The End of Active Management

A three year period (May 3 2004 - June 1 2007) of active management has come to an end as I am no longer permitted to trade. The total return after all fees, costs etc. is +530.05%. During this time every trade has been reported on this blog in near real-time in some 203 posts. Highlights included pyramiding the silver market during the big rally and then going short hours before the biggest fall in decades. I have been less active in the forex market even though I have had a very favorable record on the few trades I have made. On the equity side of things I have typically always been going against the prevailing grain like for example selling puts into panic. Psychologically it has been hard to sell just to see a stock continue (like Mastercard did last fall) or to place a limit order just to miss an incredible opportunity. Performance has been lacking from time to time when regular job have been taking too much of my time.