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Friday, November 16, 2018

RHO trade following on Algomerchant – an amazing journey has come to an end

Dear subscribers,

Today, I would like to formally announce the end of my trade following service collaboration with Algomerchant. I believe this has been the only live trade following service for Singapore stocks.

Thanks for your steadfast support. It has been a fruitful journey and an amazing experience together since we began more than two years ago on 31 March 2016.

We started with virtual capital of SGD$1,000,000 and since then, the portfolio has gained $314,411.62 in realized profit at the time of writing, which translates into 13.19% per annum since inception, compared to 7.92% for the benchmark Straits Times Index (STI).

In the past 6 months, the return of RHO portfolio was positive 4.18%, while STI was negative 13.72%, and over the past 12 months, RHO portfolio was positive 3.42% while STI was negative 9.33%.

My partner Flowseeker has also performed admirably. He started with virtual capital of SGD$100,000 and the portfolio currently has realized profit of $39,333.51. 

If you have any queries, simply get in touch with us via our official feedback form:

Robin Ho

All posts and charts are for educational and illustration purposes only

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