AllenZ's Journal

Discussion in 'Journals' started by AllenZ, Oct 1, 2002.

  1. AllenZ

    AllenZ

    This entry will include the final 5 days results for October. I am not going to give trade breakdowns just the entries and exits with time in and out.

    I just want to finish what I started as this thread deteriorated to a point that continuation was no longer worth the time or effort that I put into it.

    October 25

    10:19 Short 975 Exit 975 flat / 42 minutes
    11:52 Long 981 Exit 986 +5 / 19 minutes
    13:12 Short 984 Exit 984 flat / 30 minutes
    13:58 Short 979 Exit 985 -6 / 14 minutes
    15:04 Short 991 Exit 995 -4 / 25 minutes

    Day Net -5
    Month Net +24

    October 28

    10:02 Short 1001 Exit 992 +9 / 12 minutes
    11:18 Long 982 Exit 986 +4 / 26 minutes
    12:57 Short 979 Exit 985 -6 / 19 minutes
    15:31 Short 977 Exit 977 flat / 20 minutes

    Day Net +7
    Month Net +31

    October 29

    11:17 Long 952 Exit 950 -2 / 30 minutes
    14:09 Short 950 Exit 944 +6 / 22 minutes
    15:18 Short 959 Exit 964 -5 / 13 minutes
    15:35 Short 967 Exit 967 flat / 17 minutes

    Day Net -1
    Month Net +30

    October 30

    10:11 Long 973 Exit 980 +7 / 30 minutes
    10:47 Short 983 Exit 987 -4 / 20 minutes
    11:12 Short 994 Exit 988 +6 / 50 minutes
    13:50 Short 986 Exit 979 +7 / 34 minutes
    14:54 Short 988 Exit 993 -5 / 24 minutes

    Day Net +11
    Month Net +41

    October 31

    10:04 Short 994 Exit 1002 -8 / 2 minutes ( econ numbers )
    11:02 Long 983 Exit 989 +6 / 5 minutes
    13:35 Short 992 Exit 996 -4 / 17 minutes
    14:09 Short 997 Exit 993 +4 / 5 minutes
    14:25 Short 998 Exit 988 +10 / 50 minutes

    Day Net +8
    Month Net +49

    all net totals without commission
    90 total trades
    33 wins
    40 losses
    17 stopped flat

    I welcome you guys to critique up my marginal month. It was profitable, but only about an 11% return based on an account that trades 5k per contract.

    I am sure many of you did better in October and many did worse. This is a little low for my system but it was a difficult month to read for me as remained seemingly short biased despite the obvious strength we had.

    Hope you enjoyed this journal.

    AllenZ
     
    #221     Nov 1, 2002
  2. JayK

    JayK

    Thanks Allen, I appreciate your willingness to post your trades.

    Don't let the negatives drag you down :)

    One question that I have is about slippage: what have people in your room reported so far? Are these entries/exits typical or are there many people who do much better/worse?
     
    #222     Nov 1, 2002
  3. AllenZ

    AllenZ

    Slippage occurs, but on both sides. My trade exits are generally target based so once that target hits I am gone and the trade is officially closed. Many member wait for thier own reasons for exit and thus may get more or less on a trade than the actual call returned.

    For the most part, if you have the order in at the target price there is no reason to sway much from the posted results. But everyone uses a room for different reasons.

    AllenZ
     
    #223     Nov 1, 2002
  4. Bhodie

    Bhodie

    Congratulations on a marginal month :p

    From a room member to people wondering - Allen posts his entries and target well in advance. If you want the room trades there's no reason not to get them with limit and stop orders.
     
    #224     Nov 1, 2002