Trader P/L 2005

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Hi,
Here is my trading summary for the month.
It is interesting to see what is happening to a struggling day trader here: the problems, the huge efforts, and tiny gains, and long-term goals...

Have a nice weekend.

aqtrader


The whole trading records attached.

Summary of Sept
---------------

A winning month. However it is very disappointing as compared to back-testing results for the past month.
See the whole trades for the month.

P/L: $768.29
Commissions: $276.70
Net P/L: $491.59 long: $301.01 short: $190.78

Details
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Number of trades: 157 long: 138 short: 18
winning trades: 113 long: 100 short: 13
losing trades: 44 long: 38 short: 6
winning ratio: 72.% long: 72.% short: 72.%
P/L per trade: $4.89
Net P/L per trade: $3.13 long: $2.18 short: $10.60
Best Trade: $70.26 (long EQIX on 20050928)
Worst Trade: -172.09 (long HZO on 20050920)
Number of shares: 12920

Performance (points per trade): 0.1042 long: 0.0727 short: 0.3533

BackTest Performance for Sept
-----------------------------

Nasdaq stocks: long 0.85 short: 1.35 (points per trade)
NYSE stocks: long 0.45 short: 1.18 (points per trade)

Problem
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1. Playing average down (losing $600.00 on Sept 20) and hit hard; A problem happens a few times a year.
2. Prematurely exit (missing many huge gains); tend to take small gains but hold losses;
My strategies simply tells to exit around 10 mins before the market close no matter how much win or lose;
More worse, always hit by big losses. I need to work hard to find a solution (to control my emotion).

Plan for October
----------------

Still play small.
Stick to all my rules and only trade in my strategies.
Hope to get close to the backtesting performance.


Short term goal: get strictly disciplined.
Long term goal: 2k per day:) :) :)
 

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Quote from Szeven:


EDIT: ROFL boxster332 showing that tiny part of your blotter that shows your PnL proves nothing over someone who posts jsut the number. [/B]
More...

Thats what I mean about min standard, at least its something and I think it does prove a tiny bit more than just stating a number.
 

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Quote from Szeven:

Heres my picture of my blotter so that im up to standard. Took it kinda easy cause my month was so good already and i just wanted to finish about 10k. Finished at 10435, making this 4 times better than last month

Millenium: Less talk, more finding me a better deal!
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Szeven -

wtg on the day, 10k month, and progress. man, your consistent IMPROVEMENT has been fantastic. i remember when you started posting ... little days, nothing major, not drawing much attention. but, little by little, you built it up. look at ya now man!!! :D

i know i don't post results here, but i love keeping track of the persistent success. i hope everyone has a great weekend and congrats on a fantastic month.

take care :)

omni
 
Yeah, i agree. You are doing very very well. Keep up the good work man.

Quote from Szeven:

Heres my picture of my blotter so that im up to standard. Took it kinda easy cause my month was so good already and i just wanted to finish about 10k. Finished at 10435, making this 4 times better than last month

Millenium: Less talk, more finding me a better deal!
More...
 
Hi everyone.

What a great thread! I am going to start posting on here as well.

These days I trade mostly futures (mostly
S&P500 and DAX).



Today:
S&P500 P&L: +8062.50
DAX P&L: +4945.30
TOTAL P&L:+13,007.80
 

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well here it is guys....the first loss in over 4 months. DPH WTF was that truck that smacked me, which way did he come from. Went from up 4k to down 4k in a matter of minutes. I tried to hold the fort at 3.05 with a 75k bid and got run over, let it go as fast as I could glad I did though. Tried working my way out of it today but LU just would no cooperate and I sure as hell was not going back to DPH. Just goes to show that I do take losses, once and awhile.

Here is a lesson for you newbies, when you are up your daily goal, shut it down and wait for another day. I should of never of tangled in DPH with that size on that momentum, it was nuts, but good lesson reinforced today.
 

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Come back when you actually *realize* any profits! Anybody can post BS like that simply by having 2 accounts with opposing positions. Only the profitable acct gets posted, dumb newbies are fooled and bullshitters get a good laugh. If you want to make a more sincere effort, at least post the individual trade blotter and/or the acct balance otherwise no need to post more ''caca''.

Quote from kakahuatas:

Hi everyone.

What a great thread! I am going to start posting on here as well.

These days I trade mostly futures (mostly
S&P500 and DAX).



Today:
S&P500 P&L: +8062.50
DAX P&L: +4945.30
TOTAL P&L:+13,007.80
More...
 
I was wondering how long it would take for someone to respond with a negative post.
First of all, all profits are realized in this case. Sometimes I do hold positions overnight, and when I do, the P&L I post will be marked-to-market.
I've seen the hostility some people have directed towards mksummny, (whose results I believe are legit since
I have seen others with similar profitability and consistency). I know that there are some people out there who will never be satisfied, but I am willing to provide any reasonable further evidence of the P&Ls that I post.
Risktaker, if you want an individual trade blotter, I can give it to you. I do not see others giving their individual trade blotters, but I don't mind doing it
a few times. As for the account balance, I don't see anyone else giving that information, and I am not comfortable giving that either. Plus, I am sure if I did, you would simply say
that I doctored the number.
I should also mention that I am nowhere near as consistently profitable as mksummny, MR.NBBO, or others. Although I am having a very good month, I do occasionally have the large down day. I try to be profitable every month, and I am usually successful at this.
So far, most of the posters that post are stock traders that are very consistent. Most futures traders/scalpers are not as consistent, but the strategies tend to be more scalable.
One of the reasons I have decided to post my daily P&L is because
I think it will help me to limit the damage on losing days because of the embarrassment I will feel posting it to this board. We'll see. :)



Quote from risktaker:

Come back when you actually *realize* any profits! Anybody can post BS like that simply by having 2 accounts with opposing positions. Only the profitable acct gets posted, dumb newbies are fooled and bullshitters get a good laugh. If you want to make a more sincere effort, at least post the individual trade blotter and/or the acct balance otherwise no need to post more ''caca''.
More...
 
risktaker,

It is too late for me to cut and past from
IB's TWS, since it won't let me log on.
As soon as friday's statement is emailed to me (sunday, I believe), I will cut and paste
the individual trades for friday here on ET.
 
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