"If you think writing about the fortunes of the stock market is tricky, try getting your arms around currencies."
Investment Outlook, January 2002
Letting the performance speak for itself is a code we live by, we believe that talking is cheap, market is right, thus it is always better to make a great call than write a verbose report.
The table below shows performance since we launched our service.
In order to display objectivity of our measure, the performance represents hypothetical not actual investments, because:
1: We do NOT consider client’s personal circumstances, such as balance, leverage, counterparty, etc.
2: We will enter and exit trades using the bid or offer rate from Reuters as a reference rather than a broker or bank quotes.
The P&L ONLY considers the change in spot rates from Entry level to Exit level, and does not include execution fee, Swap, slippage or other fees and no interest on cash holdings are included.
Reported returns are not adjusted for carry.
This material has been provided by Joefx. Any information in this site is confidential and therefore intended for your sole use. You may not reproduce, distribute, or transmit this material or any portion thereof to anyone without prior written permission from Joefx.
Any materials in this site are solely for informational and discussion purposes only, do not take into account specific circumstances of any recipient. The information contained herein does not constitute the provision of investment advice. It is not intended to be and should not be construed as a recommendation, offer or solicitation to acquire, or dispose of, any of the financial instruments and/or securities mentioned in this document and will not form the basis or a part of any contract or commitment whatsoever. Investors should seek independent professional advice and draw their own conclusions regarding suitability of any transaction including the economic benefits, risks, legal, regulatory, credit, accounting and tax implications.
Joefx is not a registered investment advisor or commodity trading advisor. Joefx does not provide, and has not provided, any investment advice or personal recommendation to you in relation to any transaction described in this material.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.