Forex Fund Manager Real Account Stopped test
05.26.11 Forex Fund Manager Real test stopped due to owner "not supporting any testing for the momment as we are staying out for retail trading"...
We appreciate Forex-Fund-Manager.com sharing their Live account performance with Forex Peace Army audience!
Description of the Service and Strategy provided by Forex-Fund-Manager.com:
Forex Fund Manager offers High-return Forex investing and professional management. The key objective of Forex Fund Manager is to maximize capital growth while managing risks. To control risk we are using strict, emotion free, money and risk management settings (S/L & T/P). Market knowledge is the essential foundation to anyone trading success, followed by a sound psychological profile, trading strategies and the necessary tools and facilities to run successful business environment. Forex Fund Manager offers three managed account options for investors. Each program follows the same investment strategy, but differs in the amount of maximum risk taken for each position. It is up to every investor to choose level of risk he is willing to take - conservative, moderate & agressive. We have also introduced 30 day test option, as we found it a best way for our clients to make a proper due dilligence of our services.
FPA warning: As per the trading statement SL of 500 points are used, which is in our opinion is too large to protect the account, also some sort of Martingale strategy (at least 8 levels as we count) is utilized which greatly increases the risks.
Please note that this is "cent" account and therefore initial deposit is EUR 500
Statement E-Global Trade & Finance Group, Inc.
Closed Transactions:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Close Time | Price Close | Commission | Taxes | Swap | Profit | Pips |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48194068 | 2010-09-21 03:55 | balance | Deposit from 2457475 | 50,000.00 | 0 | |||||||||
| 49368511 | 2010-10-06 08:40 | sell | 0.01 | gbpusd | 1.58640 | 1.63640 | 1.58570 | 2010-10-06 17:50 | 1.58570 | 0.00 | 0.00 | -0.09 | 0.50 | 7 |
| 49404109 | 2010-10-06 14:32 | sell | 0.02 | gbpusd | 1.58840 | 1.63840 | 1.58570 | 2010-10-06 17:50 | 1.58570 | 0.00 | 0.00 | -0.18 | 3.88 | 27 |
| 49328132 | 2010-10-06 03:30 | buy | 0.01 | audjpy | 81.13 | 76.13 | 81.14 | 2010-10-06 19:30 | 81.14 | 0.00 | 0.00 | 0.16 | 0.09 | 1 |
| 49392363 | 2010-10-06 11:33 | buy | 0.02 | audjpy | 80.97 | 75.97 | 81.14 | 2010-10-06 19:30 | 81.14 | 0.00 | 0.00 | 0.32 | 2.94 | 17 |
| 49399471 | 2010-10-06 12:59 | buy | 0.10 | eurusd | 1.39310 | 1.38360 | 1.39210 | 2010-10-06 22:45 | 1.39210 | 0.00 | 0.00 | -0.55 | -7.18 | -10 |
| View full statement | ||||||||||||||
| 69561859 | 2011-04-14 06:05 | sell | 0.01 | eurusd | 1.43740 | 1.49740 | 1.43840 | 2011-04-14 12:10 | 1.44920 | 0.00 | 0.00 | 0.00 | -8.14 | -118 |
| 69570561 | 2011-04-14 07:03 | sell | 0.02 | eurusd | 1.43980 | 1.49980 | 1.43840 | 2011-04-14 12:10 | 1.44910 | 0.00 | 0.00 | 0.00 | -12.84 | -93 |
| 69576674 | 2011-04-14 07:41 | sell | 0.03 | eurusd | 1.44180 | 1.50180 | 1.43840 | 2011-04-14 12:10 | 1.44910 | 0.00 | 0.00 | 0.00 | -15.11 | -73 |
| 69588072 | 2011-04-14 08:58 | sell | 0.05 | eurusd | 1.44380 | 1.50380 | 1.43840 | 2011-04-14 12:10 | 1.44910 | 0.00 | 0.00 | 0.00 | -18.29 | -53 |
| 69596221 | 2011-04-14 09:31 | buy | 0.01 | gbpusd | 1.63800 | 1.57800 | 1.63990 | 2011-04-14 12:10 | 1.63500 | 0.00 | 0.00 | 0.00 | -2.07 | -30 |
| 69613737 | 2011-04-14 11:24 | sell | 0.05 | audcad | 1.01260 | 1.07260 | 1.00640 | 2011-04-14 12:10 | 1.01370 | 0.00 | 0.00 | 0.00 | -3.95 | -11 |
| 69615748 | 2011-04-14 11:33 | buy | 0.01 | eurusd | 1.44960 | 1.38960 | 1.45310 | 2011-04-14 12:10 | 1.44900 | 0.00 | 0.00 | 0.00 | -0.41 | -6 |
| 0.00 | 0.00 | -1,539.66 | 2,830.82 | -18,730 | ||||||||||
| Closed P/L: | 1,291.16 | |||||||||||||
Open Trades:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Price | Commission | Taxes | Swap | Profit | Pips | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hidden by owner to prevent copying | ||||||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0 | ||||||||||
| Floating P/L: | 0 | |||||||||||||
Working Orders:
| Ticket | Open Time | Type | Size | Item | Price Open | S / L | T / P | Market Price | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hidden by owner to prevent copying | ||||||||||||||
Summary:
| Deposit/Withdrawal: | 51,765.99 | Credit Facility: | 0.00 | ||
|---|---|---|---|---|---|
| Closed Trade P/L: | 1,291.16 | Floating P/L: | 0.00 | Margin: | 0.00 |
| Balance: | 53,057.15 | Equity: | 53,057.15 | Free Margin: | 53,057.15 |
Details:
| Gross Profit: | 77,669.62 | Gross Loss: | -76,378.46 | Total Net Profit: | 1,291.16 |
|---|---|---|---|---|---|
| Profit Factor: | -1.02 | Expected Payoff: | 0.28 | ||
| Absolute Drawdown: | 3,534.90 | Maximal Drawdown: | 27,210.99 (33.90%) | Relative Drawdown: | 33.90% (27,210.99) |
| Total Trades: | 4689 | Short Positions (won %): | 2443 (70.65%) | Long Positions (won %): | 2246 (70.21%) |
| Profit Trades (% of total): | 3303 (70.44%) | Loss trades (% of total): | 1386 (29.56%) | ||
| Largest | profit trade: | 3,143.62 | loss trade: | -10,741.62 | |
| Average | profit trade: | 23.51 | loss trade: | -55.11 | |
| Maximum | consecutive wins ($): | 35 (357.87) | consecutive losses ($): | 24 (-3,402.21) | |
| Maximal | consecutive profit (count): | 3,143.62 (1) | consecutive loss (count): | -26,706.82 (13) | |
| Average | consecutive wins: | 5 | consecutive losses: | 2 | |