 Contact Info
Company News
|
Forexpros.com Exclusive Interview with Riz Khan - Chief Currency Strategist of UG Markets
What is your name and position?
Riz Khan - Chief Currency Strategist
What is your professional background?
My professional background began as an I.T. Project Manager. Then eight years ago I moved on to trading the financial markets. I have had a vast amount of experience in both the instruments traded and the styles of trading.
I have traded Equities, Futures, Commodities, Forex. My methods of execution have been stocks, single stock futures, futures, CFD’s and options. I have experience in day trading, swing trading and position trading.
Personally, I have found that day trading returns the best "instant" results, while Forex markets contain the most liquidity - hence I specialize in Day Trading the Forex Markets.
Who is your targeted audience?
Individuals and Institutions.
We target those individuals who are really looking for a steady passive income, and a smooth growing equity curve.
How would you best describe your company's clientele?
We have a number of wealthy private investors and a small but growing number of institutional investors. Additionally, many individual traders utilize our signals to invest their own private funds.
What is the minimum deposit you require?
We have clients ranging from $1000 to over $100,000. Due to the sophisticated software supplied by our brokers - which allows for distributed position sizing based on the client's account size - we can now allow for a minimum entry of $1000.
What are your main advantages over your competitors?
We have a number of advantages over our competitors:
* Our Maximum Draw Down is small compared to those of many of our competitors
* We day trade the Forex markets which means our results are available to our clients quicker for their personal analysis. They may then quickly decide if they are happy with the system results or not.
* We use leading market indicators, allowing us to zoom in on the turning points and keep our stops small
* Our past performance equity curve is smooth, not erratic. This means, yes, we have losses, but they are not surge losses followed by huge wins as with many other systems, rather they contribute to a smooth growing equity curve.
* We are the only fund manager that allows our clients to trial run our fund management service with a demo account and get a feel for system before they invest any real assets. It’s extremely important to understand the equity curve personality of a system; to understand if it whipsaws around, if it is a steady upward curve or if it stays flat then jumps up.
Can you talk a little about the fund management trading strategy?
Our strategy is a combination of GANN, Fibonacci, and Pivot points, to determine where support and resistance may be. Our technical analysis is very different from most other services as we use leading indicators allowing us to zoom in on the turning point, providing smaller risk and larger reward opportunities.
Can you describe your risk management strategy?
With every trade we place an Entry, Exit and Profit Target allowing us to asses the risk involved in every trade.
Our strategy differs from those of most other companies, as their strategies require waiting for indicators to respond before they exit, thus suffering large losses as market continues to plunge.
What is your response to people who claim that FOREX Funds are high risk?
It is our view that everything is risky, no investment is guaranteed. Whether it be FOREX, equities, futures, commodities, bonds, or interest rates. The buying and selling decisions are always made ultimately by a person, or by a system which was developed by a person. Either way the back bone of the fund is always human. It’s the individual and his personal money management proceedings which define the risk, not the system in which it is invested.
What single piece of advice would you most like to give over to the fund seeking investor?
Be diligent and research everything you can about the fund - including the fund managers personality, the trading strategy adopted, the personality of the equity curve for that system, which instruments are traded and what the method of execution is. Be prepared for the worst case scenario and pre-determine an exit point, where by you pre-define how much money you are willing to lose before you pull your money out.
Forex Funds are not for everyone, you need to ensure you understand and are comfortable with the investment type.
Find a fund whose equity curve personality matches your individual personality.
|
Report an Error
Print
