I just realized yesterday: we're in the month of July!
Let's do the monthly reports.
Before I get into the reports proper(s), let's take a look at something.
This month was a light trading month for me. I only did 4 trades on @TeamKujira FIN worth ~$1k, but I made ~$350 on that ~$1k.
How?
I was trading $KUJI at $1.2-per, but my average cost was 79¢-per!
Wow!
"Well, that's because you're lucky!"
That's one way of looking at it.
Another way of looking at it is this: keep at it, even if you can only do a little, like I did, for the cumulative impact of what you do become amazing over time.
Like it did for me.
#WAGMI
2024-06-14 @TeamKujira PnL Analysis
Number of days traded: 3
Average number of trades/day: 1.33
Average PnL/day: $121.521
Most active trading day: 2024-06-13 with 2 trades, pnl: $164.265
Most profitable trading day: 2024-06-13 with 2 trades, pnl: $164.265
Least profitable trading day: 2024-06-14 with 1 trades, pnl: $76.945
Analysis
Are you picking up what this report is putting down?
My LEAST PROFITABLE DAY EARNED ME $75 on $233 traded?!?!??
That's ... what? ... 34% PROFIT on that trade.
Do that elsewhere. It's possible. But do that elsewhere, consistently, like I do.
This isn't rocket science, folks. I know: I wrote mission planning software for satellites using ephemeris data and quaternions to calculate angles between different 3D-spaces.
This is nothing to that.
2024-06-14 @TeamKujira FIN order books: PnL
Profit: $364.563
Loss: $0.000
subtotal: $364.563
fees: $0.120
commission: $0.780
total costs: $0.900
Total profit (or loss): $363.663 on 4 trades
average: $90.916 per trade
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