Friday, January 31, 2020

January 2020 Profit/Loss Summary

I thought about writing a blog after a friend of mine pointed out that it would be nice to have a trade log about my trades for the month where it is updated month after month to show the P/L for each of the strategies that I use and what is the profit I accumulated from them.

I divided my trades in 3 ways. The free trades that I share throughout the day that are based on one strategy, Other Trades that are based on different strategies, SPX 0 DTE and SPX 7 DTE.

On the free trades I closed 20 trades, 16 wins and 4 losses with win rate of 80% and the win to loss ratio is 4.

On the other trades I closed 16 trades, 14 wins and 2 losses with win rate of 87.5% and the win to loss ratio is 7.

On the SPX 0 DTE trades I closed 12 trades, 9 wins and 3 losses with win rate of 75% and the win to loss ratio is 3.

On the SPX 7 DTE trades I closed 7 trades and they are all winners.

Total Trades for all Strategies: 55
Total Win Trades: 46
Total Losing Trades: 9

Total Win rate: 83.64 %

NOTE: I always send trade alerts for 1 contract for easy math and I show it on the Profit/Loss sheet as well as 1 contact but you are free and depending on your risk tolerance if you want to go more than 1 or no. And in the below spreadsheet  I show the result for 1 contract. I usually go more than 1 on any trade but I want to show the results based on 1 contract since then everyone can scale it up to their own risk tolerance. 

Here is the google sheet for January 2020 Trade log.

The Free Whatsapp group where I share the trades is open to anyone who would like to join.