MAM Update: January 11

It’s now been 60 days of running our MAM (Multi-Account Manager).

First of all, we would like to say thanks to all the clients who trusted us with their funds. It’s humbling to see a majority of you sign up for our MAM Service.

As many of you know, the 30 days prior to and after the new year, can have a low volume making trades slower to hit our targets. We do our best to make sure the trades are well managed. The trades are now at a stage where they are well diversified.

Currently, we are focused on the following pairs:

  • Crude Oil
  • USDCAD
  • EURUSD

Here is what some people are saying about their MAM experience so far.
Please note that these are real messages you can find in our community chat.

It’s a solid long term option for those with busy schedules.”

“Yep things looking great this morning, must’ve been a large reversal on some of the active trades.” 

“I will say I was weary at the beginning of you guys but after seeing the new website/platform and going through the process and seeing it’s the real deal plus knowing you are doing everything right from a legal standpoint I’m excited as hell for next year using you guys”

“The PlutusX MAM is doing well this morning. Adding more funds TODAY via crypto. Great job guys!”

“I don’t even know what to say honestly, these returns are actually insane….”

Crude Oil

Crude Oil is a fossil fuel, a naturally occurring mixture of hydrocarbons. It was formed from organic matter – mostly algae and bacteria – trapped deep down in the ground, and exposed to extreme heat and pressure changes over a long period of time. Crude is one of the world’s most in-demand commodities, because it can be separated or refined into various consumer, industrial and energy products.

 

We approached the daily-resistance area on Crude Oil. Downward correction from here is a possibility. Our analysts are keeping a close eye on it.

USDCAD

The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada.

USDCAD is nearing daily support area. Prior to this, we closed a major part of a position in breakeven for this pair. Our objective now is to wait for the price action in the red area to determine our next steps.

EURUSD

EUR/USD is the ticker used to represent the Euro and the US Dollar exchange rate on the forex markets. It is used to ascertain the value of the Euro against the US Dollar, telling traders how many US Dollars are needed to buy one Euro.

EURUSD is preparing a bat pattern, our take profit is at the blue line. Our primary objective right now is to wait and see if our trade idea is correct, and we are currently managing it with safe risk tolerance.

Monthly Return Table

Note: Since January is not completed, the results will change for the month of January as the positions keep evolving.

If you would like to apply for our MAM, click here.

Disclaimer: PlutusX does not provide financial advice and investors are encouraged to consult their personal financial advisors.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes, and may not reflect actual future performance.


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