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Looking for a recession and inflation proof investment? Do the equity markets have your portfolio doing the limbo? Do you want to be excited about investing again? Perhaps a Forex Managed Account is the right choice for you. For more information write to; fx.hoy.capital.management@gmail.com
"Money makes the world go around, we just help keep it spinning"

FX What?

FX Hoy Capital Management was conceived in order to address the lack of profitable non-equity linked investments in today's financial marketplace. Over the past few years, as during other periods of slow economic growth coupled with ever increasing commodity costs, many investors have had a tough time seeing any positive gains on their portfolios. Equity linked securities, bonds, notes, mutual funds, as well as real estate backed portfolio's do not bode well in this scenario.

Investing in the Spot Currency Market, or the Forex (Foreign Exchange) Market, has many benefits, not limited to the fact that currencies are both recession and inflation proof. Regardless of the current economic outlook a Country's Currency (Major World Currencies GBP/USD/JPY/CHF/EUR) will always be a positive tangible asset.

The Forex market is the largest and most liquid market in the world. Even if you are a novice investor surely you have read about the trillions of dollars that change hands within this market on a daily basis and the fact that it is considered the “wild west” of the investment world, due to it's relative newness to retail investors and lack of a central trading or clearing house as with equity markets. This market can be very exciting to trade, however it can also be very scary. Only a small amount of traders actually make money within the forex market, let FX Hoy Capital Management help you become one of those traders.

A Managed Forex Account with FX Hoy Capital Management seeks to provide it's investors with the three most basic and sought after benefits one should look for in any investment; Transparency, Control, Profitability.


FX Who?

From a one trader in his den operation FX Hoy Capital Management has grown into a multi-national on-line firm comprised of several full time traders, a systems operations specialist, and a seasoned business administrator, all of whom are focused on our primary goal; 100% client satisfaction.

Our managed account program allows individual investors to take part in our trading success. Currency trading serves today’s investors as an excellent way to diversify one's porfolio. Our aim is to significantly outperform major indices, money market accounts, CDs, and mutual funds.

FX Hoy Capital Management is based in Mexico and has active traders in both the USA and Canada. All of FX Hoy's principals trade their own personal accounts using the same strategies applied to our Managed Account portfolios.

Monday, July 7, 2008

Short or Long? Neither. Shong.

One of the most useful tools in FX trading is the ability to hedge your positions. In my trading I use this technique often when dealing with a ranging market with no clear direction, which as the case may be, has been occurring more and more frequently with the GJ.

Now while the concept is simple enough, the act of hedging is not for the novice, as you can get into a hole very quickly. I am not saying that hedging is right for everyone and every trading methodology, however when it comes to MY trading, especially on the GJ, hedging is a must.

As our readers should already know we have been testing the Oanda FXManager platform for the past few weeks and I must say I do like the platform, however they do not offer hedging, which I found out the other day by accident. In trying to open a long position to hedge an underwater short my original short position was closed giving me a quick 100 pip loss. I assumed, quite stupidly, that it was a mistake. A few hours later I started to read through some of the Oanda web site and noticed hedging is not allowed. Ouch....

This may get in the way of us offering this platform as an alternative to FXCM which would be a shame as all in all I do like Oanda and some of the features they offer are not available anywhere else.

I will post any decisions we come to regarding Oanda, but for now we will continue to demo trade our FXManager account with them as we try and figure out a solution to the Shong issue.

Posted by FX Hoy Capital Management at 8:59 PM
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