As of 17:00 EST – FXGURU has lost a little ground – about a 20%+ drawdown.
Closed:
None
Open:
4 open – All LONG USDCAD – this is hurting big time…
-$238.27 Open with swaps and commissions
$1034.99 Balance
$ 796.72 Equity
Summary: 24 trades | 21 wins | 3 losses but has 4 open losers right now
Biggest Win: $7.60 | Biggest Loss: $1.50
As of 17:00 EST – FXGURU has lost a little ground.
Closed:
+1.72 Total with commission and swaps
Open:
5 open – 4 getting hurt
-$127.43 Open with swaps and commissions
$1028.52 Balance
$ 901.08 Equity
Summary: 24 trades | 21 wins | 3 losses but has 4 open losers right now
Biggest Win: $7.60 | Biggest Loss: $1.50
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
As of 17:00 EST – FXGURU made a little progress today.
Closed:
+2.70 EURUSD
+0.99 USDCAD
+3.64 Total with commission and swaps
Open:
4 open – a little bad but it made some progress today
-57.36 Open with swaps and commissions
$1025.52 Balance
$ 968.17 Equity
Summary: 23 trades | 20 wins | 3 losses
Biggest Win: $7.60 | Biggest Loss: $1.50
As of 17:00 EST – FXGURU is getting a little damaged but closed some good trades today.
Closed:
+0.59 USDJPY
+0.14 USDJPY
+1.98 GBPUSD
+3.90 USDJPY
+5.98 Total with commission and swaps
Open:
4 open – a little bad but it made some profits today
-71.25 Open with swaps and commissions
$1021.89 Balance
$ 950.64 Equity
Summary: 21 trades | 18 wins | 3 losses
Biggest Win: $7.60 | Biggest Loss: $1.50
As of 17:00 EST – FXGURU is getting a little damaged.
Closed:
-1.50 EURCAD
+3.06 EURUSD
+1.24 Total with commission and swaps
Open:
2 open – coming back
-35.61 Open with swaps and commissions (came back about $10)
$1015.91 Balance
$ 980.30 Equity
Summary: 17 trades | 14 wins | 3 losses
Biggest Win: $7.60 | Biggest Loss: $1.50
As of 17:00 EST – FXGURU is getting a little damaged.
Closed:
+7.60 long a usdchf
Open:
4 open – all getting hurt
-45.11 Open with swaps and commissions
$1014.66 Balance
$ 969.55 Equity
Summary: 15 trades | 13 wins | 2 losses
Biggest Win: $7.60 | Biggest Loss: $1.46 (current 1 open trade is down 23.24 at the time of my statement
As of 17:00 EST – FXGURU closed none trade and had 3 opened. Not a good day. Very bad 
Closed:
none
Open:
3 open – 2 losing big and 1 even
-25.89 Open with swaps and commissions
$1007.06 Balance
$ 981.17 Equity
Summary: 14 trades | 12 wins | 2 losses | +$22.06 on balance (2.2%) – very low risk exposure
Biggest Win: $6.15 | Biggest Loss: $1.46
As of 17:00 EST – FXGURU closed 1 trade and had 1 still opened.
Closed:
+4 EURUSD .09 lots (+$0.56 with swap)
Open:
+12 USDCAD .18 lots +$1.80
+$1.80 Open with swaps and commissions
$1007.06 Balance
$1008.86 Equity
Summary: 14 trades | 12 wins | 2 losses | +$22.06 on balance (2.2%) – very low risk exposure
Biggest Win: $6.15 | Biggest Loss: $1.46
The latest update can be found here. Currently 12 wins with only 2 losses.
