In a post in his wonderful blog today, Dr. Steenbarger asks the question
"Are you aware of the distribution of your returns?"
And I'm embarassed to reply, no I don't (or I didn't). Fortunately, I've been keeping very careful records of my daily results since last August, so I cut that data out of my spreadsheet, stuck it into Matlab and came up with the following histogram for 2010 so far (58 sessions). This represents the daily percent change in my net trading account balance (ie. I have accounted for commissions and fees):
Viewed as a graph over time, we see:
Overall, this isn't too bad. There are more up days than down days, and dispite one disasterous day (on 2/4, the day the Dow dove 271 points), this was still good enough to put me up 8.65% for the year. This isn't bragging or anything, just a point of reference. I'd be interested in hearing how that compares to other traders so far this year.
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