The Debit Position Portfolio (TDPP)

Hi to all.

Today I started The Debit Position Portfolio (TDPP). It means I will use the same principles of the companies that are listed on the US stock markets.

I will explain later on the basic principles.

Today I bought SEAS, LNG and LFG.

GO

 

Initial cash in portfolio is about $26.000. I will invest in 20 companies, about $2600 in each.

GO

 

SL is $260, so 10% of initial investment or 1% of the total initial cash.

GO

 

Stocks only, to be found at FINVIZ. FINVIZ EOD is free. I will expand on the screening later.

GO

 

Good luck. My youngest was at SEAS in SD yesterday. It was a ghost town.

 

Thx Destriero.

I buy All Time High (ATH) Stocks only, after the set a new high after the pause a while.

Screening is as follows:

Screener:
All
Industry : sub Stocks only, (ex-Funds)
52 Week High/Low: New High
Now pick in the bottom of the screen in overview(blue) :
tab: Charts
type: line
timeframe: monthly

Now the eyeballing part for a New High after a pause. That is how i found the above mentioned three stocks.

GO

 

So far there is nothing spectacular about this method. But.... wait for expansion from 3 to to 20 and get to know how to deal with the dynamics of the DPP. Gradually I will expand the portfolio. This is long term investing, but the market dynamics determine what to do and how to react.

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Added 32 WH and 16 XLNX, could not resist them as they meet the criteria. I want to speed up a bit. Next days of this week need to work.

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I changed the set up a bit. I sold my US stocks and started to buy Euronext stocks. It is a bit easier for me.

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The basic of the system is writing covered calls. So only option stocks are there to select. Now the special part is taking it's place to speed up profits: "margin". Goal is to build a portfolio of 100.000 value with 30.000 of my own cash. So 70.000 margin. Goal is to write short covered calls (next month expiration), and have an average daily profit of about 200 à 500 euro daily. This is possible as I have seen other people do it. However it takes daily action to manage the portfolio. An Excel spreadsheet with key layout allows me to do so.

GO