 
PerformanceMcLaren is now FULL and currently closed to new applicants.
October 2009 onwards the results are all taken from a live money account
Performance of the managed forex account is shown in the table below and is represented in percent (%). REG = Monthly Return. CMP = Compounded Return. * Please note that from Feb 2011 the live results are taken from the new 2nd brokerage. 2011
2010
The McLaren managed account is a conservative & robust strategy designed to provide consistent monthly gains with a relatively low intra month drawdown. The monthly average is 8.93% The current minimum investment amount is $10,000 USD.
The McLaren system is a "sleeping giant" in the sense that it’s both powerful and a longer-term steady trading system for the serious investor. You do not see trades in the account every day. It is not an action packed account like some of the other systems, but it goes through periods where it "erupts" with steep and healthy profits and has proven to deliver solid returns over time. Trades are taken on 4-hour charts in the direction of the longer-term trends. Trade setups occur during a pause or retrace in price action. If market conditions warrant, the system places a time expiring stop order when a valid setup is detected. If the market moves in our favour, the stop order is triggered and the system enters a trade. All orders are placed with hard fixed stop loss and take profit levels. Stop and take profit levels are determined by recent market movement. All trades are moved to “free trade” status (the stop loss is moved to breakeven + 2 pips) at an early stage and a multi-method trailing stop is used. The trade is then free to work until either reaching take profit or stop loss, or market conditions dictate closing the trade. McLaren does not trade on many major news days or any Friday, as the system prefers not to carry trades over the weekend whenever possible. A managed forex account allows an investor to have their funds traded professionally by an experienced trader via a limited power of attorney agreement (LPOA). The investor opens up an account at a reputable brokerage firm. The investor then funds his account. No one can touch the money in this account but the investor and the investor retains full access and control over the account at all times.
Risk and money management are paramount for the forex management of any system by particularly the McLaren managed forex account. At a risk setting of 1% per trade the system has averaged approx. 8.27% profit per month with a maximum peak to peak intra month drawdown of 1.9% Larger trade risk settings produce proportional larger profits and draw downs with the profit compounding becoming logarithmic at a much earlier stage. The preference is to run the system with a 3% risk setting for more aggressive profit targets. For larger investors interested in having their account traded with the 1% risk profile, please inquire (this would require a $100K minimum account balance). If you would like more detailed information, for example live statements to be sent to you then you can request this by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it You can also download the 3rd party audits for all the managed accounts Here
Brokerage InformationWe only use brokerages that are non-dealing desk ECN brokerages with tight inter-bank floating spreads. One is UK based and is FSA regulated and the other is owned by the Asian Pacific Banking group. All funds are segregated and held at Tier 1 banks such as HSBC London. We will direct you to the most appropriate brokerage upon application. |
Forex Managed Accounts
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