|
| Friday, August 03, 2007 |
| AAR2 |
Risk exposure is important. One of my potential mistakes is that my holdings are too exposed.
Riding the profits is one thing but risk exposure is another. Though I cutlosses quick, I overcut those that are not supposed to be cut. Emotionally, I think I am not there yet.
Maybe I should consider hedging my cash equities? Maybe I need to tweak my cutloss such that I will only cut on huge selldowns?
Things to consider:
[] One day price shocks
[] Corrections
[] Handling of leveraged positions
For this selldown, what impacted me the most is the drawdown of OKP and FerroChina. But then thats the life of trading. You win some, and you lose some. What is important is that your method has positive returns in the long run.
I really feel that my framework for trading is already there. And whats left is to finalise the details on which are more important. Dealing with price shocks, dealing with sudden triggers of selling signals. Risk management on leveraged positions etc.Labels: NenixDreams Fund |
posted by Nenix @ 10:02 AM   |
|
|
|
|
| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
|
| Links |
|
|
| Tools that Generate Passive Income |
|
| Previous Post |
|
| Archives |
|
|
