Long MA at 511.38 - pullback in an uptrend

1月6日

MA has been an excellent stock to trade with my system, producing one of the highest returns per day held of any megacap stock at .23%/day held (58% annualized) spanning over 400 real and backtested trades. The average holding period is 7 days and the max lots held at any time in the last 17 years would have been 10. It tends to pay off well and pay off quickly.

It is currently trading just off its 6 month high, set on 12/26 and in the middle of a solidly uptrending regression channel. None of those things guarantee success, but trading is about putting the odds in your favor, and this setup is about as good as it gets in that regard.

Initial lot was purchased just before the close today at 511.38

Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.

As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.

1月7日

注释

OK so it was a hectic close today. I was traveling today and walked in the door 5 min before the close. At that point, MA was up on the day so I set up my sell order for the close and executed it at 512.00 like 1 min before the close for a lousy 0.12% gain in 1 day. But in the last minute of trading it tanked and ended up down for the day and I should have added a lot rather than sold.

So after hours I am trying to get back in at my original price, but am having no luck so far. If I can't pull it off tonight, I'll try again premarket or during regular hours tomorrow, but only if I can get back in at 511.38 or better. If not, I'll have to settle for the 0.12% gain. I'll update either way tomorrow.

1月8日

交易手动结束

Never got a chance to get back in - figures it went up 1% today. Nothing I could have done here with how this played out yesterday. Things like that happen sometimes and while this time it hurt me, the reverse has been true before in similar situations. It all evens out over the long haul, I suspect. Anyway, the 0.12% gain in 1 day is still almost 3x better than the long term average daily return of SPY, so I guess I should be happy regardless. It's disappointing, though, because MA doesn't go on sale all that often. Such is life - gonna be putting that money back to work today at the close.

1月8日

注释

Trade summary for my records

Wins - 1 Losses - 0

Avg gain per lot = +0.12%
Avg holding period/lot = 1 day
Avg gain/lot/day held = 0.12%
Annualized return = 0.12% x 252 = +30%