How was your trading year?

[gdzack]

Well I begun trading in April 2007. After everything that has happend in 2007 I am quite happy to report an end of year profit of 28.5%

So im still a very happy camper, hope everyone had a great trading year in 2008!

begun in July just before the correction and I survived with a 27.5% profit at the end of the year

 

[Buffettology]

Made some bad trades as I got greedy towards the end of the year, but only traded for about 8 months this year and made 50%. Thankyou EQN, JST, SDG, MCR and some very quick trades on TOL, BKL along with a few more. DEX was my big killer, along with holding JST towards the end of the year, but as of today, its not too far off what I bought it for.

So 50% profit for 2007.

Hope to have an even better 2008 though I doubt it. Unless EQN has several more of its rediculous swings!

 

[JeSSica WaBBit]

Well, i did not even make a trade in 2008 but i did half my CTG, so if you look at it that way it was a fabulous year!

Bought CUE October - December 2006 at average of approx. 12.7 cents
($59,500), still LONG, paper profit showing $41,579.

Currently trading at 23 cents.

However, to me that is really irrelavent because i bought to sell in 2008.

Hope to trade a few this year and kick some serious butt

JW

 

[grace]

Well here goes for some honesty. I started trading this year. I really didn't know what I was doing. Managed to be up 30% by end of May. Then I bought and bought until the mid year correction and got seriously hammered. The sad thing was that I even predicted that correction, but was in an ASX course for a couple of days so was extremely stressed as I couldn't get to the computer. Then I lost my 30% and more. Have been trying to trade out of some of my stocks, but that American bad news just doesn't go away. This year I've sold when I shouldn't have, and bought when I shouldn't have. I only recently learnt how to study candles, and realise how easily I could have been up, instead of down for the year. All goes down to experience. I am down for the year, but haven't done my final calcs yet. One loses confidence when you get hit hard, so I've been trying to rise above that mentally. Bought CVN recently and I'm very proud of that one so far. I think it will be hard to make money this year on the markets. Sticking to the rules, and taking the emotion out of trading has not come easily to me.

 

[Struzball]

Pretty well flat for the year.. though I really only started putting serious cash in in July... AFTER the correction but I was still a bit too excited and bought way too soon. Down a little, Up alot at one stage then sub prime etc. No cash on hand when I needed it

Here's to 2008 having more cash on hand, less hasty decisions and more learning experiences. :bier:

 

[JeSSica WaBBit]

Whoops, that was supposed to say that 'i did not make a trade in 2007 not 2008'

Its late and its been a long day.......................

 

[marklar]

Just took profits on BRM (nee YML) today after holding 12 months + 1 day, so I'm

Started selling out of a few dogs, not big losses exept INL

m.

 

[awg]

Have not completed figures for my entire portfolio 07, but since joining ASF, and starting a $100k sub portfolio commenced 8-10-07, especially to trade whilst learning more of technical trading, am up 1.3%.

The XAO is down about 4.7% in that time, so I am pleased that I have been able to put my new learning to good use.

Great forum! So much good knowledge.
If I had been using it for longer, I would be $ richer!

I suppose if I had just put it in cash I would be up at least 1.5%!

(I have also doubled my cash holding from 8% to 15%)

However I sold down some of my managed investments, and used the proceeds from that to start my ASF 100k portfolio.

I can say for sure that I did much better than the MINs, I had a small proportion in property trusts and OS shares, and they got belted.

regards tony