It is unfortunate to announce that SGSAS has to change the FX account holder after operating for the past 6 months. As a result, all the opened positions are to be closed, resulting in lesser net profits.
Yet this is not an end in our FX trading plan, or worst, anything bad that has happened to our trades. We can assure you that this has nothing to do with the recent change. It is a dispute between our partners (the funder and investor), thus the account has to end at this current moment.
We are in the process of opening another account, and we take necessary steps to ensure a similar predicament will not happen again.
You may refer to our screenshots below to justify our claims. Overall, after ending all opened positions (which USD has strengthened, and is not in our favour of course ), the total net profit is 4%, drawdown 15% and interest expense total at S$75.
The total deposits and withdrawals will reflect the net absolute profits we will receive after terminating this particular account.
Thank you for your patience. We will keep you informed of the new account again.
Summary
Yet this is not an end in our FX trading plan, or worst, anything bad that has happened to our trades. We can assure you that this has nothing to do with the recent change. It is a dispute between our partners (the funder and investor), thus the account has to end at this current moment.
We are in the process of opening another account, and we take necessary steps to ensure a similar predicament will not happen again.
You may refer to our screenshots below to justify our claims. Overall, after ending all opened positions (which USD has strengthened, and is not in our favour of course ), the total net profit is 4%, drawdown 15% and interest expense total at S$75.
The total deposits and withdrawals will reflect the net absolute profits we will receive after terminating this particular account.
Thank you for your patience. We will keep you informed of the new account again.
Summary
- +4.91%
- Abs. Gain:+4.91%
- Daily:0.03%
- Monthly:0.92%
- Drawdown:13.47%
- Balance:S$0.00
- Equity:(0%) S$0.00
- Highest:(Mar 22) S$3457.58
- Profit:S$136.16
- Interest:-S$75.45
- Deposits:S$2770.63
- Withdrawals:S$2906.79
- Updated:54 Minutes ago
- Tracking
