. I wish neke had weekly updates, the monthly updates have kind of driven away a lot of followers due to inactivity.
Period Update for July 7/5/2014 - 8/2/2014 (4 weeks) A good month, up 22K (20%). Finished off the high of the month, but still a great month. Still looking for the best performing strategy (stock4) to come back to life. In its absence, option1 did a mighty bounce-back from prior poor performance. Generally it's the strategies that have lagged behind before now that delivered for the month. I think it shows what happens when attention is given to them. I pretty much believe every one of my strategies can deliver if care and discipline is applied. Took out 6K for the months June/July Code: -------------------------------------------------------------------------------- Opening Balance: 112,075 Net gain for period 22,421 Cash Withdrawal (6,000) ------------------------------------------------ Net Balance: 128,496 For the Thread YTD 2014 (1/4/2013 - 8/2/2014) Opening Balance: 101,037 Net gain 48,959 (Up 48%) Cash Withdrawal (21,500) ------------------------------------------------ Net Balance 128,496 ---------------------- TRADES TYPE Exit Date/Time P/L STOCK 2014-07-28-09-57-44 2179.7 STOCK 2014-07-28-10-52-11 -697.6 STOCK 2014-07-28-09-38-04 82.3 OPTION 2014-07-28-15-27-25 -1115.9 STOCK 2014-07-29-12-23-11 451.2 STOCK 2014-07-30-11-51-05 -3800.5 STOCK 2014-07-30-12-11-37 -1955.5 STOCK 2014-07-30-11-48-09 -3015.6 OPTION 2014-07-30-15-20-39 4.2 OPTION 2014-07-30-10-15-28 -331.3 STOCK 2014-07-30-15-02-47 -777 STOCK 2014-07-31-10-13-07 1107.1 STOCK 2014-07-31-10-30-55 2443.7 STOCK 2014-07-31-15-10-35 -197.8 STOCK 2014-07-31-19-11-42 -2248.8 STOCK 2014-08-01-15-31-03 1477.8 OPTION 2014-08-01-15-50-11 444.1 OPTION 2014-08-01-09-56-32 4168.7 STOCK 2014-08-01-15-50-00 -1685.3 STOCK 2014-08-01-10-16-05 2890.2
Just realised I gave only the last week's trades. Code: TRADES TYPE Exit Date/Time P/L OPTION 2014-07-07-15-37-24 1518.9 OPTION 2014-07-08-15-58-35 2208.7 STOCK 2014-07-10-10-23-50 145 OPTION 2014-07-10-10-50-45 -3278.8 STOCK 2014-07-11-15-28-59 -975.1 OPTION 2014-07-11-15-45-10 4750 STOCK 2014-07-11-11-16-40 2018.8 STOCK 2014-07-14-11-51-38 206.8 OPTION 2014-07-14-15-53-16 -1692.5 OPTION 2014-07-14-15-22-46 -1072.9 OPTION 2014-07-15-15-45-14 -341.2 OPTION 2014-07-16-11-06-47 -1817.2 STOCK 2014-07-16-10-26-00 31.9 STOCK 2014-07-17-09-49-10 -139.9 OPTION 2014-07-17-14-27-22 9411.1 STOCK 2014-07-18-09-33-33 168 STOCK 2014-07-18-15-55-10 158.3 STOCK 2014-07-21-09-39-39 -356.9 STOCK 2014-07-21-18-34-48 230.9 STOCK 2014-07-22-15-28-11 532.9 STOCK 2014-07-22-13-10-35 2175.1 OPTION 2014-07-22-15-45-43 311.8 STOCK 2014-07-22-10-45-31 2094.5 STOCK 2014-07-22-15-20-42 -746.3 OPTION 2014-07-22-15-50-46 321.2 STOCK 2014-07-23-09-38-00 4777.2 OPTION 2014-07-23-15-45-23 4822 STOCK 2014-07-23-15-55-09 3559.9 STOCK 2014-07-23-15-31-08 301.4 STOCK 2014-07-23-13-26-00 -576.3 STOCK 2014-07-23-15-55-19 2726.3 STOCK 2014-07-24-12-02-21 -757.6 STOCK 2014-07-24-11-42-08 507.9 OPTION 2014-07-24-10-53-59 -2498 OPTION 2014-07-24-11-08-32 -1426.3 STOCK 2014-07-24-09-57-43 -715.9 STOCK 2014-07-24-15-55-18 -4182.8 STOCK 2014-07-24-15-55-19 -598.6 STOCK 2014-07-25-11-39-00 961 STOCK 2014-07-25-15-55-15 1768.8 STOCK 2014-07-25-14-49-09 -1532.5 STOCK 2014-07-28-09-57-44 2179.7 STOCK 2014-07-28-10-52-11 -697.6 STOCK 2014-07-28-09-38-04 82.3 OPTION 2014-07-28-15-27-25 -1115.9 STOCK 2014-07-29-12-23-11 451.2 STOCK 2014-07-30-11-51-05 -3800.5 STOCK 2014-07-30-12-11-37 -1955.5 STOCK 2014-07-30-11-48-09 -3015.6 OPTION 2014-07-30-15-20-39 4.2 OPTION 2014-07-30-10-15-28 -331.3 STOCK 2014-07-30-15-02-47 -777 STOCK 2014-07-31-10-13-07 1107.1 STOCK 2014-07-31-10-30-55 2443.7 STOCK 2014-07-31-15-10-35 -197.8 STOCK 2014-07-31-19-11-42 -2248.8 STOCK 2014-08-01-15-31-03 1477.8 OPTION 2014-08-01-15-50-11 444.1 OPTION 2014-08-01-09-56-32 4168.7 STOCK 2014-08-01-15-50-00 -1685.3 STOCK 2014-08-01-10-16-05 2890.2