Managed Forex Account

If you are looking for an automated forex trading system that could compliment your own trading, free up some of your valuable time or potentially enhance your IRA (retirement funds) read on: -

Our managed forex account is designed for larger accounts that wish to have their funds auto traded through our mechanical forex system. I have literally reviewed hundreds of forex systems and money managers looking for a good system. A forex system that I would feel comfortable recommending to my clients. One major benefit of a mechanical/automated system is that unlike people, they don't have FEAR and GREED, which are the 2 major components that cause people to lose money trading their own accounts. Automated systems have "Balls of Steel", they trade according to pre set rules. They do what they are told to.

Over an extended period we have been developing a 100% mechanical forex trading system that trades strictly on an Intraday basis, where all trades are closed before midnight of each trading day, allowing for complete freedom of client account balance movement.

It has been a long road and contrary to all of the hype, optimised results, and clever marketing ploys found freely on the internet, creating a genuine automated mechanical forex system that works faultlessly through all market scenarios is no small task. There are in fact, an almost unlimited number of potential pitfalls that most are completely unaware of.

In May 2007 we started to test our automated forex system with live funds, and an adventurous group of client funds through Velocity 4X. We have been developing it continuously ever since. At that time, a third party MAM (multi account manager) software through Velocity4X was the only option we could find to trade multiple client accounts utilizing a complex Metatrader Forex System such as ours.

A rough ride was endured by all, during the period from September to Jan 2008. The rough ride was not due to losses. The rough ride was due to constant dissapointments and missed opportunities from other peoples "technical difficulties" that were beyond our control. We suffered from constant freezes in the feed, incorrect allocation of profits, the trading server was changed no less than 4 times, we suffered long periods of inactivity while technicians fixed what seemed to be a never ending stream of bugs and issues.

After Velocity4X failed to meet the new, "higher" net capital requirement introduced by the NFA, we had to re-write the automated system to allow for a floating spread 5th digit feed after having our accounts moved across to Forex.com. Another long downtime while we had to re test the system on the new feed at Forex.com.

Having encountered all these issues we still generated profits in excess of 20% since September 2007, net of all fees.

Now that we are working with what we feel is a reliable feed and a superb back office at forex.com, we are confident the issues we endured previously are behind us. So far that has certainly been the case during live trading, therefore we are prepared to market this opportunity to all of our customers.