Period Update for September (09/03/2016 - 10/01/2016) (4 weeks) Terrible month, down 86K (30%). After the big run-up last month, I could probably have foreseen a pull-back, but not on this scale. Started brilliantly with the momentum form last month, until the market collapse on Sep 9th posted earlier. Sudden 2.2% drop in the market after more than 3 months of never dropping 1%. caught me over-sized and over-committed. The rest of the month did no fare better, as mistakes and attempt to claw back the losses fast led to more losses. Hoping for better month next. Code: -------------------------------------------------------------------------------- Opening Balance: 285,117 Net loss for period (86,436) ------------------------------------------------ Net Balance: 198,681 For the Thread Year 2016 (1/1/2016 - 10/01/2016) Opening Balance: 203,449 Net gain 25,232 (Up 12%) Cash Withdrawal (30,000) ------------------------------------------------ Net Balance 198,681 ---------------------- TRADES TYPE Exit Date/Time P/L STOCK 2016-09-06-10-40-10 -913.2 STOCK 2016-09-06-10-45-10 12723 OPTION 2016-09-06-10-42-20 5751.5 STOCK 2016-09-07-12-25-53 -3379.1 STOCK 2016-09-07-09-40-46 3664 STOCK 2016-09-07-09-53-35 10065.9 OPTION 2016-09-07-10-05-32 29604 OPTION 2016-09-07-14-39-33 -16309.2 STOCK 2016-09-08-10-50-43 5682.8 OPTION 2016-09-08-13-03-49 3237.3 STOCK 2016-09-09-10-42-15 -3554.4 STOCK 2016-09-09-15-12-14 -3316.2 OPTION 2016-09-09-15-15-31 -32823.8 OPTION 2016-09-09-10-40-10 -19777.6 OPTION 2016-09-09-12-19-12 -23083.7 OPTION 2016-09-09-15-26-06 -10141 OPTION 2016-09-09-15-18-17 5308.5 STOCK 2016-09-12-14-53-44 4303.2 STOCK 2016-09-13-11-15-31 2638.6 OPTION 2016-09-13-14-55-26 -2175.1 OPTION 2016-09-19-10-01-08 8418.1 STOCK 2016-09-15-15-55-52 -2597.4 OPTION 2016-09-16-11-37-23 -11431.9 STOCK 2016-09-16-12-13-19 2731.4 OPTION 2016-09-16-12-30-25 10812.4 OPTION 2016-09-16-15-31-24 -2982.6 STOCK 2016-09-20-10-48-45 -17257.7 OPTION 2016-09-20-14-33-41 -31398.6 OPTION 2016-09-19-15-36-04 -2441.2 STOCK 2016-09-19-15-49-13 -512.5 STOCK 2016-09-20-14-34-06 2841.5 STOCK 2016-09-20-15-48-59 820.3 OPTION 2016-09-20-15-40-54 1104.7 OPTION 2016-09-21-11-50-33 6355.5 OPTION 2016-09-22-15-00-42 1547.2 STOCK 2016-09-23-11-02-30 -955.8 OPTION 2016-09-23-11-02-14 -6221.8 OPTION 2016-09-26-15-31-03 -1489.2 OPTION 2016-09-28-11-14-26 2519.7 STOCK 2016-09-29-13-33-52 -1614.6 STOCK 2016-09-29-10-01-05 2156.3 OPTION 2016-09-29-13-33-32 -8415.6 STOCK 2016-09-29-13-13-23 -1553.4 OPTION 2016-09-29-13-12-55 -6166.3 OPTION 2016-09-29-10-19-18 -16.7 STOCK 2016-09-30-09-49-05 69.3 OPTION 2016-09-30-11-14-21 1736.1
Its 'only' a 30% loss. You will recover within six months. Neke what are your risk management rules? How much or your account do your risk per trade (or risk per group of correlated trades)?.
What I risk is often different from what I intend to risk - as happened on that Sep 9th day. So its hard to pin the problem on risk level. I suppose that 'only' is being sarcastic.
30% for a terrible month is fine. I risk 6 to 25% per week ... Till you're in the game and make everything to stay in ... it's perfect. The problem being that the greatest losses are yet to come (Proverbial). Don't let the past weaken you but allow it to strengthen you ! Big Up !
Neke eats like an elephant and also shits like an elephant. Instead, he needs to shit like a bird, or at least like a dog.
Going forward, can you show the PnL split between stocks & options? How many positions (stocks, options) do you have on at any one time? Ballpark
Period Update for October (10/01/2016 - 11/05/2016) (5 weeks) Come-back month, up 82K (41%). Well not quite all of it, but a good chunk of the loss last month. Earnings season played its part, for which I am grateful. Now need to be extra cautious to avoid going the way of last month. Code: -------------------------------------------------------------------------------- Opening Balance: 198,681 Net gain for period 81,915 Cash Withdrawal (5,000) ------------------------------------------------ Net Balance: 275,596 For the Thread Year 2016 (1/1/2016 - 10/01/2016) Opening Balance: 203,449 Net gain 107,147 (Up 53%) Cash Withdrawal (35,000) ------------------------------------------------ Net Balance 275,596 ---------------------- TRADES TYPE Exit Date/Time P/L OPTION 2016-10-04-11-07-33 3970 OPTION 2016-10-04-15-51-39 3304.6 STOCK 2016-10-04-09-50-37 -116.5 STOCK 2016-10-05-12-21-47 -811.6 STOCK 2016-10-05-14-33-41 -5833.5 OPTION 2016-10-05-11-14-06 3948.8 STOCK 2016-10-05-10-28-26 57.3 STOCK 2016-10-06-14-54-34 1123.3 OPTION 2016-10-06-12-14-10 7310.5 STOCK 2016-10-06-11-57-06 1813.7 OPTION 2016-10-07-09-47-56 -294.6 OPTION 2016-10-07-10-08-46 -513.7 OPTION 2016-10-10-11-24-35 6731.3 STOCK 2016-10-07-15-49-14 -619.6 STOCK 2016-10-11-11-52-04 -3113.6 OPTION 2016-10-11-11-47-13 -10794.4 STOCK 2016-10-12-14-26-59 -3135.8 STOCK 2016-10-12-11-22-01 -5359 OPTION 2016-10-12-13-31-43 -7114 STOCK 2016-10-12-15-49-20 -376.9 STOCK 2016-10-17-09-54-45 2191.4 OPTION 2016-10-17-09-51-52 6466.9 STOCK 2016-10-17-15-49-13 -1349.6 OPTION 2016-10-18-14-31-37 -4062.9 OPTION 2016-10-18-15-59-46 -8955.6 STOCK 2016-10-19-10-34-16 -1523.9 OPTION 2016-10-19-10-34-31 -5143.6 STOCK 2016-10-19-14-56-21 -3014.4 STOCK 2016-10-20-10-00-37 2563.3 STOCK 2016-10-20-11-25-56 1597.6 STOCK 2016-10-20-15-55-22 4448.2 OPTION 2016-10-20-09-58-03 12216.7 OPTION 2016-10-20-10-36-59 2529.4 OPTION 2016-10-21-10-27-08 6043.8 STOCK 2016-10-21-12-09-38 1150.6 STOCK 2016-10-25-09-59-23 2871 STOCK 2016-10-25-11-24-43 1645.6 OPTION 2016-10-25-09-41-56 9967.8 OPTION 2016-10-25-11-53-35 515 STOCK 2016-10-26-11-09-36 3320.7 STOCK 2016-10-26-12-35-59 -1065.5 OPTION 2016-10-26-11-13-47 5647.5 OPTION 2016-10-26-11-04-27 -6343.3 STOCK 2016-10-27-11-27-58 859.5 OPTION 2016-10-27-11-57-28 18720.8 STOCK 2016-10-27-15-49-13 -817.8 OPTION 2016-10-27-10-14-13 -3561.4 STOCK 2016-10-28-12-39-00 -145.4 STOCK 2016-10-28-10-17-13 3375.9 OPTION 2016-10-28-10-12-13 -3765.5 OPTION 2016-10-28-10-23-25 -5010.2 OPTION 2016-10-28-09-33-47 -303.1 STOCK 2016-10-28-10-15-52 3586.3 OPTION 2016-10-28-15-22-17 9687.9 OPTION 2016-10-28-12-49-09 24334.6 OPTION 2016-10-28-15-27-03 5161.9 STOCK 2016-10-28-15-30-55 1236.4 OPTION 2016-10-28-15-47-18 10108.5 STOCK 2016-10-31-15-59-35 -2532.6 STOCK 2016-11-01-11-08-12 111.5 STOCK 2016-11-01-15-55-13 3974.7 OPTION 2016-11-01-15-46-06 -5261.4 STOCK 2016-11-01-15-46-07 4327.1 STOCK 2016-11-02-10-51-22 -1535.9 STOCK 2016-11-02-15-55-15 9018.1 OPTION 2016-11-02-15-47-49 -7982.7 OPTION 2016-11-02-10-50-36 -17686.4 OPTION 2016-11-02-15-56-42 -6093.9 STOCK 2016-11-03-10-38-54 -5429.8 OPTION 2016-11-03-10-35-15 2960.4 STOCK 2016-11-03-10-43-25 3754.3 OPTION 2016-11-03-10-42-49 12397.1 OPTION 2016-11-03-11-31-23 6959 OPTION 2016-11-03-15-07-54 4900.5 OPTION 2016-11-03-15-09-18 -1716.5 OPTION 2016-11-03-15-08-22 -11038.8 STOCK 2016-11-04-10-29-00 -5089.4 OPTION 2016-11-04-13-06-13 12455.9 OPTION 2016-11-04-10-29-51 41.9 OPTION 2016-11-04-10-29-18 16.99999