October Summary:
Start Bal:       A$50,183
End Bal:        A$50,126
ROI:              -0.11%
ASX200:        -12.66%
# Trades:       0
No trades during the month because of the ongoing short selling ban. This will be overcome on November 18 for non-financials so hopefully we’ll start to see some action on the account. If you’re wondering how the account dropped without any trades its because of the data fee charged on the platform.
As per the March 2007 Special Report we firmly believe that shorter term swing trading will outperform ‘buy and hold’ and ‘trend following’¬† strategies for the next few years.
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