January Update

Education, OTC & MAM

The period post-holidays and beginning of the new year tend to be slower months. However, we still prepared a little treat for you. Find out more in our January update!


Financial Literacy Course

As already announced, we created a Financial Literacy course that is set out to give you the tools and education you need to gain wealth by optimizing your finances and learning what it takes to create financial prosperity. The course consists of 4 phases, which were created in chronological order to help foster and cultivate healthy financial habits. The program was built using neurological science and behavioral psychology to help break old, often bad habits and replace them with positive habits that will assist in reaching goals even sooner.

During the  4 phases, where each requires a certain amount of time invested and practiced, you’ll start from analyzing and optimizing your current balance, savings and investments, through debt tackling, planning your investments, to eventually even creating your own second stream of income.

Due to the amount needed to master each phase, we are first launching Phase One, and the other phases will be launched in the following weeks. 

Phase One launch date: February 10th, 2020

Price: One-time fee of $15 for phase one.
Entry cost will increase to $99 once phase two launches.

OTC

We are waiting for one final document to arrive from the secretary of state before we can complete this first phase of the comment period. The remaining steps required to get the shell current should be a more frictionless process as we should only be dealing with the OTC directly, moving forward. We are aiming for the completion of phase one of commenting with OTC in February contingent on 3rd parties timeliness.

MAM (Multi-Account Manager)

First of all, we would like to welcome all of our new clients. We are excited and grateful to have you with us and can’t wait to serve you at our highest level.

In order to give our community more transparency and education, we have changed the way we deliver our MAM Updates. Moving forward, our updates (including this one) will be more in-depth giving our community more information.

If you’d like to be the first to receive this information and get access to more trade updates, join our Telegram Channel here.

We’ve implemented a few new content types with the goal of educating our clients about the trades we are taking and how we look at the market. Here are some of the content types we’ve added to our MAM Updates:

  • Weekly trade recaps (video)
  • Weekly forecasts (video)
  • Weekly portfolio updates (available on our MAM channel)

January Overview

Generally speaking, based on our experience over the years, January has been a slower month. Traders are returning to their work and the markets are setting up for the year. Overall across the board, there have been a lot of fundamental news events impacting some trading pairs – sometimes in our favor and sometimes not.

Our team is taking risk management very seriously and wants to protect the capital of our investors at all times. We haven’t suffered any major losses this month because of our risk model and will continue to follow this strategy.

This first month of the year, we closed it at -1.3%. You will find more stats further down this post.

We look forward to the next 11 months as we assess our past trades and future forecast.

Portfolio Stats

Total January return: -1.3%

Note: Please keep in mind that this number is not an accurate reflection of individual sub-accounts. The numbers will vary based on the date and time a client has fully activated their account.

Past results do not guarantee future results. 

Week over Week

Date

Change (%)

2020-01-03

+1.00%

2020-01-10

+2.80%

2020-01-17

-0.40%

2020-01-24

-0.20%

2020-01-31

-4.5%

Closed Trades

142

Long Trades 

87

Short Trades

55

Avg Trade Duration

4 days

Winning Trades

59

Losing Trades

81

Breakeven Trades

2

Max Drawdown

6.0%

Max Runup

5.2%

Trade Recaps

January 5th – 10th

https://youtu.be/BozwZUS2QNE

January 13th – 17th

https://youtu.be/iPQinmt-UaQ

(For more trade recap videos join us on Telegram here)


Suggestions?

We are building PlutusX with you, the members, in mind. We embrace and encourage feedback or suggestions. Please email us here or find us in our community chat.

(Please do NOT make assumptions about our unannounced OTC ticker but simply do your due diligence and use the information that’s available)

ANY QUESTIONS RELATING TO PRIVATE OR “INSIDER TRADING” WILL BE IMMEDIATELY DISREGARDED.


To stay up-to-date with our progress, and to send us feedback or suggestions, join our community chat here.

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