What is your average drawdown for winners?

[indahook]

I have always been under the impression that a good trade will go your way pretty much immediately. But of course all of us trade differently. I am curious as to where you guys/gals stand on this subject.

My avg drawdown on winners is (.12%) and losers is (2.30%). Big difference..so I guess my next step is to figure out at what point I can cut losers shorter without affecting gains too much.

Oh, my avg holding period is 4.07 days winners 5.07 days losers.

This is all based on last 100 trades.

 

[ElectricSavant]

My vote could be deceptive as usually my hedge displays a loser and winner taken at the same time.

 

[indahook]

Quote from ElectricSavant:

My vote could be deceptive as usually my hedge displays a loser and winner taken at the same time.

Understood. I`m sure there are strategies traded here that this does not apply to at all. See - Riskarb`s rocket science exotics..

 

[QQQShort]

Are you asking about maximum peak-to-valley drawdown; or, average maximum drop below breakeven?

 

[indahook]

Quote from QQQShort:

Are you asking about maximum peak-to-valley drawdown; or, average maximum drop below breakeven?

Max drop from below breakeven.

 

[Bitstream]

your drawdown is on swing tradin', do u ever day trade? if so does it differ?

for what concerns me, on daytradin' i still [very rarely] take 2-3% losses and thats no good even tho the stuff i trade is usually volatile. lookin' back those losses are not justified one bit; i need to work on cuttin' 'em short and avoid watchin' pnl gettin' red by full percentages since i noticed that .3%, sometimes .6% would have done the job. winners i let 'em ride, but many times not enough, like gm on premkt today, got out with less than 1% only to watch it rocket non-stop, but on many trades i have been able to get out at the top lately....lots of work to do still tho, that's for zure.

 

[bigmrfrank]

Quote from indahook:

Oh, my avg holding period is 4.07 days winners 5.07 days losers.

A quick but intensly focused study of your results has uncover the following;

You hold your losers a day longer than your winners.

Stop falling in love with your positions and you'll be just fine.

 

[indahook]

Quote from bigmrfrank:

A quick but intensly focused study of your results has uncover the following;

You hold your losers a day longer than your winners.

Stop falling in love with your positions and you'll be just fine.

LOL..thanks for your analysis. I cut my losses quickly..it just seems to be that the losers take a little longer to play out. Odd that its exactly 1 day though.

 

[indahook]

Quote from Bitstream:

your drawdown is on swing tradin', do u ever day trade? if so does it differ?

.

Does not differ. The only time I daytrade is when I open a position and i`m stopped/target is met intraday.

 

[bigmrfrank]

Quote from indahook:

LOL..thanks for your analysis. I cut my losses quickly..it just seems to be that the losers take a little longer to play out. Odd that its exactly 1 day though.

I'm glad you get my sense of humor ... most here do not. Question ... do you scale into positions or take the whole size at once?