Short term trading results Spet 13th + $64.50 per contract
*To be removed, please reply with UNSUBSCRIBE model trading in subject line
Dear Trader Date: 9/13/2006
The results below are taken either from a real trading account or a demo trading account, depending if I have clients who are trading the model, if I am in a testing stage etc. Today’s trades below were executed in a live account.
I took some time from trading the basic concept, almost a month now as I was not happy with the swings in equity, the fact that certain days generated way too many trades and a few other factors.
I spent a lot of time testing and modifying the concept so when the time comes for real trading, we will be able to duplicate the results of the back testing.
What I came up with is a program/model that takes trades in 3 markets: Mini SP, Mini Crude Oil and electronic Bonds. While the time frame is for day-trading, there will be times that the program will hold positions overnight with stops and targets.
My research and back testing suggests that the combination of 3 markets helps tremendously to the bottom line results as well as minimizes the size of the draw downs. However, because the model trades 3 different markets and holds positions at time overnight, the required initial account size is $15,000.
If any one would like more information, a walk through of the back testing etc., please send me an email and I will be happy to set up a time.
Today's Trades:
Closed Trades:
Mini SP:
1 trades +$0.00 per contract
Mini Crude:
3 trades +$112.50
Electronic Bonds:
No Closed trades
Total: +$112.50
Open Positions:
Short ESZ6 from 1325.00 (Sept. 12th )
Short ZBZ^ from 111.00 (Sept. 13th )
Long QMV6 from 64.10 (Sept. 13th )
Results:
Day-Trading portfolio results Dates below were compressed to save space, to view all trades, please e-mail me for the complete file Date No. of Trades Trading Results ES500 Trading Results US Bonds Trading Results Mini Crude Daily Gross Profit / Loss (before commissions) Total Commissions per contract * Daily Net Profit / Loss per contract(after commissions of $10RT) Trading Results after commissions per one contract ########## (2) -3.00 ($5.00) ($4.00) ($6.00) ($7.00) (3) * 50 -7.04 * (2) (3) + (5) (6) * 5 5/14/06 MAY 5/30/06 4 20.75 $1,037.50 ($40.00) $997.50 $1,565.00 June 6/5/06 3 6.00 $300.00 ($30.00) $270.00 $1,835.00 On vacation 6/22/06 2 1.75 $87.50 ($20.00) $67.50 $685.00 July 7/11/06 6 2.50 $125.00 ($60.00) $65.00 $750.00 7/28/06 5 -12.00 ($600.00) ($50.00) ($650.00) ($1,861.00) Took time off between July 29th and August 28th, ($1,861.00) to work on modifying the model in order to minimize number of trades and achieve better overall results ($1,861.00) New model includes Bonds and Mini Crude in addition to Mini SP Date No. of Trades Trading Results ES500 Trading Results US Bonds Trading Results Mini Crude Daily Gross Profit / Loss (before commissions) Total Commissions per contract * Daily Net Profit / Loss per contract(after commissions of $12RT) Trading Results after commissions per one contract ($1,861.00) 8/29/06 4 12.25 23 $1,337.00 ($48.00) $1,289.00 ($572.00) No Closed Trades 8/30/06 0 $0.00 $0.00 $0.00 ($572.00) 8/31/06 1 67.5 $337.50 ($12.00) $325.50 ($246.50) 9/1/06 4 1 65 $356.50 ($48.00) $308.50 $62.00 9/5/06 2 11 -30 $196.50 ($24.00) $172.50 $234.50 9/6/06 6 4.25