Saturday, July 11, 2009

Portfolio Update 07/11/09

Investing Period June 1st to July 11th

Portfolio Performance to Date = 4.25%
XIRR = 20% (for a period of 2 months)

Lessons Learn

Portfolio management
1. This marks 2 months of Investing (started on May 12)
2. Etrade Now upgraded to 9.99 per trade. Differences between Absolute Profit lose and with commission getting lesser.
3. 3 stocks instead of 4 stocks seems to be doing better.

Buying
4. Buying only on breakout and on strong reversal seems to be a good strategy.
5. Have to stop buying stocks when it has increased too fast up.
6. Buy stocks on the "bullish accumulation trend", where there is a previous period of strong accumulation. (Riding the wave!)
7. Dont pay a premium for stocks that are too illiquid.

Selling
8. Still do not know the best time to sell stocks. For now, just stick to +20%, or when -8%.
9. Sell stocks on strong weakness and/or distribution

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