Been a while since I posted, some good, some bad since I last wrote.
Today Apogee (formerly Y) had an 8% up day, he's been telling us his technology was finally fixed as of earlier this week. After a day like that I tend to believe him. Great to see. Sebastian I consider a more institutional manager as he has traded for banks in the past, is having a great month, up around 7% net to date. Terrific to see, and glad to have him back. On the downside, QV got caught in an unplanned Spanish news announcement and lost 2.5%, then reversed at the top of the move and lost the max we allowed in one day, 5%. Happened a few days ago. Do not like to see that. We have changed the max drawdown to 3% and he is working on his discipline and following his rules. We'll see how he does going forward, I still think he's very talented as a trader. He is also going to cut his losers at the same prices and is gradually going to work on stretching his winners.
Adjuhan Managed FX- Up nicely at ODL/FXCM. Down a few percent at PFG, and down about 6% at DBFX.
Calypso1 Managed Forex Program- Positive, up around 0.6% on the month.
QV FX Manager- See above, off about 2.5% on the month to date.
Sebastian Managed Forex- doing great, glad to have him back.
GTA- Flat on the month, nice streak he is on. Flat on the month. Has doubled his assets recently and is looking to be an institutional quality operation.
Coral- Up 0.44 last month, doing well this month I'm told.
Broadbeach- Had a small winner at Cantor.
MSI- Not much action
Marek- Flattish
Andrej All- Has been clawing back steadily, nearly back to even.
Apogee/Y- Was bumping along until today, up 8%. We are ok with volatility as long as it is upside volatility. He seems to keep the downside tight and let's the upside run (after today). Has his technology dialed in again he tells us.
International- Doing great, to new highs this month.
Calypso2 Hedge - Was doing great, now off around 3% for us, don't like to see that. Holds positions for a long time, few days, takes some getting used to.
Ray- Haven't looked, probably making money.
Remember past performance is not necessarily indicative of future results.
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