Research and Resources

Compile a list of your own of at least five prospective money managers who have some level of appeal to you. Perhaps it is their longevity that attracts, their trading method appeals to you, or their track record agrees with your risk-reward sweet spot. Then evaluate performance. Finally, of those who make your short list, conduct a due diligence review. You may begin by searching the Internet for forex money managers, currency money managers, forex trading advisors, and forex managed accounts. Forex Peace Army, has reviews of more than 300 managers and managed-account programs worldwide.

Both the retail trade and industry FOREX periodicals listed in The FOREX Marketplace, offer articles on and advertisements for managed FOREX. A number of companies track individual and fund FOREX account performance. They are an excellent source for lists, websites, and comparative performance analysis. Three excellent websites are:

By Michael Duane Archer
Michael Duane Archer has been an active futures and FOREX trader for more than 35 years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. He currently trades FOREX and futures and is involved in several technical analysis research projects.

Copyrighted 2016. Content published with author's permission.

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