Mixed results in forex accounts
by Managed Forex Pro
Devrim down more, 30-40% again in 2X accounts for June if he still holds the same position overnight, as the market continues to go against the positions. Hate to think that Friday is another news day and more volatility is expected in the account. Really don't like seeing so much risk in a trade. Maybe it is time to stop loss for me. This account should not be leveraged. At 1X, the risk is ok, but the reward is a bit low relative to risk.
Only another small profitable trade in QFXMA since last update.
WON trades came back into profit, up about 3% at this time. We will see if it ends the month with a profit or loss with two more trading days. It will probably be moderate either way.
Only another small profitable trade in QFXMA since last update.
WON trades came back into profit, up about 3% at this time. We will see if it ends the month with a profit or loss with two more trading days. It will probably be moderate either way.
Labels: devrim, forex managed account, managed forex accounts, qfxma, WON
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posted by Managed Forex Pro at
2:20 AM
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7 Comments:
What kind of gain did WON do for June?
Sha,
How do you guys calculate the performance of any trader? -14% doesn't seem right to me for DEV?
Wigmaster,
WON made 3.1% in June. QFXMA made 1.6% in 1X, 4.8% in 3X accounts.
Alan,
We calculate our numbers based on the several live accounts @ PFG that partners in MFP maintain...PFG is where we refer the majority of our DEV clients to...
I meant the actual calculation! Isn't it the difference of end of the month minus the last high watermark divided by last high watermark?
alan,
14.9% was for Dev 1X. the drawdown last month was almost 30% for 2X account. Yes, it is based on high watermark. What number do YOU see?
40% down.
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