time for another monthly performance update for SCQ for the month of December 2018.
SCQ started with a another DD into the month of December which caused it to fall from +38% down to +27%ish but ending up the month on a positive note (+32.5%), managing to reduce the DD down to - 4%ish.
Markets have been a little wild starting Mid December by a free fall in the stock markets which had some knock on effect in terms of "risk on" - "risk off" trading. Volatitlity picked up quite rapidly which was even reinforced by the lower volume at the end of the year. Overall it prob was an ok decision to suspend SCQ from trading the last 3 days of the year.
With regards to some risk mitigation which was requested by some Customers I reduced the position size for the more riskier pairs and closed my trading for this year on SCQ before christmas.
No additions this months.
Results for 2018:
The underlying strategy managed to achieve a performance of 22.5% by a 7% DD (SCQ had 32.5% by 15.5% DD) which would make me a happy camper when achieving this kind of performance every year.
Looking forward to the next year with SCQ achieving an above average performance by relative small DD.
Kind Regards and all the best to you for the year 2019