Discuss AcmeHedge.com

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[Czechdaytrader]

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 !

 

[RahmanSL]

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??

 

[Acme Hedge]

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

 

[traianpavel]

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

thanks

 

[bod riley]

Wow account is at 48% equity.

Acme Hedge - Aggressive System | Myfxbook


No stoploss on another Account Manager.

 

[bod riley]

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

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

What suppose to happen when 20% drawdown is reached?

 

[bod riley]

Now at 40% equity. -- Acme Hedge - Aggressive System | Myfxbook

when is enough?

 

[bod riley]

wow. And Equity recovered.

What a suicidal money manager.

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

 

[Acme Hedge]

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...