2013 Portfolio Performance

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#33
(30-12-2013, 12:34 PM)chialc88 Wrote: show me a trader record, and I will show you a good trader...Alexander Elder.

What's your reason to buy...to accumulate and to sell.

Are you buying at a good entry point? or at the mid point or a bad entry point?

Are you selling at a good exit point or not?

How do you grade your trade?

A famous trader locked himself in his bank vault every new year (one night only lar) and touch and feel his wealth and reflect on his trading record as celebration...
He is non other than ______

Big Grin


A Life not Reflected is a Life not Worth Living.

i was trained as an oil trader in a very old school way (at Shell). It's not a well-known fact but much of the profit from Shell Oil came from its trading operations, which is really its way of juicing up its returns from assets as it is trading from a position of strength (superior balance sheet, massive information flow, ability to do judicious vendor finance, etc).

The level of discipline required is quite different from the "wheeling and dealing" we see portrayed in media/tv/newspapers, etc. We all had journals (and I kept this discipline even today) where we would pen down our trading thesis, rationale, stops/targets, critically important assumptions that we can constantly check. "Firing from the hip" is simply not encouraged.

Some people tell me they trade for a living, and it's like "I buy USDJPY because it looks cheap" with very little justification, stop lvls, assumptions to constantly go by, etc. That is closer to Baccarat at MBS/RWS.
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Messages In This Thread
2013 Portfolio Performance - by felixleong - 26-12-2013, 02:17 PM
RE: 2013 Portfolio Performance - by CityFarmer - 26-12-2013, 02:44 PM
RE: 2013 Portfolio Performance - by felixleong - 26-12-2013, 04:01 PM
RE: 2013 Portfolio Performance - by CityFarmer - 26-12-2013, 05:01 PM
RE: 2013 Portfolio Performance - by CityFarmer - 31-12-2013, 04:31 PM
RE: 2013 Portfolio Performance - by CityFarmer - 07-01-2014, 11:19 AM
RE: 2013 Portfolio Performance - by corydorus - 07-01-2014, 11:35 AM
RE: 2013 Portfolio Performance - by shn - 26-12-2013, 08:21 PM
RE: 2013 Portfolio Performance - by shn - 27-12-2013, 06:09 AM
RE: 2013 Portfolio Performance - by CityFarmer - 27-12-2013, 09:36 AM
RE: 2013 Portfolio Performance - by CityFarmer - 27-12-2013, 10:37 AM
RE: 2013 Portfolio Performance - by ForeverAlone - 27-12-2013, 10:32 AM
Re: RE: 2013 Portfolio Performance - by smallcaps - 27-12-2013, 11:43 AM
RE: 2013 Portfolio Performance - by CityFarmer - 27-12-2013, 01:18 PM
RE: 2013 Portfolio Performance - by CityFarmer - 27-12-2013, 04:34 PM
RE: 2013 Portfolio Performance - by felixleong - 28-12-2013, 09:33 AM
RE: 2013 Portfolio Performance - by felixleong - 27-12-2013, 02:13 PM
RE: 2013 Portfolio Performance - by godjira1 - 27-12-2013, 06:00 PM
RE: 2013 Portfolio Performance - by lvpierre - 27-12-2013, 09:16 PM
RE: 2013 Portfolio Performance - by CityFarmer - 27-12-2013, 09:34 PM
RE: 2013 Portfolio Performance - by Some-one - 28-12-2013, 12:02 AM
RE: 2013 Portfolio Performance - by felixleong - 28-12-2013, 09:30 AM
RE: 2013 Portfolio Performance - by Some-one - 31-12-2013, 10:11 PM
RE: 2013 Portfolio Performance - by CY09 - 28-12-2013, 10:28 AM
RE: 2013 Portfolio Performance - by kazukirai - 29-12-2013, 08:01 PM
RE: 2013 Portfolio Performance - by pianist - 29-12-2013, 09:25 PM
RE: 2013 Portfolio Performance - by weijian - 30-12-2013, 12:14 AM
RE: 2013 Portfolio Performance - by kazukirai - 30-12-2013, 09:52 PM
RE: 2013 Portfolio Performance - by dtane - 30-12-2013, 09:12 AM
Property Crash!!! - by chialc88 - 30-12-2013, 10:40 AM
RE: 2013 Portfolio Performance - by Stocker - 30-12-2013, 11:02 AM
2013 Portfolio Performance - by chialc88 - 30-12-2013, 12:34 PM
RE: 2013 Portfolio Performance - by godjira1 - 30-12-2013, 02:13 PM
RE: 2013 Portfolio Performance - by valuebuddies - 30-12-2013, 04:10 PM
RE: 2013 Portfolio Performance - by felixleong - 30-12-2013, 10:09 PM
RE: 2013 Portfolio Performance - by CY09 - 30-12-2013, 10:17 PM
RE: 2013 Portfolio Performance - by felixleong - 30-12-2013, 10:33 PM
RE: 2013 Portfolio Performance - by GPD - 31-12-2013, 04:02 AM
RE: 2013 Portfolio Performance - by CityFarmer - 31-12-2013, 09:51 AM
Re: RE: 2013 Portfolio Performance - by smallcaps - 31-12-2013, 09:21 AM
RE: 2013 Portfolio Performance - by kayaroti - 31-12-2013, 01:54 PM
RE: 2013 Portfolio Performance - by corydorus - 31-12-2013, 02:23 PM
RE: 2013 Portfolio Performance - by cyclone - 31-12-2013, 03:15 PM
RE: 2013 Portfolio Performance - by CityFarmer - 31-12-2013, 04:22 PM
RE: 2013 Portfolio Performance - by cyclone - 31-12-2013, 04:40 PM
RE: 2013 Portfolio Performance - by CY09 - 31-12-2013, 04:46 PM
RE: 2013 Portfolio Performance - by pianist - 31-12-2013, 09:01 PM
RE: 2013 Portfolio Performance - by opmi - 31-12-2013, 04:32 PM
RE: 2013 Portfolio Performance - by cyclone - 31-12-2013, 05:00 PM
RE: 2013 Portfolio Performance - by yawnyawn - 02-01-2014, 06:56 PM
RE: 2013 Portfolio Performance - by thinknotleft - 02-01-2014, 08:24 PM
RE: 2013 Portfolio Performance - by pianist - 02-01-2014, 09:49 PM
RE: 2013 Portfolio Performance - by dzwm87 - 02-01-2014, 10:27 PM
RE: 2013 Portfolio Performance - by thinknotleft - 02-01-2014, 10:44 PM
RE: 2013 Portfolio Performance - by jovialger - 03-01-2014, 05:20 PM
RE: 2013 Portfolio Performance - by dzwm87 - 03-01-2014, 05:45 PM
RE: 2013 Portfolio Performance - by grubb - 03-01-2014, 06:01 PM
RE: 2013 Portfolio Performance - by dzwm87 - 03-01-2014, 06:43 PM
RE: 2013 Portfolio Performance - by corydorus - 03-01-2014, 07:33 PM
RE: 2013 Portfolio Performance - by CityFarmer - 03-01-2014, 07:57 PM
RE: 2013 Portfolio Performance - by grubb - 03-01-2014, 10:35 PM
Re: RE: 2013 Portfolio Performance - by smallcaps - 03-01-2014, 06:53 PM
RE: 2013 Portfolio Performance - by opmi - 07-01-2014, 12:03 PM
RE: 2013 Portfolio Performance - by smallcaps - 07-01-2014, 12:34 PM
RE: 2013 Portfolio Performance - by GPD - 07-01-2014, 12:50 PM
RE: 2013 Portfolio Performance - by corydorus - 07-01-2014, 01:08 PM
RE: 2013 Portfolio Performance - by smallcaps - 07-01-2014, 02:05 PM

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