MrBuzz's Swing Trading Forum
This is a swing trading forum. What is a swing trader? A trader that leans both ways in the markets (both long and short) based on current assessment of the market.
A swing trader doesn't fall in love with stocks and trades them as a "thing" that is rented for a period of time. If the position doesn't move the swing trader's way, it is exited and assumed to be wrong.
Everything in this thread is called the way I see it. I am a firm believer in technical analysis along with a dose of fundamentals. While I am definitely not always right, I try to be. As long as the upside gains are greater than the losses, positive results come out of it.
I am a firm believer in money management. I don't use fancy rules of asset allocation but rather keep things simple.
Portfolio Notes
* Assumes $1,000,000 starting equity
* 2:1 margin
* CASH.X is the cumulative sum of all closed positions since March 23, 2003
* To get the total portfolio value since inception:
Total portfolio value = $1,000,000 + CASH.X
Examples:
CASH.X = $250,000
Total portfolio value = $1,000,000 + $250,000 = $1,250,000
CASH.X = $-100,000
Total portfolio value = $1,000,000 - $100,000 = $900,000
- Stocks marked with negative shares (in red) are shorts. Otherwise they are long.
- If there are no open positions, I am fully cash and the account value is the total portfolio value. Funds available is two times the portfolio value.
- I will use margin under discretion based upon how strongly I feel about market direction.
- Total %Gain/%Loss in portfolio manager has a bug in it. It doesn't calculate short positive percentages correctly. So the portfolio won't reflect the true %Gain/Loss in the entire portfolio. Thus, use CASH.X as a guide.
- I will periodically post my feelings on the markets and what I feel about the positions that are currently held. I will not dazzle you with technical/fundamental babble as many other do to confuse or pretend to be a guru in. The market is always the true know-it-all and I don't pretend to be one. I simply trade what I see.
Disclaimer:
At times I may own stocks mentioned in this thread. I will not be held liable or responsible for your trading decisions. |
