I don’t post daily results anymore, it’s not very meaningful and just adds to stress during drawdowns. But Here’s a snapshot of my total R return since August last year. Note the Jan – Feb chop/drawdown that I mentioned before. I then made some changes to my trading to adapt to the new environment. I included last year’s data mainly so it’s easier to see the Jan-Feb period in context. Also note that I was on vacation for most of December (only worked for 4 days) and Nov/Jan weren’t full working months either. The graph was generated using Stocktickr.

I’m also trialing Market System Analzyer which offers a wide array of statistics and position sizing simulation tools. Here are a few interesting stats for data since Jan 2007.

• Total Number of Trades: 731
• Profit Factor for all trades: 1.669
• Percent Profitable: 39.67%
• Max Number Consecutive Wins: 7
• Max Number Consecutive Losses: 11
• Win/Loss Ratio: 2.538
• Worst Case Drawdown (%) Equity Value: 5.922%

I’m very far from trading in the best way I can, both from a hard stats point of view as well as on a personal level. I don’t think it’s possible to trade in a 100% “optimal” way but there are certainly things I can and should continue working on. This is one of the fascinating and challenging aspects of trading, you never “arrive”, you just progress or regress.

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While browsing through QCharts features and indicators I came across an interesting measure which calculates the ratio between the Volume at Ask and Volume at Bid (more on this here).The premise is based on tape reading technique in which the health of the trend can be measured by looking at the strength (volume) of the traders sitting on the Ask (moving up) versus that of traders sitting on the Bid (moving down). QCharts may be a good application but the documentation is bollocks so I was looking online for some information on this feature and found this relevant Chat Transcript – Bid/Ask Analysis on EliteTrader.

So far I must say I’m quite happy with QChart, it has lots of features which I’ve never seen in any of the other charting apps I’ve used in the past.

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