4% Monthly or no performance fee - Managed Forex Service

Update: I am not taking new clients for a while. I will continue to update the thread with my trades.

Last month Performance (May): 39.65%
YTD Performance: 80.73%
For full performance please visit www.123-forex.com

Myfxbook account: http://www.myfxbook.com/members/123f...forexcom/24666

Hello everybody,

About my service:
My performance fee is 30% calculated at the end of the month under high watermark principles. I guarantee that if my performance is lower than 4% net in any month i will refund you the fee. Minimum investment is $10.000 but i do allow a two month period with a lower amount. I only work with one broker for now (oanda).

About my trading style:
I am a day trader. I trade mostly eur/usd but i may put trades on other pairs. I'm a "naked chart" trader. I don't use indicators i only use price and recent action.

Targeted monthly ROI: 15%
Targeted maximum drawdown: 5% from peak to valley and 3% from beginning of the month balance.

About me
I am a trader with 3 years experience in forex market and i have recently started a managed forex service.

I will be presenting here all my trades as i put them on as well as updated performance.

PS If you have any questions please ask them on this thread.

First trade of the month:
Shorted yesterday eur/usd, still going on.
SHORT EUR/USD @ 1.32061 with SL initially at 1.32381 and now @ 1.32193

Placed pending order on g/u: Short @ 1.5160 with SL @ 1.5206. Risk 1%. Triggered.

Moved SL on eur/usd trade at 1.3053.

closed eu @ 1.2890 - 316 pips
closed gu @ 1.5091 - 69 pips

Pending order valid 3 hours: long eur/usd @ 1.2872, sl @ 1.2840 tp 1.2940. risk 1%. triggered

stopped out @ 1.2840 - 32

Hello.
Can you make public monitoring of your performance of live or demo account at www.myfxbook.com ?

Or can you send real statements upon request?


Thank you.

hello,
i have a "broadcaster" account with myfxbook which is at http://www.myfxbook.com/members/123f...forexcom/24666 and i can also send statements.

ps: myfxbook doesn't seems to go along well with oanda - i need to manually update account with transaction history each time i have a new trade. it still shows two open trades which i've closed long time ago and profit is not showing well also. or maybe that's my experience and i am doing something wrong.

long eu @ 1.27972, sl @ 1.27467 tp@ 1.28226. risk 2%

tp'ed @ 1.28226. +25. done for the day.

pending order short eu @ 1.2815 sl @ 1.284 tp 1.2765 trailing 20 risk 1% valid 3 hours ... cancelled order

entered long e/u @ 1.27898 sl@ 1.27639 tp@ 1.28149. risk 1%.
comment: i don't usually target 1:1 risk reward but since we are in a strong trend down i am being cautious about contra trend trades at least until i see a clear start of a retracement.

modified tp @ 1.2828 and sl @ break even

closed trade @ 1.28227 +32

sell eu @ 1.26913 sl@ 1.27174 . stopped out. -25

sell eu @ 1.2724 sl @ 1.2788 tp@ 1.2615 risk 2.5 ... modified risk to 1%.

chart update

stopped out -64. done trading for the week. it has been a really interesting week filled with opportunities ... it seems i was out of sync for the last part of it. oh well ... there's always next day/week/month.

total for the week 10,7%

sell order eu @1.3095 sl @ 1.3135 tp @ 1.2935 risk 1%

modified order @ 1.3085 and sl @ 1.3125