October 2021 (Month #60)
Total Trades: 42 (YTD 554 Trades)
October Absolute Gain (Loss): +$36,889.7
October Month Nett Dividends: -$398.31
Cumulative Return: +321.24% (Annualized: +33.97%)
Win Rate: 40.5% (YTD 38.74%)
Gain to Pain: 1.15 (YTD 1.22)
Profit Factor: 1.69 (YTD 1.93)
October Month Kelly Criterion/10: 0.53% (YTD 0.73%)
October Month Return: +3.03% (YTD: +38.40%)
Monthly Standard Deviation: 9.38%
Sharpe Ratio 1.05 (From 1.03)
The work I have done this month should have come earlier. I spent almost 50+ screen hours on compiling 500 over trades year to date and have noticed at least 54 mistakes made (that is an incredible over 10%!) Would definitely implement a trade review process every half year to refine every past 6 months processes to tighten up my performance metrics.
I have participated in US Investing Championship 2021 (USIC 2021) about a year ago (a real money verified competition that famed legendary traders, including Paul Tudor Jones, Dr. Edward O. Thorpe, Marty Schwartz, Tom Basso etc), and am currently in the top 15 in rank among the 300 over entrants. I took this challenge to push and set a new threshold, and indulge in a full professional year of trading processes to compliment my wfh lifestyle.
https://sg.finance.yahoo.com/news/2021-united-states-investing-championship-123000988.html
Have a good November month start folks!
