Recovered from drawdown

back to 15th June NAV status on July 6


  • The goal was to generate a 5% return in five days and turn capital of US$377,000 to $391,650 in five days.

  • Starting Balance as of Monday, June 14: $373,000.

  • Balance on Tuesday, June 15: $377,000 (target of 1% a day increase met)

  • Balance on Wednesday, June 16: $$381,050 (target of 1% a day increase met)

  • Balance as on Thursday, June 17: $314,280 (a big drop of US$66, 770 compared with June 16 balance: a draw-down of 17.5%

  • 5-day challenge suspended. Extended to a 15-day challenge

  • ON 7th July Balance is US$400, 600 or

  • 7.25% increase in the NAV from starting Balance as on June 14

  • 27.25% increase in the NAV that plunged to $314,280 on June 17