Managed Forex Commentary

Opinions on Different Forex Managers

   

Forex Risk Disclosure Statement


Forex (FX) trading carries a high level of risk and is not suitable for all investors. Forex can be traded with a high degree of leverage, which can work for you as well as against you, and it is possible to loss more than you invest. You should only invest funds that you can afford to lose and do not need to support yourself or your family. You should carefully consider all risks involved with forex trading as well as your financial situation, investment objectives, and risk tolerance before investing. Forex is traded over-the-counter (OTC) and not on a regulated Exchange.
Be aware that the blog owners may or may not be compensated by the companies and managers discussed.
Data obtained and discussed on this blog is from sources believed to be reliable. The accuracy, completeness, timeliness or correct sequencing of the information, however, is not guaranteed by CurrencyCTAs. This is not a solicitation or an offer. Prospective clients interested in opening an account, giving power of attorney to any of the discussed programs must first obtain that advisor's most recent disclosure documentation.

Past performance is not necessarily indicative of future results.

Archive for the ‘ForexMx’ Category

Manager watch, delays

By admin • Apr 1st, 2008 • Category: 007, Devrim, ForexMx, HVB, ICT, PR Program, Paskewitz, SPCM, Zone

Delays delays.  Working to get set up still for SPCM and PR Program.  PR have been getting some pushback on our brokerage choice, so going back to them with that info, seeing what we can do.  Would be terrific to get them trading at a non-pip adding FCM if possible.  Ideally we’ll have them at […]



Good info on Alternative Investments

By admin • Mar 28th, 2008 • Category: 007, Armada, CBM, ForexMx, SPCM

Heard, or was reminded rather, that 007’s got a couple pips added starting this month, probably why the discrepancy between the last six months’ numbers and this months performance.
ForexMx off 4% yesterday, ugh, back to 10% down.  Armada still struggling to get rolling.
SPCM very close to being ready at PFG, they are down a bit […]



Devrim up some more on the month

By admin • Mar 27th, 2008 • Category: 007, Bankedge, BlendedFX, Devrim, ForexMx, HVB, PR Program

Thought Devrim was done for the month - gained close to a percent the last two days, he’s flat again, position-wise.  Like to see that.  Puts him up well over 3% on the month gross.  He takes risk, but it’s worked for him so far.
ForexMx looking good, up 2.6% yesterday, happy to see it.  I still […]



New Programs

By admin • Mar 25th, 2008 • Category: 007, Armada, ForexMx, James B, SPCM

Cranking through these new groups - lots of promise.  PR Program, SPCM, and then Antonio’s programs, UFX.    Sounds like SPCM even days away, PR Prgram a couple weeks, same for UFX. 
Had some good meetings today and good calls.  Sounds like Armada is still working out some bumpiness.  007 off 1.5% or so on the month, […]



Trading

By admin • Mar 20th, 2008 • Category: 007, ForexMx

Spent a good bit of the day trading equities.  007 I hear is off a percent on the month.  May be fees affecting performance?  Not sure.  Performance is different than it has been the last 6-7 months.  Looking forward to seeing how it does.  Could just be the volatility of the markets, has been through […]



Back in Chicago

By admin • Mar 19th, 2008 • Category: ForexMx

Back home, in the saddle.  Recovering from my sunburn.
Had meetings with institutions most of the day so not much followup.  Worked on some automated equities trading deals, all good.  Also got a new, fast computer in.  Followed up with Jamaicans and work we’re building.
Healy is offering to do a tiny account at Oanda - that’s terrific.  […]



ICT

By admin • Mar 18th, 2008 • Category: 007, Armada, Aussie, Devrim, ForexMx, ICT, James B, SPCM, Seymour, Swanson, Zone

ICT or International Currency Traders has managed to lose near 100% of my friend’s clients’ capital I am told, I didn’t speak with him about it until they were already invested.  ICT lost a good bit of money they were trading for me a few years back.
On that note we are consulting with that particular IB on Forex […]



Craziness

By admin • Mar 17th, 2008 • Category: Armada, Devrim, ForexMx, SPCM, Seymour

Nuttiness in the markets with Bear Stearns and others, MF Global rumors too??  Wow.
 Heard from a handful of guys today, Swanson hurt, back to flat on the week after a strong monday.  Devrim on the sidelines.  Armada live now and trading, made money its first day, Friday.  ForexMx recovery, andwe now have visibility to his […]



Trading, manager visit

By admin • Mar 12th, 2008 • Category: Armada, Bankedge, BlendedFX, CBM, Devrim, ForexMx, HVB, James B, PR Program, SPCM

Headed down to visit HVB manager today, very impressive, straight shooter, no sales or negatives.  My big money fellow I brought along was suitably impressed and felt the same.
Off to Jamaica tomorrow, getting documents and knowledge compiled to share with them.  We can help them make their clients money, it will be fun to meet […]



Volatile markets

By admin • Mar 11th, 2008 • Category: Alderon, Armada, Aussie, BlendedFX, Devrim, ForexMx, James B

Volatility is crazy out there.  Treats some well, hurts others.  Blended off, painful for his robotic systems.  Devrim up today, no trading yesterday, good for him, he loves this kind of activity.  I consider him a mix of systematic and discretionary.  Alderon off, still have visibility on an account of theirs, not sure why I […]