Tuesday, December 25, 2007

2007 Review

Here is a review of 2007 trading results:

Jan 2007: 5.6%
Feb 2007: 2.4%
Mar 2007: -15.0%
Apr 2007: 9.8%
May 2007: 5.8%
Jun 2007: 4.9%
Jul 2007: 10.0%
Aug 2007: -35.0%
Sep 2007: 12.0%
Oct 2007: 1.8%
Nov 2007: 9.4%
Dec 2007: 13.4%

Simple Average Total: 25.1%
Exponential Average Total: 13.3%


The index gambling trading started as usual this year. However,
the market soon had a very large single day drop on 2/28. This has
directly caused the 15% loss in March. It took two months (Apr & May)
to get back what had been lost in one (March).

Trading during the next two months (Jun & Jul) were relatively quiet. But the
market turned extremely volatile in August when the sub-prime mortgage
explosion rattled the whole market. As the credit market liquidity
disappeared, it has eventually triggered the stock market panic on 08/16.
August trading ended with an unprecedented loss of 35%.

Although the stock market zigzagged during the rest of the year, the
trading was relatively stable, largely due to very tight risk control. The
year of 2007 eventually ended with a profit.

No comments: