Add in some dividends and bank interest and it's an ok year for me, at least when compared to the indices. Otherwise it was a very tough year. The Small Ords is down 20% and the All Ords is down around 14%. Unrealised profits in the portfolio are ok at around 16%, so I am not hanging onto any big losses.
A couple of sells this week. PAN (the old SMY) was exited on Monday for a loss of 20% & WSA realised a little over 50%. Position sizing meant that I bought roughly 30% more of WSA than PAN.
I think that I learnt that consistency and perseverence pay off this year, and it's been a good walk forward experience. The current trading systems I am running have stood up quite well and I am very glad that I have them.
stevo
