Friday, May 11, 2012

It was a decent day yesterday as I moved into 491 place. I hit a EURUSD for $273.36 and a GPDUSD for $267.94. Equity now stands at $50,376.69, +0.75% for the tournament.

Thursday, May 10, 2012

It was a rough day yesterday as I took a loss on 2 trades. GBPUSD pulled me back. Right now equity is $49,735.56 with a start up of $50,000. My rank is 1781. We'll check back with results tomorrow.

Wednesday, May 9, 2012

I finally got everything set up with myfxbook and FXCM for the latest forex contest. I'll be trading EURUSD and EURGBP exclusively using 2 free EA's. For EURUSD I'll be using FT_Scalp_Parabolic and for EURGBP I'm using EURGBP King v1.4. If I don't win the contest, at the very least I'm looking to show a profit for the month. I will be using Swiss Army EA for money management for EURGBP King v1.4 and manual intervention to close out a trade for both bots if I'm showing a good profit. AS of 8:am EST, I closed out one trade, EURGBP King $370.81 in profit.


You can follow me at myfxbook http://www.myfxbook.com/members/h2eiXl7R/passion/302747

See where I rank at http://www.myfxbook.com/contests/trading-championship-may-2012/8

Saturday, March 17, 2012

Latest DEMO update

I had an exceptionally good week. At the end of trading 3/16/2012, my balance stood at $59755.98. Starting with $50,000USD on 2/24/2012, this represents an increase of of 19.5%. You can verify this at http://www.myfxbook.com/portfolio/scoutkimosabi/254593.

If you would like to trade live with me at any time, open a trading account with FinFx. https://www.finfx.fi/en/managed-accounts/IB113450 I require a minimum of $50,000 USD to trade with me. You can also drop me an email at jeffreybrandes@gmail.com if you have any questions.

Saturday, March 10, 2012

Scoutkemosabi update

After today's trading 3/9/2012 I hit a high water mark of $54,764.31 (9.528% profit).

Monday, February 27, 2012

New Demo Account

I opened up a $50,000 demo account today with Finfx.  My goal is to turn it into $300k in one year or sooner.  I will be scalping several different pair daily.

I will be doing mixed trading...an ea and manual  The bot is proprietary so there is no need to ask.  I will be using 5% risk with money management.  I am also in the process of having a bot coded for me by "Dizdique."  Once he gets it working the way I'd like it to, we'll go online live.  In the mean time, follow along with me for fun at http://www.myfxbook.com/members/h2eiXl7R/scoutkimosabi/254593 or if you are so inclined, ask me about trading this system live with me.

If you would like to trade live with me at any time, open a trading account with FinFx. https://www.finfx.fi/en/managed-accounts/IB113450  I require a minimum of $50,000 USD to trade with me.  You can also drop me an email if you have any questions.

Monday, January 16, 2012

Disclaimer

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS HICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Investing in Forex

The benefits of a Jeffrey Brandes Forex Managed Account:

FinFX is very pleased to offer a highly competitive long-term partnership program for Money Managers.

As a money manager, I may start managing portfolios of individual or institutional investors. By partnering with FinFX I am given an opportunity to manage client funds and benefit from the trading. When I chose FinFX to manage my client assets, you can rest assured all trades are transmitted to markets STP (straight through processing). FinFX is connected to multiple banks using PrimeXM based bridge and Integral Multi Bank FX Grid as a liquidity provider.

The benefits of the FinFX Percent Allocation Management Module (PAMM) are:
Live P&L data for clients
Daily/instant reports on individual accounts
Multiple account management directly from MetaTrader4 Client Terminal
Unlimited trading accounts
One-click order execution
Different allocation methods
Full SL/TP functionality
Flexible trading options

As a money manager, I can make trades personally or use EAs that enables me to apply different trading strategies. Money managers are free to establish performance % fee- or pip-based remuneration structure at their discretion.

Besides excellent STP execution, FinFx offers access to the sophisticated trading platform Power Trader for the professional traders. Their PAMM model also maintains high security standards for the clients of money managers. The client authorizes money manager via a Limited Power of Attorney (LPOA) to execute trades on behalf of the client while keeping 100% ownership right for its funds. Client’s account is virtually connected to the money manager’s trading account in a way all the trades done by the money manager are reflected in the client’s account.

FinFx Customer Service and Back-office support are dedicated to providing full management support to their money managers and their clients. All of their partners are provided with the informative reports on the daily-, monthly-, and yearly-based system that enables them to analyze client database regularly.

By choosing FinFX to perform my management services, I chose the best environment to demonstrate my high trading skills and experience