The year got off to a very good start and we even reached a new all-time high of $194,000. But the last 3 days of January were very hectic and led to increased volatility on the stock markets. Since we packed a lot of new shares in the portfolio in the first week of January and are generally short in volatility, our real money account suffered a lot.
January performance in real money account
We started January with an account balance of $188,437.59 and stood at $168,987.28 on January 31st, a percentage loss of 10.32%.
For a better understanding, you can see the VIX in the following chart, which shows the volatility of the S&P 500 options:
The large increase in the last 3 trading days in January resulted in losses in our VXX and VIX positions.
- Short in the calendar spread on the VIX (VIX) + $4,080.96
We opened plenty of positions in January, especially stocks, but only closed one trade.
Performance since the start of the real money account
Since the start of the real money account, we have achieved an overall performance of 69.1%.
The most recent drop should be quickly forgotten as soon as the markets calm down. We assume that we will be able to report a new high in the next monthly report.
To compare the benchmarks over the same period:
The drop in the benchmark indices is much smaller, as the increased volatility is not factored in there.
Current positions in our real money account
We currently have these positions open:
Screenshot 30/01/2021 10:00 a.m.
As you can see, we’ve added 5 new titles to the depot: Fiverr, Twitter, Burberry, ITV and Just eat takeaway. You can read here why we chose these titles.
Overview of past 3 monthly reports
Here you can find the individual reports of our real money account for the last 3 months:
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