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For ETF, we bought (short) DWIT,, VPU, Qld, UDOW and SSO.

Due to the fact that,


Iran deal had appeared possible with the USA and Saudi Arabia bombed Yemen, oil
price hiked in USA. This incident led to DWIT (Velocity Shares 3X Inverse Crude ETN
linked to the S&P GSCI Crude Oil Index Excess Return) serge and we shorted this
ETF. As it is a reverse ETF we estimated that price will go down. We made good
returns from this ETF. We brought UDOW and QLD ETFs at the end of the day
because we were mostly active traders. Those funds track Dow Jones index and
NASDAQ index. So, we sold off all the assets of our portfolio and invested in safe
funds. That is why we bought these ETFs and in the next working day we sold those
funds and invested in other assets. What we did for ETFs was a mix of fundamental
and technical analysis.
At first we did not brought any ETFs and there was no end of the day strategy. So
we incurred losses which could have been avoided. So , as precaution at the end of
the days we started to buy ETFs mostly to avoid portfolio return fluctuations.
Choosing those ETFs we mostly focused on 52 week graphs to come into a decision
whether that ETF should be or not.
We used technical analysis when we bought Google share. The beta was around
1.Googl, KRFT, Macys, PFE, PG; FB gave us more than 1% return when we traded
them. As our strategy we looked at the 52 week than past several months graphs.
We also considered the P/E ratio. Most importantly we focused on the range and
beta. Several news and suggestions from marketwatch.com website helped us make
a buy/sell decision.
At first we started out buying stocks of hugely eminent and poplar companies. The
problem we faced with this strategy was the share prices were high so we could not
buy a large amount. And being eminent and strong company the price fluctuation
was so low. Therefore, leaving little window to take advantage of the market. We
began to think about other companies. As a result we started buying stocks of
companies prices less than $100 and we bought in large numbers. Of course we
made those decisions based on current news, analyzing rations and discussing with
the group members.
We also had some bad investments. These incidents made us reflect on the fact
that: all investors, individuals as well as professionals, make investing mistakes. If
we analyze our fifteen days working days, the first three days were we had negative
return but it was less than 1% of our total equity which is $1,000,000. But from the
fourth day till the eleventh working day, our negative return increased into -4.75%
from mare 1.53%. So we made some aggressive moves..

The last 4 working days were turned out to be fruitful. We made positive returns and
were able to hold onto those returns. The returns were:

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