What Happens Next?
Tuesday 12th November - Daily Update
5864 - 5900 is the line in the sand.
It was quicker to talk than write!!
One day we should invent something that will record your voice and then turn it into text…
I use this kind of analysis on all 500 tickers in the SP500 to construct a portfolio.
You can see more in this week’s weekend rundown and portfolio update here.
Current Open Equity = 37%
Stop Loss Trigger = 29.6%
Current Closed Equity Return = 26%
Our open equity outstanding is 37% since we started in Dec ‘23. We have been able to capture 26% returns in closed trades, meaning ~11% open equity still belongs to Mr Market. Until we close the trade it doesn’t yet belong to us!
If all our stop losses hit today bar any gap risk we hope to close ~29.6%
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Our current portfolio heading into this week…
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