What is the Managed Forex Account trading teams overarching strategy?
The Managed Forex Account uses proprietary processes and discretionary trading strategies to focus on some of the most liquid currencies – including the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar, New Zealand and Australian Dollar – and appropriates higher leverage (typically between 1:1 and 20:1). Actual leverage at any point in time may be less than or greater than the typical range based on market conditions as deemed appropriate by GCAM, LLC in its sole discretion. The strategy of the Managed Forex Account program is to identify short- and medium-term trading opportunities (from a few days to intra-day) in the major currencies traded. This approach can be an attractive alternative to the mega-trend approach (where traders look for one or more mega-trends upon which to base their performance for a quarter or a whole year), particularly during periods with no recognizable mega-trend. Conversely, by successfully identifying mini-trends, the trading team
