ZS $215(2), NQ $120(4)
| RESULTS FOR DAY | |
|---|---|
| Contracts: | 6 |
| Net $P/L: | 334 |
| Wins: | 2 |
| Losses: | 1 |
| Win%: | 67 |
| Avg$Win: | 170 |
| Avg$Loss: | -5 |
CTA Performance
Below is from Barclay's 4th Quarter 2013 Managed Funds Report. Interesting to me is "largest drawdown" amounts and the fact that most of them normally have 3 or 4 losing months each year.
In other news, you can trade penny stocks and become a millionaire! I wonder how much Tim Sykes paid CNN to publish this "story?"
Posts
Nice info thanks. Those F.ing penny stocks, good call on the paid for article... got half through and realised it hadn't even been spell checked ;-)
ReplyDeleteHope you have a good Xmas and NY!
Happy Holidays to you too and all those across the pond!
DeleteI don't think I've ever seen a positive article on day trading, only to now witness CNN print a fluff piece on penny stocks of all things that's suspiciously lacking the "other side" such as how many traders lose everything trading- especially penny stocks.
ReplyDeleteThe CTA report is quite interesting. Only a select few have Sharpe Ratios > 3, meaning that most of those nvestments aren't for the faint of heart when it comes to account balance volatility.