2014: The Battle for Survival

Period Update 07/01/2017 - 09/30/2017
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Continued recovery. 3/3 positive months for the quarter. It feels good to have this positive streak, each month confirming that it was a good decision to scale back, adjust expectations, confine trading to rules, and keep sticking to them. I keep developing/testing new trade ideas, and refining existing ones. The common theme is there are rules around any strategy, and those are being enforced by my system. With continued good performance it becomes so much easier to want to stick to rules. At the appropriate time, size will be increased in accordance with a predefined formula.

With the exception of the first month (which I consider an extension of the bad habits of last year), it has been a good streak, and I would like to keep it so.

Code: 
For 2017

Starting Balance: 123,137
Start Date  End Date     P/L     Withdrawal  Closing Balance
2017-01-01  2017-02-04  -20950  -6500         95,687
2017-02-04  2017-03-04   12058  -3000        104,745
2017-03-04  2017-04-01   7159    0           111,904 
2017-04-01  2017-05-06   14812  -2500        124,216
2017-05-06  2017-06-03  -1994    0           122,222
2017-06-03  2017-07-01  -823    -2500        118,899
2017-07-01  2017-08-05   5391    0           124,290
2017-08-05  2017-09-02   19134  -7000        136,424
2017-09-02  2017-09-30   21107   0           157,531

Next update will be in 3 months.
 
Period Update 09/30/2017 - 12/30/2017
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Good three months (+22.4K). One huge positive month of Nov, and smaller losses in Oct and Dec.

For the year the P/L is 78,386 (up 64%). It has certainly been a stabilizing year for me as I continue perfecting the man-machine partnership with rigid rules. In the coming year, I will size up gradually according to a set of acceleration rules. Hopefully it translates to more returns without scary draw-downs.

Code: 
For 2017

Starting Balance: 123,137
Start Date  End Date     P/L     Withrawal  Closing Balance
2017-01-01  2017-02-04  -20950  -6500       95,687
2017-02-04  2017-03-04   12058  -3000       104,745
2017-03-04  2017-04-01   7159    0          111,904  
2017-04-01  2017-05-06   14812  -2500       124,216
2017-05-06  2017-06-03  -1994    0          122,222
2017-06-03  2017-07-01  -823    -2500       118,899
2017-07-01  2017-08-05   5391    0          124,290
2017-08-05  2017-09-02   19134  -7000       136,424
2017-09-02  2017-09-30   21107   0          157,531
2017-09-30  2017-11-05  -4034   -3000       150,497
2017-11-05  2017-12-03   32348   0          182,845
2017-12-03  2017-12-31  -5822   -5000       172,023

Next update will be in 3 months.
 
Thanks for your honesty. Keep the money in your pocket for the new year Neke. Stick to your rules or do what you gotta do. You could become a millionaire and retire!
 
lojze said:
Neke, how much time do you need for trading each day?
More...
How much time I need ? Probably 2 hours outside regular trading hours (4pm - 930am). Those two hours for review of the day/research/preparation and writing down my plan for the coming trading day. Once the trading day starts my automation takes over implementing my plan, and I am not supposed to interfere.

How much time do I actually take? Well a whole lot more. Once the trading day starts, I am mostly watching - but I spend much time doing it. Right now, my system does not allow me to enter positions manually once the trading day starts, but I can close positions manually. There is no proof my discretionary exits improves performance, but I still do it. Otherwise the rest is just watching - I probably gain insight that improves my trading by watching.
 
southall said:
neke, do you have any plans to switch back to monthly updates at some point?
More...
The initial plan was to suspend monthly update until my account balance (after withdrawals) comes above 200K (the poverty line). That is still the plan, unless I feel it is too much to go back to monthly updates.
 
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