My LoopHole account was started with $300
Account equity moved up to $2553.44
We are 7 months in the Pool started with $300.00
We have a profit of $2253.44 over 7 months. This makes a profit of $321.92 per month for 7 months or 107.30% a month for 7 months.
This will be update frequently to form my trading journal
will you be posting your trades?
Today’s update : Account equity took a hit down to $1321.54
Profit over 7 month term is now $1321.54 - 300.00 = $1021.54
This makes it $ 145.93 per month
This is 46.84% a month for 7 months.
Thats not much of a loop hole if one day can wipe 50% of 7 months work. Bet the bloke who paid you money to keep your mouth shut is pissed off right about now
looks like the old thread was mercifully deleted (well i can’t seem to find it right now) so i can feel a bit less embarassed by my colourful metaphores.
i thought we were going to get a loophole forum web site from you.
i agree with bobbill, a loophole being a flaw in the system rules, should not create any losing trades at all.
perhaps you could explain a bit more, i really don’t know anything about hedged calander spreads.
unwinding a hedge can be tricky.
my appologies, i was sure this was a scam, but i don’t think a scam would admit to a 50% drawdown in a couple of days.
think the maths is a bit dubious, your 47% per month is relative to intial deposit and not a compound value?
It’s not clear whether your personal investment is 300usd or the pool total is 300usd. If there are say 5 investors each contributing 300usd ur return on investment would be 204.31 (1021.54/5) for example. Secondly, to arrive at the correct ROI per month you would need to use the future value (FV) formula and make interest rate ® the subject of the formula.
FV = PV(1+r)^n where FV(future value) = 1321.54
PV(present value) = 300
r (interest rate/rate of return) = unknown
n (number of compounding periods) = 7
Then we have
r = (FV/PV)^(1/n) -1 = 23.59% (not 46.84% per month)
Today’s update : Account equity moved up to $1558.04
Profit over 7 month term is now $1558.04 - 300.00 = $1258.04
This makes it $ 179.72 per month
This is 59.90% a month for 7 months.
let me try some maths… for your amusement…
2253.44 - 1021.54 = 1231.90 = loss
1231.90 / 300 = 4.106333 = loss as multiple of initial investment
4.10633 * 100% = 410.63 % loss / drawdown in 2 days
sorry, think i am bored. what happen to cause loss? pairs not correlating like they should?
because of greece?
I think you need to go back to your books on your maths.
What caused the loss ?.. It is NORMAL course of trading… are you not aware that your positions are marked to market daily ??
Today’s update : Account equity moved up to $1614.24
Profit over 7 month term is now $1614.24 - 300.00 = $1314.24
This makes it $ 187.71 per month
This is 62.5% a month for 7 months.
Again: r = (1614.24/300)^(1/7)-1= 27.18% NOT 62.5% pm
Hahahaha
Why are you working out a compounding rate when there is no re-investment of the capital ??
You’re a strange one.
How can you work out growth with unrealized profit. Your loophole has already demonstrated that nearly half of that unrealized profit can be wiped in one day
Yes I’m strange but so is ur mathematical logic. Capital isn’t re-invested, your return is and that would mean you are compounding.
@62.50% pm; FV = 300(1+[B]0.6250[/B])^7 = [B]8976.25usd[/B]
@27.18% pm; FV = 300(1+[B]0.2718[/B])^7 = [B]±1614usd[/B]
In other words if someone were to ask you what your return is pm on a 300us investment and you say 62.5% he or she would expect nearly 9000usd at the end of the 7th month which is totally incorrect.
Where did you get the notion that the return is re-invested or compounded?
Did you just make it up yourself?
If you go to the bank and place some funds on deposit with a coupon rate of 5%, let’s say $100,000.00 how much would you get back after 3 years??
It would be $115,000.00…your returns are NOT compounded !!
I am not sure if you know what you are talking about.
How can there be any unrealised profit or loss when the account is marked to market ??
You may want to look for another bank.
If I deposit $100,000 in my bank at 5% for 3 years, I end up with $115,762.50 after 3 years.
It is quite obvious that you have no experience dealing with banks.
And yet I get more interest from them than you do.
Enlighten me, oh wise one
Today’s update : Account equity moved up to $2004.24
Profit over 7 month term is now $2004.24 - 300.00 = $1704.24
This makes it $ 246.46 per month
This is 81.15% a month for 7 months.