Kenny,
I applaud your ability to close your account and take a step back to understand your strategy, but out of curiosity have you gone through a detail analysis of the trades during those downslops and account for any unusual activity out of your norm?
This is something I do during terrible parts of my trading- I thought its a good practice as it really does help identify some of the major reasons- although I do not know you trading method personally, if its decently mechanical I would go through each trade one by one and set up a list of environment factors along with trading decisions factors.
Quote:
Originally Posted by Kenny Rogers
Last week was just terrible. Sigh. My hare account was flying high, and then it hit some unfavorable market condition...sucks. I posted the balance chart of my Hare Account since the start of the month. I wish I could have stopped earlier when I was actually up. Right now, I have shut the Hare Account strategy down, and need to re-evaluate what I'm doing.
Account #1 Summary:
Deposit (Inception April 08): 20 000.00
2008 PnL: +20 3XX.xx
2009 PnL: + 3 6XX.xx
Account #2 Summary:
Deposit/Withdrawal: 10 000.00
2009 PnL: 0
Tortoise Account Summary:
Deposit (Inception December 08): 5 147.29
2008 PnL: + 6XX.xx
2009 PnL: + 4XX.xx
Hare Account Summary:
Deposit (Inception January 09): 5 000.00
2009 PnL: - 1 0XX.xx
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