Into month five and sort of back on schedule (well almost!)
This month had a lot of catching up to do after last months loss, so its probably going to put us behind a month, here's hoping that we manage to catch up with it
Over the past week or so ive done some analysis on 2005 and as a whole it preformed a little under par. £10,000 invested on 1st january would have grown to £74000 which is 740% give or take a bit. This may sound a lot but at high leverage its not the performance we expected. To reach our million we need to produce an average of 22% per month growth. This equates to around 1000% per annum that we need.
well, if it takes a little longer to get the mil than we thought then what the heck, but at this moment in time the target still stands.
Ok, February then.
This month we did not have a single maximum stop out. I guess thats making up for last month when we had a boatload of them.
Performance has been very good although it has not felt that way with so much ground to gain on January - Effectively we needed a large percentage win this month to get back on track and it did feel that we were merely treading water for the month.
We have had a good gain, but a dropped month takes some getting over. hopefully this will even in during the next few months.
The good news is that the account has now doubled in size - eat that jupiter fund with your piddling 30% pa
anyway, heres the results for the month, next month comes the quarterley report and the six month report on top of the usual monthly one.
Have a great March :)
- Opening balance:£13,940
- Closing Balance: £20,108
- P/L: £6168
- % Gain on account: 44.2%
- Lowest account value: £ 13,420
- Highest account value: £20,108
- Maximum Drawdown: £1,608 = 9.1% peak to valley
