Pierstage Capital Management
We are pleased to share our trading results for June 2023
Strategies:
Harmony
Gain +447.93% | -0.76% YTD | 5y 9m
Invincible
Gain +162.32% | +8.84% YTD | 2y 6m
Comment on the current situation:
In 2022, we faced an unfavorable market for our strategy due to the war in Ukraine and economic instability worldwide. As a result, the market became extremely volatile with sharp fluctuations that our strategy was unable to effectively respond to, leading to a significant decrease in annual returns compared to previous years.
However, despite these challenges, the average return over the last 5 years remains high at 46% (2018-2022).
Since the beginning of 2023, we have made the decision to use Invincible instead of Harmony on all of our accounts. This decision was made because Invincible showed significantly higher returns in 2022, which is more adapted to current market conditions.
We are confident that this decision will help us achieve higher results and improve the financial performance of our clients.
Website: https://pierstagecapital.com
MyFXbook: https://www.myfxbook.com/members/Pierstage_CM
We are pleased to share our trading results for June 2023
Strategies:
Harmony
Gain +447.93% | -0.76% YTD | 5y 9m
Invincible
Gain +162.32% | +8.84% YTD | 2y 6m
Comment on the current situation:
In 2022, we faced an unfavorable market for our strategy due to the war in Ukraine and economic instability worldwide. As a result, the market became extremely volatile with sharp fluctuations that our strategy was unable to effectively respond to, leading to a significant decrease in annual returns compared to previous years.
However, despite these challenges, the average return over the last 5 years remains high at 46% (2018-2022).
Since the beginning of 2023, we have made the decision to use Invincible instead of Harmony on all of our accounts. This decision was made because Invincible showed significantly higher returns in 2022, which is more adapted to current market conditions.
We are confident that this decision will help us achieve higher results and improve the financial performance of our clients.
Website: https://pierstagecapital.com
MyFXbook: https://www.myfxbook.com/members/Pierstage_CM