LEARNING CURVE QUARTERLY 2010 report # 14

QUARTERLY REPORT # 14 for 2010 returns on learning curve!
End of March, 2010

Quicki trading account is up + 12%
Spread Trading account is up + 12%
Virtual Account is losing at ( - 37% )

Blog on Trading. Current balances are at: Report #12
http://oexoptiontradingexperience.blogspot.com/

The Quicki trading account is short term 1 to 6 days trading, based on volatility. I tried a lot of methods and finally this one seems to be working best. This is currently in the testing learning stage by practice. When it gets to + 50%, or over $5000 starting capital, doing hypothetical paper trading; then it would be moved into the Virtual Trading Account. Which is also hypothetical, but is using a broker and real trading Virtual account. No real money yet.

The Spread Trading account also has to reach a + 50% gain before being moved from hypothetical paper trading to VIRTUAL BROKERAGE hypothetical trading.

The VIRTUAL ACCOUNT is the one that counts. This has to move + 50% of hypothetical trading, using a broker, or from a starting balance of $5000, to a net of $7500. Whenever it does that, the learning curve based on performance, will shift to a real money CASH account. Until then, it is all practice funny money.
After that; our money management formula dictates an additional $5000 real cash money be added for performance, based on increases of + 50% to fresh starting balance. The VIRTUAL ACCOUNT is supposed to use only the one proven successful method I have yet got, so far. That is trend following using third month out options. Unfortunately, I've been impatient and playing around with all kinds of quickie short term trading systems, that have not worked out enough and I fell prey to impatience and tried some of them too soon in my VIRTUAL ACCOUNT and lost bets, which brought the VIRTUAL ACCOUNT balance down. Which is no biggie, but it will be a while ( a month probably? ) before I get another TREND to make back my experimental losses. A PERFORMANCE BASED LEARNING CURVE! In the meantime, I swear on the HOLY GRAIL I will segregate my QUICKI trades and SPREAD TRADES until they each earn their + 50% in practice paper trading trials, or FAIL and get discarded.