Verisimi

Good trading .... although for your fund shouldn't you assume long and just post when you decide to reverse short for a while? Otherwise this is just futures daytrading ....
 
I have to say I don't agree with the good trading, although I still have the 2% edge over the SPX. I went down twice with the market and those were the opportunities to gain the edge. In real life a stop loss would have been used, I guess...

Yes you are right, there should be less trades, like 4-8 a months or so, but I get bored and also volatility increased. I should be making 1-2% over the market monthly...
 
Quote from Pekelo:

Selling 1 unit at 1406, still long with the other...

Just added another .5% edge over the market...
More...

How are you est. your "edge" over the market?
 
Well, the difference between the market's and my performance. If the market is YTD down -1% and I am up 1.5% then my edge is 2.5%. Since 14 or so point is 1 %, and I made 6 points with that averaging down, I added a little less than .5% to my edge...

Also please consider there is a built in 4% edge because of the money in the bank...So even if I just perform exactly the same by year's end, I still outperformed the market by 4%....

That is the whole point of this thread. Outperforming the market in the simplest way...

Selling at 1413.50
 
A quick summary: I am up 20.5 points (about 1.5%) YTD and missed the Bernanke rally, by going flat before the Fed's announcement last week. Thus I gave back about 1 % of my edge over the market. Market is up about .5% YTD.

Going long at 1433
 
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