I was quite surprised to hear of this, but nonetheless I’d like to congratulate the GalleonFX crew for achieving this distinction. I hope they keep this performance level up because my account is sure liking it 🙂 Here is a copy of the e-mail they sent out to members:
In the November 2007 Issue of Currency Trader Magazine, Galleon is Ranked as the number 1 performing Managed Currency account for the month of September
The ranking shows Galleon out doing the competition by a long shot which we expect to be seeing more of.
The data Currency Trader Magazine is drawing on was taken from the Barclay Hedge database of funds to which we recently started submitting our results to.
Keep in mind that the other top 10 managers ranked on this page nearly all have minimums between $50,000 and $100,000 while at the time of this posting, Galleon is still currently offering a $1000 minimum.
Though our performance has been rocky this year, more recent changes, we feel, have stabilized our systems for more consistent returns. Our October 18.2% month should also get us ranked in the next issue of this magazine and if we can maintain our current November momentum, we are good for another month as well.
At this point, being one week into November accounts are hovering between 3-5% for the month of November with a good chance of a breakout before the month is over.
Below you will find an excerpt of page 34 from the November 2007 Issue of Currency Trader Magazine which can also be found at (http://www.currencytradermag.com).
Currency Trader Magazine recieves their data from Barclay here: http://www.barclayhedge.com
Now that we have been submitting our results for public ranking, we expect to be ranked in such publications more often