JUNE 25th DAILY ACTIVITY and OVERALL PERFORMANCE
Shorted 1/2 position HOMS at 33.94
Shorted 1/3 position SLAB at 19.95
Covered all NETE at 27.70 +1.80
Covered all AEOS at 37.85 +1.65
Bought 1/2 position PLT at 19.00
Another extremely boring day, ended (-$44) LOL
ALOY, WEBX and CORV the only 3 stocks that went against me significantly today.
I am not really looking to start new positions heading into FOMC meeting, unless something special or very short term.
I just dont have a good feel for what will happen post FOMC, but do think we will see 25 bps cut and a selloff.
Btw, notice the non-volatility of my account, slow and steady growth.
Remember this, portfolio preservation should the #1 goal of every investor.
Risk and money management can never be stressed enough.
Loss of ($44) or 0.00% for the day.
Profit of $2,468 or 0.13% for the week.
Profit of $185,977 or 10.83% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,903,926
Portfolio is plus $403,926 or +26.93%
Approximately 214K longs and 611K shorts, 26% vs 74% to the short.
Portfolio is 43% invested
Total realized gains since April 28, 2001 are $443,882.
In 41 trading days since inception I am averaging a gain of 0.66% per trading day. (annualized thats 164%)
30 out of 41 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 |
