As of 06/01/2020
  Indus: 25,475 +91.91 +0.4%  
  Trans: 8,966 -3.88 0.0%  
  Utils: 815 +8.41 +1.0%  
  Nasdaq: 9,552 +62.18 +0.7%  
  S&P 500: 3,056 +11.42 +0.4%  
YTD
-10.7%  
-17.8%  
-7.3%  
 +6.5%  
-5.4%  
  Targets    Overview: 05/29/2020  
  Up arrow27,000 or 24,000 by 06/15/2020
  Up arrow9,800 or 8,200 by 06/15/2020
  Up arrow850 or 750 by 06/15/2020
  Up arrow9,800 or 9,000 by 06/15/2020
  Up arrow3,200 or 2,850 by 06/15/2020
CPI (updated daily): Arrows on 5/15/20
As of 06/01/2020
  Indus: 25,475 +91.91 +0.4%  
  Trans: 8,966 -3.88 0.0%  
  Utils: 815 +8.41 +1.0%  
  Nasdaq: 9,552 +62.18 +0.7%  
  S&P 500: 3,056 +11.42 +0.4%  
YTD
-10.7%  
-17.8%  
-7.3%  
 +6.5%  
-5.4%  
  Targets    Overview: 05/29/2020  
  Up arrow27,000 or 24,000 by 06/15/2020
  Up arrow9,800 or 8,200 by 06/15/2020
  Up arrow850 or 750 by 06/15/2020
  Up arrow9,800 or 9,000 by 06/15/2020
  Up arrow3,200 or 2,850 by 06/15/2020
CPI (updated daily): Arrows on 5/15/20

Bulkowski's Trading Results

 

This page shows my trading results for the last several years. Since late 2006, I find that I am trying to beat the average results of prior years and that is adding negative psychological pressure to my trading. So, I have decided not to update the form in the future.

 

The following table shows my trading results compared to the three benchmark indices: the Standard and Poors 500 Index, Nasdaq composite, and Dow Jones industrial average. I do not trade or manage money for others, just for my own account.

YearMy GainS&P500NasdaqDJIA
200014.8%-10.1%-39.3%-6.2%
200118.7%-13.0%-21.1%-7.1%
20029.0%-23.4%-31.5%-16.8%
2003 13.5% 28.69%* 50.0% 28.28%*
200429.1%10.88%*8.6%5.31%*
200515.4%4.91%*1.4%1.72%*
200622.2%13.6%9.5%16.3%
# Avg17.5%1.7%-3.2%3.1%

Notes

# Avg: This is a simple average of the numbers listed in the table.

Green appears for years in which I beat the index, red for negative years, and white otherwise. The indices measure the change in value from the close on the last trading day in each year and do not include dividends or interest unless an asterisk (*) appears. Those are total returns for the indices as reported by the Wall Street Journal. My gains are marked to market, meaning they contain both realized and unrealized gains or losses for the calendar year and include dividends and interest paid on my portfolio throughout the year.

Trading Results: Analysis

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The bear market years of 2000 to 2002 show as red in the indices, but I was able to make a tidy profit in those years. The indices beat me in 2003 and achieved stunning gains. I traded little that year (7 round trip trades) and what I owned did not appreciate as much as hoped. The following year, 2004, I made a massive 29% when I decided to take trading more seriously. In 2005, I made two more trades than in 2004. However, each trade appreciated more in 2004 than in 2005. Dividends and interest helped more in 2005.

2006

This was an unusual year for my portfolio. In June I found the markets too choppy to trade so I withdrew into cash and kept a close eye on my long term holdings, like utility stocks and Michaels Stores. Rumors circulated that Michaels was going to be bought out in the 40s. So I pushed most of my chips into the pot on this one stock and did not see any compelling stocks to buy with what little remained of my cash.

Michaels was bought out at 44 on Halloween, closing out my position that I entered at a split-adjusted price of 88 cents in 1990. Once I cashed out, I had funds to buy many potential candidates, which I did, starting in November. The result of the buyout and the soaring of my utility holdings and other stocks blended to create a good year that again beat the indices.

YearWins/
Losses
Profit/
Loss
Round
Trips
Hold
Time
My
Gain
2000 40% $1.66 41 120days 14.8%
200161%$5.29 14 41days 18.7%
200238%$1.52 23 51days 9.0%
200373%$12.38 7 25days 13.5%
200458%$3.68 39 29days 29.1%
200555%$2.76 41 30days 15.4%
200667%$6.893161 days22.2%
Avg56%$4.882851days17.5%

Notes

The wins/losses column is a count of the winners divided by a count of the winners and losers (that is, all trades), including open positions at year end. The profit/loss column shows for every dollar lost how much I gained, marked to market. For example, in 2001 for every dollar lost I made $5.29. The round trips show the number of trades I made during the year and do not include open positions held open at year end. A round trip is a buy and a sale. The hold time is the average for all positions bought and sold within the same year. My gain is the same as in the prior table and I show it here for reference. The avg line is a simple average of the above numbers.

Trading Results: Analysis

In the bear market years of 2000 and 2002, I lost more often than I won and yet still made money. How? I kept my losses small and let my winners run while collecting dividends and interest on my cash. I am impressed by the $4.55 profit/loss number. For every dollar I lost, I made nearly $5 and earned an average of 16.8% even though three years included a bear market. And I did it all without going short, without using leverage, and trading only stocks.

2006

In 2006, I traded less than the prior year, held twice as long, found more winners, and made more money than in 2005. I did not short nor use leverage on my stock trades. I did use options this year. One was a covered call and 3 were calls. In 2 of those trades I made a small amount of money and two I lost a small amount, ending with a net loss close to $0.

-- Thomas Bulkowski

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See Also

 

Support this site! Clicking any of the books (below) takes you to Amazon.com. If you buy ANYTHING while there, they pay for the referral.

My novels:  Bumper's Story Head's Law

Chart Patterns: After the Buy Getting Started in Chart Patterns, Second Edition Trading Basics Fundamental Analysis and Position Trading Swing and Day Trading Visual Guide to Chart Patterns Encyclopedia of Candlestick Charts Encyclopedia of Chart Patterns 2nd Edition Trading Classic Chart Patterns

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