SpockG Performance Update as at May 8th, 2021
The Global Markets SpockG Portfolio was started in August 2016, almost 5 years ago, with $100K.
The performance to date is summarized in this table:
Leverage is rarely used. About 20 positions are generally held with about 5% position size.
Holding time to exits is generally a few months to a year or two. That is, medium to long term.
Updates are generally weekly. There is NO day trading. There is no fundamental analysis.
ALL decisions are made based on price and price action alone, using monthly and weekly charts.
Daily charts are noise, and intra day charts are bigger noise.
Stops are never used. They are over rated as they are hunted by algorithms.
The current sector weightings are as follows:
1. Silver Miners 40% LONG
2. Gold Miners 10% LONG
3. Crypto Alt Coins 35% LONG
4. Uranium Miners 10% LONG
5. Cash 5%
I challenge you to find a better performing portfolio on the planet, over a 5 year time frame, with low risk, and high returns.