News letter on April 18, 2008 

We are down 7.85% for the week. Please check our performance record at http://www.forex-ma.com/performance-records.html .

If you read Forex broker's trading agreement, you should find the following or similar sentences:

• The risk of loss in trading Forex contracts can be substantial...
• Forex trading can result in rapid and total loses in a volatile market...
• It's not possible to foresee all risks in advance...
• Guarantees of profit or freedom from loss are impossible...
• No "safe" trading system has ever been devised, and no once can guarantee profits or freedom from loss. No once can even guarantee to limit the extent of losses.

You should now understand better all of these risk warnings after a losing week we just have. Anyone who wants to trade Forex with us or invest in the Forex managed account must be willing and able to assume the financial risks and only trade or invest with money he/she can afford to lose.

We are at -7.85% this week or +10.92% so far this month. However, if you join us on April 17, your account is suffering a 13% drawdown which can be substantial if you are trading money that you can not afford to lose. That is why our trader always reminds our clients to only trade with risk capital in our live conference room.

As Forex traders who are trading the Forex market for profits, especially, when one is subscribing to a service because of the profitable track records, certainly don?t enjoy losing trades. Unfortunately, losing trades happen to every trader at some time. The ability to accept losing trades as part of Forex trading process and deal with them with the correct attitudes is the main tenet of a successful Forex trader.

Day trading in a volatile market can be very profitable yet requires strong psychological mindset. To be a long term profitable Forex day trader, one should be 100% discipline at all the time with sound risk management system. If you can risk 4-10% per day for 5-10% daily profits, you may want to consider to trade from a live conference room with our trader who has the experiences and discipline to be one of the top Forex traders.