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Home » Performance »

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February 12th, 2010

2010 Performance Update

This post displays all of my transactions for 2010. (Options and Stock transactions).

Over the years, I have learned that trading is a game of odds. Nothing is certain when it comes to the financial markets, and the only way in which we can consistenly take profits in to take action when the odds are in our favor. Therefore, sometimes you will see me using the volatility of the markets in my favor, and taking advantage of some day trading, and/or even opening and closing my positions in the same week of purchase for a quick profit ( raising cash, LOL ).

Remember, we can be wrong 30% of the time in our trades, and still make good amount of money during the year. “Never let a winner turn into a loser”.

Best wishes for your 2010 trading year!!!

About the Results
Open amount: $50,000 (hypothetical)
Investment per trade (QTY): The max amount of $5,000, WITH NO FRACTIONS.
Commision Expense: +/-$25.00 per trade

Symbol Date Bought Bought @ Date Sold Sold @ % Return
MA Mar $220 Call
Feb 25
$5.60
Feb 26
$6.40
13.60%
PCLN Mar $230 Call
Feb 25
$3.70
Feb 26
$4.80
28.90%
IBM Mar $125 Call
Feb 25
$2.69
Feb 26
$3.10
14.30%
GOOG Mar $540 Call
Feb 23
$10.50
Feb 25
$5.00
-52.9%
RIMM Mar $70 Call
Feb 23
$1.88
Feb 24
$2.72
43.5%
$VIX.X Mar $20 Call
Feb 19
$2.55
Feb 22
$2.20
-14.7%
U.S. Steel (X) *Exercised
Feb 2
$47.20
Feb 22
$48.00
3.9%
GOOG Mar $530 Put
Feb 18
$9.30
Feb 19
$8.10
-13.5%
PCLN Feb $190 Put
Feb 17
$1.30
Feb 17
$1.90
44.6%
GOOG Mar $540 Call
Feb 16
$14.40
Feb 17
$16.70
13.7%
GOOG FEB $530 Put
Feb 11
$3.50
Feb 12
$6.00
70.6%
GOOG Mar $540 Call
Feb 11
$12.50
Feb 11
$15.70
25.1%
X Mar $46 Call
Feb 10
$2.38
Feb 11
$3.12
30.1%
X Mar $46 Call
Feb 8
$2.50
Feb 9
$3.30
31.0%
AAPL Jul $200 Call
Feb 4
$16.00
Feb 8
$18.50
15.1%
Goldman Sachs (GS)
Jan 6
$174.30
Jan 7
$177.70
1.5%
Transocean (RIG)
Jan 5
$88.60
Jan 6
$90.70
1.9%
YTD %

24.38%

The YTD% is calculated based on the hypothetical value of the account $50,000 as of Jan 01 2010

 

Disclaimer:

Nothing contained within this Blog site should be interpreted as a recommendation to purchase, sell or hold a security. All visitors and subscribers should always do further research before making a final investment decision. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Any questions, send it to me using the form below.

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Posted in 2010
By Carlos Molina
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December 31st, 2009

2009 Performance

This post displays all of my transactions for the year 2009. (Options and Stock transactions).

NOTE: As of Dec 31, 2008 my portfolio was taking a hit with my position in Goldman Sachs (GS), down (-28% and -21%). Also my Costco (COST) position was suffering, down -7%.

As a trader, you need to have some time frame of holding attached to your positions and also an EXIT strategy. I was really closed to dump my Goldman Sachs position when it was down as much as $50. But I knew the market was doing all the damaged, I was a believer in the company and still am. Then, somewhere in November, we had Mr. Buffet jumping into the stock, just the confirmation of growth expectations I already knew.

For the year 2009,
Dow Jones % return, 18.8%
S&P 500 % return, 23.45%
My portfolio % return, 36.8%

Details below, a very quiet year for me. But looking back at it, there was ONE thing that stood up…NOT EVEN ONE LOSING TRADE. I couldn’t believe it… and I still cannot. As an active trader that I am, last year I decided to take a LONG shot at the markets, and it worked.

Symbol Date Bought Bought @ Date Sold Sold @ % Return
Dendreon (DNDN)
*Jan 04 ‘08
$6.04
Apr 27
$21.72
259.60%
Costco (COST)
*Oct 15 ‘08
$56.15
Sep 17
$58.05
3.38%
Goldman Sachs (GS)
*Oct 15 ‘08
$116.40
Apr 13
$124.80
7.21%
Goldman Sachs (GS)
*Oct 23 ‘08
$105.40
Apr 13
$124.80
18.40%
Goldman Sachs (GS)
Oct 30
$170.24
Nov 06
$173.80
2.09%
Goldman Sachs (GS)
Dec 02
$166.20
Dec 31
$169.10
1.74%
Rio Tinto (RTP)
Dec 10
$201.90
Dec 22
$207.09
2.57%

 

Remember: “Never turn a winner, into a loser….”

Best wishes for the year ahead!!!

CARLOS MOLINA

Disclaimer:

Nothing contained within this Blog site should be interpreted as a recommendation to purchase, sell or hold a security. All visitors and subscribers should always do further research before making a final investment decision. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Any questions or comments may be directed to me using the form below.

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Posted in Last Year
By Carlos Molina
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