SPOOZ Inc (SPZI): The way it was explained to me was that...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	59
Posts	5508
Boards Moderated	0
Alias Born	11/21/2006

MuchCompensation

Re: Traderfan post# 37276

Thursday, 11/08/2007 5:12:15 PM

Thursday, November 08, 2007 5:12:15 PM

The way it was explained to me was that SWARM can be adjusted to execute less trades for a better result such as the following:

All trading occurred in a third party account. The beta test period began July 2, 2007 and continued through July 18, 2007. For the beta period, only two spreads in the energy complex were traded. The following unaudited results were generated from account statements:

Trading Days: 12
Number of Trades: 244
Average Trades per Day: 20.3
Number of Winners: 234
Number of Losers: 5
Number of Scratches: * 5
Winning Percentage: 95.9 %
Losing Percentage: 2.05 %
Scratch Percentage: 2.05%
Average Winning Trade: ** $30
Average Losing Trade: ** $16

* A scratch is a trade initiated and offset at the same price. Transaction fees apply.

** Based upon one contract; excluding commissions and fees.

Conversely, SWARM can be adjusted to execute more trades at a lesser success rate. This could translate into greater net returns.

MC

SPOOZCAT RULES BLOOMBERG!!!!!

Try not to obfuscate. All posts are opinion.