Personal Track Record
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Christopher Smith - View Profile
Personal Track Record
| Inception date | November 28, 2008 |
| Long/Short | Long only |
| Cap bias | No specific |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 02, 2012)
| Inception November 28, 2008 | Member | S&P 500 |
|---|---|---|
| Month to date (%) | 0.00 | 4.41 |
| 3 month (%) | 0.00 | 4.76 |
| 1 year (%) | 0.00 | 2.09 |
| Annualized since inception (%) | 1.69 | 0.68 |
| Since inception (%) | 5.46 | n/a |
| Sharpe (annualized) | 0.04 | 0.01 |
| % of positive months | 17.95 | 60.81 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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More Upside? March 17, 2010
I'm keeping my stops close here, as the market continues to move higher on lower volume. Its almost like there is an invisible hand keeping the markets up....
However, the trend is up, and so, I added 3 new positions yeterday, with trailing stops set at 2x ATR.
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Are We About To Drop? March 15, 2010
This sideways action always hurts trend followers like myself. Although 5 of my last 7 picks are up 20%+, its tough to decide to get completely out, or wait it out. While I believe we are heading to 1250 on the SPY, we should be pulling back a bit before that happens...
Should... which is why I'll continue to follow the trend, but wont be adding new positions until this sideways action ends.
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Follow The Trend March 09, 2010
When I got back into trading my covestor portfolio on Feb 24, I was trailing the S&P 500 on a 1 month basis by 16%. Today, its only 4%. Following the trend of the market and you'll do fine with the right stocks.
I like stocks that are hitting new highs. As a trend follower, its important to keep up with the trends of the market and take profits whenthe market starts to turn.
That said, I was over 30% in 3 of my positions, and took profits off the table today as I believe we are heading......
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New Highs Strike Again March 02, 2010
Its amazing how many traders avoid stocks hitting new highs.
I added a position in MERC this morning, and and itching to jump into GRC (looking for an entry price above $10.47).
In my view, new highs suggest momentum - the trend is your friend.
- Job Title SACM Manager
- Industry Telecommunications
- Expertise 10-20 years
- Education University
- Qualifications ITSM
- Year of Birth 1971
- Country Canada
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- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, dividends, earnings distributions, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More
- All Personal Track Record information including personal data, profiles, strategies, commentary, and historical results outside of Covestor has been provided by the Member. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor.