Friday, April 30, 2021

April Trading Summary +4.4%

RESULTS FOR APRIL
MNQ Contracts:212
Net $P/L:406
Wins:104
Losses:41
Win%:72
$Commissions:185
Avg$Win:25
Avg$Loss:-54

Improved April

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...