Kevin_in_GA
4,599 posts
msg #135912
- Ignore Kevin_in_GA |
5/15/2017 9:44:20 AM
Update on all trade activity since last November (every trade entry and exit has been documented here, including when I added to each position if necessary):
11/08 - short ERX for a gain of $100
11/08 - short DUST for a loss of $1020
11/14 - short DUST for a gain of $1375
11/22 - short ERX for a gain of $156
12/01 - short ERX for a gain of $176
12/02 - short NUGT for a gain of $295
12/08 - short ERX for a gain of $258
12/20 - short DUST for a gain of $248
01/05 - short NUGT for a gain of $1879
01/10 - short DUST for a gain of $330
01/12 - short NUGT for a gain of $390
01/13 - short URA for a gain of $840
01/19 - short DUST for a gain of $561
01/19 - short TVIX for a gain of $279
01/23 - short ERY for a gain of $231
01/23 - short NUGT for a gain of $603
01/26 - short DUST for a gain of $396
01/31 - short TVIX for a gain of $1619
02/02 - short NUGT for a gain of $731
02/03 - short ERX for a gain of $250
02/09 - short ERX for a gain of $27
02/10 - short YINN for a gain of $266
02/14 - short URA for a gain of $202
02/15 - short DUST for a gain of $495
02/16 - short NUGT for a gain of $490
02/21 - short NUGT for a gain of $240
02/22 - short DUST for a gain of $245
02/27 - short NUGT for a gain of $410
02/28 - short DUST for a gain of $159
03/08 - short ERY for a gain of $52
03/10 - short SCO for a gain of $108
03/13 - short NUGT for a gain of $240
03/24 - short TVIX for a gain of $989
03/24 - short TVIX for a gain of $1489
03/31 - short ERY for a gain of $190
04/04 - short ERX for a gain of $253
04/04 - short TVIX for a gain of $514
04/05 - short ERX for a gain of $320
04/05 - short NUGT for a gain of $479
04/10 - short TVIX for a gain of $989
04/10 - short UCO for a gain of $225
04/18 - short JDST for a gain of $740
04/19 - short ERY for a gain of $161
04/19 - short JDST for an (eventual) gain of $2990
04/20 - short SCO for a gain of $1235
Currently at 44 wins, 1 loss. Net gain of $23,205.
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Kevin_in_GA
4,599 posts
msg #136296
- Ignore Kevin_in_GA
modified |
6/10/2017 6:36:31 PM
So it has been one month since I started tracking these paired shorts on the 3x leveraged ETFs. Historical data suggests that shorting both with result in a decent profit. How have we done so far shorting 8 pairs of 3x ETFs?
| Symbol | ENTRY DATE | ENTRY PRICE | SHARES | INITIAL VALUE | CURRENT PRICE | CURRENT VALUE | GAIN/LOSS ($ |
|---|
| DRIP | 5/10/2017 | $17.80 | 281 | $5,001.80 | $22.15 | $6,224.15 | -$1,222.35 | | GUSH | 5/10/2017 | $30.08 | 166 | $4,993.28 | $22.45 | $3,726.70 | $1,266.58 | | | | | | | PAIR TOTAL: | $44.23 | | DRN | 5/10/2017 | $20.96 | 239 | $5,009.44 | $22.13 | $5,289.07 | -$279.63 | | DRV | 5/10/2017 | $12.27 | 407 | $4,993.89 | $11.51 | $4,684.57 | $309.52 | | | | | | | PAIR TOTAL: | $29.69 | | DSLV | 5/10/2017 | $29.45 | 170 | $5,006.50 | $24.38 | $4,144.60 | $861.90 | | USLV | 5/10/2017 | $11.28 | 443 | $4,997.04 | $13.35 | $5,914.05 | -$917.01 | | | | | | | PAIR TOTAL: | -$55.11 | | DUST | 5/10/2017 | $33.30 | 150 | $4,995.00 | $28.43 | $4,264.50 | $730.50 | | NUGT | 5/10/2017 | $31.11 | 161 | $5,008.71 | $34.18 | $5,502.98 | -$494.27 | | | | | | | PAIR TOTAL: | $236.23 | | ERX | 5/10/2017 | $28.95 | 173 | $5,008.35 | $26.61 | $4,603.53 | $404.82 | | ERY | 5/10/2017 | $12.15 | 412 | $5,005.80 | $12.95 | $5,335.40 | -$329.60 | | | | | | | PAIR TOTAL: | $75.22 | | GASL | 5/10/2017 | $29.22 | 171 | $4,996.62 | $20.80 | $3,556.80 | $1439.82 | | GASX | 5/10/2017 | $29.09 | 172 | $5,003.48 | $38.32 | $6,590.73 | -$1,587.25 | | | | | | | PAIR TOTAL: | -$147.43 | | JDST | 5/10/2017 | $88.37 | 57 | $5,037.09 | $69.53 | $3,963.21 | $1,073.88 | | JNUG | 5/10/2017 | $15.95 | 313 | $4,992.35 | $18.25 | $5,712.25 | -$719.90 | | | | | | | PAIR TOTAL: | $353.98 | | SCO | 5/10/2017 | $41.37 | 121 | $5,005.77 | $43.78 | $5,297.38 | -$291.61 | | UCO | 5/10/2017 | $16.29 | 307 | $5,001.03 | $14.92 | $4,580.44 | $420.59 | | | | | | | PAIR TOTAL: | $128.98 | | | | | | | | | | | | | | | GRAND TOTAL: | $665.79 |
Not stellar, but still a profit of about 0.8%. I will update these monthly over the next year or so to see how well we do.
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Kevin_in_GA
4,599 posts
msg #136754
- Ignore Kevin_in_GA |
7/14/2017 8:17:24 AM
Here is how the pair shorting strategy has worked over the last two months:
| Symbol | ENTRY DATE | ENTRY PRICE | SHARES | INITIAL VALUE | CURRENT PRICE | CURRENT VALUE | GAIN/LOSS ($) |
|---|
| DRIP | 5/10/2017 | $17.80 | 281 | $5,001.80 | $22.97 | $6.454.57 | $1.452.77 | | GUSH | 5/10/2017 | $30.08 | 166 | $4,993.28 | $20.14 | $3.343.24 | $1650.04 | | | | | | | PAIR TOTAL: | $197.27 (1.97%) | | DRN | 5/10/2017 | $20.96 | 239 | $5,009.44 | $21.49 | $5,136.11 | $126.67 | | DRV | 5/10/2017 | $12.27 | 407 | $4,993.89 | $11.66 | $4,745.62 | $248.27 | | | | | | | PAIR TOTAL: | $121.60 (+1.21%) | | DSLV | 5/10/2017 | $29.45 | 170 | $5,006.50 | $31.65 | $5,380.50 | $374.00 | | USLV | 5/10/2017 | $11.28 | 443 | $4,997.04 | $9.85 | $4,363.55 | $633.49 | | | | | | | PAIR TOTAL: | $259.49 (+2.59%) | | DUST | 5/10/2017 | $33.30 | 150 | $4,995.00 | $33.31 | $4,996.50 | $1.50 | | NUGT | 5/10/2017 | $31.11 | 161 | $5,008.71 | $27.71 | $4,461,31 | $547.40 | | | | | | | PAIR TOTAL: | $545.90 (+5.46%) | | ERX | 5/10/2017 | $28.95 | 173 | $5,008.35 | $25.14 | $4,349.22 | $659.13 | | ERY | 5/10/2017 | $12.15 | 412 | $5,005.80 | $13.39 | $5,516.68 | $510.88 | | | | | | | PAIR TOTAL: | $148.25 (+1.48%) | | GASL | 5/10/2017 | $29.22 | 171 | $4,996.62 | $19.96 | $3,413.16 | $1,583.46 | | GASX | 5/10/2017 | $29.09 | 172 | $5,003.48 | $38.50 | $6,622.00 | $1,618.52 | | | | | | | PAIR TOTAL: | $35.06 (-0.35%) | | JDST | 5/10/2017 | $88.37 | 57 | $5,037.09 | $72.20 | $4,115.40 | $921.69 | | JNUG | 5/10/2017 | $15.95 | 313 | $4,992.35 | $16.08 | $5,033.44 | $40.69 | | | | | | | PAIR TOTAL: | $881.00 (+8.81%) | | SCO | 5/10/2017 | $41.37 | 121 | $5,005.77 | $43.07 | $5,211.47 | $205.70 | | UCO | 5/10/2017 | $16.29 | 307 | $5,001.03 | $14.71 | $4,515.97 | $485.06 | | | | | | | PAIR TOTAL: | $279.36 (+2.79%) | | | | | | | | | | | | | | | GRAND TOTAL: | $2,397.81 (+3.00%) |
Actually not bad - 3% gain over the last two months without significant risk since each position is hedged against sudden movements. Here I am simply tracking these without rebalancing - some folks have commented that rebalancing would better manage risk. I agree and will rebalance any pair that has moved more than 20% (e.g., DRIP/GUSH, GASL/GASX).
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Kevin_in_GA
4,599 posts
msg #137565
- Ignore Kevin_in_GA |
8/11/2017 12:02:48 PM
More follow up later tonight - currently the net gain on this approach is at $2,554 - barely moved since last month, but was as high as $3,400 or so until the last week or so. This approach might be even better with periodic rebalancing once a pair gets too lopsided.
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Kevin_in_GA
4,599 posts
msg #138110
- Ignore Kevin_in_GA |
9/11/2017 6:38:49 PM
Monthly update - all shorts are up a collective $2099.88 (2.6%) after 4 months, versus a 4.3% gain for the SPY. Not really rocking the house here. Basically you are making next to nothing. This could be a good strategy for a choppy or down market, but right now it is underperforming.
Last post on this topic.
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