Tuesday, June 9, 2009

The Art Of Trading Service Performance Over The Past 8 Weeks

$5000 into each alert. We average about 2-3 alerts per day. After 8 weeks of trading, you would be up $9,000(commissions not included, that will depend on your broker and commish structure) or about 18%. Average holding period is anywhere from a few hours to 2 days maximum. Stop losses average about 5% from entry. If returns like this with that type of trading style interest you then feel free to join us.

Take advantage of that 10 free trial folks!!














P/L % / Trade $ Total (5K / Trade)

$P/L










7.34 5000

367
5.65 5000

282.5
10.74 5000

537
0.85 5000

42.5
1.05 5000

52.5
-8.04 5000

-402
-7.65 5000

-382.5
7.87 5000

393.5
-0.5 5000

-25
2.09 5000

104.5
6.2 5000

310
-1.94 5000

-97



Total 1183





0.84 5000

42
1.22 5000

61
3.39 5000

169.5
4.58 5000

229
-3.34 5000

-167
0.08 5000

4
-0.34 5000

-17
7.54 5000

377
1.56 5000

78



Total 776.5





0.8 5000

40
2.62 5000

131
1.79 5000

89.5
-4.62 5000

-231
6.03 5000

301.5
2.13 5000

106.5
-2.53 5000

-126.5
1.97 5000

98.5
-1.66 5000

-83
-2.55 5000

-127.5
-2.84 5000

-142
-8.81 5000

-440.5
-2.75 5000

-137.5
-2 5000

-100
-2.77 5000

-138.5



Total -759.5





14.41 5000

720.5
9.64 5000

482
0.69 5000

34.5
3.5 5000

175
-1.02 5000

-51
-3.51 5000

-175.5
0.97 5000

48.5
-3.35 5000

-167.5
2.16 5000

108
-1.64 5000

-82
-0.27 5000

-13.5
-2.4 5000

-120
-1.06 5000

-53
0.57 5000

28.5
-0.34 5000

-17



Total 917.5





-2.6 5000

-130
4 5000

200
-5.8 5000

-290
0 5000

0
-0.6 5000

-30
-2.8 5000

-140
12 5000

600
10 5000

500
4.8 5000

240
2 5000

100
4.8 5000

240
2.4 5000

120
3.7 5000

185
0 5000

0
8.5 5000

425
6.6 5000

330
0 5000

0
2.9 5000

145
4.5 5000

225
0 5000

0
1.1 5000

55
3.29 5000

164.5
5.5 5000

275
-1.8 5000

-90
-0.7 5000

-35
-5.5 5000

-275
2.6 5000

130
4 5000

200



Total 3144.5










6 5000

300
2.3 5000

115
-1 5000

-50
7.3 5000

365
1.7 5000

85
11 5000

550
0.5 5000

25
-3.3 5000

-165
0.8 5000

40
5.1 5000

255
6 5000

300
7 5000

350



Total 2170










0 5000

0
-5.3 5000

-265
1.6 5000

80
0 5000

0
6.3 5000

315
1.7 5000

85
5.5 5000

275
0 5000

0
10.74 5000

537
0 5000

0
0 5000

0
7.6 5000

380
6.7 5000

335



Total 1742










14.5 5000

725
1.5 5000

75
2.85 5000

142.5
-0.75 5000

-37.5
0 5000

0
-3.8 5000

-190
-2.5 5000

-125
-4.8 5000

-240
1 5000

50
-1.4 5000

-70
1.2 5000

60
3.6 5000

180
3.5 5000

175
-2 5000

-100
-9.2 5000

-460
3.4 5000

170
-11 5000

-550



Total -195


9 comments:

Anonymous said...

Stewie, first of all - wtg bro!

However, it really doesn't make any sense to calculate your performance with a fix amount of shares to every trade. Each trade got a different stop (in $) hence the risk is different. You agree that you can't compare 5000 shares of GOOG to 5000 of BAC...
Good luck with your service!

Stewie said...

hi anon,

i for got to add to the post that this is assuming you have a 50K account. I tell all my members, to use 10% of your account into each alert. so 50K account, you'd use 5K into each alert and by the way, that means that you will rarely ever be fully invested, since i only use 1-3 alerts at any given moment. if you have a 100K account, then you'd use 10K into each alert. If you have a smaller account(say 10K), then it makes sense to increase your allocation into each alert.
while i agree with you that 5000 shares of goog is nowhere near the amount of 5000 shares of BAC but this is not what i am doing here. I have everyone use use a fixed buying dollar amount and we are looking for percentage gains not point gains in each alert. A 10% move in goog is the same 10% move in BAC. I never want any of my members to lose more than 1% of their account on any one trade. The 1% rule.

Check out this link:

http://www.esnips.com/doc/fa7385ce-09ea-4141-a3d4-5f27eb9ce18c/Market-Makers-Edge-Day-Trading-Tactics


It's the Market MAker's Edge Ebook, one of my fav books on trading.

He has a similar rule called the 2% RULE.

hope you like it!

Blue said...

Two longer term VIX and Broker Dealer charts for you Stewmeister. Your favorites!

http://slopeofhope.com/2009/06/the-market-still-seems-very-shortable.html

Anonymous said...

Thx for the link Stewie, good stuff!
Now, regarding our discussion here, the 2% rule is exactly what I'm talking about... The 2% is you max loss of the total trading equity. Because you are a charts person and I assume that your stops are based on a technical analysis and not on a fix % per trade, one should adjust his size according to the 2% max loss and the stop in $$$.
For example, if your trading equity = $100,000 - your max loss is $2,000.
When you take a trade with $0.50 stop than your size is 4000 shares and when you take a trade with $1 stop then your size is 2000 shares.
Therefore, I repeat that assuming a fix amount of shares per trade (5000 in your example) is senseless because you don't mention what the risk per trade was and you do not adjust the size in accordance to the risk.
Have a great day!
Trader-A

Stewie said...

hi blue, yea, that vix chart is very interesting. thanks for the link. nice to see you again dude. it's been a while.


TraderA: you honor me with your presence here! please stop by again! I am assuming you are TraderA from DT's blog?

Market Monkey said...

@Trader-A: First of all, Stewie's recommending 5K of CAPITAL in each trade (based on a 50K account), not purchasing 5000 SHARES. As the stop is an average of 5% away from entry, that makes the total risk to the account 0.5%...

I'm assuming that if the stop needs to be more than 10% away from entry (ie greater than 1% risk to the account) then he'd pass on the trade. Suppose you could also choose to lower the amount invested too.

While the risk isn't constant, the max exposure is.

MM

Blue said...

Stew, I always read, just don't post unless I have something meaningful.

Last Thurs with a GS short at the close ended my 7 straight weeks. Was worth the shot, market closed for shit on Thurs just like yesterday. It's been hard trading anything but the first and last hour.

I did about $3k before commissions in my 7 weeks. Not great, not bad all things considered. Still have a ways to go!

Still having a hard time setting my mind free if my first trade of the day is a loser. Getting better though. Not chasing losses or profit targets on the day, especially late in the day to "make it back". Just machine gun trading every high probability opportunity. Can't win them all.

Stewie said...

thank you market monkey. that's my point here. actually my market exposure is VERY minimal and very conservative. rarely do i have more than 20% of equity at risk.

Stewie said...

blue: in trading you WILL NOT WIN THEM ALL, that's for sure but if you strive for consistency then you have already 'won" if i dare say that.

Blog Archive