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Sunday, October 17, 2010

New Potential Managed Account

I have run across another fund manager that runs two private robots on a managed account, they are scalpers and trade on average 30 times a day, he has an excellent track record but is charging too much, 50% on high water mark !!

I am in negotiations with him to lower his fee, I would like it at 30% maximum.

Even as it stands it makes more than 10% per week net for the client.

We are running 8 months history through an independent audit right now, from what I have seen I think it will pass no problem

I will announce immediately if I add his account.

NOTE: profitable EAs (Automatic trading robots) are to be found in managed accounts, trade copier programs, signal services and finally they are leased. People do not sell a true money machine, they make money with it, and leverage it with other peoples money, but always making money from generated profits -Not by duping the public.

In the mean time Sign Up and profit with our conservative 10% per month account  :)

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