"A man is not finished when he is defeated. He is finished when he quits."

Wednesday, July 1, 2009

Recap for June

It was a good month except for June 1st. June first was the day in which I closed out my paper-trade experiment from May 29th. This was not a day-trade but two positions (GS,SKF) in which I had a big unrealized loss by EOD but held onto them to learn a few things about how IB worked with regard to margin; more specifically, the process of share liquidation to meet the margin requirement. (I refer you to my summary of May 29th for details) In the interest of disclosure, I will list that big losing trade but also do my monthly summary without it. Loss of that day was -$13,211.
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LIVE TRADING:

Live Trading Gains: +$257, net of commissions.
Live Trades: 23 for 30; 77%
Live Ave Gain Per Day: $51
Live Ave Gain Per Hour Traded: N/C cannot compute, mixed with paper-trading
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Days Live Traded in June: 5 out of 22; 23%
Days Live Traded With Gain: 5 out of 5; 100%
Days Live Traded With Loss: 0
Hours Live Traded: N/C, cannot compute
Largest Daily Loss: DNA
Smallest Daily Loss: DNA
Largest Daily Gain: $128 on June 18th
Smallest Daily Gain: $5 on June 16th
Most Active Day: 7 for 10 on June 19th
Least Active Day: 1 for 1 on June 15th and June 16th

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Paper-Trading:

Gain: +$10,065
Loss: -$3,146 (with June 1st)
Trades: 134 for 176; 76% winners
Ave Gain per Day Traded: $503
Ave Loss per Day Traded: -$157 (with June 1st)
Ave gain per hour traded: $116.59
Ave loss per hour traded: -$36.44 (with June 1st)
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Days paper-traded in June: 18 out of 22; 82% (19 of 22; 86% with June 1st)
Days traded with a gain: 17 out of 18; 94% (17 of 19; 90% with June 1st)
Days traded with a loss: 1 out of 18; 6% (2 out of 19 with June 1st; 10%)
Hours traded in June: N/C, mix of live and paper trading on some days
Largest Daily Loss: -$37 on June 29th (-13,211 with June 1st)
Smallest Daily Loss: -$37 on June 29th
Largest Daily Gain: $1,670 on June 8th
Smallest Daily Gain: $21 on June 17th (primarily because I live-traded that day)
Most active day: 32 for 40 on June 24th
Least active day: 1 for 1 on June 17th (live-traded that day, also day with smallest gain)

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Totals:

Gain: $10,322 (-$2,889 with June 1st)
Trades: 157 for 206; 76%
Ave gain per day traded: $516 (Loss of $144.45 with June 1st)
Ave gain per hour traded: $120 (Loss of $33 with June 1st)

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Days traded in June: 20 out of 22; 91% (21 of 22 with June 1st; 96%
Hours traded in June: 86.33 out of 143; 60.4%

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