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 Post subject: September End of Month Trade Results
PostPosted: Wed Sep 30, 2009 8:15 pm 
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Joined: Sat Jan 10, 2009 1:06 pm
Posts: 3022
Location: Canada
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S&P 500 Emini ES Futures

* Total Cumulative Points and Dollars

+354.50 points or $17,725.00 dollars

Averaging +18.65 points per day traded or $932.50 dollars per day traded

* Other Miscellaneous Stats

Profitable Days 18
Losing Days 1
Best Day +57.00
Worst Day -8.75
Trade Signals 72%
Intuition Signals 18%
Execution Errors 2%
Trade Errors 8%

At first it would seem like this was a record profit month for me in comparison to other months of trading in 2009. However, a closer examination shows that Septermber is ranked 2nd via the dollar/points average is 2nd behind August along with August doing such on less traded days. Yet, I did trade more while sick in September in comparison to August and I had more distractions in the month of September involving tax stuff.

With that said, I did achieve my primary goal of reducing the number of intuition trades in comparison to the prior trading month. Intuition trades are basically trades outside my trading plan in which I rely heavily on my market experience to guide me in either the entry or trade management after entry instead of following the trading plan.

In addition, I expected the volatility to rise for the month of September and that didn't happen because volatility declined further and that made trading more difficult this month than last month.

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.

Last of all, 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
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
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