Small Capital Project – April, 2010 Update
Monday, May 3rd, 2010
This has been an outstanding month! The 48.3% return smashed our conservative goal of 5% per month! There’s still a way to go though – I won’t regard the account as having got out of the "small" category until we are over US $20,000.
During our first 3 months, we have had returns of 39%, 4.5% and 48.3%, more than doubling our original capital. This has been very pleasing, but of course it is no excuse for euphoria. The markets have a habit of biting back, so we need to continue trading very cautiously.
Follow the daily trades on the TradeOnAuto blog.
Trades described in this diary are based on principles described in "Day Trading Grain Futures" or my eBook "Day Trading - How To Win" and can be set up to run automatically on TradeOnAuto software.
Trading Calculator is an invaluable tool for manual traders. TradeOnAuto software is used for automatic trading.
