Just calculated my Q4 and year-end trading account returns. Not too bad. Overall I certainly did well but we were (are) in a spaztastic bull market so can’t take all that much credit for it. And I did not make my goal of a double due to some dumb trading errors so that’s a drag.<\/p>\n
For Q4, I had a 10.7% return. Had it not been for November, probably would have been much better. This quarter my biggest wins were (big surprise) in momo stocks: $TWTR (seriously the gift that keeps on giving in December), $SCTY, $GOGO, $NFLX, $WYNN and $AMZN. But then also in $AAPL and $ISRG (went short on that which I never do so that was fun.) Also did well in Chinese solars stocks that should just be called roulette. <\/p>\n
Biggest loser was hands down, no questions asked $NUGT. But since that should also be called roulette, what are you going to do. Since it was a huge winner in previous quarters, I won’t complain. Too much anyway ;) This thing really should be in my don’t ever, ever trade this again category. But I haven’t put it in that bucket yet. <\/p>\n
For the year, I was up 39.5%. A good year for sure. I hope I can do as well next year. I’ve done decently on sticking to my “take profits” rule but did leave some money on the table in $TSLA. But I think I’ll get that back. Did OK on my “stop trading so many options” rule. BUT, besides 2 initial buys\/sells on IPO day and some sitting in my long-term account, I’ve traded $TWTR only through options. And done very well. So that will likely keep me in the casino. <\/p>\n
Still taking most ideas from inside the 12631 trading room. Followed @chessNwine in pretty much all of his longs. I don\u2019t go short much though (other than his $ISRG which worked GREAT!) I followed more of RaginCajun\u2019s quick strikes this quarter and ideas from other members that worked out quite well for the most part. Much smarter market people in there than me :) Plus I’ve gotten some great long term ideas from Chess that are working very well in my 401k. <\/p>\n
So I’m ready for 2014 to be another good trading year. Who knows what the heck will happen in the market but I think being in 12631 gives me a definite advantage. I invest in my 401k. I trade in my trading account. I do not confuse the 2. I will still keep my trading account relatively small. I will still make my quarterly physical gold and silver purchases. I will not trade Bitcoin. And I will still keep most of my money in cash or private investments. Kitten is generally conservative and will keep it that way. Just calculated my Q4 and year-end trading account returns. Not too bad. Overall I certainly did well but we were (are) in a spaztastic bull market so can’t take all that much credit for it. And I did not make my goal of a double due to some dumb trading errors so that’s a drag. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[746,1],"tags":[1088,1084,1104],"class_list":["post-10545","post","type-post","status-publish","format-standard","hentry","category-investing","category-uncategorized","tag-1088","tag-chessnwine","tag-ibankcoin"],"_links":{"self":[{"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/posts\/10545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/a99kitten.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10545"}],"version-history":[{"count":8,"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/posts\/10545\/revisions"}],"predecessor-version":[{"id":10553,"href":"https:\/\/a99kitten.com\/index.php?rest_route=\/wp\/v2\/posts\/10545\/revisions\/10553"}],"wp:attachment":[{"href":"https:\/\/a99kitten.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/a99kitten.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/a99kitten.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n A fool and his money are lucky enough to get together in the first place. ~ Gordon Gekko <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"