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Archive for August 16th, 2008

Swing trading portfolio - Optrader

by Phil - August 16th, 2008 1:33 pm

A very good month again in the portfolio: +41%! The swing trading portfolio is now up 626% since beginning, 5 months ago, without compounding.
All trades were posted live in the comments and in the portfolio and most of them were simple calls or puts.

During the month we closed 22 trades. 13 (59%) of them were winning trades and 9 (41%) were losses.
Total wins were 20.18R
Total losses were 6.55R
Average win was 1.55R
Average loss was 0.72R

Expectancy is (59%X1.55R)-(41%X0.72R)=0.62R
This means that on average we should expect on each trade a profit of 0.62R.

Our expectancy decreased significantly compared to previous month (was 1.84R last month). This is due to the fact that we did not have any big winners. Average win was only 1.55R this month. The reason is that it was a very choppy month and we had to take profits fast when we saw them. We also traded less (22 VS 31 closed trades), because of this choppy environment. Still very happy that we got a positive expectancy.

Hopefully next month we will be able to let more trades run. It started very well, as we have some opened trades right now such as AAPL and GOOG that we have been riding for a while.

Again, I want to thank everyone who has been participating in the comments. It feels that the group is becoming better and better every month and the discussions more interesting.

Live portfolio is posted below but live updates are only available to subscribers to the swing trading portfolio.

To learn more about the swing trading portfolio (strategy, membership etc.), please click here

- Optrader

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