18 October 2016: White Chapel’s best and worst trades

arrowupdownYesterday, at the beginning of the trading session, White Chapel made a trade for the first time in more than two months. Although our return for the year is still way above 200%, the previous trade was not a very successful one, it lost 30.5%. It ranks number 6 in the worst trades of all time, in White Chapel‘s 21 years of backtested and live trading history. The top 5 of worst trades are presented below. (To put it into perspective: also the top 5 of White Chapel‘s best trades can be found in the table.)

Worst trades

Date

Best trades

Date

1

-48.3%

2 October 2008

+1002.7%

26 March 2007

2

-45.5%

11 August 2011

+426.9%

14 July 2009

3

-41.8%

16 July 2015

+175.8%

23 April 2014

4

-41.3%

6 June 2014

+147.4%

7 April 2004

5

-38.9%

5 May 2015

+141.8%

19 March 2002

 

white-chapel-logo-smallAlthough US markets turned a bit negative yesterday, our XIV ETN’s added 0.4% in comparison to the previous close.  Return for the year is 219%. Return for this quarter also remains positive: +4.1%.
White Chapel did not give a signal at the end of Monday’s trading session. It is expecting lower volatility the upcoming days.

 

Accumulated capital at close of previous trading day

Return since start

Return this year

Return this quarter

$31,883

+218.83%

+218.83%

+4.1%

Our initial capital was $10,000 at 1 January 2016. Our average Annual Return is 337%.

RS_v05-smallWhile browsing through his digital image archive, René stumbled upon one image that made him raise his eyebrows. Obviously taken with his iPad, captured by his Hipstamatic app, but lacking a subject. It was just a totally black square enclosed in a fancy frame. But closer inspection revealed that it wasn’t a black square at all… When he increased the brightness of his monitor, he noticed that it was merely a glimpse into darkness: almost black on the outside, with a vague, dark brownish glow toward the center. Even when zoomed in, the picture revealed nothing more than what looked like a random pattern of dark and light brown pixels. The longer he stared at it, the more questions arose. The EXIF data showed that the picture was taken on 20 November 2015. That’s not even a year ago. Why did he forget about it completely? And, given the fact that it is obviously lacking a subject, he must have had a reason to keep it. What could that reason have been? After a while, he gave up, and decided to keep it, for whatever reason. Maybe, he thought, one day he would have it printed, so he could hang it on the wall, titled “Fifty shades of brown”.

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