Well for what it’s worth:
I’ve not done the “how much am I making” exercise for a while now. But figured I’d better download the transaction data because the transaction history starts dropping off from the beginning from three months back (and then I only have access to monthly statements which are in PDF format so I cannot do any calcs. on the data once that happens).
Well to my pleasant surprise:
I’m up either by 8% or 18% depending on whether I use my initial capital deposited or my now capital (as I was able to increase my capital about four weeks ago).
And the above includes those two debauched trades where the lot sizes were more than double than they should have been due to my error made. So if I normalize those two losses to what they SHOULD have been had I not screwed up:
Then I’m up either by 33% or 15% again depending on whether I use my initial capital deposited or my now capital (as I was able to increase my capital about four weeks ago as already noted).
And this is NET i.e. after all charges etc. (which I can tell you have been substantial since May).
Edit: for the sake of interest just worked out the value of the additional debits and credits e.g. dividends paid or received, interest paid or received, etc. etc. etc. Not actually material i.e. depending on which capital balance used in the calculation it’s either around 3.7% of capital or around 1.7% of capital. Certainly nothing to bother about.
But I do have to add this:
There have been relatively few trades with the TPS I’m afraid i.e. the bulk of the above to a VERY large degree has come from WIlder’s TBPS and pivots (and now as of late my intraday or day trading of the US Indices with TradeStation).
Makes it all kinda worth it then (the late nights and slog).
And one other thing that must be added here:
Since implementing risk based position sizing for this trading system: lot sizes have been radically reduced from those days of simply estimating (thumb suck) what they should be for any given trade. The reason that this is important: I’m no longer entirely sure if this trading system is indeed going to be good for my quoted 5% - 10% per month on average as has been stated numerous times on this thread. I know @Spudfan has done some extensive testing and based on his extensive testing I could be wrong in making my last statement. And I’m not about to go back historically to see if I’m right or wrong. I do know that for some or the other very obscure reason: this may very well have been the quietest three months for this TBPS trading system i.e. I don’t remember ever having this few trades with it in the last five years. I was pretty much either long or short at any given point in time but that’s not been the case this year for some or the other reason.
In closing this post:
I’ve FINALLY managed to get my act together and reverse engineer RSI. I shall be implementing this from now on with this trading system. It may result in lesser profits on those trades when price immediately reverses. But for sure it will keep you in those trades where a trend develops i.e. no longer will you be sitting on your hands watching what WOULD HAVE BEEN hugely profitable trades passing you by.