Friday, April 04, 2008

Managed Accounts - March

Before the managed accounts report just to let you know that there is now a voice chat room for serious traders who like a bit of company during the trading day. - hope to see some of you in there http://squawkbox.ivocalize.net/


A lot of people lost their shirts last month. Hedge funds crashing all over the place, Banks in meltdown, Bear stearns almost going to the wall etc and many traders have been unable to manage risk and are in big trouble.

Delta 7 made a small loss in March of around 7%. The volatility in the markets gave us trends to make money but that same volatility often triggered our safety stops. In a strong trend our stops remain untouched but these moves although strong also have opposite moves just as strong. as such we were unable to ride these trends and instead opted for safety and avoid excessive loss.

This is the first loss on Delta 7 since May 2007 and so is not to be viewed as a system problem.


2004

2005

2006

2007

2008

J


2.0

-2.7

9.3

6.7

F


-7.2

12.0

-3.4

7.7

M


12.4

9.1

-10.3

-6.1

A


6.3

10.6

-1.6


M


-6.1

22.7

-7.0


J


-2.1

3.3

0.3


J


22

13.9

0.6


A

3.2

1.8

-4

9.8


S

13.5

10.3

11.3

11.8


O

5.1

-6.3

13.8

0


N

1.4

6.6

9.1

7.6


D

9.0

5.0

-11.1

5.6


Tot

36.4

49.8

126.8

22.3

7.9

Figures above based on 3:1 leverage.
Leverage can be customised to fit client risk appetite for an illustration
of various risk levels please email



Please email me managed@simpleforexsystems.com for full details should you be interested in managed accounts.