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August End of Month Trade Results
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=69&t=315
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Author:  wrbtrader [ Tue Sep 01, 2009 7:35 am ]
Post subject:  August End of Month Trade Results

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S&P 500 Emini ES Futures

* Total Cumulative Points and Dollars

+340.75 points or $17,037.50 dollars

Averaging +18.93 points per day traded or $946.52 dollars per day traded

* Other Miscellaneous Stats

Profitable Days 17
Losing Days 1
Best Day +42.75
Worst Day +1.50
Trade Signals 63%
Intuition Signals 27%
Execution Errors 4%
Trade Errors 6%

This month usually is my vacation month but I decided to use the latter part of July as the major part of my family vacation. Instead, I took several trading days off this month of August as 3 day or 4 day weekends for some family fun with the spouse and kids.

As for my trading, I'm very happy with the results but I'm still trading with a ton of impatience which makes it difficult to manage my trades after entry. Simply, I'm not sticking to the trading plan after entry and that causes more breakeven trades and more small losses when a small profit should have occurred.

The one aspect I am proud about is that I've adapted and am able to recognize the early stages of those killer extended mid-day low volatility tight trading range. That was the biggest edge I had this month to all August to be my best trading month of the year so far.

As a reminder, I'm a discretionary trader (no mechanical system) that uses a rule base trade methodology and you can see each trade with results @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=63.

With that said, if you need additional explanation of any of the above basic trade stats or curious about other trade stats I maintain that's not posted above...please don't hesitate to contact me via posting your questions here at the TSL Support Forum.

Best Regards,
M.A. Perry
http://www.thestrategylab.com

Phone: +1 708 572-4885
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