Did we make or lose money?
Positions
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:
————-
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
————-
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
————-
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.
If you are not already a member and are reading this join MarketClub today before our rates go up.
Spread the word
del.icio.us Digg Furl Reddit Ask Blogg-Buzz Google Technorati Yahoo! Help
3 Comments »
June 7, 2007
The 10 Year Bond over 5% … no surprise for MarketClub members. | MarketClub Traders Blog (Pingback)
[…] Long PGH = profit Short FD changed symbol to M = profit Short September T Bonds = huge winner for us. Here is how we did one week later. […]
June 10, 2007
Gordon :
Good day to you. I really enjoy your videos. How do you make a decision when you have so many products giving 100% signals. What would happen if you took positions in all the trade triangles - supposing of course that you had sufficient funds to have access to all the makrets. Kind regards
Well Gordon,
I wish I had the funds to take positions on all the markets that provided the correct signals! If you took all of the markets, you sure would be diversified! However you have to visually filter these out by your own preference… Do you want to trade something with low volume? Do you want to trade a penny stock that has had a tremendous rate of change after a period of flat trending? It takes a little bit of basic trading knowledge to weed out the markets that do not have as much profit potential as others. We do not suggest going into every market. What we do suggest is taking your basic knowledge (or knowledge attained from Trade School) and making educated trading positions based around the triangles, the scanning scores, etc. Please feel free to call me with any questions. 1-800-538-7424 ext. 112 or lindsay@ino.com
June 13, 2007
Ronald Najar :
Hi, if i get a member, do the triangles giving buy or sell signals, also give stop positions ? Also how often do you give trade advise or "examples" as you did on May 17th ? Thank's in advance. Ronald
Ronald,
We do not recommend stop positions simply because our members use our service in many different ways depending on their trading style and security typle. In our Trade School we have MP3/PDF seminars that deal with money management. These a great resources.
As for our "examples/tips" we try to produce these about every week. However if something is happening in the market that deserves some attention we will cover it. We produce movies for our members much more often and place them in the "Video/Member" bonuses section of MarketClub. Hope I helped!