Portfolio

This page keeps track of open and closed positions. All trades are entered on the same day and will include both trades that go well and those that go not so well. If there are multiple trades for a stock in a single day, I will treat it as one trade ticket by averaging the share and prices.

Transparency and accountability are the main goals of this Blog and this page should accomplish that. One way to ensure  transparency  is to accompany all trades with a screenshot of the trade as proof. Furthermore, a screenshot of the total balance will be posted from time to time when I am completely in cash with no open positions.

The account started with $13,997.00 USD on May 1st 2012 with three imperative goals:

1. Don't Go Bust - This will be accomplished by exiting losing positions with haste and keeping winning positions. At any time the account loses $1500 below what I started with, the project is scrapped and back to the drawing board we go.
2. Steady Course - My main goal isn't to make money but rather to learn how to trade successfully and develop a unique trading system suited to my strengths and weaknesses. It is a learning experience, a journey, and a passion of mine. And if that means I break even on the last day, then I will have considered this experiment a success. Accomplishing this will require deconstruction and introspection of any mental barriers limiting my success and subsequently reconstructing the necessary mindset required to succeed in the long run. After all, I am of the firm belief that trading success mostly comes from the correct mindset.
3. Learning Experience - It is common belief among the investing community that trading is one of the hardest endeavours someone can attempt. Many people have tried and fewer still ever made it successfully in the long run. I want to see if I am capable of doing this as it presents a dynamic challenge. This game has more than one solution, and, one must always learn new things to stay in the game.