Trading Performance
week 2 review - back in the red
·668 words
week 2 sucked. gave back week 1 gains and then some.
the numbers # trades this week:
total: 7 wins: 3 losses: 4 win rate: 43% avg winner: $310 avg loser: $485 net: -$1,010 account:
correlation risk - learned the hard way
·795 words
lost $1,400 yesterday because i didn’t track correlation between my positions. dumb mistake.
what happened # may 10, 2pm:
week 1 review - small progress
·566 words
first week of may done. +$520.
not amazing but way better than april’s weekly average (-$3k/week).
the numbers # trades this week:
may day 1 - smaller position sizes
cut position sizes in half. only trading 3 strategies now.
first day of may went… fine? +$180 on one trade. nothing else triggered.
new risk rules # old position sizing: 2.5% risk per trade = $850 max loss (on $340k account)
april wrap - down another 12k
·404 words
april P&L: -$12,384 4-month total: -$60k
not improving fast enough.
the numbers # Figure 1: Monthly and cumulative P&L Jan-Apr 2023. Trend is slightly improving but still deep red.
first 90 days live - reality check
·560 words
3 months into trading with real money and i’m down $40k. not what i expected but also exactly what i should’ve expected.
paper trading for 3 years (2020-2022) gave me this false confidence that live trading would be similar. LMAO nope. completely different game when actual money is on the line.