I won’t be trading (or blogging) in December so this pretty much wraps it up for the year. Much work remains, but it’s nice to finish 2007 on a high note after so many ups and downs.
Wishing everyone a merry, festive season, and a happy new year. I look forward to catching you on the other side.
10 responses so far ↓
Linda P. // 2 December, 2007 at 2:52 pm |
Congrats Caravaggio on breaking thru the channel!
Thanks for sharing your results from the beginning. Have a relaxing December.
See you in 2008…..
Banker // 9 December, 2007 at 1:38 pm |
Great job glad to see you finish strong.
Never give up !
Banker
spahiu // 26 December, 2007 at 8:52 pm |
well, congrats on the effort..i’ve been following along for a while now… thought about doing something similar but i’m just not that transparent..so instead i put together this little project from the link.
john // 16 January, 2008 at 11:17 pm |
congrats!
Caravaggio // 17 January, 2008 at 1:57 am |
Thanks for the kind words. The struggle bore fruit to an extent, but over such a short time frame the results are to be considered as largely independent of the underlying process…whether I would have closed the year with a net gain or loss, I am happy with the process and with what I learned along the way, and that is where the true value lies for me. Best wishes to all who are truly putting it up and fighting the good fight.
Jay // 17 January, 2008 at 9:45 am |
C, I really like this blog. I had one question about the equity curve — is the run up from 3K due to you adding capital on top of profits? Or did you trade it all the way up to 13K?
This is an eye-opening exercise for me.
Cheers
Caravaggio // 17 January, 2008 at 1:50 pm |
Thanks Jay. I wish I had the capital to add, but no, its all trading profit minus expenses. Just checked my rough-and-ready expenses reckoner, and during the course of the blog I have spent just over £7000.
It goes to show how much running you have to do just to stand still, when you are severely undercapitalised.
Jay // 17 January, 2008 at 7:33 pm |
yep…now I am really scared…but at the same time inspired…great story and I’m really pulling for you now…but I’m sure you’ll make it.
congrats on your recent breakout.
Robert // 18 January, 2008 at 10:18 pm |
Hey C
Happy New year & thanks for this blog too. It helps me to know I’m not alone in my self loathing & struggles. Hahahhaa. I have decided this my year to either get it or don’t. So far so good. Keep up the good work & don’t give up.
Caravaggio // 21 January, 2008 at 3:13 pm |
Thanks for the kind words Jay…but your faith is probably better placed on Desert Orchid in the 3rd! Also, thanks for dropping by and leaving a trail to your excellent blog!
Hi Robert, the self-loathing can be very strong and the struggle endless. One big factor that helps me steer the course is having a clear cut off point – my rule is that if my equity drops below £10k, it’s game over. Without this rule, I’d probably have run myself into the ground already!