Monthly Report 

1^st February 2006  – 28th February 2006

Not the best of month's, in that I finished up with a loss of about -4.5%.   As can be seen from various charts, particularly those above, most of the damage happened over three days in early February, just as I was trying to resume normal trading size, after an extended period of being quite conservative.   I spent the rest of the time trying to dig myself out of a hole.

Nonetheless; times like these are not so bad, as it has made me concentrate on analysis, which is core to all my trading.   I also believe that I've made some important distinctions, which I will cautiously introduce over the coming months.

Taken in context, the result is nothing to worry about, although it has to be said, losing money isn't a lot of fun.

Hopefully, as I try to get back to normal again this month, I won't get slammed down again.