A fellow trader asked me how things were going with FX Guru. My comments are below…

Sure – from what I can gather the results posted are real. They are matching my account. However, my account is under management and I think the site performance is for signals. Results have been good, but my only concern right now is we have 4 open positions on th USDCAD (-260, -228, -146 and -7 pips) for me thats down ($43, 28, 9, 2) which is pretty deep into my equity right now. I’m not sure if they let losers run, but I’ve seen a few other trades go bad that came back. Time will tell, I would have been happier if they just cut their losses, but they are the managers. That’s why I hired them…to make the tough decisions…

Minnelli