I have been working on finishing up my accounting for my taxes and the program I use to track my trades for tax purposes, Tradelog, also can put together some interesting and useful reports. Below are a couple of mine. Note: as with all trade data I provide here I believe these are correct but cannot guarantee that.
A few highlights: I traded 334 different stocks last year. Trades on just three stocks, FNMA, FMCC, and AAMRQ combined for $53,000 (about 1/6) of my profits. Every other stock on which I made more than $10,000 was a pump and dump of one sort or another: XUII, SWVI, PVEN (Awesomepennystocks pumps); TEWI (uncompensated Focus Media pump); OCTX and NAMG (mailer pumps); NNRX and GNIN (Brighton Markets pumps). Note that the largest loss by far was ($17,650) on TGRO — I ended up making over $16,000 net on that once 2014 trades are included (I am a mark-to-market trader so open positions at the end of each tax year are marked at the closing price of the stock).
Trade profits by ticker (PDF)
Weighted by shares (not by trade), 72% of my trades were winners. My total commission cost was $57,188.07. Not shown in any of these reports are my expenses: about $33,000, most of which was for short stock borrow fees.
2013 performance report (PDF)
One thought on “A Brief recap of my trading in 2013”
Thank you Michael… Nice and transparent blog post….