2014: The Battle for Survival
- Thread starter neke
- Start date
Well, I am glad the swings don't effect your health. Although I recall you mentioning earlier that it is hard to bear, so I am surprised you don't understand my inquiry...
Back in April you said:
But if you can sleep fine, then all is well....
depending on which side of the P and L, swings cause both euphoria and dysphoria. i have a hard time believing that it does not effect neke in some way based on his P and L posts...if he is completely immune then i want some of what he is taking!
Actually he has just lost 93K. Don't you pay attention? Post #266
Now a quick calculation shows that since last November (when the swings started) he is still up 115K, so averaging 10.5K per month. That is about 3-4% monthly return based on a 250K+ account....
Last edited:
Period Update for September (9/5/2015 - 10/2/2015) (4 weeks)
Awful month, down 172K (36%). Hard to explain what happened. I guess live by the sword, die by the same.
The first wave of losses was 10/11th of Sep for a total loss of 111K as I grew overconfident following last month's result, and veered into forbidden areas and strategies with leverage. Just when I thought I got that behind me, came this Monday (28th) whose 94K is already posted - recklessly overexposed on an ugly market day. The final wave is today (lost 56K) as I grew desperate to rescue something from the month - ended up with bigger losses.
Need time to reflect - big changes definitely coming in my trading rules / system checks.
Awful month, down 172K (36%). Hard to explain what happened. I guess live by the sword, die by the same.
The first wave of losses was 10/11th of Sep for a total loss of 111K as I grew overconfident following last month's result, and veered into forbidden areas and strategies with leverage. Just when I thought I got that behind me, came this Monday (28th) whose 94K is already posted - recklessly overexposed on an ugly market day. The final wave is today (lost 56K) as I grew desperate to rescue something from the month - ended up with bigger losses.
Need time to reflect - big changes definitely coming in my trading rules / system checks.
Code:
--------------------------------------------------------------------------------
Opening Balance: 474,445
Net loss for period (171,938)
------------------------------------------------
Net Balance: 302,507
For the Thread YTD 2015 (1/3/2015 - 10/2/2015)
Opening Balance: 256,099
Net gain 91,408 (Up 35%)
Cash Withdrawal (45,000)
------------------------------------------------
Net Balance 302,507
----------------------
TRADES
TYPE Exit Date/Time P/L
OPTION 2015-09-08-13-47-10 -1976.5
STOCK 2015-09-08-15-48-54 4825.5
STOCK 2015-09-10-11-15-54 -956.7
STOCK 2015-09-10-15-43-17 -31396.7
OPTION 2015-09-10-15-41-38 -29628.8
STOCK 2015-09-11-10-27-58 -9773.3
STOCK 2015-09-11-14-01-59 4848.8
STOCK 2015-09-11-13-05-25 -16368.1
STOCK 2015-09-11-15-01-50 -26005.4
STOCK 2015-09-11-15-58-55 -1910.2
STOCK 2015-09-14-10-43-14 1639.8
STOCK 2015-09-16-10-55-34 3041.2
STOCK 2015-09-16-10-52-55 2482.6
STOCK 2015-09-17-15-19-14 1985
OPTION 2015-09-18-11-50-30 -8845.2
OPTION 2015-09-18-09-42-08 -1950.9
STOCK 2015-09-18-12-22-51 2571.3
OPTION 2015-09-21-12-52-13 6297.9
OPTION 2015-09-21-12-52-37 16559.7
STOCK 2015-09-22-15-52-30 -1719.8
STOCK 2015-09-22-13-59-31 11768.9
STOCK 2015-09-22-15-51-06 -9869.3
STOCK 2015-09-22-15-55-15 -1563.2
STOCK 2015-09-22-15-55-16 -811.4
STOCK 2015-09-22-15-52-01 5278.5
STOCK 2015-09-23-12-16-34 -4907.8
STOCK 2015-09-23-15-42-01 -10630.7
STOCK 2015-09-23-15-42-29 -3966.9
STOCK 2015-09-23-15-42-55 -1309.2
STOCK 2015-09-23-15-48-44 -6638
OPTION 2015-09-23-12-10-00 49
OPTION 2015-09-24-14-48-38 21804.8
STOCK 2015-09-24-14-49-50 8077.6
OPTION 2015-09-24-14-40-18 18816
OPTION 2015-09-24-14-24-32 14711.8
OPTION 2015-09-25-13-49-17 22914.5
STOCK 2015-09-25-15-49-07 -715
STOCK 2015-09-25-15-55-13 -7851.7
STOCK 2015-09-25-15-19-08 3199.3
STOCK 2015-09-25-15-49-08 -774.8
STOCK 2015-09-25-15-58-13 -7463.1
STOCK 2015-09-28-15-44-54 1089.2
STOCK 2015-09-28-15-45-26 -4972.6
OPTION 2015-09-28-15-46-11 3389.8
STOCK 2015-09-28-15-44-42 -5778.5
STOCK 2015-09-28-15-01-04 -12541.4
STOCK 2015-09-28-15-45-09 -9811.3
OPTION 2015-09-28-15-48-01 -8923.6
OPTION 2015-09-28-15-46-39 -13534.7
OPTION 2015-09-28-15-46-58 -10178.7
OPTION 2015-09-28-15-31-05 -26214.6
OPTION 2015-09-28-15-48-55 -6605.1
OPTION 2015-09-29-12-17-32 2044.8
STOCK 2015-09-29-12-11-24 4635
OPTION 2015-09-29-14-58-51 1342
STOCK 2015-09-29-15-20-15 -785.4
OPTION 2015-09-29-14-51-41 5741.8
STOCK 2015-09-30-15-52-44 -14277.1
STOCK 2015-09-30-15-55-19 644
STOCK 2015-10-01-11-51-51 10674.5
STOCK 2015-10-01-15-20-37 4359.9
OPTION 2015-10-02-11-00-13 -25688.6
OPTION 2015-10-02-11-17-18 -18287.9
OPTION 2015-10-02-13-37-47 9902.9
OPTION 2015-10-02-15-26-48 -22007You definitely have some gamble in your trading. Ed Seykota says everyone gets what they want from trading. Seems like you want excitement more than maximizing account growth. And maximizing account growth happens by avoiding excess volatility in the account.
A $100,000 account that gains 30% in a month and loses 30% the next month eventually goes towards zero. 100,000 -> 130,000 -> 91,000 -> 118,000 -> 83,000 -> 108,000 -> 76,000 -> 99,000 -> 69,000 -> 90,000 -> 63,000 ..........
A $100,000 account that gains 30% in a month and loses 30% the next month eventually goes towards zero. 100,000 -> 130,000 -> 91,000 -> 118,000 -> 83,000 -> 108,000 -> 76,000 -> 99,000 -> 69,000 -> 90,000 -> 63,000 ..........
Reduce Size and Cut Losses Quick.. You can still make a lot of money trading small. The screenshot below if for 1 week and it is from Swatoptions.com
You can see from their style that they trade very small and so losses are small too and they are consistent..