The Money Tree

Safely Generating Income in Retirement

2013 Results

Posted by mounddweller on January 1, 2014

Fellow Traders,

2013 was a relatively good year for trading in The Money Tree portfolio.  Did I beat the market?  No, not by a long shot.  However, I was able to consistently generate small profits by selling naked puts and covered calls.  My overall ‘win’ percentage was the highest its ever been in seven years of trading  I closed 56 of 59 (94.92%) trades at a profit.  However, I wouldn’t be totally honest with my readers if I didn’t talk about what is not found in those results.  Regular readers know I struggled in 2013 with losing positions in EXC and GDX.  Since those trades remain open they are not included in my overall results.  On more than one occasion in 2013 I came very close to throwing in the towel on these trades.  However, after getting my emotions in check I decided to continue to work them back to a hopefully profitable close.

Notable trades in 2013 included CAT, CSCO, LNCO, and TEVA.  I successfully traded CAT 4 times in 2013 generating a net profit of $549.10.  CSCO was even more successful.  I had 5 trades in it for $651.40.  LNCO had 4 trades totaling $665.80.  Last, but certainly not least, was TEVA.  It was my most consistent and most profitable trading vehicle in 2013.  I closed 6 trades in TEVA with profits totaling $806.95.

Below is a listing of all 59 of my trades that I closed in 2013.

BLOG - 2013 Closed Trades p1

BLOG - 2013 Closed Trades p2

BLOG - 2013 Closed Trades p3




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