Monday, January 06, 2014 4:41:58 AM
2013 New Economy Portfolio Year End Review:
In my “New Economy portfolio” that began on August 15th, 2011, I started at $70,871.82. Ending 12/31 my portfolio was $89,322.25 which is a gain of 25%.
In 2012 I started with $89,322.25 and ended with a balance of $173,011. That is a gain of 88%. In 2013 I started with $173,011 and ended with a balance of $264,817. That is a 52% gain for 2013. My goal for 2014 is to be more aggressive trading this portfolio and to end with gains of over $500K in this acct.
All trades were posted in real-time in my portfolio grid. I weighted some positions higher than others based on share price & DD attained. Everyone needs to determine the share count they decide on for each purchase they have on a stock. I tend to have varying degrees of risk tolerance with each investment I make & find that my purchases may not be suitable for everyone. Each individual should base their risk tolerance on their DD attained & financial situation best for them. As a free board that shares information and does not make suggestions on stocks or make money from readers, I will continue to keep my share count purchase confidential. I post what securities I buy & sell & when I buy and sell and have done this for past 5 yrs for my readers. As I have stated before, traders don’t need to mimic all of my trades to be successful as shown over the years & this allows them to make their sufficient DD before purchasing a stock deemed worthy of their portfolio. It puts the responsibility with each trader for the $$ amount of shares they choose to purchase. Good fiscal responsibility that all potential investors should learn & will continue to benefit from. We see it everyday with the successful traders and the thousands of followers we have on the thread.
Thoughts moving into 2014:
This board is a free board for ideas & information. Everyone is here because they want to be as my goal continues to be to make money & try to provide DD on biotech plays that can offer strong appreciation of gains. Everyone needs to do their own DD on plays that they buy or sell as they are responsible for their own trading. That is the only way to become a better trader & that is to honestly assess where you are & where you want to be. Traders who blame other traders for losses will continue to lose big in this market as its all about taking responsibility for your trades. The retail market is unforgiving and you can lose your tail quickly if you don’t constantly manage the positions within your portfolio. You cannot rely solely on books or other people to do that as you are the key to your success as a trader!
Disclaimer: http://bit.ly/OlN9DB
In my “New Economy portfolio” that began on August 15th, 2011, I started at $70,871.82. Ending 12/31 my portfolio was $89,322.25 which is a gain of 25%.
In 2012 I started with $89,322.25 and ended with a balance of $173,011. That is a gain of 88%. In 2013 I started with $173,011 and ended with a balance of $264,817. That is a 52% gain for 2013. My goal for 2014 is to be more aggressive trading this portfolio and to end with gains of over $500K in this acct.
All trades were posted in real-time in my portfolio grid. I weighted some positions higher than others based on share price & DD attained. Everyone needs to determine the share count they decide on for each purchase they have on a stock. I tend to have varying degrees of risk tolerance with each investment I make & find that my purchases may not be suitable for everyone. Each individual should base their risk tolerance on their DD attained & financial situation best for them. As a free board that shares information and does not make suggestions on stocks or make money from readers, I will continue to keep my share count purchase confidential. I post what securities I buy & sell & when I buy and sell and have done this for past 5 yrs for my readers. As I have stated before, traders don’t need to mimic all of my trades to be successful as shown over the years & this allows them to make their sufficient DD before purchasing a stock deemed worthy of their portfolio. It puts the responsibility with each trader for the $$ amount of shares they choose to purchase. Good fiscal responsibility that all potential investors should learn & will continue to benefit from. We see it everyday with the successful traders and the thousands of followers we have on the thread.
Thoughts moving into 2014:
This board is a free board for ideas & information. Everyone is here because they want to be as my goal continues to be to make money & try to provide DD on biotech plays that can offer strong appreciation of gains. Everyone needs to do their own DD on plays that they buy or sell as they are responsible for their own trading. That is the only way to become a better trader & that is to honestly assess where you are & where you want to be. Traders who blame other traders for losses will continue to lose big in this market as its all about taking responsibility for your trades. The retail market is unforgiving and you can lose your tail quickly if you don’t constantly manage the positions within your portfolio. You cannot rely solely on books or other people to do that as you are the key to your success as a trader!
Disclaimer: http://bit.ly/OlN9DB
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