My batting average

[riverbabe]

See the Stops are for wimps thread

Regards,

Karel

I almost cried. Wish those good times could roll again.

[mrmarket]

Greetings, Large Person.

I can't say I've ever seen you mention using margin. If you find yourself able to make consistent profits over a number of years would it not be fairly safe and advantageous to leverage your holdings?

It's the Armenian in me. I don't do margin.

[Deaddog]

See the Stops are for wimps thread

Regards,

Karel

Karel:

I read through the thread.
I can see where the method can operate without stops.

The thread ended in 2004. Have you run the numbers recently? How did things go during the meltdown in 2008? I noticed that the records on the Home Page start in 2009.

I also noticed that there is a wide variation in Annualized Gain. Has any research been done into dropping a stock if it does not perform in a timely manner? Kind of a time stop. If the stock hasn’t hit the target in 12 weeks, sell and put the money to work in a better performer rather than wait for the stock to hit the target which may take several more weeks if not months.

Time is money. A 30% annualized gain will beat the market. A 200% gain kicks ths sh*t out of it.

[hags]

The thread ended in 2004. Have you run the numbers recently? How did things go during the meltdown in 2008?

If I recall correctly.....Mr M. used the "x-factor" in his investing criteria and stayed away from the market during most of 2008....

hags

[Deaddog]

What is the "x factor"?

How many stocks were held during that period?

How long was his capital tied up while he waited for the market to recover?

Is this why the record starts Aug 2009?

[mrmarket]

What is the "x factor"?

How many stocks were held during that period?

How long was his capital tied up while he waited for the market to recover?

Is this why the record starts Aug 2009?

Good questions...all of my trades since 2003 are on this forum

[Deaddog]

Good questions...all of my trades since 2003 are on this forum

I took a quick look and decided that my time would be better spent looking for new picks than trying to find how you dealt with your losers. It can continue to be your secret.

I have to assume that from time to time you clean house and start your count over again. I see where you went from 80 some winners then started again. I found several picks that didn’t hit the target and have either been sold or taken off the list.

I still like the system, but will stick to my strategy of cutting losers although I may not be so quick to do so in the future.

Possibly some of the members who were here during the downturn will enlighten me.

[mrmarket]

I took a quick look and decided that my time would be better spent looking for new picks than trying to find how you dealt with your losers. It can continue to be your secret.

I have to assume that from time to time you clean house and start your count over again. I see where you went from 80 some winners then started again. I found several picks that didn’t hit the target and have either been sold or taken off the list.

I still like the system, but will stick to my strategy of cutting losers although I may not be so quick to do so in the future.

Possibly some of the members who were here during the downturn will enlighten me.

If I sell a stock for a loss, that means my streak is over. I start my streak again. I have done that a few times. I didn't know that was confusing to people.

[billyjoe]

If I sell a stock for a loss, that means my streak is over. I start my streak again. I have done that a few times. I didn't know that was confusing to people.

Mr. Market,
I know you've sold many stocks after they initially tanked then made a recovery. I think stocks have spoilage date like milk even though you've figured out how to make fine cheese , cream cheese, and yogurt from curds.

----------------billy

[Deaddog]

If I sell a stock for a loss, that means my streak is over. I start my streak again. I have done that a few times. I didn't know that was confusing to people.

When you sell at a loss do you only sell one stock or do you get rid of a bunch at a time?

I'm trying to determine how the system works in a bear market. If you have to hold for a year or more might there be a better return if you cull the portfolio every so often.

Shouldn't the focus being on getting the best possible return rather than having a record winning streak?

For what it's worth I'm keeping track of your results since I joined the forum. I know the results won't be accurate as you are very secretive about how much of your portfolio you commit to each position, But I will have the results if one were to commit 1/14th of their account to each position.

[mrmarket]

Mr. Market,
I know you've sold many stocks after they initially tanked then made a recovery. I think stocks have spoilage date like milk even though you've figured out how to make fine cheese , cream cheese, and yogurt from curds.

----------------billy

I have held stocks for almost 2 years that not only added to my streak, but outperformed the market in doing so.

[mrmarket]

When you sell at a loss do you only sell one stock or do you get rid of a bunch at a time?

I'm trying to determine how the system works in a bear market. If you have to hold for a year or more might there be a better return if you cull the portfolio every so often.

Shouldn't the focus being on getting the best possible return rather than having a record winning streak?

For what it's worth I'm keeping track of your results since I joined the forum. I know the results won't be accurate as you are very secretive about how much of your portfolio you commit to each position, But I will have the results if one were to commit 1/14th of their account to each position.

The easy answer is to watch and see. Tell a friend. Why do you want me to tell you how much I invest in each stock? I don't ask you how much you invest.

[Deaddog]

The easy answer is to watch and see. Tell a friend. Why do you want me to tell you how much I invest in each stock? I don't ask you how much you invest.

I’m not asking how much money you have in each stock. That is none of my business. What I’d like to know is what percentage of your account you allocate to each stock.

I posed the same question when I joined the Forum and was told to watch and see. Well I’ve been watching but I’m no wiser.

“I buy how much I feel like, if I really like a stock I buy a lot” and “I have up to 14 positions.. I add more when I feel like it.” Are the standard answers when asked about how you manage your portfolio.

Stock picking, although very important, is only one part of being a successful investor. I am trying to determine the best way to manage an account and I have disclosed how I plan to manage mine.

The number of winning trades in a row and the annualized return of each trade is interesting information. A more valuable piece of information would be the overall return of your portfolio.

Cash available to purchase stocks has almost no return.
Does a potential 14 stock portfolio that holds only 9 stocks have cash in reserve to purchase the last 5 stocks?
If not where do the funds come from when an opportunity presents itself?
If cash is held in reserve, how does that affect the overall return on the portfolio?

These shouldn’t be unreasonable questions to ask.

[mrmarket]

I’m not asking how much money you have in each stock. That is none of my business. What I’d like to know is what percentage of your account you allocate to each stock.

I posed the same question when I joined the Forum and was told to watch and see. Well I’ve been watching but I’m no wiser.

“I buy how much I feel like, if I really like a stock I buy a lot” and “I have up to 14 positions.. I add more when I feel like it.” Are the standard answers when asked about how you manage your portfolio.

Stock picking, although very important, is only one part of being a successful investor. I am trying to determine the best way to manage an account and I have disclosed how I plan to manage mine.

The number of winning trades in a row and the annualized return of each trade is interesting information. A more valuable piece of information would be the overall return of your portfolio.

Cash available to purchase stocks has almost no return.
Does a potential 14 stock portfolio that holds only 9 stocks have cash in reserve to purchase the last 5 stocks?
If not where do the funds come from when an opportunity presents itself?
If cash is held in reserve, how does that affect the overall return on the portfolio?

These shouldn’t be unreasonable questions to ask.

My only reasonable answer is, "I don't know". I never go back and check. I do know that the total market value of my account goes up and up.

[smaskell]

ay' there's the rub...

A more valuable piece of information would be the overall return of your portfolio.

I'm with ya Dog. In the end that's the only information that matters and the only information that can be used when comparing various systems or methods over time. How else can you compare?
I guess though, my mindset here is to learn and contribute what I can and not worry about what's missing. What MrM did give me is another tool to evaluate stocks (thanks MrM). What I don't find is a lot of discussion about position sizing. That's OK. I will have to work that out on my own and from other sources.
Scott