The immediate MF Global impact is winding down. Got my custom trading platform working with a new broker the week prior, and finally got my '60%' with that broker. I'm restarting at 'half' strength wrt number of contracts traded, with a program for working back to my plan, say by the end of January at the latest.
Looking back I see I made 12 trades which is probably fewer than I should have. I played very cautiously, more to avoid losing and just get back into the swing of things. I feel like I really underperformed. Looking back versus the 'optimal' trade execution, i.e. once a trade is entered, what is the optimal way to finish it, I see I under performed by about 50%. My analogy is a hitter in baseball coming back to spring training trying to get their swing back. But then I look back at my goals in March, and I see I am actually on track in the sense that I made a 2%+ return on my diminished margin. It's actually pretty exciting how much my own expectations have changed the last few months. If I was at full strength, like I fully intend, that would have been 4% of the diminished margin, or 2% of the new 'virtual margin' I will be working off of going forward. Which is to say, I will not be keeping myself so over margined with cash at the broker in the future.
The most disappointing thing last week was the 'perfect' closing trade on the eighth. I was on the phone and entered the trade in simulator mode without realizing it. That would have been good for another 4%. Just have to get back into the groove.