18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Having voted honestly. The dice went snake eyes more than than once last year. Ibankcoin is the future of finance for the plebs and renegades. Hallowed halls of trustworthy individuals hidden by nicknames. Amen.
As of 1/31, I was down 13% on a one year basis. I got destroyed last March/April and never recovered. Luckily February has been pretty good so my one year returns should improve pretty significantly
Damn near 100%. I buy and hold stocks. MNK by far my best performer, but AAPL, DIS, SLXP, SAVE catching up fast. My worst looser was GPRO, waited too long to cut the cord.
It was about 11% but it was stress free, no staring at a computer screen, and slept pretty good at night.
Just trading Rydex 2X funds intraday (10:30 AM entry) and usually out at the close and then do it all over again.
I don’t care what happens to the market during the day. I usually go for a bike ride.
Sometimes it works real well and sometimes it doesn’t but I trade with the bias on my side.
My day trade gunslinger days are over and this actually puts me back closer to my mutual fund trading days of the last century.
After getting 12 letters of inquiry from the IRS last year – I only made one trade this year Tried shorting biotech ( dumb ! ) via the BIS and lost $13.
I did return a few cases of soft dog food deciding my three pups can just eat dry. Premium dry of course, but dry nonetheless.
What kind of letters?
The Brokerages send out 1099B (or whatever it is) with all of the calculations done and it better match as this is what is sent to the IRS.
If it matches the computer won’t spit it out.
If you list your occupation as trader expect an audit.
The responses so far have been great. I have by no means hit a home run over the last 12 months, but I’m keeping up with the market. Can’t believe so many people are posting sub zero results. That’s the wall of worry, right there in plain sight…money that has missed out on a top quartile market return (relative to history) and can’t stand watching the markets tick up without them anymore. That’s how the blow off top happens.
Fortunately I have most of my $$$ in index funds, because my oil moves were, technically speaking, pretty stupid. I eked out small gains, and it was a lot harder than it needed to be.
About 12%, mostly Canadian blue chip.
My returns are so high, it would make me look like a ponzi scammer. But mostly, I’m a gambler drinking from cocaine-ladened bosom of Yellen.
32% should have been higher but had a minor fuck up on oil shit
Having voted honestly. The dice went snake eyes more than than once last year. Ibankcoin is the future of finance for the plebs and renegades. Hallowed halls of trustworthy individuals hidden by nicknames. Amen.
As of 1/31, I was down 13% on a one year basis. I got destroyed last March/April and never recovered. Luckily February has been pretty good so my one year returns should improve pretty significantly
I set up an options trading account to follow OA starting in August. It was down about 75% at the end of the year when I quit trading options.
Retirement accounts were down about 10% for the year, mostly due to the GPRO clusterfuck.
Damn near 100%. I buy and hold stocks. MNK by far my best performer, but AAPL, DIS, SLXP, SAVE catching up fast. My worst looser was GPRO, waited too long to cut the cord.
It was about 11% but it was stress free, no staring at a computer screen, and slept pretty good at night.
Just trading Rydex 2X funds intraday (10:30 AM entry) and usually out at the close and then do it all over again.
I don’t care what happens to the market during the day. I usually go for a bike ride.
Sometimes it works real well and sometimes it doesn’t but I trade with the bias on my side.
My day trade gunslinger days are over and this actually puts me back closer to my mutual fund trading days of the last century.
Why does it cap out at 25%+? 🙂
My one year performance through 01/31/2015 on my 401k was + 0.21% versus whatever the S&P 500 made during that same time frame. Yep, I sucked.
I’m down about 10%. I was too exposed to oil stocks and strayed away from my discipline and rules.
15%
8%. Got killed with uranium stocks last spring but made it up with shorting some energy stocks in the fall.
Still living on my 50% in 13.Last 12 month
Plus 1 %.
survivorship bias here…readers with crappy returns may have stopped visiting the site
-30% in brokerage. ARWR FSLR MBLY EMES a BITA nuked me first week of oct. IRA about flat, too overweight in miners.
8.6% absolute return strategy
Only accounted for brokerage, cried while i voted.
+13%
My account looks like a silver mutual fund, plus a bunch of TZA.
I am minus only 2% because of selling options, along with big gains in Sprint and Regulus.
My small account is completely discretionary money. Currently I’m down about 90 percent.
I was up about 600 percent last fall primarily due to PCLN calls. Then AMZN calls bought in late November brought a massive loss.
I’m a big boy. It’s happened before, and will happen again, until I change my trading correctly. It’s my responsibility.
I’m down 13%. I was heavily overweight oil stocks and compounded my losses by doubling down…several times.
1 Yr: 13.61%
“Safety First”
After getting 12 letters of inquiry from the IRS last year – I only made one trade this year Tried shorting biotech ( dumb ! ) via the BIS and lost $13.
I did return a few cases of soft dog food deciding my three pups can just eat dry. Premium dry of course, but dry nonetheless.
What kind of letters?
The Brokerages send out 1099B (or whatever it is) with all of the calculations done and it better match as this is what is sent to the IRS.
If it matches the computer won’t spit it out.
If you list your occupation as trader expect an audit.
I’m down 7% due to oil. It turned me inside out
My deepest and longest drawdown (31 months) runs on – That’s even after a 38% gain over the last 12 months!
Only CTAs can begin to understand how painful the last 3 years have been!
The responses so far have been great. I have by no means hit a home run over the last 12 months, but I’m keeping up with the market. Can’t believe so many people are posting sub zero results. That’s the wall of worry, right there in plain sight…money that has missed out on a top quartile market return (relative to history) and can’t stand watching the markets tick up without them anymore. That’s how the blow off top happens.
Fortunately I have most of my $$$ in index funds, because my oil moves were, technically speaking, pretty stupid. I eked out small gains, and it was a lot harder than it needed to be.