OT - Trading Stats Beginning about 6 months ago, I began trackin' a little more closely the real-time trades I've posted on this thread. 98% were ST AMAT dark-side plays. FWIW, here are the stats from November-02 to date:
Time Frame Trades W/L Profit/Loss Avg P/L
Nov-Dec-02 88 85% $ 70,230 + $ 798 + Jan-03 44 79% $ 1,020 + $ 23 + Feb-03 20 71% $ 13,035 + $ 652 + Mar-03 26 87% $ 12,830 + $ 493 + Apr-03 33 81% $ 23,450 + $ 711 + 2003 Total 123 80% $ 50,335 + $ 409 + 6-Mo Total 211 82% $ 120,565 + $ 571 +
(currently holding AMAT 5,000 shares short @ $14.19)
Grinding out the scalps on a regular basis has netted some decent relative returns over the past few years, but what I'd really like to do is cut down on the time I spend with the process. I continue to sit with a significant sum of sidelined cash waiting for the bull to return. I've dipped my toes in the LT waters twice in the last year, but both times ended up closing out the portfolios. I continue to fear the market will go lower. I truly enjoy the ST trading and will probably always participate at some level, however, I'm really looking forward to the day when I can turn in my bear suit and do more serious investing!
AdvocateDevil |