Weekly manager performance overview
As promised, we are starting a weekly coverage of the front statistics of the platform, mainly it’s to showcase the managers and how they’re performing. In such articles, we will look to cover the current top-5 weekly gainers, as well as the managers that have suffered the most significant losses. However, the situation might change quickly and tables might turn. First up we will start with the top 5 most profitable investment programs this week at the time of writing this article and this time all of them are represented by forex programs.
Number 5: Fdelca Trading FX by Fdelka
This second-level Forex investment program has a reporting period of a month and has just finished its first week which has turned out to be quite profitable, resulting in almost 25% profit and 15.7% drawdown. The program does not currently have any investors, but that might change depending on its performance in the following weeks, so we will be keeping an eye to see if it is still up in the top-5 next week. The total increase this month was almost 40%
Manager describes his program as “Discretionary day trading” and it is a form of decision-based trading where the trader decides which trades to make based on current market conditions, in contrary to rule-based trading where the system decides to make the trades regardless of the market conditions.
Number 4: ARK Invest — FOREX by ARKInvest
Despite having a bit of a rough last month, where the drawdown has reached a critical 92%, this level 4 program has rebounded and started this monthly reporting period with a fairly profitable week, resulting in 26% of the profit.
The program has 90 investors and plenty of available space, so we hope that next week we will see it even higher in our top-5.
Number 3: AccorForex v2 by matadrox
This investment program has a three month long reporting period and fittingly has a third level. The program has been running for a month already and despite the results of this week being an almost 29% increase, in reality, the program has shown a result of -56% over the course of the month. Only time will tell whether the results of this week are a sign of a rebound or just a short term streak of luck, but we will be keeping an eye on this program.
Number 2: black by chamchoun
The first and only program in our top that has a reporting period of a week and with only three days left it seems that 31 of its investors will receive their profit, because of the 33% increase over the course of the week. This investment program is also the most hardworking one, managing to pull off almost one thousand total trades.
Number 1: ARK Invest — FX by ARKInvest
The number one most profitable investment program this week with almost 34% of profit is the second investment program from the same manager ARKInvest. This three-month-long program has only recently started and such weekly profit is a great start to a period. Of course, there is still a long way to go, but a nice start of a reporting period gives a manager a nice play and he can allow a bit more drawback in his/her trading endeavours.
The worst performing trading programs this week were serthan2 by serthan and Riverwood — 100x by Riverwood capital which had shown 52 and 31% respectively. The monthly performance of those programs shows an even bigger decline. Still, everything can change in the blink of an eye and we would be happy to see these programs reclaim their success.
And before we say goodbye, here are the top-5 best-performing GV Funds at the moment:
Thank you for tuning in! We finally have some news to share with you at the beginning of next week and we will most definitely tune in next Friday to see what changed in the performance realm of Genesis Vision.
Have a great weekend, Visioners!
