Double or Triple in a Year?

Here is the update of this journal for the 3rd week of May.

journal3rdweekmay.jpg



Performance:

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

Account Value as of Friday, May 17, 2013:
$13,120

Return since the beginning of this journal:
33.9%

Return in the month:
NA

Return in the week:
0.69%

Simple average daily return:
0.1395%

Expect account to double on:
Sep 3, 2014


Equity curve (initial value set at zero):
See attached chart
chart3rdweekmay.jpg



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:
$11,082

VAR at most recent close (99.5% confidence):
$1,203

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
 
Here is the update of this journal for the 4th week of May.

journal4thweekmay.jpg



Performance:

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

Account Value as of Friday, May 17, 2013:
$13,088

Return since the beginning of this journal:
33.57%

Return in the month:
NA

Return in the week:
-0.25%

Simple average daily return:
0.1343%

Expect account to double on:
Oct 1, 2014


Equity curve (initial value set at zero):
See attached chart
chart4thweekmay.jpg



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:
$8,749

VAR at most recent close (99.5% confidence):
$1,341

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
 
Here is the update of this journal for the 5th week and the period of May.

journal5thweekmay1.jpg


journalmay1.jpg


Performance:

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

Account Value as of Friday, May 17, 2013:
$12,879

Return since the beginning of this journal:
31.44%

Return in the month:
-1.95%

Return in the week:
-1.6%

Simple average daily return:
0.1223%

Expect account to double on:
Dec 12, 2014


Equity curve (initial value set at zero):
See attached chart
chart5thweekmay.jpg



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:
$13,164

VAR at most recent close (99.5% confidence):
$1,305

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
 
Here is the update of this journal for the 1st week of Jun.

journal1stweekjun.jpg



Performance:

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

Account Value as of Friday, May 17, 2013:
$13,452

Return since the beginning of this journal:
37.29%

Return in the month:
NA

Return in the week:
4.45%

Simple average daily return:
0.1412%

Expect account to double on:
Aug 23, 2014


Equity curve (initial value set at zero):
See attached chart
chart1stweekjun.jpg



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:
$10,332

VAR at most recent close (99.5% confidence):
$1,386

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
 
Here is the update of this journal for the 2nd week of Jun.

journal2ndweekjun.jpg



Performance:

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

Account Value as of Friday, Jun 14, 2013:
$12,983

Return since the beginning of this journal:
32.50%

Return in the month:
NA

Return in the week:
-3.48%

Simple average daily return:
0.1199%

Expect account to double on:
Dec 29, 2014


Equity curve (initial value set at zero):
See attached chart
chart2ndweekjun.jpg



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:
$15,903

VAR at most recent close (99.5% confidence):
$2,035

Greeks: were all within predefined range.
Delta, ****; Gamma, ****; Vega, ****; Theta, ****;
 
Here is the update of this journal for the 3rd week of Jun.

journal3rdweekjun.jpg



Performance:

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

Account Value as of Friday, Jun 21, 2013:
$12,777

Return since the beginning of this journal:
30.39%

Return in the month:
NA

Return in the week:
-1.59%

Simple average daily return:
0.1093%

Expect account to double on:
Beyond 2014


Equity curve (initial value set at zero):
See attached chart
chart3rdweekjun.jpg



Parameters compliance since the beginning of this journal:


Risk experienced:
Medium

Max drawdown experienced (based on daily close):
17.76%

Initial Margin at most recent close:
$13,269

VAR at most recent close (99.5% confidence):
$4,676
 
Here is the update of this journal for the 5th week and end of Jun.

journal5thweekjun.jpg



journaljun.jpg



Performance:

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

Account Value as of Friday, Jun 28, 2013:
$13,549

Return since the beginning of this journal:
38.27%

Return in the month:
5.20%

Return in the week:
6.04%

Simple average daily return:
0.1343%

Expect account to double on:
Oct 1, 2014


Equity curve (initial value set at zero):
See attached chart
chart5thweekjun.jpg



Parameters compliance since the beginning of this journal:


Risk experienced:
Medium

Max drawdown experienced (based on daily close):
17.76%

Initial Margin at most recent close:
$8,663

VAR at most recent close (99.5% confidence):
$318

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

PS: Instead of weekly update this journal, I’ll update this journal monthly from now on unless there is 10% or more change in the account during the month.
 
I haven’t updated this journal for a while since the end of Jun because there were not many transactions up till now (less than $1,800 on both buy and sell). There are several reasons for that. I’ve mentioned some of the reasons before such as that the account is too small to be efficient for trading (too volatile even adding one pair delta hedged contract a time). Also I don’t have much time to take care all accounts at same time when market is in a fast paced move. Some other issues are market behaved abnormally due to QE induced one direction move. Also I feel that the journal will be too long if updated as before.

I’m planning to start a new thread use a bit big account with same title and will try to reduce some of those unnecessary, repeated, redundant words and use IB portfolio analysis generated report. It will be much fast and easy for me to update. Meantime, I’ve reconfigured parameters to accommodate the change of market condition so that the account volatile can be reduced significantly.

I’ll use Jul 18 as a connection date for old and new thread since there is a deposits/withdraws record on Jul 17 for the account of new thread. Hopefully, there will be no deposit/withdraw on this account in next 6 to 12 months.


Here is the update of this journal since Jul 1 till now.
journaltillnow.jpg




Performance:

Account Value at the beginning (Sep. 26, 2012) of this journal:
$9,500 (roughly)

Account Value as of Aug 23, 2013:
$13,027

Return since the beginning of this journal (money weighted return):
37.42%

Return in the month:
NA

Simple average daily return:
0.16%

Expect account to double on:
Beyond, 2014


Equity curve:
See attached chart
charttillnow.jpg



Parameters compliance since the beginning of this journal:


Risk experienced:
Medium

Max drawdown experienced (based on daily close):
17.76%

Initial Margin at most recent close:
$3,524

VAR at most recent close (99.5% confidence):
$658

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


This thread will not be updated further and thank you all for the reading. Wish the moderator of this forum can keep/save this thread for future reference even this thread will not be active anymore.
 
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