Tuesday 29 January 2013

Week of 2013 JA 25

IWM rose 1.7% this week, to its highest value ever, while my account fell by 0.2%.  The loss-floor is unchanged at +1.0%.

US markets were closed on Monday for Martin Luther King’s birthday.

End of week allocations:
Daily % gain
Max loss
Sym  Buy  Fri  Mon  Tue  Wed  Thu  Fri Beg   End
IAU  AU14 +0.9  18  +0.9  18  +0.9  18  +0.8  18  +0.6  18  +0.1 +0.1
IWM +7.3         +8.1     +7.8     +8.2     +9.0    
me +1.6 +1.7 +1.7 +1.5 +1.4
floor +1.0 +1.0 +1.0 +1.0 +1.0

Stock-trading robot

No activity this week.

It has become apparent that the sale of URTY on January 2nd was the wrong move.  The robot did this because the market had a huge uptick and the URTY trading model says “sell on a big jump” in case it is an exhaustion gap.  But it wasn’t one in this case.  If I had not sold on January 2nd, or 3rd, or 4th, then I would still be holding it today and the stop price would by now be above the price I sold it for.  Oh well.  It’s all probabilities.  I am not changing the trading model based on this one mishap.

1 comment:

  1. Stock Sale is where the equity price is assumed to include the operating assets and operating liabilities of the sellers business and not include the long term liabilities assumed. The long term liabilities assumed are shown as a separate line item and when added to the equity price results in the deal price.