More recovery in DEV account
by Managed Forex Pro
DEV 2X managed account is now down less than 1% at the end of today. With three more days to go in May, I sure hope it can end the month in positive territory again.
Sentiment has been sitting near low point in drawdown for a long time. Will remove it from portfolio soon. It was not a disaster as far as drawdown goes, but it lasted too long and time is money.
No trade in QFX. Getting the web page ready for it.
WON up fraction of a percent. The trader will trade small $1K test accounts for up to 3 months before the $5K minimum kicks in.
007 hitting new lows for a few days in a row. Lost over 2% today. Peak-to-valley drawdown reached 18.7%, down 15.54% in May, and lost 12.39% overall since Jan 23, the start of the program at current broker. It was touted as low risk, low drawdown managed account, but it looks like we can slowly bleed to death this way. Ready to abandon ship with my test account.
Sentiment has been sitting near low point in drawdown for a long time. Will remove it from portfolio soon. It was not a disaster as far as drawdown goes, but it lasted too long and time is money.
No trade in QFX. Getting the web page ready for it.
WON up fraction of a percent. The trader will trade small $1K test accounts for up to 3 months before the $5K minimum kicks in.
007 hitting new lows for a few days in a row. Lost over 2% today. Peak-to-valley drawdown reached 18.7%, down 15.54% in May, and lost 12.39% overall since Jan 23, the start of the program at current broker. It was touted as low risk, low drawdown managed account, but it looks like we can slowly bleed to death this way. Ready to abandon ship with my test account.
Labels: 007, devrim, forex managed account, managed forex accounts, QFX, Sentiment, WON
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posted by Managed Forex Pro at
10:29 PM
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5 Comments:
Glad I didn't invest in 007. Someone on forexpeacearmy.com said it best, "Robert is going to need to change his marketing material if he is honest"
Any experience with http://www.rovecapital.com ?
Hi Joe, thanks for dropping by. Just started Rove test. Will observe it for some time first.
Anyone know about the managed accounts at Dukascopy?
Hi Suntorn,
Sabaii dee kop!
Dukascopy has on-site MFAs that are quite conservative but performance fees can eat up a lot of the profits in many of them. Dukas has many independent FX traders there, some appear good, but many are not. We've tried to do serious business @ Dukascopy, but its never worked out for us. We are picky and there are some questionable things that go on there. It's FX...Lol
Chok dee Khun Suntorn!
Brett
Thanks for your comments, Brett.
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