Last year was marked by many changes in AP and more changes are coming. The year ended with outstanding results for Social Trading and many EA customers too. There were of course customers who took losses too. January started modestly but on a positive note for sure!
SOCIAL TRADING
January is often a month of both low volume and profit in the Forex markets simply because less trading takes place. This opens the door for manipulations and huge price surges though. Many traders don’t even trade in January.
Both FGP01 and FGP05 turned a profit in January – a modest one though and on Startrader FGP05 took a small loss. I am still investigating cause of that. It might have to do with withdrawals/deposits and also with broker fees. Will find out!
All in all Social Trading has showed its potential with last year ending in good profit. Actually did better than most funds out there!
IMPORTANT NOTICE: SOON SOCIAL TRADING LICENSE FEES ARE NO MORE!
Link to FGP05 history.
Although most of FGP01 results have been private, there is Startrader records HERE. Screenshot of 2024 stats.
AUTOMATED TRADING – KRAITOS
Kraitos 4.3 or Kraitos Classic as I like to call it has proved to be a true workhorse. Running since April 2023 on some accounts I have access to, it has weathered everything thrown at it making 40-50% year gains with 20-30 DD levels. January gave 1.5% profit.
Kraitos X came running out the gates but fell flat on its face soon. Many improvements have been implemented since then and the current version is safe to use even with 2k accounts (according to robust backtesting). January gave 2.5% profit with the latest settings.
Kraitos Elite did not start with the right foot either. By now it has gotten significant updates and it shows in the results too. At the moment full effort is put into optimizing it per pair. This will yield higher returns with lower drawdown. I am very excited about Elite!
AUTOMATED TRADING – FLASH & GEARBOX
Flash did 1.84% profit in January. I did allow it to take a few extra positions as it seemed USD had peaked and a reversal was in order. Flash has shown good and stable results on some test accounts too – considering using the Gold London Breakout strategy on a live account. On a demo it has been performing well for a long time now.
Gearbox 3.0 did 3.11% on the new test account I am running. With the last years Dollar rally it became very clear 0.01 per 1k is too risky even for 3.0. Better to run it with 0.01 per 3k.
CRYPTO ADVANTAGE & JOHN WICK SIGNALS
Crypto Advantage has been 100% hedged for some time now. A large part of the open positions has been closed with the help of profits but there is still ways to go. I would like to see CA concluded in 6-12 months. We will see.
John Wick Signals did not do much in January. It a few trades and end result was 10 pips. Lets see how the rest of the year will go.
HOW HAS THE YEAR STARTED?
In short the year started on a slow note but a good one. Some profits were made and some changes to better accommodate customer interests. Kraitos X and Elite were made accessible to all Bronze access pass holders too. The bigger news though is that Social Trading will be FREE meaning there are no more subscription costs. More changes are to come – all to the benefit of customers. Lets make this year the best so far!