Im an investor. How to find a consistent traders?
Feb 14, 2015 at 11:07
Guys the first account that i blew up with is my learning stage. At the time, i didn't know anything about trading. Please bear in mind that, even the most successful trader in the world do blow up few accounts before they even became successful. I have opened another real account at Oanda with 10000 investment, please observe that account. I will certainly be profitable in the long term. I have made 2.5 percent in the last 2 days, thank you.
Member Since Oct 22, 2014
10 posts
Feb 14, 2015 at 19:31
Dear Dan, First Forex Market like a Ocean, Traders always Surfers, Anyone or Everyone Never Predict market trend, and your money you become a Boss, Forex Market mainly depend market news, world situtation, trading time, choose of currency pair, don't trust anyone or everyone in forex market, bcoz almost of people still now also learning, no one have a master who is without failed 100 percent success ratio, no one there in the world. every trader try to without fail, but always market wins,trader failed without reach 100%, someone reach 100% but never maintain 100% record, better you will learn, do u want any training or other style of trading sense just give reply i will help u, bcoz profit time happy everyone, losing time pain and crying, but my word your lose must predictable at you trade time but your success is reward or unpredictable, wish you happy trade😁
Member Since Apr 22, 2014
45 posts
Feb 15, 2015 at 10:56
DFFXFUND posted:
Im an investor. How to find a consistent traders?
hi brother, i can suggest you use autotrade myfxbook
https://www.myfxbook.com/autotrade
you can see myfxbook claims : dont show losing system, dont allow demo trader, handpick best system only, only approve proven track record as signal provider.
What is a proven track record?
- A connected real and verified MetaTrader 4 account with Myfxbook with at least 3 months history.
- Drawdown of no more than 50%.
- Return of at least 10% and higher than drawdown.
- Average pip win per trade of at least 10.
- Average trade time over 5 minutes.
- System must not use any martingale/grid techniques.
- An account balance of at least $1000.
- At least 100 trades.
-------
myfxbook qualifications is not easy for many traders and make inspiration for me to take this challenge
I tested my 2015 system in Real Account 2015-02-02 - 2015-02-13
Gain +130% and +1700 pips in 2 weeks trading with highest DD only 16.6%
Week I Performance
Week II Performance
Risk Management
i prepare to make this system as automated signal in myfxbook autotrade as soon as possible
you can wait 3 month up to 1 years.
forex_trader_212313
Member Since Oct 16, 2014
14 posts
Feb 15, 2015 at 14:48
DFFXFUND posted:
Im an investor. How to find a consistent traders?
I'm an institutional trader, so I know how the banks recruit good traders. Here are the criteria they have to fulfill:
- 5 years of experience.
- Manage an individual account with more than 50k USD.
- Profit factor > 1
- Maximum drawdown = 10% (The bank has a risk management system to ensure the maximum drawdown criteria is obeyed, they will cancel all the positions when the drawdown reaches 10% level.)
- Minimum profit rate = lending interest rate this year.
- Have full details about their trading strategy.
- CFA level 3.
Member Since Feb 26, 2015
13 posts
Feb 27, 2015 at 07:36
Hi, take a look at my profile :))
Go big or go home!
Member Since Sep 23, 2010
17 posts
Mar 06, 2015 at 17:00
phoenixfxmanager posted:DFFXFUND posted:
Im an investor. How to find a consistent traders?
I'm an institutional trader, so I know how the banks recruit good traders. Here are the criteria they have to fulfill:
- 5 years of experience.
- Manage an individual account with more than 50k USD.
- Profit factor > 1
- Maximum drawdown = 10% (The bank has a risk management system to ensure the maximum drawdown criteria is obeyed, they will cancel all the positions when the drawdown reaches 10% level.)
- Minimum profit rate = lending interest rate this year.
- Have full details about their trading strategy.
- CFA level 3.
i do understand the rest of the criteria but how does a CFA level 3 help on trading forex? Do you mind to enlighten me. Thanks in advance
forex_trader_212313
Member Since Oct 16, 2014
14 posts
Mar 07, 2015 at 01:56
comeinvest posted:phoenixfxmanager posted:DFFXFUND posted:
Im an investor. How to find a consistent traders?
I'm an institutional trader, so I know how the banks recruit good traders. Here are the criteria they have to fulfill:
- 5 years of experience.
- Manage an individual account with more than 50k USD.
- Profit factor > 1
- Maximum drawdown = 10% (The bank has a risk management system to ensure the maximum drawdown criteria is obeyed, they will cancel all the positions when the drawdown reaches 10% level.)
- Minimum profit rate = lending interest rate this year.
- Have full details about their trading strategy.
- CFA level 3.
i do understand the rest of the criteria but how does a CFA level 3 help on trading forex? Do you mind to enlighten me. Thanks in advance
Hi, be an institutional trader, you need to have a wide and deep knowledge about financial market. I trade not only FX but also stocks, indices, ETFs, bonds, commodities, real estate and some derivaties like futures, options, swaps... I sometimes use binary option to hedge my position as well. One more condition, every institutional trader uses someone else money to trade so they must obey the code of conduct. That's why CFA level 3 or equivalent are highly appreciated, not required.
Member Since Sep 23, 2010
17 posts
Mar 07, 2015 at 05:06
Hi, be an institutional trader, you need to have a wide and deep knowledge about financial market. I trade not only FX but also stocks, indices, ETFs, bonds, commodities, real estate and some derivaties like futures, options, swaps... I sometimes use binary option to hedge my position as well. One more condition, every institutional trader uses someone else money to trade so they must obey the code of conduct. That's why CFA level 3 or equivalent are highly appreciated, not required.
Thanks for the advice, it's really informative.
Thanks for the advice, it's really informative.
Mar 10, 2015 at 07:37
DFFXFUND posted:
Im an investor. How to find a consistent traders?
I am currently working on a track record of my own, and am interested in managing money.
Previously, I have won a myfxbook trading contest and received a $500 prize, with over a 750% return. Currently, I have funded an account February 14th, and am already up 60% already, ahead of my tagert of 10% returns weekly returns, looking to compound my current account into something very significant. This is done by extensive research with respect to fundamentals and key economic events, with technical signals for entry.. purely discretionary trading. Leverage never exceeds more then 10 times the amount, entries are timed efficiently.
Cheers
Let the market come to you...
forex_trader_234835
Member Since Mar 04, 2015
61 posts
Mar 10, 2015 at 20:12
rozay posted:drefhill posted:
can't see your statement it doesn't work, but anyway statements can be manipulated so it's worth nothing really, at least get your account connected to you mybook account and certified/verified, i can't see anything in your myfxbook account.
ok i have updated it
Do you think that these results are impressive for someone?
Mar 21, 2015 at 23:36
DFFXFUND posted:
Im an investor. How to find a consistent traders?
https://www.myfxbook.com/members/Mars30/mars303/1171021 😎
Member Since Dec 10, 2014
107 posts
Apr 08, 2015 at 09:48
Mars30 posted:DFFXFUND posted:
Im an investor. How to find a consistent traders?
https://www.myfxbook.com/members/Mars30/mars303/1171021 😎
Interesting, Mars, but your account is private, so noone can see it.
I offer to look to my PAMM account.
Let's make a profit)))
Member Since Jan 19, 2015
206 posts
Apr 08, 2015 at 14:54
if u wanna find good traders go to mql community u will find good traders with lots of track record u can filter them out according to ur requirements two things shld be taken in consideration drawdown and equity growth dnt look for ppl with 70% drawdon and 100% monthly growth coz one bad month will blow you look for consistent traders who r trading there for more than a year and has good returns with low drawdown it will be difficult to find a person with 10 % drawdown unless they target low profit best part about mql community is u jst have to pay monthly fees to follow the trader no profit sharing and all rest u can do settings in mt4 for how much loss u can take from him etc etc etc
Greed and Non acceptance are the biggest enemies
Member Since May 04, 2012
1608 posts
Apr 10, 2015 at 08:20
MTexpert posted:
Ready to work on your account.
With a nice Martingale... +18.8% profit this year by losing -3781.00 pips
You collect performance fees until it works, and when it crashes, a simple "Sorry, Man" will conclude the deal.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
