2009 Report card - Outperfoming Averages by 50%

Since we had such a good day here yesterday, I felt like updating the YTD chart as continued proof that I am not making this up, and you can dominate the current market or any market if you develop rules you will stick with, are willing to adjust to the
current market, have enough self control to be patient and sit in all cash when times call for it, and are willing to constantly work on updating watchlists, look through thousands of charts, follow the news, develop & test thesis, tweak scans, etc. This
is what I do everyday and this is what it takes. I do this everyday and night and post here what I think is of most importance. So hopefully someone out there is benefiting.

In an effort to try to be as transparent as possible I am going to start posting my portfolio performance versus the index averages at the end of each month. This is a straight screen shot from my portfolio, the only editing I did was to take off my account number. According to this chart, my portfolio is up over 36% YTD while the S&P 500 is down over 14%. So I am pretty happy with my results thus far, considering I am above the indexes by over 50% and these were all long positions (I haven't shorted a stock this year, or bought an inverse ETF). Definitely still room for improvement as there were a few cases I should have taken gains earlier or didn't stick to my stops/rules and paid the consequences. I would suggest we all constantly review our results because that is the only way those mistakes, that cost us our precious capital, become valuable.

CLICK TO ENLARGE

Let's see if we can continue to improve and outperform the averages as we move throughout the year.

Best,

JAX