Watering (灌水)

发表于 2012-11-27 11:26 PM
Every Trader Must Come To Terms With Losing ... Jim Rogers says,
"As you may have noticed, futures trading is a humbling vocation. every trader must come to terms with losing, because all traders lose. In fact, most traders lose most of the time. It`s the bottom line that counts - winning more than you lose. But since losses are unavoidable one other primary principle of trading is to limit your losses." - in Hot Commodities


发表于 2012-11-28 10:12 AM

Hkwave 发表于 2012-11-28 07:09 AM
Your trading style is very interesting. I see you have 3 portfolios. And you trade a few ETF eventhough they are correlated and going the same direction most of the time. What is the reason for this? Easier to apply risk management?

Hkwave - Most people believe that diversification is a good thing in managing portfolios, but I don't think that it has anything good except reducing risk. However, risk comes along with return, and an over-diversified portfolio does perform well because the stocks with positive alpha cancel out those with negative alpha. Also, since I am a TA purist, I don't reallly care anything about correlation or not as long as I manage the risk of each stock well. Furthermore, I prefer to trade ETFs instead of individual stock because ETFs have much less non-systematic risk than that of stocks.

What is the minimum fund for each of the 3 portfolios? How do you split them? Thanks.

I did not disclose the size of my portfolios, but you can see the weight of each stock. Each fund has its own target -
Big Troop targets on low risk long-term investment (1X ETF).
SAC Troop targets on medium risk short-term investment (3X ETF + individual stocks).
SOF Troop targets on high risk ultra-short-term trading (futures).


发表于 2012-11-28 10:34 AM
On Wednesday, November 28, 2012 9:17:17 AM UTC-5, snowrider wrote:
S ADBE $33.15 X
S XHB $26.12 X
On Wednesday, November 28, 2012 9:33:21 AM UTC-5, snowrider wrote:
Both stopped out


发表于 2012-11-28 11:41 AM
Yes, I bot at $26.41 and got stopped out at $26.12, so the loss was 1.1%. Since the allocation was 12%, so the whole portfolio loss was 0.1% for that trade.


发表于 2012-11-28 01:09 PM
(嘆口氣地說) 明明知道這個星期是震盪盤 ... 偶還是被打得七葷八素的


发表于 2012-11-28 05:05 PM
SLD ERY @ MOC


发表于 2012-11-28 08:40 PM
I am lost too! I am bullish in medium-to-long term, but I have no idea what the short term direction is.


发表于 2012-11-28 09:37 PM
今天做的還是不順 ... 過去這兩天手癢做的個股今天也都被洗掉了 - 只剩下 LULU ...
偶將偶目前的倉位跟同學報告一下:
Big Troop (大部隊基金):
- EEM 25% ($41.29)
- IWM 25% ($79.68)
- Cash 50%
SAC Troop (二砲部隊基金):
- LULU 12% ($70.51)
- Cash 88%
- SOF Troop (Special Operations Forces) (特戰部隊基金):
- ES (期指) long (1407.50)
- JY (日幣期匯) short (12163)