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Integrity Performance Diversification
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Managed Forex Accounts
July numbers of managed forex accounts
by
Managed Forex Pro
PSN ended July with a small drawdown -0.52%. The maximum drawdown during the month was -2.75%. YTD net total is at +18.56%. PFG statement can be found
here. Detailed info on the program is
here.
WON is up 1.88% for July, with trades still open. YTD Net is at +7.69% after all fees.
ROV ended the month gaining 1.56%, YTD Net is +9.2%.
PSN is essentially a day trading program, while
WON and
ROV use longer term trades. July was relatively a low volatility month for all programs.
Contact us for more info on the managed forex accounts.
Managed account performance for June
by
Managed Forex Pro
We are very pleased to offer our
PSN program at PFG. We finished our first full month trading at PFG in June, up 2.98%. We are currently up 0.35% this month. The program trades conservatively and has tight risk management. Our goal is to achieve 25%-30% net return to investors annually with less than 15% drawdown. We are quite confident we could achieve that, although there can be no guarantees in forex trading. Details about the program can be found
here.
ROV had a small drawdown in June, -1.23%.
WON was virtually flat in terms of account equity for the month of June (-0.02%). It is currently down 7.8% for this month, mostly floating loss.
Contact us for more info on the managed forex accounts.
Forex managed accounts update
by
Managed Forex Pro
Here is an update on the managed forex accounts that is way overdue, as I have been very busy.
ROV has seen modest gains after switching to longer term strategy: March +1.1%, April +0.39%, May up a nice 8.22%. My test account has been open for a little over a year by now. It is currently up about 11% overall for the entire period. Not too bad considering the drawdowns have been quite moderate.
WON entered some long term positions in March and held onto it for close to 2 months. During that period, we saw a maximum drawdown on open trades of a bit over 20%. The results for the past three months are: -9.2%, -0.9%, +16%. Gross profit is around 10% YTD before performance fee. I have said this before, that I am not a big fan of these long term trades. It could work if the leverage is reduced even more, but the swing is a bit too high for my taste as it is. I have communicated that to the trader.
We just launched a new program
PSN at PFG on MT4 platform. This will be a day trading program with tight risk control. No overnight positions and the stop loss on each trade will be around 2% or less. We will have a web page for the program shortly, with our 7 month live records from Oanda.
Labels: forex managed account, managed forex accounts, psn, rov, WON
Contact us for more info on the managed forex accounts.
Managed forex accounts update
by
Managed Forex Pro
Our
WON managed account traded conservatively and is up about 2.9% in Feb. I like our trader's new trading style this year, using shorter duration trades and low leverage which results in low account volatility. While the profits are moderate with this style, I consider the risk adjusted return to be excellent. We will be raising the minimum investment level again, to $25K starting next month. We want this account to have low risk and longevity, and dealing with too many small accounts is just not worthwhile for the administrative work.
ROV traded very lightly, down a fraction of a percent.
I have been testing another trader for the past 4/5 months. The good thing about his trading is that he hardly uses any leverage, and hard stops on every trade. He could not concentrate on my account for the first few months due to other commitments, but still managed to break even with low drawdowns. He told me he would focus more on my account about 1 week ago, and has since produced over 10% profit with very little open trade drawdown, none realized. Hope he can keep up with this kind of trading.
I have two other live test accounts with my IRA, both in moderate drawdowns. I am hopeful about both, as they have good discipline as well, using moderate leverage and hard stops.
Contact us for more info on the managed forex accounts.
Jan Forex account performance
by
Managed Forex Pro
Contact us for more info on the managed forex accounts.
Forex managed account results
by
Managed Forex Pro
Our
WON managed account started trading again last week. The accounts are up 3% with a few closed short term trades. These trades are more "my cup of tea", compared to the long term trades.
ROV is flat this month, no trading. They are modifying their trading strategy from intraday to longer term.
QFXMA left a large position open over a weekend earlier this month and resulted in a large open drawdown, although that particular trade recovery later. We feel that if a trader violates the risk management rule once, he will likely do it again. So we are removing it from the list. The base account is down 16% for the month.
Checking out a few promising traders, nothing concrete to report yet.
Contact us for more info on the managed forex accounts.
Managed forex accounts results for Dec 2008
by
Managed Forex Pro
Happy New Year!
QFXMA finished December with 1.82% gain.
ROV had another month with moderate draw down, -3.28%. I have 3% profit left in my test account which started in May 2008. Hope they are just going through a tough period with their system under current market conditions. Not concerned about this one as long as it continues to stick to moderate risk and low account volatility.
WON stopped trading before Christmas and was up an impressive 32.53% for December. Trading should resume shortly in the new year.
We are currently testing several other traders. Looking forward to a prosperous 2009 for all.
Contact us for more info on the managed forex accounts.
It should be understood that currency trading on margin involves substantial levels of risk, and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Before deciding to engage in foreign currency exchange one should carefully consider one's investment objectives, level of experience, and risk appetite. There is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is also subject to unusually high risk. Only discretionary funds should be placed at risk and anyone who does not have such funds should not participate in foreign currencies markets. Currency trading is not suitable for everyone.
Past performance is not indicative of future results, as returns may vary according to market conditions.
This is not a solicitation to invest and you should carefully consider your financial situation as to the suitability to your situation prior to making any investment or entering into any transaction.
If you have any doubts, we recommend seeking further advice from a qualified independent financial advisor.
No representation is being made that participating in the suggested trading programs will necessarily lead to profit.
Investors may incur a series of consecutive losses and substantial equity drawdowns that can deplete their funds before the occurrence of any meaningful profit accumulation.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
RISK DISCLOSURE Trading foreign exchange carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
DISCLAIMER All information provided by this website is the result of reasonable efforts to obtain reliable content from third parties believed to be accurate. However, there may be delays, omissions or inaccuracies in such information. We do not warrant the accuracy, timeliness, suitability, completeness, or relevance for a particular purpose of the information available through this website. The User's correspondence, transactions or other dealings with any Third Party available through this website are between the User and such Third Party. We do not monitor the correspondence between any Third Parties and Users and shall have no liability in relation to any dispute which the User may have with any Third Party. We do not endorse and are not responsible or liable for any content, advertising, products or other materials on or available from Third Parties. Past performance is not indicative of future results. This website does not provide information on accounts that trade currency futures or currency options. The content of this website is in no way a solicitation to invest in or buy/sell securities.
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