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QQQQ

Started by David Randolph, January 02, 2006, 04:30:02 PM

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KCScott

Quote from: Terlisa on January 08, 2006, 02:01:42 PM
I also agree resetting the 3SOF portfolio....start a new a journey :)


Same here.

Let's see what 2006 produces on it's own merit
Those that think money can't buy happiness, don't know where to shop

phabrux

That would be a great idea, resetting the 3SOF portfolio with 100 000$ and let's hope it will perform in 2006 the way it did last year, with tree digits on fire as a return!

Happy trading all!

irod

Like it's been said before, the cash value really doesn't matter. What matters is the % of our portfolio we invest in each stock per David's money management guidelines, be it $10,000, $100,000, or $275,495.21. But resetting the portfolio performance to track 2006 is definitely the way to go.

phabrux

irod I agree with you,

in theory your are right
but since david agreed to take in account the fee per trade(10$):---->10$+10$=20$

Tot capital(100%)    2 Trades fee of 6,66%Cap       % fee           
      1 000$                  66,66$  - 20$                  -30.0%               
    10 000$                666,66$  - 20$                    -3.0%
  100 000$             6 666,66$  - 20$                    -0.3%

Also, I guess 100 000$ is easy to manipulate too.                 

irod

True... in my opinion it's irrelevant tho, everyone should account for their own portfolio sizes and trading fees, not Dave. I pay $3 per trade for unlimited shares. It's not like when you see the news on TV you see "AAPL is up 5%! But only 4.8% considering fees!". Either way works though I guess. I'm more interested in 3SOF as a stock picking service and it's performance as such, than it's portfolio and trading fee management.

David Randolph

No problem at all with reseting, but I think it is more accurate if we just put the 2006 performance, starting January 1st 2006, along with the performance since inception on April 2005.

I can't reduce my commitment from $286,000 to $100,000 since I'm investing for the long term, not to take out money for other activities or to spend. We'll have the two numbers.

Thanks for the suggestion, I believe after lunch Ramsburg will work on this, probably it is easy to do  :)


shawFund

Quote from: David Randolph on January 09, 2006, 10:25:10 AM
No problem at all with reseting, but I think it is more accurate if we just put the 2006 performance, starting January 1st 2006, along with the performance since inception on April 2005.

I can't reduce my commitment from $286,000 to $100,000 since I'm investing for the long term, not to take out money for other activities or to spend. We'll have the two numbers.

Thanks for the suggestion, I believe after lunch Ramsburg will work on this, probably it is easy to do  :)



Yes, no need to reduce the account value. Keep growing.
We can have both figures displayed: total return since inception and returns since January 1 2006.

phabrux

Irod,
can you tell me which  broker is asking 3$ par trade?
Is the deal link with a maximun  number of shares, or without limitation?
Thanks

422fwhp

I never saw were you closed this trade???  Did I miss something?

Jody

metro

Quote from: phabrux on January 09, 2006, 02:03:51 PM
Irod,
can you tell me which broker is asking 3$ par trade?
Is the deal link with a maximun number of shares, or without limitation?
Thanks

Interactive Brokers  http://www.interactivebrokers.com/

Charges 0.05 cent a share with a minimum of $1

so for 500 shares the price is $2.50

for others like penny stocks they have a .2% of trade value max so as an example a 1 cent stock 200,000 shares is $2,000 so commission is $4


shawFund

May be today is the day to short QQQQ.

NASDAQ has gained 7 days in row and will have profit taking.

Good time to short.

metro

This just shows the Fibonacci retrace points and see how well they line up and how they called the recent short term top exactly. It does not work every time for many times for sure.



rickjust

hi,
look at the chart for the q's. last three candles are bearish. slow stoch and the rsi with a quadruple top, macd on a down trend. 50ma needs to come in line with the 200 day so i think some retracement is on the way this week. let's see.
maxi
p.s. ramsburg, there is a bunch of q threads here . can they be consolidated into one?
thanks

KCScott

Rick - Agree with the short of QQQQ - Watch SMH as the SOX will be the lead indicator for drop. Once the Q's fall, the SPY and DIA will soon follow.

This entire market is teetering on the edge - I'm 90% cash and the rest short in various issues
Those that think money can't buy happiness, don't know where to shop

rickjust

#44
just as i suspected ;)
maxi