Search This Blog

Saturday, May 31, 2008

Week in Review for May 31, 2008

Challenge Accounts:

Investing Account Balance:
$247.27
Stock / Futures Trading Balance: $735.61
Online Savings Balance: $27.15

Personal Trading Thoughts: End of the week. Next week I might look for the short side..

Personal Investing Thoughts: Market hasn't done a whole lot. Remember. "Sell in May and Go Away". We've had a rally in the market, and we are now approaching seasonal weakness. Especially starting mid-June. Not comfortable buying right now for long term.


So we arrive at the end of another week. I review the stock market, one of my personal investing DRIP buy and hold accounts, as well as progress with the Challenge Account ...



On Monday, I'll post regarding the Challenge Project, and then post on Tuesday regarding my thoughts regarding June ...

* * *

Investing Account Balance: $247.27
Stock / Futures Trading Balance: $735.61
Online Savings Balance: $27.15


Total Trades: 4
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

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.

Search Investing and Trading Articles and Products