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AcmeHedge.com

Discussion in 'Managed Accounts' started by Administrator, Feb 17, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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  2. Czechdaytrader

    Czechdaytrader Recruit

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    Great ROI , but few issues...

    Systematic returns looks great , there is no doubt .

    What would be an issue if investing in such Manager is :
    1. There are no Contact informations . Very important to know the people before You invest.

    2. ACME Managers are obviously not being Broker connected as an IB or External Managers (Managers of accounts). For me not a good sign as i have seen many people trying to start Their FX MA business like this before.

    3. 50% Profit Share requires high potential return every month (no exception), otherwise You end up with 0 or minus + Brokers commission . There is no words on how Performance share model is calculated- for example High Watermark !!

    4. Based on the Myfxbook statistics : Not enough data just yet to believe system is long term profitable . Excessive Drawdown . If 15% of floating DD is the top, where the account will be closed for further trading , than it is extremelly risky .

    5. 100 000 k deposit migth be a good sign for some, but if manager deposits and withdraw most of it within just few weeks , then it is loosing it statistical meaning.

    Good thing about ACME !
    1. They share Their live acct. summary

    2. They are here at FPA to prove their profitability and understand , that in case of any issues, they will be complains from clients to read in here.


    Since i have been around this business for quite some time, i have seen many of similar Managers , which mostly failed . I hope ACME is not one of them and They will prove it .

    I wish them ,and all their potential clients many profitable months to come !;)
     
  3. RahmanSL

    RahmanSL Major

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    Looking at the Account Statement ending 3/Mar/2011, I see only 2 trades x1 lot each traded and closed on AUD/USD for total profits of usd246.00

    After seeing how you guys "whacked" 3 very large lot size trades (135.20, 193.30, & 253.60) previously, I was expecting the same yesterday but am very surprised (and disappointed) that you did not "whacked' the AUD/USD yesterday (3/Mar/2011) as it was extremely tradable on "Sell" orders.

    Any explanation for missing out??
     
  4. Acme Hedge

    Acme Hedge AcmeHedge.com Representative

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    Earlier big lots were taken to compensate the losses. That was possible because we had 300:1 Leverage those days. Anyway now a days we don't trade big lots. We only hedge four currencies based on the correlation and make some decent profit with low risk. The maximum draw down is 20%. But nothing to worry... As the positions are hedged, a big loss won't happen. If you have any questions, feel free to contact me at info@acmehedge.com
     
  5. traianpavel

    traianpavel Private

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    are you a regulated trader?
    ACME is regulated by any authorities?

    thanks
     
  6. bod riley

    bod riley Private

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  7. bod riley

    bod riley Private

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    The hedging is suppose to offset the added risk among the 4 currencies trades right?

    What suppose to happen when 20% drawdown is reached?
     
  8. bod riley

    bod riley Private

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  9. bod riley

    bod riley Private

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    wow. And Equity recovered.

    What a suicidal money manager.

    60% Drawdown. You can see the drawdown on the Myfxbook balance graph
     
  10. Acme Hedge

    Acme Hedge AcmeHedge.com Representative

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    Since it is our account, we left the draw down higher. If it is client's account automatically it would have stopped at 20% draw down. We take risk only on our accounts. The major draw down happened because of the japanese earthquake...
     
: acmehedge

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