Recent content by Plook

They do, but there's no leverage and the spreads average about 1.5% total for 1 round. EURUSD is 'typically' 0.5% each way and they don't give any guarantees on spreads. This means it's not for small accounts... However, if you need real euros in your hand, they are worth considering.

Okay, Electric, sorry for the misunderstanding. After further review (due in part to a problematic 'Adjustment' column), I find you are indeed profitable! :) Current APR is 98.15% or 18.1% over 66 days. Congrats! Keep up the good work!

Semantics aside, you made $20.57 on $4,850.29 in 66 days. There's no ambiguity there, is there?

WTF? I'm not calling you a liar. I'm looking at your spreadsheet and based on the numbers in there, you have made pretty much nothing in 66 days. It doesn't matter how much you pay yourself, your capital is what you put in (-) minus what you take out. In the GAAP Balance sheet, that's called...

Why am I apologizing? Really, I would think you would be happy for me to audit your results so you can quickly change your plans. Sure, you haven't lost any money (if the spreadsheet is accurate), but you haven't made any either. Please explain...

okay, I took out the pre-5/9 deposits/withdrawals and it ends up like this: $5,215.63 owner capital ($365.34) UL 5/9 =$4,850.29 $5,141.50 balances 7/13 ($270.64) UL 7/13 =$4,870.86 $4,870.86 (initial cap) - 4,850.29 (end NAV) = SUM TOTAL $20.57 So, no loss...

PS: it could be worse even, as there's a $2,342.25 'Adjustment' on 5/9/05 added to the cash account. So it could be a 5K$ loss in 2.5 months of trading on a less than 10K$ portfolio?

As of yesterday, you've had a $2,396.01 LOSS on your trading between 5/9/2005 and 7/13/2005: NAV 5/9: $1,404.74 + $1,268.64 - $365.34 (UL) = $2,308.04 You added $4,958.83 over that time into the accounts (deposits - withdrawals). NAV 7/13: $1,638.81 + $3,502.69 - $270.64 (UL) =...

what's your adjustment column?

The daily 'profits' are not actual profits but closed trades that took profit. But his spreadsheet shows the raw gains in the daily column but does not account for the drawdown.