Week ending 02Mar19
Following on from the post above, I closed all trades again on Thursday when equity rose to over $21000, and we ended the month with equity at $21059, up 3.8% for the month, and 5.9% YTD after 2 months. Overall, with the AUDNZD down at 1.0422, ROE is at 4.3% YTD, which puts us on track towards our 30%p.a. target.
On Friday, I opened 3 trades, which remain open, so current drawdown is at 0.5% from our Equity HWM. I also added a little to the local NZD account, taking the percentage of funds in the local account to a little above 14% of total funds (target is 50%).
Target for March - 2.5%
Following on from the post above, I closed all trades again on Thursday when equity rose to over $21000, and we ended the month with equity at $21059, up 3.8% for the month, and 5.9% YTD after 2 months. Overall, with the AUDNZD down at 1.0422, ROE is at 4.3% YTD, which puts us on track towards our 30%p.a. target.
On Friday, I opened 3 trades, which remain open, so current drawdown is at 0.5% from our Equity HWM. I also added a little to the local NZD account, taking the percentage of funds in the local account to a little above 14% of total funds (target is 50%).
Target for March - 2.5%
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
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