Ed’s Full Portfolio Summary for March and the 1st Quarter 2014   2 comments

Overall, it was a bad March for me:

Ed’s Overall: -1.51%
Ed’s IRA: -1.53%
Ed’s 401k: -1.49%
S&P 500: +0.69%
ACWI (all-world index): +0.57%
Nasdaq: -2.53%

In my 401(k), only Microsoft did had a good month:

DIS: -0.74 to $80.07 ( -0.92% , 27.56% overall)– bought at $62.77
GOOG: -101.14 to $1,114.51 ( -8.32% , 27.62% overall)– bought at $873.31
JTP: -0.02 to $8.05 ( -0.25% , 1.51% overall)– bought at $7.93
MSFT: 2.68 to $40.99 ( 7.00% , 11.20% overall)– bought at $36.86

In my IRA’s March daytrades, my record was 7-3-1 (that’s 7 profitable, 3 losers, and one flat). Overall, I lost 0.39% on daytrades. What I am noticing is my momentum-based daytrades seem to be working for me, with a 5-2-1 record, with an overall 0.03% profitability, but that includes a misread on my part earlier in March. Since then, the record is 4-1-1, with a 0.18% profitability. Admittedly, this would be a waste of time in a bull market, but even a 0.18% profit is valuable if the market turns bearish. It seems to me the key is to remain focused on one trade, and play that one trade. For me, that trade is the S&P 500’s momentum plays, SPXU and UPRO.

For my quarterly numbers, my results were a disappointing mix. My 401k shined against the benchmarks, while my IRA was a mess:

Ed’s Overall: -0.70%
Ed’s IRA: -7.69%
Ed’s 401k: +8.69%
S&P 500: +1.30%
ACWI (all-world index): +0.90%
Nasdaq: +0.54%

Advertisements

Posted April 1, 2014 by edmcgon in 401(k), Daytrading, Portfolio

2 responses to “Ed’s Full Portfolio Summary for March and the 1st Quarter 2014

Subscribe to comments with RSS.

  1. Your thoughts on Jubak’s mutual fund closing?

    • I thought he was trying to do too much. A portfolio of 50-100 stocks will perform much like an index. He would have done better limiting the size of JUBAX to 10-20 stocks.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: