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Re: JohnCM post# 26

Saturday, 12/15/2018 12:29:41 AM

Saturday, December 15, 2018 12:29:41 AM

Post# of 133
Okay, thanks. I just compared the 2 ETFs on the same chart...% return over time. They track each other damn near perfectly, but your MJ fund generally yields better returns...

September 4th to present (the day we bought our first pot stock):
MJ: -22.1%
HMMJ: -31.6%

YTD:
MJ: -28.0%
HMMJ: -36.5%

You can see that while MJ does better than HMMJ its performance ain't exactly anything to write home about either.

These miserable returns may show what I have suspected...that it might be a lot better to swing trade these MJ stocks rather than hang onto them long-term and always have constant exposure no matter what.

Think I'll just keep on doing what I've been doing all along, and if I start performing as poorly as these guys I'll just quit trading altogether and find a new hobby. Maybe I'll take up throwing darts...it appears to be what these fund managers have been playing.
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