Here is the update of this journal for Mar. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Thursday, Mar 28, 2013: $13,032 Return since the beginning of this journal: 33.00 % Return in the month: -5.41% Return in the week: NA Simple average daily return: 0.1710% Expect account to double on: Apr 24, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.33% Initial Margin at most recent close: $12,550 VAR at most recent close (99.5% confidence): $3,994 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
excellent return. Since its a small account what is a typical percent of the balance you commit to a single trade?
Here is the update of this journal for the 1st week of Apr. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, Apr 5, 2013: $13,676 Return since the beginning of this journal: 39.57 % Return in the month: NA Return in the week: 4.94 Simple average daily return: 0.1968% Expect account to double on: Feb 6, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.33% Initial Margin at most recent close: $15,999 VAR at most recent close (99.5% confidence): $3,645 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
Here is the update of this journal for the 2nd week of Apr. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, Apr 12, 2013: $12,932 Return since the beginning of this journal: 31.97% Return in the month: NA Return in the week: -5.44% Simple average daily return: 0.1537% Expect account to double on: Jun 29, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.37% Initial Margin at most recent close: $9,268 VAR at most recent close (99.5% confidence): $4,616 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
Here is the update of this journal for the3rd week of Apr. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, Apr 12, 2013: $13,639 Return since the beginning of this journal: 39.19% Return in the month: NA Return in the week: 5.47% Simple average daily return: 0.1823% Expect account to double on: Mar 19, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.37% Initial Margin at most recent close: $13,186 VAR at most recent close (99.5% confidence): $1,290 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
Here is the update of this journal for the 4th week of Apr. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, Apr 12, 2013: $13,512 Return since the beginning of this journal: 37.89% Return in the month: NA Return in the week: -0.93% Simple average daily return: 0.1707% Expect account to double on: Apr 25, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.37% Initial Margin at most recent close: $15,068 VAR at most recent close (99.5% confidence): $824 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
Here is the update of this journal for the Apr and 1st week of May. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, May 3, 2013: $13,182 Return since the beginning of this journal: 34.57% Return in the month: 0.79% Return in the week: -2.41% Simple average daily return: 0.1509% Expect account to double on: Jul 10, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.37% Initial Margin at most recent close: $9,470 VAR at most recent close (99.5% confidence): $98 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
Here is the update of this journal for the 2nd week of May. Performance: Account Value at the beginning (Sep. 16, 2012) of this journal: $9,799 Account Value as of Friday, May 10, 2013: $13,031 Return since the beginning of this journal: 32.98% Return in the month: NA Return in the week: -1.18% Simple average daily return: 0.1398% Expect account to double on: Sep 2, 2014 Equity curve (initial value set at zero): See attached chart Parameters compliance since the beginning of this journal: Risk experienced: Medium Max drawdown experienced (based on daily close): 15.37% Initial Margin at most recent close: $8,875 VAR at most recent close (99.5% confidence): $24 Greeks: were all within predefined range. Delta, ****; Gamma, ****; Vega, ****; Theta, ****; PS: I did very little for this account in last few weeks due to the fact that the market was moving one side only lately. However, the strategy applied to this account is delta neutral, which profits from the periodical up and down market. In order to avoid huge volatility spike (market sudden crash or big sell off), Iâll stay sideline, and may take small bearish directional bet in next few weeks.