01 March 2013

Feb2013 : Trend Following Rocks!

  • Not quite stellar like Jan13, but very satisfactory nevertheless.
  • Table shows P/L breakdown by contract as % of overall YTD P/L.
  • +'s : 61, 4, 4, 1, 8, 36, 3 (avg 19)
  • -'s : 1, 10, 6 (avg 5.66)
  • Avg + / Avg - : 3.3x
  • Max + / Max - : 6.1x
  • Much more disciplined trading since rule change after poor showing last year.
  • Jan13 star was USD/JPY (say 81 to 90.50 = +11.7% on base of 100).
  • Feb13 was GBP/USD (say 1.5750 to 1.5160 = +3.7%, but on bigger base of 237, thanks to Jan USD/JPY "foreign capital").
  • If I can keep the -'s to the same order of magnitude as the above, then I just need perhaps 2 more trend trades for the rest of 2013 to make this a good year.
  • Another significant milestone : Recovered all of 2012's losses.

3 comments:

Taichiseal said...

Actually the stats are a bit different from above (not materially) because half the EC loss was from EUR/GBP cross which itself was a breakeven trade. I do not trade RP futures directly because my Saxo account is single currency (USD) and I do not want to incur usury GBP funding charges. Hence for non-USD crosses, I will always put the 2 legs together vs USD myself.

Anonymous said...

Way to go! I am so proud of you for making back 2012's losses... inspirational!

Taichiseal said...

Massive sigh of relief!