http://fxmadness.com/2009/02/03/general/currency-funds/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Tue, 31 Jan 2012 13:20:56 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-613 admin Wed, 04 Feb 2009 16:58:56 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-613 Well, Forex has an appeal of wild west of trading. large daily moves and huge margin make possible for monstrous returns. Unfortunately, these same reasons will also eventually result in massive losses. There is number of books and trading programs by people who claim that they turned say 10,000 into a milion. Some of these stories are true. Here is the thing though- can they do it again and at will? Very, very unlikely. Well, Forex has an appeal of wild west of trading. large daily moves and huge margin make possible for monstrous returns. Unfortunately, these same reasons will also eventually result in massive losses. There is number of books and trading programs by people who claim that they turned say 10,000 into a milion. Some of these stories are true. Here is the thing though- can they do it again and at will? Very, very unlikely.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-612 Heather Wed, 04 Feb 2009 12:29:48 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-612 If trading pros get such sub par results, how come general public has an impression that fortunes can be made easily? I'm sure there are people who make a lot of money trading currencies. And it must be more than two or three. If trading pros get such sub par results, how come general public has an impression that fortunes can be made easily? I’m sure there are people who make a lot of money trading currencies. And it must be more than two or three.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-611 Alex Wed, 04 Feb 2009 07:45:00 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-611 Check out the Barclays Managed FX Index. Just as uninspiring. Check out the Barclays Managed FX Index. Just as uninspiring.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-610 admin Wed, 04 Feb 2009 05:33:43 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-610 Renata, I think it is worth it. Problem is, most people, after reading a couple of books or overstated emails, think this is easy and fast. Expectations are out of proportions to reality. With time, though, there is no reason why individual trader shouldn't do better. Renata, I think it is worth it. Problem is, most people, after reading a couple of books or overstated emails, think this is easy and fast. Expectations are out of proportions to reality. With time, though, there is no reason why individual trader shouldn’t do better.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-609 Renata Wed, 04 Feb 2009 05:19:36 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-609 It is sobering to see the results of forex trading funds. Nothing impressive at all. Better than stock funds for last year, but not over time. Makes you think if it is worth the time and effort. It is sobering to see the results of forex trading funds. Nothing impressive at all. Better than stock funds for last year, but not over time. Makes you think if it is worth the time and effort.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-608 admin Wed, 04 Feb 2009 05:14:07 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-608 They are not bad, considering how choppy the action was. Just way more than normally. They are not bad, considering how choppy the action was. Just way more than normally.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-607 Maxim Wed, 04 Feb 2009 05:05:28 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-607 Your gbpjpy trades don't look too bad to me. And the one not on the chart, should have panned out also. I'd call it very good results Your gbpjpy trades don’t look too bad to me. And the one not on the chart, should have panned out also. I’d call it very good results

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-606 admin Tue, 03 Feb 2009 20:48:51 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-606 Since I don't solicit money for management, there is no point in disclosing it. However, I can tell you that they are better than the ones in report. Since I don’t solicit money for management, there is no point in disclosing it. However, I can tell you that they are better than the ones in report.

]]> http://fxmadness.com/2009/02/03/general/currency-funds/comment-page-1/#comment-605 Michelle Tue, 03 Feb 2009 20:42:51 +0000 http://fxmadness.com/2009/02/03/general/currency-funds/#comment-605 This is an eye opener. I never saw statistics for these funds. Can you share your results for last year? I don't mean in dollars, but in percentages. This is an eye opener. I never saw statistics for these funds. Can you share your results for last year? I don’t mean in dollars, but in percentages.

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