Global Macro Trading Journal

Discussion in 'Journals' started by Daal, Feb 25, 2011.

  1. Daal

    Daal

    I'd say Buiter has a far deeper understanding of the EUR zone and finance than our resident mentally ill friend
     
    #2821     Feb 7, 2012
  2. ammo

    ammo

    i wish they would ask bernank what it would have cost to cover the underwater mortgages for a couple years compared to handing the monies to the banks,what a scam
     
    #2822     Feb 7, 2012
  3. What the bejeesus does this have to do with global macro trading? Maybe it's time for you to to start a "day trading for my kids' dinner" journal.
     
    #2823     Feb 7, 2012
  4. Well, I think you are making the right decision, but should just point out that the performance was not similar. From your own chart there:

    6 month performance: AAPL 24.17%, WMT 21.69%, MSFT 17.6%

    1 year performance: AAPL 33.9%, WMT 10.43%, and MSFT 8.75%

    Personally I would not be satisfied missing out on a 20-25% outperformance over 1 year. I would try and figure out what I missed, rather than patting myself on the back.
     
    #2824     Feb 7, 2012
  5. A pointless post.

    I haven't owned them for a year, so going back that far is irrelevant. I'm sure I didn't own dozens of stocks that were up 33% or far more last year. Are you lying in bed awake at night, unable to sleep because you didn't own CMG last year (+50%)?

    I'm wildly pleased with the portfolio of value plays I bought last summer as the markets swooned - it's trumped the S&P's advance by a margin wide enough to drive a truck through. I would also add, that August 1 is not the date I sunk money into that portfolio. It was done over a period of time close to that date, with me adding to a few positions during the bigger swoons late that summer and into fall, so I'm pretty certain the return is even better. The best part is there was (in my mind) about zero risk of losing money when I bought these things. A lot of stocks have gone up a lot that I did not buy - some I nearly pulled the trigger on ... I apologize. :confused:

    Can I add in my gains from shorting the AUD and EUR? It pretty much makes Apple irrelevant at that point.
     
    #2825     Feb 8, 2012
  6. CH1973

    CH1973

    #2826     Feb 8, 2012
  7. #2827     Feb 8, 2012
  8. #2828     Feb 8, 2012
  9. You said the 3 stocks performed the same, when in fact they performed quite differently. All I did was point out the inaccuracy. Don't want to be corrected? Then don't post things that are blatantly false, pretty simple!
     
    #2829     Feb 8, 2012
  10. I said have performed similarly, not the same, i.e. they have all gone up rather smartly. Still curious as to why you brought the 1-year performance up. And yes, you are correct. If I had just put 150% of my assets in Apple in 2003 (like you, I assume), I'd be a lot richer.
     
    #2830     Feb 8, 2012