Tuesday, May 27, 2008

Open positions for May 27th

Here is the status of my current holdings:

Symbol Entry Date Entry Price Current Price Profit %
RCCC 22/01/2008 44.13 44.64 1.15
SATC 05/05/2008 1.86 2.37 27.42
ASTSF 05/05/2008 14.59 14.76 1.65
NUCO 19/05/2008 29.56 29.77 0.71

2 comments:

Eyal said...

Hi,

Interesting blog. Did you post at any point about some general ideas behind this system? For example. is it a swing trading system? Off daily prices? Is it based on Price and/or Volume? Is it a pullback in a trend or a breakout style?

Also something doesn't look quite right with this one:

SATC 05/05/2008 1.86 1.82 27.42

Current price is showing 4 cents below entry but the position is still +27.42%. Did I miss something in how to read the table?

Good luck
Eyal

Ofir Amitai said...

Hi,

The system enters long positions only and does not deal with options so no shorts or swing :)
the blog reveals a lot of details about the system including results for test I run. The most important thing is that I buy and sell on a weekly basis thus eliminating a lot of noise. If you think about it there aren't many systems in the market which use weekly charts and I believe here lies the potential.

SATC is currently 2.57. I bought it at 1.86 meaning 38.17% profit.