If you can cast your mind back a few days, you might be able to recall that when I posted my Blog on ‘Scores on the Doors 2014’ I promised to address things that I need to do better in 2015 - so this is the Prodigal Blog (very topical Wheelie, with all that biblical Xmas stuff.…)
So, to kick off this Blog on what I need to improve on, I am going to first of all totally ignore the purpose of this Blog and bleat on about some other nonsense - by now you must be getting a feel for my rather tangential Blogging style !! This particular Tangent is about Perceptions and Context and Realistic Expectations. I should really have put this at the end of my ‘Scores/Doors’ Blog as it would have made a nice Conclusion bit but, alas, it was not to be.
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On Tuesday 23rd December 2014 I Topsliced my eBay (epic code EBAY) Spreadbet Position, banking roughly a 10% gain on the Exposure this position represented. Of course, because I was using Leverage, the return on the Deposit money tied up was probably about 200% (Deposit 5% on this stock I think). This is just a short Blog to explain the move - I have kept the Rump of my EBAY Exposure - I don’t want to sell out totally but it seemed like a sensible Short Term Tactical move to trim it a bit - as I will address below. As ever, a year is an incredibly short period of time, and I find myself penning ‘Scores on the Doors’ yet again - first time ‘officially’ on WheelieDealer website though. This will be a regular feature, and hopefully future ones will be much more pleasant for me to write.
2014 turned out to be very disappointing for my Stockmarket Investments - luckily I did well on some other Assets so I am not too upset - it just highlights the importance of Diversification. After such a stunning 2013, I entered 2014 feeling like I could do no wrong and the cash would come flowing in. This certainly was the case up until the end of March, and then all my gains evaporated (I was up 8% at that point on the year) and they never really recovered. I will cover the performance of all my Portfolios (for details on them, please go to the ‘Trades / Portfolios’ tab of my Website) and a consolidated view. I will address what I did badly and where improvements can be made in a future Blog which should appear within the week. |
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