Closed Trades
This is the first post of my results. The closed trades don't look very flattering, but the account is only three months old and in this start up phase only the losers have been sold. I have 9 open positions . I will also include a Value Added Monthly Index (VAMI)report. This measure is commonly used by hedge funds to give returns based on a value of $1,000 invested. I am going to use this as I will be adding funds to this account and VAMI is a good way of tracking the underlying performance. In trading terms, this is the increase in value of total equity, which includes open equity. In strict trading terms, a lot of traders don't count open equity. Even though I fully understand that open equity is a moving target, I am interested in the total value of my account. There is no leverage used in any of my trading.
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