Thread: ripper's account talk

Ripper, for us TSP types... is that like a move from C to F?

Originally Posted by Whipsaw

Ripper, for us TSP types... is that like a move from C to F?

No. It would be similar to moving from G and/or F to C and/or S.
I'm using this system for my positions on the AutoTracker to see how it works with the TSP system and made a transfer to 50C/50/S today. I used it for the AutoTracker last year and had a return of over 14%, which I was satisfied with since it was in the G fund the majority of the time.

If its not too much trouble, could you translate your moves to TSP speak? It would be highly appreciated by many, I'm sure. I obviously had it 180 out, which could prove to be disastrous in decision making.

Originally Posted by Whipsaw

If its not too much trouble, could you translate your moves to TSP speak? It would be highly appreciated by many, I'm sure. I obviously had it 180 out, which could prove to be disastrous in decision making.

Sure, I'd be glad to.

As I posted earlier, I sold my 50% position in SPXU for 18.33, for a loss of 1.6%. That reduces the system's year-to-date profit to +2.3%.
I took a 100% position in UPRO at the closing price of 76.63.
I also made an IFT on the AutoTracker to 50C/50S. My YTD return on the AutoTracker is currently +1.43%.
Obviously a little late to the rally, but just following the system. Hopefully there's something left in this bounce.

It appears that the system will move to a sell signal at the close today, so I am making an IFT to 45G/45/F/10C on the AutoTracker.

Originally Posted by ripper

It appears that the system will move to a sell signal at the close today, so I am making an IFT to 45G/45/F/10C on the AutoTracker.

That didn't go well.

The system I'm following uses closing market data. This morning, there was a high probability that the key indicator I was watching would move to a sell at the close. Since the TSP cut-off is 4 hours before the close, I chose to front-run the signal and make an IFT. Naturally, the indicator moved back to a buy in the last hour of trading, so the system remains on a buy.

I knew this would be an issue trading with TSP. I guess from now on I'll wait until I'm certain of the signal, even if it means making a transfer a day later.

System officially moved to a sell at the close today. I will sell UPRO at tomorrow's opening price and take a 50% position in SPXU.

I sold UPRO at today's opening price of 79.90 for a gain on the trade of 4.3%. I took a 50% position in SPXU at the opening price of 17.30. Following this morning's trades, the system has a return of +6.7% YTD.
The system remains 45G/45F/10C in the TSP with a YTD return of +2.83%.

While the system remains on a sell - for now - I made an IFT on the AutoTracker this morning to move to 90G/10C to lock in the recent gains from the F Fund.

I also sold some of my SPXU in my personal account, although the allocation will remain at a 50% position for tracking purposes until I get a signal to move to cash or buy. I felt it prudent to lock in some gains from a 9% gap up at the open.

The system moved to cash today. I sold my 50% position in SPXU at 21.54 for a net profit on the trade of 12.3%.
The system is now in cash and is +19.8% YTD.

The TSP model remains 90G/10C and is +2.37 YTD per the AutoTracker.