System Z beginning Month 5: $9,343.69; Differential back near 14%

System Z had a great week--almost every trade was profitable. The differential reached an all-time high at 13.65%. Not bad for 4 months of trading.

System Z account value: $9343.69
commissions paid: $815
maximum commissions should be: $326
which means I overpaid at least: $489
minimum account value corrected for obscene commissions: $9832.69
account value if no commissions: $10158.69

System Z actual return since 4/7: -6.56%
System Z corrected return since 4/7: -1.67%
System Z no-commission return since 4/7: 1.59%

Nasdaq on 4/7: 2339.02
Nasdaq return since 4/7: -12.06%

Difference between no-commission return and NASDAQ return since 4/7: 13.65%

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.