2012: The Battle for Survival
- Thread starter neke
- Start date
- Status
Yes, steady and nice, take care
Quote from neke:
Period Update for week 31 ended 8/11/2013
Nice week, up $4,646. Glad for another week of steady action on the account. Somehow haven't managed to step up my percentage size as I still feel the 100K line is still threatened.
Code:Opening Balance: 99,200 Net gain for period 4,646 ------------------------------------------------ Net Balance: 103,846 For the Thread Year-to-Date 1/6/2013 - 8/11/2013 Opening Balance: 83,156 Net gain 37,570 (Up 45%) Cash Withdrawal (16,900) ------------------------------------------------ Net Balance 103,846
Reasoning is fear based. Check.
Period Update for week 32 ended 8/18/2013
Another nice week, up $5,405. Waited till Thurs/Fri before making my week. List of trade results is given below (details left out for strategy privacy).
Because it is getting a little bit monotonous, and to reduce urgency to post, I will make my updates here to be monthly (week-end following last trading day). Accordingly the next update will be the week-end of August 30.
Another nice week, up $5,405. Waited till Thurs/Fri before making my week. List of trade results is given below (details left out for strategy privacy).
Because it is getting a little bit monotonous, and to reduce urgency to post, I will make my updates here to be monthly (week-end following last trading day). Accordingly the next update will be the week-end of August 30.
Code:
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Opening Balance: 103,846
Net gain for period 5,405
------------------------------------------------
Net Balance: 109,251
For the Thread Year-to-Date 1/6/2013 - 8/18/2013
Opening Balance: 83,156
Net gain 42,995 (Up 52%)
Cash Withdrawal (16,900)
------------------------------------------------
Net Balance 109,251
----------------------
TRADES
TYPE Exit Date/Time P/L
Option 2013-08-12-15-55-11 -128.8
Option 2013-08-14-14-23-31 -1776.7
Stock 2013-08-13-09-34-22 406
Stock 2013-08-13-10-21-25 1130.4
Stock 2013-08-13-10-42-09 -855
Stock 2013-08-14-09-30-01 -926.6
Stock 2013-08-14-10-28-07 2855.9
Option 2013-08-14-15-15-17 -2084.3
Option 2013-08-15-15-00-48 3130.5
Stock 2013-08-15-12-02-57 454.8
Stock 2013-08-16-10-12-35 2429.1
Stock 2013-08-16-12-15-40 769.8Period Update for weeks 33,34 ended 9/1/2013
Horrible couple of weeks, down 8K. Things were holding pretty steady until the last two trading days when my account broke terribly to the downside. Myself to blame in part for toying with what was working. Took 3K for the month ended 8/31.
The 100K line seems to be a bad barrier to leave behind.
Horrible couple of weeks, down 8K. Things were holding pretty steady until the last two trading days when my account broke terribly to the downside. Myself to blame in part for toying with what was working. Took 3K for the month ended 8/31.
The 100K line seems to be a bad barrier to leave behind.
Code:
--------------------------------------------------------------------------------
Opening Balance: 109,251
Net loss for period (8,042)
Cash Withdrawal (3,000)
------------------------------------------------
Net Balance: 98,210
For the Thread Year-to-Date 1/6/2013 - 9/1/2013
Opening Balance: 83,156
Net gain 34,953 (Up 42%)
Cash Withdrawal (19,900)
------------------------------------------------
Net Balance 98,210
----------------------
TRADES
TYPE Exite Date/Time P/L
stock 2013-08-20-12-01-59 -7.6
stock 2013-08-20-10-36-21 -1302
stock 2013-08-20-10-11-12 1187.9
stock 2013-08-20-12-40-44 -800.3
stock 2013-08-21-13-49-46 -64.2
stock 2013-08-22-09-21-29 1033
stock 2013-08-22-13-12-51 -3597.5
stock 2013-08-22-09-52-07 -12.2
stock 2013-08-22-14-00-59 -753.4
option 2013-08-23-10-39-34 2971.4
stock 2013-08-23-09-32-36 -14.1
stock 2013-08-23-10-00-08 585.3
option 2013-08-26-15-14-23 1026.5
stock 2013-08-26-15-18-15 -220.9
stock 2013-08-26-15-14-52 444.6
option 2013-08-26-15-57-54 -151.9
stock 2013-08-27-15-59-30 1576.7
stock 2013-08-28-10-58-13 2368.1
stock 2013-08-29-14-04-23 -724.2
option 2013-08-29-15-48-09 -2884.2
option 2013-08-29-15-53-47 -877.6
stock 2013-08-30-11-30-50 2837.7
stock 2013-08-30-11-35-32 -1130.7
stock 2013-08-30-12-29-40 -3352.6
option 2013-08-30-11-08-48 -6180.3With just a glance and quick math. All the losses greater than 2% of account equity equal this drawdown, primarily the last two and another notable of 3400ish.
The strict discipline of risk per trade in the 1-2% and cutting losers there will prohibit a few poorly managed trades from damaging your capital.
Should intuition indicate sooner the trade isn't working losses can be cut even sooner to preserve capital. Should the criteria for trade setup recur, reentry is viable.
Still struggling with ego, and lack of a consistent disciplined approach. Being profitable is not about being right, it is about making the right choices. You can be right or be profitable, choose which you prefer. Then align your subconscious beliefs with your conscious, until you're willing to do this, you're getting the results you want.
You're winning by losing.
The strict discipline of risk per trade in the 1-2% and cutting losers there will prohibit a few poorly managed trades from damaging your capital.
Should intuition indicate sooner the trade isn't working losses can be cut even sooner to preserve capital. Should the criteria for trade setup recur, reentry is viable.
Still struggling with ego, and lack of a consistent disciplined approach. Being profitable is not about being right, it is about making the right choices. You can be right or be profitable, choose which you prefer. Then align your subconscious beliefs with your conscious, until you're willing to do this, you're getting the results you want.
You're winning by losing.
you day trade, but you don't take care your entry very well.
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