ACCOUNT HISTORY NOTE
The period from March 8/10 when this account was opened with $13,616 until April 8/10 has been removed from the history as it does not reflect actual account trading practices. During this time period the sizing was too small, and then changed at inopportune times to various larger sizings, which caused the account balance and equity for the first month to not properly reflect our since-standardized trading practices and generally the VT trading engine's performance.
As of April 8/10 we started running this account at our 1:1.5 ratio base order sizing money management, so for continuity of calculation of return rates, etc., the reporting point has been changed to April 8/10.
IMPORTANT NOTE REGARDING THIS DISCLOSURE:
The period of March 8 to April 7 when we were not running our 1:1.5 mm rule the account was down slightly less than 6% (something like -5.87% or so.) Removing this period causes the effective starting balance of trading to be $12,820 on April 8/10, making the percentage return since April 8/10 to be around 6% higher due to cutting out the first month. This higher percentage return is of course the ACTUAL percentage return from the time this account was traded at the 1:1.5 standard as noted in the previous message (i.e., from April 8/10.) Hiding the initial period has been done in order to accurately reflect actual performance at the system with the uniform money management rule of 1:1.5, not to hide information from those who are interested to view the performance. We believe that this first month of this account's operation, at various money management ratios that changed from day to day, to not be relevant the account's performance. It is important when evaluating this decision to bear in mind that during that first month which is removed from the statistics, the trading engine itself was performing perfectly well, averaging 136 pips earned per day from March 3/10 (when we began tracking the performance with the other 1:1 account) until April 6/10.