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usd25,000 waiting for good trader / fund manager
forex_trader_36552
Členom od May 13, 2011
13 príspevkov
forex_trader_2062
Členom od Oct 24, 2009
186 príspevkov
Členom od Jan 14, 2010
2299 príspevkov
May 13, 2011 at 22:30
Členom od Jan 14, 2010
2299 príspevkov
$25 000 as a testing account is ok. But there should be much bigger carrot behind than $100 000 which is also very small amount for trading FX market considering FX price action and especially with 15-25% which is very low for this kind of money.
Členom od Jan 14, 2010
2299 príspevkov
May 14, 2011 at 00:21
Členom od Jan 14, 2010
2299 príspevkov
I simply believe that after trader provided track record with good risk control, reasonable returns and was tested on testing account there should be amount to manage enough for trader to make good living by making reasonable returns with good risk.
having trader trade $25-100 000 for this kind of pay practically encourages excessive risk taking.
having trader trade $25-100 000 for this kind of pay practically encourages excessive risk taking.
Členom od May 14, 2011
10 príspevkov
May 14, 2011 at 04:02
Členom od May 14, 2011
10 príspevkov
Conduct 2 months demo contest and find winner for this
Členom od May 06, 2011
10 príspevkov
May 14, 2011 at 05:14
Členom od May 06, 2011
10 príspevkov
Členom od Jan 14, 2010
2299 príspevkov
May 14, 2011 at 10:14
Členom od Jan 14, 2010
2299 príspevkov
contest is a bad idea. Being good fund manager/ trader is about being a turtle, not a rabbit.
Členom od May 14, 2011
10 príspevkov
May 14, 2011 at 14:37
Členom od May 14, 2011
10 príspevkov
We can find good trader from contest, based on your requirement..
forex_trader_2062
Členom od Oct 24, 2009
186 príspevkov
May 14, 2011 at 15:42
Členom od Oct 24, 2009
186 príspevkov
What the traders do in contest none will do with real money. The high leverage allows then to use very large lot numbers. In some cases, you see that the traders has 1000 % win with 500 pips, again, due to large lot settings and high leverage allowed, hence, in my opinion, this will not do. What is important is the numbers that comes out from the strategy, using realistic lot numbers and realistic SL and a leverage at least of 1:100, a good PF ( I think to be a manager , you should have over 1.5 PF) and a GHPR greater than one, is enough for anyone to invest in.
Členom od Jan 14, 2010
2299 príspevkov
May 14, 2011 at 17:41
Členom od Jan 14, 2010
2299 príspevkov
Contest will not reveal the best fund manager. I know for a fact one guy whom I like very much and who won contest but was not able to manage OPM after he was given the chance. Contest has time limits but trader's career doe snot. Contest also encourages excessive risk taking which is not good for real account management.
forex_trader_2062
Členom od Oct 24, 2009
186 príspevkov
Členom od May 14, 2011
10 príspevkov
May 15, 2011 at 04:13
Členom od May 14, 2011
10 príspevkov
Contest in forex to find the systems, not the % of gains.If your system does not produce good results in 30 trading days.I can say its not good one.
Členom od May 06, 2011
10 príspevkov
May 15, 2011 at 06:01
Členom od May 06, 2011
10 príspevkov
contest with strict condition would be good
Členom od May 06, 2011
10 príspevkov
May 15, 2011 at 06:03
Členom od May 06, 2011
10 príspevkov
for those traders who want to get investors automatically, can register as PAMM trader with broker instaforex.com
register here : https://instaforex.com/index.php?x=TW
register here : https://instaforex.com/index.php?x=TW
Členom od May 16, 2011
35 príspevkov
May 16, 2011 at 06:31
Členom od May 16, 2011
35 príspevkov
There is a solution to this issue. It is to set a limit of bhow much of starting demo capital can be traded. Example if the account is $50,000 then only 20% can be traded at any one time.
forex_trader_36552
Členom od May 13, 2011
13 príspevkov
May 21, 2011 at 08:13
Členom od May 13, 2011
13 príspevkov
bu-hu-hu! better i go to play badminton ... lol
forex_trader_27988
Členom od Jan 26, 2011
1367 príspevkov
May 21, 2011 at 19:47
Členom od Jan 26, 2011
1367 príspevkov
forex2u posted:
for those traders who want to get investors automatically, can register as PAMM trader with broker instaforex.com
register here : https://instaforex.com/index.php?x=TW
i see 1000:1 leverage.
is that available to united states traders?
regards,
edward/.
forex_trader_2062
Členom od Oct 24, 2009
186 príspevkov
May 21, 2011 at 21:42
Členom od Oct 24, 2009
186 príspevkov
That leverage is equal to 'take my money and run'.
No thanks.
No thanks.
Členom od May 06, 2011
10 príspevkov
May 22, 2011 at 09:13
Členom od May 06, 2011
10 príspevkov
zzzero posted:
forex2u posted:
for those traders who want to get investors automatically, can register as PAMM trader with broker instaforex.com
register here : https://instaforex.com/index.php?x=TW
i see 1000:1 leverage.
is that available to united states traders?
regards,
edward/.
yes i think so... for all
its good for learner...i did raise my usd10 to usd100... using 1000:1
Členom od May 23, 2011
4 príspevkov
May 24, 2011 at 12:42
Členom od May 23, 2011
4 príspevkov
follow me on twitter on ablforextrader I just started today on my programme. All trades are shown in real time with entries, exits stops and TP.
I trade for a large US bank as their product but started my own programme today and building my personal track record for managed forex accounts. Did 97 pips this morning on first day. Style will be safe, short term trading with 4% risk per 50 pips a day. Longer term style also done when the setup is there. Risk is 0.5% per trade. Results should be, from past experience over 20% monthly.
I will send results monthly as I am just building my own accounts.
I trade for a large US bank as their product but started my own programme today and building my personal track record for managed forex accounts. Did 97 pips this morning on first day. Style will be safe, short term trading with 4% risk per 50 pips a day. Longer term style also done when the setup is there. Risk is 0.5% per trade. Results should be, from past experience over 20% monthly.
I will send results monthly as I am just building my own accounts.
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