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december wrap - first losing month since 2023, annual still standout

december done.

2024 done.

first losing month since learning.

annual still notable.

december final numbers
#

starting (dec 1): $446,100

ending (dec 31): $437,800

december loss: -$8,300 (-1.86%)

trades: 25

wins: 7

losses: 18

win rate: 28%

December Weekly Performance

Figure 1: December weekly performance - five consecutive losing weeks. Week 1 -$820 (50% wr, 6 trades), Week 2 -$1,760 (29% wr, 7 trades), Week 3 -$2,340 (40% wr, 5 trades), Week 4 -$1,260 (33% wr, 3 trades - Christmas pause), Week 5 -$2,120 (25% wr, 4 trades - New Year’s). Month ended -$8,300 (-1.86%). Win rate collapsed from November 92% to December 28% = mean reversion. All five weeks losing = variance clustering.

weekly breakdown
#

December Holiday Impact

Figure 2: Holiday impact on December volume. Gradual decline Dec 1-23 from 3.2M to 2.4M avg daily contracts. Christmas week (Dec 24-26) dropped to 1.5M avg (-50% vs month start). New Year’s Eve (Dec 31) recovered to 2.0M. Month averaged 2.3M contracts vs November 3.9M (-41% decline). Red zone = Christmas pause. Orange zone = New Year’s pause. Holiday liquidity drought compressed edge.

week 1 (dec 2-6): -$820, 50% wr, 6 trades

week 2 (dec 9-13): -$1,760, 29% wr, 7 trades

week 3 (dec 16-20): -$2,340, 40% wr, 5 trades

week 4 (dec 23-27): -$1,260, 33% wr, 3 trades (christmas pause)

week 5 (dec 30-31): -$2,120, 25% wr, 4 trades (new year’s)

5 consecutive losing weeks.

longest losing streak 2024.

comparing to previous months 2024
#

january: +$27,200 (+7.4%) - strong

february: +$1,400 (+0.36%) - flat

march: +$1,100 (+0.28%) - testing

april: +$23,460 (+5.9%) - notable

may: +$3,500 (+0.83%) - normal

june: +$8,320 (+1.97%) - modest

july: +$2,720 (+0.63%) - modest

august: +$900 (+0.21%) - survival

september: +$6,860 (+1.58%) - modest

october: +$3,120 (+0.71%) - modest

november: +$1,320 (+0.30%) - flat

december: -$8,300 (-1.86%) - losing

pattern consistent:

2 impressive.

7 modest/flat/survival.

1 losing.

sustainable variance demonstrated.

annual 2024 final
#

YTD 2024 Monthly Progression

Figure 3: Year-to-date 2024 monthly progression final. Two notable months (Jan +7.4%, Apr +5.9%) carried year at +$50,660 combined (71% of annual gains). Seven modest/flat months (Feb-Nov excluding Apr) added +$29,200 total. One losing month (Dec -1.86%) demonstrated realistic variance. Annual total +$71,600 (+19.55%). Target range 15-18% (green zone) exceeded by 1.55%. Sustainable pattern: rely on occasional impressive months, grind modest months, accept occasional losses.

starting balance (jan 1): $366,200

ending balance (dec 31): $437,800

annual gain: +$71,600 (+19.55%)

annual target: 15-18%

exceeded by: 1.55%

total trades: 312

wins: 221

losses: 91

annual win rate: 71%

circuit breaker 2024 performance
#

triggered: 0 times

close calls:

may week 3: -$1,420 (within $80)

october week 2: -$1,240 (within $260)

december week 2: -$1,280 (within $220)

preventive measures worked.

filters adapted correctly.

stopped losses before spiral.

circuit breaker philosophy validated.

market conditions december
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avg volume: 2.3M contracts (-41% vs nov)

holiday liquidity drought.

avg VIX: 17.2 (elevated from nov 15.1)

avg correlation: 0.64 (higher than normal)

avg regime stability: 0.62 (lowest 2024)

worst conditions of year.

holiday trading = edge compressed.

slippage tracking december
#

december avg: 2.5 ticks

november avg: 1.9 ticks (+32% worse)

annual best (april): 1.7 ticks (+47% worse)

low volume = wider spreads.

chicago colo preventing 4+ tick disaster.

but can’t overcome liquidity drought.

lessons from december
#

1. losing months happen

first losing month since 2023 learning.

-1.86% acceptable variance.

annual +19.55% makes december irrelevant.

2. mean reversion is real

november: 92% win rate.

december: 28% win rate.

regression to 71% annual avg.

3. holiday conditions predictable

volume -41%, VIX elevated, correlation high.

edge = zero.

pausing 5 days correct decision.

4. circuit breaker philosophy working

3 close calls, 0 triggers.

preventive filters + voluntary pauses.

capital preserved.

5. family > forced trades

paused christmas/new year’s.

chose time with A’s family.

priorities shifted.

growth.

comparing december 2023 vs 2024
#

december 2023:

still learning.

emotional trading.

christmas alone (traded to avoid feeling).

lost $1,200 christmas eve/day.

december 2024:

validated strategies.

disciplined execution.

christmas with A’s family (paused 3 days).

lost -$8,300 total month.

loss larger but experience completely different.

chose family over forcing trades.

growth.

therapy reflection (12/28)
#

dr. r: “december rough. -$8,300. thoughts?”

me: “first losing month since learning. sucks but acceptable. annual still +19.6%.”

dr. r: “you’re not spiraling.”

me: “nope. variance happens. december always rough (holidays). paused 5 days for family time. chose right.”

dr. r: “year ago you’d have forced trades.”

me: “year ago i did force trades. christmas 2023 alone, lost $1,200. this year with A’s family, lost more but felt better.”

dr. r: “priorities.”

exactly.

what december taught me
#

old mindset:

losing = failure.

must fix immediately.

force trades until winning.

new mindset:

losing = variance.

accept and move on.

forcing trades = certain disaster.

december:

5 consecutive losing weeks.

could’ve forced 50+ trades.

chose:

accepted variance.

selective execution (25 trades vs 40+).

paused 5 days family time.

minimized damage.

-1.86% vs potential -5%+.

life update - engaged
#

wedding planning:

may 2025 (5 months out).

venue booked, caterer booked, photographer booked.

invitations designed (casual beach vibe won).

relationship:

14 months living together.

2 months engaged.

places list: 30 (balcony new year’s countdown).

first relationship thinking permanent.

tonight (december 31, 11:58pm)
#

december done.

-$8,300 (-1.86%).

28% win rate.

5 consecutive losing weeks.

first losing month since 2023.

annual 2024:

+$71,600 (+19.55%).

exceeded 15-18% target.

312 trades, 71% win rate.

circuit breaker never triggered.

engaged to A.

wedding may 2025.

christmas with her family (first real christmas since parents died).

2 years transformation complete.

2025 begins tomorrow.


11:58pm tuesday. december wrap. -$8,300 (1.86%). 28% win rate across 25 trades. five consecutive losing weeks (longest streak 2024). mean reversion from november 92% wr. volume -41% vs november. paused 5 days christmas/new year’s with A’s family. annual 2024 +$71,600 (19.55%) exceeded target. 2 notable months, 7 modest, 1 losing = sustainable variance. circuit breaker never triggered. engaged to A., wedding may 2025. priorities shifted: family > forced trades. transformation complete.

-AK

Related

november wrap - flat month, discipline maintained, ytd above target
november done. flat month executed. ytd cushion protected. november final numbers # starting (nov 1): $444,780 ending (nov 30): $446,100
october wrap - modest month, ytd management, discipline maintained
october done. modest month exactly as targeted. ytd management on track. october final numbers # starting (oct 1): $441,660
september wrap - modest month, volume restored, discipline maintained
september done. modest month as expected. volume returned post-labor day. september final numbers # starting (sep 1): $434,800
august wrap - summer slowest month, survival confirmed, discipline maintained
august done. summer slowest month confirmed. survival = success. august final numbers # starting (aug 1): $433,900 ending (aug 31): $434,800
july wrap - modest summer month, discipline through variance
july done. modest summer month. discipline maintained through variance. july final numbers # starting (july 1): $431,180 ending (july 31): $433,900
june wrap - modest month, variance demonstrated, discipline maintained
june done. modest month as expected. variance demonstrated perfectly. june final numbers # starting (june 1): $422,860 ending (june 30): $431,180