JULY 27th DAILY ACTIVITY and OVERALL PERFORMANCE
Shorted 1/2 position HLIT at 15.20
Covered all AFCI at 24.15 -1.65 in pre-market
Covered all AMGN at 60.60 -2.60
Covered all AEOS at 27.95 +1.75
Covered all VRTA at 12.50 +.15
Covered all ROOM at 51.00 +2.10
Covered all EXPE at 50.44 -.54
Covered all PHTN at 37.85 -4.85
Sold all BZH at 72.51 -1.50
Sold all ERICY at 4.90 +.41
Sold all WCOM at 15.08 +.53
Small losing day, as I closed numerous positions getting ready for the TradePulse transition.
All my hedge longs really helped cushion my portfolio, as many of my shorts went higher.
Btw, notice the non-volatility of my account, slow and steady growth.
Remember this, portfolio preservation should the be #1 goal of every investor.
Risk and money management can never be stressed enough.
Loss of ($8,091) or (0.38%) for the day.
Profit of $72,911 or 3.52% for the week.
Profit of $308,097 or 16.79% for the month of July.
Overall Performance since April 28, 2001:
Portfolio value is $2,143,623
Portfolio profit is +$643,623 or +42.91%
Approximately 1127K shorts and 182K longs, 86% vs 14% to the long side.
Portfolio is 61% invested of cash. (hate using margin)
Total realized gains since April 28, 2001 are $697,286.
In 63 trading days since inception I am averaging a gain of 0.68% per trading day. (annualized thats 170%)
45 out of 63 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.
On long-term pos shorts I am significantly more lenient towards losses. (proper allocation is a must on these)
Many Happy Returns
traderpulse.com;
Michail |
