hey mac, i'm not comfortable with it either, lol. i manage no different than most. today was not a positive either. before today i was mtm up over 5% for nov too. i plan on posting Q4 results (like i have done all yr) so u can see my dd's, etc.
Ok looking forward for your Q4 results. While the daily posts on the thread is very interesting, the fact that itâs in âdollar amountâ rather then % makes it lose a lot of its value. Losing 10k in a 50k account means something bad, while losing 10k in a 2 Mil account (especially unrealized lose) means nothing bad at all. Thatâs why I for me the quarterly reports are much more informative.
OK, since everybody is so honest, I will tell you my result today: -65,980. My mean reversion strategy just didn't work today. I was also deceived by the midnight bounce. I thought the morning sell off was just a short-lived one, I thought a repeat of the midnight bounce would happen. It never came. A big part of the loss came from crude oil. I am also honest enough to tell you that the loss is 30% of my account.