Global Macro Trading Journal
- Thread starter Daal
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Quote from ralph00:
Out of euro short for a nice 60 pip gain - enough to take the kids out for oysters and steaks tonight.
I'm not yet ready to commit to a longer-term euro (or aussie) short at the moment but couldn't resist fading that pop on the NFP report.
What the bejeesus does this have to do with global macro trading? Maybe it's time for you to to start a "day trading for my kids' dinner" journal.
Well, I think you are making the right decision, but should just point out that the performance was not similar. From your own chart there:
6 month performance: AAPL 24.17%, WMT 21.69%, MSFT 17.6%
1 year performance: AAPL 33.9%, WMT 10.43%, and MSFT 8.75%
Personally I would not be satisfied missing out on a 20-25% outperformance over 1 year. I would try and figure out what I missed, rather than patting myself on the back.
A pointless post.
I haven't owned them for a year, so going back that far is irrelevant. I'm sure I didn't own dozens of stocks that were up 33% or far more last year. Are you lying in bed awake at night, unable to sleep because you didn't own CMG last year (+50%)?
I'm wildly pleased with the portfolio of value plays I bought last summer as the markets swooned - it's trumped the S&P's advance by a margin wide enough to drive a truck through. I would also add, that August 1 is not the date I sunk money into that portfolio. It was done over a period of time close to that date, with me adding to a few positions during the bigger swoons late that summer and into fall, so I'm pretty certain the return is even better. The best part is there was (in my mind) about zero risk of losing money when I bought these things. A lot of stocks have gone up a lot that I did not buy - some I nearly pulled the trigger on ... I apologize.
Can I add in my gains from shorting the AUD and EUR? It pretty much makes Apple irrelevant at that point.
Even Roubini is Bullish...
http://www.thetrader.se/2012/02/07/roubini-bullish/
SPX to test 1430 before the end of 1Q?
http://www.thetrader.se/2012/02/07/roubini-bullish/
SPX to test 1430 before the end of 1Q?
Quote from ralph00:
A pointless post.
I haven't owned them for a year, so going back that far is irrelevant. I'm sure I didn't own dozens of stocks that were up 33% or far more last year. Are you lying in bed awake at night, unable to sleep because you didn't own CMG last year (+50%)?
I'm wildly pleased with the portfolio of value plays I bought last summer as the markets swooned - it's trumped the S&P's advance by a margin wide enough to drive a truck through. I would also add, that August 1 is not the date I sunk money into that portfolio. It was done over a period of time close to that date, with me adding to a few positions during the bigger swoons late that summer and into fall, so I'm pretty certain the return is even better. The best part is there was (in my mind) about zero risk of losing money when I bought these things. A lot of stocks have gone up a lot that I did not buy - some I nearly pulled the trigger on ... I apologize.
Can I add in my gains from shorting the AUD and EUR? It pretty much makes Apple irrelevant at that point.
You said the 3 stocks performed the same, when in fact they performed quite differently. All I did was point out the inaccuracy. Don't want to be corrected? Then don't post things that are blatantly false, pretty simple!