In this week, I tested out the income trust sector against my trading theories/system, and found out that it does not work very well due to the nature of the income trust that tend to lag the market a little bit. Well, here is the update for the week.
Positions From last week,
None
Transactions this week,
Davis & Henderson Income Fund, DHF.UN
Feb 2, Buy, 500 shares @ $15.12 + $9.95 commission
Total Cost: $7569.95
Fort Chicago Energy Partners, FCE.UN
Feb 4, Buy, 800 shares @ $7.45 + $9.95 commission
Total Cost: $5969.95
Feb 5, Sell, 800 shares @ $7.50 - $9.95 commission
Total Cost: $5,990.05
Realized Loss: $5990.05 - $5969.95 = $20.10 (0.34%)
Loblaw, L
Feb 6, Buy, 190 shares @ $33.98 + $9.95 commission
Total Cost: $6,466.15
Feb 6, Sell, 190 shares @ $32.50 - $9.95 commission
Total Cost: $6,165.05
Realized Loss: $6165.05 - $6466.15 = -$301.10 (-4.66%)
Trading Gain/Loss from this week: -$281.00
Year-to-date Trading Profit: $2726.00