Attached are our net returns for September 2021.
We made changes to the Quobba Strategy. We had two strategies being tested and the 1st one made the initial cut and was the Quobba Strategy. However the 2nd strategy being tested started to tick more of the boxes for us and hence we swapped the 1st strategy out and inserted the 2nd strategy. Therefore you will notice different returns when comparing Quobba from August to September 2021.
All currency pairs have been making large moves. There seems to be a lot of balls in the air at the moment in the financial markets with US debt ceilings, energy issues, China property, lockdowns ending, interest rates etc.
Each of our strategies managed these movements well. For example Red Centre return was 1.18%. Whilst not a high return the bots on this strategy hardly traded for the whole month as it only trades EURUSD. There was constant large news events for the month which cause large movements. The bots operated exactly as they should, do not trade until markets absorb the news. The bots protect the capital first.
Any queries, please do not hesitate to reach out.
