Thread: Managed Forex accounts-good results.

Thanks for the reply, I plan to do something similar. Do you have any other managed forex accounts?

Originally Posted by NickP

Thanks for the reply, I plan to do something similar. Do you have any other managed forex accounts?

Hi Nick,

this is currently the only managed forex account I have. I have had accounts in the past that were "auto-traded" ( a computer made all the trading decisions ) and although they started out well, it was never sustained.

I think that leaving the trading to a real live person who can react and adapt to certain market conditions will be the best route to go. When I considered the fact that 95% of the time when a beginner enters this market, they lose, it was a pretty compelling reason to turn the trading decisions over to someone who historically has been in that 5% of "winners".

Now it's just a matter of waiting and assessing the performance. I'm very optomistic but only time will tell.

scotty.

Hi Scotty,

Sorry to keep replying but I'm just wondering how long it took you to get your MBtrading account confirmed? My IBFX account is good to go however I haven't heard back from MBtrading yet. Also previously when I logged into my MBtrading account it showed my application progress however now it comes up with a new client area that doesn't appear to have any clickable links or information (unless I'm missing something).

I tried emailing Ray about this (my upline) but haven't received an email back as of yet.

Nick.

EDIT: sorry ignore all that I didn't have the correct link for MBtrading; my application is still under new/pending.

Ok so how does one sign up?

Originally Posted by scotty

Hey Nick,

Couple things to clear up first. Although I think the conference call has bits of very good information I believe that any talk of past results has to come with a disclaimer.

The person who did these trades ( Dale ) did so with his own funds and he used a higher degree of leverage than what he'll use when trading the managed account through Fusion. For anyone who doesn't understand the effects of "leverage", as the leverage increases, so does the potential for growth AND losses. Dale will be trading our accounts with lower leverage ( at least in the beginning ) so even if he gained the exact same number of pips the actual dollars made would be smaller due to the lower leverage.

Also, the traders with Fusion will be paid 35% of the monthly profits as compensation which was NOT factored into Dale's returns. So let's suppose your account equity increased by $1000 in a given month...$350 of that would be paid to the traders. The nice thing is that their compensation is tied directly to their performance...if we don't make money, they don't make money.

I sense that you're a little apprehensive which is completely understandable, especially since you say you "don't know anything about forex".

My advice would be not to rush things. Sit on the sidelines for a few months and wait to see how Fusion performs then make your decision once we have some actual results.

If you're worried about "missing out", the only thing that's going away is the agent program. The opportunity to have Fusion trade your funds will still be there in a few months so please don't feel that it's now or never.

If this turns out to be "too good to be true, then you wouldn't have lost any money and if they turn out to be the real deal, you can still make a decision at that time to participate.

Of course it's your choice on how to proceed but don't ever feel rushed into making an investment decision.

scotty

Please send info on Forex to: [email protected]
Thanking you in advnce, Ralph Gonzales

hello,

could you please give me more info about this systeme.

any web address? how to sign up to this managed forex trading?

THANKS

Originally Posted by Rachel

hello,

could you please give me more info about this systeme.

any web address? how to sign up to this managed forex trading?

THANKS

Hi Rachel,

This particular thread has a lot of details on the Fusion ATS program. If you're looking for more you can try a Google search although I don't know that you'll find anything that isn't already mentioned here at ROLclub.

I have a link to the website in my signature, although it's pretty much a "dead page" at this point as it just says they've reached maximum capacity ( it will be opened up again in a few weeks ).

Right now people considering Fusion are faced with a few different options...

1) Join as a client...you can send me a private message and I will send you instructions on how you can join as a client only...please put "Fusion" in the subject line. There are no additional fees at this time...the only requirement is that your broker account(s) be funded with a minimum of $500

This option involves a "leap of faith" as none of us have any personal experience with the traders. We've heard about what they've accomplished ( and it's quite remarkable ) but it becomes much more meaningful when it's experienced firsthand

2) Potentially join as a client in the future...if you would like to track the results of the trader(s) before allowing them to manage any of your funds just send me a PM with your email address and I will add you to my list ( put "Trade Results" in the subject line ).

According to Fusion's Terms of Service, these results are not to be posted on any public websites, forums etc. however we can share them with our personal contacts. If you give me permission to email you, then I will pass along the results on a weekly basis.

Of course past performance is no guarantee of future performance, but it is still useful information for anyone contemplating whether to join.

If you decide to wait a couple of months and track the performance, I expect that the minimum funding amount will be at $2,500 per broker should you decide to join.

3) Wait to join as an agent...there are now 1500 agents within Fusion ATS with the most recent block of 500 being filled last Monday. The agent opportunity will be opened again to allow another block of 500 people, although I imagine the price will be increased.

This will eventually be capped ( the last I heard was 2500 agents ) and closed off for good but for the time being, there will still be an opportunity to take part.

If you send me a PM with your email address ( put "Agent" in the subject line ), I will let you know when the doors are once again opened. Depending on what the cost is, I will also consider helping any new agents to cover the cost of the fee.

Anyone who is interested in any of the above options, please feel free to send me a PM and I'll do what I can to keep you informed.

All the best,

scotty

Originally Posted by scotty

1) Join as a client...you can send me a private message and I will send you instructions on how you can join as a client only...please put "Fusion" in the subject line. There are no additional fees at this time...the only requirement is that your broker account(s) be funded with a minimum of $500

This option involves a "leap of faith" as none of us have any personal experience with the traders. We've heard about what they've accomplished ( and it's quite remarkable ) but it becomes much more meaningful when it's experienced firsthand

An update with regard to the "client only" option. I just heard from Jason that the $500 "client only" accounts are currently not available. It will be another few weeks before Fusion opens its doors again, so you'll have to be patient and perhaps get some due diligence done in the meantime.

Cheers,

scotty

interesting ...well like to receive info in the future

Hey folks,

I sent out an email update to everyone on my mailing list so please be sure to check your inbox. If you had requested to be on the list and didn't receive an email, then please let me know and I will try to resend it.

I have also come across a great conference call with Dale, one of Fusion's traders.

He provides some tremendous insight into his trading strategies and his past experience in the forex market.

The call is somewhat technical so it would be helpful to have at least a basic understanding of how forex trading works prior to listening in but even if you're brand new I'm sure you'll be able to pick up some beneficial information.

The link is from another website, so I don't want to post it publically. Please send me a PM with "conference call" in the subject line along with your email address and I will forward you the link.

Take care,

scotty