May 2008 Review

2 July, 2008 (15:49) | Journal | By: Colin McGinley

With April behind me and a return to basics at hand, May saw most of my time being taken up with my full-time job.

The amount of time I had to focus on trading was severely limited. This time around I paid heed to previous experiences where work was taking up my every moment and I kept my trading decisions well spaced out and my gearing low.

I’ve been caught out one too many times in the past making bad trading decisions due to other unrelated external pressures. I think I did remarkably well for the month taking these factors into account.

I only placed six trades for the whole month. There were three winners and three losers.

My return for the month was 2.52%.

The decision to simplify was seemingly vindicated, but would it continue?

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Comments

Comment from Yick
Time 22 July, 2008 at 3:07 am

Hi Colin

Just getting up to date reading your posts.
2.52% for May = 30% annualised.
Nice turnaround, and done with simplicity !

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