I am in contact with this forex system manager:
I wanted more information on his specific forex system.
He only trades weekend gaps: The difference between weekending price and the next weeks opening price sometimes results in a price gap.
He has done a ton of research into this forex system and although it is well known that it can be quite lucrative to trade the gap and that it has a very high chance of returning to close the gap, it has been another thing to successfully trade this forex system automatically with a robot, as I have seen robots that have been sold fail miserably attempting this.
He has developed an automated forex system that has worked for him live for over a year (he also has an amazing 3 year back test) and so he turned it into a managed account, This forex system has 4 months live history as a managed account.
The perfect place for this forex system as a managed account:
He uses fibogroup.ca because it is of the few brokerages that allow the little people like us to trade the real market open (The only place this forex system works), most brokerages do not allow trading for another hour, and some even make you wait 2 hours.
What I have had complaints on (I even complained) is that his offer is not good enough, I do not like paying 50% to the manager, especially if it is a robot running the forex system. I told him that if he could lower it substantially I would be able to raise more funds faster for him.
So all I can say is that he is interested. We have not come to an actual agreement but we are in talks. I find this to be an exceptional managed account trading an already well known winning forex system, so if we do not strike a deal, I will still have my money in it. One of his ideas is to sell me his forex system, but I think it would behoove him to keep it to himself. On the the other hand if he does not want to lower the fee that may be the only option.
I will let you know the details and what the accounts name is if he betters his managed account offer (it is impossible for a manager to change his offer once the account is made so he will have to make a new one).
This is the kind the kind of forex system I seek for my money (Damon Hunt @ Funds Forex Managed .Com), I am glad to be able to share it.
Ps. First time I have ever seen no losing trades in four months of live trades with any forex system.