About MegaTrade101.com
| 15 June 2009
MegaTrade101.com is composed of a group of independent investors involved in the export and import business of basic agricultural commodities in Asia, Europe and the United States since the early 1970s. The exposure to international banks dealing in Foreign exchange rates for letters of credit have led MegaTrade101.com and its investors to identify the need to protect profit margins in these products against international price fluctuations of foreign currency which is directly related.
Due to the length of experience in this field, the independent investors of MegaTrade101.com have decided to include the Foreign Exchange Market as part of the investment portfolio because of the co-relationship of its business with the market. And during the course of business, hedging strategies were part of the trading process that led to a more lucrative way of applying financial engineering with the export and import business that started back in the 70s. It is more on the process of hedging prices than speculating in the market. However, the method of speculation came when most payments made by client / buyers were held in the currency of choice in different accounts. And upon realiizing that interest rates and exchange rate fluctuations makes a dramatic change when reconverted to other currrency rates, it was the right mixture to integrate it with the business.
Until the day came when most of the transactions were settled in different Foreign exchange rates which was in the limelight. With these experiences, which has brought tremendous opportunities to add to the profit margins dealing with export prices. The company has learned to apply most of its trading techniques with the foreign exchange direct conversions that gave a more meaningful bottomline at the end of each quarter.
The birth of MegaTrade101.com came to realization when each independent investors decided to continue its trading practises in Foreign Exchange trading because of the long relationship it has established with the interbank market until today. And its aim now; is to provide a better understanding and orientation of the Foreign Exchange market to other individual investors trading the market. The experiences and knowledge gained over the years have been the belief that it is the ideal way of trading with the combined strategy of direct conversions and the appropriate method of hedging. This is what MegaTrade101 wants to share through the website and ebook that would be release soon.
However, MegaTrade101.com does not accept funds from clients / investors other than its own although, on a case to case basis can manage investment portfolio with the direct particpation of the clients / investors while trading the Forex market only with a reputable interbank instituion that provides FX dealing services for the protection and security of funds. Any inquiries relating to this matter shall be coursed through this website at info@megatrade101.com and shall be addressed only by an authorized representative of MegaTrade101.
MegaTrade101 does not make any representations of guarantee that it would be the same with other investors. In essence, those investors who would want to particpate in the Forex market should first consult and seriously consider their financial conditions before getting themselves into foreign exchange Trading.
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