Saturday, February 29, 2020

February 2020 Profit/Loss Summary

This month I did not trade between feb 12 and 24 since I was on vacation but overall it was not a good month for me in trading because by the time I got back the downturn had already on the way and not a lot I could do but defend my positions when I could. 

I divided my trades in 4 ways. The free trades that I share throughout the day that are based on one strategy and I share these trades on the whatsapp group when I open and close the trades, Other Trades that are based on different strategies, SPX 0 DTE, SPX 5 DTE and SPX 7 DTE 

On the free trades I closed 16 trades, 15 wins and 1 losses with win rate for the year  86% and the win to loss ratio is 4.

On the other trades I closed 14 trades, 9 wins and 4 losses and 2 rolls with win rate of 79.3% and the win to loss ratio is 3.83 .

On the SPX 0 DTE trades I closed 4 trades, 3 wins and 1 losses with win rate for the year of 75% and the win to loss ratio is 3.

On the SPX 7 DTE trades I closed 4 trades and 1 loss and 3 rolls.

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 2020 Trade log.

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