SIFT

Smart Investment Fund Token

Smart Blockchain Trading and Managed Investment Portfolio

Daily Trading Update


You can always keep up to date with the latest crypto trades at http://reports.smartift.com/ which is updated whenever trades close. For forex and CFD trades please look at our MyFxBook page which is updated every 30-minutes and displayed independently by a third party.

May 24th 4:01 GMT

Trades are open. Automation is currently disabled. Due to the way the automation runs I disabled it from trading overnight as there is a chance a short could trigger and after a significant move down this is less than ideal, even if it ends up being okay as it was today, it's risky. As of yet, no sign of strength coming in on BTC. We did get a strength indication on ETH and a small long position was opened. I will be out most of tomorrow for my oldest daughters graduation ceremony and party. I will have phone and will be checking in. As always let us know if you have any questions in the channel. A note regarding the exchange. Zapple for those that didn't know now has 2fa enabled so we recommend turning that on and let us know if you have any issues or questions.

May 23rd 3:28 GMT

Automation system is running and trades have been opened and closed. This is a combined update for yesterday and today. I mentioned in the channel that my main machine was taking an exceptionally long time with a windows update so I did an informal update in the channel. The automation system is now more closely matching what I see but there are still some questions about time frames which I mentioned in the channel and I would like to look at a bit further. Nothing that keeps us from opening or closing trades just some things we can do possibly to get in earlier. We had a number of short indications and trades and after a fairly solid move down we got some strength indications which I had reservations about. I turned the bot off as a precaution even though it did ultimately work out. I am waiting for a strength on a time frame that has been fairly accurate but thus far it has not materialized so the outlook is still short. If you have any questions please put them in the channel and I can help.

May 19th 3:24 GMT

Automation system is running and trades have been opened and closed. We are investigating some trade selection issues as far as back test vs. real world trading goes. We have disabled the shorter term method until we can verify the directions are established correctly in the first place as something seems off somewhere. Visually using my own system the trades were opposite to what the automation was taking and I am trying to reconcile why. There are a number of differences in terms of the systems and data the automation uses based on back testing vs. what I look at so it's likely just a matter of adjusting the live systems to more closely match what makes sense to me logically. If you have any questions please put them in the channel and I can help.

May 18th 3:24 GMT

Automation system is running and trades have been opened and closed. Some connection issues on some earlier entries caused the system to stay in long because it didn't get the change from the system and as a result didn't get the corresponding short entry. The system itself signaled fairly perfectly which is great. We'll need to work out a way to force it to stay connected. It may just have been a one off anomaly as Guy just said there was an update to a machine and the automation system failed to reconnect. Whatever it was we'll work it out. I posted some screenshots and discussed the issue in the channel earlier today if anyone wants to take a look. I was out for a bit last night, today and will be tomorrow as well. If anyone has any questions please feel free to raise them in the channel and I'll check in the morning.

May 17th 6:13 GMT

Automation is running and trades have been opened. Forgive the late update was out for a bit this evening watching the end of year orchestra concert at the kids school. Check the links above for reports. If you have any questions please let us know in the channel.

May 16th 4:41 GMT

Automation is running and trades have been opened. No trades have been closed as of yet but this is normal as the system can hold positions over many days as I mentioned in the channel. If you have any questions please let us know in the channel.

May 15th 3:02 GMT

Automation issues have been worked out for now and is set to resume using the new system later today/tomorrow. The method used as a work around for the advisor system wonkiness returns 19% on average per month. Testing will continues on some other shorter term trade setups that employ the same system but applied to signals on shorter time frames. This should provide decent results each day as well as the longer term moves it will capture. Forex automation is the next major thing to be done trading wise so we'll still need to correct the advisor system but it will take significantly less time to correct as it does not require regenerating the data each time a change is made. Manual Forex trading will begin again in the mean time now that I can focus on trading rather than optimizing and testing. If anyone has any questions please let us know in the channel.

May 12th 5:13 GMT

Crypto automation was live and taking trades for part of the day but was disabled later in the day as there was an issue. It should be resolved. Trades will still be a bit wonky while I finalise some workarounds to the advisor systems issue which will allow us to not rely on them entirely instead of waiting until those issues are fully resolved. I went into detail in the channel about what is happening so take a look there to get up to speed. For closed trades results, check the report links above to follow along with trades that are closed and open throughout the day on crypto as well as forex. I had some family stuff to attend to most of today which is why the report is slightly later than normal. If anyone has any questions feel free to contact us in the channel. Have a great weekend.

May 11th 4:27 GMT

Crypto automation is live and taking trades. Check the report links above to follow along with trades that are closed and open throughout the day on crypto as well as forex. Please note: While we are testing the automated systems the per coin limit is 10K and the percentages are based on that. Its still slightly wonky donkey but it's running and we are adjusting as we go for now. I have built a system/method that should keep the bot on track during volatile moves, and should also be able to capture much larger moves fairly risk free (Read draw down) This will work especially well on coins we can go both long and short but will be lopsided on some (just longs). If you have any questions please feel free to message us in the channel.

May 10th 4:06 GMT

Crypto automation is live and taking trades.

May 9th 4:53 GMT

No forex trades were closed today. Crypto automation is live and taking trades. It's still slightly wonky donky but it's running and we are adjusting as we go for now. If you have any questions please feel free to message us in the channel.

May 8th 3:47 GMT

No trades were closed today. Automation has been paused temporarily while we work out some last minute optimizations. I expect we'll restart it in the next day or so.

May 5th 19:45 GMT

Automation has been paused temporarily whilst we evaluate the last day of trade data. All yesterday's live trades are now listed at the reporting site and these include $3622.37 of profit from closed position building trades.

May 5th 3:42 GMT

No trades were closed in Forex today. The automation systems were live for a time and opened and closed trades both live, and some demo. We ran some forward testing while we work out a few remaining issues with the advisor system I mentioned yesterday. Position building trades were closed as well. Guy is going to sort through it all tomorrow and update here. Automation for now is forward testing and once this remaining bit is worked out we can run it live again. If anyone has any questions please let us know in the channel.

May 4th 4:31 GMT

No trades were closed today. The automation systems were turned on earlier today and trades are open. I am happy with the signals for the most part but the advisor system seems off still. I am going to leave it running as it did fine in testing but will try to get that ironed out if needed tomorrow. Some of the trades it opened still look wonky but we'll see. As always if you have any questions please contact me in the channel.

May 3rd 4:26 GMT

No trades were closed today. We are likely on the last round of corrections for automation to begin again which will be fantastic. I'll post news as it gets ready to the channel and as always if you have any questions please let us know.

May 2nd 4:38 GMT

No trades were closed today. I anticipate being able to restart the automation system again this week. A last batch of changes/corrections were sent over. If anyone has any questions please feel free to message me in the channel.

May 1st 5:18 GMT

No trades were closed today. We are likely just a few days from wrapping up the corrections to the systems and turning the automation back on.

April 27th 3:41 GMT

Some light trading was done today while still fine tuning corrections and testing. We had a profit of $569.28 (after-tax $461.11) The automation system is disabled while we work to fix the issues with the logic modules and advisory systems. I am testing corrections. If you have any questions please feel free to ask in the channel and I can help.

April 26th 5:12 GMT

Some small trades were closed today on Forex for a small profit $209.38. As you know from previous reports, the automation system is disabled until we can fix the issues with the logic modules and advisory systems. I forwarded a list to Guy yesterday and I am testing corrections I got from Guy earlier today. If you have any questions please feel free to ask in the channel and I can help.

April 25th 4:46 GMT

Trades were closed today on Forex for a profit of $1843.15 (After-tax $1,492.95) Trades are open off daily as well which should close overnight at targets. As you know from previous reports, the automation system is disabled until we can fix the issues with the logic modules and advisory systems. I forwarded corrections to Guy and we should see that fixed up fairly quickly. If you have any questions please feel free to ask in the channel and I can help.

April 24th 3:53 GMT

Trades were closed today on Forex for a profit of $1023.07 (After-tax $828.68). The automation system is disabled so no crypto trades were opened or closed while I pinpoint the issues with trade selection. The trading this month was extremely light as you might have guessed from the reports. I spent much of the month trying to match up the systems as I have mentioned in the reports and the channel. I have a list of the actual logic for the signals and advisory systems in version 5 and I am working on ensuring they are correct. We have found some issues with some signals, so I wanted to make sure everything is correct. I don't think will take very long and once done we can get the automation enabled and trading every day. If you have any questions please feel free to ask in the channel and I can help.

April 21th 4:22 GMT

No trades were closed today on Forex. The automation system is live and opened and closed trades today. The report is delayed as I was feeling a bit under the weather last night. I posted a brief report into the channel last night and have repasted here for anyone that might have missed it. "Feeling a bit under the weather this evening so hitting the sack early. I'll do the daily report tomorrow but quickly... No trades on forex today (Friday). Automation closed and opened trades. There was a pretty serious issue with trade selection so I closed it for part of today. We had some really decent moves that it did catch but was in the wrong way on some due to the issue reported earlier in here. I'll start it up again in the AM so I can monitor it as it goes. Report will be Tomorrow but nothing to report just yet anyway though. Have a great night/day guys and if anyone has any questions please pop them in."

April 20th 4:22 GMT

Trades were closed today on Forex for a profit of $1528.12 (After-tax $1237.77) The automation system is live and opened and closed trades today. I continued today to try to define differences in the automation system as we match up the two versions (Mine and Automation). There are trades that are open in both Forex and automation are signal to signal trades that can be open for an hour at a minimum, or longer depending on time frame, signals, and targets. The bot closed trades thus far have been good. Guy reported in the channel some of the early results so far but there are open trades open that I expect to close later this evening or early tomorrow. II am allowing the system to open and close on its own as I continue to match the two versions. If there are any questions feel free to join us in the telegram channel.

April 19th 4:03 GMT

No trades were closed today on Forex. The automation system is live and opened and closed trades today. Update on work being done. I spent most of today trying to hammer down some better rules for the system as we match up the two versions (Mine and Automation). The trades that are open in both Forex and automation are signal to signal trades that can be open for an hour at a minimum, or longer depending on time frame, signals, and targets. The bot closed trades thus far have been good. One earlier today was 9ish percent on its own but had some that weren't so great too and trades as of reporting are still open. That said I am allowing the system to open and close on its own as I optimize and try to narrow down and match the two versions. As I mentioned in yesterdays report even with the differences the testing bot forward and now live have been acceptable. It can be better though. In terms of issues related to running, the connection and running issues seem to be solved as I didn't see any errors in the log and the system is up and running. As always if there are any questions feel free to join us in the telegram channel.

April 18th 6:01 GMT

No trades were closed today technically however I will remind those that might be newer, this does not mean trading wasn't done. The automation system is live. It opened and closed a number trades and has some open trades as of this report time. The system took a number of trades today and is doing as it was during forward testing. It has a net positive profit for the day and reporting will be sorted as we build out a system for that. The trades that are open in both Forex and automation are signal to signal trades that can be open for an hour at a minimum, or longer depending on time frame, signals, and targets. As I mentioned we are working out some differences in terms of entries that I see vs what the bot sees but trading using volume even if a machine, is going to be better than most anything else. The bot had some issues when we initially started it but I think those are all ironed out and it should now run continuously over night. As always if there are any questions feel free to join us in the telegram channel.

April 17th 5:03 GMT

No trades were closed today however, after initially having some issues getting it started over the weekend, the bot is now running and taking trades. As I mentioned in the channel, there is still some work to be done in regards to ensuring it trades as I do. While it doesn't quite match up the results in forward testing have been positive so we felt it was okay to start. I don't want any false expectations for those that follow my trading chatter in various channels as it's not quite right yet. It is doing well and Guy and I are working on tightening it up as much as possible over the next week and beyond. It will never match 100% with what I do but should be close enough to get trades I would take overnight which is all we need. As my confidence in the bots trade selection improves, we'll ramp up the numbers and work toward doing the same thing for Forex. Trades are missed there for the same reason and we have the added issue of our President and all the problems his rants each day bring to the markets when I am trading.

April 14th 5:31 GMT

Forex trades were closed today for a profit of $830.13 (after tax $672.40) Automation will run this weekend for crypto. Climactic action resulted in no safe trades thus far. Turned off manually for most of today as well to avoid invalid signals for expected retraces.

April 13th 5:31 GMT

No trades were closed today. Another day with MHTC trades still open and only a single signal on daily. Crypto Automation went live officially today. I am not entirely sure it was the best day to start given the fairly climactic bars today, and because we could still do some optimizing but it should be okay and I am watching it.

April 12th 4:45 GMT

No trades were closed today.

April 11th 5:42 GMT

A very slow day trading today. Lots of news. I spent much of the day working out some final optimizations for the automation. We closed a small trade and had a small profit of $261.91 (After-tax of $212.91) have some MHTC trades open from earlier today. Some DD on them but not too worried. I will reevaluate in the morning and close as needed.

April 10th 5:31 GMT

Due to rumors of a possible missle strike on Syria I felt it prudent to avoid taking any trades most of today. A single Forex trade was closed earlier today for a profit of $321.66 (after-tax $260.54)

April 7th 4:18 GMT

Forex trades were closed today for a profit of $920.00 (after-tax $745.20)

April 6th 4:18 GMT

A lot of news and a lot of volatility left us with a loss on trading forex overnight of $473.32. We had a number of winning trades today but a well placed stop loss was hit overnight that saved u s quite a bit of downside. Some longer term trades hit targets and some MHTC trades brought us up a bit but when all was said and done we ended the day with a net loss. Plus side is automation should be starting up and working out some automation for multiple time frames and charts for Forex as well so we can maximize opportunities through out the day and night

April 5th 4:06 GMT

A bit of a wonky day today as we had a bit of personal emergency here. Forex trades were closed for a profit of $240.00 (after-tax profit of $194.4) MHTC trades and a lot of mixed signals. Some trades are open overnight and I will report on those when closed in tomorrows report

April 4th 4:06 GMT

Forex trades were closed for a profit of $1034.63 (after-tax profit of $838.05)

April 3rd 3:43 GMT

Forex trades were closed for a profit of $907.06 (after-tax profit of $734.71)

March 31th 4:13 GMT

No trades closed today.

March 30th 4:07 GMT

MHTC Forex trades were closed today for a profit of $480.50 (After-tax profit of $389.20).. Work on automation continues. Hopefully we'll be ready to start this weekend. Ramping up sizing on Forex but a lack of proper signals due to external news/concerns leaves little opportunity in my time zone. Forex could benefit from some automation as well and we'll look at that as well.

March 29th 5:56 GMT

Small MHTC Forex trades were closed today for a profit of $500.00 (After-tax profit of $405.00).. The trades were mostly flat for the day and really only started to move a short while ago. Some gave signs of reversals so rather than risk holding them overnighit I can pick it up again in the morning.

March 28th 4:27 GMT

March 27th 5:19 GMT

March 24th 5:16 PM GMT

Most of today was working towards finalizing automation systems. Some small trades were opened and closed on Forex for a small profit of $709.90 (After-tax profit of $575.01).

March 23rd 5:20 GMT

Most of today was working towards finalizing automation systems. That said some small trades were opened and closed on Forex for a small profit of $236.78 (After-tax profit of $191.79) Another crazy day news wise which kept things a bit too volatile to see through.

March 22th 4:45 GMT

Forex trades were closed today for a profit of $821.98 (After-tax profit of $665.80) A bit of a crazy day news wise in Forex as a result a number of positions were closed out pretty quickly and some have some DD currently. Nothing too worrying and will keep my eye on things a bit overnight. USD weakness should abate and wind down some of these positions

March 21th 6:05 GMT

Very small Forex trades were closed today for a profit of $154.50 (After-tax profit of $125.14) Not much happening with USD. I expected to see some weakness and took some positions using MHTC but mainly we are flat to down on them. I expect that we will see them closed overnight. Automation testing is still going very well and we'll discuss starting it out possibly as early as tomorrow (my time).

March 20th 4:30 GMT

Forex trades were closed today for a profit of $1688.09 (After-tax profit of $1367.35)

March 17th 7:51 GMT

No trades closed today

March 16th 6:13 GMT

Forex trades were closed today for a profit of $1567.57 ($1269.73)

March 15th 5:50 GMT

Forex trades were closed today for a small profit of $405.00 ($328.05)

March 14th 4:29 GMT

No trades were closed today.

March 13th 3:32 GMT

No trades were closed today.

March 9th 5:20 GMT

Forex trades were closed today for a profit of $750.72 ($608.08 After-tax)

March 8th 3:16 GMT

Forex trades were closed today for a profit of $584.35 ($473.32 After-tax)

March 7th 6:08 GMT

Forex trades were closed today for a profit of $1249.43 ($1012.04 After-tax)

March 6th 6:08 GMT

Have a few Forex MHTC open overnight. No trades closed today. Picking up Guy from the Airport tomorrow so I don't anticipate much in the way of trades but limits are set so we'll see and I will reported as needed.

March 3rd 5:18 GMT

No trades closed today

March 2nd 4:28 GMT

Forex trades were closed today for a profit of $978.60 ($792.66 After-tax)

March 1st 5:26 GMT

No trades closed today

February 28th 4:17 GMT (Updated Feb 28 16:03 GMT)

Crypto trades were closed for $7,810.58 before tax ($6,326.57 after tax).

Forex trades were closed today for a profit of $315.44 before tax ($255.51 after tax).

Total closed for today after tax was $6,582.08

February 27th 3:46 GMT

Forex trades were closed today for a profit of $822.99 ($666.92 after-tax).

February 24th 5:05 GMT

Forex trades were closed today for a profit of $1291.56 ($1046.16 after-tax).

February 23rd 5:08 GMT

It was an extremely slow day trade wise. We only closed one trade as signal reversed and it never hit the target we only booked a very small gain as a result. On the crypto side, I did some position work and hope to see some crypto trades closed as a result tomorrow. Forex trades were closed today for a profit of $80.57 ($65.26 after-tax).

February 22nd 3:18 GMT

Forex trades were closed today for a profit of $1391.10 ($1126.79 after-tax).

February 21st 4:18 GMT

Forex trades were closed today for a profit of $1009.85 ($817.97 after-tax) Didn't quite reach targets on Crypto. I am starting up work on group trades (baskets) in Forex which, when complete should increase the daily numbers quite a bit as we open many more trades per signal. I posted a link in the Telegram Channel if anyone is interested in learning more. As always any questions just submit them in the channel and I'll help as best I can.

February 20th 3:57 GMT

Forex trades were closed today for a profit of $1367.64 ($1107.78 after-tax)

February 17th 3:51 GMT

Forex trades were closed today for a profit of $962.24 ($779.41 after-tax)

February 16th 3:19 GMT

No Trades were closed today but some MHTC trades were opened on daily (Forex)

February 15th 5:42 GMT

Crypto:

We had a fairly nice move up in most crypto positions and closed some smaller positions to book profits. These trades are listed below.

Crypto Trades Closed Today:
BTC: $1086.70 (13.26%) After-Tax $880.23 (9.47%)
ETH: $481.48 (9.53%) After-Tax $390.00 (7.02%)
LTC: $6734.25 (33.34%) After-Tax $5,545.74 (20.22%)
DASH: $774.82 (15.42%) After-Tax $627.61 (10.78%)
XRP: $1744.82 (34.41%) After-Tax $1413.30 (20.67%)

Total Profit Today in Crypto is $10822.07 After-Tax $8765.87

I was a bit wiped out this evening and had some issues with the reporting system as there were multiple trades in LTC and I couldn't see a way to cope with this in the current system without taking a lot more time. These numbers should be spot on but may be revised upwards or downwards slightly if any issues are found. I'll ask Guy take a look when he's up which should be soon so keep an eye out for a revised report if needed.

Forex:
I had a bit of a mishap while remoting in using my phone to check positions earlier today. I inadvertently closed two trades as a result of lag (I assume) using remote desktop. I wasn't even aware that they had closed until I had gotten back to the office and checked properly. I will disabled one click trading as a precaution when away in the future. Those trades as well as some other trades closed at profit resulted in a net loss of $1654.79 in our forex account.

As some as you know I have not updated forward facing sheets for trades. I will update and finalize these over the coming weekend possibly sooner for all crypto trades this month. Guy and I will go over them to ensure they are correct and up to date. The numbers here are accurate and can be used in lieu of the spreadsheets for the next few days or less.

Thanks for your patience.

February 14th 4:07 GMT

Not much trading wise today due to investor call as well as a family event in the evening. Some small trades in Forex were closed earlier today for a total profit of $365.41 ($295.98 after tax) and we have some MHTC trades open which I expect to close tomorrow.

February 13th 4:05 GMT

Trades were closed today or a total profit of $721.08 ($584.07 after tax)

February 10th 5:29 GMT

Trades were closed today or a total profit of $995.46 ($806.32 after tax)

February 9th 5:03 GMT

Trades were closed today on Forex for a total loss $47.50.

Crypto: We didn't see movement significant enough to add or close positions today

February 8th 3:43 GMT

Trades were closed today on Forex for a total daily profit of $1792.78 and after tax profit of $1452.15

Crypto: I have started some position building at these lower levels in the hopes to bring our average entries down with the expectation that we could see moves upward over the next few days or longer. Weakness was prevalent much of today after some nice moves earlier so not much to report in terms of intraday trades. I expect Position building will be a beast for us this month if we have some extended moves upward and forex will ramp up too.

Forex: It has been a slow start this year thus far thanks in part to the rather unpredictable nature of our leader in the US. There are a lot of issues with confidence and currency/market traders and I think that's why it's taking longer to get solid signals. The same thing happened last year but it was on track nearly from the start of January. The quick hits intraday will help and I will continue to do those

February 7th 4:18 GMT

While we continue to have dollar confidence issues in the US as well as crypto weakness to contend with, I was able to trade quick moves within the moves. I am likely going to ramp these types of trades up on days where markets are contending with external news as they have been for some time now. I can explain more in channel if anyone is interested. Totals for all closed trades are below with detailed positions in crypto listed below that

A number of smaller trades were closed today on both Forex and Crypto for a total daily profit of $4054.43 and after tax profit of $3284.08

Forex Trades Closed Today Profit of $1824.11 After-Tax $1477.52 Crypto Trades Closed Today: BTC: $567.40 (8.02%) After-Tax $444.45 (5.82%)* ETH: $330.15 (6.60%) After-Tax $252.11 (4.73%)* LTC: $506.61 (10.15%) After-Tax $395.07 (7.18%)* DASH: $487.19 (9.70%) After-Tax $379.26 (6.88%)* XRP: $338.97 (6.69%) After-Tax $261.93 (4.85%)* Total Profit Today $4054.43 After-Tax $3284.0883

February 6th 6:11 GMT

Forex trades were closed today for $1475.99 after-tax.

February 3rd 5:50 GMT

Forex trades were closed today for $1022.39 after-tax.

February 2nd 5:50 GMT

No trades were closed today.

February 1st 6:10 GMT

No trades were closed today.

January 31st 6:10 GMT

No trades were closed today.

January 30th 5:25 GMT

No trades were closed today. We still have some small MHTC (More Hunch Than Crunch) trades in Forex open and positions building in crypto at various levels I hope to close before the month end but the ranges have been a bit stagnant so we'll see.

January 25th 4:19 GMT

No trades were closed today We have some small MHTC (More Hunch Than Crunch) trades in Forex open and due to some dollar weakness some drawdown on those. There is no reason as of yet to close. I will take a fresh look in the AM.

January 24th 5:09 GMT

Forgive the late report. I was celebrating a family birthday and it ran a bit later than I expected. Two smaller forex trades were closed for 664.23 bringing the monthly closed trade profit to $42124.86 Forex is slowly picking up steam. When current crypto trades are closed they will be reported here.

January 23th 4:55 GMT

No trades were closed today.

January 20th 4:42 GMT

No trades were closed today.

January 19th 4:27 GMT

No trades were closed today.

January 18th 2:39 GMT

Forex trades were closed today for a profit of $3,139.00 bringing the monthly profit to date to $41,460.63. It's taken a little while to get some signals after the winter slow down but we are seeing more activity now. Profits were booked and some continuation signals were taken. In Crypto... Light position building was done earlier today at very near what was the bottom of the fairly significant move down. Position building entails more risk than our normal trading because we hold positions longer and are subject to volatility risks. Given the large moves down I decided we could start to take some positions. I may close these out sooner as part of our general trades as some (XRP) are up roughly 40-50% already. Please note: Position trades tend to be smaller as we build. As a result closing them out earlier will result in less profit in terms of actual dollars. I don't like to discuss open positions because everyone has an opinion but as always I am open to questions and comments. Have a good day

January 17th 3:02 GMT

No trades were closed today.

January 16th 3:00 GMT

No trades were closed today.

January 12th 20:00 GMT

No trades were closed today.

January 11th 21:00 GMT

No trades were closed today.

January 10th 21:00 GMT

No trades were closed today.

January 9th 22:45 GMT

An ETH position was closed for a profit of $17,638.38 bringing the monthly profit to date to $38,321.63.

January 8th 21:00 GMT

No trades were closed today.

January 5th 22:00 GMT

Positions in BTC and ETH were closed for a combined profit of $12,662.80 bringing the monthly profit to date to $20,683.25.

January 4th 21:00 GMT

No trades were closed today.

January 3rd 2018 22:30 GMT

A XRP position was closed for a profit of $865.74 bringing the monthly profit to date to $8,020.45.

January 2nd 2018 21:00 GMT

An ETH position was closed for a profit of $7,154.71 bringing the monthly profit to date to $7,154.71.

December 22nd 14:00 GMT

No trades were closed today. The results of today's vote concluded that SIFT should trade forex. As such the forex trades have been added to this month's profit - bringing the total monthly profit to $87,297.77.

As we are not trading next week this will be the last update before the new year. If trades are taken for any reason these will be reported as usual.

We would like to thank you all for your support in 2017 and look forward to an even more profitable 2018.

December 21st 21:45 GMT

A XRP position was closed for a profit of $8,722.04 bringing the monthly profit to date to $82,413.06.

December 20th 22:00 GMT

No trades were closed today.

December 19th 22:15 GMT

An ETH position was closed for a profit of $5,914.23 bringing the monthly profit to date to $73,691.02.

December 18th 20:45 GMT

There was an error in the tax calculations for this month's trades. This means that more tax had been deducted from quoted figures than was due. This has been corrected bringing the monthly profit to date (before any trades were closed) to $61,680.50 (up from $60,919.01). The weekly fund value report has also been corrected.

Two trades have been closed in DASH and LTC for a total profit of $6,096.29 bringing the monthly profit to date to $67,776.79.

December 15th 22:30 GMT

A BTC position was closed for a profit of $5,862.59 bringing the monthly profit to date to $60,919.01.

December 14th 20:15 GMT

A position in XRPUSD was closed for $7,273.87. When consolidating CFD test trades from November a trade was also discovered that had not previously been attributed with a small loss of $21.58. This was missed due to human error in our manual consolidation processes whilst forex and CFDs remain outside the core SIFT trading portfolio. This carried over loss from last month with today's profit brings the monthly profit total to $55,056.42.

To help bring greater clarity about the exact details of each forex trade and the number of trades completed to date we have included an account statement which can be downloaded here.

December 13th 22:00 GMT

Positions in DASH, LTC, ETH and XRP were closed for a total profit of $6,358.52 bringing the monthly profit to date to $47,799.82. A forex trade in GBPUSD also closed today for $971.00 after fees and taxes.

December 12th 21:45 GMT

Positions in ETH and XRP were closed for a total profit of $11,420.78 bringing the monthly profit to date to $41,441.30.

December 11th 22:00 GMT

Positions in DASH, BTC and ETH were closed for a total profit of $5,803.96 bringing the monthly profit to date to $30,020.53.

December 8th 21:30 GMT

A LTC position was closed today for a profit of $2,742.30 bringing the monthly profit to date to $24,216.57.

December 7th 20:45 GMT

Two long BTCUSD positions closed today for a profit of $7,614.40 bringing the monthly profit to date to $21,474.27.

December 6th 21:15 GMT

A long position in BTCUSD closed today for a 9.01% profit of $5,211.40 bringing the monthly profit to date to $13,859.87.

December 5th 22:00 GMT

No trades closed today.

December 4th 22:15 GMT

Three crypto trades were closed over the weekend in BTC, ETH and LTC. These trades provided a combined profit on $8,648.47

December 1st 21:30 GMT

No crypto trades have been closed today but a forex trade was closed for $411.05.

The total forex trading profit, after fees, to be attributed if SIFT-holders vote for it is $4,816.76.

November 30th 22:45 GMT

Forex and crypto trades have been closed today including BTC and DASH trades for $2,311.01 after reaching their respective targets.

The total forex trading profit, after fees, for the month stands at $4,404.77.

November 29th 22:30 GMT

Forex and crypto trades have been closed today including BTC and DASH trades for $9,218.88 after reaching their respective targets.

The total forex trading profit, after fees, for the month stands at $3,329.77.

November 28th 22:30 GMT

Forex and crypto trades have been closed today including a LTCUSD trade that was closed for 7.12% profit ($1,800.92) having reached a target upper support level.

The total forex trading profit, after fees, for the month stands at $3,161.22.

November 28th 03:25 GMT

No trades closed today. Some light CFD (Forex) action which are open until target is taken out. These will be reported when closed

November 24th 21:30 GMT

Positions in ETH and BTC were closed today. The BTC trade was closed out before its target to ensure that the fund was not exposed to risk during potential BCH/BTC fallout around the time of the BTC difficulty adjustment. The ETH reached its initial target and was closed out at this point. The total profit from these trades is $3,268.91 bringing the profit to $20,532.16 for the month.

The total forex trading profit, after fees, for the month stands at $2,264.72.

November 23rd 23:00 GMT

No trades closed today.

November 22nd 23:00 GMT

No trades closed today.

November 22nd 04:31 GMT

No crypto trades closed today. Some more movement building out some longer term positions and some light CFD action which resulted in a profit of $477.37 USD on closed trades and daily trades still open.

November 21st 04:28 GMT

No trades closed today. Some movement towards building out some longer term positions and some light CFD action. Close updates tomorrow as necessary.

November 18th 04:35 GMT

No trades closed today.

November 17th 09:15 GMT

The BTC position has been closed for $10,060.95 profit at a price of $7,868.24 (with 2.524 BTC having already been sold at lower prices). This was closed after BTC reached a new level of VSR and valid weakness signal was encountered.

A very small ($1.60 profit) test trade that had been omitted from the trade spreadsheet was also added.

The total Forex trade profit, after fees, for the month stands at $1,437.

November 16th 05:41 GMT

No trades closed today. There are a couple of trades on CFD off the daily chart that I will report when closed.

We spent much of today going over some major updates to our Smart VSA platforms. These should help us capture more moves in all markets and especially crypto. There is some work to do still and I hope to get it up and running in the next few days. I'll provide more details in the coming days on these developments.

The BTC position is still open. No additions were made to the position and none was closed.

November 15th 04:23 GMT

No trades closed today. A total of $230.00 profit was made on CFD trades this includes the trade overnight mentioned in the update yesterday. As I mentioned in the room earlier today, the profit is on a trade size in most cases roughly one tenth of normal. There were no daily Forex trades so I started working out smaller/faster trades on shorter timeframes and used smaller trades sizes accordingly. The BTC position is still active and while we missed a signal over night to add on we have not yet gotten a short signal to exit. We will update on this and any other positions as needed.

November 14th 04:58 GMT

No trades closed today. We did some small testing on CFD positions in Forex intraday as no daily signals for the charts we look at occured. Each trade was profitable but in terms of actual dollars traded and profited it wasn't very much as we were testing. We have some trades open with profit targets that should hit overnight. They will be reported tomorrow. The BTC position is still open and I expect we may hold it a little while longer. We are going to trade within the position a bit starting tomorrow if we have trade signals worth executing. Today saw mostly some more shifting around with nothing safe in terms of opening positions for the fund.

November 12th 11:45 GMT

No trades have been closed since Friday and a separate statement has been issued on the BCH/BTC volatility.

November 10th 05:15 GMT

No trades were closed today. CFD Forex trades had only one trade which was closed for a profit at the start of the trading day for $1075.00.

Signals we trade were fairly nonexistent on everything or were invalidated by our advisory systems throughout most of the day. It is likely do to the news yesterday as things fall back into line in terms of "normal" trading such as it is.

In regards to CFD movement and Forex, Forex too had no valid trades today. As mentioned in the channel earlier today we are going to start developing and testing some techniques to try and capture more of the moves on days when volume activity doesn't offer much in terms of clear direction intra day but longer term moves are anticipated. As always this will be discussed when finalized with SIFT holders.

November 9th 09:00 GMT

Yesterday ETHUSD and XRPUSD trades were closed out for profits of 5.14% and 5.61% respectively. The Segwit2x announcement and impact on the market caused us to assess our current Bitcoin stratergy and we released a detailed statement on this issue. Forex trading saw several small lots traded for an additional $222 increasing monthly forex profits to $1,032.

November 8th 2017 04:31 GMT

We closed a long position today on LTC for 7.53% It was a small position on an exchange account from USDT Movement and DCA on valid system signals.

We had a long CFD Forex that was closed. Profit for CFD account is +911.00. There are some other trades open currently and made some more movement in regards to positioning for the upcoming BTC fork.

November 7th 2017 03:57 GMT

No exchange trades were closed yesterday. There were a number of moves on the trading front both towards the upcoming fork accumulation as well as Forex and CFD trading. These will be reported after clarification with the team.

November 4th 2017 06:40 GMT

No trades were closed yesterday.

November 3rd 2017 01:17 GMT

No trades were closed yesterday.

November 2nd 2017 15:00 GMT

No trades were closed yesterday.

November 1st 2017 06:00 GMT

No trades were closed yesterday.

October 31st 2017 17:30 GMT

Bitcoin purchased to exit out of USDT close at a profit of 3.47%. Please see our trading spreadsheet for more details.

October 28th 2017 15:30 GMT

No trades were closed yesterday.

October 27th 2017 18:00 GMT

No trades were closed yesterday.

October 26th 2017 08:10 GMT

No trades were closed yesterday.

October 25th 2017 09:30 GMT

No trades were closed yesterday.

October 24th 2017 08:00 GMT

Two trades were closed this morning. Both positions were longs opened yesterday. An ETH long closed for 6.46% profit whilst the LTC long closed for 6.42% profit. The total profit for these trades was $1,369. Had we been trading with full fund value and maintained this percentage, the combined profit would have been approximately $33,000. The trading value was limited yesterday as it was the first set of live trades using a change to our algorithms that we have been testing offline for the past two weeks. We limited the maximum trading fund value to approximately $50,000 yesterday. Today we will double that to $100,000. Please see our trading spreadsheet for more details.

October 21st 2017 09:30 GMT

No trades were closed yesterday.

October 20th 2017 09:30 GMT

A 20 Bitcoin buy order was closed yesterday realising a profit of $1,531. The trade was for $111,640 and returned a 1.37% profit. We exited as planned near the peak of yesterday's market but current liquidity issues, even with a slow-close over 30 minutes, took the price at close down to an average of $5,674.28. A full analysis of this trade was provided in the Telegram room. Had we traded the full $515,715 allocated to Bitcoin and been able to exit at the market price this trade would have seen a $10,000 profit. The on-going liquidity issues and solutions to them have been discussed in Telegram today and will be included in the end-of-month report due shortly. Please see the trade spreadsheet for more details.

October 19th 2017 10:15 GMT

No trades were closed yesterday.

October 18th 2017 10:15 GMT

No trades were closed yesterday.

October 17th 2017 10:00 GMT

No trades were closed yesterday.

October 14th 2017 09:45 GMT

No trades were closed yesterday. The only trades yesterday were invalidated by climax bars and weekend trading conditions. The fund is fully in USD before the weekend.

October 13th 2017 09:30 GMT

We have closed out three long positions in DASH, ETH and LTC for a combined profit of $9,014.13. These trades only used a combined exposure of $138,710. Had the maximum amounts been traded for these pairs and the exit prices remained the same the profit would have been $46,842. Please see the trade spreadsheet for a full summary of these trades. No other positions are currently open.

October 12th 2017 10:00 GMT

No trades were closed yesterday. There are a number of trades currently open and these will be reported on when they are closed.

October 11th 2017 09:45 GMT

No trades were closed yesterday.

October 10th 2017 09:30 GMT

We executed a trade using company funds to purchase ETH on October 2nd. This was to move a balance between exchanges. Because this was not originally for investment purposes it was not reported at the time. However, the movement ended up generating a profit of $5,947.85 and we have attributed that profit to the fund.

The chat channel mentioned yesterday that we were in a short position. The market direction quickly reversed and we attempted to close the trade. Due to problems with an exchange under DDoS at the time we wanted to close the trade it meant that the trade turned into a loss. We monitored the trade and gradually closed it out over the intervening hours. Due to exchange issues with this trade we are absorbing the loss from this trade out of our own profits. We have also implemented an algorithm change to prevent these trades being flagged in the future and will discuss this in full detail in the first monthly summary.

October 7th 2017 10:00 GMT

No trades were opened on Friday after climax bars came in on all markets.

October 6th 2017 10:00 GMT

We have closed out both long positions we had open on BTC and ETH as these stalled slightly below their target prices but climax bars suggested upcoming instability in prices. These closed out for 1.59% and 2.15% profit respectively and can be found on our trade spreadsheet. No additional trades have been opened.

October 5th 2017 10:00 GMT

The two trades that were opened on October 4th remain open. Since the trades have opened there has only been minor movement and neither profit nor loss targets for either of these trades has been hit. The trades will remain open until an appropriate target is hit.

October 4th 2017 10:00 GMT

We are currently in two trades for an exposure of $120,000. These two trades have not yet closed. Once they have closed they will be added to the trade spreadsheet.

October 3rd 2017 10:00 GMT

Today started with many climax bars on all charts. These signals indicate unpredictable volatility and are often news related. We do not trade for a number of hours after these bars as part of our risk mitigation strategy for the fund. No trades were made today as a consequence.

September 29th 2017 21:00 GMT

The fund has entered no trades today and is ready to begin full levels of trading starting Monday 2nd October. A full trading update will be given at the end of the day (GMT) on Monday 2nd October.

September 28th 2017 21:30 GMT

The ETH short-sell that was opened yesterday was closed for 1.33% profit after it met the target price. No further trades have been taken today. Signals were detected but outside of trading hours. As reported previously we are actively looking at changing our trading hours after the market changes post-China.

The LTCUSD close reported yesterday was detailed as a 2.2% profit based on its opening cost. The overall profit for this trade should be considered 1.5% as additional LTC were purchased as part of dollar-value-averaging. Not all of these ETH were held at the same time but this better represents the actual profit-versus-expenditure on the transactions.

We now have the daily trading spreadsheet online which will detail all trades we take. This will be updated every day with trades once they are closed. You can access this spreadsheet here.

September 27th 2017 23:00 GMT

The LTCUSD reached its target of $55 and has been closed. The trade made a profit of 2.2% based on its opening cost of $37,897 and a profit of $818.14. A new trade has just been entered to short-sell 100 ETH. Full trading with larger volumes will commence from Monday 2nd October.

September 26th 2017 09:45 GMT

The LTCUSD trade remains open but with a much smaller holding. We are down to 150LTC held from a peak of 1000LTC. The trade is overall up just over 1% and the remaining LTC will be sold if there is any indication of a breach of lower support levels or if it reaches the trade target of $55. The market has remained flat with the only valid signals today being near other signals that suggested market indecision or panic moves that we ignore for risk mitigation.

The following was posted to Telegram by James earlier today: "As you know I ran into some issues trying to exit ltc last week. It was a bit daunting as it was a pretty small trade and should have been able to exit without an issue. Many of the systems we worked out for live trading such as spreading out to multiple exchanges are not live until the first so I have no worries in that regard. I just wanted to let you know why the lack of trades. Official start is 1st. Systems are all working and we had some nice valid entries on btc and eth this morning (weakness). As we are still working out some details I am waiting on taking any trades even if small. If you have any questions let me know here."

You can get in touch with James directly on Telegram at https://t.me/smartift.

September 25th 2017 22:45 GMT

The LTCUSD trade remains open and has now returned the fund to profit beyond its original opening levels. A number of LTC have been slowly sold off today. The trade is currently at a 1% profit. There are current signals that suggest this trade may be closed out shortly. No new trades have been entered today.

September 24th 2017 18:30 GMT

With the state of the markets over the last week we made a decision to keep the LTC trade open over the weekend to ensure it was not cashed out at a significant loss. The trade remains open. The total loss is $3,489.83 at current prices with 850 LTC held. These have been dollar-value-avereaged to reduce loss with a slow reduction in holding. A validated strength signal appeared on LTC over the weekend. Despite SR levels indicating more sideways market movement this was a factor in not closing out the trade early and continuing to monitor it.

September 21st 2017 22:30 GMT

The markets have spent the most of the last 24 hours trending sideways resulting in no opportunities for Smart to enter the market. This has also resulted in the Litecoin trade opened earlier in the week still being held. The downward movements in the market today were detected by Smart but the AI advisor warned against entering the trades. A number of long signals were indicated this evening but these too were warned against by our AI advisor. As such no new trades have been opened today.

September 20th 2017 21:45 GMT

The markets have remained fairly flat since yesterday. We have had no additional validated trades and the LTC trade that was opened yesterday remains open and valid. Currently the trade is at a profit but will remain open until targets are reached. The nature of the markets over the last 48 hours have limited trading opportunities somewhat.

September 19th 2017 20:30 GMT

The fund has entered its first trade. We've taken a long trade on LTC which has still not reached targets for close. This first trade is only using $37,897 of capital whilst we ramp up trading during this period. We originally entered the trade at 14:00 GMT before increasing the position further in the following hours. The trade will likely be closed before tomorrow's daily trade summary and we will report back with profit/loss status at this point. The only other signals that have been validated today happened outside of normal trading hours. All other signals have thus far not been validated by our AI advisor.

September 18th 2017 21:00 GMT

No trades have yet been taken by the fund. Trading opened formally at 14:00 GMT. Since this time no validated signals that we would safely enter have been detected by our system. Over the weekend a number of long positions appeared on most currency pairs. At this time the majority of them have not reached a close point which means that these are waiting for a short position to come in or another valid long that would suggest another significant rise. The only signal to be validated so far today was a short on XRP. The specific type of signal is one that we rarely enter a trade on and normally use to exit a trade. Due to these facts no trades have been taken since trading commenced.

We are aware that everybody is keen for us to make our first trades, but please bear in mind that although we have now started to trade we do not enter a trade without a very high degree of certainty. As we've not had this today no trades have been entered.

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