I see what you are saying. At first glance I thought different. Your point well taken. January, my absolute performance was not great being in the red. To your point, I actually traded perfectly making zero execution mistakes and in review of all my entrances and exits...they were all correct. This is critical for 2019.
What do you typically do on the weekend in relation to trading? I spend between 4 and 8 hours, retesting by hand my entrances and exits. This helps with pattern recognition and re-confirming my system is viable and boosts confidence in my strategy. I also brainstorm on new systems, but most typically become failures. For 2019 I want to develop a system in options, but for many years I just have not been able to fully deploy anything useful. Testing with options I find is also strenuous. I'm close though, I have some optimal blueprints for options, making directional bets on a couple stocks... could take a while though before I fully bake this one in.
Readin books on that topic ( atm The Road of Turtles by Curtis M. F ), forum, some news on what happened during the week, also looking for short on monday ( 1/3 days ) ( demo ) with APHA, and for long on HUYA ( 1/3 days , im carefull with that one tho, might be just a fakeout ) , both having RRR 1/3 imho. Long on SOGO as well, with RRR 1/4~5.
Another full week ahead of ourselves, already have positions on initiated tonight. Mild anxiety... not sure if that will ever go away. I hate calling out trades, so this might be the first and last one: Long GC at 1318.5 I'm honestly too active in my trading to call them out and would probably serve little benefit to anyone who cares to look at the trade. My risk management strategy is a bit complex too. But what the hell.
Me? Hell no, blood sweat and tears for me. Hoping some of these other guys post real results too... It would be great to see who is a real trader on Elite Trader. January beat me up a bit. I'm optimistic for February.
No, not you. Des responded to me, and I responded back to him. Oi! (And des, I respect you as a poster. Why you going to try to go down that road with me?)
Still a slow bleed this year. Funny thing is if I took a small gain on each trade I would be up nice this year. From what I can recall most of my trades were profitable this year at some point. I'm greedy, I go for the kill, and causes my account to bleed over a period of time. This drawdown is not too bad, but sucks it's in the beginning of the year. It's a myth all traders want to believe is true. Win all the time, lose infrequently. It's pain avoidance. We are programmed to want this to be reality. I guess there are traders that can do that, but few and far between. We are programmed to rather have steady gains, then "lumpy" gains... EVEN IF the lumpy gains are larger then the steady gains...we still would rather the steady...again because we are programmed this way. Anyone else want to post a screen shot from their broker and show their returns? They've got to be better then mine YTD.