Re: Profits from Prediction based trading on Kaching Trading website

Profits from Prediction based trading on Kaching Trading website

1. we started our prediction based trading on Kaching trading website from May 28,2009 using the initial allottment of virtual capital of $10 million.

2. This is a authentic trading/investment website which also offers investors/traders to trade with real money on the same platform

3. details of profit/loss are given in table below. Our porftfolio has increased 9.6% as seen in our Kaching Trading site value of our portfolio has increased by over 5 % in last week against negative increase in S&P index. In last trade of June 12, portfolio increased by 2.7%against 0.2% growth in S&P 500 index
 

	Profit/Loss from day trade
June 12	$130,000
June 11	$390,000
June 10	$250,500
June 9	$150,000
June 8	$8300
June 5	$16500
June 3	$368,000
June 2	-$74000
May 29	1$3750
May 28	$6000
Total Profit/increase in portfolio value	1249050

4. There is discrepancy in the present value of portfolio (9.6% increase) and as reflected in the table below( 12.4%). This may be due to number of reasons including price reporting error on website, possible neglect of some losses on shorting of stocks. we assume the lower of the two figures as being correct
.

5. From now on Option trading results may be included based on trades from another webite www.cboe.com ( option express) .

6. similarly we may start giving trading results for the Indian section using the Indian trading websiet www.moneybhai.com