Trading Performance-October 2017
October 2017 was not good for my trading activity. The market kept whipsawing between rises and falls, and though the Bank Nifty on which I primarily trade went up 4 % in the month, I suffered a considerable drawdown.
Here is a table showing my trading performance relative to other benchmarks.
As you can see, my trading performance has resulted in a nearly 25% fall in the overall return in the last 3 months, of which 14% was in October alone. I do hope the tide changes soon.
Overall though, I am still ahead of all other benchmarks for the year. This is the nature of the trend following trading game. Huge outperformance for brief periods, and then steady attrition in returns for long periods. Hopefully, it means that you come out ahead of the investment pack in the long run.
However this large volatality in trading returns makes me more and more inclined to include options strategies as part of the trading mix. i am currently engaged in developing the technical expertise to analyse and develop Options Trading Strategies. It will take a long time, perhaps as long as a year or two. But I convinced that that is the way to go.