Updated trades on site

So I still don’t have the internet at home yet but am getting more settled everyday. Still no furniture, but who needs that anyway. Back to the trades, the week I was out wasn’t the best. As usual there were some winners and losers. However, the losses were larger then expected as a result of not monitoring the positions enough, but still within reason. The trade positions have been updated from last week however they have since rolled off the listing as new trades have been closed. See CoVestor for details on prior trades.

So far this week has been a mixed bag. Some good wins and some stupid losses which is putting me nearly even on the week. Watched an 18% gain in AVR turn into a 11% loss in the a few hours. It’s a learning experience. Currently paying close attention to few positions as the uncertainty is quite high presently. See the trade positions for where things stand today.

Trading Update

I am in the process of moving right now with limited connectivity. Will be pretty inactive in the markets this week. Mostly just monitoring existing positions. Will be back with more commentary later in the week or next week. positions have been updated.

New trading positions page

I recently began using Covestor to provide a transparent means to display my trades and investing track record. All-in-all I have to say it is a really nice tool. Simple to use, collaborative, and provides a verification layer. However, for my purposes (and for many people these may not be issues) I don’t believe it provides the best means to provide information about my short-term trading for a few reasons: 1) I, for the most part,  Iuse one trading account for my long-term and short-term positions. As a result, Covestor’s performance is indicative of my total performance not just the short-term trades, and 2) it appears to calculate returns (and  benchmarks) on a total portfolio value and not just committed capital.

Now, I will fully agree there are plenty of reason for why Covestor works like it does, it SHOULD work this way. If i was an investor looking to judge performance I would want to see all holdings and have the return based on the total portfolio value, not just committed capital. That is why I am keeping Covestor. However, I feel providing additional information  regarding the short-term trades provides additional value. Why you might ask. My goal is to improve my short-term trading performance and ability.

So I have created a new page here, positions, which will list my current short-term holdings and the last five closed short-term trades (the page is also linked from the side bar). This current snap-shot provides this data (and in a little bit clearer format then CoVestor).