Trader PnL 2017

Discussion in 'Journals' started by A2x2, Jan 9, 2017.

  1. Gotcha

    Gotcha

    Oh... I guess the way your platform reports average price its almost as if you were scaling in/out. So if lets say you had 2 trades, one goes long at 2050 and get 2 points, and second goes long at 2060, and gets 2 points, it would be like a long at 2055 average, and exit at 2057 average, even though this average really has nothing to do with the individual trades?

    75% win rate is fantastic. Since the average number is clearly not useable, what is your typical target and stop?
     
    #31     Jan 12, 2017
  2. In the way you are describing, this would indeed be "averaging up" and/or "scaling in". But it doesn't look like it in my case. Here are the actual trades for today (7 buys, 7 sells):

    [​IMG]


    None of the strategies use either targets or stops. Both entries and exits are triggered by setups, which have been proven to yield favorable risk-adjusted returns. If you want to get a sense of these risk-adjusted returns, I can give you the Sharpe ratio: it's about 3.5.
     
    #32     Jan 12, 2017
    wrbtrader likes this.
  3. Gotcha

    Gotcha

    Thanks for taking the time to post this. Seeing the details of the trades answers many questions.
     
    #33     Jan 12, 2017
    wrbtrader likes this.
  4. jl1575

    jl1575


    Congratulations on your excellent automation systems!
     
    #34     Jan 12, 2017
    shazam75 likes this.
  5. carrer

    carrer

    Some of the info is deleted for protection.
     
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    #35     Jan 12, 2017
  6. A2x2

    A2x2

    Net: +38

    Was up about 112.. moved my stop-loss too early just now on the last trade and gave back a bunch of my profits..
     
    #36     Jan 13, 2017
  7. No setups, no trades for me today.
     
    #37     Jan 13, 2017
  8. A2x2

    A2x2

    Net: -58
     
    #38     Jan 17, 2017
  9. No trades for me since last Thursday, Jan 12.
     
    #39     Jan 17, 2017
  10. A2x2

    A2x2

    Net: -59
     
    #40     Jan 18, 2017