IQ Managed Forex Trading Systems
|
IQM 1 Trading System |
|
| Key Facts | |
| Fund Name | IQM 1 |
| Charges | To be negotiated |
| Minimum investment Standard Account | $20 000 |
| Demo available | No |
TRADER PARTICULARS
| Name | Walid Salah El Din Mohamed, Egypt |
| Profession | FX Consultant |
| My details | My analyses has been published at FXstreet, since September 2002. I was the first Arabian writing about forex on this portal. I publish The Current Market Sentiment every day and I use this to determine the direction of my trading. I write for Forexforum.net, Smart Money, Moneysience.org, Stockjunction.com, Forexrate.co.uk, Forexcenter, Forexinterbank.com, Forexpros.com and Traders-Journal. |
| Years of Trading | 7 Years |
| Total Returns February 2003 to June 4,2004 as the month of the revision | 25,556 Points |
| Type of trading | Spot, Future and options |
| Average Leveraging | 1/20 |
| Average Monthly Trades | 156 |
| Which trading platform do I prefer for spot trading? | I prefer a Swiss broker because of their secure regulations and actual Executions. The Megatrader 4 trading platform is always welcomed. |
| What is the minimum investment (necessary for the system)? | For real investment 100k but we can start from 20 to 50 to build trust. |
| Are positions held over the weekend so that slippage risk applies? | Very rare to be mentioned. |
| Is a stop applied to every position? | Yes, it is just the time of placing it. |
| What’s the maximum stop distance (in % of the position held and the total capital available)? | Sizable as the risk, the target of the plan, the market changes, the main reason of the trade to leave it from my market experiences and certainty at the end. |
| What is the maximum risk to which the starting investment and/or the respective account value is exposed to at any given time (including risk of slippage and stop-out of all open positions at the same time)? | You can determine your own slippage. I can not say that you should stop at a certain level of loss. It is your own money and I am always ready to Trade. I leave it to you to determine. |
| How much is the performance fee? |
Normally 20% monthly, I prefer taking .5% as management fees with no commission as it can close the door for any uncertain trades which can effect the
results and it is to cover fixed costs as well (connections, systems,....)
|
| Trading Style | My trading bias is mainly on the change of the market sentiment which changes the current market discounted factors and determines the best to buy and the best to sell points. The sentiment can persist forming the trends which can be traded using my trading system and my own technical analyses. I use the Elliot wave theory and the main technical factors as the support and the resistances which is widely known to the market and should be appreciated. It is part of the market sentiment like the psychological levels. For example, if there is a focus on the trade deficit that can hurt a certain currency and can change the interest rate outlook of another currency, then there could be other factors which can contain the market sentiment, and these can materialize from data, events etc etc |
| Risk Management | I use 1/20 leverage in the normal times. As the amount of leverage and weight to any trade depends on the degree of my certainty. the trading is mainly on the change of the current market sentiment as what has been done recently by the sub prime loans in US, or the interest rate differential or whatever can contain the market sentiment from time to time. These can move the rates and change what was discounted. That's mainly with an appreciation of some technical factors which can persist and take effects like the psychological levels ……….I use a good trading system helping me to take the decision beside the experiences and the trading skills that have been had from the market. I let the certainty to determine the used margin percentage and it is nearly 10%. Less than 5% to get use of chances for a close limit and from 5% to 10% for the chances that can have longer term limits. |
| IMPORTANT NOTICE: Past results are not necessarily indicative of future results. Forex trading, even when done by a professional trader, presents substantial risk of loss, and only funds that a customer can afford to lose should be used for Forex trading. The information in this piece was obtained from sources which First Capital Trading ("FCT") believes to be reliable, but such information has not been independently verified or audited by FCT, and FCT assumes no responsibility for its accuracy. | |
|
IQM 1 Trading System Track Record |

Several factors contribute to the fact that Investors perceive the Forex Market as being inherent risky, although they admit that there is tremendous potential packed into this medium. IQM1 addresses this challenge with a unique flexible multi-system trading philosophy.
IQM1 boasts a trader with 6 years of of successful trading experience and proven track record in the market place.
IQM1 has a conservative investment policy to optimize profits in a volatile market. The following principles are adhered to:
|
IQM 2 Trading System |
|
1:1
|
%
|
|
2007
|
+
27.5
|
|
2006
|
-
4.33
|
|
2005
|
+
36.09
|
2008 Monthly Performance Report to date
| FX060 | USD | ||||||
| Notional Value 100,000 | |||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | |
| Monthly P/L | 132,226 | 150,985 | 142,488 | 139,342 | 126,518 | ||
| 2008 | 32.2% | 14.19% | -5.63% | -2.21% | -9.20% | ||
Additional Track Records will be provided on request only, direct from the trader
Click here to apply for a Managed Account on IQM1 or IQM2. Clearly state the account your are interested in.
Contact us for additional information