SELL ISF.L at 7.94. No confidence in markets at the moment so out for the year with 10.1% . Time in the market 83 days including weekends. Not great but reasonable considering it's a FTSE tracker trade and the index has been flat since May. Index itself is only up around 5% without the juicy dividends. Doubt anybody will have been persuaded to trade this way but that's what I'll continue to do. Finished with buy and hold and all it's sleepless nights. Let's see what 2025 brings. ? Good luck all.
DATE ..................................................... TOTAL
17 JAN........ BUY ISF......724.45 ..........100
29 JAN........SELL ISF.. .. 744.68...........102.8
16 APR........BUY VUSA...77.15 ...........102.8
07 MAY.......SELL VUSA...78.30............104.1
30 MAY........BUY ISF.......805.50...........104.1
10 JUN...... SELL ISF.......809.65...........104.8
13 JUN...... BUY ISF........792.16...........104.8
21 JUN...... SELL ISF.......801.15...........105.8
05 AUG..... BUY ISF .......779.30 ..........105.8
13 AUG......SELL ISF.......801.74...........108.9
13 NOV.......BUY ISF.......780.58...........108.9
20 NOV......SELL ISF.......791.54...........110.3
18 DEC......BUY ISF....... 795.10...........110.3
31DEC.......SELL ISF.......794.00...........110.1
A summary of the years trades . Just 7 trades , buying and selling , have produced 10% so no complaints . There's been other entry points where I've dithered. 6 entry points have been near enough using the lower momentum indicators. The last buy on DEC 18 went down 2% before recovering 31 DEC. That was all down to the flash crash in the US with the FED day and options expiry. Downside acceptable ? Indicators at oversold more than handy.
Exit strategy has been poor as too keen to make a profit. System is to go with 10 day moving average once the short term trend is moving higher. For example buy trade placed on 13 NOV at 7.80p but sold way to soon on 20 NOV at 7.91p. Following the 10 day MA as the stop loss would have produced 8.10p exit. Relax and use the system that's the answer. Listening to macro data can make a fool of us all in general .
In my opening post I suggested judging it all at the end of the year. It's not luck is it ? Well I don't think so but 99% of investors will continue doubt the merits of technical analysis.
https://stockcharts.com/h-sc/ui?s=ISF.L
WINNERS 2024..
No doubt the US markets have been the leader despite the overvalued theme rumbling on. No point trying to time markets on valuations then ?
SP 500 and NASDAQ ( A and B) well ahead. MSCI World Index ( C ) up around 20% . Well it would be considering it's 60% US market. Buy and hold wins here . FTSE and EUROPE not so good under 10% . Hard to go past a global tracker and go down the pub.?
https://www2.trustnet.co...SP500,NJM4B,NAWEURS,NUKX