Whew - Recovered Most of This Month’s Losses
June 29th, 2007I was starting to wonder whether I was going to have a down month of over 3R. Luckily, I stuck with it today and made 3.8R in RIMM. That pulled my profit and loss for the month to just under breakeven. Here’s a calendar view of my trading for June. Hopefully I’ll find the time to devote to a full monthly review on this blog - I feel like I’ve learned a lot this month.
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Eyal Said,
June 29, 2007 @ 7:50 pm
Nice comeback on the last day
From your calendar it looks like you didn’t trade much this month, maybe that’s part of it. Also June was tougher for most people I think, my win rate was very low this month.
Hermann Said,
June 30, 2007 @ 6:38 am
Based on your calender view, you’re still down 2,58R for the month. If it wasn’t for that last trade, it would have been -6,42. I find your calendar view great though. I am curious, how much does 1R represent of your capital? 1%, 2%?
I’ve created a “heat map” of your performance based on your calendar view from your first trade up till today. E-mail me and I’ll send it to you. You might find it interesting.
Dave Said,
July 1, 2007 @ 1:10 pm
@Eyal - yes, I had to take a week away from the markets and I was distracted for much of the month before that.
@Hermann - You’re right, I ended up being down 2.5R for the month. I determine my risk percent by the system I use. For my momentum trading I use about 1/3 of a percent. For my dummy/fib trading I use about 1/2 a percent. I sent you an email about the heat map - definitely interested.
Thanks for the comments!