It would also be nice if you could explain how your system works. Is it a martingale, hedge, trend catcher?

Your'e going to need more than 3 months and a backtest to garner a greedy 15% cut in managed funds.

Looking at your statement, one can see that your MM and RRR are up the duff facing the wrong way. On average 60 pip stops and taking only 10 - 15 pips profit? Recipe for disaster.

I have better systems than that.

Good luck.

Pilot

Good observation Sky. I didn't even notice that!

I'm interested to invest in FxManager Managed Account.Do you know anybody that have provide this service?Searching for trader with proven track record and with no minimum initial deposit.Must use FxManager of Oanda.Please sent me your 6 month LIVE trading result.I need screen shoot of the statement.

I've moved your post to here.

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I would like to seek some advice on how best to set up a Managed Accounts for investors. What is the best approach and what are the steps needed to set up one.

My situation is like this:

The account will be set up under the investors' name. But the account will be managed completely by the trader (or sometimes called a remisier) who will place trades on behalf of the investor. The remisier must have complete control over the investor's account, be it manual, semi, or fully automated trading.

If the investor wishes to withdraw his/her funds, the remisier will automatically get an agreed percentage of the withdrawal, while the balance will be transferred directly to the investor's bank account.

Which MT4 broker that is best and suitable for this? Please give your opinion and legalities on setting up such a partnership between the investor and the remisier.

There are several options for that.

I think that many MT4 brokers offer PAMM or LAMM options in order to manage several accounts. I am not able to recommend any of them specifically.

An other option, if MT4 is not mandatory for you, is to do it with Oanda using their FxManager application where you can define different fee schemas.

In all cases the investor and the manager have to sign a power of attorney in order for the manager to get the access rights to the investor account.

I wanted to tell you about a solid managed forex account to you that fits our investor needs. Here are the results.

Up 18.33% in 2008
2007 made 80.52%
With max open drawdown of 16.66%
Minimum is 10k.
Fee is 25%

Hey is ranked one of the top 10 currency traders by Barclays. So this is no mom and pop shop.

Please let me know if you would like more information.

Can you post a link to read the Barclay analysis. Sounds too good to be true.

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To say the truth, 80% profit in one year with a drawdown of 16% doesn't sound soo good to me, anyway tnx very much

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