You Review Your Trades, What About Your Performance?

• Posted by Greg Harmon
• on February 3rd, 2012

Many people review their trades. If you do what do you look at? Many people I know keep a trade journal or diary, with hand written notes on how they played a particular trade, how the stock they traded reacted, entry and exit, and some qualitative assessment. But over longer periods of time you can also perform some quantitative analysis on your performance. Here are some things I am looking at using the Dragonfly Capital Views Portfolio since inception September 14, 2011 through last night, to determine how my risk management, trade design and execution are working to refine the sweet spot of my trading (100bp = 1%).

Number of Winners vs Losers

Contribution from Winners and Losers

Performance by Trade Duration

Distribution of Trades by Performance Against Portfolio

Yes that is up 63.8% since inception 4 and a half months ago. This includes only trades that have been closed out. There are some stinkers still open that will reduce this a couple points by February Expiry in two weeks. But it tells me that the risk management techniques used to create trades with high reward to risk ratios and with solid protections taken are working. There are places that could be improved, of course. Reviewing deeper the trades that lost and were more than 2 weeks long for example. If you would like to see the details behind these trades send me an e-mail through the contact page above. I will have updated data tonight, been quite active today.

If you like what you see above sign up for deeper analysis and trading strategy by using the Get Premium button above. As always you can see details of individual charts and more on my StockTwits page.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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