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Record every return to profitability
I’m an old chive, opened my account in 2006. My first stock to be opened was an ST that was going to be delisted—Wan Jie and Precision; Precision has already been delisted, and Wan Jie is now 600223 Furuida.
Along the way, I’ve taken part in share reform, suspension and resumption of listing, re-listing, reorganization and share reduction, warrants—then later convertible bonds, options, and fund arbitrage. Of course, stocks were always the main focus.
My trading strategy has evolved from the early ST to S, to value investing, to blue chips, to convertible bonds, to micro-caps, and now to the big pendulum swing. I’ve been losing, making, and losing again all the way, but it seems I’ve been lucky. Even in 2008, my drawdown was only 40%. In 2015, when others were all-in on ST and got 10% limit-down, I only fell 5%. I didn’t make big money, but I didn’t get hurt at the root.
In the past few years, in our competition group, after copying here and stealing there, I gradually formed my own approach, and started a steady path back to break-even.
This post records getting back to break-even.
(Competition culture: All the money that has reached my account is mine.)
Additional note: the amount at last week’s close