Thursday, July 15, 2010

$500 Supplemental Vacation Cost

1:50pm CDT - I'm back! Rested and ready to go and had 3 good trades today.

I always look back to my charts when I get back from a break to see what would have happened with my systems. If I had traded the 5 days that I was away I would have likely grossed about $700 total, less about $200 in commissions, or $500 gross. My crude system would have sucked with 3 losing days: -$550, -$650, and -$1000 and 2 days with no trades. My bean system would have done okay but just barely with the 5 days at: $750, -900, $750, -$900, $1200. My discretionary crude trades are harder to predict but I'm pretty sure I would have done well and should have grossed each day: $400, $800, $600, -$400, $600. Overall, not a bad 5 days to take off considering... If I had backtested a huge positive week I would have felt a little sick, and if I had calculated a huge negative week I would have rejoiced at my excellent vacation timing! But no matter how you figure things, this is the cost of being a trader. Days off are like tuition, they are an investment in the future!

Net breakdown (contracts traded):
ZS $1169(6), GCL $1209(7)
RESULTS FOR DAY
Contracts:13
Net $P/L:2378
Wins:3
Losses:0
Win%:100
Avg$Win:793
Avg$Loss:0

1 comment:

  1. Days off are essential....it allows re-concentration of focus (or concentration of concentration!!)...he he...I like being cute.

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