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.
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.
posted by Managed Forex Pro at
12:32 AM
0 Comments
Bloglines
Google
MyYahoo!
MyAOL
del.icio.us
Digg
Furl
Reddit
BlinkList
Technorati