Dukascopy LP PAMM test - Slight profit - Week # 9

Two months have passed since the start of the LP PAMM bill test Dukascopy with real capital of approx. PLN 20. The last article ran smoothly 4 weeks ago and you will find it here. What has changed since then? Details below.

Dukascopy LP PAMM vs volatility

Step back. This is how the last month can be summed up in one sentence. Volatility has entered the market. Major stock indices like DAX or NASDAQ, they've made adjustments, there have been several key returns. This resulted in a month-on-month loss of around 0,3%. The account balance, including the balance of open positions, is PLN 19. Looking only at the closed ones, it is a few zlotys less. Account LP PAMM it is still positive (not counting the deposit costs), but it is a symbolic profit.

Start-up capital: 19 906 zł
Current capital: 19 951 zł
The rate of return: + 0,23 %
The current duration of the investment: 63 days

Below I present a summary of the whole account history with a breakdown for individual days.

Wnioski

The investment itself in the PAMM account carries a low level of risk. However, it proves vulnerable to sharp market returns and increases in market volatility. In the period when the amplitude of fluctuations in the market increased, I quickly noted a relatively strong decline in the value of capital, although of course we are talking about changes of a maximum of 1%.

It is clear that these are not favorable conditions for the strategy and it was necessary to take a step back, and the most desirable market scenario is long consolidation. There is no shortage of those in the Forex market and at this stage we cannot cross out anything.