Moving the Performance out of the Biopharma thread.
If nothing happens tomorrow i will close 2023 with:
Realized: Gains: $230,277
Unrealized Gains: +$23,290
Awesome numbers genti. May I ask what your average position size is? Does this vary based on risk/reward level? What percentage of your port is invested at given time? Thanks!
Some high level figures i am trying to follow:
- 20% Cash
- no position over 10k$
- starter position <1k$
position size based on
- Market Opportunity of the Drug
- Value proposition of the drug vs. standard of care.
- Stage of the Catalyst, like NDA, Phase 1, Phase 2, Phase 3, PDUFA
- How robust the clinical study is designed
interim or previous clinical data, clinical data of similar drugs - Sentiment related to the Therapeutic Area
- Company Profile (Financials) and clinical research track record of the company
Sounds more complex than it is.
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02/07/2024: $290,132, including $27,003 Cash
02/14/2024: $298,564 including $37,128 Cash
Its Wednesday, time for the update:
02/21/2024: $294,837, including $60,216 Cash
Overall port value more or less flat, cash position increased due to profit taking/exiting positions (NDRA, IOVA, SPRB, INMB, NERV, IINN)
Its Wednesday, time for the update:
02/28/2024: $354,088, including $120,677 Cash
Profits from ZYXI, ALXO, CADL, AQST, EFTR, VKTX; Losses from PTN and NERV
Note: I closed my gamble account and transferred the remaining funds to the bio account, hence the big jump.
Correction: EFTR was just risk off at BE
It is Wednesday, time for the weekly update:
03/20/2024: $344,361 including $100,096 Cash
If i would have posted the updated on Monday it would have looked very different.
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This is hurting the portoflio right now:
It is Wednesday, time for the weekly update:
03/27/2024: $348,667 including $112,126 Cash
While the port is stable, i clearly Underperform vs the market, even vs. XBI.
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<:pepecelebrate:899174757969317898>
My Pharma long-term Positions: BMY, PFE, NVO, ALT, VRTX
These are not tracked in the bio port.
It is Wednesday, time for the weekly update:
04/03/2024: $339,147 including $110,820 Cash
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can you adopt me
In between update, - $11k down today.
04/04/2024: $328,019 including $76,508 Cash
04/12/2024: $325,753 including $96,392 Cash
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<@889849212915843093> Do you use stop losses for any of these plays? If so do have a %.
No, but I am in a position to monitor the positions every day