Friday, February 27, 2015

02-27-2015 - Monthly Results - February 2015

This month saw both extremes. The highest highs and the lowest lows - a very humbling experience. No matter how many times it happens to you, making money and then losing it is always worse than if you never had it.

The 2nd week of the month showed what the Russell charts are capable of.... 7 winners in a row
The bonds charts just went dead on me - so they have been turned off until they start trending again
I made a few mistakes this month - and the lack of a written plan to follow has cost me a little money

But....
Even with all that turmoil, the overall portfolio still was green for the month - $971.25 - not exactly what I was looking for, but much better than a losing month - and the profits from January ($9948) are still in play, making the total portfolio profit $10919.25.
The lessons in this business are expensive - so any time you can end up green is a good thing. With the exception of the bond charts, I think the pullbacks in the charts have all been within normal parameters. Over the weekend, I hope to "promote" a few more charts to the live trading arena. The market is always changing - and it never stays the same for very long, so hang on - its gonna be a wild ride!




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