Daedalus

Discussion in 'Journals' started by DDmaster, Apr 22, 2011.

  1. Account value : 43,608 $
    Made a new high, MTM +237.8 $
    Closed +126.8 $
    Open position unrealised P&L : -657.7 $ end of day.
    I did slightly worse than the S&P 500 since it went up some were around the+ 0.65 % and I was able to do +0.55% on account value.

    preformance so far:
    [​IMG]
     
    #21     May 10, 2011
  2. Account value : 43,889 $

    New High :D
     
    #22     May 11, 2011
  3. Account value: 43,154 $

    Took a slight hit yesterday made a few mistakes, mainly due to over confidence.

    I have decided to stop using my slightly improved system due to it creating larger drawdowns, and is taking up allot of my time. I have found it’s very important to trade a system that doesn’t require much babysitting; I forgot this a few days ago and created a faster method in a senseless attempt to get more action and profits.

    I’m going to try to drop the current position in my account at the best price i can through this month and continue to trade the way I had been doing for the past 4 months.
     
    #23     May 12, 2011
  4. Account value: 43,368 $

    Should have closed most of my positions yesterday as today I’m taking quite a hit , at one point i was down nearly 2.4% total DD peaking at 5.5 % hope it closes higher (I hate that word “hope” now I’m praying not trading), I would normally not worry much but I know that most of this is due to a few mistakes I made a few days earlier and my inability to close at a small loss on the 11th at market open , I just kept waiting for it to go a little bit higher and in the end it didn’t.
     
    #24     May 13, 2011
  5. Account value: 42,522 $

    Took quite a hit on Friday account value dropped by - 845.9 $ the largest loosing day in $$$´s since I started this account. On the positive side I did close +84.1 $ with two positions, though this doesn’t do much to soften the -2189 $ blow which is the current open positions.
     
    #25     May 15, 2011
  6. Account value: 42,374 $

    Monday = 41,959 $
    Tuesday= 41,702 $
    Wensday= 42,212 $

    It’s been a while since my last update, haven’t had much movement in my account over the last few days as I am fully invested and my targets haven’t been hit.
    Once things settle down a bit I will be posting trade by trade again.
     
    #26     May 20, 2011
  7. Current account value: 42,054 $

    20th = 41,789 $
    23rd = 40,807 $
    24th = 40,711 $
    25th = 41,291 $
    26th = 41,727 $

    It’s been quite a ruff week had barely no trades, allot of time to reflect on my trading I have decided to use less leverage than I was using it just doesn’t seem like the reward due to extra leverage is worth the risk.
    Going to try to post after every trading day it’s been hard the last week as nothing was happening.
     
    #27     May 30, 2011
  8. May -1.62 %

    account value: 40,745 $

    1st june : 40,907 $

    31st may : 42,704 $
     
    #28     Jun 3, 2011
  9. May statement
     
    #29     Jun 3, 2011
  10. Account value: 39,494 $
    Wow it’s been quite a while since my last update , when I started this thread I thought I was going to update every day but since iv started I have noticed that there’s not much point to every day updates.

    This month has been a heavy hit to my account mostly because the market has tanked and I’m holding more than I should be I’m currently leveraged 183 % so borrowing 83 % that is 63% too much.
    Currently holding:

    AFL
    BKH
    BXS
    CINF
    CBTI
    EMR
    EV
    HR
    KO
    LOW
    NUE
    PPG
    RPM
    TNC
    UBSI
    UVV
    SDY
    All long direction.
    I’m going to keep the movements more up to date from now on.
     
    #30     Jun 16, 2011