Author Bio

FXstreet.com is organizing a special webinar together with Currensee Trade Leader Taylor Growth, tomorrow Thursday at 15 GMT / 10 am EST!

In this webinar Tom Dawson and Josh Colton from Taylor Growth will discuss how a high degree of leverage can work against you as well as for you. Josh and Tom will discuss the risk/reward tradeoff, the importance of establishing your investment objectives and balancing your objectives with your appetite for risk.

Gift for attendees!

A special limited-time webinar promotion will be offered to all attendees of this webinar by Liquid Markets!
Details regarding this promotion will be announced at the webinar including eligibility, enrollment and terms & conditions. Don’t miss out!

REGISTER NOW!

If you never attended a webinar before on FXstreet.com, make sure to read our instructions.

Taylor Growth Company is a privately held financial services firm that was founded in April 2007 to develop long term savings and investment programs as alternatives to the stock market. We specialize in spot foreign exchange (Forex) currency trading. Investors have a choice of investment strategies at Taylor Growth Company. Taylor Growth Company is a member of the National Futures Association (NFA), and adheres to NFA guidelines and ethics. NFA # 0405331

The Currensee Trade Leaders™ Investment Program is the unique autotrading service that delivers a select network of emerging foreign exchange managers, called Trade Leaders. Once you open and fund your account, you simply choose the Trade Leaders you want to follow by adding them to your portfolio. By joining the program, you leverage sophisticated technology that replicates the trades of a Trade Leader in your account in real-time, regardless of where you are in the
world.

REGISTER FOR TOMORROW’S WEBINAR ON FXSTREET.COM

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

In the webinar a couple weeks ago a question came up from one of the attendees as to when the best time of day is to trade. This is a question that comes up a lot among forex day traders, though obviously most folks who seek to operate in that arena are constrained by the time zone in which they live. I’m going to present two distinctly different answers to the question – ones that contradict each other.

First, conventional wisdom
When the question of best time of day comes up the answer often put forward is the London/New York overlap period. The reason here is a combination of volume and volatility. London is the center with the highest average forex market trading volume, and New York comes in second (see The Most Traded Currency Pairs for specifics on which pairs are the most active globally and across regions). As such, there is maximum liquidity during this time of day for the major traded currency pairs.

On the volatility side of things the London/NY overlap is also the period when many of the most significant data releases and news items are released. Obviously, the NY morning is when most US data headlines post. Most UK and European data hits before NY gets going, but central bank statements and press conferences do happen in the NY morning. Also, key speakers often have their comments crossing the wires during the overlap period. In other words, there is a lot of news and data to move the markets and create volatility.

Thus, the London/NY overlap period offers volatility and liquidity, which many folk see as keys for worthwhile day trading. But wait!

Performance reality
The folks at DailyFX did a study a few months back looking at the performance of FXCM clients based on the time of day they traded. The results they came up with were entirely contradictory to the conventional wisdom noted above. They argue that it’s the lower volume NY afternoon, Asian, and early-European sessions which see the best trader performance.

Why so?

The author’s argument is that most individual traders tend toward a range-trading approach. This style of trading is ill-suited to volatile markets. As such, the news and data induced volatility we see in the London/NY overlap period is actually a negative for trading in the major pairs. They include a graph which shows a clear trough in the success rates of trades in the NY morning and another that shows the relative volatility peaks at that time of day.

Now, as I wrote in Optimize trading performance by time of day selection, there are some issues with the DailyFX article in its focus on win % as its main metric. The authors did include some system performance figures which provide some more results to back up the overall premise, though. As a result, I think it’s worth at least taking a very hard look at how your trading would do in different time frames during the day.

Makes you have to start wondering about conventional wisdom, doesn’t it? It should also have you thinking about opportunities to diversify your trading time of day. This may not be something you can do yourself because of your available time and locale, but using an autotrading system might offer you an opportunity to do so.

Editor’s Note: Originally derived from the webinar, the question examining what time of day is best to trade Forex had been answered by Trade Leader Taylor Growth during the Q&A session. Since he is a range trader himself, his response was congruent with the second part of the above answer, which leans towards the lower volume NY afternoon, Asian, and early-European sessions as yielding the highest trading success rates.

Taylor Growth explained that the best time of day to trade really depends on the strategy the trader is using. Since his conservative strategy is very technical, he believes it fares better in Asian sessions when trading European pairs. Since it is nighttime in Europe while the Asian markets are most active, no European news releases are making their way out and influencing trades.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

This is our fifth and final installment of the trade leader interview series. In this post we ask three of our Trade Leaders what they think about volatility, trading strategies and the Euro. The traders are Janus Investments (Ticker: JASMI.I), Chen Investments (Ticker: CHCMP.S) and BAK Trading (Ticker: TCBRF.A).

1. Do you believe 2012 will be as volatile as the end of 2011?

Janus: 2012 will bring more volatility than 2011, but in a smaller range than 2010 and 2011, because central banks will intervene to dampen volatility trying to set upper and lower boundaries.

Chen: Yes, it will be more volatile.

BAK: Yes, but volatility will only be 60-80% as 2011′s ending months. The most volatile period is probably already over.

2. What types of Forex strategies will continue to prevail in 2012?

Janus: A portfolio of different non-correlated strategies will work in any market.

Chen: I think any strategies which can live well in 2011 will still have a chance in 2012, but we have to adjust our strategies to suit a riskier market.

BAK: Scalping and swing. Position trading will not prevail in 2012.

3. What would a breakup of the euro mean for your strategy?

Janus: No change, our strategies are not based on long-term trends (monthly, yearly), but on short-term price action (intraday).

Chen: This is something tough for us to think about. I feel the only thing a trader can do is have proper “stop losses” in place.

BAK: Not much as I only focus on ultra short-term changes of major pairs. The Euro currency should still be around, at least for Germany, France, and a few other countries.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

A while back I wrote the blog post Be Careful Trading Against the Masses. In it I talked about how much trouble one can get into thinking that the bulk of retail traders are generally wrong and thus that you should trade against that collective. I can’t blame people for that attitude as it’s been put forth among market participants for decades. The problem is the masses aren’t as wrong as you might think – at least in the short term.

Tuesday on CNBC there was a representative of FXCM on the broadcast and one of the things he talked about was research they did looking at their customer accounts. He put up three pairs on the screen showing the win% of FXCM account-holders for trades done in each of those pairs. The best one was AUD/NZD which was above 70%. Granted, that’s not a pair a lot of people trade, so the data might be a bit less significant than others, but even EUR/USD was in the 60% area. In other words, retail traders get it right more often than not, so you don’t just want to fade them.

Winning often, but losing money
Now here’s the rub. These same traders are losing money because their winners are much smaller than their losers. The FXCM guy actually showed the comparison. It was a very direct indication of the old wisdom that losses need to be cut short and/or winners allowed to run. Even academics have come to realize that the human inclination is to do the exact opposite. We are risk averse, so we tend to book profits too quickly for fear of losing them while holding losers in hopes they come back.

These figures also back up comments I’ve made in the past (such as in Why You Shouldn’t Fixate on Winning Percentage in Your Trading) about how win% gets too much focus. If 60% of EUR/USD trades done by the FXCM customer community are winners, but the losing trades are something like twice as big as the winning ones then what’s the outcome? That’s right. It’s a net loss.

Sometimes it’s worth trying to increase Win%. For most developing traders, though, it’s the size of the losers relative to the winners that are the more important consideration in need of addressing.

Don’t let the marketers get you

The warning here is also that we shouldn’t allow ourselves to get sucked in by marketing which promotes a high win% for some trading system or trader. If you don’t have the other side the expectancy equation – namely winner/loser ratio – then you don’t have all the information (you’ll notice Currensee includes both sets of figures in the Trade Leader data sheets).

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

Obviously, as with any other market, if you want to invest in currencies you need to do your analysis. In many ways, analysis of the Forex market is quite similar to that for government interest rates. Both focus on high-level macroeconomic factors like economic growth and inflation. In Forex, trade and capital flows are very important factors as well.

Plus, the interest rate and currency markets intertwine and influence each other. Higher interest rates can make a currency more attractive. Similarly, trade flows can influence foreign demand for government debt securities, impacting their yields.

But it’s tricky.

When doing analysis in the currency market, you have to look at both sides of the exchange rate equation. This is something that trips up a lot of traders and investors. They think like stock investors and only consider one thing. For example, they look at Federal Reserve policy and make a judgment on the dollar. In the case of playing the dollar’s exchange rate against the euro, though, it’s not good enough to just look at the dollar. One needs to do a similar analysis of the euro because the exchange rate reflects both sides of the equation, not just one side. In other words, proper investment-level analysis of exchange rates requires developing expertise in multiple economies. This is a definite challenge to many would-be Forex investors.

Trading profitably is your other challenge.

It’s been suggested that something like 95 percent of those who try their hand in Forex trading fail. That’s a very dramatic number and not one backed-up by any real evidence. What we do have, though, are actual figures from U.S. Forex brokers provided by mandatory quarterly reporting. They show that in any given quarter only about 1/3 of accounts are profitable (based on data from required quarterly reports made by U.S. brokers to the CFTC).

In other words, despite suggestions the contrary, Forex trading is not some golden path to riches. As with any other endeavor, the rewards fall to the relative minority who really know what they are doing, and who can consistently turn good market analysis into profitable trading strategy. That takes lots of time and loads of effort. Most people come up short.

For that reason, or simply because you don’t have time to do it properly yourself, you can always leave things to others as you might do investing in stocks, bonds or alternative investment approaches.

In previous blog posts, we’ve discussed the managed strategy options out there for investing in foreign exchange. There are ETFs and mutual funds which offer certain types of opportunities. If you are a high-net-worth individual, you may have access to the currency markets through hedge funds. Global macro hedge funds, and certain other types, have been playing in the currency markets for decades.

Well known money manager Paul Tudor Jones was shown trading German marks in 1986 in the Trader documentary. Big funds like currencies because of their high liquidity. There are new alternatives to take part in the currency market now, though, that provide access to the same sort of hedge fund investing at lower capitalization.

For example, there are managed account options where you give someone direct control of your Forex brokerage account to do transactions on your behalf. Obviously, there needs to be a high degree of trust for an arrangement like this, but if you can find someone good it can be a very worthwhile option.

Then, there are programs, like the Currensee Trade Leaders Investment Program, where you can arrange to have the transactions made by one or more other traders in their own accounts automatically duplicated in yours. These can provide more transparency and control than managed accounts, as well as the opportunity to easily diversify among managers.

The Forex market is already influencing your life and financial well-being in ways you may not even realize. Why not put it to work for you? It’s not nearly as volatile a market as many would have you believe, but still offers plenty of opportunity. That makes the currency market a legitimate focus for alternate investment funds.

If you are ready to dive in, then be sure to keep our free e-book “The Smarties’ Guide to Alternative Investing in the Foreign Exchange Market” close to hand.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

I started reading a new book on my daily commute this week. It’s titled Laughing at Wall Street, and presumably will detail how the author was able to make big money in the markets. I haven’t reached that far yet, so I’m not sure how things are going to unfold (I’ll do a full book review when I’m done). I’m pretty sure the focus is going to be on the stock market, but the stuff I’ve just been reading presents an interesting idea for forex traders as well.

Shortcomings in account funding
One of the problems many new traders have is funding their accounts to the level where trading actually seems worthwhile and doesn’t just take on the aspect of a Vegas weekend (“I don’t mind losing it all. It’s not that much money.”). Or, looking at things from a more negative – but unfortunately all too common – perspective, re-funding an account that’s suffered a major drawdown as a result of poor trading is required.

And even for traders with “sufficient” funding for trading purposes, it’s usually the case that more would be better. After all, the more money you have, the more money you can make. We can even bring funding a Trade Leaders program account into this discussion.

Saving your way to a bigger trading account
The author of the book has what I think is potentially a very useful way to add funds to his trading account. Basically, he sends the money he saves on expenses to his broker.

Let me share an example.

The author wanted to buy a new HDTV for his house. The model he wanted was priced at $2000. Instead of buying it right away, though, he held off for a while until the price had dropped to $1600. The $400 he saved on the television went into his trading account.

Now, you may not have a big ticket purchase like that in your plans, but you can certainly look at your budget and see where you can trim and what purchases you can defer to get a lower price. Most of us have indulgences we can cut back on to save money. They may not be large amounts individually, but when taken together over time it can add up, especially if you can then compound the money through successful trading.

The trick the author uses to encourage thriftiness in his own part is to not think in terms of what the saving is today, but what the will be down the line. He expects to turn every dollar added to his trading account today into $100 down the line. That may seem aggressive, but you get the point.

Don’t just throw money at your trading, though
As much as this saving-to-invest idea may be a worthwhile one to held grow the funds in your trading account, you don’t want to just throw good money after bad. If you’re still in the developmental phase of your trading, and haven’t yet established consistently positive performance, you should be trading as small an account as you can get away with trading. No sense losing more money than you must at the time when you’re most likely to see negative performance. By all means, use the savings trick (or perhaps something similar) to grow a trading stake, but put it aside until your trading performance warrants the extra funding.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

Currensee reports a doubling in applications to the Trade Leaders program from Forex money managers

BOSTON, March 31, 2011 – Currensee, (www.currensee.com), the alternative investment service that gives investors unique access to the world currency markets, is proving popular with growing money managers eager to find new retail investors. Currensee has seen the proportion of applications from Forex money managers to the Trade Leaders™ Investment Program double since January 2011. The program allows retail investors to automatically replicate the trades of some of the most successful traders in the world, called Currensee Trade Leaders.

Trade Leaders receive 15 percent of the monthly profits they generate for the investors that have chosen to automatically follow their trades. More than $3 billion has been traded through the program since its launch in October 2010. The program is available worldwide and has investors from more than 50 countries, giving money managers the ability to grow their businesses globally without the headache of marketing, operations and reporting.

“We’re impressed at how quickly investment companies and professional money managers have applied to become Trade Leaders in order to access new markets,” said Dave Lemont, CEO of Currensee. “It shows that many companies are keen to try out new ideas that might give them the edge in attracting global investors and new assets without additional sales or operating expense or effort.”

Of the 14 Trade Leaders selected by Currensee after extensive checks and analysis, 11 are money managers, including three recently added Trade Leaders – Gabor FX, a Hungarian trading group, Trader Tradingsystema, a Swiss investment company, and Joiny FX, a Chinese money management firm.

Joiny FX has been trading Forex for six years. They run a private investment fund and manage an international client base, with most trading volume happening in the early European session. JoinyFX’s Trade Leader profile and performance history are at http://app.currensee.com/forexpert/forex-trading/profile/JOJAR.C.

“It’s an honor to qualify and join this elite group of trading experts who can share their expertise and professionalism with investors who are turning to Forex investing as an alternative asset class,” said Joiny Jiang, principal at Joiny FX. “The Forex market is uncertain enough with investors not knowing how to distinguish good from bad investments, but Currensee is bringing trust and transparency to the space, enabling both traders and investors to self-direct their investments based on real, verifiable data.”

Gabor FX is a Hungarian professional trading group that primarily trades the EURUSD, GBPUSD and USDCHF, using technical analysis and the well-known Turtle Trading System. One of Gabor FX’s accounts is a position trading account with an average duration of 25 hours and consists of 10 trading strategies that are monitored 24 hours a day. The other Gabor FX B account focuses on special situations and longer trade durations. Gabor’s profile and history are at http://app.currensee.com/forexpert/forex-trading/profile/GAFLL.B and http://app.currensee.com/forexpert/forex-trading/profile/GAFLL.C.

Trader Tradingsystema is a Switzerland-based money manager that has been successfully navigating Forex for six years. The firm focuses on short-term targets in the EURUSD, with average trade duration of four hours. Trader Tradingsystema runs a closely supervised automated system that firmly manages risk. Their profile and history are available at http://app.currensee.com/forexpert/forex-trading/profile/ANBZN.A.

Currensee is accepting applications for Trade Leaders from up and coming money managers at www.currensee.com/tradeleaders.

About Currensee
Currensee is the alternative investment service that puts the power of world currency markets in the hands of every investor. With the Currensee Trade Leaders™ Investment Program, investors build their own automated trading portfolios of Trade Leaders, top foreign currency traders hand picked from the thousands of members of the Currensee social network. The program offers investors an alternative to traditional asset classes and Trade Leader performance is completely uncorrelated to the stock market. Currensee delivers complete account control to investors, who can see every trade in real time, manage and modify investment allocations with one click and benefit from the safety and security of proprietary online investing technology. Currensee is funded by North Bridge Venture Partners, Egan-Managed Capital and Vernon & Park Capital and is a member of the National Futures Association (NFA) and registered by the Financial Services Authority (FSA). For more information, visit us at www.currensee.com. Find us on Facebook, follow us on Twitter, and watch us on YouTube.

Please note that over the counter retail foreign currency (Forex) trading may involve significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading, and seek independent advice if necessary. Performance, strategies and charts shown are not necessarily predictive of any particular result. Past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

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Media Contact:
Samantha McGarry
InkHouse (on behalf of Currensee)
781-791-4552
currensee@inkhouse.net

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

A thread was begun recently by a member of the BabyPips community on the subject of measuring and comparing trading system performance. The author had earlier initiated a discussion as to whether active portfolio management (in this case specifically talking about Forex trading systems, but the same ideas apply across markets and methods) was of any value given the Efficient Market and Random Walk premises. That latter subject matter predictably generated a rather intense debate. I won’t take that up here, but I do want to discuss the upshot of it. Forum members wanted to know on what basis a system could be judged as to whether it was better than a passive approach. The performance measurement thread took that up.

Here’s the premise.

Performance of any active approach to taking on the markets must be measured against performance of a passive approach. Now, I did a hatchet job on the original poster’s primary recommended metric because it was mathematically flawed, but his overall idea is legitimate. If you’re going to actively play the markets, then it needs to make sense doing so.

Volatility of Performance

Now, this isn’t quite so simple as comparing your own trading returns to that of the S&P 500, or sets of system returns against each other. This is where “risk-adjusted” comes in. The various markets have different levels of volatility (see Looking at Volatility Across Markets), and the same can be said of trading and investing methods. Volatility is the standard measure of risk, so we need to incorporate that into our comparative analysis.

How you measure volatility varies. In academia it’s common to measure the variation of period returns over time. That tends to focus on the consistency of performance. You could, however, use a measure of the size and/or length of drawdowns, which more focuses on the impact of adverse periods. There are other metrics as well. The important thing is identifying the one that makes the most sense for your objectives.

With a metric in place, you can then assess the performance of different approaches to the market on a risk-adjusted return basis. That would let you know that System A, with a 15% annualized average return and a 7% average drawdown, is probably better than System B, with its 16% annualized return and a 10% average drawdown. And then you can look at where System A falls within the sweep of potential uses of your money which runs from low return/low risk (like T-Bills) to high return/high risk (like penny stocks).

The Cost of Time

Assessing a given approach to employing your money is more than just looking at risk-adjusted returns, though. You must also account for the amount of time and effort you put into the process. For something like sticking your money in CDs or investing in an index fund, the time element will be small. For an active day trading strategy the time element is going to be high.

For that reason, it’s worth having a separate metric for looking at this time element. A simple $/hr calculation will suffice. Once you’ve figured out the hourly return of your trading/investment activities, you’ve got another basis for comparison – and for looking at the best application of your time overall.

But beware that the time element of trading/investing cannot just be viewed in cost terms because things like entertainment and education value come in to play. For example, when I first started coaching volleyball I calculated what my hourly rate was when factoring in all the time I was putting in to it. The result was below $1/hr. It bothered me not one bit, however, because I enjoyed the work and was developing myself as a coach such that I could increase my effective hourly rate moving forward. This is a particularly important consideration for new traders – otherwise no one would ever even think about getting into trading!

To Go Active or Passive

The bottom line here is that you need to look at whether being an active trader or investor makes sense in terms of risk-adjusted returns and the amount of time you have to put in to it all. If it’s not, then you’re going to want to look in to a passive approach – perhaps something like the Trade Leaders™ Investment Program.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

While the Currensee Trade Leaders™ Investment Program may be the right investment choice for you, not every Trade Leader is right for each investor. I’ve put together some tips to help you get the most out of the Trade Leaders program:

• Assess each Trade Leader. Look closely at each Trade Leaders’ performance and risk to help ensure you’re choosing Leaders who most closely match your investment style and needs.
• Zoom in on performance. When viewing the Profile Performance graphs for each Trade Leader, you’ll notice that, above the graph, you can view the actual change in equity over the time period being shown. The number is above the graph next to the ticker being tracked.
• View trade frequency. To see how often a Trade Leader typically trades, view their profile and change the view. The default view is 3 months, but zoom in to view ten days, thirty days or specify a custom time period.
• Diversify, diversify, diversify! Take steps to build a well-balanced, diverse portfolio of Trade Leaders including a variety of strategies, risk and trading styles.
• Think longer-term. Try not to think in terms of buying high and selling low. Plan to follow a Trade Leader for some time before making changes. Remember, on average even the most successful Trade Leaders lose some of the time.
• Allocation is key. Lastly, make sure you’re making the most of your money – as your account grows be sure to re-allocate your funds. Funds that are not allocated are a missed opportunity as when your funds are not invested in a Trade Leader, you miss the chance to see returns.

Remember, the team and I are here to help you, so if you have questions, feel free to reach out to us at team@currensee.com and we’ll do our best to answer any specific questions you have about the Currensee Trade Leaders™ Investment Program.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Author Bio

In our latest newsletter we spoke about some of our new Trade Leaders. In case you missed the article here is a summary of some of our newest Trade Leaders, welcome aboard!

Currensee is excited to welcome Ajay Atwaney (AJACO.A), ICTC Inc. (ICIXK.A), and DJ McCrosky (DJMRS.A) as the newest additions to the Currensee Trade Leaders™ Investment Program. These three Trade Leaders signify the ongoing Currensee effort to recruit high quality global professional traders, while at the same time expanding diverse allocation options for our investors. These traders join the program after, in some cases, months of evaluation and assessment.

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Ajay Atwaney is a professional trader based in the United Arab Emirates who utilizes technical indicators such as Elliot Wave Theory, Fibonacci, and Gann. Historically, Ajay’s results have been nothing short of spectacular. He has been able to amass a 72% cumulative return over the life of the Trade Leaders program, while maintaining relatively low volatility of 2%. As you can see, his TAI score ranks 2nd on the Trade Leaders Leaderboard and his risk score ranks 7th. Ajay offers a great a combination of risk versus reward, while maintaining a low minimum capital requirement of $2,000.

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ICTC Inc. is a professional trading group from Minnesota (USA) that has been in operation since 2008, and their overall experience dates back to the late 1990’s. ICTC Inc. focuses on various technical indicators in many of the major currencies with a distinct edge in the EUR/USD. ICTC Inc. seeks scalping opportunities raging from 8-50 pips. As for returns, ICTC has generated a cumulative return of 22% with 0.95% volatility and an amazing 79% win rate since the launch of the Trade Leaders program. ICTC’s philosophy is to never take a trade they don’t believe in just for the sake of trading. ICTC Inc. is available to all investors with a $1,000 minimum capital requirement.

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DJ McCrosky, residing in the United States, DJ has been trading for a decade and focuses on initiating positions in AUD/USD and GBP/USD. DJ employs technical analysis for his trading decisions and primarily targets 45-90 pips per position. DJ is a highly disciplined trader who manages risk closely, focusing on 1-3 trades per week. This strategy has been highly successful historically, returning 81% with a 2.9% volatility since the program launched. DJ is accessible to all investors with a $1,000 minimum capital requirement.

I am extremely excited about the additions of Ajay, ICTC Inc., and DJ to the TLIP as they offer a range of trading strategies and minimum capital requirements that empower investors with new choices in investment opportunities.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.