Managed Accounts Results for the January 2008
Please click on the play button above to listen to our results announcement for the month of January.
Market Conditions Report
The forex market saw some real volatility back and forth with the US credit problems and the resultant prime rate cut which sent the major currency pairs back and forth. Despite the tough trading environment our managed forex programs weathered the storm.
Managed Accounts Results for the January 2008
The Platinum Program has done rather well at 5% for January. As mentioned in the audio interview above the platinum program trades on much shorter time frames and is able to take advantage of the range bound market.
The Gold and Reserve Gold – our more aggressive managed Forex – handled the unusual volatility rather well but, suffered a reasonable loss at -4.5% Gold and -5.2% respectively. Again as mentioned in the audio above, the Gold looks for more of a trending market and will recover vary fast once we get out of this range bound market and also will have the highest returns in most cases.
Announcements
Two important announcements:
- We are proud to announce our new client benefit section of our web site. Specifically, You will find our new Flex Rebate Program and our Loyalty Bonus details there.
- Elimination of performance fees unless a 3% month return minimum has been achieved.
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- More information about our Managed Forex program.
- Detailed information regarding our trading results.
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