Final update: Trade 69 : Profit booked under Trailing Stop loss rule

June 4800 Puts premium now at Rs over 240. we believe that stop loss may have been hit at Rs 232 few minutes back when Nifty recovered about 25 points. Hence profit on 25 lots purchased at average price of 177.2 is about ( after deducting rs 2 brokerage per lot) is

Profit today=(232-177.2)*50*25- ( 25*2*50)= Rs 66000.

In real trade you may keep a few lots till next 1-2 days for better profits

Launch of Trader's " Mutual" Fund: Statistics format

Please see previous post for rules to be followed in implementing virtual Traders's "MF" based on our predictions starting April 1,2008. The following format will be used to record ongoing and past trades based on our predictions and will be posted normally after market hours.At present only predictions given free and posted on one of our sites/blogs will be part of this performance statistics

Traders' Mutual Fund Statistics
Today's Prediction based Trade ( Indian market)
Today Prediction based Trade ( US market)
Last Trade ( Indian market)
Last Trade ( US market)
Initial Investment
Return so far ( since fund inception April 1,2008)
Return on assets for last full month
Total trades in Indian market since April 1,2008
Total trades in US market since April 1,2008
Percentage of profitable trades ( Indian market)
Percentage of profitable trades ( US market)
Total assets as of date
Remarks

Launch of Trader's " Mutual" Fund

Based on success of our short term predictions over last few years which include recent predictions of (10 Bear market in 2008? (2) sharp corrections before March 2008, (3) Uptrend in US and Indian market (in second half) we are now launching a traders virtual fund which with following features

1. All trades to be done in US and Indian markets largely based on our short term predictions based on tarot cards

2. Trades to be largely confined to main indices like nifty, dow jones 30

3. A starting fund of Rs 10 lacs equally denominated in dollar and Re. In reality starting fund can be as low as Rs 1 lac. define your exit point based on loss bearing capacity

4. Funds to be used in small portions with relatively less frequent use of stop loss ( no trade in futures except on intra day basis and always with stop loss)

5.. Return to be calculated on intial corpus, with Sensex, dow monthly returns and with top mutual funds

6. Other rules to be posted as necessary

7. Start date Apirl 1,2008.

visit

www.kal.in , www.ckal.in , and mobile site ckal..mobi

Contact 09312039121,09911698256

email: future@ckal.mobi

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