QVFX still rocking, BAM rocking
Quan continues his winning ways, par for the course it seems. Nothing outrageous, a fraction of a percent each day, flat every night, some losers sprinkled in with the winners, a sound intelligent strategy that works. Looking for an ideal firm to house him for the future, testing a number of them out with him, letting him decide which platform and all around package suits him.
BAM rocking as well, their backtesting is proving itself out day after day, two I think maybe three additional winning days since I last posted on the managed fx account blog. Running their winning streak into going on three months with nary a loser. As his backtesting suggests it will go. They have revamped the system actually to make more money - sacrificed from only one loser a year (backtested) to several more and even two losing days in a row - which actually would be ten percent, at 5% per losing day. Still pretty tolerable in my opinion. I'm sure three is possible too. Great to watch them trade. Solid crew.
C1 still very close to starting, also very high win percentages.
FST struggling - he's one who came in with a great record - though had two months of down, so at -3% over about four weeks we aren't too worried. however he never gave us statements which is annoying - though we know a group that has had him over a year and vouched for the numbers.
Cut HMNH today. Not impressed at down over 10% when he said he'd stop out at that level. This is why we start small with new traders, especially those that don't produce statements, shame on me for even the small amount we allocated.
And we have a crazy number of promising new traders we are getting going - hope to never repeat the mistake of not having a full pipeline of new talent coming in.
X is one we're trying, and others called Bull, Shiraz, ETX, and Ray. All with stellar records, we'll see how they run live on ours and client capital. Starting small as always.
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