Performance for the week ended 5 October 2012: <font color="red">-0.41%</font> Opening VAMI: $1222 Gains/(Losses): <font color="red">($5)</font> Closing VAMI: $1217
Performance for the week ended 12 October 2012: <font color="red">-0.33%</font> Opening VAMI: $1217 Gains/(Losses): <font color="red">($4)</font> Closing VAMI: $1213
BACKTEST RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN BACKTEST RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF BACKTEST RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, BACKTESTING DOES NOT INVOLVE FINANCIAL RISK, AND NO BACKTEST RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF BACKTEST RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Performance for the week ended 19 October 2012: +0.82% Opening VAMI: $1213 Gains/(Losses): $10 Closing VAMI: $1223
Performance for the week ended 26 October 2012: +2.29% Opening VAMI: $1223 Gains/(Losses): $28 Closing VAMI: $1251
Performance for the week ended 2 November 2012: <font color="red">-3.60%</font> Opening VAMI: $1251 Gains/(Losses): <font color="red">($45)</font> Closing VAMI: $1206
Performance for the week ended 9 November 2012: <font color="red">-2.16%</font> Opening VAMI: $1206 Gains/(Losses): <font color="red">($26)</font> Closing VAMI: $1180
Performance for the week ended 16 November 2012: <font color="red">-7.39%</font> Opening VAMI: $1180 Gains/(Losses): <font color="red">($87)</font> Closing VAMI: $1093
Performance for the week ended 23 November 2012: <font color="red">-5.85%</font> Opening VAMI: $1093 Gains/(Losses): <font color="red">($64)</font> Closing VAMI: $1029