Super Stock Picker Forum

About Strategies => How it works => Topic started by: Kez on December 10, 2010, 09:19:56 AM



Title: why the differance in "%"
Post by: Kez on December 10, 2010, 09:19:56 AM
I just started to trade using Ulyimate Price +5 and bought the two recomendations when I got the e-mail... so far, as of today the % Super Stock Picker shows is only down -.78% but when I look at my results I'm down..
Golden mines down -10.03%, and Orezone Mines down -5.87%...  everyday my % goes down and Super Stock Picker show their % going up...  so far I'm down in dollars about 3500.00..
What am I missing?


Title: Re: why the differance in "%"
Post by: Super Stock Picker on December 10, 2010, 09:40:28 AM
Hello,

One of the mistakes beginners usually do is that they do not follow the same allocation as what we use in our portfolios. You can learn more here:
http://www.superstockpicker.com/forum/index.php?topic=3.0

But, as the performances of the 3 stocks currently in the Ultimate Price Momentum v5+ are quite close from each other, an equally weighted portfolio (in dollars) should have very comparable results.

Also, I don't when you have started following the portfolio, but if you look at the numbers published on the website, you can see that the UPM v5+ has peaked on Nov 30th and is declining since then. All data are available on the portfolio's description page:
http://www.superstockpicker.com/Ultimate%20Price%20Momentum%20v5+%20history.csv

The figure of -.78% you're mentioning is the result for yesterday (
Dec 9th) only.

I hope this helps.


Title: Re: why the differance in "%"
Post by: Accruer on December 11, 2010, 02:46:06 PM
Yes, following the same allocation method is critical if you want similar performance as the SSP portfolios.

I started following the UPM 4+ in March and my portfolio's performance is within 1% of SSP's.

(http://i.imgur.com/mEPfw.png)

Blue = my portfolio
Red = SSP UPM 4+
Green = 2x S&P/TSX
Yellow = S&P/TSX