Trader P/L 2013
- Thread starter sellindexvol66
- Start date
had by any standard a good july...but i had a margin increase that made me shift some strats and caused a lot of stress.
i typically earn far more when there is more vol. my hope is when the fed backs off implicit market participation that a normal vol will reappear.
i typically earn far more when there is more vol. my hope is when the fed backs off implicit market participation that a normal vol will reappear.
-66 gross
This is an absolutely terrible start to the month for me. It's one of those days I wish I didn't place a single trade. There was a big gap up and the market is in the same place it was three hours ago. I just got ripped up. Again, it was very frustrating because I thought I was going to have a great day. I was up an okay amount in the early morning. Just a little bit more of a push by my positions and it would have been a good day, but as has been happening, things just turned south.
July Review:
July sucked, but did give me a little bit of relief after a terrible June. July was a month of small losses and small wins. I could never really get that big winner. All month was spent with intraday P/L near break even as well as monthly P/L near break even. Again, my biggest problem was overtrading. I would just continue to push trades in order to try to make money only to take unecessary losses. When I did get into winners, I would add to them only to see them come back on me and have a small to medium win turn into a full size loser. I saw very few of my trades trend and continue for good rides. Possibly, I've been expecting too much and/or been too greedy. Maybe my month would have been very different if I had taken numerous $20-30 winners instead of waiting for that $150 winner that never happened. Many of those little winners turned into losers.
My system of trading is in a bit of a state of confusion, but one thing I do know is that I need to take less trades.
July 2013:
P/L: +27.59 Net
Win%: 43.66
AvgW/AvgL: 1.35
My win percentage was acceptable. I would be just fine with a win percentage above 40%. Of course, that means that I need an average win to loss ratio that is much greater. I would really like it to be around 2.00 or higher.
This is an absolutely terrible start to the month for me. It's one of those days I wish I didn't place a single trade. There was a big gap up and the market is in the same place it was three hours ago. I just got ripped up. Again, it was very frustrating because I thought I was going to have a great day. I was up an okay amount in the early morning. Just a little bit more of a push by my positions and it would have been a good day, but as has been happening, things just turned south.
July Review:
July sucked, but did give me a little bit of relief after a terrible June. July was a month of small losses and small wins. I could never really get that big winner. All month was spent with intraday P/L near break even as well as monthly P/L near break even. Again, my biggest problem was overtrading. I would just continue to push trades in order to try to make money only to take unecessary losses. When I did get into winners, I would add to them only to see them come back on me and have a small to medium win turn into a full size loser. I saw very few of my trades trend and continue for good rides. Possibly, I've been expecting too much and/or been too greedy. Maybe my month would have been very different if I had taken numerous $20-30 winners instead of waiting for that $150 winner that never happened. Many of those little winners turned into losers.
My system of trading is in a bit of a state of confusion, but one thing I do know is that I need to take less trades.
July 2013:
P/L: +27.59 Net
Win%: 43.66
AvgW/AvgL: 1.35
My win percentage was acceptable. I would be just fine with a win percentage above 40%. Of course, that means that I need an average win to loss ratio that is much greater. I would really like it to be around 2.00 or higher.