Wednesday, June 17, 2015

A review of the Trading Idea on HPH Trust

I had posted about a trading idea on HPH Trust last year in August.

The post is here . August 2014 Trading Idea on HPH Trust

The expectation was for a upside of 21%, while the downside was a fall of 7-11%.

In reality, the performance was much more muted.

The return actually was just 5.11%, i.e buy at 67.5 cents and one had to time an exit at 73 cents.

The upside and downside had a neat symmetry of 4.2% either way.

Chances are no one would have timed the entry and exit that accurately.

Current price is 64.5 cents, so, accounting for dividend received, one would just be holding on at break even, which is what I am doing now.

Long story short, the trading idea was a wash.

Full Disclosure: I am long HPH Trust.

Disclaimer :- 

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures

No comments:

Post a Comment