Performance of Trading Fund since Inception ( April 1,2008 )

 

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. A gain of 9.56% has been achieved so far with nearly 70.6% success rate after 51 executed trades

 

 

PLEASE NOTE FROM NOW ON ( UNTIL FURTHER UPDATE) MAXIMUM OF 5 PREDICTIONS FOR INDIAN AND US MARKET COMBINED WITH POSTED FREE PER WEEK.

Index &  Fund growth since April 1, 2008

% growth ( with March 31,2008 closing values as base)

Sensex

4.93

Nifty

2.88

Dow 30

3.45

Nasdaq

11.56

Our Trading Fund

9.57*

 

1. Please note bulk of our trading in Nifty and Dow 30

2. Success rate on 70.6% on 51 executed trades ( 36 right, 15 wrong)  and another  17 trades not being executed due to price limits not being  met or duplicate trade (1)

 

Details of Trade wise Profit and Loss

Trade no	Profit/ loss	Remarks
Trade 1-68	95699 or US$ 2392	Gain of 9.56% since fund inception but net loss this week. For Month of May net gain in Fund against net loss in all indices
68	5100	Indian market trade
67	NE	Trade not executed fortunately as sensex fell more than expected but after time deadline
66	-1650	Index rose next day with profitable position on Call position but did not meet our profit target hence loss booked
65	NE	US market
64	-5400	US market
63	-7500	Indian market
62	N.E	Prediction correct but price limit not met
Trade 1-61	Rs 105149  or $ 2628	Gain of 10.5% since fund inception with net gain in this of market loss world wide

 

                                                                                                                                                           

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

 

1. Out of total trades 68, about 16 were not executed as price target were not met and one was a duplicate trade. Out of these 16 Not Executed(NE) Trades, at least eight would have given profits if purchased at prevailing current premium/price at the recommended time and one would have given significant losses .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 some of the trades, stop loss was hit by 1 or 12 points ,oethrwise trades would have been profitable. Hence given the overall strength of our prediction we have switched to using options rather than futures with a higher risk reward pattern but risk being limited from beginning
3. In one of the  performance report un-booked profit was RS 11200 on trade 36 which rose to Rs 13200 on booking profits last monday
4. 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.
5. 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.
6. 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
7. 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
8. In total of 37 trades trades Nos  8&9 are same. Trades 15 and 17 are same
9. 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
10. In real trading, impact of emotions on executing and closing trades may be different for different people.
11. Red trades are losses, green trades are Profits.
12. Most trades on Indices and only a few are on stock based trading
13. Paid services are sent through SMS , not available on our blog/website

 

 

 

Email : future@ckal.mobi

Tel: 0911698256,09312039121