Here's where I keep all my trading statistics .
This page mainly serves as my personal:-
1. gauge to measure how well am I in achieving my goals
2. To look back at my past trades on all the mistakes I've made and
3. avoid repeating the mistakes again in the future.
Goal
1. I need to maintain a 0.50 Win Probability (for every lose, I must get a win)
2. I need to achieve a 1.5 Win/Lose Ratio (in order to achieve that, for every 1 point of risk taken, I need to make back a 1.5 point reward. In other words, only enter a trade with at least a Risk/Reward of 1.5)
3. Never risk more than 2% of total portfolio on any one trade.
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Trading Style
A little bit about my trading style.
I'm a swing trader.
Basically, my goal here is to capture profits from swings.
- Long when small pullbacks occur on a strong uptrend stock.
- Short when small rallies occur on a strong downtrend stock.
Rules and Guidelines
My rules are pretty simple.
Rules are stuff that no matter what happens, you SHOULD NOT break it.
Guidelines are there just to be reminder.
Rules
1. Never LONG on a counter when it's 30MA is not pointing up. (same goes for SHORT)
2. Only LONG when counter is oversold / SHORT when overbought. (i look at Stochastic12.3.3)
3. Never trade a stock which will be announcing it's earnings within the next 10-trading-days. (It's more like a gambling when u trade during this period without the proper knowledge)
4. All entry needs to go thru an 45min HOLD TIME rule. ( whichever fails that 45min HOLD TIME rule will be disqualified, no matter how good the reward is. )
5. Never trade on counters which are GAPPY and have DRASTIC moves,
Guidelines
1. Focus on LONGS When market is uptrend, and SHORTS when market is downtrend.
2. Go LONG for stocks which is trading above it's 200MA, and SHORTS for stocks which are trading below it's 200MA.
Year 2008| Month | Symbol | Entry/Date | Exit/Date | P/L (over portfolio) | Monthly P/L |
| Dec | AMZN
| $7.10/20Dec
| $10.50/28Dec
| 45% (5.6%)
| +79% (9%)
|
DE
| $5.70/21Dec
| $7.87/28Dec
| 34% (3.4%)
|
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Jan
| MS
| $4.90/28Jan
| $6.40/05Feb
| 26% (2.2%)
| 51% (4.1%) |
NTY
| $4.30/02Jan
| $5.60/09Jan
| 25% (1.9%)
|
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Feb
| LEN | $2.85/21Feb | $1.48/22Feb
| 52% (5.3%) | 52% (5.3%) |
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Mac
| STJ | $4.73/05Mac | $3.40/07Mac
| 33% (2.8%) | 25% (3.1%)
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AXL
| $3.00/05Mac
| $3.80/25Mac
| 23% (2.4%) |
PG
| $3.27/12Mac
| $3.90/18Mac
| 15% (1.8%) |
HSY
| $7.10/12Mac
| $7.56/31Mac
| 3% (0.4%) |
AA
| $4.30/12Mac
| $5.20/18Mac
| 15% (1.2%) |
UPS
| $3.60/05Mac
| $2.00/14Mac
| 28% (6.1%) |
| |
Apr
| VRSN (May35p)
| $2.80/27Mac
| $2.65/14Apr
| 10% (1.0%) | 17% (1%) |
GPS (Jun17.5c)
| $3.70/02Apr
| $2.65/05Apr
| 32% (4.2%) |
| AMAT (May19c) | $2.00/02Apr
| $1.17/11Apr
| 46% (4.9%) |
| PNRA (May40c) | $3.90/16Apr | $5.00/23Apr
| 25% (3.4%) |
XXXXX(xxxxx) | xxxxxxxxx | xxxxxxxxx
| 81% (7.4%) |
Dec2007 - May2008 Performance Review
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May
| CVG (May15c)
| $0.70/07May
| $0.50/07May
| 39% (1.9%) | |
| | WBD
| $123.07/08May
| $128.23/08May
| 5.44% (5.44%)
| |
| | WMT (Jun55c)
| $3.30/08May
| $1.75/20May
| 50% (8.76%) | |
| | JPM (Jun47.5c)
| $2.00/12May | $1.10/13May | 48% (7.1%) | |
| | CBD (stock) | $45.70/21May | $45.10/21May | 2% (2%) | |
| | BMI (stock) | $48.63/21May | $46.07/23May
| 2% (2%) | |
| | AAPL (stock) | $181.41/23May | | | |
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I hav created my paper trade result table as well for reference.. We can share ideas and exchange views for more improvement if possible.. Tks!
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@ Mon 26-05-08 02:11AM
