Peter Drucker once said, “What gets measured, gets managed.”
Since 1 Nov 08 that I have given up the fast exciting active contra trading (or gambling) after three successive months of contra losses:
(Total net losses in 2008: $160K
Jan:$76K, Aug:$68K, Sep:$18K, Oct:$31K) for a slow moving position trading, how am I doing now?
1. ROC from 3.8% to 34.3% (I don't use stop loss so no negative ROC)
2. Holding Days from 1 to 329 days (some of those sins committed in 2008 and cleaned up)
3. Average ROC: 11.9%
4. Average Holding Days: 59.7 days
Next performance review at end Dec 09.
Posts
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
10 months ago
wow really big loss
ReplyDeletei thk also sway got hit by lehman bro crisis around this time