Cornix's TA Performance

Discussion in 'Journals' started by cornix, Jun 3, 2013.

  1. cornix

    cornix

    Correction:

    if we consider July so far then yes it's overall underwater since the start of the journal. And while I fully understand for a typical ET member a couple of losses are a true reason to panic I will respectfully prefer to just keep trading exactly the same way. :)
     
    #481     Jul 3, 2013
  2. I don't understand your calculations. Please post each trade you have posted here and the calculation to get 4% return. I add up each trade and its an overall loss--- maybe I am missing a winning trade that turns the losses profitable?
     
    #482     Jul 3, 2013
  3. cornix

    cornix

    Do you calculate total or just June?
     
    #483     Jul 3, 2013
  4. Right. How do you get 4% from a journal that's overall underwater? Looks like creative accounting to me.
     
    #484     Jul 3, 2013
  5. Every trade posted. What else could I use?
     
    #485     Jul 3, 2013
  6. cornix

    cornix

    I said June was 4% profit. Report period for me is a month. Overall yes it's underwater to date.
     
    #486     Jul 3, 2013

  7. This is really unusual --- first it's 4% return, now it's overall underwater ? Why wouldn't I consider July?
     
    #487     Jul 3, 2013
  8. cornix

    cornix

    OK, understood. I just prefer to count chickens in the Autumn, not make long-term conclusions based on short-term equity swings.

    There are report periods, which can be used as sort of a benchmark. Month or better yet a year makes sense to make conclusions. Anything in between is fine of course, but doesn't make much sense IMO.
     
    #488     Jul 3, 2013
  9. cornix

    cornix

    You're welcome to consider it of course. :)
     
    #489     Jul 3, 2013
  10. I just added up all the trades without regard to month or date. When one does this, TA has created a loss so far, not a 4% return.
     
    #490     Jul 3, 2013