My Portfolio- 300% return in 6 months
After reading the thread about a member who achieved 140% return in 4 months on a paper account and seeing the responses to it, raising 100K in capital. I felt is if i could do the same. On my paper account I received a rate of return of 300.50% in the time between May 29 2010 and January 13th 2011. I admittedly used some risky stocks that I would not have normally invested in but most of my gains were made through trading leveraged SP 500 ETFs, like UPRO and SDS. I have changed my investing strategy since then after doing much research on the Grahm ideals of investing. Paper accounts are in realty not very accurate so before I start seeking capital and funding, for the next 6 months I will be posting my Picks for the coming month and how they faired in the last month. If you guys feel that you would like to use my strategy PM me, but for now I will provide my portfolio details for free.
Holding #1 (50%)
INTC (Intel) Call Option expiring Jan 21 2012 strike 17. 50
Current Price 4.60
Holding #2 (30%)
MMM (3m) Call Option expiring Jan 21 2012 Strike 85.00 (30%)
Current Price 7.85
Holding #3 (20%)
NFLX (Netflix) Put Option expiring Jan 21 2012 strike 230.00
Current Price: 44.95
already expired option?
So you made directional bets through options (leverage).... sweet strategy, bro.
So you have 100% of your capital in three ideas?
lol, as long as he knows what risks he is taking, I don't think putting 100% capital in three ideas is wrong. But if you are really that sure about the future direction and speed of Intel or 3M to make outright directional bets with call options, why stop there, short the puts at the same strike while you are at it.... Then you probably will be making 3000% return (or infinite) in 6 month...
This is a fishy post. The guy has 4 banana points and is posting the details "for free", implying that if you PM him he will try to charge you for some fancy magic bullet that will guarantee you returns in the future.
I smell some SPAM cookin'
The fact that you are here replying probably means it's not spam, since most spammers don't come back to read their own spam.
Cheers mate, sorry for the accusation.
Threw a couple Silver Nanners your way. No hard feelings.
The unfortunate thing about paper trades is that there's no way to verify if you've actually made the calls at the time that it mattered, or decided to spin the story post factum
Just watch out, if you start investing in stuff that is off the exchange and/or has extremely low volume because even though from what i can tell you aren't trading inside if you incite large volume in low volume paper you can be investagated
Beef, Thanks no hardfeelings. After spending a couple weeks on this site and revisiting this thread my OP seems so stupid. I apologize for that, my newbiness got the best of me. As far as the portfolio goes here is a link to it https://spreadsheets.google.com/ccc?hl=en&hl=en&key=tj1ExQErM-DRqmvy3El… Up about 10% for the 10 period since I posted it. The only change I will be making is cutting my holdings of INTC by 10% and adding 10% to my Put options on NFLX.
Very nice... I've played a little with options but to be honest they are still scary to me. I can't say I understand them well enough to make risky plays. Can you recommend any good sources for learning?
The one advantage of doing call only purchases with options is that your loss is limited and your up side is infinate
As I said I would do a monthly update. This month I was up a little under 25%. It was a good month but could have been substantially better my INTC options were down 10% while my MMM and NFLX were up 60% and 35% respectively. I am currently confident in all of my holdings and have not made any changes. https://spreadsheets.google.com/ccc?key=0ApE6kSas3wOKdGoxRXhRRXJNLURScW…
good stuff, u might as well lose your premium.
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