during my best performance with this journal i generally held 3-4 companies. im done with this stupid all in plays, i did it on intel and get crushed and just did it on cat and am getting crushed. i was getting a little over confident and need to go back to what was working. in the mean time i need to manage this all in trade im in and figure out what i will do to try and ease the pain a little.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Investing Journal - T2S
- Thread starter Took2Summit
- Start date
Out cat 82.30, after thinking the problem wasn't cat so much. I go for high beta stocks and it did just that. The problem is I got impatient and got back into the market before believing it was about to turn around.
Quote from osho67:
I have not read the whole thread. Why dont you just concentrate on SPY. IWM, QQQ and may be DIA. CBOE has just introduced weekly options on 5-6 expiry dates in the coming months. Just like SPX.
I actually wanted to do that. my brokerage won't let me margin etfs though
positive psychology - today is payday and just pumped my account 2.5k
Initial deposit: 13,500
Account value: 25,065
No holdings currently. i sold CAT at the perfect time today as it's down $1.6 since about 2 hours ago when i sold it.
Initial deposit: 13,500
Account value: 25,065
No holdings currently. i sold CAT at the perfect time today as it's down $1.6 since about 2 hours ago when i sold it.
Just wanted to let people know I'm going to become much less active in this thread. I just bought 20 companies last Friday that I feel I could buy and hold forever. I love the new job the pay is great and I'm going to be able to save 50%+ of my income, but unfortunately it doesn't leave me with enough screen time during the day that I'd like. I didn't buy any of the companies on margin, so I may still do the occasional swing trade when I have strong conviction and I will probably post it here. I do intend to sell those companies and go back to swing trading at some point in like 3-6 months once I get more comfortable with my job and can have more screen time.
For shits and giggles I'll post my 20 companies here right now that I bought. I will still do weekly updates. And hopefully I find at least 1 good swing trade a week or so I can post in here from my margin.
Initial deposit: $13,000
Current value: $25,237
Current holdings:
ABT
AFL
CAT
GD
GE
GIS
HAS
IBM
ITW
JNJ
PEP
MCD
MDT
MMM
NKE
NSC
OXY
TGT
UTX
VZ
I get this is a trading forum and not a buy and hold forum. So I will only post when I do a swing trade with my margin.
For shits and giggles I'll post my 20 companies here right now that I bought. I will still do weekly updates. And hopefully I find at least 1 good swing trade a week or so I can post in here from my margin.
Initial deposit: $13,000
Current value: $25,237
Current holdings:
ABT
AFL
CAT
GD
GE
GIS
HAS
IBM
ITW
JNJ
PEP
MCD
MDT
MMM
NKE
NSC
OXY
TGT
UTX
VZ
I get this is a trading forum and not a buy and hold forum. So I will only post when I do a swing trade with my margin.
Put a big swing trade on OXY yesterday @78.06 Sorry for the delayed post but the forums were down for me or something.
Also wanted to update real quick on 2012:
Total return was 22.32% vs S&P 16%..pretty unhappy with this but I attribute most of it to being unemployed for 4-5 months and one bad trade in INTC where entire account took about a 10% hit..at any rate it was an outperformance albeit small at 6%.
For comparison in 2011 I did 23.84% vs S&P 2.11%.
I will be happy if I can average 20-25% a year, regardless of what the indecises do.
I'm hoping for a better 2013.
Sold ABT and ABBV in my buy and hold positions as I do not like the companies being split up.
Current account values:
Total deposits:$14,500 (added $700 last month)
Total value: $27,196
I am officially out of credit card debt and just moved into a much cheaper living situation and hope to be adding ~2000 a month to this journal.
Also wanted to update real quick on 2012:
Total return was 22.32% vs S&P 16%..pretty unhappy with this but I attribute most of it to being unemployed for 4-5 months and one bad trade in INTC where entire account took about a 10% hit..at any rate it was an outperformance albeit small at 6%.
For comparison in 2011 I did 23.84% vs S&P 2.11%.
I will be happy if I can average 20-25% a year, regardless of what the indecises do.
I'm hoping for a better 2013.
Sold ABT and ABBV in my buy and hold positions as I do not like the companies being split up.
Current account values:
Total deposits:$14,500 (added $700 last month)
Total value: $27,196
I am officially out of credit card debt and just moved into a much cheaper living situation and hope to be adding ~2000 a month to this journal.
Account value ended 1/11: $27,549
Total deposits: $14,200 (last weeks update was incorrect and I didn't notice before the 30 minute time period)
Still in big OXY swing trade, had a very nice week in OXY but it's still showing great signs.
Oxy is only trade I'm in atm aside from my buy and hold positions.
Total deposits: $14,200 (last weeks update was incorrect and I didn't notice before the 30 minute time period)
Still in big OXY swing trade, had a very nice week in OXY but it's still showing great signs.
Oxy is only trade I'm in atm aside from my buy and hold positions.
account value: $28,040
WoW gain: 1.78%
SPY WoW gain: 0.98%
total deposit: $14,200
still in my OXY trade. It's doing exactly what I was expecting. Hoping for a breakout next week to the 85-86 level where I will trim most if not all.
WoW gain: 1.78%
SPY WoW gain: 0.98%
total deposit: $14,200
still in my OXY trade. It's doing exactly what I was expecting. Hoping for a breakout next week to the 85-86 level where I will trim most if not all.
just sold OXY @ $83.58. I don't feel comfortable holding big positions through earnings and I am happy with the action I got on it.