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Performance Review & Retrospective

Date: 2026-03-28 Analyst: Sophia — Performance Analyst Period: Q1 2026 (January - March)


Portfolio Performance

Metric Portfolio SPY QQQ
3-Month Return -30.38% -7.82% -9.39%
Max Drawdown -37.52% -8.83% -11.16%
Peak Equity $32,791
Current Equity $20,489
Win Rate 0/7 (0%)
Underperformance vs SPY -22.56pp

Trade Review

Ticker Entry Current Return Cost Basis Loss Process Grade
NVDA $180.27 $167.52 -7.1% $10,816 -$765 C
PONY $18.05 $9.14 -49.4% $7,581 -$3,742 F
FIG $48.18 $20.19 -58.1% $4,818 -$2,799 F
HOOD $126.69 $66.02 -47.9% $3,167 -$1,517 F
HNGE $45.67 $36.25 -20.6% $457 -$94 D
BTCUSD $70,867 $66,764 -5.8% $244 -$14 C
UNH $290.00 $259.02 -10.7% $200 -$21 D
TOTAL     -32.81% $27,284 -$8,953  

Behavioral Patterns

  1. No stop-losses on any position — ~$8,000 in preventable losses
  2. Extreme concentration — NVDA at 49%, top 3 at 78%
  3. Averaging down without thesis — 3 NVDA buys while falling
  4. Panic liquidation → concentration — sold 15 positions in Feb/Mar, redeployed into fewer names
  5. No documented process — zero theses, zero exit plans prior to autopilot

Lessons Learned

  1. Stop: Buying without written thesis and exit plan; holding losers past -20% without catalyst; concentrating >10% per position
  2. Start: Using /research → /thesis → /decide pipeline for every position; setting stop-losses at entry; enforcing 10% max position rule

Action Items