TradeForGain.com

Archive for February, 2008

This year I started to post my trading results, hopefully I will find enough time to post every month - my work has been very demanding. As I said last month, I promise to share the bad months too just so you can have some fun… Without further ado, here are my January and February results:

Gain/Loss % Capital - My gain this month was 2.3% which is positive but small then last month’s 5.1%, I’m happy. That’s at least 24%/year.

Win/Loss Ratio - My win/loss ratio was 60% which is great but as I said last month it doesn’t mean much if your losses are bigger than your gains.

Risk x Reward - Based on the Risk x Reward ratio (RR) my wins were 1.5 bigger than my losses - check!

Capital at Risk % - Nice, my average risk % per trade was 1.3% compared to 1.5% last month. check!

Overall an excellent month. I’m especially happy about my risk control, it’s like the old say, control your losses and your gains will show.

So far so good for 2008. I could have had much bigger wins but some of my good profits were eaten by the US CAD exchange… Brutal drop on the US dollar this month. The following is the chart for the last 5 days.

Hope your February was positive as well. Good luck to you next week.

2008/02/28-Long MDA.TO @ $48.97, stop loss @ $ 47, risk per unit $2.00 (4.1%)

Entering MDA here as I smell some more good news. Stop is at $46. This is thinly traded stock, be careful and don’t use market orders.

MacDonald Dettwiler and Associates Ltd (MDA) is a Canada-based information company. MDA provides advanced information solutions that capture and process data, produce information and improve the decision-making and operational performance of business and government organizations worldwide. The Company operates through two principal units: Information Systems and Information Products. MDA delivers a range of earth and space-based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products. The Company develops software internally for use in providing information products to its customers and systems for internal use. In 2006, MDA acquired Lyttle & Co., Lee & Co. and MindBox, LLC. In April 2006, the Company acquired Propertyflow Limited. In May 2007, MDA acquired Vexcel Canada Inc. In July 2007, MDA acquired the property search business of Oswalds, a subsidiary of Jordans Limited.

One more chart, the Weekly View — always important to understand where we are in history.

This post is not about bragging, it’s about showing that is still possible to make money in fundamentally strong stocks if you are patient, no need to be glued to a screen and putting 100 trades per day. This was a great trade for me, I kept my risk management in check which also limited my profit and that’s OK. I could’ve put all my capital into and made a lot of money but that is not what my method is about. My method is about making money, consistently, bit by bit over many years.

I first posted about Darling International in October 31, 2007 right here, I then followed with the following posts:

Nov 13, 2007 - Bought it at $ 9.77

Dec 7, 2007 - Another post about it

and many others…

In summary, you could’ve entered this stock in multiple points and still make money. I’ve received some nice thanks! emails and I’m happy to see that some of you made money. Some of you also sent me a nice book from my Amazon list (on the sidebar) — very much appreciated. Without further ado, here’s our star stock.

Have fun!

I posted about Cameco here before, the symbol is CCJ in the USA and CCO.TO in Canada. I believe this stock is starting a new trend and could see significant appreciation over the next months (disclosure: I have a position on it, this is NOT a recommendation).

Look at the Daily Chart today.