2012-05-06

My Trade - 2012-05-W2

I am starting a thread as my trade journal to explain my medium to long term investment.  The following lists my positions up to Friday (yesterday):

Long Term - Big troop dolloar amount allocation:  TLT 25% EEM 25% cash 50%
Medium Term - Small troop stock holding:  TNA and FAS

If you have any question about short term trading or FX/Futures trading, please PM.

Note - The price action last week showed a very weak stock market.  It is so weak that the market could go to crash soon.  I will liquidate my stock holding if the market ever falls below the starting point of last up waves - the low of 04/23/2012.

14 comments:

  1. About the ETFs that I select for my trading, please see:

    http://perfectew.blogspot.com/2012/05/trading-etfs.html

    ReplyDelete
  2. If the market is staying at this area before close, I will liquidate my FAS from my small troop stock holding.

    ReplyDelete
  3. I have sold FAS (which was bot at opening last Friday) at market close with virtually no loss. Here is my portfolio as of today's close:

    Long Term - Big troop dolloar amount allocation: TLT 25% EEM 25% cash 50% (unchanged)
    Medium Term - Small troop stock holding: TNA

    ReplyDelete
  4. TLT is the parking lot for cash when there is no better place the cash can go. I guess that it could go up to 140.

    ReplyDelete
  5. EEM falled below 04/23/2012's low, so I liquidated my EEM. I also bot EDZ just now by using the fund in my small troop.

    ReplyDelete
  6. TNA fell below 04/23/2012's low, so I liquidated my TNA.

    ReplyDelete
  7. The selling of TNA (bot on 05/02/2012 at around $57) today realized a total loss about 8% of the stock price. The selling of EEM (bot on 05/02/2012) today realized a total loss about 4% of the stock price, and it is equivalent to the loss of 1% of the total fund in my big troop (4%x25%=1%)

    Here is my portfolio as of today's close:

    Long Term - Big troop dolloar amount allocation: TLT 25% cash 75%
    Medium Term - Small troop stock holding: EDZ

    ReplyDelete
  8. I bot FAZ just now by using the fund in my small troop.

    ReplyDelete
  9. If TZA can pull back to the gap formed on 05/03-05/04, I will buy some.

    ReplyDelete
  10. If TLT stays at around the current price before the market closes, I will buy more TLT with the fund in the big troop.

    ReplyDelete
  11. I bot more TLT at MOC (market close). Here is my portfolio as of today's close:

    Long Term - Big troop dolloar amount allocation: TLT 35% cash 65%
    Medium Term - Small troop stock holding: EDZ, FAZ

    ReplyDelete
  12. I will buy more TLT at MOC (market close).

    ReplyDelete
  13. I bot more TLT at MOC (market close). Here is my portfolio as of today's close:

    Long Term - Big troop dolloar amount allocation: TLT 50% cash 50%
    Medium Term - Small troop stock holding: EDZ, FAZ

    ReplyDelete
  14. No trade today for my long and medium term accounts. Here is my portfolio as of today's close:

    Long Term - Big troop dolloar amount allocation: TLT 50% cash 50%
    Medium Term - Small troop stock holding: EDZ, FAZ

    So far so good! :) If my wave count is correct, next Monday the market should gap down to start wave 3. Have a good weekend!

    ReplyDelete