The chart is a mess. There's really no support close by after the big post earnings pop. 5 red candles in 6 days. Trump tariffs taking effect this weekend...nobody in their right mind should take this trade. So why did I?
A) I literally have only JNPR in my portfolio when it comes to tech, so I am underrepresented in the space.
B) anyone who follows me already knows what I'm about to say... my algo made me do it. 295-2 with an average gain of 1.93% in an average of 13 trading days (.15%/day - about 3.5x the average return of the market). It has had some rough trades in the last year (long holds and more lots of capital committed than I'd like), but this is a probability game for me, so I'm hoping it'll go as smoothly as my other trades have lately. I'm prepared for that not to be the case, though. I don't like what the market did today and I think it could be a bumpy ride next week. I may regret not just leaving this money in
BIL over the weekend, but that's the trading life. Wish me luck.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
A) I literally have only JNPR in my portfolio when it comes to tech, so I am underrepresented in the space.
B) anyone who follows me already knows what I'm about to say... my algo made me do it. 295-2 with an average gain of 1.93% in an average of 13 trading days (.15%/day - about 3.5x the average return of the market). It has had some rough trades in the last year (long holds and more lots of capital committed than I'd like), but this is a probability game for me, so I'm hoping it'll go as smoothly as my other trades have lately. I'm prepared for that not to be the case, though. I don't like what the market did today and I think it could be a bumpy ride next week. I may regret not just leaving this money in
BIL over the weekend, but that's the trading life. Wish me luck.Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
ملاحظة
It's still a buy and cheaper than it was yesterday, so I added another lot today at 81.78. Important note - all additional lots are equal DOLLAR amounts, not equal numbers of shares, necessarily.Lots currently held:
Lot 1 - 83.02
Lot 2 - 81.78
ملاحظة
Sold lot 2 for a rather uninspiring 81.88 - a 0.16% gain in 1 trading day. Still, that gain is almost 4x the average daily return of the S&P. Average that for a year and nobody's complaining. I know I'm certainly not.Lots still held:
Lot 1 - 83.02
ملاحظة
Added lot 3 today for 78.96 before the close. Looks like I was right to be a little worried about this particular trade. It's not like they said business was falling apart, though, so I think this gap might be a little overdone. But nobody ever made money telling the market what to do. I just stick to the plan and will have to likely wait this out a longer than I had hoped.Lots held:
Lot 1 - 83.02
Lot 3 - 78.96
ملاحظة
Added lot 4 at 77.00 even. Lots held:
Lot 1 - 83.02
Lot 3 - 78.96
Lot 4 - 77.00
ملاحظة
Sold lot 4 at the close for 77.26 for a .34% gain in 1 trading day.Lots held:
Lot 1 - 83.02
Lot 3- 78.96
ملاحظة
Added another lot today at 76.67 just before the close. It's the 5th one in total (including ones sold), so that's why I'm labeling it Lot 5.Lots held:
Lot 1 - 83.02
Lot 3- 78.96
Lot 5 - 76.67
تم فتح الصفقة
Closed lot 5 at 76.94 for a gain of 0.35% in one day. Was up over 1% with less than an hour left in the trading day. Rules are rules, though.Lots held:
Lot 1 - 83.02
Lot 3- 78.96
ملاحظة
Added another lot at 70.98 just before the close today.Lots held:
Lot 1 - 83.02
Lot 3- 78.96
Lot 4 - 70.98
ملاحظة
Sold lot 4 at the close for 72.69, a 2.41% gain in 1 trading day.Lots held:
Lot 1 - 83.02
Lot 3- 78.96
ملاحظة
Added lot 6 at 56.35 - what a lovely week to be a trader, lol.Lot 1 - 83.02
Lot 3 - 78.96
Lot 6 - 56.35
ملاحظة
Sold lot 6 at the open for 58.63 - it went back and forth at the close yesterday and I was having internet problems, so I didn't sell it then. Turned out bad internet luck was good financial luck for me there (for once). Lot 6 made 4.05% in what I'll call 2 trading days rather than 1.00001.Lot 6: 56.35 --> 58.63 = 4.05% in 2 trading days
ملاحظة
Wish I'd have kept that lot one more day, but rules are rules. The 2 remaining lots (Which I forgot to put here yesterday) both got to ride that wave today.Lots still held:
Lot 1 - 83.02
Lot 3 - 78.96
ملاحظة
Just sold lot 3 at 79.44 - a 0.61% gain in 70 trading days. I should have sold it Wednesday, but it ran up into the close and I didn't realize it until after the close and couldn't get a fill after hours. Lots still held:
Lot 1 - 83.02 (-4.31%)
Already closed lots collectively (+7.9%)
ملاحظة
Added a lot today at the close at 76.51Lots still held:
Lot 1 - 83.02
Lot 8 - 76.51
ملاحظة
Sold lot 8 at the close today for a +0.58% gain in 3 trading days. Remaining lots:
Lot 1 - 83.02
أغلقت الصفقة: تم الوصول للهدف
Well, it is about time. Finally got out of the last lot of QRVO today just before the close at 83.83. I hate it when my capital is tied up this long. But, it was a win. Final tally on this one is below. While the final lot took forever to come off the books, overall the trade did OK. Better than you'd expect given how long that first lot took to become profitable.ملاحظة
Trade results for my recordsWins 8
Losses 0
Lot 1: +0.98% in 101 trading days
Lot 2: +0.58% in 3 trading days
Lot 3: +0.61% in 70 trading days
Lot 4: +4.05% in 1 trading day
Lot 5: +2.41% in 1 trading day
Lot 6: +0.35% in 1 trading day
Lot 7: +0.16% in 1 trading day
Lot 8: +0.34% in 1 trading day
Avg gain per lot = +1.19%
Avg holding period = 22.4 trading days
Avg gain per lot per day held = .054%
Annualized RoR = .054% x 252 = +13.6%
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.