Back in 2007 I invested $20k in a "successful" hedge fund company. It seems I brought bad luck to the crew as my money promptly shrunk about 80% within few months.
Earlier this year I took the money out and started a separate blog/tracker for it called UnHedged
In the Unhedged Portfolio I only enter one position at a time, short or long depending on my research. I trade it mechanically for the most part. The system is slow to move, on purpose. It had entered a single position on May 1st and held it through today. The position was closed today for a small profit of $100.
I will be looking to enter a replacement position this week. The account trades at Zecco and thus has no commission implications. The first position was entered slightly on margin, but since I have other monies in the account there were no margin charges.
Tuesday, August 12, 2008
UnHedged
Posted by
Born2Code
at
5:27 PM
Labels: GMCR, Trade Alert, UnHedged
Disclaimer: If you make investment decisions based on some anonymous blog posting then you are an idiot and you deserve to lose your money.
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