FXCM Sentiment Fund - Page 4 - The Money Guru Forum

kadiir · #31 (**permalink**) 02-03-2008

Quote:

Originally Posted by alan

Well yeah, you can do that, but like I said you can never predict when things will turn around. What if when you've pulled out thinking the account was in a drawdown period all of a sudden they score a big pip win? You would've effectively shot yourself in the foot by missing on a profitable move. My account is in drawdown right now too. I'm very much hoping they would give me some breathing room to weather future drawdowns but we shall see what the forex muses have in store for my Sentiment Fund.

Notice I'm still in my account

Quote:

If this year they achieve the same 60% profit as they did last year I'd be a happy camper.

And that's why I'm still in, too

I am getting the impression, though, that their automated trading system doesn't handle a "down" market very well. They've only backtested the Aggressive fund to 2003. Depending on which currencies we're talking about, 2003-2007 could be considered an "up" market. One would think with all of the volatility recently, though, that they could have made some decent trades.

Just a novice thinking out loud again....

#32 (**permalink**) 02-03-2008

Quote:

I am getting the impression, though, that their automated trading system doesn't handle a "down" market very well. They've only backtested the Aggressive fund to 2003. Depending on which currencies we're talking about, 2003-2007 could be considered an "up" market. One would think with all of the volatility recently, though, that they could have made some decent trades.

Just a novice thinking out loud again....

Hmm..I don't think that the trading system employed was designed for a choppy market (volatile). From my understanding, it is more of a trend following system - hence the name "Sentiment" - ie market sentiment. When there is no general trend I've noticed the system just doesn't work.

So hopefully some big trend will reassert itself and we can ride it till the end.

milen · #33 (**permalink**) 02-23-2008

Quote:

Originally Posted by alan

Quote:

I am getting the impression, though, that their automated trading system doesn't handle a "down" market very well. They've only backtested the Aggressive fund to 2003. Depending on which currencies we're talking about, 2003-2007 could be considered an "up" market. One would think with all of the volatility recently, though, that they could have made some decent trades.

Just a novice thinking out loud again....

Hmm..I don't think that the trading system employed was designed for a choppy market (volatile). From my understanding, it is more of a trend following system - hence the name "Sentiment" - ie market sentiment. When there is no general trend I've noticed the system just doesn't work.

So hopefully some big trend will reassert itself and we can ride it till the end.

If our accounts are not drown

As I see this month will be again negative for us.

#34 (**permalink**) 02-23-2008

Hmm..yeah milen you're right. My test account is now at 834. I'm not that worried though as so far FXCM's Sentiment Fund has been pretty good at recovering from drawdowns (albeit not 100%).

I would be so happy if I were to see some consecutive winning months. You know, at least that would give me a "head start."

alan · #35 (**permalink**) 03-20-2008

Update - My account is now at 830 AGAIN. Man oh man this thing just can't get a break. This is the second negative month in a row.

alan · #36 (**permalink**) 4 Weeks Ago

Account performance update: My $1000 test account is now at $755.84 as of today.