Wall Street Time Shift Trader Journal

HomeForumsCommunityTrading JournalsWall Street Time Shift Trader Journal

This topic contains 1 reply, has 1 voice, and was last updated by ReviewTeam ReviewTeam 4 years, 8 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #1163
    ReviewTeam
    ReviewTeam
    Keymaster

    Wall Street Time Shift Trader Journal

    To The Best Of Our Knowledge This Service Is No Longer Available

    About This Journal

    Systems For Traders had to be rebuilt in 2013
    This system was on our Systems We Use list from Jan-2012 – Nov-2012
    This is a reconstruction of our journal including
    Key posts and comments from the original forum


    Members can post and subscribe to threads like this one

    And also receive an email every time we post a new review

    Click HERE to register for FREE

    #1166
    ReviewTeam
    ReviewTeam
    Keymaster

    ReviewTeam

    05-Feb-2012

    Our results for January were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +9 / -11

    • Percentage Of Profitable Trades = 42.86%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.13

    • Largest Drawdown = -14.00%

    • Average Per Month Return = +3.00%

    Suppose we had to expect a “blip” after 3 very good months and the decision to promote this to our Systems We Use list.

    A profit, all be it a small one to make it 4 consecutive months in a row and an average +12% a month for 5 minutes a day. The most worrying experience was the -14% drawdown (7 losers in a row). The 1:1.5 Risk:Reward we are using though meant that the 4 winning trades in a row after this almost made this much less painful.

    ReviewTeam

    05-Mar-2012

    Our results for February were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 20 / +9 / -11

    • Percentage Of Profitable Trades = 45.00%

    • Average Winning / Losing Trade = +2.80% / -2.00% (some slippage)

    • Profit Factor (Gross Profit / Gross Loss) = 1.14

    • Largest Drawdown = -8.00%

    • Monthly Return = +3.00%

    Our second month where we have seen a 3% return after 3 very good months at the end of last year.

    So, it’s still 5 consecutive months in a row and an average +10% a month for 5 minutes a day.

    ReviewTeam

    03-Apr-2012

    Our results for March were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +10 / -11

    • Percentage Of Profitable Trades = 47.62%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.36

    • Largest Drawdown = -8.00%

    • Monthly Return = +8.00%

    Our best month this year, +8.00%.

    That’s 6 consecutive winning months in a row with a return of 58.20%, an average +10% or so a month for 5 minutes a day.

    ReviewTeam

    15-May-2012

    Our results for April were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 19 / +6 / -13

    • Percentage Of Profitable Trades = 31.58%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.69

    • Largest Drawdown = -8.00%

    • Monthly Return = -8.00%

    After our best month this year with this system (+8.00%), this month we negated that return with our worst month this year (-8.00%).

    That takes our return over 7 months to 50.20%, around +7% a month for 5 minutes a day.

    ReviewTeam

    03-Jun-2012

    Our results for May were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +8 / -13

    • Percentage Of Profitable Trades = 38.10%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.92

    • Largest Drawdown = -15.00%

    • Monthly Return = -2.00%

    Two losing months in a row, albeit a small one, for Wall Street Time Shift Trader, -2.00% after -8.00% last month.

    That takes our return over 8 months to 48.20%, around +6% a month for 5 minutes a day. This is a return which is decreasing rather than increasing, we continue into June with this system.

    ReviewTeam

    01-Jul-2012

    Our results for June were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 18 / +8 / -10

    • Percentage Of Profitable Trades = 44.44%

    • Average Winning / Losing Trade = +2.90% / -2.10%

    • Profit Factor (Gross Profit / Gross Loss) = 1.13

    • Largest Drawdown = -11.00%

    • Monthly Return = +2.70%

    Losing streak brought to an end, after two losing months in a row we made a small profit this month of +2.70%.

    Our return now, over a 9 month period is 50.90%, around +5.5% a month, still the average return is decreasing rather than increasing, we continue to monitor.

    ReviewTeam

    08-Aug-2012

    Our results for July were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +7 / -14

    • Percentage Of Profitable Trades = 33.33%

    • Average Winning / Losing Trade = +3.00% / -2.20% (the latter due to gaps)

    • Profit Factor (Gross Profit / Gross Loss) = 0.69

    • Largest Drawdown = -11.50%

    • Monthly Return = -9.50%

    After 2 losing months and then a profitable month we hit a -9.50% drawdown in July.

    This brings our reduces return, over a 10 month period, to is 41.40% and reduces our average monthly return from around +5.5% a month to just over +4% – Our average return sadly decreasing rather than increasing.

    We continue to monitor.

    ReviewTeam

    10-Sep-2012

    Our results for August were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 22 / +8 / -14

    • Percentage Of Profitable Trades = 36.36%

    • Average Winning / Losing Trade = +3.10% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.87

    • Largest Drawdown = -12.30%

    • Monthly Return = -3.80%

    4 losing months out of 5 now for this system which started off the year so well – Perhaps now the summer break is out of the way the theory “time-shift” will come back into play with more success.

    Over an 11 month period our return is now 37.60% and our average monthly return continues its decline to less than 3.5% after being over 5.5%.

    We will continue to trade and report back.

    ReviewTeam

    07-Nov-2012

    Our results for September were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 17 / +5 / -12

    • Percentage Of Profitable Trades = 29.41%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.63

    • Largest Drawdown = -18.00%

    • Monthly Return = -9.00%

    Our results for October were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +9 / -12

    • Percentage Of Profitable Trades = 42.86%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.13

    • Largest Drawdown = -10.00%

    • Monthly Return = +3.00%

    Over the 2 month period that’s a net loss of -6.00% for us.

    Over the 13 month period we have been using this system our return has now been reduced to 31.60% and our average monthly return continues its sad decline – It is now just 2.43% a month. These figures of course include the hugely impressive 3 months at the end of 2011 (40%+ return) which would need to be repeated to return any kind of confidence in this system.

    It continues to be the case that anyone starting to use this system at the beginning of any month this year will be under water. Those starting at the beginning of April being the worst off, -26.60% based on our results to the end of October 2012.

    We were fortunate to participate in the flying start mentioned at the end of last year and we will, as promised, stick with this system until our bi-annual review of the Systems/Services We Use List, next due at the end of year. At this point we can say with confidence that it will be removed that list.

    ReviewTeam

    10-Dec-2012

    Our results for November were as follows:

    • Time period / Time-frame = 1 month / 30 minute

    • Time Traded = 13:00 UK Time

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 21 / +8 / -13

    • Percentage Of Profitable Trades = 38.10%

    • Average Winning / Losing Trade = +3.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.92

    • Largest Drawdown = -8.00%

    • Monthly Return = -2.00%

    Over the 14 month period we have been using this system our return has now been reduced to just under 30% and an average monthly return of around 2%. As mentioned previously these figures include the hugely impressive 3 months at the end of 2011 (40%+ return) so if we take those away its been a sorry year for this system. In fact its true that anyone using this system at the beginning of any month this year will be under water. Those starting at the beginning of April being the worst off, -26.60% based on our results to the end of October 2012.

    We were fortunate to participate in the flying start mentioned at the end of last year but based on the above paragraph we can now confirm we will no longer be monitoring this system (we will not trade it during December) and that it has been removed from our Systems We Use List.

    • This reply was modified 4 years, 8 months ago by ReviewTeam ReviewTeam.


    Members can post and subscribe to threads like this one

    And also receive an email every time we post a new review

    Click HERE to register for FREE

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.