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January 2009 End of Month Results

Written by Hugh, on January 31st, 2009

This month started so well and then it went straight down the tubes.  I was disappointed that I wasn’t able to reach my goal of being profitable every week.  I guess I have to go back to the lab and do more testing.

I had a win percentage of 48% and lost 3.8% of total capital this month.  This is so frustrating, I just keep going back and forth, not making any headway!!

The good things this month were:

  • I have instituted weekly reviews
  • I am keeping better track of trades and the situation surrounding the entries and exits
  • I also have another notebook for testing and I am recording all of the parameters and questions I have about a particular trade
  • I did a much better job of posting my trades on this blog



If you enjoyed this article, you might also like:

  1. January 2008 End of Month Results
  2. November 2008 End of Month Results
  3. October 2008 End of Month Results
  4. End of Month Results for October 2007
  5. December 2008 End of Month Results



Category: My Trading   Tags:

This post was written by . His goal is to become a professional trader.
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Justin White

Hugh, I also do weekly reviews of trades, but want it to become more productive. How exactly do you go over your trades each week?Thanks, Justin

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Hugh

Hey Justin,I started taking notes in a notebook, reasons for taking a trade, moving of stops, confidence in the trade, etc. Then I look at my statement to double check the numbers. Finally, I take a screen print of my chart and actually mark off where I got in and out and everything. It helps me see what I did wrong/right. Then I put it all together into a blog post.At the end of the week I compile all the trades and go over them to see any patterns.You probably do something similar...what do you do?

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