Neke's threads are the only one's that I read in this forum. Last few years I come here every couple weeks to check what's new. I just want to say that in all those comments there is essence of what's trading. From greatness of top notch advice to sorrow from witnessing blow ups. Thank you all for participating and especially neke for enabling it with his openness.
Why are you shorting stocks in up trends? If you had put a 50 And 200 moving average on chart you can trade with them
For the remainder of the year (Mar - Dec 2014) I am re-setting targets for each strategy earlier mentioned. I am still maintaining an overall target of 100K for the year, but with some reshuffling among the strategies. I have increased target on option2 because of the current good result, and increased optimism on that end. stock4 has also got a higher target because of better expectation (in part also reflective of a good week on that strategy). I dropped option3. Code: Initial Projection Current Amount New Projection option1 10000 2840 10000 option2 10000 15303 25000 option4 10000 -199 5000 OPTOTALS 40000 17944 40000 stock1 15000 -815 10000 stock2 15000 -1515 10000 stock3 10000 -27980 5000 stock4 10000 5893 25000 stock5 10000 6022 10000 STKTOTALS 60000 -18395 60000 GRAND TOTALS 100000 -451 100000
Period Update for March 3/1/2014 - 3/29/2014 (4 weeks) Closing my month with one more trading day left, as I will likely be too occupied next week-end with my office work. What a spectacular month it was, up 57K (58%). The slight return of volatility spurred strategy stock4 into tremendous level of activity, with a win rate of 68%. As I noticed the good turn of results, decided to allow discretionary averaging in on that strategy, but subject to strict rules enforced by system. Everything worked out perfectly, size of winners outpacing size of losers as well. I should probably be revising my targets again for the rest of the year, but will abstain. I just don't want to be doing that every month, and certainly not want to jinx my next month performance by an ambitious target. Code: -------------------------------------------------------------------------------- Opening Balance: 98,087 Net gain for period 57,126 Cash Withdrawal (2,500) ------------------------------------------------ Net Balance: 152,713 For the Thread YTD 2014 (1/4/2013 - 3/29/2014) Opening Balance: 101,037 Net gain 56,676 (Up 56%) Cash Withdrawal (5,000) ------------------------------------------------ Net Balance 152,713 ---------------------- TRADES TYPE Exit Date/Time P/L STOCK ***2014-03-03-15-01-13***-258.53 STOCK***2014-03-05-10-46-12***1498.07 STOCK***2014-03-06-10-54-27***734.98 STOCK***2014-03-06-09-37-51***1298.48 STOCK***2014-03-07-15-23-34***-733.8 STOCK***2014-03-07-15-55-58***2572.08 STOCK***2014-03-07-14-10-11***6910.09 STOCK***2014-03-07-15-20-32***4479 STOCK***2014-03-10-15-56-16***-3693.1 STOCK***2014-03-10-15-50-00***314.8 OPTION***2014-03-10-15-49-03***95.5 STOCK***2014-03-10-15-51-29***1417 STOCK***2014-03-11-10-05-44***2177.7 STOCK***2014-03-12-10-55-00***-1378.1 STOCK***2014-03-12-14-04-14***3305.7 STOCK***2014-03-12-10-32-41***2979 STOCK***2014-03-12-09-52-20***-14.1 OPTION***2014-03-14-14-56-16***-2787.5 STOCK***2014-03-14-12-16-53***8395.5 OPTION***2014-03-14-09-56-54***-99.5 STOCK***2014-03-17-12-49-46***92.5 OPTION***2014-03-17-13-57-23***1191.9 STOCK***2014-03-19-10-09-42***1059.2 STOCK***2014-03-19-13-56-15***4779.7 STOCK***2014-03-19-14-49-33***2378.5 STOCK***2014-03-20-11-24-39***-156.2 STOCK***2014-03-20-15-28-24***4190.4 STOCK***2014-03-21-13-30-53***1602.8 STOCK***2014-03-21-12-55-05***-526.4 STOCK***2014-03-21-15-34-40***-4338.7 STOCK***2014-03-21-09-59-01***69 STOCK***2014-03-24-13-34-46***5060.8 STOCK***2014-03-24-10-59-33***-886.9 STOCK***2014-03-24-15-32-31***-1398.6 STOCK***2014-03-24-15-24-31***744 STOCK***2014-03-24-15-43-48***-176.2 STOCK***2014-03-25-11-22-31***-1009.5 STOCK***2014-03-25-09-31-34***57.1 OPTION***2014-03-25-15-41-31***1943.2 STOCK***2014-03-25-15-19-46***5440.4 STOCK***2014-03-25-10-52-55***-128.7 OPTION***2014-03-25-15-51-12***79 STOCK***2014-03-25-11-09-51***-64.4 OPTION***2014-03-27-15-44-15***3314.7 OPTION***2014-03-27-11-02-49***5666.5 STOCK***2014-03-28-09-31-04***928.4
Good work! History doesn't lie. You've proven yourself in the stock market in the past, and a couple of subpar years doesn't change that. Where are the haters now?
While it was certainly a nice month and a "well done" is in order, one has to take into account the crazy position sizing, which from the looks of it could've been above 100% of equity. Betting the farm also brings in the largest returns, obviously.