September conclusions

I Stopped all trading activity on September 18th due to business and a holiday. Poor time to stop given the volatility in the markets currently, priorities are priorities.

I combined my fake and real trading results to give a better overview of the possibilities for the last month only. So some days were real and some days were fake. I have validated my fake trading methods to ensure that they would be reasonably accurate by applying the same entry exit pricing as I would normally get for a market order entry. I feel pretty confident that the results are indicative of what I might expect to see under similaar conditions.

So, over 11 trading days I saw a 1.66% daily average return on portfolio.
That is an 18.23% return overall.
Even the fake trades count the commissions so the numbers are net and beat my monthly target by 2.23% while only trading 11 of 16 days (1% per day, 4 days per week, 4 weeks per month)

I ran some checks on Wednesday and Thursday this week and I could have conservatively seen a 16.5% increase for those two days. Another month's worth and change.

I could get used to those kinds of returns, but I still only expect a real 1% return per day to keep me grounded in reality.

So my conclusions have me ahead of my goals. I will start back up with no fake trading next week and plan on sticking with 100 share trades for a bit.

I was lucky enough that the price of AEM is, or was yesterday, down around $50. It was starting to get pricey enough for me to change my position size to smaller to stay in the game with that stock. I will not change stocks mid stream right now as I would have to get familiar with a whole new one...not my idea of a good time in a volatile period of uncertainty as this.

So. October is the true trial by fire as I stick with my plan.

I ran the projections on my spreadsheets and they look really promising. I will get into that another day.

JD.