April 2023 Net Returns

Please find attached the net returns for April 2023.

April was a pretty boring month for trading.  Had 5 weekends so no trading, Easter so a lot of traders taking a break (including myself) and little movements in currencies.  Hence returns are down this month as probably had 12 real trading days in total.

The strategies performed as they should with some strategies being very quiet as their conditions for trade were not met.  This can be put down to low liquidity in the market.

It is important to spread capital across different strategies as each will have their time in the sun.

Any queries, please do not hesitate to reach out.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.