Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (13854)	3/28/1998 4:40:00 PM
From: The Insider	Respond to of 53068

Dan: You may want to check out ORCTF. Could be due for a breakout.

To: Ron McKinnon who wrote (13854)	3/29/1998 4:16:00 PM
From: DanZ	Read Replies (3) \| Respond to of 53068

Personal trading statistics. I get asked from time to time how my personal trading account is doing so I thought I would share some statistics with everybody. These results are net of commissions, margin interest, and dividends. In other words, I subtracted commissions and margin interest and added dividends and capital gains. I have only been keeping detailed data in a spreadsheet since 1993 so that's as far back as I could go. I began entering dates for my trades in 1996 so I couldn't go back further than that for average holding period. 1993 to 1997 Dan: +423% S&P 500: +123% Difference: +300% Compounded annual rate of return 1993 to 1997 (I'm fairly certain that this is calculated correctly) Dan: 39.2% S&P 500: 17.4% Difference: +21.8% 1997 Dan: +19.7% S&P 500: +31.1% Difference: -11.4% 1998 YTD Dan: +130.2% S&P: +12.9% Difference: +117.3 Number of positions closed: 1996: 39 1997: 136 1998 YTD: 31 Best year excluding 1998 (YTD) was 1994: Dan: +49.8% S&P 500: +1.3% Difference: +48.5% Worst year was 1995: Dan: +8.7% S&P 500: + 37.6% Difference: -28.9% Average holding period: 1996: 46.8 days 1997: 33.1 days 1998 (YTD): 27.3 days Percentage of trades that are profitable: 1996: 82.1% 1997: 64.7% 1998 YTD: 80.6% A few comments...while I am disappointed with my return in 1997, I am very pleased with my results since 1993. The fourth quarter of 1997 was a tough one for me. I had been up 85% until September 1997 but got waxed in the big correction and only finished the year up 19.7% But with a gain of 130% so far this year, it has obviously been an exceptional year. Best of luck to everybody and happy trading. May our success continue! Dan