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Guy,
Good point! Hope you didn't lose too much of their money today.
Believe it or not, I'm actually down today with the big up move. Go figure
<G>.
JimG
----- Original Message -----
From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, March 08, 2000 6:14 PM
Subject: RE: latest family e-mail
> I'm trading with their money. :)
>
>
> Guy
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Jim Greening
> Sent: Wednesday, March 08, 2000 8:05 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: latest family e-mail
>
> Guy,
> Yes, but I'm running scared and your not <G>.
>
> JimG
>
> ----- Original Message -----
> From: "Guy Tann" <grt@xxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Tuesday, March 07, 2000 4:58 PM
> Subject: RE: latest family e-mail
>
>
> > JimG
> >
> > The longer I trade, the more I learn.
> >
> > With your methodology for selecting stocks and setting stops, even in a
> down
> > market, you have demonstrated the ability to make a silk purse out of a
> > sow's ear. :)
> >
> > This is why it's such a great business. We can both be right!
> >
> > Guy
> >
> >
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> > Behalf Of Jim Greening
> > Sent: Tuesday, March 07, 2000 5:03 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: latest family e-mail
> >
> > Guy,
> > It sure looks like you made a great call this time. As you said,
> it's
> > easy to understand how you're making money on this go around, but I'm
> amazed
> > that I'm still doing great on the long side with ARBA, CMRC, and QLGC
and
> > not bad with BBH, JDSU, and SDL. However, I am running scared and
> > tightening my stops every night <G>.
> >
> > JimG
> >
> > ----- Original Message -----
> > From: "Guy Tann" <grt@xxxxxxxxxxxx>
> > To: "Metastock" <metastock@xxxxxxxxxxxxx>
> > Sent: Monday, March 06, 2000 8:09 PM
> > Subject: latest family e-mail
> >
> >
> > > List,
> > >
> > > Here's our latest market e-mail to the family with a spreadsheet
showing
> > all
> > > trades since we started sending this message out (October 11, 1999) to
> > > family and a few associates of my brother (involved in his startup or
> > other
> > > business deals). What's interesting is that we can short the S&P
> futures,
> > > the DIA, SPY and the QQQ and make money on all of these positions,
while
> > > traders working with particular stocks can still make money while
> trading
> > > opposite our position. Right, JimG?
> > >
> > > Even though our initial margin is $4,688 per contract (for one S&P
mini
> > > contract), we maintain a balance of $14,064 per contract. We do this
to
> > > limit our Risk of Ruin to 0% as opposed to the 100% we used to run
(and
> > > proved right too many times). In order to calculate our "real"
return,
> > you
> > > would have to assume an investment of $14,064 instead of $4,688. This
> > would
> > > give you a net return of 119% since October 11, 1999 (approximately 5
> > > months). Again, this calculates out to be a 285.6% annual return on
> > > investment, which isn't too shabby considering you have 2/3 of your
> money
> > > tied up in TBills. You should also add in any interest income on the
> > > approximately $10,000 in excess margin in your account. I have
decided
> to
> > > drop this from our calculations and consider it just gravy.
> > >
> > > Depending upon your own personal aversion to risk, you could
> substantially
> > > increase your annual return by reducing the balance you maintain per
> > > contract. We have chosen to err on the side of caution and to
maintain
> a
> > 0%
> > > Risk of Ruin for our personal trading.
> > >
> > > Guy
> > >
> > >
> > >
> >
> >
>
>
>
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