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Wednesday, August 5, 2009

Black Horse Fund Tweaks Algorithm For Larger Forex Gains

By Robert Miller

There are two things that every investor must do in order to be successful: They must first apply fundamental and technical analysis to the marketplace. And they must also stay diligent in how understanding what goes into their analysis, making changes as necessary.

Black Horse Fund, a private forex fund, has recently revised its proprietary algorithm to drive even greater success into its investing practices. While their algorithm undergoes continuous change, this most recent upgrade was noteworthy, even if they are keeping the details under wraps.

The private forex fund Black Horse Fund is a limited partnership. Partners pool their money and Black Horse Fund trades on their behalf, applying the collected expertise of their trading staff to profit from fluctuations in foreign currency, a market that is larger and more liquid than the equity market.

Fundamental analysis uses facts pulled from reports and news stories to create an economic picture about a specific currency, currency pair, or overall market condition. Expert traders then apply their experience and insight to formulate investment strategies based on what they've learned.

Technical analysis tracks trends and charts, comparing various pricing events in the life of a currency, currency pair, or overall marketing condition. Traders use an algorithm to monitor and flag these events and perform initial interpretation on the data. Then they take that initial data and perform their own insightful analysis.

The algorithm Black Horse uses has been an important part of their technical analysis right from the very beginning. But any member of the Black Horse Fund team will tell you: Creating the algorithm was just one step. Maintaining, upgrading, and enhancing it is a commitment to an ongoing improvement, all for the pursuit of greater gains.

Because of the success of their algorithm, and their trades overall, Black Horse Fund's available limited number of partnerships have virtually disappeared, filled up by eager investors who want to invest in a market that is far more liquid than the equities market. - 23204

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