Double or Triple in a Year?

Dynamic Greeks · Mar 31, 2013

Here is the update of this journal for Mar.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Thursday, Mar 28, 2013:
$13,032

Return since the beginning of this journal:
33.00 %

Return in the month:
-5.41%

Return in the week:
NA

Simple average daily return:
0.1710%

Expect account to double on:
Apr 24, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.33%

Initial Margin at most recent close:
$12,550

VAR at most recent close (99.5% confidence):
$3,994

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

magicz · Apr 2, 2013

excellent return. Since its a small account what is a typical percent of the balance you commit to a single trade?

Dynamic Greeks · Apr 7, 2013

Here is the update of this journal for the 1st week of Apr.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, Apr 5, 2013:
$13,676

Return since the beginning of this journal:
39.57 %

Return in the month:
NA

Return in the week:
4.94

Simple average daily return:
0.1968%

Expect account to double on:
Feb 6, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.33%

Initial Margin at most recent close:
$15,999

VAR at most recent close (99.5% confidence):
$3,645

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

Dynamic Greeks · Apr 14, 2013

Here is the update of this journal for the 2nd week of Apr.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, Apr 12, 2013:
$12,932

Return since the beginning of this journal:
31.97%

Return in the month:
NA

Return in the week:
-5.44%

Simple average daily return:
0.1537%

Expect account to double on:
Jun 29, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.37%

Initial Margin at most recent close:
$9,268

VAR at most recent close (99.5% confidence):
$4,616

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

Dynamic Greeks · Apr 21, 2013

Here is the update of this journal for the3rd week of Apr.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, Apr 12, 2013:
$13,639

Return since the beginning of this journal:
39.19%

Return in the month:
NA

Return in the week:
5.47%

Simple average daily return:
0.1823%

Expect account to double on:
Mar 19, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.37%

Initial Margin at most recent close:
$13,186

VAR at most recent close (99.5% confidence):
$1,290

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

cdcaveman · Apr 21, 2013

can you make the picutres smaller.. it makes the thread very unreadable..

QuantWizard · Apr 25, 2013

Interesting development. What's your strategy based on?

Dynamic Greeks · Apr 28, 2013

Here is the update of this journal for the 4th week of Apr.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, Apr 12, 2013:
$13,512

Return since the beginning of this journal:
37.89%

Return in the month:
NA

Return in the week:
-0.93%

Simple average daily return:
0.1707%

Expect account to double on:
Apr 25, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.37%

Initial Margin at most recent close:
$15,068

VAR at most recent close (99.5% confidence):
$824

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

Dynamic Greeks · May 5, 2013

Here is the update of this journal for the Apr and 1st week of May.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, May 3, 2013:
$13,182

Return since the beginning of this journal:
34.57%

Return in the month:
0.79%

Return in the week:
-2.41%

Simple average daily return:
0.1509%

Expect account to double on:
Jul 10, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.37%

Initial Margin at most recent close:
$9,470

VAR at most recent close (99.5% confidence):
$98

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

Dynamic Greeks · May 12, 2013

Here is the update of this journal for the 2nd week of May.

Performance:

Account Value at the beginning (Sep. 16, 2012) of this journal:
$9,799

Account Value as of Friday, May 10, 2013:
$13,031

Return since the beginning of this journal:
32.98%

Return in the month:
NA

Return in the week:
-1.18%

Simple average daily return:
0.1398%

Expect account to double on:
Sep 2, 2014

Equity curve (initial value set at zero):
See attached chart

Parameters compliance since the beginning of this journal:

Risk experienced:
Medium

Max drawdown experienced (based on daily close):
15.37%

Initial Margin at most recent close:
$8,875

VAR at most recent close (99.5% confidence):
$24

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;

PS: I did very little for this account in last few weeks due to the fact that the market was moving one side only lately. However, the strategy applied to this account is delta neutral, which profits from the periodical up and down market. In order to avoid huge volatility spike (market sudden crash or big sell off), Iâll stay sideline, and may take small bearish directional bet in next few weeks.