Showing posts with label Robot. Show all posts
Showing posts with label Robot. Show all posts

Tuesday, 21 July 2015

Managed Account Update

Here I am in my home town of Vienna Austria (Europe) , that's right, Europe, no Kangaroos in Austria, surfing the net and I thought I'd give an update on my managed forex account.




It has been a good month.  I'm back home and considering relocating.  I'm eating great meals, drinking amazing coffee, and enjoying lots of great Gelato and Sweets.  Trading is going well now that I'm rewriting a lot of Metatrader functionality and adding new functionality with custom indicators and expert advisors, allowing me to fine tune my Managed Forex Account.


As you may know, my managed account was off to a rocky start as it was unattended.  That's the thing about these Expert Advisors and Too Good To Be True Robots, they work for a short time and then they bomb.  Why?  Because you need human interaction.  Thanks to my custom Metatrader code I now spend about 20 minutes a day, an hour max and do a daily review of the charts and then for the most part "Set and Forget". Although when I do check the charts I'm typically exiting a trade early, in the positive of course, and missing out on a few extra pips.  But that's how it goes.


In any event, it has been about 3 weeks since my last update and I'm up 40% this month thus far.  The latest up-to-date numbers are below.


Friday, 22 May 2015

Managed Accounts

Those of you following my blog know I'm not a fan of managed accounts.  At least not anyone else's. haha.    Seriously though, I find managed accounts for the most part are pie in the sky.   I believe in semi-automated trading. 

For the last year I have been experimenting with a managed account and have had great positive results.

I finally had a chance to open an account at MyFxBook, and quite frankly love their Android App. 

Have a look at https://www.myfxbook.com/portfolio/forex-taurus-managed-1/1245795 and take a look at my managed account for yourself.

*** UPDATE JUNE 29 2015***

The first couple months were up and down.  Not exactly a home run start, however it's the real deal.
If you have a closer look you'll find that some strategies and currencies performed better than others.  One strategy in particular has been constantly making gains.  Others have not.  Not a problem.   I have updated the Managed EA and will review again in a month.