Hammering away, slow and methodical
- Thread starter Rol
- Start date
I am finding that I lose more on my losers, but I have more small winners. I am no expert on automation. I just use it to mimic how I trade discretionary. I guess even though I automate, I am a discretionary trader at heart. I currently have a 2000 sh ETF position on the Brazil index using EWZ, that I am break even on.
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Total Net Profit $2,791.53
(Per Share) $0.13
Gross Profit $5,445.94
Gross Loss ($2,654.41)
Profit Factor 2.05
Total Number of Trades 195
Percent Profitable 66.67%
Winning Trades 130
Losing Trades 65
Avg. Trade Net Profit $14.32
Avg. Winning Trade $41.89
Avg. Losing Trade ($40.84)
Ratio Avg. Win:Avg. Loss 1.03
Expectancy 0.35
Largest Winning Trade $377.22
Largest Losing Trade ($322.95)
Max. Consecutive Winning Trades 21
Max. Consecutive Losing Trades 11
Total Shares/Contracts Held 22160
Total Commission $455.53
Return on Initial Capital 2.79%
Annual Rate of Return 35.92%
Buy & Hold Return 0.52%
Trading Period 28 Dys
Max. Equity Run-up(Daily) $2,929.48
Date of Max. Equity Run-up 3/28/2013 15:00
Max. Drawdown(Daily)
Value ($698.05)
Date 3/25/2013 15:00
as % of Initial Capital 0.70%
Max. Trade Drawdown ($427.77)
[/b][/size][/color]I struggled most of the month to make consistent gains. 3 trades delivered larger than usual losses, thus impeding progress. Discretionary trading of EWZ (which was exited at the close Thursday) provided a large chunk of the gains to end the month.
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Total Net Profit $2,352.96
(Per Share) $0.08
Gross Profit $8,607.93
Gross Loss ($6,254.96)
Profit Factor 1.38
Total Number of Trades 294
Percent Profitable 64.29%
Winning Trades 189
Losing Trades 105
Avg. Trade Net Profit $8.00
Avg. Winning Trade $45.54
Avg. Losing Trade ($59.57)
Ratio Avg. Win:Avg. Loss 0.76
Expectancy 0.13
Largest Winning Trade $377.22
Largest Losing Trade ($322.95)
Max. Consecutive Winning Trades 21
Max. Consecutive Losing Trades 11
Total Shares/Contracts Held 31120
Total Commission $643.01
Return on Initial Capital 2.35%
Annual Rate of Return 23.60%
Buy & Hold Return -0.03%
Trading Period 1 Mth, 5 Dys
Max. Equity Run-up(Daily) $2,929.48
Date of Max. Equity Run-up 3/28/2013 15:00
Max. Drawdown(Daily)
Value ($2,969.18)
Date 4/4/2013 15:00
as % of Initial Capital 2.97%
Max. Trade Drawdown ($462.48)
[/b][/size][/color]Down $400 for the week, but had a max DD of 3K at one point. Closed AGQ at the close for a 1K gain, but was down over 2K at one point, so entry was suboptimal. If my entry wasn't so poor, I may have held on to it in case the reversal gains traction. I am seriously considering suspending stock trading, to focus more on ETFs with a combination of automation and discretionary trading. I usually consider fundamentals when sizing up, like today I avoided the South Korean ETF, because of the threat of war in the region. I am not getting the big stock gains to offset the losers like I used to, so maybe I need to avoid stocks altogether, and shoot for the occasional big ETF wins, since I seem to be having more success there. Long exposure is now 65%.