Managed Forex, Forex Traders

Managed Forex Commentary

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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.
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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 them and work with them.  I’m very much looking forward to it.

 As for our traders, I hear 007 is flat so far this month, still liking them however don’t have an account as of yet.  SPCM it sounds is getting close, that’s a very institutional quality product in my mind, one of the best I’ve seen in terms of risk control, they take it very seriously.  The manager deals with the creme de la creme of asset managers and is bringing on assets exceedingly fast, quite a coup to be able to get in to a product like that for such a small investment in my humble opinion.  All dependent and waitingon one bank.  Armada still waiting on to go live, arg.  Devrim to new highs today after slipping a percent or two midday, fun to watch him trade and fun to have money with him.  Blended spanked back to flat on the month in the last few days he tells me, I like that he shares the losing days as well as the winners, good sign.  Bankedge went positive for a bit, now back negative.  Swingers.  CBM was up solid on the month, apparently has given it back.  ForexMx off to a terrible start, off 12% if I’m reading the statments correctly, really hate to see that, especially right out of the gate.  This is never a good sign especially with them cutting off our visibility to the main account the day after we saw discrepancies between ours and theirs.  Not saying, I’m just saying…  makes one unhappy.  Agreements in the works for PR Program, lawyer has them.  A few weeks until he’s back from vacation/honeymoon, so looking forward to that one going live.

Added a blog or two to the blogroll, Sha Lu’s doing some similar things to us, good reading, mostly the same guys we have but some others that may be interesting to some.

I’ll be back for sure online next Wednesday, but will do my best to post between now and then.


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