Search results

both

Period Update for April (04/02/2016 - 04/30/2016) (4 weeks) Great month, up 94k (42%). Delighted to come back strong after a disastrous month of March. Was helped greatly by the earnings season throwing up opportunities here and there. I am particularly encouraged by the result of my decision...

Seems you sold the 30 puts. How much did you get? I am guessing about 10cents. So for 40 contracts, we are talking only $400. What is the total volume traded that day. I don't think $400 worth of option would be worth SEC investigation.

MBA? Not sure he kept his gains. Search for his old posts.

I looked at the bottom of that page, and it says: Barron's Top 100 Hedge Fund Avg 21.22 S&P 500 Total Return Avg 20.42 So the best 100 hedge funds on average are hardly beating the S&P? Why put money there then?

Period Update for March (03/05/2016 - 04/02/2016) (4 weeks) Forgettable month, down 37K (14%). Somehow managed to make what would have been a boring month remarkable. Much of that happened on the 15th of March. Shorted a stock at 56,covered at 51, making 10k, and when I saw it at 50 thought...

See the pre-market trades. No volume to support 3.56 you saw at 3500 shares. Quickly went back to prior close at the open

Given how tiny the company is (10m in market cap), the normal trading volume (just 60K shares a day), its huge 52-week range (1.50 - 19.75), and the actual move today (45%), I would say your fill is not unreasonable for a market order at the open. You realise this stock could easily be cornered...

Period Update for February (01/30/2016 - 03/05/2016) (5 weeks) Great month, up 57K (26%). A lot of opportunities in the first couple of weeks with the increased volatility. Preserved all of that thru the month. It was a transitional month in terms of restricting size to only qualifying MC+HC...

Updates are made on the week-end following the last trading day of the month

The major reason for my lacklustre performance last year had been the habit of doubling down into losers. This was also a problem even before last year, but my analysis of performance for last year brought it to the fore. It always ensured that my biggest sizes were in low quality trades. This...

Too early. If your strike was far OTM and your expiration just into 2016, its party time - I don't think you made it though.

Saw it down 28% yesterday evening. Never imagined it would come down to 45%. There appears to be a mass exodus from momentum names. My momentum index (AAPL GOOG AMZN PCLN NFLX FB BIDU CMG LNKD TSLA) is getting crushed.

Period Update for January (1/1/2016 - 1/31/2015) (4 weeks) Some reprieve from last month, up 11.5K (5.6%) Other than the positive addition, there is nothing to rejoice about my trading, as it was bedevilled with errors and violations. Many missed opportunities, and lots of volatility. I...

so what? Don't you have a life?

Actually I get $0.65 per contract at TDA + the $7 fixed ticket cost. I don't really play sub $1.00 options, so will not get much from trading with IB on options. Much of the option cost have come from the variable price (per contract cost).

For 2016, I am setting a "modest" target of 100K (50%). I am distributing them among the strategies as follows. The painful end to last year means confidence is very low right now, and I cannot set ambitious targets.

Not sure what his intention is, but if my assumptions are right (margin of 4 X your money) and you have 2% per month consistently with an original 10,000, my math is damn right!

The leverage is 4-fold means the return per month (all things being equal) is 8% on original. So after 5 years (60 months) you should have 10000 X 1.08 ^ 60 = 1,012,000. More than a million. Of course no withdrawals or taxes, and steady returns.

Less than 100% return with 55% draw-down (SPY) over the last 10 years. Not sure that is low-risk. Try and add leverage to that and see how it would have worked out with the draw-down.