Cornix's TA Performance

Quote from Lucrum:

I've noticed more than a couple of successful people having that exact mentality. Take advantage of early AM volatility make your nut and take the rest of the day off, rather than over trade and or give it all back.
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Actually it perfectly fits Pareto's law. More is not always equal to the better. More effective is the better.

If I can trade 2-3 hours a day on large size without insane adrenaline of too high frequency and without draining feeling of long screen hours, while making the same or more money in absolute $ for myself, why bother with sitting all days knowing most of the time additional profit is not worth it? :)

It was one of the reasons I also switched from Euro. Much easier to predict the "main daily event" in SIFs.
 
Your trading seems to prefer down days. (no trades the last 2 which where strongly up).. Are there fewer signals when the trend is up? I'm assuming your trading more with the short term trends rather than counter trading?..seems to be more short trades than long...
 
Quote from RichardRimes:

Your trading seems to prefer down days. (no trades the last 2 which where strongly up).. Are there fewer signals when the trend is up? I'm assuming your trading more with the short term trends rather than counter trading?..seems to be more short trades than long...
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Just a short-term coincidence. In the past months (this method is traded publicly since about 2nd week of April on live accounts and live calls were made about two months before that as well) there were many long trades as well. Simply, short-term streaks in trading are much random, what matters is overall long-term result of large sample size.

So there's no "built-in" preference for short side, June just happened to have more active moves to the downside.
 
No trades today and time to make conclusions for the first month of live report on ET. :)

Didn't do a thorough check for the number of trades and other stuff yet (will provide that info later when receive detailed monthly statement), but quick glance on the balances shows net gain after commissions and fees of $102 per contract.

In other words, with conservative capital allocation of $2500 per contract it constitutes a gain of 4.08% in June. Total gain since the start of this method live trading in April is 11.68%.

That's it for now. Going to continue this report in July starting from the next Monday.

Everyone have a good weekend! :)
 
If I counted everything correctly, here is more detailed statistics for June:

17 trades: 10 losses (break-evens included in that due to commission), 7 winners. So we get roughly 41% win rate.

Average net P&L per trade/contract is $6.

Let me know if you're interested in any other statistical details.
 
Since you are keeping a public journal do you find yourself a little more conservative in your trading?

oh and a bit personal but I assume English is not your native language, do you use a translation computer program or is your English really this good:) Kudo's
 
Quote from RichardRimes:

Since you are keeping a public journal do you find yourself a little more conservative in your trading?

oh and a bit personal but I assume English is not your native language, do you use a translation computer program or is your English really this good:) Kudo's
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Yes, I would say much more conservative than used to be, cause I part intentionally and part subliminally wanted to show nice and smooth equity curve. Felt like back in trading school and now after almost three months feel like getting back to normal stress levels.

English is not my native language indeed, but no need in translation programs either, I practice a lot for many years already. Some days I probably speak or at least read and write more in English than in Russian (which is my native). :)
 
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