September 2026 P&L Report
TradeX closed September with a monthly ROI of 6.70% across eight recorded trading dates. Alpha led the dollar contribution, while Genesis added returns through automated execution. Manual trades accounted for 72% of the month's activity, with the remaining 28% using hybrid automated execution. The largest gains arrived in the final week.
September summary: 6.70% monthly ROI, $207,221.44 trading P&L, a 1.94 profit factor, 65.98% win ratio, 4.89% maximum drawdown, and $3.64M closing AUM.
Performance Snapshot
September 2026 Metrics
| Metric | Value | Context |
|---|---|---|
| Monthly ROI | 6.70% | Calculated September P&L divided by August reported closing AUM |
| Opening AUM | $3,093,603.76 | August reported closing AUM carried forward |
| Trading Profit | $207,221.44 | Calculated from position balances and September strategy ROI records |
| Active Trading Days | 8 | Eight dates with recorded portfolio ROI |
| Win Ratio | 65.98% | Selected win-ratio input used in the gross P&L reverse calculation |
| Profit Factor | 1.94 | Estimated from reverse-calculated gross P&L, assuming equal average winning and losing amounts |
| Maximum Drawdown | 4.89% | Trading-book drawdown supplied by TradeX |
| Closing AUM | $3,639,583.76 | Active-balance export at September 30 |
| Closing Invested Capital | $3,059,185.50 | Principal remaining in active allocations at September 30 |
AUM increased during September as positive trading performance and renewed allocations outweighed contractual maturities.
Alpha vs Genesis
The Alpha strategy contributed $189,684.26, or 91.54% of calculated monthly profit. The Genesis strategy added $17,537.18, representing the remaining 8.46%. Alpha's larger deployed capital base drove most of the dollar contribution.
Alpha focused on manually managed opportunities, while Genesis contributed through automated execution. Together, the strategies combined discretionary trade management with systematic participation.
Market Environment
September brought renewed pressure from monetary policy and geopolitical uncertainty. On September 16, the Federal Reserve raised its target rate by a quarter percentage point to 3.75%-4.00%. The Fed cited elevated inflation alongside resilient domestic spending, solid economic activity and geopolitical uncertainty. Federal Reserve statement.
Energy remained sensitive to the U.S.-Iran conflict. At month-end, Reuters reported higher oil prices and substantial monthly gains as stalled peace talks and tight fuel markets offset recovering Middle East supply. Reuters via Euronext.
These developments kept interest rates, energy costs and headline risk central to the market backdrop. TradeX's portfolio gains were concentrated late in the month, after a mixed sequence of early positive and negative sessions.
Asset Allocation
Gold remained the primary trading asset at 70%, followed by XRP at 20% and US100 / Other at 10%. The mix remained consistent with August, with gold and XRP accounting for the majority of activity.
Performance Breakdown
September combined manual and automated execution. 72% of trading activity was manual, with the remaining 28% using hybrid automated trading. The Alpha strategy was manually managed, including decisions on when to close trades, while the Genesis strategy used automated execution. This distinction shaped how the two strategies participated in the month's opportunities.
The final three ROI dates generated $191,860.59, approximately 92.6% of calculated monthly P&L. September 30 was the largest contribution at $86,847.94, with a weighted daily ROI of 2.445%.
September Daily ROI Returns
Calculated weighted daily returns. All bars use the same scale; the line marks zero.
Risk Management & Capital Protection
September's maximum drawdown was reported at 4.89%. Risk positioning sat slightly above balanced, below an aggressive posture. Alpha's manual management and Genesis's automated execution provided different ways to participate in market opportunities while managing exposure.
The daily portfolio marks included two negative dates, followed by stronger positive sessions. These realized return marks are distinct from the trading book's drawdown, which also reflects losses while positions remain open.
Risk Positioning
Outlook For October
The October outlook centres on inflation, the Federal Reserve's next policy signals, and the effect of U.S.-Iran developments on oil and broader risk appetite. Further volatility could create trading opportunities, but the late-September gains do not guarantee a similar pattern in October.
The base case is a market that continues to react to policy and geopolitical news. A clearer inflation path or progress in diplomacy could ease some pressure; renewed energy disruption or firmer policy signals could increase it. Position sizing and holding decisions should reflect the conditions at entry.
Conclusion
September's result was led by Alpha and concentrated in the final week. Manual management in Alpha and automated execution in Genesis formed the month's execution mix, while renewed allocations and maturities shaped the capital position. October begins with continued sensitivity to monetary policy and energy-market developments.
Written by AI. Guided by data. Executed with discipline.