2014: The Battle for Survival

Thanks for sharing. The biggest anomaly is September. Volatility was still low and the market went sideways, no big moves in either directions. Yet you managed to make it the biggest losing month. So averaging into losers doesn't explain it...
 
neke said:
Period Update 09/30/2018 - 1/4/2019
----------

Horrible 3 months to end the year, down 73K (39%). For the year down 39.7K (23%)

Not sure how to explain it. The increased volatility was detrimental to my account. Ordinarily I should be doing better from my historical pattern. This time looks like everything was different, and years of being accustomed to low volatility was tough to change in my strategies. The most ugly thing in this is that there is no strategy I could run to. As at the end of August, I was up +101K; my best performing strategy was up 171K (meaning the rest of the strategies were losing 70K). Just thereafter, suffered some stupefying reversal, dropping 140K on that strategy, to close up only +30K on the strategy. Too many questions now, as I am basically doing light trading at the moment.


Code: 
For 2018

Starting Balance: 172,023  Cumulative P/L: (39,745)
Start Date  End Date     P/L  Withrawal  Closing Balance
2018-01-01  2018-02-05  -55560  -6000    110,463
2018-02-05  2018-03-05   70245  -3000    177,708
2018-03-05  2018-03-31   58942      0    236,650
2018-03-31  2018-05-05  -16482  -3000    217,168
2018-05-05  2018-06-02   -6498      0    210,670
2018-06-02  2018-06-30    9397      0    220,067
2018-06-30  2018-08-04   20308  -3000    237,375
2018-08-04  2018-09-01   21120  -3000    255,495
2018-09-01  2018-09-29  -68509      0    186,986
2018-09-29  2018-11-03  -28213  -1000    157,773
2018-11-03  2018-12-01   -5884      0    151,889
2018-12-01  2019-01-05  -38611  -2000    111,278
More...

Thanks for sharing. You already know this but as a reminder, adapt your strategy or drawdowns will continue.
 
In the last 4 years, except in 2017, you lost money during the Sept-Dec period. Maybe just stop trading when September comes, specially if you are nicely up already... But at least scale down...

Out of those 4 years, 2017 was the only one without a significant Sept-Nov sell off...
 
Period Update 01/01/2019 - 03/31/2019
----------

Flat three months, up 4K

The reduced trading continues. The only thing I have worked on is reversing the decision to only do automated trading. The issue before now has been not resisting the urge to overtrade sometimes, or to go on doubling down and do revenge trading, not because my discretion is bad. Accordingly I have decided to allow only one discretionary stock and one discretionary option entry each day - My first idea of the day (or one choice among many) always seem to be better than average for the rest of the day. I am working on classifying these trades into three conviction classes, and allow more leverage for the highest conviction. Still early, but I am aiming to reduce the big swings.

Code: 
For 2019

Starting Balance: 110,523  Cumulative P/L: 4,200
Start Date  End Date         P/L  Withdrawal  Closing Balance

2019-01-01  2019-02-02    -12056    0             98,467
2019-02-02  2019-03-02      7745    0            106,212  
2019-03-02  2019-03-30      8511    0            114,723
 
Period Update 03/31/2019 - 06/30/2019
----------

Positive 3 months, up 39K (34%). Profitable 3/3 months.

Still chugging along with my revised automated/discretionary combo. Greater focus on the one idea of the day (for stock and then option). The rest is automated. So far so good, the accumulation of gains is reflective of my reduced size - which is great for reducing the volatility in the account. I am more focused now on the long-term game, instead of trying to hit new highs in a month. Still a long way from testing the highs once attained, but I am optimistic it will come.


Code: 
For 2019

Starting Balance: 110,523  Cumulative P/L: 39,312
Start Date  End Date     P/L  Withrawal  Closing Balance

2019-01-05  2019-02-02  -12056        0   98,467
2019-02-02  2019-03-02    7745        0  106,212   
2019-03-02  2019-03-30    8511        0  114,723
2019-03-30  2019-05-04   12126        0  126,849
2019-05-04  2019-06-01    9444    3,000  133,293
2019-06-01  2019-06-29    13542   5,000  141,835
 
Period Update 06/30/2019 - 10/05/2019
----------

Negative 3 months, down 22K (16%).

Back to old ways. Correcting that going forward.


Code: 
For 2019

Starting Balance: 110,523  Cumulative P/L: 17,158
Start Date  End Date    P/L    Withrawal  Closing Balance

2019-01-05  2019-02-02  -12056  0          98,467
2019-02-02  2019-03-02  7745    0         106,212  
2019-03-02  2019-03-30  8511    0         114,723
2019-03-30  2019-05-04  12126   0         126,849
2019-05-04  2019-06-01  9444   3,000      133,293
2019-06-01  2019-06-29  13542  5,000      141,835
2019-06-29  2019-08-03  -18372  0         123,463
2019-08-03  2019-08-31  4499    0         127,962
2019-08-31  2019-10-05  -8281   0         119,681
 
You must log in or register to reply here.
Back
Top