This is what FF admin said when he introduced FXIG.
And later on I remember someone who posted an email from FF admin when he asked if FF had really seen actual trades. FF admin responded that he only was able to confirm they had trading accounts at the broker but was not able to see any live trading reports.
He hate to bring this up again, but I must say I feel a bit uncomfortable knowing that Mathew clear states that he has seen the trading reports, yet is privately telling people via email that he has not seen them. I think Mathew has a responsibility to remove those comments on the FF site and clarify that although he has verified the reports exist from a broker, he has actually seen them with his own eyes.
Future and potential investors trying to get the lowdown on FXIG will read the comments on the site and assume that Mathew has seen the actual trading reports, when that is not the case.
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I'm just a symtom of the moral decay that's gnawing at the heart of the country.
good to see someonw was listening 'ydutil' what FF said about FXIG is this:
"We verified, through a director of the Brokerage they are using, the IDs, balance and profitability in regards to the previous few months. So in our book, this is results. This brokerage has only held the account from Nov 2004 so cannot verify earlier profit figures."
If the brocker can be is judged to be reliable this seems pretty good, if not then the brocker could probably fake them. As for *live trading reports* I am not sure what was meant by ydutil - you want to see the trades they make in real time? I don't think anyone does that?
Quote:
Originally Posted by isamu
He hate to bring this up again, but I must say I feel a bit uncomfortable knowing that Mathew clear states that he has seen the trading reports, yet is privately telling people via email that he has not seen them. I think Mathew has a responsibility to remove those comments on the FF site and clarify that although he has verified the reports exist from a broker, he has actually seen them with his own eyes.
Future and potential investors trying to get the lowdown on FXIG will read the comments on the site and assume that Mathew has seen the actual trading reports, when that is not the case.
If FXIG is a ponzi, could its inevitable collapse pull Feeder Fund down with it?
I strongly believe that FF was started as an honest program. But now it's too big, I don't know Mattew Calder enough to tell if all the funds he gathered are enough to make him a dishonest man
People who knew Mario could tell he was not a stable and strong guy and would easily become greedy with too much funds under his control. But with Mattew...He is a ghost, who here knows him personally?
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Early to bed, early to rise...until you get enough money to do otherwise.
Well thanks a lot guys, where were you with all this wonderful DD when I and a lot of other people were getting our credit cards out to join FXIG (based on the recommendation of FF) ? Hmmmm ?
Oh, I did took my "credit card out" but before investing, I took about 2-3 hours to do a little bit of research on FXIG, which anyone old enough to own a credit card, should have been able to do.
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Early to bed, early to rise...until you get enough money to do otherwise.
This is from an email to me from feeder fund. I think its probably good enough for me to take a gamble on trusting FF and substanially increase my FXIG investment through FF...
"The Talkgold discussion is off the mark as a result of misintepretation of our
comments. We verified, through a director of the Brokerage they are using, the IDs,
balance and profitability in regards to the previous few months. So in our book, this is
results. This brokerage has only held the account from Nov 2004 so cannot verify
earlier profit figures."
So now I haven't really been able to find anythin bad about feederfund or fxig... anyone else got anything?
Re: Fxig Info Please?
Hybrid Mode
