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That's true. When I make significant changes, I start measurement from the new date (like the case I mentioned above starting 7/30/2012).

$500/day on an account my size will seem like a home run in the long run :) Yes, I am working on getting to that consistency, and certainty in my strategies - I am longing for the day when everything I do will be mechanical (answer a number of objective questions and let the algorithm place...

She know things are not working well, but no she doesn't know that 300K has disappeared! ( I don't know that either!!)

ENTRYAMT EXITAMT NETRETURN 35160 36156 974 16800 17790 961 31150 32513 1341 20194 22230 2015 41040 41425 370 31138 32305 1145 133954 130623 -3369 52167 54495 2313 46303 48427 2102 48900 48300 -622 59952 59566 -416 49572 50056 462 67040 67220 165 55000...

On the one hand somehere would want me to pull ALL money and stop! Continuing at 5K is a middleground between pulling it all and leaving all behind to lose

Suppose I did that and realised 50% next year. Guess what? I would still need to bring out 60K at the end of next year, leaving 15K balance. I think those sudden jolt (110K->50K, and 75K->15K) would be even more psychological draining that the current slow decline. Besides, at 50% annual rate, I...

Weekly Update for week 42/50 ended 11/3/2012 Horrible week, down 5.8K (4.8%). Two ill-fated trades using same strategy lost 7.3K, and wrecked the week. Market seems to change on a dime. Have used this strategy since earnings season started and got 6.4K over many trades, seeing it lost in...

Yes, it's staggering when you express it that way. 5% for commission would probably be attainable if I were doing more of swing (1-5day ) trades. Slippage - I don't see being as small as that unless I have to completely stop options trading - that is a big slippage source. Nevertheless, I...

Weekly Update for week 41/50 ended 10/28/2012 Frustrating week, down 1.3K (1.1%). With all the opportunities presented by earnings season, a dismal performance, as I couln't get any consistency. Made 22 discretionary trades and 8 automated trades, and paid $955 in commissions. Need to...

It was the downdraft in AAPL that caught me. Still trying my best to avoid the temptation of fading moves on the spur of the moment.

Weekly Update for week 40/50 ended 10/21/2012 Positive week, up 7.6K (6.7%). Nice start to earnings season. Made money each day, except Friday, where I surrendered a good part of the gains doing some errant buys on dip. Seems I need to re-learn my lessons after each string of profitable...

Weekly Update for week 39/50 ended 10/14/2012 Another lacklustre week, up $223 (0.2%). Opening Balance: 1114,191 Net gain for the week 223 ------------------------------------------------ Net Balance: 114,414 Since...

The 41K loss would not have translated to 41K gain for the opposite trader, because that loss already includes commission and slippage. To get the result for the trader try: 41K - commission - slippage - commisson - slippage (yes you subtract those twice, the first time to get fair P/L , the...

Your points are fully valid. As I stare down below at the 6-figure line (100K) I am terrified. I absolutely want to reduce the frequency of my trading as a first step. That should pair down slippage and commissions, and maybe result in better quality trades. I will see what happens from there.

No, the opposite trader would have been down as much as I am. That was the point I was trying to illustrate assuming slippage of 25K. Fair Gross P/L 0.00 Commission (19K) Slippage (25K) -------- Net (44K) Taking the opposite side of my trade means buying when I am selling and...

Weekly Update for week 38/50 ended 10/7/2012 Lacklustre week, down $858 (0.7%). Hope things pick up soon. Took out 4K for the month ended 9/30/2012. Opening Balance: 119,049 Net loss for the week (858) Cash Withdrawal (4,000)...

Like I mentioned 19.4K is commission. Not easy to quantify, but I believe slippage accounts for more than the remainder of the loss this year (24K). Not trying to justify the performance, but to answer your question. (so if anyone is interested in taking the opposite side of my trade, too bad...

That is SO WRONG!! You ignore fixed overheads. This year alone, I've paid 19.4K in commission. Even with a coin toss, that still has to be paid. And unless you have the inside edge of a market maker, slippage is something you must pay, especially when trading options like I do. That is a...

Weekly Update for week 37/50 ended 9/29/2012 Ugly week, down 12.3K (9.4%). Lost on 9 out of 11 trades. Bizarre. Began the month with a monster week, but everything went downhill from there. For the four weeks, lost 7K against expected gain of 4K. For the next 5 weeks (Sep 29 - oct 3)...

Weekly Update for week 36/50 ended 9/22/2012 Negative week, down 3.3K (2.4%). Lost money, made it back, lost again to end the week. Opening Balance: 134,647 Net loss for the week 3,283 ------------------------------------------------ Net Balance...