So this is the first update following the launch of the site this morning.
Regular updates will focus on current holdings but this one will deal with what has happened in the last couple of years i.e. the shares that have been and gone from the portfolio. They are gone because they either stopped moving up or they never moved up after being purchased.
It's as simple as that. No emotion, no stress. The share prices stops going up so the share gets sold.
| Code | Date Bought | Date Sold | Ticker | Days in Trade | Profit/Loss |
|---|---|---|---|---|---|
| LM002 | 05/09/2018 | 28/02/2019 | DRX | 176 | (84.22) |
| LM003 | 17/09/2018 | 19/11/2018 | REDD | 63 | (119.82) |
| LM004 | 14/11/2018 | 27/08/2019 | JLG | 286 | 47.86 |
| LM005 | 14/11/2018 | 17/07/2019 | BAG | 245 | (205.49) |
| LM006 | 04/12/2018 | 13/05/2019 | SQZ | 160 | (112.80) |
| LM007 | 04/12/2018 | 08/07/2019 | FUTR | 216 | 598.44 |
| LM008 | 14/01/2019 | 20/02/2019 | PSON | 37 | (136.61) |
| LM010 | 06/03/2019 | 30/04/2019 | SRP | 55 | (115.75) |
| LM011 | 11/03/2019 | 06/08/2019 | AUTO | 148 | 53.88 |
| LM013 | 28/05/2019 | 19/08/2019 | HSV | 83 | (137.77) |
You'll see that there are some codes missing - LM001, LM009, LM012. This is because the trades are still open and will be covered in the next update.
The more observant of readers may also note that 70% of my closed trades were losers and that overall my closed trades have lost money. No panic, I have several other trades open and these are in a healthy position at the moment.
I sometimes check the share prices of the shares I have sold several weeks or months down the line. Usually I'm sort of hoping to see that my decision to sell was the right one and the share has continued to decline. Sometimes this isn't the case and one or two have gone up after I sold. One considerably. There's nothing to say I won't go back in later on. This hasn't happened yet but I don't hold grudges, I'm happy to invest in a previous loser as much as in any other share.
So the closed positions are in an overall losing position but dividends over the 2+ years make up for this so whilst I am far from the 18% per year growth aim so far, I'm not losing money - which can only be a good thing.