Another Bottom?

March 2, 2009

I had a great day, locked in some nice profits in the last 5 minutes or so. I am using prices in the table at close for convenience of calculation and the ability to look back for future visitors to verify.

ETF

Entry-Date

Entry Price

Exit-Date

Exit-Price

%P/L

SIJ

26-Feb

84.97

2-Mar

101.01

18.88%

EWV

26-Feb

102.19

2-Mar

113.15

10.73%

SJH

26-Feb

99.49

2-Mar

115.17

15.76%

EFU

26-Feb

127.85

2-Mar

141.66

10.80%


Down!

March 2, 2009

02.Mar.2009

List for this week, I entered these trades last week, I might start locking in some profits here today, instead of waiting for the stoploss to kick in.

ETF Entry-Date Entry Price Last-Price %P/L StopLoss
———————————————————————–
SIJ 26-Feb 84.97 89.55 5.39 83.30
EWV 26-Feb 102.19 105.72 3.45 100.39
SJH 26-Feb 99.49 104.46 5.00 97.60
TZA 26-Feb 72.28 80.50 11.37 73.46
EFU 26-Feb 127.85 135.18 5.73 126.30
——————————————————————–

Check complete history and details here.


$1000 – Question?

February 27, 2009

I was asked last night, if I were given $1000 a month. How would I invest it?

I would love to know what would you do?? Would love to hear some ideas!


Approach

February 26, 2009

The idea is to try and find ETFs with the maximum Momentum and Relative Strength.

This approach does not seem to work effectively with stocks as the volatility, over all market conditions and insider information could bring down a healthy stock in a short time. In other words it does not  seem to be a gradual process. These quick out bursts require constant round the clock monitoring.

Where as (as all of you know) when a ETF moves it means a particular industry/commodity/currency etc is showing strength.

I personally feel more comfortable with ETFs. This allows me the luxury to spend only a few minutes a day on trading.

I would rather be on the Golf Course!


Done?

February 25, 2009

TNA: This turned out to be a nice day trade

Entry: $16.66
Exit: $18.42

Profit: 10.56%

Stoploss – 24.Feb.2009

SKF – 181.79 – 14.90%
RFN – 60.34 – (-9.97%)

I left a lot of money on the table with SKF, and also lost money on RFN which could have been a profitable trade. I still haven’t lost faith in my method, as the key is to be able to do this with minimum amount of work. I am hoping I can trade with 5 to 10 min of work a day.


Work of Art

February 21, 2009

The Big Four Bear Markets

Source: dshort.com

One of the best charts I have seen in a long time giving us a macro perspective. May be we need to sit back and wait.


Big Day

February 19, 2009

Today was another historic day in the making. I can’t stress enough the importance of placing a stops. Today was a perfect example. Four of my five stop losses kicked in today. YES! I did leave some money on the table. But I think I have dogged a huge downside and locked in decent profits. Amounts where my stop losses  kicked in today.

  • DTO    234.02
  • SCO    53.68
  • SLV    13.82
  • DEE    95.76

My portfolio seems to good to be true. But it is real and simple, check the history I have been making posts before time.

You can find all related posts to “ETF Portfolio here.