Archive for February, 2012

28 Feb 2012

Tuesday, February 28th, 2012

 

Realized P/L for this contract (ZS) = $-148.22   % Return = -1.99

 

27 Feb 2012

Monday, February 27th, 2012

No Trade, after a loss of connection.

 

Friday, February 24th, 2012

No Trade.

 

23 Feb 2012

Thursday, February 23rd, 2012

No Trade

 

22 Feb 2012

Wednesday, February 22nd, 2012

No Trade.

 

21 Feb 2012

Tuesday, February 21st, 2012

Realized P/L for this contract (ZS) = $-73.22   % Return = -0.98225

 

17 Feb 201

Friday, February 17th, 2012

Realized P/L for this contract (ZS) = $-210.72   % Return = -2.72

 

16 Feb 2012

Friday, February 17th, 2012

No Trade today.

 

15 Feb 2012

Wednesday, February 15th, 2012

Realized P/L for this contract (ZS) = $44.64   % Return = 0.58

 

14 Feb 2012

Tuesday, February 14th, 2012

No Trade

 

13 Feb 2012

Tuesday, February 14th, 2012

Realized P/L for this contract (ZS) = $-55.00   % Return = -0.76%

 

10 Feb 2012

Friday, February 10th, 2012

Realized P/L for this contract (ZS) = $-92.86   % Return = -1.19229

Strategy certainly counts! In the last two days the BEANS_TRADER TradeOnAUTO Lite strategy made nearly 14%!

 

9 Feb 2012

Friday, February 10th, 2012

It’s been a while since I last posted, but that is going to change!

First of all, here is the table of progress in the “Small Capital Project”:

 

 

As you can see, January turned out to be a pretty poor month as well, so we have ended up after two years with a 62.1% return.

Am I disappointed with that?

Yes, I am a little, because I believe it could have been much better. I was targeting 5% per month, and ended up averaging more like 2%. Still, at the end of the day, it was a good deal better than having the money in the bank!

I have been following daily trades in my business website www.tradeonauto.com, where I sell my automatic trading software. We have recently announced a new version of the software with considerably enhanced features. Because of this, I have decided to stop following my daily trade in this small capital project on the TradeOnAUTO website, and instead I will be following up to 8 separate strategies each day on that site.

Still, I think this project is interesting and I would like it to succeed – more so than it has at present. So I shall be posting the daily life trades in this small account back here on my personal website.

In doing so, I decided that I would make use of some of the new features in TradeOnAUTO to try and improve the results. So I have spent the last week and a half trying out various settings, and in the process have chewed through a fair amount of capital! So for now my starting capital is $7208.

To save my time each day, I will just blog the chart and the trading result. Here is today’s trade:

 

Realized P/L for this contract (ZS) = $89.28   % Return = 1.14626

The strategy I am using is a two-part approach. The system will enter a trade, but if that trade fails may enter a reverse trade. That is what happened today. It entered a long trade which failed to meet its target and was stopped out for quite a large loss. Fortunately, the reverse short trade was successful.

This account is really too small for this approach, so I have to take more risk than I am really comfortable with. That’s life! We will see how it goes…