November Trading Results

December 1st, 2006

Well, November turned out a good bit better than October for me. I credit that to ridding myself of a bias I had to trade earlier in the day. I think a couple trades where I entered after the 10:00 30 minute candle that turned out really well back in September (like this one) instilled an unhealthy bias towards trading off that candle. For a while after those successful lucky trades, I would aggressively look to be in something shortly after 10:30AM.

I’ve tried to rid myself of that bias and I think it worked in November. I’ve always thought of myself as a picky trader, but I’ve worked on trying to be even pickier. In fact, I give myself the hardest pat on the back on the days where I see several okay setups where I’m able to resist the urge to trade and not trade at all. It’s those days that in many ways, ironically, I feel like I’ve traded my best.

Here’s my calendar for November:

November Results

Here are my monthly trading results since I started dummy trading back in August. Those links will take you to the calendar view for each month.

Month Total R Win % Expectancy
November 2006 12.38 48.28 0.43
October 2006 -2.61 33.33 -0.09
September 2006 5.35 42.86 0.19
August 2006 9.07 43.33 0.30

4 Comments

  1. Zoomie Said,

    December 1, 2006 @ 6:37 am

    Dave,
    Those are some great numbers. Especially your expectancy. Congrats! My win rate is not as high, but I get a lot of break-even trades.

  2. Tyro Said,

    December 1, 2006 @ 9:52 am

    Dave,

    There’s nothing to not love about those figures. Great returns, great expectancy, great win:loss ratio, and on your calendar you show you’ve done this without any big drawdowns. Congrats!

  3. Dave Said,

    December 1, 2006 @ 2:08 pm

    @Tyro – thanks a bunch!

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