crunching the numbers

Well, I just added up every position I closed in June & July in my accounts. At this point I'm pretty much stopped out of all but a few positions, so I've been updating my records and playing with spreadsheets.

$2702.19 gross
commissions 600
net $2,102.19

22 unique stocks traded, some with many entries, sells, reentries:

2 were breakeven

12 losers for -$3000
5 were "total losses" of 1% of the acct.

8 winners for $6400. Only 4 of those were significant
AAPL 1900
ILF 1400
MTOX 1250
BGC 950
which add up to 5500 of my 6400 profits.

It also means that in 2 months I'm up 3.3% net. I guess that's okay. If you were to extrapolate it out that would be around 20% annual. It's better than I used to do. In the past I've lost $1k on PG or TM in my IRA. Those two losses were as much as I just cleared in 2 months.

Or worse, $1k on BTJ in my $10k izone acct, or $500 on NWRE in there. Ugh.

So, what does it all mean? There's definitely something to the "you
make all your money on a few good stocks" theory. And the keep your
losses small one, as well.

June was pretty much flat for me, I think most of my gains came in July. If the kind of upward market we saw those first two weeks of July can keep going remains to be seen.