FreedomRocksJune 2009The FreedomRocks (FR) Forex trading strategies have received a lot of criticism over the past 3 years as many people made a huge amount of money in 2006, then many people lost a huge amount of money in latter 2007 and 2008 during the global financial meltdown, including us. Then FR introduced a unique “double-hedge” trading system that nobody had ever really considered before or had much experience with. This strategy, called HyperDrive (HD), had a shaky start during the latter half of the financial meltdown, but started to show its true colors for the few people who had patience, weren’t aggressive and gave the strategy a chance to bank up big profits over time. It seems that we may be one of those people. Our HD account went down a lot (as much as 80% drawdown at one point) and stayed in the negative for a long time (with every adverse situation going against it) before it started to really turn around into positive territory. About 99% of every closed trade is a profit, so it’s only a matter of time before the floating Equity account balance starts to pull into the positive with all the closed profitable trades, but it doesn’t happen overnight. In fact it can take a long time, up to many months duration. Our account (started Nov ‘08) that was in the negative and seemed to be losing money for so long, is now almost doubled as of end May ‘09, (no that is not a typo)! Patience, continually building up those small trading profits, and riding out the bad times might be starting to pay off here with HD. We considered quitting a number of times in the past during the crash, but didn’t and held out continuing to trade the account no matter how grim it looked at the time. It appears to us that the worse things get, the better the gains are when they turn back around. The NFA (National Futures Association) in the United States has just recently banned the ability to hedge both directions on the same currency pair at the same time, which affects most U.S. FX Brokers. There are still a few good brokers left, along with some outside the USA that you can still utilize the double-hedge strategy through. FR just launched a new FX Managed Account program for those people who do not have the time or desire to trade on their own, called Currency Advantage II. Members will be able to select their own leverage levels to be conservative or more aggressive as they so choose. FR has negotiated with the Managing Broker to reduce the performance and maintenance fees only for FR members. FR also just announced that they have recently been selected and endorsed by the Global Chamber Of Commerce as the BEST global Direct Selling business in the World! This is a huge accomplishment and testimonial for FR. View the new updated FreedomRocks website here. Go back to multiply money
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