FXCM Managed Accounts

[BryanC]

what was you DD on friday? I saw a 7.5% dd

[ahefner33]

Originally Posted by LasVegasForex

Maybe you are just among the 95% that fail and need a scapegoat...:eek

I get so sick of people blaming their broker for thier lack of ability....
This is what children do...

thank you...

[rdobbs]

Hmm... December through today Sentiment Aggressive is down 4.63% and Sentiment is down 2.5%

Their charts show Sentiment Aggressive down 1.81% and Sentiment down a mere 0.87% for December.

Caveat Emptor

[Batman3298]

I was also looking into FXCM managed account.
With this type of feedback on their recent performances, I will hold off on doing this.

I really appreciate people providing their experiences and input.

[RCProAm]

The Sentiment Aggressive Fund had a drawdown of over 8% today alone!

Since investing in mid-November my account is down about 15%. This most certainly exceeds their stated max equity drawdown of 11.18%. So far January has seen several large, single-day drawdowns significantly overtaking the meager returns.

Ah well, at least stocks have not faired any better this week

[rdobbs]

Yup, Aggressive is down 20%!!!

Urrghh... When should I stop the bleeding? This is abusrd!

[RCProAm]

The Sentiment Aggressive Fund finally made it back in the black today... I think this is the first time in about a month!

[leithtec]

Because FXCM is so large, one segment of their managed Forex accounts is by way of EA's (actual live trader's with time tested and proven strategies) signaling trades for paying customer's thru an alternate "signal providing company". I happen to be one of these EA's (expert advisers) providing signals for one of these companies. The handful of us EA's (about 25 active and consistently profitable) get paid handsomely for providing these trading signals on the Forex Markets that we specialize in. As far as I'm aware, the company that I'm providing signals to (the second largest signals provider Globally) provides the client's of FXCM (among others). I can assure you that the Signal's providing Company that I am with is very legitimate with a strict code of boundaries that we as representatives of the Company must abide by. Many many Trader's are weeded out during the qualifying period before going active. Not just anyone can do this. Errors that may be encountered during active (managed) Trading, in my opinion, would most likely be thru the host providing the Quotes and Charts. The Company that I'm with allows the Client purchasing the service to view all of the EA's trackrecord and Trading history before choosing one or laying any money down for Signals. Leith.

[alan003]

thanks for keeping us updated... has anyone tried with dealsjamaica? they have 5% payout each month

[mwilliamson]

Hi everyone,
I have had a Sentiment Aggressive account open with FXCM since late November. It has shown small gains of 2%-3% from day to day, but always ends up losing that and more. It currently stands at a 5% loss since I opened the account. I am going to give it probably 1yr. before I decide what to do. If FXCM comes out with more data showing gains over the last 2 months then I plan to immediately pull out my funds, because my account has not shown any gains. I knew going in that this was high risk with the possibility of high reward so I used funds that I can do without. Maybe I just got into the FXCM managed account at the wrong time.
mwilliamson