Saturday, April 12, 2008

Managed forex accounts update

by Managed Forex Pro
It has become a cliche, but yes, Devrim did it again. Devrim managed account at PFG pulled out of the drawdown and is down less than 1% for the month now. Still has a position on over the weekend with some unrealized profit. It looks like that he will probably continue his winning streak again this month.

SEN is down 2.5% in April.

QFX traded for couple of days, made small profit. Found out that the commission was not applied correctly, working with the broker to set it straight.

007 is up 0.6% month to date. Up 2.6% overall since Jan 23.

My tiny test account at Oanda for the trader I talked about in the last blog started trading. He put on a 150 unit position in a $98 account, up 2.3% in a day with this low leverage catching the drop in gbp/jpy. Most traders call this a 1.5:1 leverage, that is incorrect. In reality, it is 3:1 since 1 GBP is roughly 2 USD. Still thinking of a name for this one, I will call it "WON" for now.

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