Summer 2024 Quarterly Report: Challenge CFD Fund Update and New Developments

There has been a slight delay in delivering this quarter’s report. As is often the case with summer updates, various factors have contributed to this timing.

Fund Performance: The ‘Challenge CFD Fund’ has continued its upward trajectory, albeit at a modest pace. While we haven’t experienced any significant drawdowns, we also haven’t seen substantial gains this quarter. Nevertheless, we’re pleased to report that our fund has maintained its impressive growth, now standing at several thousand percent above our initial $100 investment.

Basel Switzerland

Market Outlook: Current market conditions appear favorable for potentially larger gains. However, our focus has been divided between fund management and exciting new developments in our trading technology.

Project Pegasus: A significant portion of our time and resources has been dedicated to the development of our new trading system, codenamed ‘Pegasus’. As part of this project, we’ve successfully completed a Python component which AI evaluated as an ‘Advanced Trading Analysis Tool’ and ‘a powerful and well-rounded tool for traders and investors’, receiving an impressive 9/10 rating.

The only feature preventing a perfect score is the lack of integration with automated trading systems – an easy capability I have decided not to implement just now.

Future Plans:

  1. Automated Trading Integration: I am exploring the possibility of creating a new challenge on Osetra.vip that allows the Pegasus system to trade automatically and post results in the website. This would represent a significant step forward in showcasing our trading capabilities.
  2. Completion of Current Challenge: Our primary focus remains on successfully concluding the current CFD Fund challenge, which we anticipate will happen either later this year or in early 2025.

Balancing fund management with technological innovation while gazing on the light blue waters of the Med in extreme heat is a job and a half 😆. These advancements aim to enhance our trading strategies and potentially lead to even more impressive returns in the future.

Stay tuned for more updates on both the Challenge CFD Fund and Project Pegasus. As always, Here is a current picture of our Location.

Igoumenitsa Greece

Spring Time – Challenge CFD Performance Review

The initial quarter of the year has been marked by significant activity. Despite the Challenge CFD account more than doubling in value, the outcome has fallen short of expectations. This is primarily attributed to a substantial drawdown, stemming from lapses in diligence, in other words laziness 😆.

Quantitative easing is on the cards in the months ahead , Precious metals and USD index have been reliable winners for our portfolio this time.

Its like shooting fish in a barel however as we lost concentration we shot our ‘feet’ as well as the fish 😂 , lets hope for better results next quarter 🍾 cause we have to hit that measly $100000 target within a year or so hopefully.

A Visit To The City

Yesterday, amidst our engagements in the heart of London and as the evening gracefully rolled on I had the pleasure of capturing some lovely photographs of remnants from Britain’s storied past.

St Paul’s Cathedral

These enduring vestiges spoke volumes of a rich strong heritage one regrettably overshadowed by the challenges of modern London . In the spirit of fostering an appreciation for this bold and art, we are delighted to share them here.

The Railway Pub – Victoria Station
Fleet Street London

Gold Leaf Sandwiches

gold leaf sandwitch

We visited the poor today 😂, to our surprise they were eating sandwiches wrapped in gold apparently in the mistaken belief that they will become worthier 🤡 Because nothing says ‘high-class dining’ like having to check your teeth for gold flakes after a sandwich.

While on the subject of high class, as an aside, I would not be surprised if each sandwitch comes with a free degree …. maybe from Cambridge or Oxford ? I heard of a company (now nearly bankrupt) selling ready made meals wanting entry level management staff with degrees from these two superb Universities, soon the requirement will reach the cleaning staff ranks 🤣