May was a cruel month for my portfolio

by Ronald Guerrini|Published June 8, 2012

Author: Ronald Guerrini

Covestor model: Breakouts and Reversals

May was a poor month for the model portfolio. May saw a continuation of the downtrend established in April. The model kept taking on long positions when it should have been short or in cash.

AUTHOR

Ronald Guerrini

Ronald began trading in 2006 using Contracts for Difference on the Australian Stock Exchange. He has traded using several approaches and believes technical analysis is the most effective. The most important aspect of trading is risk and managing risk. He believes he has found the level of risk that he can most comfortably trade with and still outperform the market on a regular basis.

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