| Blackwave |
| In September we officially did not grow the account however those trades carried over into the first week of October creating a 6.06% gain for our funds. Delighted to now be at 33.92% with still eleven weeks to go in 2024.This is where compounding begins to come into it’s own. At a 40% return on investment the account doubles in 1.8 years. This is because the higher balance requires bigger position sizes which in turn grows the account more, thus requiring higher position sizes again. IC Markets appear to have gone through an upheaval in changing their back office systems but have come through the other side. If you are noticing that no trades are taking place in your account let me know as you may need to sign a new LPOA and transfer funds to the new accounts. Thank you!! |