Warts and all..

Wednesday 12th June - Daily Equity Update

Had to change the axis to 5400 who’da thunk it?

Remember on this chart I reset for quarterly VIXperation in reality (a 5 year reality) this line keeps going up through to September VIXperation..

I don’t need to hide them because they are old positions now. I joke on Xitter about cherry-picking but there are this week’s closed positions warts and all.

What it does mean is in the chart below.

Closed trade gains +17% since we started publishing. If all open positions close at their break of trend levels we would have +18% returns. Current portfolio closed and open equity +22%.

The better comparison is the drawdown compared to SP500. Although only a diddy drawdown perhaps -5% in April caused some panicked client calls? Over that same period, our closed trade return was +8.5%.