Yealy Summary(3)

Ok,  I gave 8% back last week.  Here is the final number.

This year:

Good.
1. I've blogged for 5 years.  I've made money consistently for the last 5 years.
2. The market sense is pretty good.
3. Cutting loss. I manage the risk pretty good.
4. I always find a way to encourage myself.  :-)

What lesson do I learn?  (I need to review more of my notes before writing this, now I'm going to make breakfast.

1.
2.
3.

What do I need to work on?
1.
2.
3.


I've been sick all weekend so that I haven't reviewed anything yet. I don't plan to jump into a lot of trading before I finish my review.

Yearly summary(2)

Index	Week	December	Fourth quarter	2016
Dow	-0.9%	3.3%	7.9%	13.4%
S&P 500	-1.1%	1.8%	3.3%	9.5%
Nasdaq	-1.5%	1.1%	1.3%	7.5%
Russell 2000	-1.2%	2.5%	8.3%	19.4%

Although I lost money this week, I made money in December. More to come later.

Yearly summary(1)

What did you see from the following statistics? What could I learn from myself next year?

There are 14 weeks of lost  for this year.

Oh, well.

I've started with a losing month and end up with a losing week in 2016. I expect 7-8% loss this week.

The market makes me humble again.  Maybe it is a good thing.

I gave pretty much all gain back on the BExit week.  ( I was full positioned for the vote). I learned the lesson and closed the position at the President voting night so that I saved my ass during  the 700pts drop while we were waiting for the result. I responded  quickly enough afterwards to jump into long position to enjoy the most of the Trump rally.

Actually I've made more than my software engineer salary again this year with 82% gain. It is not bad after all. Actually it is better than last year.

More lesson to learn later.  Hope that I will learn more from my past mistakes.

I'm 100% sure

I'm pretty sure that I will have a losing week this week after the consecutive 7-week winning record.
Now I'm managing to minimize the loss. :-)

Merry Christmas!

I closed the position for my friend on Tuesday. All cash now.  I will start trading for her next year.

Here is my own account performance.

Emin SPX 60 min chart.

Another winning week.

  I didn't trade much.  I've adjusted my positions in the restaurants, in the airport, in the cars or even in the bathrooms when needed. :-).  When we were out of the country, I was already ready for the market.

 We are heading home tomorrow.  More update later.

Weekly review

Yeah, I'm on the east coast and didn't care about much the market

up and down. But my position still generated some income. I'm still in the hold mode. I have a lot of long position and a little bit hedge on the short side going to the next week. I will be on vacation next week. I will adjust the position if needed.

There is no much event next week.

Here is the update

Yesterday morning I got a text from my friend and she said that her account of $100,000 is ready.
I'm on the east coast for a business trip.  But it doesn't hurt to open positions for her .
I told her the money I make this year will be a gift to her.

Ha, it is $ 349 gain so far. Of course I have a bigger gain on my own account.

Next year.

I will trade for my friend for fun. She gave me an account of $100,000. I will post on a weekly basis how I do with that account.

I will do the same trade on her account, but with much smaller size.

Weekly review

 NQ: 4701-4897

ES:  2179-2261

Next week: Fed Wednesday. Quadruple Witching Friday.

 ESZ16 possible range: 2240-2270

 I did pretty good this week.  I closed all the short position  and added a lot of long position in the middle of Wednesday rally. I continued adding long position on Thursday and Friday.

 Yeah, we will have to pay a lot of taxes again next year.

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	19170.42	19756.85	586.43	3.1	13.4
Nasdaq	5255.65	5444.50	188.85	3.6	8.7
S&P 500	2191.95	2259.53	67.58	3.1	10.5
Russell 2000	1314.25	1388.08	73.83	5.6	22.2

Event for the next two weeks

Weekly report

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	19152.14	19170.42	18.28	0.1	10.0
Nasdaq	5398.92	5255.65	-143.27	-2.7	5.0
S&P 500	2213.35	2191.95	-21.40	-1.0	7.2
Russell 2000	1347.20	1314.25	-32.95	-2.4	15.7