Tuesday, April 19, 2011

Monday, January 3, 2011

My Investment Portfolio Return for 2010

My portfolio was up 8.9% in 2010. It is disappointing given that the S&P500 was up 12.8% (15.1% including dividends).

The reason for the lackluster number: not following my stops. On at least 5 occasions I did not have a hard stop in place and I decided to hold on to the trade after it went against me, for much larger losses. I should really put a hard stop in place every single time.

It is now 2 year in a row that I underperform the S&P500. Time to step up my game!