Target 50% per annum till infinity

Account: 70,311 $

Amazing month, I’m very surprised: February +15.98%, total percentage gain this year is 28.11%

When I set the target for +50% I actually did not expect to hit that target, because the year before was around + 22% I was setting myself a motivational goal much like dangling a carrot in front of a horse so that it moves forward… or the mirage of an oasis on the horizon when lost in the desert …
But at this point I only have to make about 17.1% more to reach my goal of 50% , which seems very achievable considering the way things are going the last 2 months.

I am a bit concerned about the angle of the incline in my equity curve , as exponential curves do come to an end at some point and usually do this dramatically as a consequence of this I’m going to take my foot of the gas and coast until I see a very good opportunity .

I’m currently going long VIX anticipating the decline or pull back of the S&P500 I mentioned earlier.
 

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Quote from NoDoji:

Cryo is so yesterday. In another 30-40 years trading will be obsolete because money will be obsolete because mortality will be obsolete. The singularity is near.

http://www.singularity.com/

Mortals have always wished for immortality. However, be careful what you wish for.

The future NEVER turns out as predicted...
 
March 2012 = -10.73%

account value = 62,760$

it was a very unproductive month , in fact quite a set back.

this months performance was all due to a series of bad moves and ended with a whopper of a mistake.
 
May was bad to say the least

ill update it later in the month , when i can bring myself to do the accounting.

lets just say i bought face book and held on ....
 
Quote from NoDoji:

Cryo is so yesterday. In another 30-40 years trading will be obsolete because money will be obsolete because mortality will be obsolete. The singularity is near.

http://www.singularity.com/

Mortals have always wished for immortality. However, be careful what you wish for.

Did you read the book? I thought it was amazing. Ray Kurzweil is awesome.
 
Quote from DDmaster:

May was bad to say the least

ill update it later in the month , when i can bring myself to do the accounting.

lets just say i bought face book and held on ....

You seem like you had everything figured out. Why did you buy facebook? Also, I'm rooting for you. I'm sure you'll reach your 50% goal. Keep the updates coming!
 
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