Week 40 trading results

Trading: flat.

Behavioural road-map score: 7 out of 10.

I didn’t do much trading last week, although I did dip my toe into the equity waters following what appeared to be panic selling on Friday. I’m not a big fan of trading equities – having had my fingers and toes burned on too many occasions – but the contrarian in me was screaming ‘buy’ in the face of the wholelsale selling that was taking place.

This is an extremely risky trade and even though I am confident the global financial system is not at risk meltdown, I accept the risk of further downside and of getting stopped out for a big loss of about 10-15% of my equity (I’m leveraged up to the wazoo on this one).

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