THE FINISH LINE.... Week 4 Review 13 trades 9 won 69.2% Profit---$4,175.00 Loss---$1,750.00 Difference--- +$2,425.00 Fees(65 contracts@$4=$260.00) Net Profit---$2,165.00 Week 4 totals: Total Profit---$11,231.00 Total % Gain---112% Total win percentage---62% NOTES: 100% monthly goal met. 112% 50% in two weeks goal met. 54% 18 trading days 4 losing days ( $50. $100. $250. $250) 14 won---78% Thanks for taking the journey guys! You made it interesting.
Decent exercise with Sim. I do want to mention something that perhaps someone else may be able to chime in as well on-----Had you gone short at your first entry and taken the position in June instead of March where you did, you would have netted 208 points if you closed at 20666 where your last trade ended. That would be 5 RT commissions or 20 dollars. --In your exercise, you had 300 RT commissions or 1200 dollars. So, the gain would have been 5180 bucks just by walking away and tending the garden. Had you held til today's closing, you would have netted 271 points or 6775 bucks. ---Here's another interesting fact---a trader may have have closed the short Mar 27 at around 20500. That would have netted 370 or so points or 9250 with just the 5 commissions.--- This analysis doesn't take into account the slippage that one would receive on 60 different trades versus 1. --I also noticed that at least on this last trade, you declared a PT of 30 pts but credited yourself with holding to 50 points. These are items that will need to be accounted for in the real money switch-over. Good fortune to you--Ishmael
You did well! Excellent work and posts which prove something, I didn't follow all calls in detail, only some, but the tone and manner in which you went about it seems the real deal. Very happy to see this level of frequent trading and success.