JUNE 19th DAILY ACTIVITY and OVERALL PERFORMANCE
Covered all PLMD at 36.25 -2.35
Covered all NMTC at 21.00 +2.80
Bought 3/4 position CORV at 3.52
Bought 1/2 position FCEL at 49.96
Rare non-profitable day today, but pretty small.
GADZ and SONE were the only 2 stocks that went against me today.
I feel silly now not covering SONE yesterday after it dipped below my price target.
Greed is a terrible thing. lol
Btw, notice the non-volatility of my account, slow steady growth.
Remember this, portfolio preservation should the #1 goal of every investor.
Risk and money management can never be stressed enough.
Loss of ($7,710) or (0.40%) for the day.
Profit of $195,024 or 11.35% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,912,973
Portfolio is plus $412,973 or +27.53%
I am currently about even between longs and shorts, tiny to the short side.
(approximately 425K long and 467K short, 52% vs 48% to the short)
Portfolio is 47% invested
Total realized gains since April 28, 2001 are $454,741
In 36 trading days since inception I am averaging a gain of 0.76% per trading day. (annualized thats 190%)
28 out of 36 profitable trading days.
Link for Current Holdings:
siliconinvestor.com
The link above mirrors my personal portfolio exactly.
On April 28, 2001 the portfolio was valued at 1.5 million
A full position represents 6% of portfolio or $100,000
At the end of each month, I dollar cost average 1/2 my profits into value mutual funds.
The portfolio is managed like a hedge fund. (a mix of value longs and overextended, overvalued shorts)
I try to limit my loses to 8-10% maximum and most of the time much smaller, based on a full position.
Many Happy Returns
traderpulse.com;
Michail |
