2011 Year Ender

2011 is so far my worst performance in my 4 years of trading. I got whipped left and right, lots of false breakouts and breakdowns. Volatility were at its high.

I was up about 35% max for the year but due to a costly wrong push of a button trade, profits were given back to Ms. Market.

Some stats:

  • Buy/Sell Trades: 90
  • Hit Rate: 35%
  • Biggest Winner: LND/GERI 110%
  • Biggest Loser: 3rd round in BHI -20%. This one made my performance poor this year. I was supposed to cut but pressed the wrong button and doubled up! then eventually cut everything at .3650. Price at end of year  .1670.. so I’m still considering this a good trade!
  • Best Month: July 13%
  • Worst Month: September -30%
  • YTD: -8%

2012 goals:

  • Trade lesser, ignore noise. Maybe just about 5 trades per month. That’s one per week.
  • Learn to trade the weekly trend model. (ex. URC)
  • Learn to trade with leverage.

25% cash coming into the new year. Good luck 2012!

12-27-2011

Just a spectator (plus some last second padding) for the past 2 trading days.

BEL and PGOLD are looking to break out of its consolidation maybe before the year ends? Ready to take profits in LR and ready to take my loss in LCB.

2 trading days left before trading hours be extended to 3:30PM. sheesh.

12-21-2011 PSEi Scans

Relative Strength Scan

Ticker Date/Time RS % Closing Price Volume
BEL

12/21/2011

19.92

4.98

17103000

TEL

12/21/2011

8.3

2584

244915

GLO

12/21/2011

5.69

1070

70805

FGEN

12/21/2011

5.01

14.66

6138000

BDO

12/21/2011

4.02

57.8

12994180

SMPH

12/21/2011

3.34

13.4

3960100

DMC

12/21/2011

3.06

39.55

1805400

EDC

12/21/2011

2.99

6.29

26603100

SM

12/21/2011

2.06

559

268520

SCC

12/21/2011

1.57

217.8

361320

BPI

12/21/2011

1.01

55.85

2278640

MER

12/21/2011

1

245.8

198470

AEV

12/21/2011

0.72

40

2774600

MPI

12/21/2011

0.68

3.66

19212000

AGI

12/21/2011

0.5

10.46

10916600

JFC

12/21/2011

0.38

92

405890

AC

12/21/2011

0.18

302.2

274380

 

 

12-21-2011 BEL

US Markets closed very strong last night. I also looked into EPHE and PHI before sleeping and saw that they were also strong… expected a strong market today. I’m not sure though but it looks like some index stocks didn’t close good today.

Anyway, one of the things I look to filter out stocks is to perform a relative strength scan. This scan compares the strength of a stock relative to its peers in the PSEi. Part of my trading philosophy is to buy strength and sell weakness.

In my post last night, BEL was still the strongest stock in the PSEi. Ms. Market confirmed it today!  Of course I followed my rules as it broke 5. Unfortunately, it closed below that! It would have been better if BEL closed above 5 as 5 is a round number resistance.

On the side note, My haka haka tells me that Odyssey High Conviction fund is accumulating BEL. :)

Bought 30% more today at 5.01. Let’s see how it performs in the coming weeks. :D