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Sunday, December 5, 2010

Airelon's Challenge Chronicles No. 3: Evolution of A.C.C. and Market Thoughts (PODCAST)

(Please note there are a few entries today)

So what is "Airelon's Challenge Chronicles"? You can find a description by clicking here.

I discuss trend exploitation, my methodology as it relates to 'dabbling in a trend' to see if it takes off or not, dividend investing thoughts, trading thoughts ... as well as thoughts as to the 'evolution' of A.C.C. ...

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)

Click here to download this podcast.

Then, as the markets continues to evolve? My thoughts will continue to evolve and I may filter out markets, or focus in on specific markets; as I describe in my "Trading Methodology" series. I'll update as best I can on this blog throughout the week as that 'filtering' process takes place.

As follows is a summary of the "Challenge Chronicle" 'three sister' accounts as of this evening ...

Investing "Sister" Account: $1,307.85
(YTD the account is +0.09107% Continuing Yield is approximately +10.11% in cash dividends and additional shares of stock)
  • 6.2685 shares of KO (DRIP is on for 4.2685 shares)
  • 5.158 shares of JNJ (DRIP is on for 3.158 shares)
  • 10 shares of GIS (DRIP is on for 10 shares)
  • Cash: $224.75
-$100.00 of this cash I reserve for 'maneuvering' capital
-$ 62.00 of this cash I reserve to D.C.A. KO

-$ 71.45 of this cash I reserve to D.C.A. JNJ
-$ 0.00 of this cash I reserve to D.C.A. GIS

-This leaves -$8.70 cash available for a new purchase
  • Additional $225.00 available from slush fund, up to $1,531.66
Trading "Sister" Account: $2,571.82
( YTD cash contributions, equity and return up about 2.856 % )

(Short 2 YGG1 from 1362.80 and 1362.50, Covered at 13.0.80 and 1360.30. Eliminated one contract profit as mentioned in podcast)
  • 2% risk tolerance gives us $51.42 'at risk' levels
  • 3% risk tolerance gives us $77.14 'at risk' levels
  • Additional $225.00 available from draw-down / slush fund, to $2,796.41

Savings Side-Pocket Balance: $900.00
(YTD cash equity up about 0.00 % Return on Capital is 0.00 %)
  • $225.00 for a Slush fund / Draw-down Kill Switch fund
  • $289.30 for a Base Savings
  • $225.00 for Emergency Savings

Total Airelon's Challenge Chronicles Balance: $4,779.26

* * *

Note: 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 14 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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