Friday, April 27, 2012

End of Week 2

I ended week 2 at $5,406.06. Thursday and Friday were both loss days. The loss on Friday was exacerbated by the major bid-ask spreads that I had to pay for starting the Week 3 spread. Lesson learnt - start at least one hour before market close.

Also the ordering of the trades has to be structured so that each trade has sufficient buying power. In one of the trades, I did not have enough buying power as there were more open positions in $ terms than closed. So the order has to be (a) execute open trades, (b) create new trades. Each trade needs around 15 minutes for execution, so total with calculations I need around an hour.

Also, this is the plot of the daily market value of the trades for the past two weeks (baseline as before is $5,000):


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