2009 Year End Performance Review
Statistics Every Writer Should Know <--- If you want to understand mean, median, stdev etc
Active Investing Performance
Since 1 Nov 08
1. ROC from 3.1% to 34.3% (I don't use stop loss so no negative ROC. Never blindly use no stop loss)
2. Holding Days from 1 to 329 days (some sins committed in 2008 were cleaned up so longer days)
3. Mean ROC: 11.2%
4. Median ROC: 8.6%
5. STDev: 7.8%
6. Mean Holding Days: 58.2
Going forward, the days of high double digit ROC are likely to be over. I will be happy to get high single digit ROC.
Your Mind plays the most important role between You and the Market and determine whether you win or lose money in the market.
Method and Money Management are just tools. It doesn't mean that you need complex tools to make money from the market. It is those who sells tools for a living made you believe so. Similarly, you also don't need to spend days and days of digging up every possible pieces of facts and figures to analyze and justify your decisions.
Mind, Method and Money
TA - Always Two Sides To Every Technical Decision - Part 2
Stock picking is part science, part art, part luck, part intuition, and always uncertain - "not precisely knowing."
What Will Benjamin Graham Say Today? - Part 2
"Buy slowly. Sell slowly" - CreateWealth8888
USD/CNH: The major resistance at 7.2800 is likely out of reach
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