Managed Forex Accounts

I observed some pattern of DEV. He has an internal performance target, which is around 5% net return for the leverage level I chose. Once that is reached, he would either trade very little or trading might stop completely until the new month. My account has 8.3% gain since open, about 1% gain for the week. It still has a tiny open position right now. I don't think we will see much activity till the end of the month.

AKM first went up more and then dropped back further when USD continued to weaken. One step forward and two steps backward. The account is still up 20.8% for October.

We have a new listing on our site: SEN. This is the FXCM Sentiment Aggressive Fund. Accounts opened through us receive a lower 1% management fee, instead of regular 2% fee. This is our way of saying thank you to our clients. The Sentiment Aggressive Fund was started in July. FXCM also offers a more conservative Sentiment Fund, at about half the leverage. The Sentiment Fund has a 12 month live account track record. This managed account uses a contrarian strategy developed by FXCM in house, similar to the COT (Commitment of Traders) trading strategy. When most small speculators are taking one position, it takes the opposite position because most of them will lose. As one of the largest forex brokers out there, FXCM is in a unique position to gauge retail traders' sentiment. It also employs another strategy for range bound markets, taking advantage of over bought and over sold conditions. The fund is relatively conservative, with the largest open draw down less than 5% for Sentiment Fund in its one year history. The $1000 minimum makes it easily accessible to many small investors who otherwise do not have a choice of good performing managed forex accounts. My own account has been traded for a week, up 0.66% so far. Normally we would have waited much longer after we start our own live account before introducing a managed account to our clients. But in this case, we do trust the track record supplied directly by FXCM.