Performance of Trader's Mutual/Trading Fund: April1-May 2,2008

We started this virtual fund to demonstrate the effective of our Prediction based Trading system starting with Rs 10 lacs and trading in US and Indian markets. It is still too early to make a definite conclusion of effective of our prediction based trading model though in last one month a gain of 7.1% has been achieved

Trade No	Profit/Loss	Stock Market
1	4400	US
2	5400	India
3	3000	India
4	NE	US
5	3900	US
6	NE	US
7	6500	US
8	0	US
9	NE	US
10	1500	India
11	NE	India
12	NE	India
13	-1600	India
14	2200	India
15	0	India
16	10600	US
17	5200	India
18	2400	US
19	5649	India
20	-2000	US
21	26800	US
22	open	India
23	1250	India
24	-4000	US
25	NE	US
Total Profit	Rs 71199		US$1780

Notes on Trades since Traders’ Virtual Mutual Fund inception April 1,2008

1. Out of total trades 25, about six were not executed as price target were not met. Out of these six Not Executed(NE) Trades, four would have given profits if purchased at prevailing current premium/price at the recommended time.Out of these four two order on Infy –buy and Nasdaq future buy call on April 14 for the week would have given huge profits
2. Trade no1 profitable but abandone earlier has been allotted a profit of US110 dollars as 75 points on Dow 30 drop would have given profits of atleast this amount on purchase of Put option.
3. On trade 16 in US market, earlier profit of US250 was allotted out of maxmim profit of US $ 325. This profit is further cut down to US$ 162.5 as only future options was recommended not futures.
4. On trade 23 profit of Rs 1700 was made under erroneous accounting that 4 option were purchased. Actually only 3 options were purchased. Hence profit is only Rs 1250.On trade 24 loss of $100 instead of $70 has been booked.Total profit made on total fund of Rs 10 lacs is RS 71199 or US$1780. ( fixed exchange rate of RS 40=US$1) used. Gain of 7.1% fund asset value in 5 week time. No interest on idle funds imputed even though only a small portion of total fund used for trading
5. In total of 25 trades trades Nos 8&9 are same. Trades 15 and 17 are same
6. Success rate of trades will calculated after at least 30 complete trades.
7. In real trading, impact of emotions on executing and closing trades may be different for different people.
8. Red trades are losses, Blue trades are Profits.
9. Most trades on Indices and only a few are on stock based trading
10. Paid services are sent through SMS , not available on our blog/website

Review of weekly prediction for key world market April 28-May 2

See original prediction posted on April 28,2008

1.Chinese: Buy on Monday correction would have given huge profits

2. Hang Seng: Mid week correction but Market rose on first two days giving losses

3. Nikkie: Volatile market but with recommendation to sell till mid week would have given some profits

4. US market: Buy rather than sell recommendation would have given good profits

5. India: Buy on mid week correction would given huge profits

score : 4/5

Email : future@ckal.mobi

Tel: 0911698256,09312039121