Momentum Portfolios

Saturday, 14 December 2013

Buys/Sells for 2013-12-16

No Buys for any of the portfolios

P Taker Hold ARI

P Hybrid Sell CSL, GEM, & SGM

P Runner Sell ANZ, GEM (both), & IIN

Monday, 9 December 2013

Buys/Sells for 2013-12-09

As per previous post:

P Taker Sell BGA, CGF, GEM, HGG, SGM

P Hybrid Sell CGF, BHP, TLS

P Runner Hold all

Market switch is off, so no buys.

P Taker will go to 90% cash

It should be a good time to sell, as Friday was a 1% up day on the US Markets

Saturday, 7 December 2013

Open positions 2013-12-07

P Taker

P Hybrid

P Runner

There's going to be a lot of sells on Monday!

P Taker Sell BGA, CGF, GEM, HGG, SGM

P Hybrid Sell CGF, BHP, TLS

P Runner Hold all

Market switch is off, so no buys.

Sunday, 1 December 2013

Buys & Sells for 2013-12-02

P Taker sell OKN

P Hybrid sell STO

P Runner hold all

Buy BGA for P Taker & P Hybrid

I am thinking of closing P Taker soon, as it is definitely the worst performer of the 3 portfolios.

I may replace it with a new daily system which should give better entries & exits and also increase the trade frequency.

Other changes will be to initial equity to reduce brokerage drag, and the position sizing method will be changed from fixed sum to % Risk or % Volatility.

The trailing stop will change from trailing weekly bars to a close under the swing lows, and the trading universe will be increased to the entire ASX instead of just the All Ords.

Did I mention the price, volume & value filters too? :)

Am forward testing it at the moment & if it's an improvement over P Taker I plan on starting it from scratch after the Christmas holidays. Will also continue the best of the weekly portfolios for comparison.

Friday, 29 November 2013

Open Positions 2013-11-29

P Taker

P Hybrid

P Runner

Sells 2013-11-25

ANZ sold @ 31.80 DXS sold @ 1.06 EWC sold @ 0.42

RCR sold @ 3.27 SDG sold @ 1.46 STO sold @ 14.71

SGM bought @ 10.49

Sunday, 24 November 2013

Buys & Sells for 2013-11-25

P Taker: Sell ANZ, DXS, RCR, STO Buy: SGM

P Hybrid: Sell EWC BuySGM

P Runner: Sell SDG Buy SGM

Whilst the Australian Market is struggling compared to the US Markets there is one Industry over here that is going well & that is Steel.

ARI that I bought last week is going well, other companies that I considered were FMG, BSL, AGO, MGX, SDL & BCI but decided on SGM as it gives a lower risk if I am wrong.

The only thing we can control as traders is how much we lose if we are wrong, we have no control over how much we may win.