September 2016 Profit Summary
Capital Before Dividend: 74.09 BTC
Capital After Dividend: 74.09 BTC
Total Profit: -6.72 BTC
Divs Paid: 0 NXT
Div/Asset: 0 NXT
Thanks to everyone who purchased more shares of LQD to help rescue the fund. I put it to work right away and we made about 14BTC. Unfortunately, it wasn't quite enough to cover the Sept. 2 16BTC loss as the volume really slowed down the last 2 weeks and was rather weird and not really conducive to clean profitability.
If you look at the summary page: http://liquidtech.info/summary
, you can see that we took smaller losses off and on as the code aggressively closed positions that were overstretched.
Also, you might notice on the trades page that the profit margin has been less for all the trades. I'm trying a slight adjustment to the algorithm that focuses on high volume, low profit margin. It lowers the risk of open trades, frees up capital faster and increases volume. We'll be crossing into the >= 12,000 BTC category on Poloniex, today which will lower our fees from .08%/.16% to 05%/.14% which will increase that profit margin back a little bit and thus profits.
I feel pretty confident right now that we can hit that 15% target this month.
Thanks for your continued support.