Marketgeometry

Sunday, November 30, 2014

I did not go away. Summary of the recent results.

Just a bad case of laziness (also busy at work, and a few vacations). I just posted my results for the last 3 months.  I still journal all my trades nearly on a daily basis.  I highly recommend it to everyone who trades. I still rate my trades for entry, exit and anything I during the trade.  I color code the results and the ratings so anyone looking at the spread sheet can see if I am doing good or bad at a simple look.
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I had a bit of a mental melt down during the last week of September and the first two weeks of October. I had a small gain going into that period and decided to go big and it really messed me up.
By the time mid October was here, I had dig myself a big hole both in money and mental stress.
At that point, I went thru the "why am I doing this" once again phase that I have gone thru so many times.  And once again I slapped myself and got my shit together and nearly turned it into a winning month.
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Since that time, I have been doing well. Novembers big numbers are a combination of short term trades and a longer term swing I sold for a nice profit.
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It is frustrating to sit knowing I have a setup method that is good enough to produce 80% winners using a one point ES target and a two point stop loss. So that even if I did not try to manage the trade, I should make money - (8 * 50 = 400 minus 2 * 100 = 200 total plus 200 take out 45 for commissions and the net is 145).
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Once in a while you cut your lossers before the two point stop, and you add contracts allowing some once in a while to run more than the one point goal and you are even making more money.
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The bottom line is, the system does not need to be changed, there is enough money in the account to do the trading,  so the only thing left is to fix the mind.
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I wonder how many traders know that they have a winning system but not a winning mind.

November 2014 Results

Trades:14
Winners: 9
 Losers: 4
Break evens:1
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Total Gains: $2,013.50
Total Losses: $-162.50
Avg Gain: $223.72
Avg Loss: $-40.63
Biggest Gain: $1,274.00
Biggest Loss: $100.00
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Trade Net: $1,851.00
Commissions: -$108.87
Short term Trading Net: $322.44
Month Net: $1,742.13

October 2014 Results

Trades:27
Winners: 13
Losers: 11
Break evens:3
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Total Gains: $1,201.50
Total Losses: $-1,261.25
Avg Gain: $92.42
Avg Loss: $-114.66
Biggest Gain: $160.00
Biggest Loss: $683.75
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Trade Net: -$117.75
Commissions: -$152.54
Short term Trading Net: -$270.29
Month Net: $-270.29

September 2014 Results

Trades:31
Winners: 12
 Losers: 12
Break evens:7
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Total Gains: $1,196.00
Total Losses: $-937.50
Avg Gain: $99.67
Avg Loss: $-78.13
Biggest Gain: $440.00
Biggest Loss: $150.00
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Trade Net: $258.50
Commissions: $182.82
Short term Trading Net: $75.68
Month Net: $75.68