JUNE 29th DAILY ACTIVITY and OVERALL PERFORMANCE
Shorted 1/2 position MONE at 20.50
Shorted 1.50 positions MONE at 22.75
Shorted double position FBCE at 6.90
Shorted full position DLIA at 7.41
Shorted 1.50 positions DTHK at 7.85
Shorted full position VWPT at 9.00
Shorted 3/4 position IINT at 8.00
Covered all TARO at 88.55 -1.05
Sold all LBRT at 8.65 -.85
An amazing day to say the least. I will never forget this one. NAZ is a scam!!! LOL
Ended today with my biggest loss on SI and biggest loss in over 2 years.
End of quarter manipulation reached an all time high. LOL
MONE, CWON, and DLIA were the big losers for me today, thanks to an extended hour session.
But at least it provided some amazing entries for some new shorts at EOD.
Btw, notice the non-volatility of my account, slow and steady growth. (EXCEPT TODAY!!!)
Remember this, portfolio preservation should the #1 goal of every investor.
Risk and money management can never be stressed enough.
Loss of ($60,021) or (3.17%) for the day.
Loss of ($65,932) or (3.47%) for the week.
Profit of $117,577 or 6.84% for the month of June.
Overall Performance since April 28, 2001:
Potfolio value is $1,835,526
Portfolio is plus $335,526 or +22.37%
Approximately 152K longs and 1,634K shorts, 9% vs 91% to the short.
Portfolio is 97% invested of cash.
Total realized gains since April 28, 2001 are $417,568.
In 44 trading days since inception I am averaging a gain of 0.51% per trading day. (annualized thats 127%)
31 out of 44 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 losses to 8-10% maximum and most of the time much smaller, based on a full position.
Long-term pos shorts I am significantly more lenient towards losses. (proper allocation is a must on these)
Many Happy Returns
traderpulse.com;
Michail |
