Thanks. I will have to watch the charts. Hoping C and S can pick up some ground after today's dip.
Actually my entry points are defined by the 13 EMA crossing above the 20 MA. The sell signal occurs when the 13 EMA crosses below the 20 MA. The 13 EMA crossed above the 20 MA yesterday in both the C and S funds. Therefore I am submitting my first IFT for July 50% G fund, 25% C fund and 25% S fund, eff COB today. As for the best fund/worst fund data, I look at it, but it is not a major factor in my moves.
So that is my simple method for getting in and out of the market. However I belong to one of the premium services but do not always follow the recommended buy and sell signals. Any move I post on my thread is my own move. I do not post buy and sell signals provided by my premium service if I decide to follow it.
Have a great day and good luck!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Thanks. I will have to watch the charts. Hoping C and S can pick up some ground after today's dip.
Well, well, well. Waiting to submit an IFT today, instead of yesterday gave me a much better entry price. Hopefully this was just a one day pause and we continue higher from here.
Good luck everybody!!!
Will post Best Fund/Worst Fund later this evening.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Here is the BEST FUND/WORST FUND as of COB 7Jul20.
G FUND F FUND C FUND S FUND I FUND 15 DAY TOTAL 0.03% 0.76% 2.76% 2.09% 2.53% 60 DAY TOTAL 0.15% 2.39% 13.31% 20.78% 13.62%
Have a great evening!
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
Here is the BEST FUND/WORST FUND as of COB 9 Jul, 2020.
Have a great evening!
G FUND F FUND C FUND S FUND I FUND 15 DAY TOTAL 0.03% 1.03% 1.46% 1.20% -0.01% 60 DAY TOTAL 0.14% 2.41% 11.48% 20.48% 11.74%
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
So I had an opportunity to check out all the changes to the TSP website. I can't say I'm impressed. The new layout seems to be skewed toward the L funds.
The bulk of investors are invested in the individual funds. I guess some genius figured the reason was "We're not promoting the L funds correctly".
Instead of wasting time on that, why don't they figure a way to give us 4 IFT's per month instead of the current 2.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I still don't understand the reasoning for limiting IFTs - transaction costs will be incurred each day that they reapportion, whether we move our funds or not right?
I think Tom explains it pretty well in his commentary of 7/14/20, "The TSP doesn't really appreciate those of us who move our money around, and with some odds stacked against us like the deadlines, you can perhaps understand why they'd discourage us from trying."
I couldn't have said it any better.
"the biggest mistake that traders make is to let these short-term trades turn into longer-term investments when they don’t work." RevShark
I still don't get it, though. Isn't it just a bunch of machines involved? When I move from the G to S or S to C, is there a single human action involved, other than myself logging in and requesting it? All I can see is that it might delay they're reporting functions as all of the transactions process, but couldn't that strain be alleviated by doing away with the deadline/cut-off hour of noon?
I feel like the resistance to give us more trades and remove the limitations is that they don't want to see a lot of government employees sitting around during the workday studying their balances and planning financial moves instead of working. I admit, that I'd be guilty of that if given the opportunity
Scott Harrison
Senatobia, MS
When the limits were put in place, word was there were folks moving hundreds of thousands of dollars almost on a daily basis; this put a tremendous burden on placing those trades (there is some connection to the market and financial vehicles for the TSP funds). Still, to go to the draconian level of trades we are at is way overkill. As for watching the market, I think it comes with the territory when made a significant element of our retirement programs.
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Back in the day, there were a handful of people on few the public computers at work that would move their money on a daily basis many times. These were the kind of folks that got the limits put in place. I would gladly pay $50-$100 per move above the limit when we are talking about moving hundreds of thousands of dollars. With automation this should be easy.
The TSP really wants everybody in the L funds, and ironically, the L funds rebalance EVERY DAY so in effect they make an IFT daily.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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