Managed Forex Accounts

Well, Devrim decided to take another trade yesterday, which surprised me a bit as I thought he was done for the month two weeks ago. Maybe it was too good a trade to pass up. My 2X DEV account is up about 1.5% on that trade. Up 6.8% or so for the month.

Going to our first live seminar session tomorrow. It is in north San Francisco bay area, about 1.5 hours of drive from my south bay location.

Sentiment has some nice recovery. The SEN accounts are up 8% for the month. My patience is paying off a little. Hope it can continue the climb as it is still off quite a bit from the peak.

QFX should start trading next week, with a fairly large account from my partner as the first account. Previous test account statement can be found here. It started at $25K.

007 has not been doing well in March, off a bit more. About -3.6% for the month. First managed account has less than 1% profit left since Jan 23. The good thing about this program is its low daily risk, which is less than 3% on any day so far. Its long term profitability remains to be seen.

Labels: devrim, forex managed account, managed forex accounts

No trade in Devrim account last week as I suspected. And not much movement in Sentiment Aggressive either, up 2.5% for the month. Look forward to seeing Devrim on video conference in our live seminar.

Our account funds arrived at PFG. Hope to start QFX trading soon.

007 was down a bit last week. Our test account still has 1% profit. Month to date number is -1.3%. In the two months since the inception of the managed account at current broker on Jan 23, the account is up 3% overall. It is probably unrealistic to expect the same performance numbers achieved previously in the Oanda account, because it did not have the 2pip trading commission.

Labels: devrim, forex managed account, managed forex accounts

Devrim had another profitable week. He did take some heat during the week as he was shorting EUR/USD, but was able to close all positions on Friday in profit. My 2X DEV account is up 5.3% in March. It is possible that he might not trade again this month, as the profit is close to his monthly target. contact us for daily account statements.

Sentiment is still in a drawdown. My SEN accounts are up only couple of percent for the month at this moment.

Our 007 test account started last week. Up 3.1% due to good timing as the trader had a small drawdown before that. The trader is up 0.83% month to date. The first managed account at current broker started on Jan 23, and is up 5.3% overall.

Transferring our own account to PFG to setup QFX. Agreed on a fee structure with the broker, hope to start the trading soon.

Labels: devrim, forex managed account, managed forex accounts

Devrim traded Wednesday through Friday last week, and my 2X DEV account is up 3%. He is still the best trader that I have seen. PFG Devrim daily statements from my own account now available upon request, contact us if you would like to check them out.

Sentiment Aggressive recovered a few percent last week, still off a lot from the peak.

Getting 007 test account started next week, submitted paperwork last Friday. It is about break even in March.

Still talking to the broker to setup QFX.

Labels: devrim, forex managed account, managed forex accounts

Devrim finished February with 5.66% profit in 2X accounts at PFG. His risk management this month has been impressive. We are planning a free live seminar in San Francisco's North Bay Area Friday March 28th & Sunday the 30th. We will have Devrim do a Q&A session through video conferencing. The Managing Director and some staff from Devrim's own trading firm will fly over from Boston to participate in our seminar.

Sentiment aggressive account performance has been disappointing this month, down about 15% in February. My first SEN account is down 8.5% overall since Oct 23, 2007. My other IRA accounts that were opened a bit later are down more, close to 20%. It is really testing my patience now. I need to see some positive action in March.

Trying to setup QFX (I called it LCB in previous blog) at PFG. Will see how this process goes as we have positive expectations. This kind of things always take longer than expected.

Been watching "007" on the side line, will start my own test account next week as the initial impression is good so far.

Labels: devrim, forex managed account, managed forex accounts