Comments on: DEV Managed Forex - Moderate Performance, 5K Minimum

By: admin

admin — Fri, 04 Apr 2008 07:18:47 +0000

Thanks for this quite detailed comment Ross. I hate missing bit trades myself which seems to be frequent in many MAs. It’s typical for the automated trading systems, but I thought DEV was not automated

By: ross

ross — Fri, 04 Apr 2008 03:51:36 +0000

I did join the DEV 3 months ago. It was OK I guess until I started paying attention to what was happening. Well there hasn’t been any losses or major DD’s. But there is a huge degree of sloppiness involved. I have seen my account going up for a couple of hundred bucks to finally end up in a loss for the same trades. Yesterday for example had 6 Short positions open EUR/USD for around 1.5696. price moved down to 1.5509 and backup again to now for 1.5662. well PFG as usual had some technical problems and I couldn’t monitor my account for hours. but just as I check the daily report guess what “all trades were closed with an small loss”. in my case it should of been at least 4% profit if the trader had closed trades on time. it is hard to wait for the price to turn on you for 190 pips and you just sit and do nothing. it is the second time that this happens. it is significant because trader does not trade often. I feel like an idiot getting involved in this money making game for the shitty brokers. I am going to close account. I believe one of these days it will eventually go to a big loss.

Good luck.
Ross.

By: admin

admin — Sun, 30 Mar 2008 09:42:42 +0000

What’s the minimum in this FTK Capitol, BB?

By: BB

BB — Sat, 29 Mar 2008 22:34:30 +0000

FYI: Sentiment Fund - had small losses for Dec 2007 & Jan.2008.
I joined FTK Capitol LLC via FXCM and have experienced about 14% in 6 weeks . Their trader is called Searchlight.

By: Managed Forex Accounts » Blog Archive » Managed Trading Accounts News And Updates

Mon, 10 Mar 2008 10:25:01 +0000

[...] the time I reviewed DEV I was not yet sure if it’s any good, but I am getting more and more convinced it is. Besides that it’s results are updated [...]

By: admin

admin — Sat, 24 Nov 2007 10:10:18 +0000

Hey nice to see you here, Sha, thanks for the additional info.

By: sha

sha — Sat, 24 Nov 2007 03:07:54 +0000

Thank you for mentioning us (managedforexpro.com) in your blog. Apart from DEV, we are working with couple of very good experienced local traders. We hope to open their managed accounts to public in the next couple of months after we run some initial test accounts ourselves. You can follow my blog (linked on our site) on regular updates on the account performance (including draw downs). By the way, we also offer Sentiment Fund at a reduced 1% management fee instead of 2% fee. This is a very good managed account in my opinion and I have put a big chunk of own money into it. The minimum will be raised to $5K from $1K on December 1 by FXCM.

By: admin

admin — Thu, 22 Nov 2007 19:06:33 +0000

You are right Buzz, these both still accept just 1k. Galleon is very volatile last few weeks though, I hope they’ll get more stable soon

By: Buzz

Buzz — Thu, 22 Nov 2007 17:00:54 +0000

Hi,

I think at the moment you can enter into forex managed funds for a min. of $1000 at GalleonFx and FXCM Sentiment Aggressive Fund.

Both performing quite well though risks exist at all time.

Cheers !

Buzz