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NSFG – Bad Start in 2007
Tags: NSFG.Paul, NSFG updates
Hi there everyone,
Well I am afraid that 2007 did not start well for us, we had several position that were hit very badly on our intraday trades because the market had not returned to full liquidity and after the first week we were about 19-20% down.
This was due to a combination of the trades being to highly leveraged and the market not being at full liquidity which meant that the typical support and resistance levels were simply not there and the trades all turned.
We have been working on a more long-term strategy for a while now, which involves trading the daily setups to avoid the intraday noise. This event caused to pause and look into bringing this forward. We are happy that we have done so because the daily trading style provides far lower risk and catches a lot more large moves and we have done very well using since this event.
It does suffer from a drawback, which is that it does not always get the most optimum entry that would get on a trade were you sitting there watching like a hawk, this is not actually a bad thing as often market moves retrace on the first, second push so it is far better to miss the first handful of pips to be sure than the move will continue than get in early only for the market to not actually move this time at all.
It has been these false moves that have caught us out time and time again, when the market moves then its great, but over the longer term these excellent trades are counter-balanced by those that moved then reversed.
This way of trading is much safer, much more secure and provides far more stability for everyone’s accounts.
Since this has been incepted we have had 4 weeks of successful results (this being the 4th week) of +50 pips, +142 pips and +146 pips. We were able to recover some from the early loss, as the above figures indicate, and get it down to –15.6% for the Month of January, not an ideal start by any means!
We are however continuing forward and are up +3% already for February and expect to move well beyond this.
We expect that by continuing in this steady and conservative fashion that we will complete Q1 in profit and move forward into the remainder of the year with consistent results.
2007 has started badly, however this first month loss resulted in us changing to this style then we are very confident that this is going to be a very good year.
If you have any questions, please do let me know and statements are going to be going out shortly.
Paul
Popularity: 1% [?]
Pfff, their recovery plan simply won’t work. I’d better had withdrawn immediately after the last problems instead giving another try
I had done that a few months back and didn’t look back. It’s better to know when to cut loss when it comes to investments like this. Transparency was a big issue when they hid the truth from us.
Yeah, i pulled the lil bit i had left whatever that is! I thought i would see how 2007 would start, guess its a long term plan, but i just dont have the confidence in kens trading, and not sure that paul is suitably knowledgeable about international money management. For me, i think they should have given more time to hone their skills, and i should have given them a year with just the min in the pool and see how they preform… we live and learn!
Well at least the good news is, they didnt closed shops yet. They are now grabbing their last straw, if the new strategy fails its all over. They need a miracle now to survive, but they are not dead yet.
For those who don’t know who I am check out the following link concerning NSFG:
http://www.hyipdiscussion.com/showthread.php?t=30809
MrBarlow,
I appreciate your knowledge, effort and time on investigation, but unless you invested in NSFG with personal contract between you and them, what you are trying to do at this stage is not fair to us existing members, IMO.
Please don’t forget that NSFG is still in operation.
Your action could only bring negative result, to all the parties involved.
You can at least wait until (if and when) they announce closure, can’t you?
If you MUST take action now for any reason, please be kindly sure not to affect existing members.
I agree with yuko on this Barlow.
What you are doing might be jeopardizing what’s left of members current funds in NSFG now. Might wanna take another option instead of taking legal action against them.
If Mr. Barlow was doing anything more than grandstanding he would have simply made all the reports he threatened to make.
There is no excuse for the posts he is making… it helps no one, including any police investigation.
Saying “I want to help people” is utter rubbish… if he calls the authorities as threatened, in private, then everyone would receive the same ‘benefit’ as telling the world first.
I’m a licensed private investigator too… and I would be ashamed to post the half investigated hogwash ‘Mr Barlow’ has.
At least confirm the facts properly if you want act like super sleuth.
CS65 actually did a proper job of checking out the seizure story and managed to confirm it… this half assed attempt at stirring up trouble is pathetic.
HH
Mr Barlow is selfish. Aren’t we all?
I’d say he has every right to do what he wants. All we can do is to advise him NOT to. Why? Oh well, because we’re selfish as well. 
Lol, somewhat makes sense… Greedy and Selfish are friends, aren’t they?
But also we all have “common sense” or if that’s a stranger in Hyip land
then there is “limit”.
And what about “risk” that, we all have come to learn at some point,
is involved in ANYwhere, in any form in Hyip world?
I won’t go further but it’s ironic that P&K get such bashing when hundreds of scam-intended ponzi walk away freely.
Hi HH… you’re not “Opti” here?
I’ve read the conversations between you and MrBarlow at HYIPD.
Good for you keeping that calm as always.
If I was to act selfish on this matter I would send a Yakuza to MrBarlow to stop what he’s doing. Oops.
Go ahead and call me selfish. Everyone had a chance to investigate NSFG and take their own action. I’m surprised that someone didn’t do this before me. From what I’ve seen on various forums there are too many hyipers bashing each other about and accomplishing nothing except endlessly flapping their lips. I’m getting out of hyips as it all feels too cultish and unreal. People, like mindless sheep, subject themselves to a groupthink mentality while making pariahs out of those who decide not to tow the party line. I’m going back to the real world of Warren-Buffet-style investing. That, to me, is common sense and something many hyipers with a get-rich-quick mentality seem to not understand. Before some of you backbiting, gossiping individuals point your fingers at me look at yourselves. Paul robbed you and then lied to you via fictitous account statements. Now that he’s thrown you a scrap from the master’s table some of you are tripping over one another to proclaim this as evidence of a fortuitous turnaround- a ‘new’ NSFG in the making. If I was a selfish bastard as many make me out to be then my actions would have been done in secret. That way I’d get my money back at other investors expense and you would all be left ‘holding the bag’. I decided that a class-action lawsuit would be the best and most cost-effective means for all participating investors to not only get some much needed justice but to perhaps get some or all of their money back. Part of my investment was stolen so I have the right use any legal means to get it back. For those of you who wish to stay with P&K after what they have done you deserve to lose what’s left of your money. As for the rest you can still get out since legal action is still months away.