Dear customers,
Here is our first newsletter in which we want to inform you about the results we have achieved and especially the developments around the software.
Result 2023
2023 was a fantastic year! We had a return of 118% YTY (Year To Year):
Source: https://www.myfxbook.com/portfolio/dutchforexinvestments/10089309
Our software has held up very well in 2023, even with the many events such as the banking crisis, inflation, the war between Russia and Ukraine and later also a lot of turmoil in the world which has a lot of influence on the financial world. The results of the software were very positive every month, with the exception of the last day of the year. This resulted in a minimal loss of -4.6% over the entire month of December.
Winterstop
Experience has shown that there are often high risks around the holidays, which is why we choose to pause the software for two trading weeks every year around Christmas and New Year’s Eve. We adhere to software management and will continue to do so in the future.
We have also completely revamped the website, an extensive FAQ and made changes to the software.
Change of trading pairs
In January 2023, we stopped trading JPY due to currency turmoil. This has been a good choice. As a result, the returns of the software were slightly lower, compared to 2022, as only 3 pairs were still live: AUD/USD, EUR/USD and USD/CAD. Since September 2023, we have added EUR/GBP to the software and the software’s yield has increased by 2-3% per month.
A trading pair is a peg of two different currencies in order to determine their value relative to each other. USD= Dollar, EUR= Euro, AUD= Australian Dollar, CAD= Canadian Dollar, JPY= Japanese Yen, GBP= British Pound
Risks
What exactly are the risks for our software? The highest drawdown of the software measured over 2023 is 17.93%. Drawdown is the retracement of the profit curve from the previous maximum to the minimum over a period of time. In the event of a drawdown of 30%*, the stop loss is triggered. This means that the chance of a stop loss in 2023 has not been very high, just over 50%.
*The percentage may vary in reality due to sometimes very fast movements in the market, unforeseen events such as market closures or broker delays.
