Saturday, January 4, 2014

New Year Resolution

In 2010, my ROI was 40% on very limited capital. In 2011, 30% on still limited capital. In 2012, 100% on same limited capital. 2013, it fell to 40% still on same capital. Not good enough, it has to be way better.

For 2014, I have set an ROI target of 100% on a now expanded capital base.

My first trade for 2014 is long GOME. This quiet performer on HKSE has been on an uptrend since Sep last year, and has been picked up by T3b system. Will be staying with this trade till later this month at least.

My second trade is short Twitter. I am taking a huge risk by going countertrend on Twitter. However, I believe it will pay off. I will talk more about it in my next article.

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