Thanks to turbobiz for the update on FreedomRocks, a popular hedging forex system. NFA is clamping hard now as of my other posts on market makers and systems that promotes growing wealth without mentioning of the downsides of trading.
For the info of everyone not participating in FreedomRocks… Info on public forums will be harder to get.
Any discussion/updates on trading and product has now been banned by FR as the NFA are clamping down very hard….Apparantly it is black and white from the NFA… comply with the rules or cease trading.
No doubt there will be more info to come but the way it stands right now is..
There should be no mention of forex trading or product in connection with the name FreedomRocks.
This has come about because there are too many people out there who only want to talk about the gains but fail to mention the risks and potential losses.
My blog on FR has had to go (even though I was never shy of listing my bad weeks and stating the risks involved) and FR compliance are now purging others off the net.
On balance it is good that FR is taking such direct action as they want to be the 100% acountable to the NFA and this should ensure the longevity of the Company.
Best wishes
Mike
hi turbobiz, i would like to thank you for your blog as i have found your unbiased week by week account useful i am not a member of FR but it is a system that intrigues me and i would like to see how it progress in the longer term , will you be able to post in any forums in the future? thanks
i think he took it down already. probably he might want to consider a password protected blog where he could update everyone on his FR status. hmm, now that’s an idea!