Managed Forex Investing

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 lose 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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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.

By admin • Aug 19th, 2008 • Category: Devrim, Genoa, HVB, Mcelhaney, Triton, UFX

Not a whole ton of movement going on the last few days.

Rove still off about 5%, Opulen (Forex System Research - Opulen is the name at a new broker he may be added to) off about 14% for me since beginning. Devrim also still about the same. Genoa still the same. UFX the same, he’s on vacation. Dog days of August. My buddy who lives in New York (he runs one of those automated trading firms that makes money nearly every day I’ve talked about in the past) emailed me that NYC is a ghost town, NYSE volume super-light as most are on vacation.

HVB up slightly.

Triton not started back up - working on it.

007 I haven’t heard - anybody know?

Have a handful of new names to research from dealing desks and such. A friend is flying out to NY to meet with one I passed off to him a few days ago that looks promising.

A word on McElhannon as somebody commented on - yes he certainly does pump his programs that are doing well while not mentioning the drawdowns. Marketing and human nature - what trader ever sends out or even tells anybody they did exceptionally poorly? Not defending him, just saying I think it’s normal. would be great to have actual money in all his programs and see them live each day and be able to report unbiased on it - that’s our whole point here. I have some accounts - need to get access, will work on that.

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