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Thursday, April 17, 2008

Vacation Entry - Disconnecting from the Markets. Sorta.

Challenge Accounts:

Investing Account Balance: $241.92

Stock / Futures Trading Balance: $734.39
Online Savings Balance: $22.10

Personal Trading Thoughts: I'm on vacation at the moment near Queretaro Mexico, therefore I'm trying to forget about trading for a bit. I'm trying to clear my head.

Personal Investing Thoughts: The same. I did notice while we were traveling in the airports yesterday however, that the market had a great day. As much as I try to disconnect from the markets, I still want to keep somewhat of an eye on things.

Well, we arrived yesterday, 7:30 pm, Queretaro time, and arrived at my buddies house soon thereafter. Cracked a beer, and had some fantastic authentic Mexican tacos in Tequisquiapan. As I stated above in my 'Investing Thoughts' comments, when we stopped at airports, I still was keeping an eye on the markets. I'm still not too sure what moved the market yesterday, as I couldn't get a hold of instant news. But my portfolio had a fantastic day. My FRO shares jumped up to the $54 region for the first time since last July. My MS and BAC both jumped up. My DTE stock is now up around $2.00 since the purchase. Even my nothing Ford stock is trading in the $7.20 region.

Regardless, I'm going to get back to relaxing. Enjoying myself. I personally believe that vacations serve the vital function of refreshing yourself. Every once in a while, you have to get away to recharge yourself, so that you can work that much better when the vacation in over. Not sure when my next entry will occur, but I'll try to update when I can.

* * *

Investing Account Balance: $241.92
Stock / Futures Trading Balance: $734.39
Online Savings Balance: $22.10

Total Trades and Investments: 3
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $82.56
Average Loss: $82.56
Accuracy Rate: 33%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.02

This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and tolerance for risk.

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