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

Sunday, May 3, 2009

April Recap

APRIL TOTALS:
Gain: $7.15 per share, net of commissions
Trades: 250 for 396; a win rate of 63.1%
Ave Gain Per Day Traded: 39.7 cents per share
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Days Traded in April: 18 days out of 21; 85.7%
Days Traded with a Gain: 15 out of 18; 83.3%
Days Traded with a Loss: 3 out of 18; 16.7%
Largest Daily Loss: -$4.37 per share on April 14th
Smallest Daily Loss: -.86 cents per share on April 9th
Average Daily Loss: -$2.34 per share
Largest Daily Gain: $2.78 per share on April 2nd
Smallest Daily Gain: $.05 cents per share on April 13th; also my least active day.
Average Daily Gain: $.397 cents per share
Most active day: 34 for 63 on April 23rd for a gain of $.98 cents per share
Least active day: 2 for 2 on April 13th for a gain of $.05 cents
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Notable: Missed one day of trading because the IB paper trading platform was down. One day was closed for Good Friday.

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Footnote - In the Interest of Disclosure:
Regular readers will note that my overnight postion of April 23rd to April 24th is not listed in any of the data. I chose to remove it altogether. It was the day where I carried a large position of SKF into the next day but was unable to be online to close it out. In the early morning before leaving for my day-job, I posted that my intent would be to sell when it went positive gain. When I returned later in the day, it was down a lot ($ 27 per share) but the chart stated that it went positive for a few minutes during the morning. So, with that in mind, I choose not to count the loss or the gain I would certainly have had. I try to be as open and forthright about what I do here. I think this a fair decision... if you have any input, I am surely open to it. Feel free to post.