EUR-FOREX Managed (by eurforex) Quick Stats
Gain: +723.89%
Drawdown: 42.06%
Pips: 8569.1
Trades: 1292
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Manual

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EUR-FOREX Managed Discussion
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eurforex

Member Since Jul 08, 2011  23 posts eurforex Nov 24 2011 at 15:26
Hi,
We have been testing HotForex with our Live money and we are satisfied with execution to allow investors now to join us in Hotforex.
There is no mark-up involved and you get 5% joining bonus.

If you wish to join Hotforex, please use this link: http://pamm.hotforex.com/managerdetails/?l=58974123512456235434149&usermode=0&refid=8489

Eur-Forex Managed Accounts
LIVE SKYPE: EUR-FOREX
P: + 420 222 191941
E: admin@eur-forex.com
W: www.eur-forex.com

Art of Trading
Macgyver75

Member Since Mar 27, 2011  36 posts Macgyver75 Nov 24 2011 at 22:30
Do you mean one can invest with this broker instead of FXCC ?

eurforex

Member Since Jul 08, 2011  23 posts eurforex Nov 25 2011 at 09:13
Hi,
Yes, you now have FXCC, FXCM and Hotforex to choose from. With Hotforex you receive 5% bonus on deposit.
We break new equity high today to $424,000.

November has not been the easiest month with many reversals and false breakouts intraday. Even brokers understood the confusion on markets and advise clients not to trade: http://www.forexfactory.com/news.php?do=news&id=326375

We will send full trading review to clients at month end.

Eur-Forex Managed Accounts
LIVE SKYPE: EUR-FOREX
P: + 420 222 191941
E: admin@eur-forex.com
W: www.eur-forex.com

Art of Trading
nickwake

Member Since Oct 22, 2010  23 posts nickwake Nov 25 2011 at 09:23
Great job, superb recovery smiley

One question, due to the spread differences between your trade account which I guess is a zero pip and our retail accounts where we're 'losing' 1-3 pips per trade I'm still just slightly down on my start point, (looks good to go through this soon as long as the markets don't go weird again.) When calculating revenue shares on the previous month I take it you do this from the clients (my) retail account?

eurforex

Member Since Jul 08, 2011  23 posts eurforex Nov 25 2011 at 14:42
Hi,
We are working on spreads of between 2.0-2.7 in EURUSD on all 3 brokers.
It depends on the your actual first trading day.
Performance fee is only applicable to the P+L in your account.

Art of Trading
Macgyver75

Member Since Mar 27, 2011  36 posts Macgyver75 Nov 25 2011 at 22:32
Yes Nickwake,

I'm also very happy for this results, even if I'm still 30 $ in the red (I was also thinking that's because of the spread we encounter).

It means that EUR-FOREX has well performed this week, and will certainly continue. If they are able to do 15 % giving me about 10 % a month, it would be enough for me ;-)

One question then to you guys : what do you exactly mean in response to Nickwake, when you say 'P+L' ? (Profit + Loss ?)

I may understand that you take 30 % only on the difference between the balance End of Month N and Balance Month N-1 on the account (or the same with Equity) ? right ?

Whatever, great job ! Good luck for the next days of November !


Macgyver75

Member Since Mar 27, 2011  36 posts Macgyver75 Nov 30 2011 at 22:42
Back to -8,5% for November.

The report page at fxbook doesn't seem to be updated from yesterday.

It's not a disaster (today was a very bad pattern with a big up candle when the central bank help for EUR was announced), but I would like to compare to what they show on the fxbook report page.

(yesterday, they were at about + 8% as I still was at about - 2,65 %. It's quite a big difference ! I would like them to explain what makes this difference, just to understand and to know what we really could expect : is it because off the spread or/and the swap. Would it be different with a bigger investment and why ?)
 
I'm of course still confident with their ability to make profits, but I would like to know exactly how much we can expect, and how much they must do for me to really be in the green.

Great regards to all of us, and to you Eur-forex guys. Thanks for the job you do.

M.

nickwake

Member Since Oct 22, 2010  23 posts nickwake Dec 01 2011 at 08:46
Yes, why the freeze on the myFx stats? Other systems are updating so it is not a MyFx issue.

eurforex

Member Since Jul 08, 2011  23 posts eurforex Dec 01 2011 at 09:14
Hi,
We have myfxbook support checking stats, we are still publishing from our side.
Please standby.

Art of Trading
Macgyver75

Member Since Mar 27, 2011  36 posts Macgyver75 Dec 01 2011 at 22:24
Then the stats are back smiley !

Could you then explain why we are -8,5 % for November (us), and you are (eur-forex) at +4,45 % ?

It makes such a difference !

How much can we then expect when you do 13 % ? is the answer 0 % ?

If this is true, when you do 30 % (on the fxbook pattern), we may expect 18 % on a live account, minus 30% of commission means finally only 12% ?

It's still good, but it may not happen every month, and if I'm not mistaken, it's quite far from what you claim on your site ?

Please, could you explain or correct what I'm finding ? or someone else already with EUR-FOREX for sometimes ?

Many thanks...

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