Easy Forex -Find and Analyze Which FX Traders Are Best For You

Published: 18th June 2009
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Trading in the Forex sale is very difficult to learn. It takes years of experience to master or even become better than average. Even after learning, it takes decades to master the emotional side of trading. It is a fact that 90% of the new traders quit after losing their funds by the sixth month. It is a difficult endeavor.

Personally, I traded live funds for 3 years. At some point, I realized that there must be traders that are much better as opposed to I am. I set out on a search to find them. Having been a Head Hunter for years, I looked at as many account managers as I could. Many were posting fantastic results on the websites. But, how could I say to it the performance results got accurate. Then I put my Engineering background to use. I want to see verifiable statements, access to dwell trading accounts and audited performance records. However, very few traders could provide these. And even if they could, it did not mean so such a future results are able to match this past performance.

So, I picked the smartest consideration managers that I am able to notice and funded them at the lowest levels possible, so I are able to run make a home tests of their performance. Doing this, 80% of the traders we tested failed for one reason or another. We headed through the process of weeding out the non performers. It compares to hiring players for a professional football team. Some have great resumes. Some look good during the tryouts. Only a few make the cut. Utilizing our research and testing techniques, we looked at or tested over 100 traders and account managers in the Forex industry. Most did not perform well when live cash are put to accounts under their management.

Our company, Best FX Funds, is continually searching for the right traders and at that time testing them providing real money. Currently, easily two own built the honor of getting our recommendation. Two a larger number of are currently being tested. To fit our criteria, the accounts must be opened in a ample regulated broker where the investor has control of the funds. In addition, the size of the account must be little adequate for the average investor to manage.

Below I have listed the results as of May, 2009 trading performance:

* Topaz Program - This trading legislation has an average of 24% per month profits over the the preceding 2 years. The account manager employs strict safety procedures to ensure that each trade is protected for excessive risk. The maximum risk is 1% per trade. One of the peak brokers in the UK is used. This trading application uses the strategy of approaching the trend, which the Forex markets have a tendency to do.
* Sapphire Program - The Sapphire trading program has 3 quantities of risk and earning structure: Aggressive, Moderate and Conservative, to match the trading style of the investor. This trading program is calculated to minimize the risk. At the aggressive level, the average profits undergo been 25.8% per month, additonally the maximum drawdown has been 21.4% more than the last year. The Sapphire program is designed to be effective in a trending market as far as a ranging market.

Please visit the website to see the latest results. We keep the website up to date amid latest performance results. Please be advised the beyond performance is not a guarantee of future results. Trading in the Forex industry involves high risk and only discretionary finances is planning to be used. Download your FREE Forex ebook @ href="http://funeasyforex.blogspot.com">http://funeasyforex.blogspot.com now.

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