*End Of Year Review* elevenshares.com portfolio finishes the year at 19.9% with a final trading week +0.7% We had a slow rollercoaster year up until October before a decent end of year rally. #w7l was our star performer finishing +104% We held 41 shares through 2023 with only 16 closed/currently in profit. 25 losers with 6 closed at our 10% stop. Interestingly of the 25 losers 7 were over 10% profit at some points. Some like #shel and #cost were sold at losses and then went on to profit. Strategy could be improved. On reflection results could have been better but essentially our rankings proved, as they have done the last 4 years, to be a fantastic guide for investing. Wishing everyone a successful 2024.
@elevenshares Great performance - I will watch closely to see how things go early next year. 10% is quite tight - have you backtested it if you had gone with 15% or 20%? Good luck.
@elevenshares This is a great return considering your hit rate was less than 50%. At what point are you typically cutting your losers?