| Over
an extended period of time at Managed Forex Research,
the trading team developed a 100% automated intraday forex trading
system to mirror the trading results their trading techniques
had achieved over many years of trading.
It
was a long road as contrary to the wealth of hype, optimised results,
and clever marketing ploys found so freely on the Internet these
days, creating a genuine trading robot that works faultlessly
through all market scenarios is no small task.
In
May 2007 testing begun using Velocity 4X as the broker, it went
well, and soon after, in September of the same, year a selection
of pioneer Members were invited to deposit funds into live trade,
to be traded collectively through a 3rd party Multi Account Manager
software (MAM). At that time, the third party MAM Velocity4X offered
was the only option available to trade multiple client accounts
utilizing a complex Metatrader Forex System such as ours.
All
clients involved, during the period from September 2007 to Jan
2008, endured what the trading team considered to be a rough ride.
However I disagree!
In
my opinion, even though trading was not smooth sailing from day
1, the results achieved were better than most stockbrokers and
mutual fund managers attempt to achieve annually. Yes there were
constant freezes in the feed, incorrect allocation of profits,
several changes of trading server and long periods of inactivity
while technicians fixed what seemed to be a never ending stream
of bugs and issues, causing no end of frustration; but ultimately
the trading results were still good.
Having
encountered all these issues we were still able to generate returns
in excess of 31% net from inception in Sept 2007
to April 30, 2008, after a deduction of a 25% high water performance
fee.
However,
eventually fate lent a hand and accounts were moved to Gain Capital.
There were initial delays as programming had to be re-written
to allow for a floating spread 5th digit feed, ultimately this
move proved to be a giant step forward as Gain Capital offers
excellent back office technology which meant we were no longer
required to trade through the 3rd party MAM software.
Incidentally
and most importantly, we believe the issues we faced are now a
thing of the past, plus since that time the trading team has added
a 2nd robot that we feel compliments the 1st beautifully.
We
feel that we have a very solid service on offer now that we are
working with Gain Capital, as they offer a very reliable feed
service.
Be
sure to contactus via email
or telephone if you have any questions as we are more than happy
to assist. We look forward to hearing from you.
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Features
of the existing robots:
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100%
Automated Intraday forex trading - all trades are
closed daily.
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Currency pair traded – GBPUSD.
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Trading Style – Aggressive (in our opinion).
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Multiple stop loss features are built into each
robot.
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Money management is built into the robot logic.
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Trends and reversals are traded.
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Managed
Forex Research Live Account Statements
*Forex
trading involves substantial risk of loss and is not suitable
for all potential investors. Past performance, is not necessarily
indicative of future results.
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