[Report] Alchemy Rising Tide, official forwarding
Hello, I’m Yoko.
On September 28, as the official forward for Alchemy Rising Tide, buying positions accumulated and all settled at -1,276,170 yen. As of September 26, the account balance was about 1,260,000 yen, and most of it was lost.
In the second installment, I talked about how “averaging down is scary,” and that fear became a reality in our own official forward. We sincerely apologize for causing concerns and trouble to everyone who purchased, as a moral responsibility.
We believe investment decisions and results should be made at one's own risk. This stance remains unchanged. With that in mind, we will share known facts as material for judgment.
What is known at this point
・From around 22:00 on September 27 to around 09:00 on September 28, gold plummeted in one direction, and buying averaging down rose to 30 steps
・Then, at 14:47 on the same day, all positions were settled in one batch
・This drop was unprecedented in speed even in the last 12 years of verification
・The weakness in the design, where the margin loss protection weakens if the decline continues in one direction, was originally described in the specification, and this time that scenario occurred at an unprecedented speed
This official forward operated with the same verification conditions as stated on the product page: initial funds of 1,000,000 yen and 0.01 lots. Even under that situation, the account went bankrupt, but depending on margin amount, leverage of the trading account, size of the lot, and mode selection, the results can differ even with the same market. Based on your own account balance, maintenance margin, and held positions, we would like you to decide whether to continue trading, stop, or reduce the lot size, including whether to proceed with investment.
Future
・We have already started work on a mechanism that can stop deeper drawdowns as well
・Regarding resuming the official forward, GoGoジャン is currently considering it
・What is known will be disclosed without hiding both the good points and the bad points
Thank you for reading to the end.
Yoko・Kenji
※This article is a report of factual relationships, and investment decisions and results are to be made at your own responsibility.