IGOE X Copy Trading Performance Update - JUNE '23 Month End

IGOE X Copy Trading Performance Update - JUNE '23 Month End

JUNE: ANOTHER STRONG MONTH!

It was another good month for the IGOE X copy service - up a further +12.44% gross realised profits, with the service up +23.05% since inception just over 10 weeks ago! AUM (Assets Under Management) numbers were also up a further +33%.

In this article I'm going to briefly cover the trading results for June and give you a breakdown of some of the key performance statistics.

FYI: There will also be a free monthly Livestream session analysing trading performance and giving you the chance to ask me any questions you like about the service both for current and potential investors. The next session will be held on Monday 10th July at 7PM GMT on my YouTube channel: @thestophunter (details to join below).

THE TRADING LANDSCAPE:

June was a more volatile month with indecision around what to do with interest rates and inflation still hanging over the global economy. In the US they took a pause on increasing rates but the UK surprised everyone by increasing by 0.5bps. Canada and Australia both increased whilst China cut back. China economic data still remained poor and only intensified concerns around demand in many markets eg oil, copper etc and the general health of the global economy.

In terms of stocks, the tech boom driven by AI slowed somewhat in June as traders locked in profits or decided to take a break and sit on the sidelines due to this perceived global uncertainty. Positive industry sectors for June were Transportation and Building. Weakest - Medical, Biotech, Cannabis. The Nasdaq 100 still remained by far the strongest performing stock market of 2023 so far.

Japan continued to surprise with the Nikkei 225 hitting record highs, helped by an influx of value investors and a cheap Yen.

In commodities, Oil (WTI) remains in a wide range and Gold weakened.

Cryptos journey still remains a bumby one, but a small glimmer of light for the bulls as Bitcoin went through the 30,000 level once more.

IGOE X TRADING PERFORMANCE:

June in terms of results remained consistent and positive and continued the good start to the IGOE X copy trading service with the service up overall over +20% in just a very short period of time.

"+12.44% ROI in June"

In terms of the basic stats, these are the takeaway numbers:

  • Overall Daily Sharpe return ratio: 10.35
  • ROI 12.44% June (23.05% Overall)
  • Av Win Rate June = 98% (Overall 95%)
  • No of trades June = 900 (Overall 1646 )
  • Av trades per day June = 41 (Overall av. 32)
  • Winning days June = 82% (Overall av. 84%)
  • Av VaR utilisation June = 77% (Overall av. 72%)
  • Overall Profit Factor June = 2.50 (Overall = 1.98)

Some graphics to illustrate performance:

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IGOE X traded 5 sectors: Stocks (UK, US), Indices, Commodities, Forex broken down to 91 individual markets.

Best Trades Top 10:

  1. Tesla
  2. Amazon
  3. Nikkei 225
  4. USDJPY
  5. Netflix
  6. Nvidia
  7. Aston Martin
  8. Meta
  9. Palantir
  10. WTI Crude Oil

Worst Trades Bottom 5:

  1. Carnival UK
  2. 3i
  3. Ocado
  4. Sirius XM
  5. Target

Bring on July!!

FIND OUT MORE:

If you are interested in finding out more or want to join the service, I've put together an overview video on my YouTube channel (@thestophunter) of the copy trading service that will explain how it works, the benefits, fees, results, expectations etc. Here is the link to that video:


If the service is of interest to you, then I have also put together a step by step video guide to getting set up and will steer you through the very straightforward process.

You can access that video here:


MONTHLY INVESTOR LIVESTREAM EVENT:

The session on my YouTube channel is totally free and accessible to anyone interested in joining or is already an investor in IGOE X. The session lasts about an hour and after me revieving whats been going on and how I see things shaping up, it then becomes an open platform for you to ask me what you want!

JOINING DETAILS:?

Monday 10th July at 7PM GMT on my YouTube channel: @thestophunter

Link: https://youtube.com/live/EKxUiZZK34Q?feature=share

DONT FORGET TO SUBSCRIBE TO THE STOP HUNTER YouTube channel to receive updates and notifications of future events!

https://www.youtube.com/c/TheStopHunter

If you have any further questions then please do get in touch by emailing me at: [email protected]

I look forward to seeing you in the copy trading service!

Regards

Stephen

CEO & Trader

Express Rupya

Promoter Founder Owner at Express Rupya

1 年

Impressive performance update for IGOE X Copy Trading, with a +12.44% ROI in June and +23.05% since inception just 10 weeks ago. Exciting opportunity to join and benefit from their success.

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