New Year Same Process
Week 01 - Equity Portfolio Update
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~5990 will define momentum and trend as it has for over a month. The difference now of course is we are below it.
Realised vol continues higher. Implied will always move faster.
The Croissant factor.
It’s all so boring when we spend day after day in the green. I will wait for the boring bit, no hero trades for me.
MOMO concurs on just how comfy the sidelines can be.
Current Open Equity = 33.6%
Stop Loss Trigger = 32.6%
Current Closed Equity Return = 33.2%
Our open equity outstanding is ~34% since we started in Dec ‘23. We have been able to capture ~33% returns in closed trades, meaning ~0% open equity still belongs to Mr Market. Until we close the trade it doesn’t yet belong to us!
If all our stop losses hit bar any gap risk we hope to close ~33%
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And our current open positions:
Positions we closed this week:
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