Thread: amoeba's Account Talk

Stunk it up with that IFT, especially the 30% in the I fund (which put me under 1% for the year). I really misread the Greek referendum vote; the polls were way, way, off. This could take awhile to sort out. I lightened up; half-hoping for a deadcat in the I-fund Tuesday. Trade volume isn't that high all things considered at the moment.

Markets deadcatted up Tuesday as my gut suspected but not by very much. I dumped more into G-fund accordingly - but my remaining 25% in equities was smitten quite badly today, Wednesday (7/8/15) by the triple whammy (Greece/Asia/NYSE snafu). I have 5% in equities remaining for posterity. SPY P/E down to 18, which is well above historical means but not way out of whack.

Volumes are up moderately but still not washout levels, so I believe there is more damage ahead in the coming days/weeks. Starting to look like the unwinding of last summer. As then, things can change quickly. Keep your eye on the noon deadline and your finger on the button - that is - for those with IFTs left. I'm not one of them.

Hot dam:

My annual return might be back over +0.5% at COB today (7/28/15); might even keep my losses by end-of-month under 1%. Letting my 14% ride. Will average up on the 1% rule if I can.

YAY!

Results in - - - - up 0.52% in 7 months - - - - I am a TSP god....no....make that an IFT god.

Somehow:

I keep going into the market at lower and lower levels, and bailing at even lower levels than that. I've tried a couple different strategies - getting out right away, and averaging down - and neither has limited the loss. This 2 IFT limit has ratted me to no tomorrow. This month (August 2015), I'm gonna let me 16% ride , and look for a top (to step aside), or a dip (to increase allocation). A 5% drop will only put me down ~1%, and if it rises, I'll be able to bail and get back in at the next dip.

I know it sucks when you see your earnings getting eaten up: BUT your sense of humor is great. You made me LOL. I love it "IFT God"....wish I had thought of that one. All the best to you in August!!!

FS

Teen being treated with experimental drug after contracting brain-eating amoeba | Fox News

They concluded that he contracted the amoeba while jumping into the lake.

i know we all are frustrated and losing money and would like to tell the market to take a hike, but c'mon amoeba, there's no need to take it out on the kids.

I guess if you think you have problems, its all relative...

I feel like I can't do anything right: I bailed from all in to 16%, and watched that erode through nearly the whole month of August and then fall off a cliff till I couldn't take it anymore, reduced my exposure to 6% and only then does the market flail up like a bottle rocket for two days; watch it settle and drop mildly today (8/31/15) - where upon I used my second IFT to wade in 25%.

Futures down sharply as I speak....looking at a gap down at the open somewhere around 2% and it could be a whole lot more than that. I should bail just so the market demons will mock me with another bottle rocket midweek. I will P away another 0.5% - if I'm were lucky - and I know I'm not.

I wonder if along the lines of W. Buffett that most traders can't beat S&P 500, perhaps account holders who are very active traders (2 standard deviations--upper 5%--in IFT) are less likely to do well. I am not stating you belong in that camp, I am just thinking aloud.

Looking at the top 30 in our tracker tells me, and you, that it isn't trading activity as much as how good of a trader that makes a difference. Me - not so good. I bailed on another very poorly timed, relatively gun-shy trade (25%), which still thumped me for another -0.5%. I'm not going to even look for two weeks. SQRU all this.