Sorry about the delay with this month’s report folks.
In addition to refocusing my attention on trading, I’ve primarily been working with our existing clients to provide regular updates during the transition of all accounts to a strictly-defined hard-stops limited-risk style of trading, henceforth known as the Hunter Evolution account. Most existing accounts have been worked back to flat, essentially back to a break-even point or thereabouts. That will allow me to fully deploy this revised trading regime. Some tough decisions are being and have been made, but in short, it’s ultimately all part of moving forward.
This new approach been borne from the desire to provide you with the type of account that:
remains flat to the market each day;
places limited low-risk trades with attractive reward objectives;
most importantly, has strict money-management at its core, so that any potential loss is both limited and able to be defined in advance.
I’m calling this a new approach, but it’s really not – I’ve actually been writing the code and tracking the system for quite some time, and in fact an EA of this exact trading system is presently in the works. In the end, it’s quite likely that the EA will actually do better than me, because it can tend to accounts for all 24 hours of the day (I’m not capable of sustaining 24 hour days for terribly long), and it will not second guess itself and close trades early (that being a peculiarly human trait).
Of all the accounts and systems that I’ve ever traded, from any the signal services, EA’s or other managed accounts that I’ve ever used or investigated, this new approach has the lowest absolute risk, yet still allows for the possibility of very attractive monthly returns. My studies and observation reveal a high percentage of winning trades at better than 1:1 risk for reward, which is uncommon in most EA systems in my experience. But talk is cheap, which is why I’m not writing this report to convince you of anything. In the end, it’s the results that will count, and let’s not forget that smooth ride goes a long way too. I’ve set the bar at 10% maximum DD, and maximum 0.5% risk trades with TP objectives at around 1.5% on average. With trades placed on most days there’s a potential for 1% or better ROI daily, which is more than enough to alllow for a double digit monthly result.
Normally, at this juncture I’d show you the average returns across the various account types that we offer, but we have no way to generate any sensible numbers in light of the current situation, which will become clearer as you read on. Nonetheless, please do feel very welcome to follow up with a direct inquiry. We’re always delighted to furnish genuine inquiries with live-account statements, read-only access to live-accounts (although they might look a bit ugly right now!) and, of course, to address any concerns you may have.
Since the last results update, the Hunter and Razor accounts have received the attention they required to get all but 3 specific accounts back to flat, with no open running positions. But that has also involved giving back all trading gains made on those accounts so far, give or take some small percentage. So, although both Hunters and Razors did suffer loss and drawdown from their peak balance, it was essentially limited to the previous gains that had already been made – on the whole, at least everyone has their principle back. I’m painfully aware that this is far from an ideal scenario, but it is certainly more desirable than taking a loss.
The remaining Miner accounts are also going through the same process, although I expect that these accounts will suffer an overall loss – primarily because of the ongoing fundamental weakness of the Euro against virtually all other currencies, which goes against the primary logic behind the Miner system. Combining that with the fact that the risk is rather open ended due the stopless nature of the system, which is exposing these accounts to more risk that I now deem appropriate. In light of all this, the Miner system is being discontinued. Under more favourable market conditions this system does work fantastically, the results were nothing but positive from our early experiences with the Miner system. But, just like when you’re buying stocks, the market needs to be headed in the right direction otherwise you are locked into a downward spiral if you didn’t define the exit point in advance (i.e. set a SL).
This month, the Self-Managed Gold account trading the Gold Rush system has obviously done extremely well, with gold recently reaching a new high in excess of $1240/ounce. And it remains very strong in the face of an uncertain and volatile economic environment, having already been the standout performer of the past 12 months, so too is this extremely simple and easy to employ system which is better than 100% correlated in perfomance to the price of gold. This is the account I recommend if you want core long exposure to Gold, as long as you’re willing to take the relatively small investment of time to learn how to employ the system (and, just as importantly, to understand the associated downside risk). However, it’s essentially no riskier than holding the same quantity of physical gold, as long as you remember that any increase in leverage comes with an associated increase in risk.
Going forward, all the new managed-account trading, herein referred to as the Hunter Evolution accounts, will be comprised of exclusively hard-stopped maximum 0.5% risk-limited trades, and with risk:reward objectives consistently in excess of 1:3. The trading system itself is of my own design and will be limited to just the EUR/USD pair, guiding trade entry and exit points using a combination of:
a momentum based trigger entry;
fibonacci levels;
daily highs and lows;
significant moving averages.
Recent detailed study and practical application of the system have so far confirmed profitability for very low risk; but the short term focus for is to establish an ongoing and unbroken track record of this specific methodology. Active marketing will be limited during the near future but any inquiries will be serviced to our usual high standard.
If you have any questions please do feel most welcome to contact us, and we’ll endeavour to get back to you by the next business day.
Sincere Regards,
Adam
Please note that figures above are gross of performance fee where applicable and that due to different account balances and the fact that official results post outs represent an average of all accounts, individual account-to-account performance will vary accordingly. ↩
Sorry about the delay with this month’s report folks.
In addition to refocusing my attention on trading, I’ve primarily been working with our existing clients to provide regular updates during the transition of all
accounts to a strictly-defined hard-stops limited-risk style of trading, henceforth known as the 
Hunter Evolution account. Most existing accounts have been worked back to flat, essentially back to a break-even point or thereabouts. That will allow me to fully deploy this revised trading regime. Some tough decisions are being and have been made, but in short, it’s ultimately all part of moving forward.
This new approach been borne from the desire to provide you with the type of account that:
I’m calling this a new approach, but it’s really not – I’ve actually been writing the code and tracking the system for quite some time, and in fact an EA of this exact trading system is presently in the works. In the end, it’s quite likely that the EA will actually do better than me, because it can tend to accounts for all 24 hours of the day (I’m not capable of sustaining 24 hour days for terribly long), and it will not second guess itself and close trades early (that being a peculiarly human trait).
Of all the accounts and systems that I’ve ever traded, from any the signal services, EA’s or other managed accounts that I’ve ever used or investigated, this new approach has the lowest absolute risk, yet still allows for the possibility of very attractive monthly returns. My studies and observation reveal a high percentage of winning trades at better than 1:1 risk for reward, which is uncommon in most EA systems in my experience. But talk is cheap, which is why I’m not writing this report to convince you of anything. In the end, it’s the results that will count, and let’s not forget that smooth ride goes a long way too. I’ve set the bar at 10% maximum DD, and maximum 0.5% risk trades with TP objectives at around 1.5% on average. With trades placed on most days there’s a potential for 1% or better ROI daily, which is more than enough to alllow for a double digit monthly result.
Normally, at this juncture I’d show you the average returns across the various account types that we offer, but we have no way to generate any sensible numbers in light of the current situation, which will become clearer as you read on. Nonetheless, please do feel very welcome to follow up with a direct inquiry. We’re always delighted to furnish genuine inquiries with live-account statements, read-only access to live-accounts (although they might look a bit ugly right now!) and, of course, to address any concerns you may have.
Since the last results update, the Hunter and Razor accounts have received the attention they required to get all but 3 specific accounts back to flat, with no open running positions. But that has also involved giving back all trading gains made on those accounts so far, give or take some small percentage. So, although both Hunters and Razors did suffer loss and drawdown from their peak balance, it was essentially limited to the previous gains that had already been made – on the whole, at least everyone has their principle back. I’m painfully aware that this is far from an ideal scenario, but it is certainly more desirable than taking a loss.
The remaining Miner accounts are also going through the same process, although I expect that these accounts will suffer an overall loss – primarily because of the ongoing fundamental weakness of the Euro against virtually all other currencies, which goes against the primary logic behind the Miner system. Combining that with the fact that the risk is rather open ended due the stopless nature of the system, which is exposing these accounts to more risk that I now deem appropriate. In light of all this, the Miner system is being discontinued. Under more favourable market conditions this system does work fantastically, the results were nothing but positive from our early experiences with the Miner system. But, just like when you’re buying stocks, the market needs to be headed in the right direction otherwise you are locked into a downward spiral if you didn’t define the exit point in advance (i.e. set a SL).
This month, the Self-Managed Gold account trading the
Gold Rush system has obviously done extremely well, with gold recently reaching a new high in excess of $1240/ounce. And it remains very strong in the face of an uncertain and volatile economic environment, having already been the standout performer of the past 12 months, so too is this extremely simple and easy to employ system which is better than 100% correlated in perfomance to the price of gold. This is the account I recommend if you want core long exposure to Gold, as long as you’re willing to take the relatively small investment of time to learn how to employ the system (and, just as importantly, to understand the associated downside risk). However, it’s essentially no riskier than holding the same quantity of physical gold, as long as you remember that any increase in leverage comes with an associated increase in risk.
Going forward, all the new managed-account trading, herein referred to as the Hunter Evolution accounts, will be comprised of exclusively hard-stopped maximum 0.5% risk-limited trades, and with risk:reward objectives consistently in excess of 1:3. The trading system itself is of my own design and will be limited to just the EUR/USD pair, guiding trade entry and exit points using a combination of:
Recent detailed study and practical application of the system have so far confirmed profitability for very low risk; but the short term focus for
is to establish an ongoing and unbroken track record of this specific methodology. Active marketing will be limited during the near future but any inquiries will be serviced to our usual high standard.
If you have any questions please do feel most welcome to contact us, and we’ll endeavour to get back to you by the next business day.
Sincere Regards,
Adam
Please note that figures above are gross of performance fee where applicable and that due to different account balances and the fact that official results post outs represent an average of all accounts, individual account-to-account performance will vary accordingly. ↩