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GalleonFX - 11/02/07 Near 100% gross in just over 2 months
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Home arrow News arrow 11/02/07 Near 100% gross in just over 2 months
11/02/07 Near 100% gross in just over 2 months

The adjustments we made back in July and August that you read about on our website have been working like magic.

Our USD Account was up about 75% in September. Then 18% in October for a total of 93% gross in just 2 months. Now, just 2 days into November my personal USD account is up nearly 5% already as I write this email. That brings us to about 98% or near 100% gross returns  in just about 2 months. Not too bad.

Unlike certain stocks that may have big runs up that can not be maintained, the returns Galleon's systems are producing come from intelligent predictive analysis not bound to the fundamentals of a particular company or stock. This means as our systems continue to get smarter, we should be able to make these kind of returns in ALL market conditions and more consistently. Don't just take my word for it, but continue to watch and see.

Another popular questions has been. "Why the difference in returns between the USD and EUR accounts?" This is partially due to funds flowing in and out off accounts and adjusting leverage accordingly. But recently we have just found that there has actually been a discrepancy with the way FXCM has been accounting for lot sizes calculated in USDs for the EUR account rather than in Euros like you would expect. This has now been accounted for and adjustments in leverage have been increased on our EUR Account. So our USD and EUR accounts should finally end up fairly even when we report results at the end of November.

With 50+ new clients in October. Those that got in and had accounts funded before the 15th are already looking at 15-20% gains in their account.

 Things are really heating up in the currency markets now days and I suspect we're going to see a lot more movement and volatility in November with which our systems will thrive on.

We've got 2 more months to make this a 100% year and I'm fairly confident we can pull it off. Next year will be even better as we have lots more good news and announcements I hope to share with you later this month.

Meanwhile, get your account opened up today, add some more, or tell some friends about Galleon minimum. It only takes a short time to complete the application and best of all, you can conveniently fund your account with your Credit Card

 
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