MayankRocks.com Virtual FundFriday, July 13, 2012 19:47
Recently, one of my blog readers suggested me an idea that I should share some of my investments or trades here. So I thought of an interesting idea about a virtual (unreal) fund that consists of a certain sum of money which I will trade or invest with and all those trades and investments done with that money will be shared upon completion of each trade. I am going to use this money to trade in Futures and Options mostly. The trades are not going to be speculative in nature but very calculative and strategised, just like investments.
So the idea is of a virtual non real fund kind of thing, I’m going to name it MayankRocks.com Fund and I’m going to allot it 4 lakh rupees. I’m going to use this 4 lakh to trade in the markets and I’ll be updating the blog once or twice every month with the trades that are executed using this fund’s money and also the current status of the fund, up or down. You can also call it like a monthly income report of MayankRocks.com Fund. I won’t be sharing all my investments or trades that I do but only the ones that I am going to do using the money allotted for this virtual fund.
I have worked hard on finding out some interesting strategies in the futures and options side and I’ll be using exactly those strategies with this money. At the end of each month, we will know how this virtual fund has been performing, that is how much percentage gains or losses the fund has registered. I would ignore the brokerages and taxes on gains from the performance of the fund to make the calculations rather simple. Just to clear some doubts, the money used in this virtual fund is mine and not of anyone else’s. The trades and the strategy used will also be mine and completely unique. Want to wish me luck? Thanks = P
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