Jkenjohnson's Account Talk

Sort by newest Sort by date
Re: Signal

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

RealMoneyIssues said:
Congrats, wish I could say the same...
Click to expand...

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.
 
Re: Signal

jkenjohnson said:
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.
Click to expand...

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?
 
Re: Signal

SteelSaving said:
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?
Click to expand...

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.
 
Re: Signal

jkenjohnson said:
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.
Click to expand...
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.
 
Re: Signal

jkenjohnson said:
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.
Click to expand...

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
 
Re: Signal

MaStA said:
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
Click to expand...

I use Scottrade, mostly because of $7 trades and I am familiar with their site.
 
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.
 
Kaufmanrider said:
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.
Click to expand...

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

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.
 
RealMoneyIssues said:
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.
Click to expand...

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

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).
 
You must log in or register to reply here.

Similar threads

tsptalk
  • Article Article
A dip as the China trade deal gets put together
Replies
0
Views
134
tsptalk
tsptalk
tsptalk
  • Article Article
It was a wild 24-hours for stocks
Replies
0
Views
208
tsptalk
tsptalk
tsptalk
  • Article Article
Major indices flat, but internal strength for broader market
Replies
0
Views
79
tsptalk
tsptalk
tsptalk
  • Article Article
If there is a wall of worry out there, stocks are clearly still climbing it
Replies
1
Views
132
nasa1974
nasa1974
tsptalk
  • Article Article
Stocks pause at resistance and major pivot point
Replies
0
Views
233
tsptalk
tsptalk
Back
Top