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How was your trading in 2013?

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1. How's your overall performance?
Good and bad...
Sold 60% of portfolio and bought another house, break even sale here, sold some winners and some losers.
Other 40% I kept and they are up about 100% end of financial year.
Got lucky with early buy in with TPG @ $1.48 on above helped a lot, sounds better then it is but still happy overall.
Cashed out on big $ shares within a business with nice return of approx 200% over the last 5 years. That money to purchase another house in 2014 and a fair wack back into shares again.
Overall not a bad year, I am hoping 14 to be better.

2. What did you achieve vs your goals?
Didnt plan on selling ANY shares so bit disappointed I did, but then again I bought a house so ... meh.

3. What were the most memorable events?
TPG and my tax bill..

4. What are the lessons learnt?
I don't care how much you pay me, working in a job I enjoy is priority. Best thing I ever did this year was change jobs completely to spend more time with the kids.

5. What are your goals for 2014?
Buy another house and hopefully still hold a nice diverse portfolio of shares.
Complete the budget and stick to it this year!!!!

6. Any other thoughts?
nope.
 
Matt
With such an impressive return on share investment/Trading
Why the heavy diversification into property?
 
The big one was because I was working for the business and had shares in it, but recently changed jobs so had to cash out of those shares. Recently moving to Melbourne decided to put some against the house and some back into other shares. Also will leave an amount aside for investment into another business or if opportunity knocks from somewhere else. TBA on that.

I'm comfortable with my diversification at the moment, but over the next 5-10 years will be putting additional into shares as well to level against too much property and try and get back to level pegging on those 2.

The share return sounds more impressive then it is, its good yes for sure but there is no way I will repeat it again, absolutely not, was very lucky in a few situations, everything came my way and I put my nuts on the line.. plus having shares in a business that you work for means you can increase value by working your @#%$ off. This is also one of the reasons I left, dont like having that hanging over your head when you are working - its not a good feeling IMHO...
 
matty77 said:
plus having shares in a business that you work for means you can increase value by working your @#%$ off. This is also one of the reasons I left, dont like having that hanging over your head when you are working - its not a good feeling IMHO...
Click to expand...

Personally I have a complete opposite mantra and love nothing more than the motivation and satisfaction and eventual security that the above conditions would lead to.
 
matty77 said:
T This is also one of the reasons I left, dont like having that hanging over your head when you are working - its not a good feeling IMHO...
Click to expand...

I am with you there, did it once and at the end of the day its a conflict of interest, company's priority is always the shareholder interest and thats different to employee interest. I found I was sacrificing quality of life and family time and in reality the company didnt give a &$*% and were never going to reward me at shareholder's expense.

Its a clever ploy by big companies in particular, to try to get the employees to be shareholders and utilise the inherent conflict of interest to their advantage.
 
yup 100% correct there.

its all good nowdays, new job, very happy!

should have done it years ago..
 
1. How's your overall performance?
I made a 59.6% return on my trading account equity over the course of 2013.

2. What did you achieve vs your goals?
Exceeded my goals.

3. What were the most memorable events?
Most memorable event was probably just in seeing the work I have put in to my trading system finally starting to pay off, and producing the largest yearly return that I have had to date.

4. What are the lessons learnt?
I learnt that I need to take every trade that the system says. When I first started trading this system I would often not enter certain trades (or take a smaller position size in) trades that looked too risky. Since I have learnt to trust the system and take all trades, my returns have improved substantially.

5. What are your goals for 2014?
Goal for 2014 is to try to make a similar return to what I made in 2013 and compound those profits!

6. Any other thoughts?
I'm not looking forward to my tax bill.
 

Tremendous result

Your trading stock or futs?
 
AlterEgo said:
1. How's your overall performance?
I made a 59.6% return on my trading account equity over the course of 2013.
Click to expand...

Trading the U.S markets this was achievable but I can't see it trading the ASX. Mind you we are on a forum so anything is possible.
 
tech/a said:
I'm interested that your taking EVERY signal.
What's your average hold period and average
number of open positions.

60% from a system is a remarkable return!
Click to expand...

I actually wasn't aware that my 2013 return was quite as high as that until I checked my statements for this thread, as I've been tracking my performance on a financial year basis rather than calender year. Last financial year I returned around 35%, but most of that return was in the second half of the financial year after loosening one of my system filters to get more trades, as it was producing few trade signals before that. It's done well in the first half of this financial year - was up over 42% at one point, but now, in the new year, it's gone in to drawdown. Hopefully it recovers from the drawdown quickly and makes a strong finish for the financial year. Time will tell though.

Well I am position sizing to hold up to around 6 positions. At any one time I could be holding no positions, or up to around 10 if I'm getting lots of signals around the same time, using margin to take the extra signals. Most of the time I'm probably only holding up to 3-4 at any one time though.

Average holding period is around 5 days.

Well I don't quite take EVERY signal. There is the odd occasion that I won't take a trade, such as not having enough equity to take it, stock going ex-div, stock under takeover offer, things like that. Otherwise I'll take every signal that I can. When I tried to cherry pick, I found that I would then miss the most profitable trades.
 
Porper said:
So again are you trading the ASX or overseas markets?
Click to expand...

Just the ASX at the moment. I've been meaning to get some US data to test the system on to see if it works on their market too. Since the stocks often don't have a great deal of liquidity, the system is not likely to scale up well, so at some point (assuming that the system continues to perform) I'm going to need to diversify in to other markets, and or other systems.
 
AlterEgo said:
Just the ASX at the moment.
Click to expand...

Well done, a near 60.0% rise is exceptional on the ASX...that's almost too good to be true from a Systematic system. Must be one hell of a system.
 
Porper said:
Well done, a near 60.0% rise is exceptional on the ASX...that's almost too good to be true from a Systematic system. Must be one hell of a system.
Click to expand...

That sort of return is quite possible for ASX mechanical systems. I have traded a system taking weekly signals that has returned from 15% to 120% in each of the last 6 years. However these returns are only available to smaller accounts (in my case 50-75K with up to 10 open positions) due to low liquidity on some of the traded stocks. Such systems rely on being in the market at the right time and going to cash (or short index positions) when market momentum declines.
 
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