I have summed up my trading performance for the year of 2006. Analyzed the amount of calls versus puts I traded and also the wins and losses on both. It's nice to be able to look back. My initial goal was to make $1000 at the end of the year, I reached that goal sooner than I thought (March). I must have underestimated trading options, then I raised the bar to make $10k by the end of the year. Unfortunately, I couldn't achieve that goal. However, I did manage to double my capital so I'm very pleased with year 2006. I look forward to another profitable trade in 2007 and will be trying a new system which I'll also be blogging here.
Okay, presenting 2006 trade analysis. Drum roll please......
Starting Capital = $2,100.28
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total %/Mth | -34.05 | +33.46 | +221.89 | -127.58 | +120.92 | +34.05 | +47.41 | +38.77 | -27.38 | -56.44 | +167.91% | -45.33% | +373.63% |
| Avg %/Mth | -17.03 | +5.58% | +55.47% | -18.23% | +30.23% | +11.35% | +11.85% | +6.46% | -13.69% | -14.11% | +33.58% | -15.11% | +31.14% |
| Cash Bal. | $2,035.39 | $2086.09 | $3,191.28 | $2,206.34 | $3,525.38 | $3,920.19 | $4,453.25 | $4,676.92 | $4,209.49 | $3,464.17 | $4,913.52 | $4,309.94 | +105.21%!! |
| Wins | 1/2 | 2/6 | 3/4 | 3/7 | 3/4 | 2/3 | 3/4 | 4/6 | 1/2 | 1/4 | 3/5 | 0/3 | 26/49=53% |
| Call wins/ No. of Calls | 1/2 | 2/3 | 3/3 | 2/6 | 2/3 | 2/3 | 2/2 | 3/4 | 0/0 | 1/2 | 1/1 | 0/2 | 19/31=61% |
| Put wins/ No. of Puts | 0/0 | 0/3 | 0/1 | 1/1 | 1/1 | 0/0 | 1/2 | 1/2 | 1/2 | 0/2 | 2/4 | 0/1 | 7/19=37% |
Total profit for the year = 373.63%
Average profit for the year = 31.14%
Increase in cash balance for the year = 105.21%!!!
Technorati Tags: Options trading
Comments
Sure thing. Mail on its way
Sure thing. Mail on its way :)
How about the fact that on
How about the fact that on the Jason's website MOE advertised as it produces 60% per month ? Didn't you properly follow the strategy? Why only 105% per year?
Hi Rick,
Hi Rick,
Sorry for my late reply. I was away for vacation for about 10 days and got back to find 1700++ spam comments on my blog waiting for my approval. I had to swim through the amount of spam before I got to yours :)
So to answer your question.. first of all, I'm not sure where you got the 60% per month statistics, it is quite possible though. Secondly, the star trading system gives out numerous "stars" each day, and most of the time there'll be more than 1 that qualifies for that day. It's up to the trader to choose which star to trade. If you compare my trades with Jason, it's definitely different stock symbols. It's the same when you compare me with other star traders.
My 105% in 2006 was an increase based on cash balance, it was not based on my trades. For e.g., let's say.. cash balance $1000. I made a trade of $100 and profited $20, that's a 20% return. But my return based on cash balance is only 2%.
About Star Trading System
Hi, would you be happy to chat/talk about star trading system via email. I plan to purchase it by still a bit sceptical. Thanks!
Hi Josh,
Hi Josh,
Yes, it'll be a pleasure to chat to you about it.
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