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Performance Update for Month of December 2022 +$46,292.91 (+3.41%, 17.9R), Heavyweight On China Group Momentum Was Key
By Jeff Sun Trading  •  January 7, 2023
A wholesome of positions into high momentum china securities since middle of November was key to the realized performance for the month.  But it is worth to note that I gave up a profit loss of almost 2.5% equity at the peak unrealized profits of my positions prior to 28th December pullback in the market. That is equivalent to a profit loss of -13R in a single trading session. Some of the notable china partial/realized winners include $TUYA, $GOTU, $GOTU (Short),$TAL, $CWEB, $MLCO, $QFIN, $RLX, $GLDG, $YMM, $RLX Other notables partial/realized winners includes $NINE, $PDSB, $IMVT, $LUNA (Home Run), $PMTS Major loss exceeding 2R from pre-session gap includes: $TMF, $LI, $MNSO, $FXI, $CWEB, $OILD I have also entered in the upcoming 2023 US Investing Championship for the third consecutive year. Will be making several tweaks to my money management method (R % of equity, fractional % to Kelly Criterion calculation
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By Jeff Sun Trading
Jeff Sun is a independent trader, an accredited investor (Securities and Futures Act, Singapore), and an avid private/public equity real estate, and specialist builder engineering firms investor, with Certified Financial Technician (CFTe) accreditation by the International Federation of Technical Analyst; and graduand of (with distinction) Institute of Trading and Portfolio Management.
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