Hello Achilles, thanks for the informative question. Average drawdown is about -0.5% (all trades together) average loss -0.75% with stoploss taking out positions when it drops to -3.0% (0.5% each pair). The position is the USD diversified across the majors. Yes, the positoning is extremely conservative, but it is producing +30% annualized, which I think is enough of a return. If I increased risk size, it could put me above -3% on losses, which I don't want to accept.
I agree, past performance is relevant as this thread (like promotional threads of his on other forums under the name 'DepthTrade') seems to be an attempt at self-promotion for his venture into the world of fund management. There are some more results here from someone who monitored his live trading activity over a 6-month period. http://www.moneytec.com/forums/f59/...-signal-provider-21385/page54.html#post239151 Obviously anyone considering investing money should do their own careful due diligence about the trading performance of the manager, and their integrity. There are a few unbiased tracking websites which track a trader's live trading performance in real time and publish accurate results together with relevant statistics.
Still holding open positions. Aud/usd: +60 pips Eur/usd: +184 Gbp/usd: +314 Usd/cad: +78 Usd/chf: +92 Usd/jpy: -22 +2.14% Classic FX start date 02/08/09 Closed positions. +0 pips +0.0%
Have exited all positions at the following prices. Aud/usd: out at 0.8367 4 Eur/usd: out at 1.4178 8 Gbp/usd: out at 1.6679 6 Usd/cad: out at 1.0818 3 Usd/chf: out at 1.0816 Usd/jpy: out at 95.904 Classic FX start date 02/08/09 Closed trades, -429.9 pips -1.39%
Have entered the following positions. Gbp/usd: long 1.6689 6 Usd/cad: short 1.0808 3 Usd/chf: short 1.0806 Usd/jpy: short 97.51 5 Classic FX start date 02/08/09 Closed trades, -429.9 pips -1.39%
paulchaney and DepthTrade are the same person. Tracking websites such as Collective2, and there are others out there like MT4Stats for MT4 users.