Q. Do you trade any other currency pairs?
A. No, at the
moment we concentrate on the GBP/USD for many reasons, including:
Volatility, Liquidity, Low Spread Cost, Returns VS Risk
based on our system. However, we are developping new methods
for different currencies and after a long period of live
trading, if the results are consistent with our backtesting,
we will offer them to our traders.
Q. Do you offer managed accounts?
A. We offer to
trade any account of $100,000+ directly at the broker of
your choice. We are happy to work on a profit based commission
if desired. Contact us for more information. But we believe
for most people, Auto-Trading will help you achieve results
similar to ours while leaving you with complete control
over your account including money management.
Q. Do you think you'll keep on achieving the same kind
of results in the future?
A. Well, obviously
no one can guarantee future results. But we are trading
these methods ourselves and therefore have full confidence
in our system. We are constantly working on our methods,
finding ways to improve them if necessary and believe that
this way we will be able to adapt to changes in the market
and be successful for many more years.
Q. Have you included the cost of commission in your results?
A. Yes, we have included a 4 pip spread (commission) on each transaction, but have excluded the cost of Auto-Trading (1 pip per trade to Fx-Auto).
Q. Are these results simulated or achieved under real trading conditions?
A. All our results have been achieved either while trading with our own account or at Fx-Auto and you would have therefore achieved similar results if you had followed our signal. I have been a trader for many years, and have seen (and tested) a lot of other signal services out there and must tell you that I have been shocked by their lack of honesty. They will use all kinds of dishonest tactics in order to have you subscribe. So be wary of unverified past results, hypothetical results, returns calculated inaccurately, results which don’t account for commission costs ect. I have built my system around honesty and use independent sources to prove that our results are accurate.
Q. How can you offer your system for free?
A. By making a partnership with FX-Auto, I receive a share of the 1 pip commission taken from each transaction made at FXDD and therefore receive a small (considering how much I make trading with my own account) but fair compensation. Using this method I will only be profitable if you are in the long run which is fairer than any other subscription method you will find out there.
If you have any other questions, please don't hesitate to contact me.