RINO triggered stop loss and has been sold this morning:
01/15/2010 13:11:23 Sold 7 RINO @ 25.2
We all want to hear your opinion on the article above: No Comments |
RINO triggered stop loss and has been sold this morning:
01/15/2010 13:11:23 Sold 7 RINO @ 25.2
We all want to hear your opinion on the article above: No Comments |
Today I added Stryker Corp (SYK):
01/15/2010 09:30:17 Bought 15 SYK @ 55.98
We all want to hear your opinion on the article above: No Comments |
MED hit my stop loss trigger and has been sold this morning:
01/12/2010 09:30:49 Sold 16 MED @ 25.56
We all want to hear your opinion on the article above: No Comments |
New [tag]stock picks[/tag] this week:
none
Existing & new [tag]holdings[/tag]:
Symbol | Qty | Last | Gain($) | Gain(%) |
[tag]CTL[/tag] | 9 | 30.91 | -11.25 | -3.46 |
[tag]MED[/tag] | 16 | 30.91 | -5.59 | -1.12 |
[tag]RAX[/tag] | 37 | 21.85 | -19.24 | -2.32 | [tag]RINO[/tag] | 7 | 31.24 | 27.29 | 14.26 | [tag]TSTC[/tag] | 19 | 23.25 | 52.07 | 13.36 |
[tag]V[/tag] | 20 | 87.00 | 239.72 | 15.98 |
Contribution this week: $0
Current [tag]capital exposure[/tag]: -6.33%
New positions available to open: 0
Starting [tag]account value[/tag] = $2,231.94
Account value = $2,260.71 (without margin)
Buying power = $3,536.73
[tag]Portfolio Gain/loss[/tag] this week = 1.29%
[tag]Portfolio[/tag] Gain/Loss for JANUARY 2010 = 1.29%
Portfolio Gain/loss for 2010 = 1.29%
[tag]Annual Return[/tag] (CAGR): -18.70%
New [tag]stock picks[/tag] this week:
Bought 4.202 SWDSX @ 11.9
Bought 11.901 ATIPX @ 9.03
Existing & new [tag]holdings[/tag]:
NTF Mutual Funds |
Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Portfolio (%) |
AIGYX | 83.472 | 12.25 | 22.54 | 2.25 | 7.89 | 35 |
ATIPX | 83.332 | 9.07 | 23.67 | 3.23 | 7.43 | 26 |
HISIX | 26.918 | 7.48 | 1.35 | 0.67 | 5.00 | 7 |
SICNX | 27.290 | 7.57 | 6.58 | 3.29 | 4.97 | 7 |
SWDSX | 36.384 | 11.94 | 30.25 | 7.48 | 4.00 | 15 |
SWLSX | 29.814 | 10.03 | 30.11 | 11.20 | 1.63 | 10 |
Individual ETFs |
Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Portfolio (%) |
IGD | 29.0 | 12.34 | 1.16 | 0.33 | 11.90 | 100 |
Individual stocks |
Symbol | Qty | Last | Gain($) | Gain(%) | Div. Y(%) |
Portfolio (%) |
Account target and current allocation |
Individual stocks | 0 | 42% | 0% |
NTF Mutual funds | 2,919.74 | 38% | 89% |
ETFs | 357.86 | 20% | 11% |
Contribution this week: $150
Starting [tag]account value[/tag] = $3,240.72
Account value = $3,277.60
Dividends received in 2010 = $7.47
Portfolio dividends yield 2010 = 0.23%
Dividends received lifetime = $91.59
[tag]Portfolio Gain/loss[/tag] this week = 1.14%
[tag]Portfolio[/tag] Gain/Loss for JANUARY 2010 = 1.14%
Portfolio Gain/loss for 2010 = 1.14%
[tag]Annual Return[/tag] (CAGR): -6.57%
[tag]Portfolio Return[/tag] since inception: -18.57%
We all want to hear your opinion on the article above: No Comments |
On today’s crazy market jumping up and down AsiaInfo Holdings Inc. (ASIA) slipped down and hit my stop loss trigger. I sold my position in this stock today.
01/07/2010 13:08:11 Sold 25 ASIA @ 27.9406
We all want to hear your opinion on the article above: No Comments |
It is the end of 2009 year. We saw a lot on the market and the entire economy this year. We saw a recovery finally breaking up and we saw the market showing incredible growth providing spectacular gains that many investors and analysts could not believe in this trend and expected the market to fail. A few started recently accepting the trend and now they are recommending investing into stocks again.
It is the end of 2009 year. It passed so fast! I still cannot believe it is already over. Now, it is time to stop for a while, look behind, do some balancing and set new goals for upcoming year. I reviewed my last goals and tried to identify new goals for upcoming year. The goals I am going to talk about are only for personal finance and trading, not personal life, which is not your business guys.
When I looked back I must admit two things:
Let’s review, what my goals were a year ago:
- build my long term emergency fund and rise its balance back up to $5,000
- learn more how to invest into stocks and options successfully and make min. 20% profit on stocks
learn options to make min. $100 a month income
- My first goal is to learn how to enter and exit trading positions and how to properly evaluate stocks for potential investment by the end of August 2009. During this period I will use paper trading.
- My second goal is to eliminate losing trades and make smaller loss. Achieve 20% gain by the end of 2009.
- My third goal is to learn trading successfully so I can trade for a living by the end of 2011.
I definitely met my first goal and I have an emergency account with $5,000 in it. I learned how to invest into stocks, how to evaluate them, exit and entry positions, but failed to profit on it. It was unrealistic and too optimistic goal. Since my portfolio was in deep loss of about 30%, it would require 70% profit to end up with 20% gain as planned. Nevertheless, I was able to reduce the loss down to -14.5% for the year by almost 7%.
I completely abandoned trading options for now, because I wanted to focus on socks first.
Was the 2009 year a failure? Not at all! I actually think it was a great success, because I learned a lot of new things and I was finally able to establish a sound strategy of investing and trading. So what did I achieved?
I created long term goals and the plan for 2010 is a part of it. Let’s take a look at my long term goals.
To reach those goals I created a 5-year plan:
I want to focus more on my ROTH IRA account this year. I have read a lot of books about long term investing and the result of my readings was that the best strategy would be investing into dividend stocks. So with this account I am joining the dividend stocks club. Buying stocks paying dividends and then reinvesting them would boost my savings significantly.
Since I am still in accumulating phase my strategy for this year would be:
I will start another category about my ROTH IRA to show my progress in this goal.
In regards to my individual trading account I want to focus on learning. By the end of 2010 I want to learn better stock picking strategy, entry / exit strategy, create investing rules and learn defining my reasons for buying or selling stocks.
I have a money management plan, which does great job to me so far, but other aspects such as exact entry/exit rules and investing rules are still my weakness and I want to learn this better.
For 2010 I wish to accomplish the following with my individual trading account:
Dear fellow investors, I wish you a Happy New Year and a lot of success in the new year 2010.
We all want to hear your opinion on the article above: No Comments |
New [tag]stock picks[/tag] this week:
Telestone Technologies Corp. (TSTC)
Medifast Inc. (MED)
Existing & new [tag]holdings[/tag]:
Symbol | Qty | Last | Gain($) | Gain(%) |
[tag]ASIA[/tag] | 25 | 30.45 | 67.50 | 9.73 |
[tag]CTL[/tag] | 9 | 36.21 | 1.08 | 0.33 |
[tag]MED[/tag] | 16 | 30.58 | -10.87 | -2.17 |
[tag]RAX[/tag] | 37 | 20.85 | -56.24 | -6.79 | [tag]RINO[/tag] | 7 | 27.65 | 2.16 | 1.13 | [tag]TSTC[/tag] | 19 | 19.84 | -12.72 | -3.26 |
[tag]V[/tag] | 20 | 87.46 | 248.92 | 16.59 |
Contribution this week: $0
Current [tag]capital exposure[/tag]: -16.09%
New positions available to open: 0
Starting [tag]account value[/tag] = $2,416.96
Account value = $2,231.94 (without margin)
Buying power = $2,881.05
[tag]Portfolio Gain/loss[/tag] this week = -7.66%
[tag]Portfolio[/tag] Gain/Loss for DECEMBER 2009 = 4.46%
Portfolio Gain/loss for 2009 = -14.48%
[tag]Annual Return[/tag] (CAGR): -16.69%
It seems like the last week of 2009 was a big profit taking or crowd panicking for no reason. All my stocks were losing the whole week and almost erased all gains for December 2009. Last week my portfolio was gaining about 13.5% for the month, the best result I have ever had. This last year week erased it to only 4.5% gain. Better than nothing. However, this experience made me to adjust my loss control plan for the next year a bit. In my management loss control plan I calculate a potential risk for every trade. It is a potential loss to a stop loss order of every single position and I base my new positions allowance on this potential loss vs the total loss of the entire portfolio. This allowed me to open new positions even though some of the existing positions were showing potential loss. Next time I will open a new position only if the potential loss calculation indicates positive numbers or zero (no loss but breaking even or making a gain).
Dear investors, it is the end of 2009 year. Let me wish you the very best in the new year 2010 and a lot of success! Good luck in your investing or trading approach.
We all want to hear your opinion on the article above: 1 Comment |
Today I bought back Medifast (MED).
12/31/2009 14:31:53 Bought 16 MED @ 31.2594
We all want to hear your opinion on the article above: No Comments |
After [tag]Medifast Inc.[/tag] ([tag]MED[/tag]) has been sold today I got back to my computer to search what happened beneath the surface. Was there something wrong fundamentally with the [tag]stock[/tag] which just emerged on? I couldn’t find anything. At least anything, which would diminish the value of this stock as a [tag]long term investment[/tag].
The only news I was able to find is that the [tag]CEO[/tag] of the [tag]company[/tag], Michael S. McDevitt, sold 30,000 [tag]shares[/tag] on 12/28 at $35.30.
That’s it? This is what caused the sell off at so [tag]heavy volume[/tag] today so the stock lost more than 10% today? I couldn’t believe that professional [tag]traders[/tag] and [tag]investors[/tag] would dump the stock just because a CEO sold 30k of his holdings? The CEO sold ca 0.027% of the total shares held by [tag]insiders[/tag] and a little less than 10% of his own shares and the market panicked about it? I cannot believe it, unless there is something more which wasn’t published yet.
I would agree if CEO sold 50k or 100k of his shares (ca 300k total), than it would be a significant red flag. Today’s action when compared to the technicals and fundamentals of the stock confirms me that it was an action of the crowd of amateurs. I would even agree with profit taking, because the stock was climbing steep up for pretty long time and it raised from $6.5 to $30 per share which is impressive.
I checked the stock as if I would be buying it: its fundamental data, technical screening and I didn’t find any significant problem with the stock. When comparing weekly chart with daily chart I have a strong uptrend and this sell off is actually creating a buy opportunity. I am going to wait for confirmation either tomorrow or in January and if my analysis is correct I will buy this excellent stock back. If the technicals fail and the stock will continue falling I might try shorting the stock. But I will see either tomorrow or next year.
The only regretful thing is that I was stopped out by this panic, but rules are rules and since I cannot watch my holding as closely as I wish the trailing stop loss is my major exit strategy. However, I believe Medifast Inc. has a great potential for further growth and I am definitely going to watch this stock closely.
We all want to hear your opinion on the article above: No Comments |
Medifast sharply reversed today and hit my stop loss. The stock looks great and this seems to be a profit taking after long run. Now I will wait for either a reversal or short term short sell.
12/30/2009 13:36:14 Sold 19 MED @ 29.9606
We all want to hear your opinion on the article above: No Comments |
Recent Comments