Search results

Are you just waking up from a deep slumber? With 8000 posts to your credit, one would think you had more substance upstairs than a one-word outburst.

Weekly Update for week 26/50 ended 7/6/2012 Bad week, down 4K (3%). Had a steady week, but the walls cracked on Friday, with my bearish positions killed. Hope earnings season brings some relief. Opening Balance: 128,494 Net loss for the week (3,985)...

Weekly Update for week 25/50 ended 7/6/2012 Negative week, down $885 on 7 trades. Took out $5K for the month ended 6/30/2012. Opening Balance: 134,379 Net loss for the week (885) Cash Withdrawal (5,000)...

For the period, lost 9K against a target gain of +3K. Another dismal performance. For the 5 weeks from 7/1/2012 to 8/5/2012, target P/L is being set at +6K. Let's see what happens with all the changes and risk control being put in place.

Weekly Update for week 24/50 ended 6/29/2012 Nice week, up 3.8K (2.9%) on 4 trades. Opening Balance: 130,620 Net gain for the week 3,759 ------------------------------------------------ Net Balance: 134,379 Since Inception...

Weekly Update for week 23/50 ended 6/22/2012 Ugly week, down 7K (5%). Disturbing because I can't even point to the trade that caused this. 7 Trades. 7 Losers. Grim. Opening Balance: 137,652 Net loss for the week (7032)...

Weekly Update for week 22/50 ended 6/15/2012 Flat week, down $458 (0.3%). Still trying to gather myself together. Opening Balance: 138,110 Net loss for the week (458) ------------------------------------------------ Net Balance...

Weekly Update for week 21/50 ended 6/8/2012 Awful week, down 5.3K (3.7%). Opening Balance: 143,420 Net loss for the week (5,310) ------------------------------------------------ Net Balance: 138,110 Since Inception of Thread...

When I talked about stopping all discretionary trades during the trading day, I was referring to having my system close all discretionary positions initiated during the trading day. That can be checked by my automation (if any discretionary trade is initiated, it is closed out immediately at...

Weekly Update for week 20/50 ended 6/2/2012 Negative week, down 2K. gave back last week's moderate gain. Too much interference with my automation - closing out positions manually out of fear of losing. Not good for performance. There is some kind of vicious cycle when there is no buffer of...

So on Year 1, you lay out 10% on beaten down sector pick. Year 2, the first investment doesn't pan out, and the bear hit another sector, you are in with another 10%. Suppose it doesn't pan out in one year as well. Over time you are fully invested in losers. Looks like averaging into losers...

Weekly Update for week 19/50 ended 5/26/2012 Moderately positive week, up 2K. Still hurting from last week, but any green is some relief. Opening Balance: 147,402 Net gain for the week 2,060 ------------------------------------------------ Net Balance...

80% draw-down? Blow-up? I believe if I pulled out all my remaining 147K from the market today, you would say I have a 100% blow-up. That is how intelligent you are. For the sake of anybody that cares about the facts, here they are, starting from my first journal of 2/25/2007. Result...

Weekly Update for week 18/50 ended 5/19/2012 Disastrous week, down 13.2K (8.2%). Last week I was hoping I could have a break-out week, but rather ended with a break-down. Was having a modestly losing week until Friday. Then at 245pm, with barely over an hour to close of trading, and...

Weekly Update for week 17/50 ended 5/12/2012 Another moderately positive week, up 3.2K (2%). Discretionary made 5.3K while I lost 2.1K on the algos. Still looking for a break-out week. Opening Balance: 157,405 Net gain for the week 3,196...

Weekly Update for week 16/50 ended 5/5/2012 Moderately positive week, up 2.2K (1.4%). Made 4.4K via automation but lost 2.2K on discretionary. Took out 6K for the month ended 4/30/2012. Will still cut further on the discretionary as it has become a drain. Ideally discretionary trading should...

You are right. I haven't been able to classify my trades into those three categories yet. The difficult thing is being able to do it objectively, and not subject to my "mood". That is something I will be able to accomplish once all strategies have been automated - or at least have enough...

Weekly Update for week 15/50 ended 4/27/2012 Flattish week, up $902 (0.6%). Still trying to close holes in my automation. One of such holes caused an entry to an out-of-money position with no bid. The system bought 180 contracts @ 0.25. When I was alerted I checked the option, and it was bid...

Weekly Update for week 14/50 ended 4/20/2012 Bad week, down 3.5K (2.2%). Bad start to my comeback strategies as there were several holes that needed to be closed. Was in such a hurry to start trading them. Opening Balance: 163,811 Net loss for the week...

SO where do you get the change of mind to address your problem (your last statement)? The good thing about being involved with the market is you are able to see those weaknesses and take steps as they happen. Of course when I have a losing week, it appears I am doing nothing to change the...