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Where are good FX Managers?
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
Mar 15, 2010 at 16:02
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
Hello again,
It seems to me that this is a very sensitive matter. After 2 days, there are still no reply in here but I received 2 private messages that offer help (thank you to them).
Why this is something people don't want to talk about? Anyone know anu good traders that have managed accounts please share.
I think money should flow to where it can grow (good rate & steady).
Who of you is a good FX Manager, let stand out to trade for us.
King
It seems to me that this is a very sensitive matter. After 2 days, there are still no reply in here but I received 2 private messages that offer help (thank you to them).
Why this is something people don't want to talk about? Anyone know anu good traders that have managed accounts please share.
I think money should flow to where it can grow (good rate & steady).
Who of you is a good FX Manager, let stand out to trade for us.
King
เป็นสมาชิกตั้งแต่ Sep 04, 2009
879 โพสต์
Mar 15, 2010 at 16:09
เป็นสมาชิกตั้งแต่ Sep 04, 2009
879 โพสต์
KingInvestor posted:
Hello again,
It seems to me that this is a very sensitive matter. After 2 days, there are still no reply in here but I received 2 private messages that offer help (thank you to them).
Why this is something people don't want to talk about? Anyone know anu good traders that have managed accounts please share.
I think money should flow to where it can grow (good rate & steady).
Who of you is a good FX Manager, let stand out to trade for us.
King
Who is 'us' ??
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
Mar 15, 2010 at 16:16
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
'Us' here are many investors that have money but don't have the time to trade or learn to trade by themself. There are many of them including me and my relatives/friends. I see a huge potential in Forex, there must be a place where investors can find good traders to invest in.
I see some good looking performance here but since Equity is not shown so it is not enough. That is why I encourage good traders stand out so that investors can invest in them. This is good for both sides.
Please.
I see some good looking performance here but since Equity is not shown so it is not enough. That is why I encourage good traders stand out so that investors can invest in them. This is good for both sides.
Please.
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
Mar 15, 2010 at 19:37
เป็นสมาชิกตั้งแต่ Jan 26, 2010
26 โพสต์
I have managed my own money only, but have considered also managing others. I have made decent returns, but they don't stand out from the masses, since 2009 was a very good investment year (just buy&hold anything). My target is to make 20-25%
annual gain, and last year I made around 45%...In 2008 I lost something like 5% (I was only learning to trade FX then) and before 2008 I did not trade FX, only stocks (already since dot-com bubble). My equity is around 100k in Euros.
Here are some reasons why I have not made it to money management yet:
-I don't have contacts in the industry, so I would have to work hard as salesperson to get real customers (and develop contacts also)
-If I signed up couple of friends as 'customers', they would have so little to invest that I would make virtually no money as management fees....e.g. 1000euros each customer would be just a nuiscance to manage.
-I barely have enough time to do all the work needed to trade FX well enough
-I want to have a good track record to show (2009 record is not enough, since the year was too easy to make money)
I live in Finland and it would propably be very diffucult to get big customers here locally. There are even no jobs here at forex industry at all. How likely it is that people would invest in my managed accounts if I would not meet them personally, but over Internet only? that would propably be again very small under 10k euros accounts.
annual gain, and last year I made around 45%...In 2008 I lost something like 5% (I was only learning to trade FX then) and before 2008 I did not trade FX, only stocks (already since dot-com bubble). My equity is around 100k in Euros.
Here are some reasons why I have not made it to money management yet:
-I don't have contacts in the industry, so I would have to work hard as salesperson to get real customers (and develop contacts also)
-If I signed up couple of friends as 'customers', they would have so little to invest that I would make virtually no money as management fees....e.g. 1000euros each customer would be just a nuiscance to manage.
-I barely have enough time to do all the work needed to trade FX well enough
-I want to have a good track record to show (2009 record is not enough, since the year was too easy to make money)
I live in Finland and it would propably be very diffucult to get big customers here locally. There are even no jobs here at forex industry at all. How likely it is that people would invest in my managed accounts if I would not meet them personally, but over Internet only? that would propably be again very small under 10k euros accounts.
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
forex_trader_8864
เป็นสมาชิกตั้งแต่ Mar 18, 2010
127 โพสต์
Mar 21, 2010 at 09:17
เป็นสมาชิกตั้งแต่ Jan 26, 2010
26 โพสต์
Hi! Of course technology can not totally prevent scams, but fx-platforms offer a method, so that you don't have to
send money to the manager at all, just give them access to trade your account, so that ONLY YOU can withdraw the
money any time you want.
I'm using Oanda as a platform, and they have a 'FX manager' service, where a money manager can trade pooled FX accounts. Oanda also keeps track of the deposits/withdraws of each investor/client and also automatically takes the performance
fee for the manager whenever profit is made (high watermark principle applies).
Since I am seriously considering managing FX accounts, I would be interested to try out this 'FX Manager' as a trial basis. I do not need big fees for now, so we could agree a low-fee/low-initial deposit deal, for a trial period of at least 6months, after that we could decide together, if we want to continue with some serious money/business.
My track record is not yet available here in Myfxbook, but I will put it here if interest arises. My experience as a trader is described above in my previous post.
send money to the manager at all, just give them access to trade your account, so that ONLY YOU can withdraw the
money any time you want.
I'm using Oanda as a platform, and they have a 'FX manager' service, where a money manager can trade pooled FX accounts. Oanda also keeps track of the deposits/withdraws of each investor/client and also automatically takes the performance
fee for the manager whenever profit is made (high watermark principle applies).
Since I am seriously considering managing FX accounts, I would be interested to try out this 'FX Manager' as a trial basis. I do not need big fees for now, so we could agree a low-fee/low-initial deposit deal, for a trial period of at least 6months, after that we could decide together, if we want to continue with some serious money/business.
My track record is not yet available here in Myfxbook, but I will put it here if interest arises. My experience as a trader is described above in my previous post.
Mar 23, 2010 at 21:39
(แก้ไขแล้ว Mar 23, 2010 at 21:39)
เป็นสมาชิกตั้งแต่ Feb 12, 2010
23 โพสต์
เป็นสมาชิกตั้งแต่ May 19, 2010
6 โพสต์
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
May 21, 2010 at 22:32
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
There are a few traders wanted me to give them login info for them login to my account (MT4 account)so that they can trade for me.
The problem is I have account with Forex.com (UK) and the login info to MT4 platform or to 'myaccount' in their website for depositing/withdrawing are the same. That is not good.
Is anyone have a better way?
Thanks,
K
The problem is I have account with Forex.com (UK) and the login info to MT4 platform or to 'myaccount' in their website for depositing/withdrawing are the same. That is not good.
Is anyone have a better way?
Thanks,
K
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
May 21, 2010 at 22:34
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
STC_83 posted:
just check the systems , and select a correct drawdown ...
https://www.myfxbook.com/systems
Note that the drawndown appear here is balance drawndown, not Equity drawndown.
Equity curve is the number one wish list in myfxbook and they are working on it.
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
May 21, 2010 at 22:37
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
pipinvestment0 posted:I also know that. It seems there are not many PAMM account manager.
To manage a FX account their are several ways to avoid scam, bad traders, and payment problems.
PAMM: Percent Allocation Management Module;
Anyone can introduce me/us someone providing good managed account using PAMM ?
Thanks
เป็นสมาชิกตั้งแต่ May 19, 2010
6 โพสต์
เป็นสมาชิกตั้งแต่ Sep 04, 2009
879 โพสต์
May 27, 2010 at 12:02
เป็นสมาชิกตั้งแต่ Sep 04, 2009
879 โพสต์
goodtrading posted:
Just made a small trading simulation.
I can obviouslly trade for much more conservative goals depending on the amount traded.
Am willing to trade one big account for profit sharing.
Thank you.
9 days trade history?? A bit early for hunting clients, isn't it? 🙄
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
May 28, 2010 at 02:19
เป็นสมาชิกตั้งแต่ Mar 13, 2010
23 โพสต์
I have just gotten 4 more private emails offering managed account service. Some of them have a website too.
To me, picking a good FX Manager need a lot of work. There are many people say they can trade well, but none of them can proof that yet. I think puting your account performance in Myfxbook.com is a good way to attract potential clients (althought not perfect yet since there is no Equity curve yet).
So, please so your performance first then further steps will base on that.
Regards,
K
To me, picking a good FX Manager need a lot of work. There are many people say they can trade well, but none of them can proof that yet. I think puting your account performance in Myfxbook.com is a good way to attract potential clients (althought not perfect yet since there is no Equity curve yet).
So, please so your performance first then further steps will base on that.
Regards,
K
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