2014: The Battle for Survival

[neke]

Just checked the performance of SPY over the last one year. It is up 5.7%, while a broad market portfolio (I maintain) median performance is down 14%. Crazy AMZN, AAPL, FB, NFLX and TSLA are driving the market. Not sure where these will head to in the next six months.

 

[HobbyTrading]

Just checked the performance of SPY over the last one year. It is up 5.7%, while a broad market portfolio (I maintain) median performance is down 14%. Crazy AMZN, AAPL, FB, NFLX and TSLA are driving the market. Not sure where these will head to in the next six months.

Indeed, the S&P 500 has more or less become the S&P 5. This concentration on so few tickers might one day come as an unexpected surprise to many.
Congrats on your good Q2 results.

 

[Math_Wiz]

Indeed, the S&P 500 has more or less become the S&P 5. This concentration on so few tickers might one day come as an unexpected surprise to many.
Congrats on your good Q2 results.

True. Some creative soul should create a pseudo-index called the S&P 495 and post it somewhere on the internet, updated daily, so we can all get a better look at what the real world is doing.

 

[neke]

TSLA now at 1394 (after-hours). Getting ridiculous. Won't end well for some people.

Lost a little bit today on this, but not a whole lot.

 

[ironchef]

TSLA now at 1394 (after-hours). Getting ridiculous. Won't end well for some people.

Lost a little bit today on this, but not a whole lot.

@neke you have been at it since 1999, would you do it again if given the chance to redo?

Hope you have a good 2020.

 

[neke]

@neke you have been at it since 1999, would you do it again if given the chance to redo?

Yes, will do it again - maybe a little adjustment (which I craft all the time). Important thing is if the method makes gain in the long run. In prior times I could have had a colossal loss thru doubling down. Not any more.

 

[masterm1ne]

Lost a little bit today on this, but not a whole lot.

What was your TSLA play? It has been going parabolic up for several days now.

 

[neke]

@neke you have been at it since 1999, would you do it again if given the chance to redo?

Hope you have a good 2020.

Made some good coins on this (TSLA) today. More than made up for my loss the other day.

 

[neke]

Period Update 07/04/2020 - 10/04/2020
----------

Bad quarter, down 17K (13%)

Started on a terrible note the first month. Happy to recover some of the losses. Could have been much worse.

For 2020

Starting Balance: 123,272  Cumulative P/L: -34
Start Date  End Date       P/L   Withdrawal   Closing Balance

2020-01-04  2020-02-01    8,384        0      131,656
2020-02-01  2020-02-29  -52,889    1,450       77,317   
2020-02-29  2020-04-04   25,925        0      103,242
2020-04-04  2020-05-02    1,949   -3,100      102,091
2020-05-02  2020-05-29   17,774        0      119,865
2020-05-29  2020-07-04   16,069   -2,000      133,964
2020-07-04  2020-08-02  -24,110        0      109,854
2020-08-02  2020-09-06    4,342        0      114,196
2020-09-06  2020-10-04    2,522        0      116,718

 

[masterm1ne]

I don't have much weight here, but I found day trading to be a losers game. Predicting small squiggles and "good" looking intraday patterns is for pennies. Easy money is made holding out for a few days on strong stocks. The only way to make sure to capture that is to be in and waiting. I know little about your strategy, but know you do day options plays. Do you hold for multi-day swings? I have not had a down month since March, averaging down on positions on bad days and selling into good rallies. With your programming skills, you could probably do much better than me.