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.

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

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.

http://www.youtube.com/watch?v=diEVmQZ1QfM

Learning to Love Investment Bubbles

Mebane T Faber

http://www.mebanefaber.com/2013/11/22/bubbles/

Open Positions 2013-11-23

P Taker

P Hybrid

P Runner

Open Positions 2013-11-18

Open positions after Monday's Buys & Sells including the ANZ dividend

P Taker

P Hybrid

P Runner

TAU

Why they should have taught us Tau not Pi at school

https://www.youtube.com/watch?v=jG7vhMMXagQ

Buys & Sells 2013-11-18

SEK sell in P Taker

GEM Buy for P Taker & P Hybrid

Open Positions 2013-11-16

P Taker

P Hybrid

P Runner

P Runner made a new equity high this week
Equity highs:
P Taker $56,972.33   2013-09-28
P Hybrid $62,144.37   2013-09-28
P Runner $68,822.67   2013-11-15

Open positions 2013-11-12

The last Open positions spreadsheet got mucked up either by streaming quotes or currency conversions.

The total Market Value was correct but the Holdings Gain column figures were wrong.

 This new portfolio snapshot is correct as of Monday's close

P Hybrid

P Runner

Buys/Sells for Monday 2013-11-11

No Sells
Buy ARI for P Taker & P Hybrid
The Small Ords & below are being sold off but the Larger Caps are still going up particularly in the Materials & Resources Sectors.
ARI pays good dividends,  is up the right end of town ASX 100 (Midcap 50)
 & is in the right sector  - Materials. Materials. Metals & Mining. Steel

Open positions 2013-11-09

2013-11-04  GEM sold @ 3.10  SDG sold @ 1.62  STO bought @ 15.21 

P Taker

P Hybrid

P Runner