Poolman's Account Talk

When will major retailers post their holiday sales figures? Apparently this is the worst holiday sales year ever (since records started being kept) and I'm thinking it won't be wise to be in the market when the numbers are officially released. Or is this terrible news already priced in???:(
 
Poolman,

I was just looking at my returns for this year - a marvelous -13+%. Yeah111

So, I looked at your trading history. How do you get three and four trades in per month with the IFT rules??? Do partial pullbacks into the G Fund count to the two trade limit.

I hate those rules, but it looks as if you have a means of performing three or four trades per month...

Help.
 
Poolman,

I was just looking at my returns for this year - a marvelous -13+%. Yeah111

So, I looked at your trading history. How do you get three and four trades in per month with the IFT rules??? Do partial pullbacks into the G Fund count to the two trade limit.

I hate those rules, but it looks as if you have a means of performing three or four trades per month...

Help.

boghie, poolman racked up the extra trades in the first half of the year before the 2 ift's/month went in to effect.

Squalebear's <1% IFT method allows one to 'rebalance' or average up to the next whole number % essentially every day.
 
IFT Limits...

FuturesTrader,

Most of the time Poolman has two forward trades and then a complete pullback. However, in November he managed four trades - the last two of which moved assets only in the direction of the 'G Fund'.

Maybe we are reading the regs incorrectly. We might be limited to two trades, and then be permitted pullback trades into the 'G Fund'. If we use our first two trades to move into the market funds, than we might be able to back out in stages if desired - that is, not completely bail out of the market funds.

Its his 2008/11/25 and 2008/11/26 trades that are the most intriguing. It might have just been a clerical mistake on his part. However, the option of partial pullbacks could proved very beneficial...

Regarding Squealbears <1% transactions - MANY THANKS. That may fit into a strategy of cyclical range trading that I think I might initiate. I will spend much more time in Squealbears board tracking on what he is doing. I think I understand it. A very nice 'bug' in the IFT system, eh:)
 
FuturesTrader,

You absolutely answered my question.

I think that a strategy can be developed that makes use of the pullback trades. At the very least, you realize that you are not completely naked and out of options if you find yourself 100% in the stock funds in the middle of the month after your two trades have been executed. I have been very reluctant to make changes (and I am not and never was a day trader in the TSP) because of the limits. I have read of others who wanted to pull out of the market funds after making their two trades - but, not desiring to be completely out. They stuck it out in September and October - but, they did not have to remain completely hung out there.

I truely hate the limit. I rarely traded, but not having the option is insane. And, a two trade limit.
 
Why did you pull back into G?


I want to see how the markets trade on Jan 5. I like the Rally that we just had and I think it will be extended on Jan 2. We have been trading light Volume this week and last. I want to see which way we go when the Big Boy's come back to play.

We could either Rally in January or start to Slide down.

2cyr890.jpg
 
Thanks for the video Pooman. As I was looking at it, I noticed View: 118. Does that mean that of all the people in the universe, only 118 have viewed the video?

Here is a big for helping me have a profitable in December. Happy New Year to you and all members of TSP Talk.

Your Welcome Handballer,

He has 188 views now. It appears that he has not been around long. He still provides good technical Analysis and provides knowledge.

You can never have enough Knowledge. :)
 
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