ElecEquity's Active Trading Journal

Quote from ElecEquity:

Thanks. I''m glad you like it.

My firm's software is built in-house. It's gotten a lot better, but it still has much to improve upon. As far as trades/day, it depends on the day. I don't have access to today's results anymore but on Friday..#1 traded 98,400 shares and #2 traded 105,000 shares...today was pretty slow so I would guess that it traded quite a bit less.
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Thanks for the stats!

A few posts back you mentioned that the automated strategies were trading 100 share lots, is that still the case?
 
Quote from SnakeEYE:

EE, what is your average holding period?
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It varies according to the type of trade. Generally very short for losers. Shorter for mean reverting types of trades. The longest holding periods are for trend trades that can last a large portion of the day or up to around 3 or 4 days.
 
Quote from 1daytrader:

Thanks for the stats!

A few posts back you mentioned that the automated strategies were trading 100 share lots, is that still the case?
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Idk where I said that, but I may have been referring to a strategy that I am presently testing that isn't live. As for the live robots, one trades 100 share lots but it sometimes gets into up 200 shares/trade depending on whether certain conditions are met and the other takes a bit more risk and generally starts w/ 200 shares/trade and raises size accordingly. The size is small, but they trade a lot. I've raised the size up quite a bit before and inevitably when I raise the size, I get destroyed...some of it is slippage but most of it is just bad luck.
 
Quote from ElecEquity:

Idk where I said that, but I may have been referring to a strategy that I am presently testing that isn't live. As for the live robots, one trades 100 share lots but it sometimes gets into up 200 shares/trade depending on whether certain conditions are met and the other takes a bit more risk and generally starts w/ 200 shares/trade and raises size accordingly. The size is small, but they trade a lot. I've raised the size up quite a bit before and inevitably when I raise the size, I get destroyed...some of it is slippage but most of it is just bad luck.
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I must've been thinking about the sim strategy.

When you list your biggest winners and losers of the day, are those from your discretionary trading only? or it's from both. Do you trade the same stocks as the bots?

thanks for sharing btw,
 
Quote from 1daytrader:

I must've been thinking about the sim strategy.

When you list your biggest winners and losers of the day, are those from your discretionary trading only? or it's from both. Do you trade the same stocks as the bots?

thanks for sharing btw,
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I only list discretionary trades. I definitely trade some of the same stocks as the bots do everyday, but certainly not all of those stocks b/c I can't...or I've never tried to manage as many positions as they can at one time. On really volatile days, they can be in greater than 90 positions at once and that's incredibly difficult to manage for me. The most positions I've ever held at one time is probably about 25 or so.
 
Today's total results: -$1113.83
Discretionary: +$201.79

Big opportunities today..didn't really capitalize. Traded from home and was distracted working on a non-trading related project. Should've just held my TZOO short for the day and left...would've been a nice day.

Biggest Winners:
TZOO +337.24
MCP +321.48
LULU +209.12
TLT +351

Biggest Losers
MCP -259.53
AMSC -419.40 (sooo many opps in this thing today)
MSM -125.20

Thoughts:
None really. Worked on fleshing out a non-trading related idea that I have in my head while its fresh. As much as I enjoy trading, I've always wanted to start a business and working with my partners has been distracting me for quite awhile. We have a few ideas and we'll see what happens.

As far as trading goes, I'm taking good trades and not overtrading. I'm recognizing opportunities well again finally and not overtrading and forcing trades where there aren't any real opportunities for my approaches. Tomorrow, I'm going to turn my size back up a little bit and see what happens. Good trading to all. Thanks.
 
Today's total results: -$1414.02
Discretionary: -$917.14

Really slow day. I had some good longs that reversed into losers as the day went on. Most of my losing day comes from fading SPY. I'm not good at it and I'm officially leaving SPY alone from a fading/trading standpoint. I'm sure I'm net negative SPY for my career. In fact, I don't know anyone that makes a living trading SPY. That's just me though.

Have a good weekend. I'm going to finish watching my Yankees try to retake the lead from the Red Sox. Thanks.

Oh yea..holding a little FTK long over the weekend.
 
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