Once again we’ve come around to that time of month again, even though it seems like only yesterday that I was writing last months report!
Again, the portfolio as a whole achieved a respectable result this past month. Despite a losing month on the Hunters, those with their risk diversified across a range of accounts were again positive overall. This shows the value in applying modern portfolio theory; that it’s recommended for investors to employ a wide range of uncorrelated strategies in their portfolio to maintain a consistent equity curve.
I’m pleased to report that plenty of progress has been made in the back end of the business. We now have three VPS structures, with one dedicated to each specific account type: one for the Miners; one for the Scalpers; and the last for the Hunters – although our Gold accounts share VPS space with the Miners.
The development work for our newest proprietary EA system continues, and I’m not sure that it will ever completely end. That said, we do have one client account running live already – upon his insistance to get it into live trade, no less! So far so good, it’s been in trade for only a short while, and even though it’s not designed to be an extremely high yield system, it’s already in profit and moving forward nicely. There’s virtually zero DD to-date, but then again the market has been kind to the likes of this system just recently. Before it’s released en-masse, I’m refining the system and its settings even further to allow it to operate comfortably on the AUD/NZD pair, as well as the current EUR/CHF pair for more balanced operation in general. I continue to be really excited about this system in particular, which I view as the best long-term automated trading-system for a number of reasons that will soon be revealed. You should expect to receive a detailed overview of the system this month provided I can make the time and no technical hold-ups preclude me from doing so.
Moving on, if you’d like to see further information on any of our current accounts, click on the name of the account below, and as always 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, and of course to address any concerns you may have.
The Miner account performed as expected again, bringing no surprises given the rock-solid predictability of this system. The market did make its typical runs against the system and back again, and has continued to move away from the ideal entry zone on AUD/NZD (which has recently been the most profitable pair) and hence leverage has been reduced. Simultaneously, the market is moving into favour of the EUR/CHF where leverage has been increased accordingly and some recent northbound market spikes were very nicely received in favour of the Miner system on the EUR/CHF pair.
The Hunter account, by comparison, has had a tough month in terms of returns (some accounts did see a realized 5-10% dip) versus maximum drawdown (15-20%). The xxx/JPY pairs did head south this past month and I was not always on the right side of a lot of those moves. The bread and butter AUD/USD and USD/CAD pairs have, however, been very kind to those accounts and continue to be so. The recent GBP weakness is the toughest pill to swallow causing the most grief in the accounts with our short EUR/GBP position. But given time, patience and good money-management, we’ll find ourselves out of that trade.
The Scalper account has again had its ups and downs as is its character. Still we ended positive, taking into account that the last trade of the month changed the outcome from what would have been 5% plus result. I concede that it’s not yet living up to expectations, but still we are, at least, headed in the right direction.
The longer running Managed Gold account performed the best in terms of realized gains this month with some nice northbound moves. Still, I note that gold is struggling to go above US$1000, yet at the same time it gets bought up aggressively on the dips and has maintained its high price – this shows buying support for now at least. It’s tipped to go much higher still, but I’ve learnt not to buy into that sort of hype. If it does indeed go higher, we will of course be on the lookout for long positions, but even if it tanks then that would be fine too.
The Self Managed Gold account again did close a trade this month for a near 5% trade, and just missed out on the US$1025 target by $1 which would have resulted in a near 10% month – after several months of sideways action the gold market finally came to the party with this simple system.
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
Results are calculated based on end of month balance on account/s tracked, excluding management fee of 20% on profits if applicable. ↩
Once again we’ve come around to that time of month again, even though it seems like only yesterday that I was writing last months report!
Again, the portfolio as a whole achieved a respectable result this past month. Despite a losing month on the Hunters, those with their risk diversified across a range of
accounts were again positive overall. This shows the value in applying modern portfolio theory; that it’s recommended for investors to employ a wide range of uncorrelated strategies in their portfolio to maintain a consistent equity curve.
I’m pleased to report that plenty of progress has been made in the back end of the business. We now have three VPS structures, with one dedicated to each specific account type: one for the
Miners; one for the 
Scalpers; and the last for the 
Hunters – although our 
Gold accounts share VPS space with the 
Miners.
The development work for our newest proprietary EA system continues, and I’m not sure that it will ever completely end. That said, we do have one client account running live already – upon his insistance to get it into live trade, no less! So far so good, it’s been in trade for only a short while, and even though it’s not designed to be an extremely high yield system, it’s already in profit and moving forward nicely. There’s virtually zero DD to-date, but then again the market has been kind to the likes of this system just recently. Before it’s released en-masse, I’m refining the system and its settings even further to allow it to operate comfortably on the AUD/NZD pair, as well as the current EUR/CHF pair for more balanced operation in general. I continue to be really excited about this system in particular, which I view as the best long-term automated trading-system for a number of reasons that will soon be revealed. You should expect to receive a detailed overview of the system this month provided I can make the time and no technical hold-ups preclude me from doing so.
Moving on, if you’d like to see further information on any of our current accounts, click on the name of the account below, and as always 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, and of course to address any concerns you may have.
Official September Results:
The
Miner account performed as expected again, bringing no surprises given the rock-solid predictability of this system. The market did make its typical runs against the system and back again, and has continued to move away from the ideal entry zone on AUD/NZD (which has recently been the most profitable pair) and hence leverage has been reduced. Simultaneously, the market is moving into favour of the EUR/CHF where leverage has been increased accordingly and some recent northbound market spikes were very nicely received in favour of the 
Miner system on the EUR/CHF pair.
The
Hunter account, by comparison, has had a tough month in terms of returns (some accounts did see a realized 5-10% dip) versus maximum drawdown (15-20%). The xxx/JPY pairs did head south this past month and I was not always on the right side of a lot of those moves. The bread and butter AUD/USD and USD/CAD pairs have, however, been very kind to those accounts and continue to be so. The recent GBP weakness is the toughest pill to swallow causing the most grief in the accounts with our short EUR/GBP position. But given time, patience and good money-management, we’ll find ourselves out of that trade.
The
Scalper account has again had its ups and downs as is its character. Still we ended positive, taking into account that the last trade of the month changed the outcome from what would have been 5% plus result. I concede that it’s not yet living up to expectations, but still we are, at least, headed in the right direction.
The longer running
Managed Gold account performed the best in terms of realized gains this month with some nice northbound moves. Still, I note that gold is struggling to go above US$1000, yet at the same time it gets bought up aggressively on the dips and has maintained its high price – this shows buying support for now at least. It’s tipped to go much higher still, but I’ve learnt not to buy into that sort of hype. If it does indeed go higher, we will of course be on the lookout for long positions, but even if it tanks then that would be fine too.
The
Self Managed Gold account again did close a trade this month for a near 5% trade, and just missed out on the US$1025 target by $1 which would have resulted in a near 10% month – after several months of sideways action the gold market finally came to the party with this simple system.
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
Results are calculated based on end of month balance on account/s tracked, excluding management fee of 20% on profits if applicable. ↩