Calypso1, QV Managed Forex Programs

Calypso1 performed strongly today after a few back and forth days and has gone to new highs for us, performing very similarly to the statements and what we've been told by the trader.  I like the style very much, short term scalps, full auto, trades the asian session only.  Many days it has a very high win rate, like today, was 11 for 11 winners, of course that isn't always the case.  I'm impressed and will probably allocate more.  Met with PFG on it today, will trade there for QEPs and trading Citi for non-QEPs - namely Americans with smaller net worths, foreigners are QEPs by definition which is nice.  Their max downside has been 4% since going live, they believe 10% is possible but haven't come close.  Would have to have a lot of losers in a row to get there.

QV is fun to watch, most all winning days.  Great trader and a pleasure to work with, very meticulous in setting accounts up which I know translates into his trading.  Does what he says and has his own capital in the program alongside his clients' money.  That's very good.  Trading has been just like the statements and track record we have seen.  Bangs it out each day.

BAM has been struggling, a couple losing days in a row which is highly unusual for them but not unheard of in their backtesting.  Put them about 7.5% off their highs.  Not so bad after an unblemished three months.  We'll see how they come out of it.  May be a case of too much money too fast.

Have a trader named Hank who is slaughtering it, scalping mostly but holding some, up over 20% in a week since we've had him live, also performing as his statements show.  I forget exactly but has done something like run a 50k account to 190k or 20k to 190k or something nuts like that.  25% max drawdown, so pretty nice for the client that is with him as he has nearly broken that threshold on the upside.  We'll see how things continue.  He's fun to watch.

Broadbeach has had a few trades lately, up maybe 1% across all accounts last month, picking up some.  We were audited for our semi-annual audit and was interesting going back through his statements, there were a few ridiculous months last year where he knocked it out of the park.  Hope those times roll around again, we'll see.

Speaking of event trading, Stryder programmer has come up with a successful strategy called Dreadnought that we are running on our prop accounts and for a few clients, been doing well, very high win rate, good to see.

We seem to have built a nice stable of managers here, and are looking to add a new one each month to test with the high attrition rate we have in the business.

Ray is offabout 4% from starting.  Bull up a fraction.  Starting EFX and XCM next week, if anybody has worked with them please let me know, will save us the trouble.  Statements look very good, we'll see how they do on our capital.

Irid had a nice couple weeks, first two we started them and up over 5% in a flash.  Encouraging.

Marek up a bit last month.  SFX off yet again, haven't made money in a year after 20 straight winning months, happens.