007 Trader Overview


- System mainly trades 3 currency pairs namely EUR/USD, GBP/USD, & USD/JPY. However,
       AUD/USD, EUR/JPY, and USD/CHF may be traded from time to time.

- System is completely non-discretionary and strict entry and exit rules are adhered to.
       However, to protect against computer or other types of electronic errors, all trades are
       entered manually and monitored throughout the trading day.

- Hard Stops are entered immediately upon the opening of each trade.

- All trades are closed by 5pm to 7pm EST each day.

- System is designed to follow momentum and trade with the current trend.

- Minimum account size at this time is $25,000. The minimum will be moved up to $35,000 in the
       summer of 2008.

- 25% YEARLY performance fee charged on net new highs, plus $10 per lot traded. A yearly        performance fee allows your profits to compound much better than a monthly or quarterly        performance fee.

- No performance fee guarantee: If the Managed Account Program does not realize a profit
       of at least 20% for the calendar year (before performance fees are calculated), then no
       performance fee will be charged for that calendar year. 007’s system targets 50%-70% yearly
       gains (before performance fees), however, no guarantees are given or implied and past
       performance is not indicative of future results.

- The results below are net of all broker fees/commissions, but not net of the yearly  
       performance fee.


Click here for my power point presentation.

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Must Hear: Audio Interview with 007 Trader.

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Live Results Since Inception (Not Back Test/Not Hypothetical)
Jan
Feb
Mar
Apr
May
June
July
Aug

Sept

Oct
Nov
Dec
2007
NA
NA
NA
NA
NA
NA
7.31%
5.04%
7.31%
7.83%
4.92%
3.81%
2008
5.14%
6.62%
-2.3%
1.72%
-8.9%
4.58%
0.12%
4.47%
3.18%
-7.03%
-11,93%
-3.95%

* The 2.3% loss in March was made up the first day of April. Click here to see why adding funds during a peak to valley draw down is the smart thing to do

 


Click the links below to see the daily reports

Inception to January 2008 Daily Trade Reports



Instructions to open a PFG account:

To open an account click here and follow the instructions. Next, fill out my non-compete and risk disclosure document and fax or email that over to me. After PFG approves your application please notify me and I will email you the POA (Power of Attorney) and MA (Management Agreement). Once you fill those out fax or email them back to me and wire funds into PFG. Once funds are received trading will begin within 48 hours.

  • To open account with PFG click here
  • When it asks speculative or hedging put speculative.
  • When it asks if you are trading pursuant to a trading system check No.
  • When it asks if you are working with a broker put Best FX Traders.
  • On the last page of the application where it asks who the trader is put 007.
  • Where it asks for relationship put "Forex Trading Only."
  • Where it ask for his email and phone number put mine in.
If it is a Corporate, LLC, LP, or Trust account you must pick the "Complete Account Online and Fax it in" option.

Do not wire funds until you get your account number by email. The Account Reference Number IS NOT your new account number. That is only used for if you call PFG.

Call Wendy at PFG with any questions at 312-775-3452. PFG's main number is 888-274-2916. If you call that number ask for Forex New Accounts Department and they can walk you through the application. PFG's fax number is 312-775-3095
For PFG funding instructions click here and choose USD - Forex Platinum. Wire transfer is the best way to fund.
DO NOT fund until PFG gives you an account number.



Please call or email me with any questions at 281-678-8472 or robert@bestfxtraders.com Fax 888-698-8826

To learn more about me and 007, please read the following articles:

Resession Proof Your Portfolio

Yearly Fees vs Monthly Fees

The Night of No Trades

What is Max Peak to Valley

Investors Lose $68 Million ( How to spot a FOREX Scam)

*NEW Why hypothetical results can ruin your portfolio)



RISK DISCLOSURE:There is a substantial risk of loss in trading off exchange forex exchange products (forex). You must be aware of the risks and be willing to accept them in order to invest in the forex market. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell forex contracts. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on the website. The past performance of any trading system or methodology is not necessarily indicative of future results.