Yossarian Escobedo
Yossarian Escobedo
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8+ años
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Senior Strategy Analyst en ScorpionFX
Hello,

My name is Joe Lastre and I am the Senior Trading Manager for ScorpionFX LLC.


ABOUT OUR COMPANY:

- We have been in business since 1995 and have almost 30 years of institutional experience in the foreign exchange industry.
- We own the Guinness World Record for the most consecutive winning trades in a row (1,426 consecutive winning trades).
- We are (by far) the largest and most experienced company offering products on this platform.
- Our backgrounds include algorithmic, quantitative, macro and high-frequency trading.
- We work with institutional clients and high net worth investors from all over the world.


OUR APPROACH AND PERSPECTIVE TOWARD THE MARKET:

Our company has been involved in the currency markets since the mid 1990's. And for almost 30 years, we have assisted
our clients navigate through a multitude of dramatic market swings (both up and down). Including numerous geopolitical events,
central bank interventions, natural disasters, flash crashes etc.

As well as several large-scale events that have sent shockwaves throughout the financial markets. Causing unprecedented
volatility and leading to significant losses for large-scale institutions and investors around the world.

Here are just a few:

- Collapse of Barings Bank (1995)
- Asian financial crisis (1997)
- Default of the Russian government (1998)
- Collapse of LTCM (1998)
- Collapse of the Dot.com bubble (2000 - 2002)
- Terrorist attacks of September 11th (2001)
- Housing and Banking crisis (2008 - 2009)
- Yield curve control by central banks globally (2009 - Present)
- SNB removal of Swiss Franc peg to the Euro (2015)
- Global market crash due to Covid pandemic (2020)
- Meme stocks, NFT's and crypto mania (2020 - Present)
- Global inflationary spikes (2021 - Present)
- Conflict in Ukraine (2022)
- Failures of First Republic, Signature and Silicon Valley banks (2023)

Again, these are just a FEW of the biggest events that have rattled the financial markets in the last 25 years.

And all of these experiences have taught us humility and respect for the market. As we know (first-hand) that
there are no holy-grails and anything can happen at any time. And we are fully aware that our success depends
(to a very high degree) on 4 specific factors:

1) You MUST have a statistical edge.
2) You MUST be disciplined with your risk-management (control your losses).
3) You MUST be disciplined with your position-sizing (don't trade too big).
4) You MUST have patience and be able to control your emotions.


So please, do yourself a favor and ignore all the hype and all the nonsense that you see online.
NOBODY has a magic indicator or a magic EA. And NOBODY gets rich in this industry overnight.

Below, I am including a link to a very short introduction video (5 minutes), which will provide a brief synopsis
of our trading principles and our approach to the market. And feel free to reach out if you have any questions
or if there is anything that we can assist with.


Thank you very much for your time and I wish you the best of luck on your trading journey!


------------------------------------------------------------------------
Introduction Video

https://www.youtube.com/watch?v=Ir0ckeTdBD4
------------------------------------------------------------------------


Respectfully,

Joe Lastre

Senior Trading Manager
ScorpionFX LLC.

1001 Brickell Bay Drive, Miami FL. 33131
Support@ScorpionFX.com