Monday, June 15, 2009

Summary of portfolio positions

Let's incorporate some money management rules here:

1) let's assume that our initial investment on April 10, 2009, has been USD 100,000.
2) for each trade entered into (long or short), let's assume that 10,000 USD is invested each time
3) a maximum of 10 positions can be opened at once
4) the rest is in cash

On that basis, the current situation of the portfolio is as follows:

Two trades were closed today: the Brazil ETF (EWZ) and the Commodities ETF (DBC) were exited because their price reached our predetermined stop loss.

The current return reaches +11.7% in a bit more than 2 months (period from April 10, 2009 till today).

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