May 2007 Report

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Performance since start of reporting

Monthly Report

1^st May 2007 – 31st May 2007

Marginally profitable this month, but nothing to write home about. However, as mentioned in recent reports I have been working on a number of fresh approaches, and have now got these fully tested and implemented in the last few days.

One of the things that one will notice from the above charts is the recent very low volatility on my daily % returns. Basically, these numbers are fine all the time I'm trading flat or losing money, but are of insufficient magnitude to make good profits when they arise. As a consequence, I plan to increase my account volatility this coming month.

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