mathjak's daytrading adventures

A place to talk about speculative investing ideas for the optional Variable Portfolio

Moderator: Global Moderator

User avatar
Kriegsspiel
Executive Member
Executive Member
Posts: 4052
Joined: Sun Sep 16, 2012 5:28 pm

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
You there, Ephialtes. May you live forever.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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 .
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
barrett
Executive Member
Executive Member
Posts: 1982
Joined: Sat Jan 04, 2014 2:54 pm

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?
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
barrett
Executive Member
Executive Member
Posts: 1982
Joined: Sat Jan 04, 2014 2:54 pm

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!
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
amdda01
Senior Member
Senior Member
Posts: 105
Joined: Tue Oct 26, 2010 6:20 pm

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?
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
Don
Executive Member
Executive Member
Posts: 286
Joined: Fri Apr 21, 2017 6:21 pm

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.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
amdda01
Senior Member
Senior Member
Posts: 105
Joined: Tue Oct 26, 2010 6:20 pm

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?
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
amdda01
Senior Member
Senior Member
Posts: 105
Joined: Tue Oct 26, 2010 6:20 pm

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?
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

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
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Feb 02, 2021 9:49 am

Averaged down today .

Now have 500k in each position..that is about max ....

Over all down 1.21% in Tlt and down .77% in Gld including today’s averaging down
Last edited by mathjak107 on Tue Feb 02, 2021 1:38 pm, edited 2 times in total.
User avatar
buddtholomew
Executive Member
Executive Member
Posts: 2464
Joined: Fri May 21, 2010 4:16 pm

Re: mathjak's daytrading adventures

Post by buddtholomew » Tue Feb 02, 2021 1:30 pm

Appreciate your transparency MJ.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Feb 02, 2021 1:35 pm

No reason not to be ... I worry more about Tlt being a weight than I do gold
User avatar
buddtholomew
Executive Member
Executive Member
Posts: 2464
Joined: Fri May 21, 2010 4:16 pm

Re: mathjak's daytrading adventures

Post by buddtholomew » Tue Feb 02, 2021 1:39 pm

Me too; I don’t hold LTT anymore but I’m sure their time will come once again.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Feb 02, 2021 1:59 pm

Being so close to 2% I figured It was a better looking picture than when they were 50% less ...so I got back in .

Right now stocks are getting all the love but I think once stocks stumble the safety assets will flourish.

I can still average down as they fall from the 500k Mark but as of now 500k in each is about as much as I want in it ...I still have 7 figures in cash not counting the pp proxy position.

But at this point nothing interests me.. I closed out my 100% equities position the other day
User avatar
Kriegsspiel
Executive Member
Executive Member
Posts: 4052
Joined: Sun Sep 16, 2012 5:28 pm

Re: mathjak's daytrading adventures

Post by Kriegsspiel » Tue Feb 02, 2021 2:24 pm

Ok sure, but how'd you do with GME?
You there, Ephialtes. May you live forever.
User avatar
mathjak107
Executive Member
Executive Member
Posts: 4456
Joined: Fri Jun 19, 2015 2:54 am
Location: bayside queens ny
Contact:

Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Feb 02, 2021 3:10 pm

Didn’t bother to buy it or amc ...just to manipulated .. I was watching amc all day and said the heck with it ..
Don
Executive Member
Executive Member
Posts: 286
Joined: Fri Apr 21, 2017 6:21 pm

Re: mathjak's daytrading adventures

Post by Don » Tue Feb 02, 2021 5:23 pm

mathjak107 wrote:
Tue Feb 02, 2021 1:59 pm
Being so close to 2% I figured It was a better looking picture than when they were 50% less ...so I got back in .

Right now stocks are getting all the love but I think once stocks stumble the safety assets will flourish.

I can still average down as they fall from the 500k Mark but as of now 500k in each is about as much as I want in it ...I still have 7 figures in cash not counting the pp proxy position.

But at this point nothing interests me.. I closed out my 100% equities position the other day
Where are you keeping your cash?
Post Reply