Stocks for the Long Term

[BlueWolf]

Round 4 Summary as of market close July 3, 2020.

I did a fair amount of buying this week, including some risky buys of stocks basing at the high. I also bought into a couple of breakout plays, which worked out well (so far). I’m still nervous about the sustainability of the current rally, but I cannot deny the continued bullishness of the market, so I really wanted more skin in the game. Despite this, I’m still 80%+ in cash and waiting for the opportunity to buy a number of stocks I love. Patience ... patience.

Round 4
	Start Date	6/1/2020	End Date	7/3/2020	Max Open Positions		100
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	% Gain/Loss on Trade	% Gain/Loss on Principal
		Closed Positions
						0.00%	0.0000%
BRK/B	06/03/2020	$189.12	1	06/11/2020	$184.22	-2.59%	-0.0259%
EEFT	06/01/2020	$95.24	1	06/11/2020	$104.46	9.68%	0.0968%
NTNX	06/01/2020	$23.97	1	06/11/2020	$22.38	-6.63%	-0.0663%
NVTA	06/01/2020	$16.89	1	06/11/2020	$16.44	-2.66%	-0.0266%
ZUO	06/01/2020	$12.03	0.5	06/11/2020	$12.27	2.00%	0.0100%
						0.00%	0.0000%
# Closed Positions	4.5	Gain/Loss Per Position		-0.05%	Return on Principal		-0.01%
		Open Positions
						0.00%	0.0000%
ANET	07/02/2020	$210.32	1		$210.51	0.09%	0.0009%
APPN	07/01/2020	$50.95	1		$52.74	3.51%	0.0351%
EDIT	07/01/2020	$29.93	1		$30.53	2.00%	0.0200%
EEFT	06/30/2020	$93.84	0.5		$99.25	5.77%	0.0288%
ESTC	06/15/2020	$82.23	1		$94.58	15.02%	0.1502%
INSP	07/01/2020	$87.56	0.5		$88.88	1.51%	0.0075%
MDB	06/16/2020	$200.33	1		$225.18	12.40%	0.1240%
NVTA	06/25/2020	$26.98	1		$31.72	17.57%	0.1757%
PING	07/01/2020	$32.13	0.5		$32.49	1.12%	0.0056%
QDEL	06/25/2020	$200.88	0.5		$227.04	13.02%	0.0651%
RGEN	06/30/2020	$120.29	1		$126.65	5.29%	0.0529%
RUBI	06/01/2020	$6.34	1		$6.67	5.21%	0.0521%
SFIX	07/01/2020	$25.67	1		$28.55	11.22%	0.1122%
SMAR	06/16/2020	$47.62	1		$52.70	10.67%	0.1067%
TTWO	06/18/2020	$140.19	0.5		$144.40	3.00%	0.0150%
VEEV	07/01/2020	$235.94	1		$242.04	2.59%	0.0259%
WD	06/03/2020	$42.88	1		$49.08	14.46%	0.1446%
WORK	06/17/2020	$32.65	1		$30.31	-7.17%	-0.0717%
ZM	07/01/2020	$253.93	1		$261.74	3.08%	0.0308%
ZNGA	06/22/2020	$9.36	1		$9.53	1.82%	0.0182%
ZUO	06/18/2020	$13.46	1		$12.84	-4.61%	-0.0461%
						0.00%	0.0000%
# Open Positions	18.5	Gain/Loss Per Position		6.35%	Return on Principal		1.05%
Totals
Percentage Cash							81.50%
Average Gain/Loss Per Position							5.10%
Total Return on Principal							1.04%
Total Annualized Return On Principal							11.88%

= Stocks added this week

High Interest Watchlist: AAPL, AAXN, ABMD, ADBE, AMT, AMZN, APPF, ATVI, AYX, BOMN, BRK/B, CGNX, CLDR, CRM, CRNC, CRSP, CRWD, CSGP, DDOG, DOCU, EBS, EPAM, EQIX, ETSY, EVBG, FB, FICO, FIVN, FLGT, FRPT, FSLY, FVRR, GH, GLOB, HCAT, HQY, HUBS, ISRG, KNSL, LITE, LVGO, MA, MASI, MDLA, MELI, MRNA, MSFT, MTCH, NEE, NET, NTNX, NVCR, NVDA, OKTA, OLED, PANW, PAYC, PING, PYPL, QTWO, RDFN, REGN, RH, ROKU, RVLV, SDGR, SHOP, SIVB, SPCE, SPLK, SQ, STAA, SWAV, SWKS, TDOC, TEAM, TREX, TTD, TWLO, V, WIX, ZEN, ZM, ZS

Some Interest Watchlist: AVGO, BIDU, BILI, BKNG, BZUN, COUP, DAVA, EXPI, FLIR, FTCH, FTNT, GOOG, ICPT, IDXX, IIPR, LYV, MNST, NOW, NVAX, OLLI, PEGA, SE, SPOT, TSLA, WEX, XLNX, ZG

XXXX = New Stock

[BlueWolf]

This week, I added three stocks (highlighted in blue) to my portfolio, buying into strength. That’s always a gamble, but I got off to a good start with all three. If the market rolls over, however, these will be the first to go. Here’s a current summary.

Round 4
	Start Date	6/1/2020	End Date	6/26/2020	Max Open Positions		100
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	% Gain/Loss on Trade	% Gain/Loss on Principal
		Closed Positions
						0.00%	0.0000%
BRK/B	06/03/2020	$189.12	1	06/11/2020	$184.22	-2.59%	-0.0259%
EEFT	06/01/2020	$95.24	1	06/11/2020	$104.46	9.68%	0.0968%
NTNX	06/01/2020	$23.97	1	06/11/2020	$22.38	-6.63%	-0.0663%
NVTA	06/01/2020	$16.89	1	06/11/2020	$16.44	-2.66%	-0.0266%
ZUO	06/01/2020	$12.03	0.5	06/11/2020	$12.27	2.00%	0.0100%
						0.00%	0.0000%
# Closed Positions	4.5	Gain/Loss Per Position		-0.05%	Return on Principal		-0.01%
		Open Positions
						0.00%	0.0000%
ESTC	06/15/2020	$82.23	1		$92.11	12.02%	0.1202%
MDB	06/16/2020	$200.33	1		$224.51	12.07%	0.1207%
NVTA	06/25/2020	$26.98	1		$27.89	3.37%	0.0337%
QDEL	06/25/2020	$200.88	0.5		$221.00	10.02%	0.0501%
RUBI	06/01/2020	$6.34	1		$6.22	-1.89%	-0.0189%
SMAR	06/16/2020	$47.62	1		$52.98	11.26%	0.1126%
TTWO	06/18/2020	$140.19	0.5		$141.18	0.71%	0.0035%
WD	06/03/2020	$42.88	1		$47.64	11.10%	0.1110%
WORK	06/17/2020	$32.65	1		$32.53	-0.37%	-0.0037%
ZNGA	06/22/2020	$9.36	1		$9.58	2.35%	0.0235%
ZUO	06/18/2020	$13.46	1		$12.97	-3.64%	-0.0364%
						0.00%	0.0000%
# Open Positions	10	Gain/Loss Per Position		5.70%	Return on Principal		0.52%
Totals
Percentage Cash							90.00%
Average Gain/Loss Per Position							3.92%
Total Return on Principal							0.50%
Total Annualized Return On Principal							7.36%

High Interest Watchlist: AAPL, AAXN, ABMD, ADBE, AMT, AMZN, ANET, APPF, APPN, ATVI, AYX, BRK/B, CGNX, CLDR, CRM, CRNC, CRSP, CRWD, CSGP, DDOG, DOCU, EBS, EDIT, EEFT, EPAM, EQIX, ETSY, EVBG, FB, FICO, FIVN, FLGT, FRPT, FSLY, FVRR, GH, GLOB, HCAT, HQY, HUBS, INSP, ISRG, KNSL, LITE, LVGO, MA, MASI, MDLA, MELI, MRNA, MSFT, MTCH, NEE, NET, NTNX, NVCR, NVDA, OKTA, OLED, PANW, PAYC, PING, PYPL, QTWO, RDFN, REGN, RGEN, RH, ROKU, RVLV, SDGR, SFIX, SHOP, SIVB, SPCE, SPLK, SQ, STAA, SWAV, SWKS, TDOC, TEAM, TREX, TTD, TWLO, V, VEEV, WIX, ZEN, ZM, ZS

Some Interest Watchlist: AVGO, BIDU, BILI, BKNG, BZUN, COUP, DAVA, EXPI, FLIR, FTCH, FTNT, GOOG, ICPT, IDXX, IIPR, LYV, MNST, NOW, NVAX, OLLI, PEGA, SE, SPOT, TSLA, WEX, XLNX, ZG

Bold = New stocks

[BlueWolf]

Well, the vote was overwhelming, 1-0 in favor of a weekly posting. Before I post my Round 4 summary, though, I have some notes. I feel like I have made two big mistakes so far this year so far: Opening Round 3 too soon, and Closing Round 3 too soon. It’s caused me to leave a lot of money on the table. All I can do is continue to learn, a process that will never be over.

One of the reasons that I bring these mistakes up is that there are a lot of stocks on my high interest list that I would love to buy back, but they are either basing at the high or making new highs. Normally, I don’t enter positions when stocks are doing this unless I believe the market is in a sustainable uptrend. Right now, I am just not that convinced, although the market has been fooling me as it continues to make new highs. If this bullishness continues, I may have to start making some of these risky entries. We’ll see.

And now, my Round 4 summary. New positions that I opened this week are shown with a blue background:

Round 4
	Start Date	6/1/2020	End Date	6/19/2020	Max Open Positions		100
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	% Gain/Loss on Trade	% Gain/Loss on Principal
		Closed Positions
						0.00%	0.0000%
BRK/B	06/03/2020	$189.12	1	06/11/2020	$184.22	-2.59%	-0.0259%
EEFT	06/01/2020	$95.24	1	06/11/2020	$104.46	9.68%	0.0968%
NTNX	06/01/2020	$23.97	1	06/11/2020	$22.38	-6.63%	-0.0663%
NVTA	06/01/2020	$16.89	1	06/11/2020	$16.44	-2.66%	-0.0266%
ZUO	06/01/2020	$12.03	0.5	06/11/2020	$12.27	2.00%	0.0100%
						0.00%	0.0000%
# Closed Positions	4.5	Gain/Loss Per Position		-0.05%	Return on Principal		-0.01%
		Open Positions
						0.00%	0.0000%
ESTC	06/15/2020	$82.23	1		$90.67	10.26%	0.1026%
MDB	06/16/2020	$200.33	1		$205.94	2.80%	0.0280%
RUBI	06/01/2020	$6.34	1		$7.17	13.09%	0.1309%
SMAR	06/16/2020	$47.62	1		$49.90	4.79%	0.0479%
TTWO	06/18/2020	$140.19	0.5		$142.61	1.73%	0.0086%
WD	06/03/2020	$42.88	1		$49.44	15.30%	0.1530%
WORK	06/17/2020	$32.65	1		$33.13	1.47%	0.0147%
ZUO	06/18/2020	$13.46	1		$13.01	-3.34%	-0.0334%
						0.00%	0.0000%
# Open Positions	7.5	Gain/Loss Per Position		6.15%	Return on Principal		0.45%
Totals
Percentage Cash							92.50%
Average Gain/Loss Per Position							3.82%
Total Return on Principal							0.44%
Total Annualized Return On Principal							8.93%

Oops, I almost forgot my lists.

High Interest Watchlist: AAPL, AAXN, ABMD, ADBE, AMT, AMZN, ANET, APPF, APPN, ATVI, AYX, BRK/B, CGNX, CRM, CRNC, CRSP, CRWD, CSGP, DDOG, DOCU, EBS, EDIT, EEFT, EPAM, EQIX, ETSY, EVBG, FB, FICO, FIVN, FLGT, FRPT, FSLY, FVRR, GH, GLOB, HCAT, HQY, HUBS, INSP, ISRG, KNSL, LITE, LVGO, MA, MASI, MDLA, MELI, MRNA, MSFT, MTCH, NEE, NET, NTNX, NVCR, NVDA, NVTA, OKTA, OLED, PANW, PAYC, PING, PYPL, QDEL, QTWO, RDFN, REGN, RGEN, RH, ROKU, RVLV, SDGR, SFIX, SHOP, SIVB, SPCE, SPLK, SQ, SWAV, SWKS, TDOC, TEAM, TREX, TTD, TWLO, V, VEEV, WIX, ZEN, ZM, ZNGA, ZS

Some Interest Watchlist: AVGO, BIDU, BILI, BKNG, BZUN, CLDR, COUP, DAVA, EXPI, FLIR, FTCH, FTNT, GOOG, ICPT, IDXX, IIPR, LYV, MNST, NOW, NVAX, OLLI, SE, SPOT, TSLA, WEX, XLNX, ZG

[billyjoe]

Most of my long term holdings are high dividend payers with the exception of MA. I now see MA as a potential $400 stock so the small payout should be more than made up by appreciation. Probably many others like it on the Blue Wolf list , not all sure things , but several no brainers.
If I were a few years younger I'd be less interested in the dividends.

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

[Louetta]

I already have things in tabular form, so it’s no extra work to copy and paste my portfolio updates here. It’s a lot easier then when I was posting every trade as it happened. I don’t want to just spam this thread, though, so I’m asking for votes. Do you want me to post portfolio updates every week or every two weeks?

If it's really convenient for you to do it I'd say do it every week.

I don't think you need worry about spamming the thread. In fact I had seen Mimo's list of stocks before and referred him to you for an opinion.

[BlueWolf]

I already have things in tabular form, so it’s no extra work to copy and paste my portfolio updates here. It’s a lot easier then when I was posting every trade as it happened. I don’t want to just spam this thread, though, so I’m asking for votes. Do you want me to post portfolio updates every week or every two weeks?

[antioch6]

I am trading with my dad, or about to start trading with my dad. he had some money in QQQ and DIA. It wasn't much, and I want him or us to be 25% in stocks. We bought 14 companies to start our long term portfolio.

JNJ TSM NKE SNE VRTX REGN NTES ALL ALXN TWTR ATVI EA CMG ISRG

0.03%-0.05% in each for 5.45% of total portfolio invested. we want to hold these until the end of 2021

[BlueWolf]

I found this article on the "next generation FANG stocks" on March 13. I created a portfolio on Yahoo. Today I was wondering how they were doing. The portfolio made up of CHGG CREE ENPH NVDA ROKU SEDG and TWLO was up 71%

https://www.marketwatch.com/story/pi...ale-2020-03-06

March 13 was a great entry! I like your picks too.

[mimo_100]

I found this article on the "next generation FANG stocks" on March 13. I created a portfolio on Yahoo. Today I was wondering how they were doing. The portfolio made up of CHGG CREE ENPH NVDA ROKU SEDG and TWLO was up 71%

https://www.marketwatch.com/story/pick-up-these-next-generation-technology-stocks-while-theyre-on-sale-2020-03-06

[BlueWolf]

Got a little spooked by yesterday’s economic news and early market reaction, so I pared down my LT positions from seven to two based on charting patterns. Despite the recent bullish disposition of the market, I’m still being very cautious about holding on to anything. I could be wrong about there being another correction coming as the market has seemed to shrug off the effects of the shutdown, but I’m not taking any chances. I can still make money short term trading on the long side for now while I see how things shake out. My big fear is that we are headed into a recession and a prolonged bear market. I’m not great at making money in a bear market. I’m certainly not afraid of playing the short side, but you just don’t get the kinds of gains you can when the market is in a bull run. I could try a some option plays, but I’ve never been a big option trader. I’m getting ahead of myself, though. We had a bit of a rebound day today, so maybe the market will just keep chugging to the upside. We’ll see.

So here’s a summary of my open and closed positions:

Round 4
	Start Date	6/1/2020	End Date	6/12/2020	Max Open Positions		100
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	% Gain/Loss on Trade	% Gain/Loss on Principal
		Closed Positions
						0.00%	0.0000%
BRK/B	06/03/2020	$189.12	1	06/11/2020	$184.22	-2.59%	-0.0259%
EEFT	06/01/2020	$95.24	1	06/11/2020	$104.46	9.68%	0.0968%
NTNX	06/01/2020	$23.97	1	06/11/2020	$22.38	-6.63%	-0.0663%
NVTA	06/01/2020	$16.89	1	06/11/2020	$16.44	-2.66%	-0.0266%
ZUO	06/01/2020	$12.03	0.5	06/11/2020	$12.27	2.00%	0.0100%
						0.00%	0.0000%
# Closed Positions	4.5	Gain/Loss Per Position		-0.05%	Return on Principal		-0.01%
		Open Positions
						0.00%	0.0000%
RUBI	06/01/2020	$6.34	1		$6.73	6.15%	0.0615%
WD	06/03/2020	$42.88	1		$45.77	6.74%	0.0674%
						0.00%	0.0000%
# Open Positions	2	Gain/Loss Per Position		6.45%	Return on Principal		0.13%
Totals
Gain/Loss Per Position							1.95%
Total Return on Principal							0.12%
Total Annualized Return On Principal							3.88%

[Louetta]

Good call on RUBI. Also, Berkshire. Buffett was taking some heat for supposedly getting out of the airlines at just the wrong time (tho no one knows exactly what he sold at) and Charlie Munger implying they had not found anything else to go to.

[BlueWolf]

OK, get ready to roll your eyes. 🙄 I kicked off Round 4 this week after a fairly heavy round of swing trading. I had a number of very successful swing trades, three of which (EEFT, RUBI, WD) I rolled into Long Term (LT) trades to start thing off. I also added a few more LT trades just so I would have some skin in the game, since this market seems relentlessly bullish right now. As you can see I got off to pretty good start. This doesn’t take into account the swing trades for which I stopped out (MDLA, TDOC), but I also had other winning swing trades (ATKR, ESNT) that I didn’t roll into LT trades, so it all evens out.

Some notes regarding the performance tracking summary. I am doing things a little differently this time. I am still computing percentage gain/loss per trade and average gain/loss for all trades, but I have added a way to track overall returns on principal. I did this by allocating a maximum number of positions, which you can see in the summary In this case, I opted for a maximum of 100 positions. Now this is NOT a cash total. In fact, it can be applied to any amount. For a $50,000 principal, for example, each position would be $500. For a $200,000 principal, each position would be $2,000. And so on. Using this maximum number of positions, I am able to calculate the overall return on principal and I can also annualize the returns by extrapolating them to 365 days. You will see all this in the table.

Regarding this summary. Since I am actively using this table to track my performance, I can easily just copy and paste it on a regular basis if there is interest. I don’t want to spam this thread, however, so you tell me how frequently you would like for me to post the summary: weekly, bi-weekly, monthly, not all all? I will also continue to post my watchlists so you can see the stocks I am tracking for possible addition fo my LT holdings. I hope you find all of this helpful in some way.

Round 4
Round Start Date			6/1/2020	6/5/2020	Round End Date
	Max Num Open Positions			100
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	% Gain/Loss on Trade	% Gain/Loss on Principal
		Closed Positions
						0.00%	0.0000%
						0.00%	0.0000%
# Closed Positions	0	Gain/Loss Per Position		0.00%	Return on Principal		0.00%
		Open Positions
						0.00%	0.0000%
BRK/B	06/03/2020	$189.12	1		$200.66	6.10%	0.0610%
EEFT	06/01/2020	$95.24	1		$118.25	24.16%	0.2416%
NTNX	06/01/2020	$23.97	1		$23.68	-1.21%	-0.0121%
NVTA	06/01/2020	$16.89	1		$17.34	2.66%	0.0266%
RUBI	06/01/2020	$6.34	1		$8.28	30.60%	0.3060%
WD	06/03/2020	$42.88	1		$50.73	18.31%	0.1831%
ZUO	06/01/2020	$12.03	0.5		$12.75	5.99%	0.0299%
						0.00%	0.0000%
# Open Positions	6.5	Gain/Loss Per Position		13.32%	Return on Principal		0.84%
Totals
Gain/Loss Per Position							13.32%
Total Return on Principal							0.84%
Total Annualized Return							76.30%

High Interest Watchlist: AAPL, AAXN, ADBE, AMT, AMZN, ANET, APPF, APPN, ATVI, AYX, CGNX, CRM, CRNC, CRSP, CRWD, CSGP, DDOG, DOCU, EBS, EDIT, EPAM, EQIX, ESTC, ETSY, EVBG, FB, FICO, FIVN, FLGT, FRPT, FSLY, FVRR, GH, GLOB, HCAT, HQY, HUB, INSP, ISRG, KNSL, LITE, LVGO, MA, MASI, MDB, MDLA, MELI, MRNA, MSFT, MTCH, NÉE, NET, NVCR, NVDA, OKTA, PANW, PAYC, PING, PYPL, QDEL, QTWO, RDFN, REGN, RGEN, RH, ROKU, RVLV, SDGR, SFIX, SHOP, SIVB, SMAR, SPCE, SPLK, SQ, SWAV, TDOC, TEAM, TREX, TTD, TTWO, TWLO, V, VEEV, WIX, WORK, ZEN, ZM, ZNGA, ZS

Some Interest Watchlist: BYFT, BIDU, BILI, BKNG, BZUN, COUP, DAVA, EXPI, FLIR, FTCH, FTNT, GOOG, ICPT, IDXX, IIPR, LYV, MNST, NOW, NVAX, OLED, OLLI, SE, SPOT, TSLA, XLNX, ZG

[BlueWolf]

Default Round 3 Long Term Trading Results (Part 2)

Round 3
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	Effective Gain/Loss
		Closed Positions (Cont’d)
MA	03/02/2020	$290.80	0.5	05/01/2020	$270.88	-3.43%
	05/07/2020	$278.44	0.5	05/13/2020	$264.32	-2.54%
MDB	02/28/2020	$144.92	1	05/14/2020	$193.47	33.50%
MDLA	03/03/2020	$25.33	0.5	05/01/2020	$21.15	-8.25%
	05/07/2020	$22.03	0.5	05/14/2020	$23.21	2.68%
	05/11/2020	$23.60	0.5	05/14/2020	$23.21	-0.83%
	05/15/2020	$23.34	1	05/27/2020	$27.09	16.07%
MELI	03/02/2020	$617.21	2	05/14/2020	$760.95	46.58%
MSFT	02/28/2020	$156.33	0.5	05/13/2020	$182.16	8.26%
MTCH	03/02/2020	$64.05	1	05/01/2020	$76.13	18.86%
NTNX	04/15/2020	$16.80	0.5	05/01/2020	$19.64	8.45%
	05/07/2020	$21.27	0.5	05/13/2020	$20.57	-1.65%
	05/11/2020	$22.08	0.5	05/13/2020	$20.57	-3.42%
	05/18/2020	$21.35	1	05/27/2020	$24.34	14.00%
NVCR	03/02/2020	$71.32	1	05/01/2020	$62.11	-12.91%
	05/05/2020	$62.44	0.5	05/13/2020	$61.48	-0.77%
NVDA	02/28/2020	$247.50	1	05/01/2020	$287.75	16.26%
NVTA	03/02/2020	$19.51	1	05/01/2020	$16.29	-16.50%
	05/08/2020	$16.25	1	05/14/2020	$15.72	-3.26%
	05/20/2020	$16.29	1	05/27/2020	$16.65	2.21%
OKTA	03/02/2020	$128.44	1	05/01/2020	$149.56	16.44%
PANW	04/27/2020	$196.53	1	05/13/2020	$219.39	11.63%
PAYC	03/26/2020	$210.68	0.5	05/01/2020	$252.68	9.97%
PING	03/02/2020	$22.97	0.5	05/01/2020	$23.87	1.96%
	05/11/2020	$25.47	0.5	05/13/2020	$25.62	0.29%
QTWO	03/26/2020	$57.96	0.5	05/01/2020	$78.43	17.66%
RDFN	03/02/2020	$26.92	0.5	05/01/2020	$19.98	-12.89%
	05/05/2020	$20.27	1	05/13/2020	$23.64	16.63%
RGEN	03/03/2020	$89.30	0.5	05/01/2020	$114.85	14.31%
ROKU	05/12/2020	$131.48	0.5	05/13/2020	$127.50	-1.51%
RUBI (TLRA)	03/24/2020	$6.07	0.5	04/28/2020	$6.70	5.19%
	04/29/2020	$6.85	0.5	05/01/2020	$6.74	-0.80%
	05/08/2020	$6.12	0.5	05/13/2020	$5.83	-2.37%
RVLV	04/20/2020	$11.31	1	05/01/2020	$10.51	-7.07%
	05/11/2020	$13.36	0.5	05/13/2020	$13.98	2.32%
	05/26/2020	$15.26	1	05/27/2020	$14.59	-4.39%
SDGR	02/28/2020	$43.45	0.5	05/13/2020	$57.66	16.35%
SFIX	03/19/2020	$14.23	1	05/01/2020	$15.69	10.26%
	05/08/2020	$16.71	0.5	05/27/2020	$24.27	22.62%
	05/15/2020	$19.37	0.5	05/27/2020	$24.27	12.65%
SHOP	02/28/2020	$439.12	1	05/01/2020	$623.45	41.98%
SIVB	04/27/2020	$182.50	0.5	05/01/2020	$185.34	0.78%
SMAR	03/02/2020	$46.10	1	05/14/2020	$51.15	10.95%
SPCE	05/07/2020	$19.09	0.5	05/13/2020	$17.35	-4.56%
	05/22/2020	$14.68	0.5	05/27/2020	$16.89	7.53%
TDOC	03/02/2020	$122.76	1	05/13/2020	$192.26	56.61%
	04/09/2020	$141.63	1	05/13/2020	$192.26	35.75%
TEAM	03/02/2020	$143.71	2	05/27/2020	$169.82	36.34%
TREX	03/03/2020	$103.90	1	05/01/2020	$94.56	-8.99%
TTD	02/28/2020	$266.20	1	05/01/2020	$284.78	6.98%
	03/03/2020	$286.35	1	05/01/2020	$284.78	-0.55%
	05/04/2020	$274.50	2	05/27/2020	$290.11	11.37%
TWLO	03/02/2020	$109.36	1	05/27/2020	$189.12	72.93%
VEEV	03/02/2020	$140.34	1	05/14/2020	$193.67	38.00%
	03/03/2020	$143.07	1	05/14/2020	$193.67	35.37%
WD	03/02/2020	$65.30	0.5	05/01/2020	$37.39	-21.37%
	05/07/2020	$39.25	0.5	05/13/2020	$34.33	-6.27%
	05/20/2020	$39.54	0.5	05/27/2020	$40.46	1.16%
WIX	03/02/2020	$132.56	0.5	05/01/2020	$128.44	-1.55%
WORK	03/04/2020	$27.10	1	05/01/2020	$26.35	-2.77%
	05/07/2020	$28.19	1	05/27/2020	$31.71	12.49%
ZEN	03/02/2020	$77.44	1	05/14/2020	$72.28	-6.66%
	03/03/2020	$71.58	1	05/14/2020	$72.28	0.98%
	05/22/2020	$80.12	1	05/27/2020	$80.45	0.41%
ZM	02/27/2020	$108.79	1	05/01/2020	$139.76	28.47%
	05/04/2020	$141.20	2	05/27/2020	$157.75	23.44%
ZS	02/28/2020	$49.76	0.5	05/14/2020	$74.57	24.93%
ZUO	05/12/2020	$11.83	0.5	05/13/2020	$11.32	-2.16%
	05/20/2020	$11.17	0.5	05/27/2020	$11.37	0.90%
Closed Position Totals	Total Gain/Loss	946.67%	Num Positions	92.5	Gain/Loss Per Position %	10.23%
S&P @Start (2/26/2020)		$3,062.54	S&P @End (5/27/2020)	$3,036.13	S&P Gain/Loss %	-0.86%

[BlueWolf]

Round 3 Long Term Trading Results (Part 1)

I’m a day late, but here are the final results from Round 3 of my long term trades. I debated whether or not I should list all my trades because there were so many of them. In the end, I decided to go ahead in the event there might be some interest. Please Therefore forgive the long post(s). (PS. I had to break up the post into two parts)

Overall, Round 3 was a rough round, so I was more than happy to come out with the kind of gains I did. I made a terribLe blunder when I closed Round 2 just before the COVID-19 crash and then opened Round 3 too soon. Still, I’ll take the win. I know I went flat while the market is still up-trending, but I just had an uneasy feeling about things. For now I am going to short term trade while I see how things develop.

In case you’re wondering, here’s some insight into how I trade. Regarding short term trades, I break them down into two types: day trades and swing trades. A day trade is a round trip trade made within a single day. For a swing trade, I will typically hold the position anywhere from two to four days. I occasionally hold swing trades longer, and sometimes, if the trade is going well and I like the company prospects, I will roll a swing trade into a long term trade. This requires that I pare down the size of the position because when I short term trade, I trade much larger positions, sometimes 10x the size of a single long term position.

As for Round 4, I will open it when the opportunity for making some good entries presents itself. I am certainly expecting (hoping for?) some sort of correction that will create just such a buying opportunity, but the market has shown some surprising resilience. I just have to go with the flow. If the market strength continues, it just means there will be a lot of long-side short term trading opportunities.

A final note: I know tracking performance by average gain per position is not ideal. I’m trying to come up with something more realistic to institute in Round 4. The real measure of gain is how much you grow your principal. Since you don’t always have all your principle invested at any one time, average gain per position doesn’t necessarily reflect how good or bad you’re actually doing over time. I was therefore thinking that next round I would use a fixed amount, C, to represent starting principal or capital and a fixed fraction, C/N, where N is the maximum number of positions, to represent a single position size. This way I can compute the actual gains on each trade and then add these gains up to produce an accurate measure of total gain against starting capital. I can use an arbitrary number for C or I can try and do the math relativistically. What can I say, I have time on my hands.

OK, without further ado, here are the Round 3 results.

Round 3
Stock	Date	Purchase Price	Position Size	Date Closed	Current or Closing Price	Effective Gain/Loss
		Closed Positions
AAPL	02/28/2020	$263.31	1	05/14/2020	$306.27	16.32%
AAXN	03/02/2020	$77.80	0.5	04/27/2020	$72.78	-3.23%
	03/02/2020	$77.80	0.5	05/01/2020	$72.15	-3.63%
ABMD	05/07/2020	$188.73	0.5	05/13/2020	$191.26	0.67%
	05/22/2020	$197.36	1	05/27/2020	$209.43	6.12%
AMT	03/02/2020	$229.30	1	05/01/2020	$234.50	2.27%
ANET	02/28/2020	$190.04	1	05/01/2020	$215.53	13.41%
	05/07/2020	$212.30	1	05/13/2020	$219.76	3.51%
APPN	03/02/2020	$43.80	1	05/01/2020	$44.72	2.10%
	05/04/2020	$42.12	2	05/13/2020	$48.14	28.58%
AYX	02/28/2020	$130.22	1	05/01/2020	$110.13	-15.43%
	05/05/2020	$112.85	1	05/13/2020	$126.44	12.04%
CGNX	02/28/2020	$43.11	0.5	05/01/2020	$53.50	12.05%
CRM	03/02/2020	$170.09	0.5	05/01/2020	$159.14	-3.22%
CRSP	03/25/2020	$42.66	0.5	05/01/2020	$49.39	7.89%
	05/05/2020	$51.23	1	05/13/2020	$59.33	15.81%
CRWD	03/02/2020	$59.49	0.5	05/14/2020	$76.25	14.09%
DDOG	02/27/2020	$42.97	1	05/14/2020	$65.79	53.11%
DOCU	02/27/2020	$79.01	0.5	05/01/2020	$104.18	15.93%
	02/27/2020	$79.01	0.5	05/27/2020	$126.25	29.89%
	05/04/2020	$103.65	0.5	05/27/2020	$126.25	10.90%
EDIT	02/28/2020	$21.07	1	05/01/2020	$22.50	6.79%
	05/05/2020	$25.31	1	05/13/2020	$25.71	1.58%
	05/20/2020	$27.84	1	05/27/2020	$27.92	0.29%
EEFT	03/02/2020	$124.10	0.5	05/01/2020	$87.36	-14.80%
	05/08/2020	$90.64	0.5	05/13/2020	$83.67	-3.84%
EPAM	04/15/2020	$193.40	0.5	05/01/2020	$217.54	6.24%
ETSY	02/27/2020	$55.54	1	05/01/2020	$62.93	13.31%
FICO	02/28/2020	$364.02	0.5	05/01/2020	$345.67	-2.52%
FLGT	03/02/2020	$15.43	0.5	05/01/2020	$16.25	2.66%
	05/07/2020	$15.12	1	05/13/2020	$15.67	3.64%
FRPT	03/03/2020	$69.78	0.5	05/01/2020	$74.11	3.10%
FSLY	02/28/2020	$18.98	1	05/01/2020	$21.46	13.07%
	05/05/2020	$22.27	0.5	05/13/2020	$36.33	31.57%
GH	03/26/2020	$66.81	1	05/01/2020	$74.56	11.60%
	05/07/2020	$82.25	0.5	05/13/2020	$96.12	8.43%
HCAT	05/11/2020	$28.35	0.5	05/13/2020	$27.44	-1.60%
HQY	03/24/2020	$46.50	0.5	05/01/2020	$54.40	8.49%
	05/11/2020	$56.83	0.5	05/13/2020	$50.76	-5.34%
	05/20/2020	$56.83	1	05/27/2020	$62.11	9.29%
ICPT	05/12/2020	$89.15	0.5	05/13/2020	$88.10	-0.59%
IIPR	03/02/2020	$92.28	0.5	05/01/2020	$76.40	-8.60%
INSP	02/27/2020	$84.66	0.5	04/27/2020	$75.75	-5.26%
	02/27/2020	$84.66	0.5	05/01/2020	$70.53	-8.35%
	05/12/2020	$68.70	0.5	05/13/2020	$67.47	-0.90%
ISRG	03/02/2020	$534.89	0.5	05/01/2020	$502.90	-2.99%
	03/02/2020	$534.89	0.5	04/27/2020	$518.20	-1.56%
KNSL	04/17/2020	$112.16	0.5	05/13/2020	$130.44	8.15%
LVGO	03/02/2020	$25.45	0.5	05/01/2020	$38.99	26.60%
	05/05/2020	$39.95	0.5	05/13/2020	$59.68	24.69%
LYV	02/28/2020	$57.87	1	04/17/2020	$40.10	-30.71%

[BlueWolf]

Went flat today, except for some day/swing trades. This ends round 3. I will post details on Friday.