JUNE 21th DAILY ACTIVITY and OVERALL PERFORMANCE
Shorted full position AEOS at 39.50
Shorted 1/4 position CWON at 5.52
Sold 1/2 position GADZ at 14.00 -1.45 (still holding full positions)
3rd non-profitable day in a row, but small once again.
DLIA, BSML, and WEBX were the only 3 stocks that went against me today.
WEBX ruined a perfectly nice day.
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 ($12,744) or (0.67%) for the day.
Profit of $178,238 or 10.38% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,896,187
Portfolio is plus $396,187 or +26.41%
Approximately 204K longs and 841K shorts, 20% vs 80% to the short
Portfolio is 55% invested
Total realized gains since April 28, 2001 are $424,308
In 38 trading days since inception I am averaging a gain of 0.70% per trading day. (annualized thats 175%)
28 out of 38 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 |
