a Month in Foreign Exchange FOREX Trading?
by Adam Aycock of AtcmFX.com
In a tide of new regulatory measures issued by the Commodity
Futures Trading Commission (CFTC) most of the unscrupulous
Forex firms have now disappeared or been forced to change
their tune and marketing tactics ~ some have even gone underground.
In the present climate of new regulations, is it time to
take a new look at FX trading and the aspiring traders who
are making Forex a profitably managed alternative investment?
Most US based hedge funds agree~ IT IS TIME! During an
interview with a US based futures trader that worked for
an overseas "fund", I learned some very interesting
things... There are small private groups of investors that
are formed outside the purview of the CFTC or other countries
regulatory agencies that are currently making 20-30% per
month, each and every month ~ and have been for the last
11 months. One of these groups initially began in Germany
for small investors and was marketed under the new business
slang of a High Yield Investment Program (HYIP) which has
since been sold to a Grant Andrews and other "e-gold"
enthusiasts (mostly tax protesters)...
But the Main trading group has gone on to become a legitimate
trading company in the United States with the most experienced
trader becoming the manager and director of operations.
Accepting investments as low as $250 is undoubtedly an enticement
to the retail investment sector and a maximum investment
of $25,000,000 deservedly an enticement for accredited investors.
As of this writing (November 10, 2003) the company has began
operations as an Forex Pool conducting it's trading business
ONLY with registered FCM's in the US.
I was personally honored to grace the hallowed halls of
a VERY PRIVATE trading operation managed from the State
of Missouri (of all places), witnessed an incredible spectacle
of 6 traders making a bit over 8% on a Monday in a period
of 4.5 hours or so and was delightedly impressed to say
the least. They told me it was happening long before it
actually did... What do they know that I don't? It turns
out that the Director has over 18 years of trading experience
in private (what WAS he doing there?) for his own knowledge,
interest and experience. It turns out that he and a few
colleagues found a way to express a trending market BEFORE
the market actually began to trend... Now that is something
to read about...
Although the knowledge wasn't overly remarkable in percentage
terms on a monthly basis (these are professional traders
making 5-50% per month ya' have to understand...) the utilized
trading system is a combination of money management techniques
and market volatility measures which, when combined in certain
combinations... provide a steady flow of profit while limiting
drawdowns (losses), limiting risk and increasing profitability...
Can it be true?... 17% per month for 11 months now and I'm
told it's increasing to 20-25% with an essential programming
change that doesn't change the past trading except, if it
had been done in the past, it would have returned the higher
amounts... the software wasn't capable of doing so and now
it is! Incredible... Do I believe it? I like the 17% per
month... My stocks are killing me! It turns out that there
are Three (3) groups of two (2) traders utilizing different
trading styles - which together provide a stable rate of
return according to ones own risk profile, whether it be
conservative, moderate or aggressive... Even after the 25%
incentive fees are deducted each week...
And there's more... They presently have two funds. (1)
The High Yield Fund where you get what you get after the
25% fees and 5% (optional) sales load; and (2) The Stability
Fund where you get 5% every month and a Reserve Fund that
guarantees the 5% per month each month... even if actual
trading is under the "norm"... Secondly, the Reserves
are also used to guarantee 100% of the principal invested
so there is little or no risk after 6 months or so... Well,
that quite a choice in hedge fund investing.
They are also interviewing other traders, some claiming
returns way out there in ga-ga land... But don't sweat it,
the Director has his feet on the ground, his interest is
long-term and stable minded. So, it turns out that 25% per
month is possible - with just Forex trading... mix in a
certain management style that limits risk by guaranteeing
your principal and feeds a reserve fund for contingencies...
and twalah! You've got yourself the very best in Alternative
Trading Capital Management... Extra funds to actually live
life with! And isn't that what this is all about?
This FOREX article courtesy of www.investment-index.com.
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