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20-40% performance fee (with high watermark) for Forex traders
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NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Apr 19 2012 at 16:25

   _An_ posted:
   Hello.

Look at my PAMM account:
http://www.myfxbook.com/members/_An_/pamm-18151/265850

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
lu_kenn

Member Since Apr 18, 2012  2 posts lu_kenn (lu_kenn) Apr 20 2012 at 08:23

   NextLevelForex posted:
   
   lu_kenn posted:
   Hi Remus,

Just to let you know I've submitted my details using your google docs template.

Regards,
lu_kenn


Thanks, I also got your private message and marked it for following up!

As per my post above, I'm not looking for money managers anymore. However, I will take a look at your results, since it's just fair, given that I did not announce the withdrawal of my offer until now.


Hi,

Oh well, I guess my timings just bad then :). Hope you've had a chance to look at my numbers. I'll leave all the history and values exposed for another 24 hours before locking them up again.

LuKenn

gmi_live

Member Since Apr 21, 2012  27 posts Global Markets Investing (gmi_live) Apr 21 2012 at 19:38
Hi there,

If you are looking for professional money management, look no further.

GMI, Global Markets Investing - www.gminvesting.com offers a safe investment solution.

Based on the risk you choose from the Risk Profile table at - www.gminvesting.com/products.html

You can see how much return our EA will generate for you.

EA runs on the GBPJPY pair, uses a SL of 100 pips and TP of 200 pips.

Once the EA achieves 200 pips, it will stop trading for the month.

The EA requires between 1 to 3 trades to achieve 200 pips on the GBPJPY pair.

You are welcome to see my Live Account, please click on the link below -

http://www.myfxbook.com/members/gmi_live/gmi-live-account/290028

Money Management is key to success
compounder

Member Since Feb 02, 2011  10 posts who wants to know (compounder) Apr 22 2012 at 02:29

Once the EA achieves 200 pips, it will stop trading for the month.


What is so magical about stopping to trade for a month after reaching a certain goal?
I mean, are you trying to appease some gods for stealing their pips or something?
Did you try different versions of the time frame? maybe 23 days or 41 days would work better?
I've seen this statement before and it just puzzles me since markets don't care about anyone in particular or how often you trade or whether you trade at all. They just move up and down and this makes me wonder what justifies this kind of statement especially since its the EA that makes the trades and it doesn't require vacation time to clear its head.

At the end of the day however if that is what makes you pips - all the power to you.

Best wishes with your trading

gmi_live

Member Since Apr 21, 2012  27 posts Global Markets Investing (gmi_live) Apr 22 2012 at 13:27
Dear Compunder,

Many thanks for your message.

We will do our best to answer your questions below -

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Q: What is so magical about stopping to trade for a month after reaching a certain goal?

A: It is not magic, but it is human nature, when we see profit, we want more, but with the EA, there is no greed to ask for more.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Q: I mean, are you trying to appease some gods for stealing their pips or something?

A: We have a simple yet powerful strategy to capture a minimum of 200 pips in the first 2 or 3 trades our EA takes. So there is no need to keep trading the whole month.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Q: Did you try different versions of the time frame? maybe 23 days or 41 days would work better?

A: Our EA works on 2 powerful indicators enabling us to catch the major swings in the GBP/JPY pair.

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Q: I've seen this statement before and it just puzzles me since markets don't care about anyone in particular or how often you trade or whether you trade at all. They just move up and down and this makes me wonder what justifies this kind of statement especially since its the EA that makes the trades and it doesn't require vacation time to clear its head.

A: Just think of it like this - GBP/JPY pair moves 400 to 500 pips in a month. Now, if you have a nice swing trading approach, surely you can capture 200 pips in the month :-)

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------

We leave you with 3 sample LIVE accounts to review our EA's performance -

Alpari UK : http://www.myfxbook.com/members/gmi_live/alpari-uk-live/290028

Trading Point : http://www.myfxbook.com/members/gmi_live/trading-point-live/290079

Uranus IG : http://www.myfxbook.com/members/gmi_live/uig-live/290242

Money Management is key to success
pedropires2

Member Since May 08, 2012  21 posts Billion Trendy ltd (pedropires2) May 16 2012 at 06:07
gmi_live

Member Since Apr 21, 2012  27 posts Global Markets Investing (gmi_live) May 16 2012 at 12:25
Thank you pedropires2 wink

Money Management is key to success
gmi_live

Member Since Apr 21, 2012  27 posts Global Markets Investing (gmi_live) May 18 2012 at 08:33
Hi Guys,

Important Update...

Yesterday our Trend EA achieved its targeted 300 pips for the month of May cool

No more trading for the rest of this month, we are off for 2 weeks lol

Best Wishes,

GMI

Money Management is key to success
gmi_live

Member Since Apr 21, 2012  27 posts Global Markets Investing (gmi_live) May 18 2012 at 08:33
Here are the results of the LIVE accounts

http://www.myfxbook.com/members/gmi_live

You can also compare the LIVE account results with our Demo accounts ;)

http://www.myfxbook.com/members/gmi_onix

Money Management is key to success
pt49

Member Since May 17, 2012  93 posts pt49 May 18 2012 at 12:31

   gmi_live posted:
   Hi Guys,

Important Update...

Yesterday our Trend EA achieved its targeted 300 pips for the month of May cool

No more trading for the rest of this month, we are off for 2 weeks lol

Best Wishes,

GMI

Just curious... why the hell stop at 200 or 300 pips in a month?

If you said 200 pips in a week, I could understand (afterall, every EA needs a rest at times).

There is NO logic whatsoever in stopping trading when you reach a pip (or profit) target. The market doesn't give a dam whether you made a profit or loss, and will never know either.

For instance I finally decided to post my trades on a small new public account on myfxbook yesterday, and made 5 safe trades (closing 3 of them) for a combined total of over 300 pips. Will that stop me trading more this month? No way Nellie!

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