mathjak's daytrading adventures

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mathjak107
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 10:54 am

Just added gold back , 1317 Gld and 633 shares gbtc a Bitcoin proxy .

No Tlt yet but I may add just 10% of the position ....I think the inflation fears have more to go
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 11:12 am

Dup
Last edited by mathjak107 on Thu Jan 21, 2021 11:16 am, edited 1 time in total.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 11:13 am

With the new rental laws out in effect last year I can’t see even being a landlord in New York anymore
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Re: mathjak's daytrading adventures

Post by modeljc » Thu Jan 21, 2021 11:31 am

mathjak107 wrote:
Thu Jan 21, 2021 10:54 am
Just added gold back , 1317 Gld and 633 shares gbtc a Bitcoin proxy .

No Tlt yet but I may add just 10% of the position ....I think the inflation fears have more to go
Is there a way to get the present premium on GBTC? One site had a +6.28 for yesterday. Lowest for a while?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 11:42 am

Not sure where to see it but at one point it was going for a discount to value.

I won’t buy much , Bitcoin is way to volatile but the fact it crashed and fell 25% from the high made it interesting
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Re: mathjak's daytrading adventures

Post by Kriegsspiel » Thu Jan 21, 2021 11:45 am

mathjak107 wrote:
Thu Jan 21, 2021 10:52 am
No longer own any real estate ....we sold the last two apartments in 2019 and officially closed the LLC THIS YEAR .

The best thing e ver would have been if our tenants did not pay the rent ...because they were coop but had original rent stabilized tenants who did not buy in the 1980’s the only way to eventually get them out is if they didn’t pay the rent
mathjak107 wrote:
Thu Jan 21, 2021 11:13 am
With the new rental laws out in effect last year I can’t see even being a landlord in New York anymore
I'd been considering renting out my current house when I move, but now I think I'll just sell it. Live-in flipping/ buying houses to rehab and sell looks like the winning play.
One horse can carry 125 kg on its back, but it can drag 2500 kg on a cart. If it pulls a barge along a river, it can drag 30,000 kg, 30 tonnes, and it can drag 50 tonnes if the weight is on a barge in quiet water, i.e., on a canal.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 11:58 am

To much of a job to rehab and flip .

We won a house in a tax lien sale and had to do that ...not something I would ever do again ..I had it with tenants after 33 years of being a landlord .

I want only passive investments that can be traded , sold or swapped with the push of a mouse
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 21, 2021 3:13 pm

Added 166 shares Tlt ....just dipping my toes ....eventually I need it to match the gold / Bitcoin position which is 10x that ...

I think we will have an inflation fake out for a bit longer ...then rates may settle in
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Re: mathjak's daytrading adventures

Post by Kriegsspiel » Thu Jan 21, 2021 3:18 pm

mathjak107 wrote:
Thu Jan 21, 2021 11:58 am
To much of a job to rehab and flip .
I meant a winning play for me :D :D :D
One horse can carry 125 kg on its back, but it can drag 2500 kg on a cart. If it pulls a barge along a river, it can drag 30,000 kg, 30 tonnes, and it can drag 50 tonnes if the weight is on a barge in quiet water, i.e., on a canal.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Sat Jan 23, 2021 2:55 am

So sold gbtc at a nice profit ..it rebounded well and I added the money to gold .....

currently have 1444 shares in Gld as of yesterday .

Sold the Tlt I had at a small profit so no Tlt at this point once again .

Holding about 34% in equities , mostly the fidelity insight growth portfolio and an s&p 500 index fund I had .that stays constant.

The rest is in cash and short term treasuries..only thing really absent for now is Tlt and it is kinda of a butterfly..

I do have a total bond fund , ultra short treasury fund and high yield fund in my income portfolio as well as 25% equities in that .
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 26, 2021 3:06 am

Added a bit of tlt yesterday. , so I am about 1/3 Tlt , 1/3 IEF and 1/3 bnd for the bond side ...

If Tlt falls farther I can always rebalance ief or bnd in to it ...

Also rebought gbtc for another crack at crypto
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Re: mathjak's daytrading adventures

Post by barrett » Tue Jan 26, 2021 9:40 am

MJ, how are you and your wife faring with your COVID recoveries? Are your lungs and stamina coming back?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 26, 2021 9:49 am

Thanks for asking .

I think we may have at least 2-4 weeks of more stressful cardio to start to get all our lung capacity back .... we feel great and do everything we normally would do around the apartment. But I am a jogger and ran 3-4 miles .....I am winded walking 4 flights of stairs .

We are in a 7 story building s o the stairs are my exercise machine
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Re: mathjak's daytrading adventures

Post by barrett » Tue Jan 26, 2021 10:58 am

mathjak107 wrote:
Tue Jan 26, 2021 9:49 am
We are in a 7 story building so the stairs are my exercise machine
Good to hear that you are both moving in a good direction. I had almost forgotten how good NYC apartment stairs are for legs and lungs. When living there I also got in at least four long flights of stairs in subway stations each day. And for 20-30 blocks I always preferred walking. Lastly, I chronically cut things close with regard to time, so I'd get in some sprints just trying to get places on time. Cardio through being disorganized!
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 26, 2021 11:21 am

It is crazy how all the things we take for granted can be ordeals when shit happens .

I mean I would jog miles and run up those stairs every other day ....now I got up to walking 4 out of 7 flights and I am totally panting for a few minutes.

The doctor said that is from my immune system pounding the respiratory system fighting the virus and inflaming it ...we also cover everything in mucus and it can take months to clear up
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Re: mathjak's daytrading adventures

Post by amdda01 » Tue Jan 26, 2021 12:34 pm

Does your building have an elevator - or strictly walk-up?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Jan 26, 2021 1:01 pm

amdda01 wrote:
Tue Jan 26, 2021 12:34 pm
Does your building have an elevator - or strictly walk-up?
We have two elevators ...but right now with us staying away from the gym , the buildings stairs have become my personal stair climber
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Re: mathjak's daytrading adventures

Post by Don » Wed Jan 27, 2021 5:55 pm

mathjak107 wrote:
Tue Jan 26, 2021 1:01 pm
amdda01 wrote:
Tue Jan 26, 2021 12:34 pm
Does your building have an elevator - or strictly walk-up?
We have two elevators ...but right now with us staying away from the gym , the buildings stairs have become my personal stair climber
Or you can venture outside and just run away from the muggers.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 28, 2021 3:35 am

Don wrote:
Wed Jan 27, 2021 5:55 pm
mathjak107 wrote:
Tue Jan 26, 2021 1:01 pm
amdda01 wrote:
Tue Jan 26, 2021 12:34 pm
Does your building have an elevator - or strictly walk-up?
We have two elevators ...but right now with us staying away from the gym , the buildings stairs have become my personal stair climber
Or you can venture outside and just run away from the muggers.
I shoot back
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 28, 2021 3:49 am

So as much as I really did want to wait a bit longer I ended up buying Tlt so I do have a complete pp at the moment .
I think rate fears have calmed down and we are starting to see scared money in equities and gold .

I may actually hold this a bit and not trade it other than to buy any dips in assets .

So we have :

1953 shares Tlt 153.71

1740 Gld 174.42

Equities are

8228 shares fidelity contra 12.86

435 shares ivv 321.00


Cash is

1677 shares vgsh
1102 shares bil

The rest fdlxx .


Also Holding 703 shares gbtc 32.50 , I bought and sold this last week for a decent profit and rebought again .

and 1179 shares hyg at 86.41..that has been paying a nice rate of interest over the months .


Only other portfolio I hold is the aggressive fidelity insight growth model ...that is 100% equities and holds my very very long term money ...it is five fidelity growth funds .

I will add to this model on any dips
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Re: mathjak's daytrading adventures

Post by amdda01 » Thu Jan 28, 2021 7:32 am

MJ,

Pardon my math, but aren't you short some stock?
  • Bond : $300,195.63
  • Gold: $303,490.8
  • Stock: $245,447.08 ($105,812.08 (Contra) + $139,635 (IVV))
  • Cash : $103,336.74 (VGSH) + $100,844.02 (BIL) + $100,000 (FDLXX)
Also, back in October you wrote:

"perhaps splitting tlt with lptz is a slight improvement as well as split shy with vtip"

How come you went all in with TLT as opposed to mixing with LPTZ?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Thu Jan 28, 2021 8:24 am

No , that is what I paid when I bought contra , it is 16.66 today and ivv is 377.87 today..the equities I have had for a while.

I decided to stay with Tlt since it has the most ooomph usually when stocks skid .... I had bought ltpz a while ago and tlt did better
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Re: mathjak's daytrading adventures

Post by amdda01 » Fri Jan 29, 2021 10:18 am

mathjak107 wrote:
Thu Jan 28, 2021 3:49 am
Also Holding 703 shares gbtc 32.50 , I bought and sold this last week for a decent profit and rebought again .

and 1179 shares hyg at 86.41..that has been paying a nice rate of interest over the months .
MJ,

GBTC up over 10% today - are you selling?

Also, curious about HYG - Are you using for income? Holding area for play money?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Fri Jan 29, 2021 10:44 am

Sold hyg yesterday...sold gbtc too ....

Been making things a bit more high quality and been adding to the pp ....

I have added quite a bit more today .....


Only thing I may buy today is cvx .

Up to 386k in each of Tlt ,Gld ,equities and cash instruments.

Equities are fidelity contra , fidelity blue chip growth and ivv the s&p fund ....

Cash is Bil ,vgsh and treasury mm
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Re: mathjak's daytrading adventures

Post by mathjak107 » Sat Jan 30, 2021 3:49 am

Took some profits in my growth portfolio and added more to the pp .. hope this wasn’t a mistake..

So we now stand at

402,182.00 in Tlt

400,109,00 in Gld

401,000 in vgsh and Bil

401,105 in equities with:

197,162 in fidelity contra
58,527 in fidelity blue chip growth
12,185 in fidelity low priced stock fund
133,132. Ivv s&p 500 fund


Still holding a large cash position so I can average down quite a bit if need be
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