Saturday, November 03, 2007

October Results + News

Infinity Shares Investment Club Team has unveiled the results for the month of October, Please go through the update below.

Good day everyone,

Sorry for the rather late email, Xtian was gone the last week of October since there was a festival in the Philippines (to the members that know it, October 31-November 3) which he was away. And Steven has left yesterday for a short break.

Anyways, back to the actual mail.

We started the month off with a great NFP report, but after that, our broker pretty much disallowed us from newstrading. They reversed the trade (that happens a lot nowadays I hear), but luckily with some very very creative negotiations by Stijn we were able to re-reverse the trade and keep the profits made from that report. But after that, news trading pretty much wasnt an option for us since we couldnt place trades 3 minutes before and 3 minutes after critical fundamental releases.

On the tech side, we're still refining our strategies, so nothing big there, still doing small profitable trades, we'll probably pick it up more with bigger lot sizes in the coming months, but until we're very very sure with our strategy (not to mention the very volatile market we've been seeing lately) we're playing it safe with tech trading.

Anyways, on to the more important stuff.

The total profit for this month is +1.83%

We'll update the system once Steven gets back, and will do another mail when that's done.

Thanks!

IS Staff

My Comments: When I joined infinity Shares , now , Infinity Shares Investment Club, they were doing incredibly well, with weekly average returns of 3%, but now the results are announced monthly and they are low as compared to before, anyways , lets hope for a better tomorrow.

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