SharePosts by PRandell
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Hi Cinlung,
You said in another managed account you are seeing proportional %. Are you saying you currently have a managed account with AlonFx or with someone else? And please let us know if it's a demo account or you're using real funds.
Agnilak,
Compounding features are rather easy to write, so I'm sure Alonfx could manage it, but I'm not sure if that's part of their strategy. Peter would be better suited to answer that. I too would like some sort of money-management baked in. But as the take profits are set to 10 pips and stop loss is set at 30 pips, I'm not sure what setting woul......
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Cinlung,
I think because AlonFx is taking fixed number of trades, and .10 lots, you would have gotten $652.62. The only way you would have received 65% of your $1500, is if alonfx would have taken more trades for just your account, or if they would have bought and sold larger lot sizes than .10. Remember, just because they had $1000 in the account, doesn't mean they were using all $1000 worth of playing power. And just because you increased your initial deposit to $1500, doesn't mean they would have used all $1500.
P
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Sounds good. Hopefully your new broker accepts US customers. What do you think about mbtrading and fxcm.
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Hi Peter. One more question. I was thinking of opening an account with Alpari, and this is what i found on their site:
MetaTrader 4 Pro account additional features:
* High volume trading at ultra competitive prices
* Multi-bank liquidity
* No-requotes
* High-speed, low latency trading
* Place orders inside the spreads
* Non-Dealing Desk execution
* Spreads below 1 pip*
In your last post to someone else, you mentioned that alpari would not be an option because one would need a $20k account with them. It seems their mt4 account needs a minimum $250. Would this......
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Hi Peter. So this broker takes US-based customers?
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Hi Peter,
Awesome. Thank you very much. Very impressive returns. Can we expect the same performance if we open up an account with your new broker? Also, is your new broker able to take US-based customers?
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hi Peter,
It's great to see that you've finally put a live account up for us to watch. However there are way too many details that are kept in the dark, and marked as private on the live account. There is very little information on the myfxbook page. We don't need to know the account holder's name, but it's very reasonable to see everything else from balance to daily gains. Afterall, if the account holder is trading 10 full lots and is getting some sort of break from the broker, anyone trading with a mini account may never see the kind of price execution this live account is experiencing.......
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Peter,
I think you'd agree that it is far better to give up a pip or two out of the 10 your system takes in, than to wake up one day and realize you can't get your gains out of a broker because they've closed their doors and disappeared. As for spreads being much higher at fxcm, you may be able to negotiate a rebate program from them if you contact them. Most brokers are open to some sort of compromise.
Jim,
None of profits matters if you can't get your money. The more you make, the more it's going to hurt when you see your broker was a scam. Do a google search on any of forex brokers me......
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Hi Peter,
Thanks for explaining it. I can see your point. Perhaps you can use FXCM. Here's a link to the mt4 platform option:
http://www.fxcm.com/metatrader.jsp
I have used them for many years, and I've never had any issues with withdrawals. I'm not sure if it suites all your requirements, but at the very least it has an mt4 platform, they accept global clients, and require low deposits. I don't work for them, and I don't get paid for posting this about them. I'm simply stating the fact that I've never had to worry about my funds with them. I can't speak for everyone else here, but if......
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Hi Peter,
It's great to see that you've made the changes. I'm sure everyone here appreciates the transparency. Your system looks great. I for one would be glad to try it out, but I'm not sure I agree with your choice of brokers. A simple search for NordMarkets in Google show nothing but bad reviews. Is there a reason why you cannot open a relationship with a well-known broker? There are plenty of big names out there. If your system performs the way it has been, it deserves to be put on a superior broker. No one will trust their money with these little brokers who may disappear with the......
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