NAV update. As per 2009 nov 28, 14:53 CET, NAV is 2607 (NAV consists of balance plus value of open positions. System is using euros as system currency) intraweek swings in gold and silver (huge ones) were within system leverage limits so no selling had to be done, when gold and silver comes back up, the system will do fine. losses in NAV are here bc gold and silver is lower than at last update. (and a little interest rate cost too of course)
NAV update. As per 2009 dec 05, 23:42 CET, NAV is 2492 (NAV consists of cash balance plus value of open positions. System is using euros as system currency) A huge usd rally and commodity correction friday hit the system hard. Correction seems to be over and it is hopefully back to a declining dollar, and rising profits going forward
NAV update. As per 2009 dec 12, 16:35 CET, NAV is 1587 (NAV consists of cash balance plus value of open positions. System is using euros as system currency) A huge usd rally and commodity correction friday (again) made the system go above its high leverage limit, making it take some profits for the first time in months. Most of the trades are still open and should gold and silver go back up from here, almost no longterm damage is done. System sold only 1 ounce of gold that's all.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.