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

Aug 24, 2011 at 20:55
36,860 Views
472 Replies
Member Since Apr 21, 2012   32 posts
Jun 20, 2012 at 22:59
Dear Gelsi,

To join our HotForex PAMM system, click here -

https://pamm.hotforex.com/managerdetails/?l=58974123512456235458096&usermode=0&refid=12504

Which broker are you trading with?

Best Regards,

GMI
Money Management is key to success
tradegroup
forex_trader_81836
Member Since Jun 21, 2012   4 posts
Jun 27, 2012 at 06:11
LonelyTrader
forex_trader_78261
Member Since May 22, 2012   10 posts
Jul 01, 2012 at 06:25
I would like to introduce to you fine traders LTG-Basket Case
https://www.myfxbook.com/members/LonelyTrader/ltg-basket-case/320723

low DD about 3.25% as of writting, 3960 pips booked, 11.20% returns

I know its only 1 month ( technically 3 weeks)
but this thing has been demod for 5 months, and the results are exactly the same...

Again I know its only 3 weeks, but bookmark it, and follow.
Member Since May 06, 2012   3 posts
Jul 04, 2012 at 12:35
nice to meet you all..

I would like to you also watch my trading use scalping technic ..
broker www.liteforex.com
Login : 1001594414
Password Investor : xl1uftg

regards

haris

Have a great day everyone!
never give up
Member Since Apr 25, 2011   262 posts
Jul 04, 2012 at 16:08

   aurakaya posted:
   nice to meet you all..

I would like to you also watch my trading use scalping technic ..

Welcome aurakaya! Please take the time to learn about creating a myfxbook account, and then post your account link.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Member Since Apr 25, 2011   262 posts
Jul 04, 2012 at 16:09

   LonelyTrader posted:
   I would like to introduce to you fine traders LTG-Basket Case

Thanks, I added it to my watchlist.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Member Since Apr 25, 2011   262 posts
Jul 04, 2012 at 16:14

   tradegroup posted:
   dear sir

we started EA.

https://www.myfxbook.com/members/tradegroup

Demo account1, 5592 trades, 100% winners...
Demo account2, 13929 trades, 100% winners...

If you believe you care do that in real accounts, please show them here.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Member Since Jul 07, 2012   1 posts
Jul 07, 2012 at 11:01
You may consider this:

https://www.myfxbook.com/members/andyc/andyc/341084

Live account, Managed account services, decent results (please note we only took over this acct from 28/6/2012 as u can see from the lot size)


Interested can email me to discuss. Thanks.
Member Since May 21, 2012   33 posts
Jul 09, 2012 at 15:51
https://www.myfxbook.com/members/dlathrop/dlathrop/309565

I hope to start raising capital in Jan. 2013. I just passed my series 3 & 34 exams and hold a Masters degree in Economics. I started this real money account in June with a monthly goal of 5% ROE. My max drawdown is currently 2.93%. My focus is on risk management and consistent results.

I'm a manual trader and use a combination of fundamental and technical analysis. My trading strategies include short term technical setups and trades based on changes in market sentiment.
There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
lkwong
forex_trader_77056
Member Since May 10, 2012   71 posts
Jul 10, 2012 at 11:19

   dlathrop posted:
   https://www.myfxbook.com/members/dlathrop/dlathrop/309565

I hope to start raising capital in Jan. 2013. I just passed my series 3 & 34 exams and hold a Masters degree in Economics. I started this real money account in June with a monthly goal of 5% ROE. My max drawdown is currently 2.93%. My focus is on risk management and consistent results.

I'm a manual trader and use a combination of fundamental and technical analysis. My trading strategies include short term technical setups and trades based on changes in market sentiment.

Nice one, but your risk reward seems inverted. Lets see how it goes in a few months. :0)

-LK
Member Since May 21, 2012   33 posts
Jul 10, 2012 at 16:37

   lkwong posted:
   

   dlathrop posted:
   https://www.myfxbook.com/members/dlathrop/dlathrop/309565

I hope to start raising capital in Jan. 2013. I just passed my series 3 & 34 exams and hold a Masters degree in Economics. I started this real money account in June with a monthly goal of 5% ROE. My max drawdown is currently 2.93%. My focus is on risk management and consistent results.

I'm a manual trader and use a combination of fundamental and technical analysis. My trading strategies include short term technical setups and trades based on changes in market sentiment.

Nice one, but your risk reward seems inverted. Lets see how it goes in a few months. :0)

-LK

You don't necessarily need to have a risk-reward ratio of 1:1 in order to be profitable in the long term if the percentage of trades you win is higher than 50%. I agree with you though - there's far too little data available on my profile for someone to really be able to judge my trading performance. Time will tell.
There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Member Since Jul 20, 2011   6 posts
Jul 25, 2012 at 15:17
Intraday scalping, pairs trading, hedging.
We are a team of two traders, and monitor the markets up to 24 hours.
Portfolio consists of several currency pairs and CFDs.
MM and RM is calculated so, as to leverage and capital will be used most effectively.
https://www.myfxbook.com/members/coxahfx/fxgrail/350866
Member Since Apr 09, 2012   32 posts
Jul 26, 2012 at 08:50
martingale mix with scalping. https://www.myfxbook.com/members/slandrath/ilan-trio-top-fuel/350231
god forgive...market don't
Member Since Apr 25, 2011   262 posts
Jul 26, 2012 at 14:30
The 2 systems posted recently here have just been started (4 days of history, including today):

https://www.myfxbook.com/members/coxahfx/fxgrail/350866
https://www.myfxbook.com/members/slandrath/ilan-trio-top-fuel/350231

To make matters worse, they are Demo accounts.
And if that was not enough, the second link already shows a 21.10% drawdown.

To anyone thinking they'll get any serious money from investors, I'll repeat the obvious: even if you are not, at least act as a professional money manager. Think of what you would like from him/her, and realize you are shooting yourself in the foot if the first impression about you is that of an absolute newbie. Don't post big words without, as the absolute minimum, a REAL money VERIFIED account. And if you don't have at least 1 month with 50 trades, show some patience and wait to make your account public until you get those two in place.

Btw, 1 month & 50 trades are just some arbitrary values I came up with, based on how little time I've seen it takes for accounts to blow up. Many investors will want much more!
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
Member Since Apr 21, 2012   32 posts
Jul 26, 2012 at 16:33
Hi Remus,

Hope you are well.

We totally agree with you.

Just a monthly notice on how we are doing with our Trend EA.

Our Trend EA has stopped trading for July and the results are out.

Please take a look and tell us what you think?

Are we going in the right direction?

Best Regards,

GMI

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

Money Management is key to success
Member Since Dec 01, 2011   10 posts
Jul 27, 2012 at 09:00
Hi,

Please check trading performance here

https://www.myfxbook.com/members/haridasshsb/harshidha/353689
to achieve great peak
Member Since May 17, 2012   221 posts
Jul 27, 2012 at 10:39
just another demo account
Wait for the trade to come to you... be patient.
Member Since Oct 21, 2010   41 posts
Jul 27, 2012 at 13:30
Hi Remus,

Nice to see you again sir :)
3-5% Monthly profit, Follow my zulutrade!!
Member Since Dec 01, 2011   10 posts
Jul 27, 2012 at 16:03
hello sir,

Sir, I dont have stuff to invest myself in forex. Thats what I want to prove my skill to other and let them to invest to my managed account. I have managed account with FXPRIMUS.
to achieve great peak
Member Since Apr 25, 2011   262 posts
Jul 27, 2012 at 16:42

haridasshsb posted:
hello sir,

Sir, I dont have stuff to invest myself in forex. Thats what I want to prove my skill to other and let them to invest to my managed account. I have managed account with FXPRIMUS.

I somewhat understand your point, even though there are good brokers who allow you to open with $200 or less. But here is the thing: even the profitable traders get themselves into trouble when managing money for others (whether publicly or just between friends). So from my point of view aspiring managers need to complete these 3 steps:

1) be profitable in demo; this part I believe they should keep to themselves (i.e. no need to publicly show demo accounts)
2) be profitable in real money account, which should be with a recognizable broker (i.e. no with MyUnknownSuperBroker)
3) be profitable in a managed account, i.e. show you can sustain your personal performance when trading other's money

Of course, you can skip these steps and dream about getting funded. I was just telling my side of the story. There is a lot more to it, but the above list is the minimum I expect.
He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
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