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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (6812)5/6/2000 8:24:00 PM
From: Wizard  Read Replies (1) | Respond to of 39683
 
Congrats Thomas,

of course if you had just put it all in exactly 12 months ago and played golf, your $6,650 would now be worth $100k (15x), with your full 2x leverage.

l-t cap gains rate would take you to ~$82k net.



To: Dr. Stoxx who wrote (6812)5/6/2000 8:36:00 PM
From: Dr. Stoxx  Respond to of 39683
 
ADDENDUM:

All profit/loss quotes on the trading updates have $20 round-turn commissions taken out.



To: Dr. Stoxx who wrote (6812)5/8/2000 8:06:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
BVSN UPDATE:
Starting date: 3/24/2000. $6650 margin account; 200 shares per trade.

Buy-and-hold purchase price: 66.5

Note: trades 1 through 5 are backtested.

1. Short: 66.5 to 45.25 = $4230
2. Long: 45.25 to 47 = $330
3. Short: 47 to 47.75 = ($170)
4. Long: 47.75 to 43.5 = ($870)
5. Short: 43.5 to 48 = ($920)
6. Long: 48 to 53.88 = $1156
7. Short: 53.75 to 47.5 = $1230
8. Long: 47.56 to 44.75 = ($582)
9. Short: 44.75 to 31.25 = $2680
10. Long: 31.375 to 36.25 = $955
11. Short: 36.1875 to 34.25 = $368

THE FOLLOWING TRADES ARE AT 400 shares per trade:

12. Long: 34.25 to 32.5 ($720)
13. Short: 32.375 to 35.625 ($1320)...ouch...serves me right for going to 400 shares (damn greed!)
14. Long: 35.75 to 44.625 $3532...YES!!
15. Short: 44.5 to 48.5 ($1620)...NO!!
16. Long: 48.5 to 44.625 ($1570)
17. Short: 44.5 to 48 ($1420)
18. Long: 48 to 47.125 ($370)
19. Short: 47 to 46.88 $30
20. Long: 46.75 to 46.88 $30
21. Short: 46.75 to 46.88 ($72)
22. Long: 46.625 to 47.88 $482
23. Short: 47.88 to...

Total profit (closed trades only): $5428 (81.6% return)

Buy-and-hold: 28% loss!