Trading is not unlike many other sporting or professional pursuits & endeavours we take on in life, in that a great deal of time is spent in the actual doing. I consider it vital that time is set aside to assess how effective one has been and whether there are bits of the process you would amend or discard or even emphasize all the more.
The opportunity to look over not just your equity curve but your process and yourself, how well you implemented, what lessons were learnt – these are all necessary stepping stones to ensure a more enjoyable and profitable engagement for the year ahead.
I would like to share with you some of the key revelations I had in running a global unconstrained long-only equity mandate. Regardless of what or how you trade, perhaps you may gleam from my trials and tribulations, some gems to take away for yourself.