Thread: ripper's account talk

Bought 50% SPY @ 194.54.

Originally Posted by ripper

Bought 50% UPRO and 50% SPY at the open.

Purchased UPRO @ 53.64 and SPY @ 195.11.
Currently holding 50% UPRO in Aggressive Model and 100% SPY in Conservative.

Sold UPRO @ 55.71
Sold 50% SPY @ 197.79

Sold SPY @ 198.56. All cash now.

Weekly Update

Aggressive Model
Current position: Cash
YTD: +13.8%

Conservative Model
Current position: Cash
YTD: +9.5%

I traded conservatively this week, as I wanted to be out of the market prior to the employment report on Friday.
All of my signals remain bullish. I may take a long position if we get a pullback and the signals remain bullish. If not, I'll wait until I get a sell signal and go short.

Aggressive Model: Bought 50% SPXU @ 32.72
Conservative Model: Bought 100% SH @ 21.25

I've noticed that the Russell 2000 has out-performed the S&P 500 in about 80% of my trades so far. Based on that, I've decided to use TNA/TZA for future trades in my Aggressive Model rather than UPRO/SPXU. I'll continue to use SPY/SH in the Conservative Model.

Added 50% TZA @ $48.74 to Aggressive.

Sold TZA @ 48.21
Sold 50% SH @ 20.96

Sold SPXU @ 30.94
Sold SPY @ 20.87
All cash now.

Originally Posted by ripper

Sold SPXU @ 30.94
Sold SPY @ 20.87
All cash now.

Correction: Should be SH @ 20.87