Fxcm Managed Forex Account, Advice Needed |
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 Nov 22 2007, 06:02 AM
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Group: Member
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Hello, I was pointed in the direction of FXCM by a friend who trades forex and he told me about a new fund FCM has opened, the Sentimental Agressive Fund has given a return of 35% after fees for the 4 months since inception in July, the following link gives a bit of history on the fund http://www.fxcm.com/managed-funds/SystemPerformance?id=81 , I was just wondering how risky it is to open a managed account with such a site. I just got excited when I saw the high returns but high return always mean high risk, last month the fund gave a +15% return before fee's! Any advice or information related would be great, thx
This post has been edited by strikerzebra: Nov 22 2007, 06:11 AM
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Dec 4 2007, 01:30 PM
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QUOTE(strikerzebra @ Nov 22 2007, 09:02 AM) [snapback]4505540[/snapback] Hello, I was pointed in the direction of FXCM by a friend who trades forex and he told me about a new fund FCM has opened, the Sentimental Agressive Fund has given a return of 35% after fees for the 4 months since inception in July, the following link gives a bit of history on the fund http://www.fxcm.com/managed-funds/SystemPerformance?id=81 , I was just wondering how risky it is to open a managed account with such a site. I just got excited when I saw the high returns but high return always mean high risk, last month the fund gave a +15% return before fee's! Any advice or information related would be great, thx I own a company that almost exclusively sells this fund to local residents here. Personally I have roughly $14,300 in the fund.
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Dec 6 2007, 04:47 AM
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QUOTE(strikerzebra @ Nov 22 2007, 06:02 AM) [snapback]4505540[/snapback] Hello, I was pointed in the direction of FXCM by a friend who trades forex and he told me about a new fund FCM has opened, the Sentimental Agressive Fund has given a return of 35% after fees for the 4 months since inception in July, the following link gives a bit of history on the fund http://www.fxcm.com/managed-funds/SystemPerformance?id=81 , I was just wondering how risky it is to open a managed account with such a site. I just got excited when I saw the high returns but high return always mean high risk, last month the fund gave a +15% return before fee's! Any advice or information related would be great, thx fxcm? why? 
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*marissa yasmine mahmud loves chloe josephine cho always and forever*
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Dec 6 2007, 02:32 PM
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QUOTE(Lesbian @ Dec 6 2007, 07:47 AM) [snapback]4533882[/snapback] fxcm? why? Why not? Their returns on Sentiment Aggressive are amazing.
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Dec 12 2007, 09:10 PM
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QUOTE(Skyree @ Dec 5 2007, 07:00 AM) [snapback]4530507[/snapback] I own a company that almost exclusively sells this fund to local residents here. Personally I have roughly $14,300 in the fund. You have $14,300 invested? You have no regrets in regards to investing with fxcm?
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Dec 13 2007, 02:00 PM
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QUOTE(strikerzebra @ Dec 13 2007, 12:10 AM) [snapback]4548030[/snapback] You have $14,300 invested? You have no regrets in regards to investing with fxcm? That is correct. I have $14,300 in the FXCM Sentiment Aggressive fund and I own an Introducing Broker that sells that fund. Naturally I have a high level of confidence in the product.
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Dec 13 2007, 04:31 PM
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New MoneyMaker
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i am managing account too...but i do it privately...
anyone interested to see live performance...email me at handymanny08@gmail.com
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Dec 13 2007, 06:44 PM
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Comparing your personal results to FXCM is a very far stretch.
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Dec 13 2007, 11:34 PM
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New MoneyMaker
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QUOTE(Skyree @ Dec 13 2007, 06:44 PM) [snapback]4549997[/snapback] Comparing your personal results to FXCM is a very far stretch. yes its true...fxcm dealing with big amount.. they use multiple account management software.spread the risk...i am more agressive
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Dec 14 2007, 08:16 AM
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With FXCM you're spreading the risk due to the fact that you're dealing with a multi-million dollar regulated company rather than a random person on MMG.
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Dec 20 2007, 04:06 AM
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QUOTE(Skyree @ Dec 15 2007, 01:46 AM) [snapback]4551049[/snapback] With FXCM you're spreading the risk due to the fact that you're dealing with a multi-million dollar regulated company rather than a random person on MMG. that is true, I could never trust anyone on mmg that says send your money to this e-gold number and i'l get you 100% profit in 2 weeks haha, guess I better start saving 5k, i'l msg you when i'm ready Skyree
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Dec 21 2007, 09:29 AM
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New MoneyMaker
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QUOTE(strikerzebra @ Dec 20 2007, 12:06 PM) [snapback]4562395[/snapback] that is true, I could never trust anyone on mmg that says send your money to this e-gold number and i'l get you 100% profit in 2 weeks I believe he's offering to manage your account. This means that he would be registered as your trader via an LPOA. He would NOT be able to steal your funds. He would, however, be able to lose all via incompetence and bad trades.
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Some people play tennis, I erode the human soul.
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Jan 1 2008, 03:24 PM
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QUOTE(Patryn @ Dec 21 2007, 12:29 PM) [snapback]4565005[/snapback] I believe he's offering to manage your account. This means that he would be registered as your trader via an LPOA. He would NOT be able to steal your funds. He would, however, be able to lose all via incompetence and bad trades. I do not trade whatsoever. I'm an IB for FXCM's managed funds.
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Jan 2 2008, 08:12 PM
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New MoneyMaker
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I am also very happy with FXCM's Sent Agg fund. Their returns are outstanding.
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Some people play tennis, I erode the human soul.
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Jan 3 2008, 10:11 PM
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QUOTE(Patryn @ Jan 3 2008, 01:12 PM) [snapback]4587270[/snapback] I am also very happy with FXCM's Sent Agg fund. Their returns are outstanding. What about year end? Do they get their initial investment back+ the profit?
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