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Comments on TraderFeed: A Quarterly Performance Review for Traders





Updated: 2016-08-14T03:34:09.589-05:00

 



Dear Dr. Brett,Thanks again for a post that is mos...

2008-05-09T15:48:00.000-05:00

Dear Dr. Brett,

Thanks again for a post that is most helpful to me.

I moved into full-time trading in December, and have found the transition from 'part-time' trading much more difficult than I imagined it would be. The first two months, it was fear that I hadn't anticipated would manifest itself. I've overcome that, but I continue to struggle with stops, and this gets me into trouble every few weeks.

I'm striving to get to the point where my trading rules become 'habits' that require little effort, as per one of your other posts this week, but I'm not there yet.

I do keep a variety of thorough records (a daily journal w/charts, a trade log w/monthly P/L, a log with daily equity balances and a weekly P/L chart) but despite all that, just beginning to work through your performance review has brought information to light that I was not 'seeing.' I look forward to continuing to work on it over the weekend, and I've jotted down reminders in my calendar to keep it up as each quarter comes to an end.

Thanks again for all the information you so generously share!



It might be useful for every trader to perform the...

2008-05-08T06:24:00.000-05:00

It might be useful for every trader to perform the following exercise, each and every month:

List their returns for the month, last 3 months, last 6 months, last 12 months, last 24 months (and annualized), etc., all the way back to their inception of trading.

It takes just moments a day to update a spreadsheet with this information.