Thursday, December 30, 2010

my performance 2010 + outlook 2011

folks, a great great year is over, the stock-exchanges in germany closed @ 2 pm ...

already 2009 was a great (after-crash) year, but 2010 was a mere frenzy for my accounts! guys, ive made more in the markets than in my office job :-) ... much much more ... ie approx 1.5 times more ... pls dont think abt the term 'trading 4 living' cos im not going 2 do that in the near future as it is a big big difference between having to earn money and to withdraw money 4 living each month out of the accounts on the one hand and just playing with surplus money in the markets on the other hand, u know? ... OMG! i still cant believe my success in the markets ... well, cos of my perspective of the financial/economical world out there and my outlook 2011 im not going 2 sell (m)any of my hero-performer-stocks any time soon, so the most profits are still fictive right now :-)

so what happened 2010? my market outlook a year ago was right and so was my strategy! yep, we had an inflationary hard assets rally as commodities and commodity stocks rallied like crazy. imho it is no wonder facing all that stupid bailouts, stimulus packages, quantitative easing and other similar fraudulent interventions ... it doesnt looks like if there is a major change for better to the current investment environment out there, so despite the much higher commodity prices i dont have to adjust/change my old market outlook a lot if at all [wanna read part c) in last years blog?]. its amazing 2 read old stuff after the time has proven what was right and what not, isnt it?
  • my micro trading account: commodity CFDs (natural gas, silver, wheat, orange juice, coffee, sugar, corn, rice) ... ive often managed to increase my positions on dips in the huge uptrend ... of course, ive sometimes exited the markets too soon cos the prices went after a short correction much higher without my involvement (eg. sugar, coffee) ... what abt performance in numbers? my account is up 344% as ive withdrawn 12k out of an 4.3k account during the year and there is still 7k left ... i will update the 'final' numbers when the u.s. market closes 2night ... => +347.80% in 2010 :-)
  • my investing account: mining stocks (approx 95% of all funds i think), energy stocks, agriculture/food stocks, call options 4 oil, water + new energy ETFs and few technology stocks. well, i was lucky 2 increase my holdings many times this year, especially in august before the gold/silver rally started. i hope those of you who followed my opinions/ideas and have chosen few of my picks for yourselves dont complain too loud, there are not many mining stocks among them which increased less than 100% in 2010, so it was not too difficult to grab a big portion of their moves i think :-). well, lets mention few of my top performers: rio alto mining (a 33-bagger since december 2008), novagold (21-bagger since december 2008), 1st majestic silver, orko silver, silver wheaton, us gold, us silver, megastar development, andover ventures, western potash, commerce resources, aquila res, zimtu capital, xstrata, rio tinto, endeavor silver, fortuna silver, source res, vg gold, cardero res, amerigo res, levon res (19-bagger since february 2009), sabina gold + silver, minera andes, alderon res, mirasol res, rubicon minerals, dundee precious metals, hecla mining, paramount gold + silver, bhp billiton, great panther silver, adamus res, 1st quantum minerals, source exploration, energold drilling, altona mining, premier gold, scorpio mining, ... btw, what abt my performance in numbers? hmmmm, its 2 difficult 2 compute it as i hold my positions usually longer than a year and i continuous increase my positions if there is some fresh money available like recently in august + november ... the current balance of all open positions is +86.56% ... well, my portfolio is posted on my website anyway, so if u are really interested in it shouldnt take u more than 3 minutes 2 find it :-)
lets look forward 2 the year of the rabbit, lets look forward to 2011 ... and ...


... lets create a happy new year :-)

final update after the market closed: well, the commodity markets were up a lot yesterday, all my trading positions were 'green', one of my top 10 days ever i think, highest gains with gas + rice for a daily profit of 13.39% => the performance of my micro trading account in 2010 was +347.80%

ps: its just crazy that after my stocks on thursday closed the year at highest level ever, even my CFDs rallied on friday on the very last trading session in 2010 to my personal all-time-high

pps: there were many reasons for my success in 2010, see the prolly most important in the chart below:
silver in 2010 (source: onvista.de)

(my favorite markets rallied like crazy ;-)
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