Did we make or lose money?

"On the Line"
Positions

All trades entered on May 17th, 2007.

Three of the our original five positions remain open with profits. Two positions were closed with small losses.

Here’s the breakdown on how we did:

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 STOCKS
Long 275 PGH shares at $18.02. Close 5/24 at $18.51
Open Profit $134.75

Short 125 FD shares at $39.07. Close 5/24 at $38.20
Open Profit $108.75
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FUTURES
Long 1 August Mini Natural Gas contract at $8.4050.
Stopped out on 5/22 at  8.1700  Loss $587
See how we were stopped out

Short 3 September T.Bond contracts from 110.44. Close 5/24 at 109.28
Open Profit $3,468.75.
————-
FOREX
We used a currency futures contract for accounting purposes
We were long the USD and short GBP cross. 2 contracts from .5063/1.9751. Stopped out on 5/23 at  .5058/1.9770  Loss $237.90
See how we were stopped out
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 Total capital $25,000. Capital in use $19,912.25 for positions. In reserve $5,087.75.

Total gains including open trades … $3,712.25
Total loses closed out positions … $ 825.40

Net open profit as of the close of business 5/24 … $2,886.85
The return on margin capital … 14.50%

The return on total capital … 11.56%

Annualized return on capital … 601%

This real time one week demonstration shows how easy it is to pick winners with MarketClub. Remember always be diversified and always be disciplined. Is a 601% annualized return possible? Yes, but even if you only see a double digit return for the year you are still doing better than most traders.

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