CMC results to date

The posted CMC trades, just one of the stocks that I am tracking and trading, has produced a decent return on investment since September.

Five trades posted, 4 winners and 1 loser.

Using the typical "$1,000 invested could have been..." method of reference seems a little unrealistic as the price varies and percentages can be deceptive if spun the right way. Assume that a trade size of 100 shares (the typical lot size) the first trade (a short at $14.50) would have tied up $1450... so I will use that as the starting capital. All trades thereafter remain 100 shares and, but as it turns out, $50 would have had to have been added to keep this size as the price does rise into the last trade.

Total profit was $400 for a 27.6% return based on the first trade of $1450 (26.7% if you count in the extra $50 added at the end)

Not bad.

Doing the compounding thing based on the share prices for each trade turns this out to $406. Interesting as I thought that it might have been a bit higher. The loss early on and the larger share price at the end reduced the effectiveness of the compounding.... but an extra $6 is still $6.

I'll post my total record next time around. I have the data but just have not run it through the ringer yet, some I traded and some I did not so it's a little all over the place right now.

Jeff.