MarkyMark321
Newbie
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Hello All!
I'm just returning to trading after some time out, but in the meantime have been contacted a few times by a guy from TwoWaySpreads, part of TMS Capital. They have been trading an automated system for about 18 months with some extraordinary results. It all seems too good to be true to me, but they appear to be a reputable organisation, FSA regulated. They take 25% of the profit so make nothing if trading a losing account, and they trade the 6 most liquid currency pairs. Most trades are intraday. Worst drawdown has been around 12%.
Monthly performance is
Jan 11 +8.89%
Feb 11 +9.53%
Mar 11 +2.79%
Apr 11 +2.53%
May 11 +16.09%
Jun 11 +6.07%
Jul 11 +11.48%
Aug 11 +7.89%
Sep 11 +8.80%
Oct 11 +7.19%
Nov 11 +1.57%
Dec 11 +12.42%
Jan 12 +8.11%
Feb 12 +7.59%
Mar 12 +5.01%
Apr 12 -3.86%
May 12 +14.63%
Jun 12 -4.38%
Jul 12 +1.61%
Aug 12 -5.68%
Sep 12 +4.73%
Oct 12 +9.99%
Nov 12 -1.70%
Dec 12 +20.81%
Anyone have any thoughts or experience of this account?
Mark
I'm just returning to trading after some time out, but in the meantime have been contacted a few times by a guy from TwoWaySpreads, part of TMS Capital. They have been trading an automated system for about 18 months with some extraordinary results. It all seems too good to be true to me, but they appear to be a reputable organisation, FSA regulated. They take 25% of the profit so make nothing if trading a losing account, and they trade the 6 most liquid currency pairs. Most trades are intraday. Worst drawdown has been around 12%.
Monthly performance is
Jan 11 +8.89%
Feb 11 +9.53%
Mar 11 +2.79%
Apr 11 +2.53%
May 11 +16.09%
Jun 11 +6.07%
Jul 11 +11.48%
Aug 11 +7.89%
Sep 11 +8.80%
Oct 11 +7.19%
Nov 11 +1.57%
Dec 11 +12.42%
Jan 12 +8.11%
Feb 12 +7.59%
Mar 12 +5.01%
Apr 12 -3.86%
May 12 +14.63%
Jun 12 -4.38%
Jul 12 +1.61%
Aug 12 -5.68%
Sep 12 +4.73%
Oct 12 +9.99%
Nov 12 -1.70%
Dec 12 +20.81%
Anyone have any thoughts or experience of this account?
Mark
