Sunday, May 18, 2008

Performance of Trading Fund since fund inception

 

We started this virtual Trading 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 9.09% has been achieved

 

 

 

 

 

Index &  Fund growth since April 1, 2008

% growth

( with March 31,2008 closing values as base)

 

 

 

Sensex

 

11.4

 

 

 

Nifty

 

9

 

 

 

Dow 30

 

6.3

 

 

 

Nasdaq

 

11.8

 

 

 

Our Trading Fund

9.09*

 

 

 

 

 

 

 

 

 

 

1. Please note bulk of our trading in Nifty and Dow 30 ( none on sensex) with 2 few trades so far carried out in Nasdaq futures

2. Success rate on 75% on 36 executed trades with one of the two open position trades being as loss making and other marginally loss making  open position t o be squared of this week

 

 

Details of Trade wise Profit and Loss

Trade no

Profit/ loss

Remarks

All 48 Trades

90999 or US $ 2274

 A gain of over 9.09% with net loss registered in last week’s trading

48

Not executed trade

 

47

-8000

 Potentially  hugely profitable prediction turned in to loss because stop loss was specified 12 points short of Dow 30

46

-600 ( open position)

5100 May Puts to be squared this week

45

700

-

44

-8000

-

43

-10000

-

42

-1950

-

41

500

-

40

-3700 ( open position)

One May 5100 puts at 134

39

16200+2650

2650 profit was partly booked from Trade 40

38

450

-

1-37

105649 or US $ 2641

Gain of over 10.56% since fund inception April 1,2008(includes un-booked profits) with total 37 orders, 23 profitable and 5 loss making with 82 % success rate ( 9 not executed trade)

 

                                                                                                                                                           

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

 

  1. Out of total trades 37, about nine were not executed as price target were not met. Out of these 7 Not Executed(NE) Trades, at least five would have given profits if purchased at prevailing current premium/price at the recommended time.Out of these four two order on Infosys Technology –buy and Nasdaq future buy call on April 14 for the week would have given huge profits
  2. In previous performance report un-booked profit was RS 11200 on trade 36 which rose to Rs 13200 on booking profits last monday
  3. Trade no1 profitable but abandoned 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.
  4. On trade 16 in US market, earlier profit of US250 was allotted out of maximum profit of US $ 325. This profit is further cut down to US$ 162.5 as only future options was recommended not futures.
  5. 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
  6. Total profit made on total fund of Rs 10 lacs is RS 1090999 or US$2276. ( fixed exchange rate of RS 40=US$1) used. Gain of  10.09 % in fund asset value in 7 week time ( by May 16,2008) . No interest on idle funds imputed even though only a small portion of total fund  used for trading. Trade no 27 in US market was a lucky trade as we just managed to reach profit protection limit on Dow ( but comfortably on Nasdaq) . Hence out of a possible profit over $250 we consider only $150 or Rs 6000 as profits
  7. In total of 37 trades trades Nos  8&9 are same. Trades 15 and 17 are same
  8. Trade 37, we exited dow 30 position with a small loss but nasdaq futures gave a small profit at nasdaq closing values of Friday may 9
  9. In real trading, impact of emotions on executing and closing trades may be different for different people.
  10. Red trades are losses, green trades are Profits.
  11. Most trades on Indices and only a few are on stock based trading
  12. Paid services are sent through SMS , not available on our blog/website

 

 

 

Email : future@ckal.mobi

Tel: 0911698256,09312039121

 

 

 

 

 
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