Ed’s Monthly Portfolio Summary for February 2014   Leave a comment

I know I dropped the ball big in February, and it was all due to forgetting my own daytrading rules. The only bright side to February was my long-term 401k portfolio outperformed all my benchmarks. Here are the results:

Ed’s Overall: -1.59%
Ed’s IRA: -7.47%
Ed’s 401k: +6.00%
S&P 500: +4.31%
ACWI (all-world index): +5.20%
Nasdaq: +4.98%

In my 401k, Disney (DIS) was my big winner:

DIS: 8.20 to $80.81 ( 11.29% , 28.74% overall)– bought at $62.77
GOOG: 34.68 to $1,215.65 ( 2.94% , 39.20% overall)– bought at $873.31
HYG: 0.03 to $94.46 ( 0.03% , 0.03% overall)– bought at $94.43
JTP: 0.28 to $8.07 ( 3.59% , 1.77% overall)– bought at $7.93
MSFT: 0.47 to $38.31 ( 1.24% , 3.93% overall)– bought at $36.86
SAN: 0.41 to $9.05 ( 4.75% , 4.75% overall)– bought at $8.64

In my IRA, my daytrades were profitable 5 out of 7 times, but those two losses were huge. Overall, my daytrading lost 5.05%. As I stated in my comments about those losses, I broke a valuable trading rule with those two losing trades: When the circumstances that cause you to make a trade no longer exist, you must sell. It’s a painful lesson, but those are the most memorable kind.

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Posted March 5, 2014 by edmcgon in 401(k), Daytrading, Investing Education, Portfolio

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