The Monthly Returns show the net
percentage return for each calendar month and are calculated in the
following way:
-
First,
the percentage profit for each trade
is determined.
-
Then, the
dollar return is worked out, which determines how
many contracts (or shares) would
have been traded.
-
These amounts are then totalled
to give a gross return for the
month.
-
The net dollar return is then
calculated, which is the gross
return minus brokerage and
subscription fees.
-
Knowing this allows
us to
calculate the percentage
return per month, which is the
net return relative to the
initial trading bank.
As you change your trading profile,
these returns will change, allowing
you to see your monthly results at a glance.