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O. Young Kwon
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O. Young Kwon, NYU Ph.D. in Economics had worked in securities industry for ten years as a Registered Investment Adviser. He taught Macroeconomics and Statistics. Prior to his academic career, he was an Economist/Bank Supervisor at the Bank of Korea (the Fed's counterpart). In 2009 he set up the... More
  • Daytrading: TANER APP (IV) 0 comments
    Jan 1, 2012 6:12 AM

    Trade cycle decleases while life cycle increases. How many days between buy dates and sell dates of our trades are trade cycles which tent to shrink recently. If trade cycles become zero, we call them daytrades.

    Daytrade was so popular several years ago. It was a fad in the investor world: Many naive ambitious traders sat on computers, and trades all day. They were misguiided by seminars and gurus with fancy charts and track records. Most daytraders ended up loosing their lifetime savings.

    Daytrades in this post are quite different in their features. They are simply byproducts of daily tradings to follow the TANER Momentums or to make gains in a very near term with some Leveraged ETFs/ETNs.

    This year 43 daytrades have been made. The average profit was 1.6% and the average two-way commissions was just $3.63. The follwong two tables show the results.

    Daytrading (2011) Sotrted by Trade Date

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(NYSE:L) %

    #DAY

    CMG

    1/13/2011

    221.00

    1/13/2011

    227.05

    $0.00

    2.7%

    0

    BIDU

    2/7/2011

    118.75

    2/7/2011

    119.62

    $5.90

    0.5%

    0

    CENX

    2/16/2011

    16.68

    2/16/2011

    17.42

    $5.90

    4.1%

    0

    VXX

    2/28/2011

    30.09

    2/28/2011

    30.27

    $5.90

    0.3%

    0

    XIV

    3/7/2011

    127.79

    3/7/2011

    130.29

    $5.90

    1.6%

    0

    NFLX

    3/28/2011

    239.80

    3/28/2011

    239.92

    $5.60

    0.0%

    0

    BIDU

    6/2/2011

    132.81

    6/2/2011

    137.53

    $0.00

    3.6%

    0

    SSO

    6/23/2011

    48.93

    6/23/2011

    49.58

    $0.00

    1.3%

    0

    UYG

    6/23/2011

    58.55

    6/23/2011

    58.95

    $0.00

    0.7%

    0

    CMG

    8/9/2011

    295.00

    8/9/2011

    301.06

    $0.00

    2.1%

    0

    MCD

    8/9/2011

    84.28

    8/9/2011

    85.96

    $0.00

    2.0%

    0

    NFLX

    8/9/2011

    231.35

    8/9/2011

    237.00

    $0.00

    2.4%

    0

    MDY

    8/11/2011

    146.98

    8/11/2011

    150.51

    $0.00

    2.4%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $4.92

    0.1%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $2.45

    0.1%

    0

    MCD

    8/17/2011

    87.01

    8/17/2011

    87.48

    $4.92

    0.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.48

    $2.46

    0.5%

    0

    DLTR

    8/18/2011

    62.51

    8/18/2011

    64.46

    $5.90

    2.8%

    0

    VNQ

    8/24/2011

    54.44

    8/24/2011

    55.25

    $5.90

    1.1%

    0

    YUM

    8/26/2011

    51.68

    8/26/2011

    52.88

    $5.90

    1.9%

    0

    CMG

    10/4/2011

    287.10

    10/4/2011

    299.95

    $0.00

    4.5%

    0

    CMG

    10/21/2011

    319.40

    10/21/2011

    328.55

    $0.00

    2.9%

    0

    NFLX

    10/25/2011

    75.00

    10/25/2011

    77.64

    $5.90

    3.0%

    0

    DIA

    10/27/2011

    120.69

    10/27/2011

    121.46

    $5.90

    0.1%

    0

    BEN

    11/3/2011

    104.55

    11/3/2011

    106.67

    $0.00

    2.0%

    0

    WMT

    11/8/2011

    58.05

    11/8/2011

    59.34

    $0.00

    2.2%

    0

    AMZN

    11/11/2011

    212.25

    11/11/2011

    217.27

    $5.90

    1.9%

    0

    FAS

    11/15/2011

    62.83

    11/15/2011

    65.23

    $5.90

    3.3%

    0

    UPRO

    11/16/2011

    59.19

    11/16/2011

    60.75

    $5.90

    2.1%

    0

    DDM

    11/21/2011

    53.17

    11/21/2011

    53.88

    $5.90

    0.9%

    0

    UWM

    11/25/2011

    28.89

    11/25/2011

    29.45

    $5.90

    1.4%

    0

    AMZN

    12/1/2011

    191.25

    12/1/2011

    197.16

    $0.00

    3.1%

    0

    IBM

    12/6/2011

    190.82

    12/6/2011

    193.31

    $5.90

    0.9%

    0

    AMZN

    12/7/2011

    191.19

    12/7/2011

    194.35

    $0.00

    1.6%

    0

    BEN

    12/9/2011

    97.10

    12/9/2011

    98.74

    $5.90

    1.3%

    0

    JPM

    12/9/2011

    32.59

    12/9/2011

    33.15

    $5.90

    1.3%

    0

    UPRO

    12/12/2011

    56.45

    12/12/2011

    57.11

    $0.00

    1.2%

    0

    TVIX

    12/13/2011

    40.77

    12/13/2011

    43.38

    $5.90

    5.9%

    0

    TVIX

    12/16/2011

    37.18

    12/16/2011

    37.61

    $5.90

    0.6%

    0

    TVIX

    12/19/2011

    37.91

    12/19/2011

    38.70

    $5.90

    1.6%

    0

    FAS

    12/20/2011

    57.25

    12/20/2011

    59.22

    $5.90

    2.9%

    0

    PRGO

    12/23/2011

    100.28

    12/23/2011

    101.00

    $5.90

    0.2%

    0

    BEN

    12/29/2012

    94.61

    12/29/2012

    95.83

    $5.90

    0.8%

    0

            
     

    TOTAL

    43

    TRADES

    AVG

    $3.63

    1.8%

    0

     

    Daytrading (2011) Sotrted by Ticker Symbol

    SYMB

    B DATE

    B PRICE

    S DATE

    S PRICE

    COMM

    G/(L) %

    #DAY

    AMZN

    11/11/2011

    212.25

    11/11/2011

    217.27

    $5.90

    1.9%

    0

    AMZN

    12/1/2011

    191.25

    12/1/2011

    197.16

    $0.00

    3.1%

    0

    AMZN

    12/7/2011

    191.19

    12/7/2011

    194.35

    $0.00

    1.6%

    0

    BEN

    12/9/2011

    97.10

    12/9/2011

    98.74

    $5.90

    1.3%

    0

    BEN

    11/3/2011

    104.55

    11/3/2011

    106.67

    $0.00

    2.0%

    0

    BEN

    12/29/2012

    94.61

    12/29/2012

    95.83

    $5.90

    0.8%

    0

    BIDU

    2/7/2011

    118.75

    2/7/2011

    119.62

    $5.90

    0.5%

    0

    BIDU

    6/2/2011

    132.81

    6/2/2011

    137.53

    $0.00

    3.6%

    0

    CENX

    2/16/2011

    16.68

    2/16/2011

    17.42

    $5.90

    4.1%

    0

    CMG

    1/13/2011

    221.00

    1/13/2011

    227.05

    $0.00

    2.7%

    0

    CMG

    8/9/2011

    295.00

    8/9/2011

    301.06

    $0.00

    2.1%

    0

    CMG

    10/4/2011

    287.10

    10/4/2011

    299.95

    $0.00

    4.5%

    0

    CMG

    10/21/2011

    319.40

    10/21/2011

    328.55

    $0.00

    2.9%

    0

    DDM

    11/21/2011

    53.17

    11/21/2011

    53.88

    $5.90

    0.9%

    0

    DIA

    10/27/2011

    120.69

    10/27/2011

    121.46

    $5.90

    0.1%

    0

    DLTR

    8/18/2011

    62.51

    8/18/2011

    64.46

    $5.90

    2.8%

    0

    FAS

    11/15/2011

    62.83

    11/15/2011

    65.23

    $5.90

    3.3%

    0

    FAS

    12/20/2011

    57.25

    12/20/2011

    59.22

    $5.90

    2.9%

    0

    IBM

    12/6/2011

    190.82

    12/6/2011

    193.31

    $5.90

    0.9%

    0

    JPM

    12/9/2011

    32.59

    12/9/2011

    33.15

    $5.90

    1.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $4.92

    0.1%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.13

    $2.45

    0.1%

    0

    MCD

    8/17/2011

    87.01

    8/17/2011

    87.48

    $4.92

    0.3%

    0

    MCD

    8/17/2011

    86.84

    8/17/2011

    87.48

    $2.46

    0.5%

    0

    MCD

    8/9/2011

    84.28

    8/9/2011

    85.96

    $0.00

    2.0%

    0

    MDY

    8/11/2011

    146.98

    8/11/2011

    150.51

    $0.00

    2.4%

    0

    NFLX

    3/28/2011

    239.80

    3/28/2011

    239.92

    $5.60

    0.0%

    0

    NFLX

    10/25/2011

    75.00

    10/25/2011

    77.64

    $5.90

    3.0%

    0

    NFLX

    8/9/2011

    231.35

    8/9/2011

    237.00

    $0.00

    2.4%

    0

    PRGO

    12/23/2011

    100.28

    12/23/2011

    101.00

    $5.90

    0.2%

    0

    SSO

    6/23/2011

    48.93

    6/23/2011

    49.58

    $0.00

    1.3%

    0

    TVIX

    12/13/2011

    40.77

    12/13/2011

    43.38

    $5.90

    5.9%

    0

    TVIX

    12/16/2011

    37.18

    12/16/2011

    37.61

    $5.90

    0.6%

    0

    TVIX

    12/19/2011

    37.91

    12/19/2011

    38.70

    $5.90

    1.6%

    0

    UPRO

    11/16/2011

    59.19

    11/16/2011

    60.75

    $5.90

    2.1%

    0

    UPRO

    12/12/2011

    56.45

    12/12/2011

    57.11

    $0.00

    1.2%

    0

    UWM

    11/25/2011

    28.89

    11/25/2011

    29.45

    $5.90

    1.4%

    0

    UYG

    6/23/2011

    58.55

    6/23/2011

    58.95

    $0.00

    0.7%

    0

    VNQ

    8/24/2011

    54.44

    8/24/2011

    55.25

    $5.90

    1.1%

    0

    VXX

    2/28/2011

    30.09

    2/28/2011

    30.27

    $5.90

    0.3%

    0

    WMT

    11/8/2011

    58.05

    11/8/2011

    59.34

    $0.00

    2.2%

    0

    XIV

    3/7/2011

    127.79

    3/7/2011

    130.29

    $5.90

    1.6%

    0

    YUM

    8/26/2011

    51.68

    8/26/2011

    52.88

    $5.90

    1.9%

    0

            
     

    TOTAL

    43

    TRADES

    AVG

    $3.63

    1.8%

    0

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