I had a good December due to a two week aggressive short campaign on ZB. I needed a good DEC because I lost money trading the previous two months. Excluding a large realized gain in NOV that had been accumulating since MAR09, the rest of Q4 only adds up to about $3,500 or $1166 per month. My monthly target is a minimum of $2000 so by that measure Q4 was not a success. However, on a longer term basis my realized monthly gain is just above $2800. Below are my results for DEC10 and updated historical records.
Many of you have been reading this blog may have noticed that my blogging frequency has increased over the past few weeks as I got short the market. As you can imagine I am down money since getting short the market, this is the time when most people pull away from posting. But my goal is to stay active and involved and show you that trading is not always rainbows and butterflies. It is times like these that the things I have been sharing over the past couple of weeks are so important. You need to trade small relative to your account. I have a decent short position in the market and my portfolios are set up to make some awesome returns if we finally turn lower. But something I would like to point out is that my account is 70% Cash. I learned a long time ago how important it is to live by the rules you preach. Because of my discipline I am able to continue to hold my positions, I have time and capital on my side. I can't stress enough how important it is not to get to big....


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