Hello everyone, a few quick updates on the current trades:
Oct 22nd: Long AAPL: -8,78%
Oct 31st: Long EBAY: -22,81%
Nov 19th: Long BIDU/Short YHOO: +6,43% (including the half trade taken off earlier on)
Jan 9th: Long IDC/Short KNOT: +20,79% (I will close out this position tomorrow morning!)
AAPL: So far that trade has done better than the market, mainly because of the results that were announced yesterday!
So overall since in the past 3 months, including closed trades, picks are doing not bad:
Performance: -0,53%
Average compared to S&P500: +7,48%
EBAY: Stopped out of that one this morning as it reached the maximum 20% loss I’ve set on trades..! All for now, I will update the performance of IDC/KNOT tomorrow at the open!
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Close of IDC/Knot at open was done at these prices:
KNOT 6.88
IDC 23.12
Profit of 20.75%
[…] out about the performance of the Intelligent Speculator and his recent trades on the market. Still some tweaking to do with hi strategy However, he did some great trade […]