New posts

Reply to thread

Message

Arrgh! Don't remind me about 2011.
Apologies as I'm not posting results of a backtest. I'm happy sharing my real time performance for that time because I learned something very important.

I established my SMSF in June 07 and decided to manage it myself. As a complete newbie I handled the GFC like a champ. My market filter kept me safely out of the market and when the market recovered I pounced on the opportunities. I was into my fourth year of managing my SMSF and was feeling really good about my performance.
[ATTACH=full]101083[/ATTACH] Then, 2011 started. This was the year of my max DD -17%.
I struggled to beat the market. I didn't stand aside like I did during the GFC but traded through it. What a dummy. From champ to chump. The DD happened in slow motion and I didn't see it happening.

[ATTACH=full]101084[/ATTACH]

<blockquote data-quote="peter2" data-source="post: 1059903" data-attributes="member: 13908">Arrgh!&nbsp; Don&#039;t remind me about 2011.Apologies as I&#039;m not posting results of a backtest. I&#039;m happy sharing my real time performance for that time because I learned something very important.I established my SMSF in June 07 and decided to manage it myself. As a complete newbie I handled the GFC like a champ. My market filter kept me safely out of the market and when the market recovered I pounced on the opportunities. I was into my fourth year of managing my SMSF and was feeling really good about my performance. [ATTACH=full]101083[/ATTACH]&nbsp;&nbsp; Then, 2011 started. This was the year of my max DD -17%. I struggled to beat the market. I didn&#039;t stand aside like I did during the GFC but traded through it. What a dummy. From champ to chump. The DD happened in slow motion and I didn&#039;t see it happening.[ATTACH=full]101084[/ATTACH]</blockquote>

[QUOTE="peter2, post: 1059903, member: 13908"] Arrgh! Don't remind me about 2011. Apologies as I'm not posting results of a backtest. I'm happy sharing my real time performance for that time because I learned something very important. I established my SMSF in June 07 and decided to manage it myself. As a complete newbie I handled the GFC like a champ. My market filter kept me safely out of the market and when the market recovered I pounced on the opportunities. I was into my fourth year of managing my SMSF and was feeling really good about my performance. [ATTACH=full]101083[/ATTACH] Then, 2011 started. This was the year of my max DD -17%. I struggled to beat the market. I didn't stand aside like I did during the GFC but traded through it. What a dummy. From champ to chump. The DD happened in slow motion and I didn't see it happening. [ATTACH=full]101084[/ATTACH] [/QUOTE]

Verification