Unemotional thinking is a good thing for investors and traders alike. That is about the only sane thing you have ever said.
Meanwhile
% change in broad markets since Feb 17
trendvue.com
Your "special charts list":
trendvue.com
Question: Why have you not updated your "portfolio" values since April 23 when it showed a marginal profit (incorrectly calculated I might add) if 0.01%?
If one takes a simplistic view (as you have done on your web site) and merely averages out of the % profit and losses of each symbol, its a loss of -8.38%. But that approach is simplistic. A more realistic approach to evaluate performance, since you are skimpy on this, is to take the profit and losses generated by a constant position size, which is what I have done.
Here's the realistic appraisal, updated each day via links to live market data:
trendvue.com
Showing -22.23% total loss to date with some names running to > 20%, > 30% losses.
Another question for you - you keep basing your market forecasts on the DOW - all you ever talk about is the DOW, but the stocks you pick are never in the DOW nor influenced by the DOW. Does not compute. History confirms this.
% Change, DOW and other major indexes since early 2000. We know that the NDX/COMPX names broke down far faster than the DOW and SPX.
trendvue.com
In fact, I can show you other tech bear markets and corrections where NDX/COMPX lead the DOW down.
In summary, you have a forecasting methodology which is not appropriate for the stocks you seem to enjoy picking; and your only approach to dealing with losses appears to be to sit through them. Historically you've been wrong at major turns (calling for a massive break down in the market almost precisely at "the" bottom). And yet you still have not learned to, unemotionally, take an if / then / else approach.
A major market test is immediately before people and all you can say is "it will be fine".
Yes, indeed, the market may be fine, it may bounce and that bounce may hold. And if not? You have no comment other than "I will be in the lab". LOL
May. If. May not.
Good words to inject into your vocabulary. Try them sometime. |
