The Returns

First, the bad news, I have yet to recover from some bad trades. Namely, $WCOM trade #4 and $AUY Trade #91. Had it not been for those two trades, I'd be up (see Avoid "What Could Have Been".) Overall, I am down -27% for my career at this time (-1.5% average annual return). Not good.

Now, the good news, I've averaged +23% year over year returns over the last 10 years. $WCOM trade #4 decimated my portfolio (see STOP-LOSS) and I'm still recovering. If I can average an 8% return each year moving forward, my break-even will finally happen in the next couple of years. To put it into perspective, $WCOM trade #4, in just a three year period, wiped out positive returns for the next twenty years!

When I look at my results, it is clear a STOP-LOSS would have made a huge difference. Blaming my competitive and hopelessly optimistic nature, I've held my losers a lot longer than I've held my winners. I would've been better off buying and holding a fund that tracked the market which historically has generated a return of somewhere around +8% per year.

Trading Tide Levels:
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.


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