Another tough year with no real progress. Lost $3701 or -37%. Not sure where I will go in 2022 yet but will come up with a plan soon and elaborate in a future post. I may be near the end of this many, many year attempt to be profitable, one way or the other.
| RESULTS FOR DECEMBER | |
|---|---|
| MNQ Contracts: | 34 |
| Net $P/L: | -188 |
| Wins: | 27 |
| Losses: | 15 |
| Win%: | 64 |
| $Commissions: | 42 |
| Avg$Win: | 56 |
| Avg$Loss: | -43 |
| RESULTS FOR NOVEMBER | |
|---|---|
| NQ Contracts: | 9 |
| Net $P/L: | -740 |
| Wins: | 5 |
| Losses: | 4 |
| Win%: | 56 |
| $Commissions: | 25 |
| Avg$Win: | 114 |
| Avg$Loss: | -328 |
| RESULTS FOR OCTOBER | |
|---|---|
| Contracts: | 42 |
| Net $P/L: | 62 |
| Wins: | 30 |
| Losses: | 8 |
| Win%: | 79 |
| $Commissions: | 78 |
| Avg$Win: | 63 |
| Avg$Loss: | -228 |
| RESULTS FOR SEPTEMBER | |
|---|---|
| NQ Contracts: | 3 |
| Net $P/L: | -285 |
| Wins: | 1 |
| Losses: | 2 |
| Win%: | 33 |
| $Commissions: | 10 |
| Avg$Win: | 7 |
| Avg$Loss: | -146 |
| RESULTS FOR AUGUST | |
|---|---|
| Contracts: | 96 |
| Net $P/L: | -1794 |
| Wins: | 55 |
| Losses: | 36 |
| Win%: | 60 |
| $Commissions: | 199 |
| Avg$Win: | 54 |
| Avg$Loss: | -132 |
| RESULTS FOR JULY | |
|---|---|
| Contracts: | 47 |
| Net $P/L: | 932 |
| Wins: | 28 |
| Losses: | 16 |
| Win%: | 64 |
| $Commissions: | 88 |
| Avg$Win: | 106 |
| Avg$Loss: | -128 |
I'm still slaving away and resumed live trading again 2nd half of July. I'm incubating a strategy I developed to see how it does. Not sure if I'll have any good results or not but if so, will live trade this at some point. I haven't even looked at the results this past month to see what it did but likely will soon.
Trades this month are all discretionary pullback method that is showing some early promise but I've been down this road many times. Taking it a day at a time but glad to be in green for month. Below are just 2 days, one bad 7/30, one good 7/27.
| RESULTS FOR MAY | |
|---|---|
| MNQ Contracts: | 84 |
| Net $P/L: | -903 |
| Wins: | 24 |
| Losses: | 27 |
| Win%: | 47 |
| $Commissions: | 71 |
| Avg$Win: | 32 |
| Avg$Loss: | -62 |
System went on a spiral and I quit by 5/10. Obviously not enough manual backtest data to have any confidence with future performance. So I've been busy part-time programming since then and am making progress. I can't replicate exact system but able to do parts and it should be done in June hopefully. Somewhat pessimistic at this point but years of data instead of a few months will hopefully improve my outlook.
| RESULTS FOR APRIL | |
|---|---|
| MNQ Contracts: | 212 |
| Net $P/L: | 406 |
| Wins: | 104 |
| Losses: | 41 |
| Win%: | 72 |
| $Commissions: | 185 |
| Avg$Win: | 25 |
| Avg$Loss: | -54 |
New month, new system, fully systematic, with lots of manual backtesting prior but never enough. I think I had 355 trades backtested with average gross gain of 15 ticks/trade (all either 1 or 2 lots) before I went live this month. You can't get into too much trouble with MNQ so I used that even though it sucks for commission dollar relative to NQ. Today's trades below with entire month P/L curve. Performance was about half of the backtested results with ~8 ticks/trade (1 or 2 lots) and 145 trades total. Only ~2 ticks net per contract traded. Nothing to write home about but it is something that could do well if this edge continues. Missed a number of trades too (bathroom, lunch, etc.) and generally they would have been net winners so that's a good sign. I will consider moving up to NQ in May or should may be stay with MNQ longer? I think I could program the backtesting to get more data but it would be very complicated to do so. We'll see...
| RESULTS FOR MARCH | |
|---|---|
| MNQ Contracts: | 108 |
| Net $P/L: | -870 |
| Wins: | 43 |
| Losses: | 12 |
| Win%: | 78 |
| $Commissions: | 95 |
| Avg$Win: | 15 |
| Avg$Loss: | -127 |
Only traded 4 days in early March and honestly didn't feel like posting results. My luck continued and experienced 2 max loss losers in a row and I called it quits to reassess yet again. This was a new system and the upside should have been better than the downside but the 2 huge losers in a row, despite not seeing that occur in backtests, was a blow to my will.
I am still watching markets and doing system development but my motivation has waned these past months and years. We all know this is a tough gig and not seeing any kind of positive results after so long has dampened my optimism! Will keep this blog updated as usual but less frequently perhaps, weekly or monthly most likely. Cheers!
| RESULTS FOR FEBRUARY | |
|---|---|
| MNQ Contracts: | 157 |
| Net $P/L: | -439 |
| Wins: | 70 |
| Losses: | 73 |
| Win%: | 49 |
| $Commissions: | 117 |
| Avg$Win: | 22 |
| Avg$Loss: | -27 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 8 |
| Net $P/L: | +14 |
| Wins: | 3 |
| Losses: | 2 |
| Win%: | 60 |
| Avg$Win: | 15 |
| Avg$Loss: | -15 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 9 |
| Net $P/L: | -262 |
| Wins: | 1 |
| Losses: | 5 |
| Win%: | 17 |
| Avg$Win: | 9 |
| Avg$Loss: | -54 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 6 |
| Net $P/L: | +3 |
| Wins: | 3 |
| Losses: | 1 |
| Win%: | 75 |
| Avg$Win: | 6 |
| Avg$Loss: | -15 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 8 |
| Net $P/L: | -111 |
| Wins: | 3 |
| Losses: | 5 |
| Win%: | 38 |
| Avg$Win: | 9 |
| Avg$Loss: | -27 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 11 |
| Net $P/L: | +67 |
| Wins: | 8 |
| Losses: | 2 |
| Win%: | 80 |
| Avg$Win: | 17 |
| Avg$Loss: | -35 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 2 |
| Net $P/L: | +40 |
| Wins: | 2 |
| Losses: | 0 |
| Win%: | 100 |
| Avg$Win: | 20 |
| Avg$Loss: | 0 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 30 |
| Net $P/L: | -189 |
| Wins: | 11 |
| Losses: | 15 |
| Win%: | 42 |
| Avg$Win: | 29 |
| Avg$Loss: | -34 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 16 |
| Net $P/L: | -91 |
| Wins: | 6 |
| Losses: | 10 |
| Win%: | 38 |
| Avg$Win: | 14 |
| Avg$Loss: | -18 |
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 18 |
| Net $P/L: | +5 |
| Wins: | 9 |
| Losses: | 9 |
| Win%: | 50 |
| Avg$Win: | 16 |
| Avg$Loss: | -15 |
3:40pm CST - No trades yesterday, did more manual backtesting. For past 10 trading days, if every trade taken and executed error-free with no slippage, there were 225 trades, 54.2% winners, R:R 1:1, gross ticks profit 2428, and biggest drawdown 450 ticks. After commission this is ~8 or 9 ticks per trade average. Seems too good to be true and normally when I backtest ideas for much great time periods, the numbers don't hold up and you are lucky to get an average profit of 2-3 ticks/trade. We will see.
Hypothetically, each day gross was: +103, +9, +102, +594, +1145, -120, -16, +267, +181, +163
Of course my real trades this period (101 total) were less than half the available ones and with mistakes, slippage, commissions, etc., I netted 3.7 ticks/trade. Still not bad if repeatable...
| RESULTS FOR DAY | |
|---|---|
| MNQ Contracts: | 12 |
| Net $P/L: | +140 |
| Wins: | 9 |
| Losses: | 3 |
| Win%: | 75 |
| Avg$Win: | 21 |
| Avg$Loss: | -15 |
Posts
All Comments
