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Iceberg Investments ICB Darwin

"THIS RACE IS NOT FOR THE SWIFT…BUT FOR THOSE WHO CAN ENDURE THE MADNESS OF MEN"

Introduction
A self taught speculator driven by pure passion seeking to decipher market movements with a hybrid discretionery + algorithmic approach in the pursuit of the holy grail with a dynamic multi currency strategy portfolio trading G8 majors + crosses, GOLD & OIL.

The role of the portfolio manager focuses on the management of the forecasted price movement and concluding a biased opinion on the direction of the currency exchange rate movements to capitalize on these oppurtunities as they present themselves in realtime market conditions. Positioning of capital is critical for the potential to return positive capital gains as well as taking the necessary measures to minimize the risks involved and avoid significant loss of capital in the event of any inverse market reactions. The final aim is centered around the ability to produce consistent positive returns for our investors with an uncorrelated performance to other asset classes.

The Gift & The Curse
We believe that our edge lies in the ever evolving blend of experience and skill backed by trade data statistics making it possible to forecast with a measure of probability the outcome of our future transactions in the market. As with all investment there is significant risk involved; the role of the fund manager includes mitigation of risk exposure to investment capital while continously working to position the investment portfolio to capitalize on market movements with focus on optimal risk adjusted returns and survival/robustness as we tread through varying market conditions and cycles.

Strengths
Our strength is expressed in the ability to maintain positive expectancy by keeping average losses lower than average profits and proactively keeping the portfolio in sync with markets to realize an absolute gain on investment capital.

Weaknesses
Our weaknesses encompasses response and adjustment to market volatility, economic releases, time factor decay on the value of holding assets, market crashes, and all other unforseen factors which are present in every market environment. However for what can be quantified capital preservation remains priority and mitigation measures are in place to be actively deployed as the situation arises to minimize risk and possibly capitalize on some of these anamolies which will inevitably occur.

Iceberg Investments ICB Darwin

Strategy Parameters

Traded Assets: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD, GOLD, OIL
Risk Management: Stoploss order, Hedging
Market Approach: Dynamic Trend Discovery
Position Management: Fixed lot size
Trade Style: Discretionery Intraday/Momentum/Swing
Analysis Method: Technical & Proprietary/Algo
Trade Execution: Hybrid (Manual/Automated)
No Grid. No Scalping. No Martingale.

Iceberg Investments ICB Darwin Facebook Page

FX Specialist on Twitter
FX Specialist on Instagram

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After much trial and tribulation we turn a new chapter along our trader journey with the inception of Iceberg Investments Fund on Darwinex Exchange set to go public in October 2017. So far we’re off to a rough start with a -2% loss on underlying strategy for our first month of trading Sept 2017.

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After some short review we have opted not to keep the “no weekend positions” as a parameter going forward which is easier from a management perspective in some way when you can start the week with a clean slate but although it may not be that often there will be situations with good entry taken and strong trend develops we will hold the trade over the weekend in anticipation of trend continuation over the course of the following week. We also know that our strategy has weakness of low win rate but is hinged on the strength of being able to take small losers and allow winners to run. However we still take into consideration effect of the weekend gap which usually occurs and the risk exposure to holding weekend positions.

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Did some editing to the strategy parameters and removed some of the figures/stats which were already accessible via the underlying strategy profile in an attempt to avoid transparency concerns.
Eg.
One of the reasons being on a particular day we had indeed exceeded the previously stated -1% max loss limit per day but had some positive open equity/positions which were closed before the end of day to bring it back to less than the -1% max loss limit per day. However the max loss per day was still recorded as exceeding the previously stated figure (not saying that the way it’s calculated is wrong or anything) but just to avoid or reduce any discrepancies going further I will let all the figures/stats be derived from the profile page.

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Unfortunately we seem to struggle internally as there have been a few trade accounts opened that have never been able to launch a DARWIN after a noticeable breakdown of discipline…Classical self sabotage looking back at it…some how we just find a way to mess up very promising track record.

This week in particular we have blown past the daily max loss limit and run up almost 10 successive trades per instrument which is not normal so we know something is wrong. From experience we know that most of the time we get into this spiral it doesn’t have much to do with the markets but with self.

We know all to well what must be done…We shall return to the labs for a short retreat to finally release our first DARWIN to the world and unleash the greatness within…Maybe it is this which is our deepest fear? And if it truly is…then there must come a time to face these fears!

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Update: I’ve edited strategy parameters to include hedging going forward and also to focus on discretionery trend following. Trade execution is now hybrid depending on trade scenario.

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Update: Links to new underlying strategy have been updated after messing up…let’s hope we can keep it together to launch our 1st DARWIN next month after multiple failed attempts.

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Struggling to keep a +3% gain for October with the revised parameters which seem to be working in my favour. We may be holding some positions over the weekend after accessing the risk exposure later today.

Highlight of the day: Explosive 150+ pip move today with in the money stop at about +100 pips profit locked in.

Update: Going forward max negative excusions per trade will be reduced and there will also be an increase in trade activity as well.

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This portal is about to become abit more active as we go about making it into the primary source of communication for Iceberg Investments; secondary sources will be synced accordingly:

Iceberg Investments Facebook Page

FX Specialist on Twitter .

Went through the stress of getting us back to previous high of +3% with some hyped up trade activity and a bit of lost sleep and lucky for us it paid out…:sunglasses:

The weekend position dilemna has been resolved to some extent and its confirmed that we will be holding positions over the weekend.

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A delayed update coming out of the “weekend position dilemna” with a contrary decision during US session on Friday to pull everything off the shelf that we had intended to hold over the weekend…Had some volatility creep in on AUD and NZD which I wasn’t anticipating so we’re gonna be starting off on a clean slate next week

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Currently holding +1% gains so far with no recoup of losses in sight this week and the Investible Attributes have been calculated today as well with some insight on our past performance.

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Weekend update: Still struggling to keep that +1% gain having lost significant ground from +3% peak this month.

Just glancing at the Investable Attributes this weekend I noticed an increase in Ra and a decrease in Mc and Pf. Also looking forward to see what Cp is going to be like? Mostly positively skewed behavioural statistics and let’s hope we can keep it that way

We’re also currently holding 2 positions over the weekend…Quite an active week with no profit to show for it :disappointed:

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We couldn’t keep the gains of a lil over +3% for last month and had to settle for a monthly return of -0.09% for October 2017. Let’s how November treats us going forward…and we’re anxiously looking forward to get “DARWINIZED” this month.

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Weekend update and we can’t really complain about this week’s trade activity despite being a bit tied up tending to some other matters; so staying in sync with markets was a lil tough. Breaking previous historical monthly peak of +3% gains and with new all time highs of +4% gains this week. Noticed the following changes in the IA’s from the last update: decreased R+ ,increase in Ra + Pf.
Drawdown (since inception) and the lowest trough on return graph which apparently takes into account open position equity tell a different story. So without looking at the return graph we would expect to see that -4% DD reflected somewhere on the return graph?
There might be different opinions as it pertains to which should be displayed which i think in all fairness both DD calculations have their place but for representation purposes and to avoid discrepancy the Drawdown (since inception) should be reflected in the return chart or vice versa as I think the one displayed on the return chart is more accurate as it takes into account open equity.
Might as well open up a can of worms while I’m at it :smirk: … Now I can see an issue with the risk/reward filter since it uses the calculation that doesn’t factor in the account’s open equity. :expressionless::confused:

We look forward to having a positive final quarter…whoorah!!!

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Here’s what we’re working with this week…Noticed an improved Pf and a decrease in R+ while Ex and Cs are struggling to keep up. Looking forward to see a bigger improvement in Ra going forward as well.

A more in depth look at the evolution of Investible Attributes & D Score so far…

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It has been a tough week but we keep chugging along fueled by a nice improvement in Pf and Ra (Will feel a lil more comfortable when it’s in the green). Wrapping up to hit the markets again next week with some interesting scenarios. TGIF :grinning:

A sneak peek at the current risk statistics

Spider Chart of D Score and Investable Attributes

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good!
good luck, your are in good direction.
OldSchool

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Thanks for the luck…I will need all i can get! The markets can be merciless sometimes in the most desperate times and drive even the best of us into a deathening spiral of insanity. We will continue to strive for greatness and push the boundaries to achieve optimal risk adjusted returns and take Darwinex and the community to it’s rightful place in the fintech industry.

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:relieved: We had a safe landing :airplane: today coming in heavy with more than 10 weekend positions and having a look at Ra details while things are still calm coming into Asian market session

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A couple developments the most important being that “DAWINIZATION” is imminent and scheduled for sometime next week with some editing on the community forum and facebook page in anticipation to reflect that. :grin:

One of the highlights for this week going long on EURUSD and riding out a nice bull rally for about 200+ pips profit with in the money stops…

Things in IA world are starting to shape up as we move forward with a D Score just barely passing 10 (got a long way to go) and currently holding about +6% gains as we speak surpassing my monthly gain target so I’m happy :grinning:

Things are going to get exciting next week as I am really eager to see what Cp is recommended and also want to get some feedback on the monthly divergence figures

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