System Z Month 2 end Week 2: $9,754.03
This was a terribly volatile week for System Z. The program's big weakness is that it can't differentiate between anxiety in the individual stock and anxiety in the general market. If the program chooses to a buy a stock because it traders are worried about that specific company, and then larger market worries build on top of that anxiety, the positions that System Z enters will most likely be losers. This past week, the market made a rare adjustment from a low-volatility bullish market to a much-higher volatility bearish market.
Despite the worst-case scenario that has unfolded for System Z in its second month, no-commmission returns remain positive despite the NASDAQ market falling 6.24% since inception.
System Z account value: $9,754.03
commissions paid: $385
commissions should be: $154
which means I overpaid: $231
account value corrected for obscene commissions: $9,985.03
account value if no commissions: $10,139.46
System Z actual return since 4/7: -2.46%
System Z corrected return since 4/7: .15%
System Z no-commission return since 4/7: 1.39%
Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: 6.25%

2 Comments:
Your website has a useful information for beginners like me.
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Interesting site. Useful information. Bookmarked.
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