I sent out an email before stating that my goal was to surpass the 100% return in less than a month. Now, in 27 days, under 4 weeks of time the current equity is at over 117% return without risking more than about 3% in any one position. This was accomplished with slower moving trades off the daily charts, not scalping the 5 minute charts. On significant breakouts I added to positions such as on silver today. I manually trailed stops that allowed for shortened losses, but all in all this has been a conservative trading style.
I do not expect these kind of returns continuously. If I hit 50% for the year I would be out performing 95% of all funds out there. We have hit 117% in a short time frame.
To compare to Barklay's Top CTA funds, they on average are down nearly 1% for March and up 0.01% in April.
This index I am referring to can be found at http://www.barclaygrp.com/indices/btopfx/
Best of success.
Blake Young
Random Acts of Forex
http://randomactsofforex.blogspot.com
