Apologies to those
waiting of this report. A
lot has been happening in my
world, and I've been a bit
flat-out. As a consequence
I'm also going to make this brief.
Firstly, being the end of the
year, let me
extend my very best wishes to all
fellow traders out there that read
these reports regularly and to the
many that get in touch, normally
just to say hi and to say
thanks. The positive
nature of the feedback I have
received over the last two years is
very much appreciated, and I am delighted that so many have found
these reports of help and inspiration in
their own trading. I
wish you all an excellent
2006. May all your goals and
dreams become a reality!
--------
Back to business! As can be seen, December was a
bit of a disappointment, with my
first negative month for over a
year. Still these things
happen, and the loss of
-11.485% was less than a third of
the previous month's gain which, I
think, puts things in perspective.
Overall I finished the year at +433%, with a max drawdown of less
than 15%. It doesn't get a
lot better than that, although I'm
not going to let that stop me
trying!
A number of lessons were
learned from the experience (you
only ever learn from losses!), and
I have implemented a few
changes. Hopefully the
experience has made me a better
trader.
