After a nasty drop last Friday, most indices across the world are up this week. The two Cambridge teams have once again recorded some fantastic numbers.
September 22, 2021
This has actually been a pretty good week for stocks all round. After a nasty drop last Friday, most indices across the world are up this week. In fact, we’ve pretty much seen a reverse of last week. The Nikkei which lost 3% has made all of that back; the Dow Jones leads the way in the US with a similar return of 3.31%.
The story that we don’t see in these numbers is the volatility in-between, and how it was handled by our traders. Most have been on the right side of the market which is great, but a couple managed winners on both the short and the long side. The two Cambridge teams have once again recorded some fantastic numbers.
Cambridge Futures went in early on Monday morning, before the FTSE opened, and managed to get a cracking price. They held the trade for 2 days before liquidating with more than 6% profit. Since then the FTSE has moved little, but they are no doubt waiting for their next opportunity.
Cambridge FX went short the CAC last Thursday making a good return as that plummeted on Friday. They left the trade open over the weekend but covered early Monday morning when they switched their position to a long. This meant they enjoyed the move in both directions and managed a total return of 8% for their autotraders this week.
Well done to both of these trading teams once again. It’s easy to see why these are two of our most popular strategies. If you haven’t already subscribed, then you can do so on our website here.
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Have a great weekend.
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