Wednesday, January 16, 2008

I guess it could be worse . . .

I lost .76% today. Why didn't I just stay in cash?

In the last two weeks I've lost 5% of my portfolio. That hurts, but the S & P 500 is down nearly 6% which is two percent more than it made last year.

So when I look at the big picture, things could be so much worse. In November I lost over 15% in 3 days. I think I learned a bit from my failures last year and I hope that I am trading a bit better. I just need some more patience.

Kirk has a good article on AAII screen performance. He detailed it much better than I could have.

1 comment:

Steal great trading ideas! said...

Thanks for the link! Those AAII screens look pretty appealing.