It was another tough year, net loss -$3131 or about -24%. Had some spots of success but gave it all back in this net zero game. Commissions alone were about 2/3 of my net loss. We'll see what 2021 has in store soon enough. Still working on a plan to start year.
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Happy New Year. Does your data analysis provide a deeper level of detail within monthlies to show how many positive/negative days and weeks per month? That would help to show consistency vs a couple of big trades ruining or saving the week/month.
ReplyDeleteNot sure if it's possible via programmed system, but since that's your style, if you could develop a system that can produce consistent returns using this entire year's data with the stipulation/goal of maintaining net positive days and weeks every month, it should be quite robust.
In any case, ES and MES are clearly your best tools in your arsenal.
Sorry about the bad year. Have you ever just considered buy and hold as an alternative to what you are doing? https://youtu.be/CPlvnyVbqCg Maybe you do this with other money you have, but if not it might be a good idea. As your 11 years of results show, trading is really tough, not to mention time consuming. Or, maybe you should do something completely and radically different - maybe a different development process, different style of trading (get away from day trading), etc. I hope you have a successful 2021!
ReplyDeleteThanks Soullfire. Believe me, if I could extrapolate an edge from all my trade data, I would do it! But I would really need much more info recorded for every single trade, MFE, MAE, trend, etc. which I do not have.
ReplyDeleteHi Kevin, yes it was a good year in my non-trading accounts. QQQ, my major holding, was very good to me. Thanks for ideas.
I don't think MFA, MAE should help.
Deletehttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=1123362
That is good to hear not all your eggs are in the trading basket. Wise move!!!
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