Archive for May, 2010

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.