Marquez Comelab's Trading Systems

Frequently-Asked Questions (FAQs)

Am I able to see the trades my account is in?

Yes, you can see open positions as well as open profits and losses in real-time.

Do I have access to any reports?

Yes, you have access to transaction and trade activity reports in real-time.

Can I request to cancel the arrangement at anytime?

Yes. Simply make the request. Marquez will need to reproportion the open positions before being able to approve the request. This is done usually on the weekends when Marquez can close all his trades to de-allocate your account and reproportion his trades to the remaining accounts.

How much does it cost for this?

An incentive fee of 20% of the monthly trading profits applies. There are no fees in losing months.

I am concerned about the security of my account?

Your trading account remains under your name with Oanda. Oanda does not allow unauthorised access to your accounts.

What system is used to these FXManager accounts?

Marquez will be trading his Galileo Trading System in his FXManager accounts. However, he will be using variable risk-growth factors which he sees fit to try and increase returns whilst keeping drawdown levels around 10% to 20% mark.

How many FXManager trading accounts does he have?

Marquez has four trading accounts under FXManager; one for each of the following home currency pairs:

1. Australian Dollar (for Australian clients)

2. US Dollar (for US clients)

3. Great British Pound (for UK clients)

4. Euro (for European clients)

How Much Do I Need In My Account To Be Eligible?

The minimum account size to participate are as follows:

1. American Eagle Trading Account: 1000 USDs

2. Australian Kangaroo Trading Account: 1000 AUDs

3. British Bulldog Trading Account: 500 GBPs

4. European Lion Trading Account: 500 EURs

What sort of performance should I expect?

We do not want to make promises as to how the market will behave or how Marquez's systems will perform. We provide you with data and information gathered from system tests and how the systems themselves are progressing, however, ultimately, it is up to you to derive your own conclusions from them.

These FXManager accounts only began trading on Monday 28th of April 2008. We expect their results to be similar since they all use the same system and the same position-sizing algorithm. For reporting purposes, a client account had been created. Its activities and trading results will be published on this website regularly as they become available.

Where can I read more about FXManager and how it works?

Please follow this link to Oanda's website: FXManager.

Is this a registered investment scheme?

In its early days, there is no requirement to register this scheme until it has a certain number of clients. Regardless, we would like to emphasize the following important information to avoid any misunderstandings, we refer you to our DISCLAIMER, which is as follows:

Forex trading has large potential rewards, but also large potential risk. Trading and investing are speculative and include risk of loss. You must be aware of the risks and be willing to accept them before participating in any market. Trading in foreign exchange is not suitable for many members of the public. You must carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources and other relevant circumstances. If you require expert advice that is specific to your needs, objectives, financial resources and other relevant circumstances, you should seek the services of a professional person near you. The information published in this site is provided with the understanding that the author is not engaged in rendering professional services. How Marquez trades and what he trades may not be right for you. They certainly are not, and should not be, taken as financial advice. It may not be personally specific, relevant, useful or appropriate for your needs. Therefore, nothing in this website shall be deemed a solicitation or an offer for you to open or close any contract or transaction. If you choose to trade on any information you find on this website, you are acknowledging that any profit or loss is entirely your responsibility.
It should not be assumed that the methods, techniques, indicators, systems and strategies presented will be profitable or that they will not result in losses. The markets continually change and trading systems and methods do not work forever. Past results, actual or hypothetical, are not necessarily indicative of future results. Hypothetical or simulated performance results have certain limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
The performance records have been calculated in a manner we believe to be reasonable and is based on the respective leverage factors intended to be used. Prospective investors must recognize that any simulation of a hypothetical record, even when based on actual trading systems, with qualified trade execution, has inherent limitations. We believe that the records as presented should be of interest to investors in determining whether to participate, such rates of return should by no means be taken as an indication of how the system will perform or would have performed, even given the same trades. Any performance record compiled from individual performance records of any trading methodologies has certain hypothetical and artificial characteristics and must be evaluated accordingly.

Marquez Comelab and all persons involved in updating this site makes every effort to provide accurate, useful, reliable and complete information. However, Marquez Comelab and all persons involved in updating this site provides no warranty, expressed or implied, as to the timeliness, accuracy, usefulness, reliability or completeness of all information and data provided in this site. To continuously improve the quality of this website, all data and information are subject to change without prior notice. Email admin@marquezcomelab.com to advise us of any areas of our site where errors may have been made and we will endeavour to review that particular information.
This website cannot disclose all the risks and other significant aspects of the foreign exchange markets and trading in general. You should therefore carefully study all documents and trading materials before you participate.

More Questions:

We would be happy to answer any more of your enquiries: admin@marquezcomelab.com.