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I was stopped out on 4 losers around the open, that the strat exited about a week ago. It did not help with reducing losses much to keep holding them beyond the strat exit. I need to remind myself that tying up cash in losers means missed opportunities in higher probability setups. Currently...

Kohanz, That is interesting that you mention factoring news into the equation, because I have considered that. My back testing does not regard news, and I imagine it would be very difficult if even possible to address news historically to back test. However, I have made some observations...

Hi benwm, February ended green so I cannot complain. I am currently holding several positions that the strat would have exited, so I have not been following it to the T. As a result, I introduced a snippet of code that will allow a hold overnight on a relatively big loser just to see if it...

heech, I've learned that to be able to become skilled, one has to be able take constructive criticism :). The opposite is lunacy. I don't think TS does VAMI charts. I think with an accurate starting equity, one can know how much they had to work with when looking at returns on initial...

And here is an equity curve starting 11-1-10:

And here is an equity curve starting 12-1-10:

I have decided to change the way in which I will be displaying my equity curves. Before, I was displaying an equity curve line for all closing trades made. Due to demand, I will now be displaying a composed equity curve at the close, which includes mtm for open trades. These charts are...

Here is a side by side comparison of MTM charts and Realized PL for the same time period. I realized I didn't have the box checked earlier "Consider open positions closed, as of the date/time the report was generated." The draw downs are a little more pronounced with MTM, which is what I knew...

Here is a MTM period analysis (Daily) since starting this journal. Today was actually the biggest $ gain for the month. I think I am going to like this MTM thing.:D

DGunz, as you can see in the MTM chart below average hold time for winners is 1 day, 19 hours, and 15 minutes. For losers it is 4 days, 2 hours, and 12 minutes. As I said on my very first post, my average hold time is 2 days. I admit my style is foreign to most people, and I am hoping I can...

DGunz, I already beat you to the idea of displaying mtm before I read your reply:p . It will show better the "sweat" one has to endure, but I think I have already been discussing that from the beginning. Now even more with this journal, you will see the good, the bad, and the ugly...

Total Net Profit $1,695.17 (Per Share) $0.06 Gross Profit $7,720.92 Gross Loss ($6,025.75) Profit Factor 1.28 Total Number of Trades 219 Percent Profitable 64.38% Winning Trades 141 Losing Trades 78 Avg. Trade Net Profit $7.74 Avg. Winning Trade $54.76 Avg. Losing Trade ($77.25)...

I didn't think mark-to-market was that big of a deal. My strategy is not martingale style. I dont average down to zero, by doubling my bet after getting into a loser. In fact my strat makes no distinction regarding position size whether it is currently a winner or loser. I am diversified...

Here is a decent trade for the day (marked-to-market).

If you have read this journal, you would know that my "purpose" is to try to match the back testing results in real world trading. If you want to nit pick over individual trades then perhaps you are missing the purpose. I am as incredulous as anyone that the system can achieve the back testing...

Thanks, but I don't even consider what the market says they're worth. They are all worthless to me. I only trade because I know I will be able, on average, able sell to somebody at a higher price than I paid.

To be honest, it is doing poorly. If you were to mark-to-market the losses the strat experiences occasionally, one would probably not want to trade this system. But I believe that is where the “secret” lies to its success. The equity curve only reveals realized profit/losses. This goes...

I managed to end the day with a realized profit of $428.23, while also reducing my open number of positions to a more comfortable level. February will be a shortened trading month, having fewer days and a couple trading holidays, but I am still shooting to complete the month with a net gain...

Thanks for the input benwm. I think this journal will help me stick it out thru the difficulties. Today I experienced a 10% intraday drawdown. I knew I was pushing the envelope with the number of open positions I was allowing. I will scale that down a bit. The market action the past couple...

This is the Profit Distribution of all trades from the May 08 highs, to the March 06, 2009 low. Note that the bread & butter of profits are in the 1-5% range, with +- outliers basically cancelling each other out.