Month 10 July 2006

Gosh, doesnt time fly!- month 10 already.

Mind you, i wish it were month 24!! but i guess you shouldnt wish your life away.

You will most likely find it hard to follow the account this month from the screenshots because I have moved the account from Capital Spreads to my new broker. what i actually did was move the difference between the investment account (the big one) and the income account (the smaller one) so in effect the accounts have changed hands over the brokers.

so you'll find the screenshots are a little weird and you may not be able to track the changes as i took £4500 ish wages at the same time.


Anyway, the month was a good one all the way through really. didnt break any records at all but was kind of 'steady eddie' through the month.

The peak of the account came on the 28th with 2 days to the end of the month and then a couple of wanky days kinda took the shine off it.

Still, just about to plan i think with a high watermark of 65k (combined with holding acc)

I bet there are plenty who are beginning to say to themselves hmmm - those who think its not possible to produce 20% a month on average - well, keep reading cos I've done it for 10 months now.

Anyway, heres the report for Month 10

Monthly Report - July 2005

• Opening balance:£38,411

• Closing Balance: £ 50,556
  

• Cash in holding account: £10,000

• Account Valuation total £60,556
• 
  
  
• P/L: £12,090
  
  
• % Gain on account: 24.96%
  
  
• Lowest account value: £ 33,255
  
  
• Highest account value: £50,080
  
  
• Maximum Drawdown: £5,156 = 10.6% peak to valley

Screenshots of both accounts are below to show the transfer from one to the other - note that the new account shows the earlier dates at the bottom and the latest dates at the top. - this is opposite to the previous broker i was using.