Weekly results of a wanna B algo trader
- Thread starter Engine99
- Start date
Another bad trading week (down 1k1). Had a decent week @ work (Texas) and will be home next week which is good. Other than that I'm looking forward to a relaxing fall weekend @ home cause
MY TRADING SIMPLY SUCKED.
Not a lot to comment here other than my systems are for sure not in sync with the market right now. So this week the S&P 500 performance even passed me. Not going into too much detail since I don't want to sound like Kenny in the video, it's best to leave it all behind. I've met with âthe krullsterâ several times when I was in New York before. Obviously I love his videos. This video (Even though the video isn't from today) captures today's mood.
http://www.hitthebid.com/video/4253510:Video:5857
Looking forward to next week and some better trading results. For all the folks following this journal, have a good weekend and I hope you guys did better than I did the last couple weeks.
Here are the results in detail
S1: -351
S2: 2936
S10: 5856
S12: -18
S70: -194
S11: -93
Weekly Performance:
-1124
S&P 500 Weekly Performance:
3453
Overall Performance since launch:
8518
S&P 500 Performance since launch:
9508
Risk Free Checking Account Performance since launch:
460
MY TRADING SIMPLY SUCKED.
Not a lot to comment here other than my systems are for sure not in sync with the market right now. So this week the S&P 500 performance even passed me. Not going into too much detail since I don't want to sound like Kenny in the video, it's best to leave it all behind. I've met with âthe krullsterâ several times when I was in New York before. Obviously I love his videos. This video (Even though the video isn't from today) captures today's mood.
http://www.hitthebid.com/video/4253510:Video:5857
Looking forward to next week and some better trading results. For all the folks following this journal, have a good weekend and I hope you guys did better than I did the last couple weeks.
Here are the results in detail
S1: -351
S2: 2936
S10: 5856
S12: -18
S70: -194
S11: -93
Weekly Performance:
-1124
S&P 500 Weekly Performance:
3453
Overall Performance since launch:
8518
S&P 500 Performance since launch:
9508
Risk Free Checking Account Performance since launch:
460
The market is going up, your performance is going down. That indicates possibly a short bias for your trading strategies/approach.
This isn't rocket science you know, especially with the timeframes you are dealing with.
This "quant" stuff only gets hairy when dealing with "gaming" the market for trades lasting a few seconds.
This isn't rocket science you know, especially with the timeframes you are dealing with.
This "quant" stuff only gets hairy when dealing with "gaming" the market for trades lasting a few seconds.
In order to get more consistency @ the poker tables (I know this has nothing to do with trading ;-) I've created a thread on a poker forum.
Results of a Wanna B heads up player.
http://www.pokerjunkie.com/viewtopic.php?f=18&t=15263
Keeping my focus in trading always seemed a little easier than in poker for me, mainly because if I go on tilt in trading I can do some serious damage to my finances. In poker my $$$ have always been "play money" as soon as they hit the poker account. I hope that the poker journal will help me getting better and more consistent results.
Results of a Wanna B heads up player.
http://www.pokerjunkie.com/viewtopic.php?f=18&t=15263
Keeping my focus in trading always seemed a little easier than in poker for me, mainly because if I go on tilt in trading I can do some serious damage to my finances. In poker my $$$ have always been "play money" as soon as they hit the poker account. I hope that the poker journal will help me getting better and more consistent results.
Decent trading week (up 3k1). Barely watched my systems as I was about to throw up every time I saw the S&P 500 up. I'm still quite short, so me being short and the S&P long make for a dangerous next week. Other than that I liked the week working from home, I'll be hitting the road next week again (going to Texas). No super performance on any of my systems. The one item I'm the most proud of is that S11 finally turned a profit and I think I've a handle on that strategy now.
Had the hardest time yesterday to get a fill though, the weekly options are definitely less liquid than the monthly ones. Gambled a two tick trade on S1, S2 opened another position last week that seems to add a little to the bottom line. S10 did ok since the market went down slightly. S12 went short SPLS, so we'll see how that pans out. S70 opened also one trade which is a programming bug because that strategy shouldn't open trades that close to expiration. I'll have to check into that.
For all the folks following, enjoy your weekend. I finished September in green and had an up week, so I'll start celebrating early today
Here are the results in detail
S1: -114
S2: 3511
S10: 8298
S12: -68
S70: -197
S11: -23
Weekly Performance:
3188
S&P 500 Weekly Performance:
-311
Overall Performance since launch:
11706
S&P 500 Performance since launch:
9082
Risk Free Checking Account Performance since launch:
492
Had the hardest time yesterday to get a fill though, the weekly options are definitely less liquid than the monthly ones. Gambled a two tick trade on S1, S2 opened another position last week that seems to add a little to the bottom line. S10 did ok since the market went down slightly. S12 went short SPLS, so we'll see how that pans out. S70 opened also one trade which is a programming bug because that strategy shouldn't open trades that close to expiration. I'll have to check into that.
For all the folks following, enjoy your weekend. I finished September in green and had an up week, so I'll start celebrating early today
Here are the results in detail
S1: -114
S2: 3511
S10: 8298
S12: -68
S70: -197
S11: -23
Weekly Performance:
3188
S&P 500 Weekly Performance:
-311
Overall Performance since launch:
11706
S&P 500 Performance since launch:
9082
Risk Free Checking Account Performance since launch:
492
Thx sys, I was happy with the week as well .
As far as travel goes, I've been doing this for slightly over 10 years now, and it sounds more fun than it actually is. I flew over 160k miles last year (with all the double miles and perks I booked over 400k miles). This year will be around 130k. It's nice to go new places but when you're going anywhere five weeks in a row it gets old and you'd rather be with the family.
Anyway, I hope for a slightly down/sideways week, so I can hold on to my gains.
.As far as travel goes, I've been doing this for slightly over 10 years now, and it sounds more fun than it actually is. I flew over 160k miles last year (with all the double miles and perks I booked over 400k miles). This year will be around 130k. It's nice to go new places but when you're going anywhere five weeks in a row it gets old and you'd rather be with the family.
Anyway, I hope for a slightly down/sideways week, so I can hold on to my gains.
attached is an updated correlation performance picture of my trading account and the S&P 500 performance. This reflects 83 trading data points (83 trading days) since I started the journal.
My performance is in blue, red is the S&P 500 performance and yellow is the risk free checking account.
It's hard to beat the S&P. I've too much capital sitting idle most of the time, so I'm thinking about increasing my position size once this market starts to move a little more and/or earnings season is kicking in.
My performance is in blue, red is the S&P 500 performance and yellow is the risk free checking account.
It's hard to beat the S&P. I've too much capital sitting idle most of the time, so I'm thinking about increasing my position size once this market starts to move a little more and/or earnings season is kicking in.
So yesterday I felt super smart and my trading account slowly climbed to a new high while the S&P sucked. Today it <>#@M$$ crashed and had the worst performance since the flash crash, down over 3k4.
Just when you think you've it somewhat figured out and some smooth sailing in front of you the market fucks you over
Just when you think you've it somewhat figured out and some smooth sailing in front of you the market fucks you over