Thank you, Longhorns! Now, if we can just keep our streak of never having lost money during November alive... Aaron Schindler Schindler Trading
also - many of the hedge funds did not have the powerful oil long play to lean back on in October {like they did in previous months} as oil continued to slide down from the highs.
Thanks, MacroEvent! The final return for October was actually +15.2%. I get nervous when it gets late in the year like this and the trading is modestly positive for the year to date. A couple down months could turn this into a down year and I would hate to see that happen. But on the other hand, we're getting paid to trade and even worse would be to sit out the market and miss any potential upside. So the trading continues and I cross my fingers. Trading is the best job you'll ever hate. Aaron Schindler Schindler Trading
yes i understand --- october was my best month of the year after a real strong august and september --- so far in november i am right about at my normal monthly running average and in december i will pull things back a bit and take some time off to enjoy the holidays. 2005 had some new twists {what i call the "liquidity war"} that have at the least expanded the daily ranges and at times brought on some decent volatility, so it has turned out to be a very good year imo. i am getting a strange feeling though we will have a 2006 that will be very wild {additional increasing volatility} and that should be good for traders. best of luck to you and your fund as we close out the year! Macro
To quote Jessie Livermoore: There is a fool who sayd and does the wrong thing all the time and then there is the Wall Street fool who thinks he has to trade all the time. Thank you for your unavoidable donation to the markets.