Welcome To TFP
| TFP Transparent Forex Profits LLC Forex Investment Performance |
.............Not every month will be a big winner. But TFP distinguished itself from other managers. We admit to our client losses. *
..In September, 2007, TFP posted a 10% Drawdown for the month. TFP does not make excuses, but we make it our business to
..................................................know the reasons. In this instance, the reasons are straightforward.
..In September, 2007, TFP posted a 10% Drawdown for the month. TFP does not make excuses, but we make it our business to
..................................................know the reasons. In this instance, the reasons are straightforward.
On Friday Sept 7, 2007, the USDJPY market spiked rapidly lower as the 5 minute chart above indicates. From about
115.40 to 114.40--all in less than 5 minutes. TFP's management program had pending hedge positions for our open
Buy positions, but the dealer could not fill them at the levels we specified {114.70}, and finally filled these positions
at 114.00, resulting in substantial losses for our clients.
This slippage is entirely beyond TFP's control. Nevertheless, it goes on our record, and we live by our basic
standard of transparency for our clients and the public. For the quarter, TFP clients are nearly 25% richer.
Unfortunately, clients cannot always wait for the next quarter and TFP reported a 10% monthly loss for September.
TFP means Transparent Forex Profits. It also means transparency for occasions when losses may occur.
Our clients have come to expect transparency from TF P
If you would like to discuss TFP's performance record please call our office at
727-667-7120 {US}.
115.40 to 114.40--all in less than 5 minutes. TFP's management program had pending hedge positions for our open
Buy positions, but the dealer could not fill them at the levels we specified {114.70}, and finally filled these positions
at 114.00, resulting in substantial losses for our clients.
This slippage is entirely beyond TFP's control. Nevertheless, it goes on our record, and we live by our basic
standard of transparency for our clients and the public. For the quarter, TFP clients are nearly 25% richer.
Unfortunately, clients cannot always wait for the next quarter and TFP reported a 10% monthly loss for September.
TFP means Transparent Forex Profits. It also means transparency for occasions when losses may occur.
Our clients have come to expect transparency from TF P
If you would like to discuss TFP's performance record please call our office at
727-667-7120 {US}.
| Past Results Are Not Necessarily Indicative of Future Resultsc _________________ |