Following $$$MrMarket$$$

[Karel]

Indeed, the win/loss ratio should be inverted. But the curve remains nice even then!

Regards,

Karel

[spikefader]

Oh, thanks; I'll fix that. Not enuf coffee yet. Doh!

[spikefader]

Speaking of profitable equity curves.....Karel, you should do one for your Mechanical Fund. That thing is rocking!

[Karel]

After two months another report on the Following $$$Mr.Market$$$ portfolio. There were no changes, the road was bumpy (percentage changes over two months):

IWM: 25489 (-3.5%)
SPY: 23036 (-0.6%)
FMM: 22647 (-3.1%)
QQQQ: 21898 (-4.7%)

Our FMM portfolio gained on the leader and widened the gap with number last, so these two months were not bad at all. The annualized return dropped to 4.0%. Reculez pour mieux sauteur, and things like that.

The individual stock results look like this:
40 winners (including open positions), average 14.4%
10 losers (including open positions), average -33.7%
50 total positions, average 4.7%

Regards,

Karel

[Karel]

Exciting developments in the Folllowing $$$Mr.Market$$$ portfolio (FMM)! MM has sold a position not in the portfolio, so this means that the portfolio will get an extra position! But that was already in July; what happened in June?

IWM: 25223 (-1.0%)
SPY: 22869 (-0.7%)
FMM: 22676 (+0.1%)
QQQQ: 21577 (-1.5%)

The FMM actually gained this month! The index portfolios all lost. That is not bad, but the annualized return dropped to 3.9%. 1/10th of a percent isn't enough, obviously. The trades, including open trades, look like this:

41 winners (including open positions), average 14.0%
9 losers (including open positions), average -37.1%
50 total positions, average 4.8%

Regards,

Karel

[Karel]

In July, $$$Mr. Market$$$ sold a position not yet in the Folllowing $$$Mr. Market$$$ portfolio (FMM) and added AXR. That means the index portfolios also got a "position" extra. (I am filling the index portfolios as the FMM portfolio gets filled, otherwise the indexes would have got too much of a head start.) The standings on the close of July were:

IWM: 24733 (-1.9%)
SPY: 23077 (+0.9%)
FMM: 22105 (-2.5%)
QQQQ: 20805 (-3.6%)

This was not a good month. The total annualized return dropped to +3.0%. The trades, including open trades, look like this:

41 winners (including open positions), average 14.3%
10 losers (including open positions), average -37.1%
51 total positions, average 4.2%

Regards,

Karel

[Karel]

August was not a good month. The benchmark index portfolios all gained 2% or more, and the Following $$$Mr.Market$$$ portfolio dropped -0.2%. The ranking:

IWM: 25389 (+2.7%)
SPY: 23524 (+1.9%)
FMM: 22060 (-0.2%)
QQQQ: 21661 (+4.1%)

The portfolio is looking a bit stale, sad to say. Time to shake things up a bit?

Regards,

Karel