Bull or Bust

a bull's view

YTD STATUS REPORT

YTD STATUS REPORT

Some of you may be wondering how I went from being up 26% YTD to roughly 12.5%…and I wouldn’t blame you. It turns out the more money you deposit the more profitable you must be to keep the YTD gains looking good. I’m not sure how else to calculate it and I must admit this problem is quite frustrating. If you deduct my last $10,000.00 deposit I am still up a significant amount YTD.

That’s the problem! The recent 10k has not been allocated to anything, is sitting in cash and therefore has made no money. It should, technically, not be counted in the YTD gain / loss calculation, but I have no choice. Thus, it reduces my overall YTD gain. Bummer…

Also, for those of you who are really paying attention, you may notice the YTD gain dollar amount is also lower. This is a result of a secret trade that I will not discuss just yet. I will say this: the commission on the trade was nearly $1,000.00 which should tell you something…

NO REWARD WITHOUT RISK!

 

Stock and Option Trading