They say, you reap what you sow. The past trading week wasn’t that good for the investors of the PrivateFX №1 portfolio. Even though, the portfolio was restored by $73,04, or 0,49%, and the dynamics can be seen as still positive, the reason for such humble results is that only one of the 3 parts of the investment portfolio was efficient and doing its job.
One Cannot Do A Three-Man Job
Last week’s market tendency wasn’t something weird. The truth is, the holidays did bring some uncertainty and made some traders stay away from the market over the period. All in all, the Forex market was working as usual, thereby allowing conservative traders to make 1-2% of profit. Why did the PrivateFX №1 investors have to put up with getting just 0.5% over the same period? Once again, that’s because a trader named Paramon happened to be the only one showing some profit. He represents 1/3 of the portfolio. The managers of the remaining 2 accounts included in the investment portfolio showed zero progress.
This leads us to believe that in order to see a profit boost in the future, the following conditions have to be met:
Firstly, the managers need favorable market conditions.
Secondly, Premium-CSV has to be more efficient and active.
And lastly, SmartInvest has to awake from being idle for months and start generating profits as well.
For now, we regret to say that the process of recovering the portfolio from a major drawdown has slowed down. After getting roughly 0,5% of profit, the portfolio still needs 6,44% to be completely restored and enter the green zone again.
Trading Results. July 4,2016 - January 20, 2017:
This is the profitability before the initial withdrawal of profit (July 4,2016 - September 16,2016):
Now let’s take a look at the profitability after the initial withdrawal (since September 16th):
The initial capital was 15000 dollars. It was equally distributed between the 3 mentioned investments:
This is the total profitability of all the traders:
In terms of the total amount of money made since being launched, the accounts can be ranked the following way:
Paramon – 174,94% (172,38%). Capital under management– 765980,13 dollars (504 492,27 dollars)
Rush – 159,35% (162,63%). Capital under management– 1 469 484,75 dollars (1 351 940,51 dollars)
Kuroles – 133,29% (131,24%). Capital under management– 1 418 227,53 dollars (1 214 245,01 dollars)
ARMADA – 119,79% (119,09%). Capital under management– 660 987,53 dollars (359 539,84 dollars)
SmartInvest – 76,83% (76,83%). Capital under management– 233 817,54 dollars (233 690,34 dollars)
The dynamics of how investors add or withdraw funds to the managed accounts can indicate the degree of trust. Keeping in mind this factor, we can list the managers this way:
1. ARMADA (+301 447,69 dollars).
2. Paramon (+261 487,73 dollars).
3. Kuroles (+203 982,9 dollars).
4. Rush (+117 544,24 dollars).
5. SmartInvest (+127,2 dollars).
As of late January 2017, the total amount of money managed by the traders is around $4.5 million. This is a lot of money, which also means that PrivateFX has been trusted by the international community of traders and investors.
