Performance that includes monthly drawdown, dividends and adjustments for cash etc will take me a lot longer.
The closed trade equity curve is looking ok - it's heading in the right direction.
I know that people like percentages but that is a little more difficult for me to produce, especially since money tends to flow in and out of this account.
Suffice to say this isn't paper trading results - this is real money. It wasn't a brilliant year (greater than 50% gain would be a brilliant year :) ), but I really have nothing to complain about. If I can average greater than 20% compounding over the next 20 years financially I will be ok. Some might think that this target is too low?
I have taken the Y axis labels off the charts but just assume that they are in dollars. The portfolios traded with a relatively static capital base up until the end of 2006, but the capital more than doubled in 2007. If you look back on the this blog you can probably make some extrapolations if you desire.
I have probably mentioned previously that adding capital can be quite challenging. If enough is added it can nearly be like starting the portfolio up again. Startup is the hardest time in a portfolio.
I have a lot of cash (around 40%) on the sidelines since the systems have mainly been off through November & December.
Wishing everyone the best in 2008!
stevo
4 comments:
Hi Stevo,
Hope you enjoy/enjoyed/are enjoying Paris!
20%+ is great IMO. I'd personally be happy with 15%+, double every 5 years etc.
All the best in '08!
ASX.G
ASX.G
Thanks for the comments on returns. We "traders" tend to have high (unrealistic) expectations.
Paris, London, Marrakech was great. It must be cold where you are now!
stevo
Mate, it's dreadfully cold. And dark too. My recommendation is to visit Sweden in the summer :)
I found it really strange in London when it was not even 4pm and the sun was down - I felt cheated. What happened to the rest of the day?
If I ever get to Sweden it will definitely be in summer!!!
The All Ords has been down 11 days straight - the longest run since 1982 when it was down 15 days in a row!
If I switch to a weekly timeframe then we are into our 4th week - nothing special. We had a 4 week lower closes back in August 2007 and 8 straight weeks down in 2003. I should post some charts on this.
stevo
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