A free look at how things are progressing for The Sharpe Report. Because I don’t just talk about when times are great. Let’s also talk about when are experiencing draw-down. This issue was sent out to subscribers last night.
We Have Draw-Down
There is one major sin an investing or trading educator can commit. In fact, it is probably an ‘unforgiveable sin’, in the realms of educating others as to how one trades the markets.
Fudging your numbers.
Lying about your performance to make yourself appear better than what you are actually doing.
As you can see (and those of you who were ‘Aileron Market Balance’ subscribers have known this for years), I never lie. The numbers, are what the numbers actually are.
To lie about one’s performance would serve no purpose.
I am thankful that my portfolio numbers show me the truth of what is going on with my portfolio. It is only when I am armed with such truthful information that I can make a properly informed decision as to how to proceed.
And looking at our numbers truthfully, it is painfully evident that the portfolio has experienced draw-down.
What do I do?
What is the state of the portfolio?
What is the ‘plan of attack’, moving forward? Because I cannot continue to lose money. And I must have some sort of strategy. And remember this as well …
I look for ‘Win-Win’ scenarios!!
I discuss this in the following video entry …