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.
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:
- 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.
- 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.
