Zhifu Fund Operation Report: August 13 Copper & Aluminum (Metal) Phase III I. Trading Type: (Copper, Aluminum) II. Initial Funding: 1 million, Initial Time: March 1, 2004 Funds Today: The London copper rose 7.5 points and 2772.5 tons of aluminum rose 29.5 to close at 1714.5. Shanghai copper opened lower and higher, and the 10-day moving average on the red line failed. It fell slightly and oscillated in a narrow range. The main 411 opened 26110 and closed at 26140, down 130 points. Technically, the averages struggled, and the 5-day moving average had support. The 10-day moving average was under pressure. The price was dilemma. In operation, more than half of the flat and half positions were held cautiously. Shanghai Aluminum opened higher and went lower, and the short-term rebound trend continued. The main force was 411 opening at 15620, closing at 15540, up 20 points. Shanghai Aluminum reported a continuous negative line, indicating heavy pressure at the top and temporarily watching. III. Transaction: Friday, August 13, 2004 Handling fee: 0.05% of transaction amount of copper Aluminum: 15 yuan/hand Contract turnover date Direction/opening quantity (tons) Transaction price Settlement price yesterday Clearance Fourth, position: August 13, 2004 contract date direction number (tons) transaction price yesterday settlement price settlement price on the day of the stock gains and losses CU411 08/05 buy 26100 -3400 five days of capital equity = the day before the fund equity - Handling fee + liquidation gains and losses + position gains and losses = = 966614 VI. Yield = (equity of funds on that day - initial capital) / initial capital = -3.34%. 7. Fund investment philosophy: take advantage of the trend, water is indispensable; Keep your eyes on the small part of your hand; forget the cost, and enter and exit calmly; don't worry about it, don't worry about it; don’t have a profit or loss; risk ahead and do what you can; 8. In order to ensure the credibility of the fund, the operation of the fund follows the following principles: (1) In principle, prices for opening positions, adding positions, lightening positions, and closing positions are subject to unfavorable prices. (2) On the same day, the trading positions on the day were open, avoiding profits on the same day. (3) Daily trading status announced at 5 o'clock on the day after the close of the day China International Futures Guangzhou Sales Department Li Tao (Zhifu Fund Operation Team)
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