System Z end Month 3: $9,846.58; differential over 13%!
Over the last three weeks, System Z has made very few trades as market volatility slipped from its highs asnd markets became much less emotional. I do not expect this condition to continue. After three months of trading, the differeential between the no-commissions return of system Z and the NASDAQ market stands at 13.15%. A tremendous achievement for the first three months of trading an all-long program.
System Z account value: $9,846.38
commissions paid: $575
maximum commissions should be: $230
which means I overpaid at least: $345
minimum account value corrected for obscene commissions: $10,191.38
account value if no commissions: $10,421.38
System Z actual return since 4/7: -1.53%
System Z corrected return since 4/7: 1.91%
System Z no-commission return since 4/7: 4.21%
Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: 8.94%
Difference between no-commission return and NASDAQ return since 4/7: 13.15%
Refer to post from 4/19 for explanation of "corrected return". Returns for a larger fund would fall somewhere between the "corrected" return and the "no-commission" return.

1 Comments:
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