A quick note to let you know that I have made it easier for you to read my reports.
You no longer need to log-in to read the full report on-line.
The link to the AmpGFX report in my emails will open automatically for all readers.
The registration process is still required to ensure that you receive my emails when the reports are posted, and you can still unsubscribe from these emails if you no longer want them.
We have been operating from Breckenridge Colorado USA since the beginning of this year and are focused for the time-being on growing our recognition in the market-place for FX research.
We want to encourage more clicks on our website and for you, one of our early adopters, to share our reports with your friends and colleagues. (See my last three reports below).
I have also removed the ‘Greg’s Blog’ from the menu. These were a way for me to keep in touch with you on what was happening with our business plans last year. If you want to stay in touch please connect with our new company Facebook page. I promise not to bore you with updates on how much powder snow I have been carving up. (There was over a foot of fresh stuff on the morning of the FOMC statement).
Some of you have asked when you can tap into our trading strategy. The Australian arm of our company was granted an Australian Financial Services License in January that does allow us to sell trading advice.
However, we have decided to go a step further and apply for an addition to our license that will allow us to trade on behalf of wholesale customers, and we are waiting for ASIC to consider this application.
One option we have in mind is for our customers to open their own account with Saxobank and provide us with a power of attorney to trade on their behalf. In this way we can use Saxobank’s allocation tool to apportion a share of trades we make on our own behalf to our customers, so that they achieve the same results as us (adjusted to reflect their own risk tolerance).
We have updated our trading performance results page as at 17-March. Needless to remind you that past performance is no guarantee of future results.
We think this an efficient and transparent way to allow customers to tap into our trading strategy.
Of course this will not work for everyone, some customers may wish to simply receive notifications when we trade. We anticipate offering this service as well.
There are other alternatives such as working with a fund incubation firm or setting up an investable security that is based on our trading strategy. These are avenues that we will also consider a little further down the road.
Ultimately we see the value in our service as being able to provide profitable trading advice to customers and we are working towards providing this service in a simple and low cost manner for both us and our future customers.
As we work on this business model, we see our AmpGFX reports as a tool to market our company and provide a taste of how we are viewing the market.
Thanks for your support.