Verisimi

Discussion in 'Journals' started by Pekelo, Jan 2, 2007.

  1. Pekelo

    Pekelo

    Covered at 1481...

    Summary: Up 192.25 YTD....
     
    #181     Nov 30, 2007
  2. Pekelo

    Pekelo

    Shorting from 1492... No SL...
     
    #182     Dec 6, 2007
  3. Pekelo

    Pekelo

    Covered at 1484...

    Just passed 200 pts YTD....
     
    #183     Dec 6, 2007
  4. Pekelo

    Pekelo

    Shorting 1494...
     
    #184     Dec 6, 2007
  5. Pekelo

    Pekelo

    Stopped out at 1499... with 5pts loss.
     
    #185     Dec 6, 2007
  6. Pekelo

    Pekelo

    Year end summary:

    Finished with 195.25 points with about 75 trades. That is 13.7% by trading plus the built in 4 % from the CD, thus 17.7% profit compared to the S&P's 3.5% return.

    Evaluation: not bad, although I didn't exactly follow the original strategy which is being long most of the time and I also traded too often. By August I got bored with the journal and since I was up already 10% I didn't care to be in position, thus missed a big runup. I think there were about 6-8 weeks when I wasn't in position at all.

    Anyway, the original idea is tested and in a Mythbuster way, I have to declare that it is possible to outperform the market in a very simple way with a few trades and using only one trading vehicle. For a small fund, that is all what they need.

    I might continue the journal in 2008, but this time I would like to make less trades (about 25) and catch bigger moves....
     
    #186     Jan 1, 2008