Well it has been a very very bad month and I am getting badly beaten up by the market. I am taking a breather for the rest of the week (today and tomorrow) to try and start fresh on Monday. I am learning a thing or two about my system though:
- I have lost over 20R in October and gained almost nothing (about 2 1/4 R).
- my win ratio is down below 40% but my average wins in $ is still double my average loss which helps.
- so even though picking winners has been a complete failure, risk management has prevented me from going down in flames.
I guess that’s why STOP-LOSS is an appropriate title for this blog. Speaking of which, another title hit the limit today:
Type | Sym | Date/Price In | Date/Price Out | R-Mult |
TSN | 10/30/2006@14.54 | 11/02/2006@14.22 | -0.19R |