Jkenjohnson's Account Talk

[jkenjohnson]

Just FYI, if you would have bought and held since OCt 7, you would have made more.

I don't have the stomach for buy and hold. If you do, more power to you.

 

[jkenjohnson]

Re: Signal

System is up 14.6% since October 7.
System is up 3.5% YTD.

 

[RealMoneyIssues]

Re: Signal

System is up 14.6% since October 7.
System is up 3.5% YTD.

Congrats, wish I could say the same...

 

[Handballer]

Re: Signal

Seens everyone has a system but me. Because I don't must be the reason I was slightly down last year.

 

[jkenjohnson]

Re: Signal

Congrats, wish I could say the same...

I'm not up that much as I could not buy in once or twice because I was out of IFT's. But thanks. Hopefully we will all do well. I am excited about how accurate the system is perfroming. Don't know if it's luck or what, but who cares as long as I can continue to get good returns.

 

[RealMoneyIssues]

Re: Signal

...but who cares as long as I can continue to get good returns.

Bingo!!

 

[SteelSaving]

Re: Signal

I'm not up that much as I could not buy in once or twice because I was out of IFT's. But thanks. Hopefully we will all do well. I am excited about how accurate the system is perfroming. Don't know if it's luck or what, but who cares as long as I can continue to get good returns.

The system seems hard to correlate with the TSP. I understand that it would be very difficult to track when you are out of IFT's historically, but from this point on, shouldn't your system no longer buy when out of IFTs?

 

[jkenjohnson]

Re: Signal

The system seems hard to correlate with the TSP. I understand that it would be very difficult to track when you are out of IFT's historically, but from this point on, shouldn't your system no longer buy when out of IFTs?

I use this sytem for my Roth IRA also so I prefer to keep one cummulative total of how it is doing. It is also difficult to track when there is more than one buy signal in a month because I may buy into the first one and you may buy into the second one. If you follow me on the autotracker (jkenjohnson) you will see how well or bad I am doing. Otherwise, you could track it yourself.

 

[jkenjohnson]

I jumped up 200 spots on the Autotracker. Woohoo. Now to get to the top 25 would be great.

 

[Bquat]

Re: Signal

I use this sytem for my Roth IRA also so I prefer to keep one cummulative total of how it is doing. It is also difficult to track when there is more than one buy signal in a month because I may buy into the first one and you may buy into the second one. If you follow me on the autotracker (jkenjohnson) you will see how well or bad I am doing. Otherwise, you could track it yourself.

I think you're right here. If they watch your moves and watch your position on the tracker they'll be able to emmulate and evaluat the main part of your system, you. I think a lot of us are highly aware of what the IFT's limits can do to a system. Ask Ebflow when he first had to redevelope his to two interfund transfers. His system was great for the outside but devistated at first in the TSP. You go guy and helping others is what it's all about.

 

[MaStA]

Re: Signal

I use this sytem for my Roth IRA also so I prefer to keep one cummulative total of how it is doing. It is also difficult to track when there is more than one buy signal in a month because I may buy into the first one and you may buy into the second one. If you follow me on the autotracker (jkenjohnson) you will see how well or bad I am doing. Otherwise, you could track it yourself.

Ken,

What company do you go through for your Roth IRA? I've been thinking about moving mine out of USAA into a company that has mutual funds with an expense ratio that is smaller.

Thanks,
Jared

 

[jkenjohnson]

Re: Signal

Ken,

What company do you go through for your Roth IRA? I've been thinking about moving mine out of USAA into a company that has mutual funds with an expense ratio that is smaller.

Thanks,
Jared

I use Scottrade, mostly because of $7 trades and I am familiar with their site.

 

[Kaufmanrider]

Not trying to cut in but try schwab. My son in the Army uses it for his roth. They have schwab etf.s that are no commission.

 

[MaStA]

Not trying to cut in but try schwab. My son in the Army uses it for his roth. They have schwab etf.s that are no commission.

I will give them a look as well. My buddy told me to chcek out Vanguard...there are too many to choose from lol.

 

[SteelSaving]

I'm leaning toward Vanguard for my Roth IRA as I intend that to be more of a buy and hold account (blasphemy, I know, but I will still be able to trade more freely then TSP when necessary).
As for non-retirement training, I've been looking into optionshouse.com. Anybody ever use them? Know much about them? The $4 trades are enticing.

 

[RealMoneyIssues]

I'm leaning toward Vanguard for my Roth IRA as I intend that to be more of a buy and hold account (blasphemy, I know, but I will still be able to trade more freely then TSP when necessary).
As for non-retirement training, I've been looking into optionshouse.com. Anybody ever use them? Know much about them? The $4 trades are enticing.

I would worry more about the trading tools they provide rather than the trade price. If you are talking about a $2-3 difference (in and out, so $6) when you can use STOP order tools and LIMIT order tools to get a better price or save you from a huge drop, then you might want to consider what is more important.

$15,000 on a UPRO (3x Bull S&P ETF) trade (~230 shares), if the market goes up 2% (what folks are getting in their C Fund) over a week or 2, then your trade nets 230 * (65*0.02*3) = $897

Are you really worried about a measly $6 (0.7% of trade) if you have tools to make the most out of the trade or save yourself if the market goes the other way too much?

I would rather have better tools and pay more for the transaction, just my 2 cents.

 

[jkenjohnson]

I would worry more about the trading tools they provide rather than the trade price. If you are talking about a $2-3 difference (in and out, so $6) when you can use STOP order tools and LIMIT order tools to get a better price or save you from a huge drop, then you might want to consider what is more important.

$15,000 on a UPRO (3x Bull S&P ETF) trade (~230 shares), if the market goes up 2% (what folks are getting in their C Fund) over a week or 2, then your trade nets 230 * (65*0.02*3) = $897

Are you really worried about a measly $6 (0.7% of trade) if you have tools to make the most out of the trade or save yourself if the market goes the other way too much?

I would rather have better tools and pay more for the transaction, just my 2 cents.

Yeah, and unless you trade quite often, $4/trade vs. $7/trade isn't going to matter much in the long run.

 

[SteelSaving]

I would worry more about the trading tools they provide rather than the trade price. If you are talking about a $2-3 difference (in and out, so $6) when you can use STOP order tools and LIMIT order tools to get a better price or save you from a huge drop, then you might want to consider what is more important.

$15,000 on a UPRO (3x Bull S&P ETF) trade (~230 shares), if the market goes up 2% (what folks are getting in their C Fund) over a week or 2, then your trade nets 230 * (65*0.02*3) = $897

Are you really worried about a measly $6 (0.7% of trade) if you have tools to make the most out of the trade or save yourself if the market goes the other way too much?

I would rather have better tools and pay more for the transaction, just my 2 cents.

I believe they have those tools. Either way, I prefer a company that costs per trade as opposed to a percentage fee they take off your total portfolio (TSP's being an exception, it is pretty low).

 

[SteelSaving]

Yeah, and unless you trade quite often, $4/trade vs. $7/trade isn't going to matter much in the long run.

The regular trading (as opposed to the Roth IRA) would probably be more active then not.

 

[RealMoneyIssues]

Yeah, and unless you trade quite often, $4/trade vs. $7/trade isn't going to matter much in the long run.

Even if you trade often, a few bucks on a trade like I describe is minimal... look at it as a percentage of the trade and not a $$$ amount...