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OldWarrior

OldWarrior
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  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    OK, In my effort to salvage this account, I violated the premises set forth in that I sold some positions well before the sell indicators hit. All I did was lock in losses. My RLP, (which I largely left alone) has already recovered most of it's losses without me doing a thing. This account would also be down only a few % if I had held those positions. I still believe I can turn this account around before the end of 2015 and hit my 10% profit target.
    Aug 27, 2015. 12:58 PM | 1 Like Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Certainly no longer #1
    (Repost from the other string)

    "I could not possibly have picked a worse week to be without a computer or internet access if I had done so in retrospect. I was out in rural Kansas helping take care of my wife's sister who has stage 3 stomach cancer. I had no time to go to someplace where I could even trade my RLP and lost literally thousands.
    I will start a new account as soon as I can, but will try to see if this one can be salvaged somehow. It will be a few days as I need to salvage my RLP first.

    I do not regret my losses, as taking care of my wife and her family was worth every penny. The money can be replaced, but my sister-in-law is worth far more, as was being there for my wife. "

    As for what got me ahead while trading, my secret is no secret. I simply traded off of the recommendations of Blockdesk.com. I will use the same strategy to try to salvage this portfolio, and will start a second one that will be a fresh start traded as if I had been able to attend to this portfolio.
    If I can even get this one back to zero, it will be a win.
    I had to chose between money and family, and my investment hobby will always lose big to my family in such times.

    She(my wife's sister) had just found out her diagnosis earlier in the week, and they removed her entire stomach, from esophagus to small bowel. To compound it, the surgeon had erred and tied off the blood supply to the segment of small bowel that he was using as a patch between the 2 segments, it died and he had to go in a second time to build a patch. We had tried hard to get her to go to a decent hospital for the surgery, but she refused and wound up with a small town "Part-Time" surgeon. As a result, he nearly killed her to start with, and his technique has almost certainly spread the cancer to other organs. He even opened up the tumor while it was still in her, thus spreading cells all over her peritoneum. Of course, the patient would never even think of suing him, he's "just too nice".<Shudder>
    I was there without internet or a computer for over a week, just got home Saturday. By then my accounts were in shambles.
    Aug 23, 2015. 11:13 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 133...... [View instapost]
    I could not possibly have picked a worse week to be without a computer or internet access if I had done so in retrospect. I was out in rural Kansas helping take care of my wife's sister who has stage 3 stomach cancer. I had no time to go to someplace where I could even trade my RLP and lost literally thousands.
    I will start a new account as soon as I can, but will try to see if this one can be salvaged somehow. It will be a few days as I need to salvage my RLP first.

    I do not regret my losses, as taking care of my wife and her family was worth every penny. The money can be replaced, but my sister-in-law is worth far more, as was being there for my wife.
    Aug 23, 2015. 11:02 PM | 4 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 132....  [View instapost]
    I'll be on the road for an unknown period of time. My wife's sister is ill and took a bad turn today. We'll be out in Kansas somewhere and I'm not sure if I'll even have broadband. I'll post upon return.
    Aug 14, 2015. 03:23 PM | 2 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Still no real BUY signals. Depending on what pops up tonight I may buy levered short ETFs if I buy any longs. That way I am hedging my longs if I buy the right short ETF for the sector I am going long on. I did that with significant success in my RLP over the last week.
    Aug 11, 2015. 02:56 PM | 3 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    I decided earlier in the week to sell my large positions so I could diversify. At the time, I held only 4 positions. It appears that I was fortunate to have gotten out when I did. Among my holdings was 300 JAZZ bought at ~175. Here is what I have traded to this point.
    ACHC -600 Market - Sell $78.11 8/4/2015
    8:41 PM Filled
    ALGN -600 Market - Sell $61.57 8/4/2015
    8:40 PM Filled
    JAZZ -300 Limit Order - Sell $194.04 7/31/2015
    7:40 PM Filled
    LGND -400 Limit Order - Sell $106.23 7/14/2015
    3:09 PM Filled
    STZ 400 Market - Buy $116.66 7/8/2015
    1:12 AM Filled
    LGND 400 Limit Order - Buy $96.96 7/8/2015
    1:08 AM Filled
    ALGN 600 Market - Buy $63.48 7/8/2015
    1:08 AM Filled
    ACHC 600 Limit Order - Buy $78.92 7/8/2015
    1:07 AM Filled
    JAZZ 300 Limit Order - Buy $175.70 7/8/2015
    12:38 AM Filled
    While I took small losses on 2, LGND and JAZZ more than made up for it. I plan on buying 5-6 stocks Friday, more if I can get the prices I want.
    I got really lucky on that JAZZ, as it dropped ~$10 since I sold. It was nice to pick up ~ $20/share in 1 month <g>.
    Aug 7, 2015. 02:05 AM | 3 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Up to this point I have been rather inactive in this C3. I did some research last night, and again today. I will be diversifying to ~10 stocks and we'll see how they work out. Details early in the week next week.
    Aug 4, 2015. 09:43 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 132....  [View instapost]
    I'll take that Bet IT. There are always ways to make money if you have disciplined price and Time sell targets along with the right buy signals.
    Aug 4, 2015. 09:39 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 130...... [View instapost]
    Be sure you read TQQQ's current holdings. When I last looked, they not only held the Index, but >7% of the fund was AAPL. That is on top of AAPL's excessive weight in the NASDQ. With AAPL Tanking, I would not be a buyer of TQQQ until AAPL stabilizes.
    Aug 4, 2015. 09:28 PM | 2 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Remember that part of the Oil Glut is the slowdown in China, and some is the expected addition of Iranian oil into the world markets. While both are probably more psychological than real, it also means that if the Iran deal falls through, Oil will rebound, at least short term.
    Aug 4, 2015. 07:41 PM | 2 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Are you looking at the same Challenge I am? I show:
    1 OldWarrior 69,104.45 191,941.00 250,000.00 261,045.45 4.42%
    2 cbowman 87,583.78 171,603.25 250,000.00 259,187.03 3.67%
    3 EconomicAnalyst 134,553.75 120,216.70 250,000.00 254,770.45 1.91%
    4 deercreekvols 8,423.78 246,007.50 250,000.00 254,431.28 1.77%
    5 CarltonRitz 85,796.02 168,160.00 250,000.00 253,956.02 1.58%
    6 interesting times 12,895.66 239,870.29 250,000.00 252,765.95 1.11%
    7 ceristeare11 106,002.03 146,539.00 250,000.00 252,541.03 1.02%
    8 lockbrain 166,277.65 85,915.08 250,000.00 252,192.73 0.88%
    9 NoBrainer 491.93 250,850.01 250,000.00 251,341.94 0.54%
    10 CoreFour 229.44 250,645.74 250,000.00 250,875.18 0.35%
    11 Stockoholic 130,281.73 119,575.91 250,000.00 249,857.64 -0.06%
    12 GoneFishing 253.31 249,282.18 250,000.00 249,535.49 -0.19%
    13 SecondGrader 326.64 248,947.92 250,000.00 249,274.56 -0.29%
    14 Stoopid 199,827.21 49,271.31 250,000.00 249,098.52 -0.36%
    15 Humteedumtee 52,540.00 193,984.00 250,000.00 246,524.00 -1.39%
    16 MadcapLaughs 9,639.22 236,660.00 250,000.00 246,299.22 -1.48%
    17 User7 72,709.43 173,563.63 250,000.00 246,273.06 -1.49%
    18 JohnBinTN 35,671.76 209,369.95 250,000.00 245,041.71 -1.98%
    19 MadcapLaughs-II 711.14 242,282.80 250,000.00 242,993.94 -2.80%
    20 OAG 178.81 236,565.00 250,000.00 236,743.81 -5.30%
    21 InterestingTimes2 50,379.94 185,770.00 250,000.00 236,149.94 -5.54%
    22 nocnurzfred 470.29 232,182.45 250,000.00 232,652.74 -6.94%
    23 FEDDUP 411.33 203,040.00 250,000.00 203,451.33 -18.62%
    24 rockysinn 1.44 184,613.20 250,000.00 184,614.64 -26.15%
    Aug 3, 2015. 05:55 PM | 2 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Their "Hat Trick" isn't quite complete yet. The ETF fund hit a wall the last couple down days.
    1 cbowman 6,899.91 117,743.30 100,000.00 124,643.21 24.64%
    2 JohnBinTN 613.50 123,108.70 100,000.00 123,722.20 23.72%
    3 OldWarrior 10,888.33 105,976.00 100,000.00 116,864.33 16.86%
    4 SunshineLollipop 4,104.25 110,610.98 100,000.00 114,715.23 14.72%
    Jul 22, 2015. 09:11 PM | 2 Likes Like |Link to Comment
  • POSTINGS FOR THE 3RD "IT MOCK PORTFOLIO" CHALLENGE.....CHAPTER 1 !! [View instapost]
    Current C3 Positions
    STZ 400 $116.66 117.92 $47,168.00 1.08%
    ALGN 600 $63.48 66.04 $39,624.00 4.03%
    JAZZ 300 $175.70 182.99 $54,897.00 4.15%
    ACHC 600 $78.92 80.58 $48,348.00 2.10%
    Jul 20, 2015. 06:33 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 130...... [View instapost]
    "even if China's government doesn't always tell the truth, they likely usually do tell the truth and would have no motivation to lie about something as insignificant as gold reserves."

    I hope you were just being sarcastic.
    What makes you think the quantity of China's gold reserve could be classed as "Insignificant"?
    The amount of gold reserve literally defines the value of a country's currency.
    Jul 20, 2015. 06:29 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter 130...... [View instapost]
    Al
    The question now is "Will Charles follow that precedent and abdicate since he also married a divorced commoner?"
    Jul 20, 2015. 06:25 PM | 2 Likes Like |Link to Comment
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