5% average monthly profit for at least 2 years (with less than 25% max. DD)

fx21krisz posted:

Paracelsus66 posted:

I am not saying that the results are 'created', however, excluding it would be just 'due-diligence' before sending funds to a trading account registered in the Seychelle Islands... As even Bernie Madoff could make some nice statements for many years before the pyramid had collapsed on him...

Hey Paracelsus66, thanks for the reply. I know the owners personally, i meet them every week since i joind. But of coures they can lie, and it can still be a scam, but I dont think it is. They have just opened their new brokerage firm Best Choice FBC Inc. with a licence from Cyprus, and this brokerage company will offer the same DMAM service. I am from Hungary, and i could find their licence on the website of the Hungarian National Bank, before i invested. https://felugyelet.mnb.hu/bal_menu/piaci_szereplok/kereso/kereses?ktasearch_value=&ktasearch_label=&ktasearch_prev_value=&pmod=simpleSearch&n=Best+Choice+FBC+Limited&st=0&i=&a=1&x=15&y=12

I am quoting you: 'it can still be a scam'. You are ABSOLUTELY right. And apparently you don't have any problem with it when selling the product... Hmmm... How will you look in the mirror when it turns out to be a scam...??

I wonder why the owner is not running the same strategy at an independent '3rd party' 'mainstream' broker... Just for reference and to boost investors' morale. Why not...?? Good question, isn't it...??

The reason he has not done it is troubling. Really. Maybe when you meet him next time you could ask him why... I am sure you will get some evasive answers like: 'We do not need to prove anything to anybody', 'I don't care what people are saying on MyFxBook'... etc.

Registering another broker company in Cyprus does not increase credibility. It may be simply just a FACADE for the Seychelle operations to increase trust during the sales pitch when selling the 'product' by MLM to layman people. I am sure it is one of the facts you need to emphasize to potential clients (i.e. the Cyprus registration). Correct...???

Bernie Madoff had even more 'legitimate' and more 'reputable' companies and in strictly regulated countries like the USA and the UK! And still, he could build the largest PYRAMID SCHEME ever seen. A 65 BILLION USD scheme...! (https://money.howstuffworks.com/ponzi-scheme5.htm)

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

Yea, Me...

Ranked #1 in AutoTrade

VictorTous posted:
A relatively new one worth watching:
https://www.myfxbook.com/members/autotrade/johnpaul77/786533

Not 2 years, but IMPRESSIVE stats so far:
https://www.myfxbook.com/members/fxtrading4living/mla-investment-ltd-mam-managed/742015

Yes you are right with one of them, the other account was erased. anyways really impressive the second one.... from my experience the REAL monthly average without risking the account and trade in the long run , has to be below 7% avg per month...... there is a lot of hipe, scam, etc...... I manage bunch of accounts and also trade my money and my investors are quite happy with 5% monthly avg return which is an outstanding ROI, so do not believe in 100´s % gain per month.... it does not exist....

Ambush_Trader posted:

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

Yea, Me...

Ranked #1 in AutoTrade

Not exactly 2 YEARS yet, but otherwise EXCELLENT PERFORMANCE. Congratulations!

Anybody else, other than Ambush...?

the only on that i would put money is ambush trader

FxMasterGuru posted:
Anybody else, other than Ambush...?

@FxMasterGuru check out my statistics man! I´m a forex trader and manage more than 100 accounts, I have no 2 years history because, but you can track me every month.... I do not deliver crazy returns, but my investors know that they will get 5% avg every month for good....

Take Care.. by the way @Ambush_Trader look great!!!!

FERMONZOR posted:

FxMasterGuru posted:
Anybody else, other than Ambush...?

@FxMasterGuru check out my statistics man! I´m a forex trader and manage more than 100 accounts, I have no 2 years history because, but you can track me every month.... I do not deliver crazy returns, but my investors know that they will get 5% avg every month for good....

Take Care.. by the way @Ambush_Trader look great!!!!

@FERMONZOR

Thanks! My main concern with the results is the almost persistent DD on the account. Unfortunately it hinders equity growth.

In other words, there have been practically NO EQUITY GROWTH on the account since the end of September (i.e. over the past 2 months) and the monthly equity growth is less than 5% (probably around 4%) with a max. DD standing at -21.6%.

Dividing 21.6% by 4% gives the 'recovery time', which is 5.4 months in this case, i.e. it would take 5.4 months to recover from another max. DD situation. Of course, 'statistically'.

Anyway, the strategy is profitable, your investors are happy with their profits, your are happy with the performance fees, so Congratulations!

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

6% mo
19% max DD ever
more than year
https://www.myfxbook.com/members/togr/fxprimusc21/756902

It was fully verified but now it has only 1 green. I think it is because I changed inv pass.

Check out this account with Oanda.

Open since 2011, 7,382% all time, 263% this year, 46% this month.

https://www.forexfactory.com/ngdmnd/00#overview

lettuceprey posted:
Check out this account with Oanda.

Open since 2011, 7,382% all time, 263% this year, 46% this month.

https://www.forexfactory.com/ngdmnd/00#overview

Average trade time: 12 weeks !! MADNESS

togr posted:

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

6% mo
19% max DD ever
more than year
https://www.myfxbook.com/members/togr/fxprimusc21/756902

It was fully verified but now it has only 1 green. I think it is because I changed inv pass.

You must be kidding us. Reason is that if you analyze full history of this account, it is a losing one.
Any counter argument?
Thanks.
SC

scfx2000 posted:

togr posted:

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

6% mo
19% max DD ever
more than year
https://www.myfxbook.com/members/togr/fxprimusc21/756902

It was fully verified but now it has only 1 green. I think it is because I changed inv pass.

You must be kidding us. Reason is that if you analyze full history of this account, it is a losing one.
Any counter argument?
Thanks.
SC

Sure. I just used existing account as it was easier and faster for me.
Since the moment I put Caesar on account - NOV 2013 each month was profitable.
Previous trading has different characteristics and had nothing to do with Caesar performance.

scfx2000 posted:

togr posted:

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

6% mo
19% max DD ever
more than year
https://www.myfxbook.com/members/togr/fxprimusc21/756902

It was fully verified but now it has only 1 green. I think it is because I changed inv pass.

You must be kidding us. Reason is that if you analyze full history of this account, it is a losing one.
Any counter argument?
Thanks.
SC

Tomas' 'Caesar' strategy's performance is legitimate. Although it is a 'grid' strategy, it is the best one out there.

He mentioned on other forums that he had started this strategy not on a 'fresh' account which is why the previous history does not belong to the performance chart. His signals has lots of clients and subscribers and 'Caesar' is making real money for its followers.

Due to the high inherent risk I am not in favour of any grid strategies, mainly because I would not use them with large investments, but AGAIN: probably it is the best it can be for a GRIDDER.

I am well on the way to reaching this goal, with 4.6% last month and less than 1% drawdown. I have a maximum drawdown limit of 10%. My strategy comes directly from my coach and mentor who is a big hedge fund manager. He is the real deal, and his privately traded account makes 45% annually. This is the strategy he is teaching me. I have been at it for a few months now, just starting a demo account a bit over a month ago to put it all into practice.

I know I don't fulfill the 2 years rule or the live account rule, but if my results continue to improve, I will definitely be well within your parameters.


my demo account here: https://www.myfxbook.com/members/shayguevara/shay-guevara-2/1084359


thanks

Shay

@shayguevara

Congratulations, Shay! I have launched this thread a couple of years ago looking for real talents. Yes, there have been a few ones fulfilling almost all stated criteria, like CAESAR2.1 by @togr and AMBUSH (ranked No.1 in AutoTrade) by @Ambush_Trader. They are my favorites for many reasons.

I also read your other posts written in other forums. Your trading philosophy, psychological setup and initial (even demo) results are admirable for a 'beginner' and would be major achievements even for experienced traders.

Again, congratulations and 'two thumbs up'. Keep up the good work!

shayguevara posted:
I am well on the way to reaching this goal, with 4.6% last month and less than 1% drawdown. I have a maximum drawdown limit of 10%. My strategy comes directly from my coach and mentor who is a big hedge fund manager. He is the real deal, and his privately traded account makes 45% annually. This is the strategy he is teaching me. I have been at it for a few months now, just starting a demo account a bit over a month ago to put it all into practice.

I know I don't fulfill the 2 years rule or the live account rule, but if my results continue to improve, I will definitely be well within your parameters.


my demo account here: https://www.myfxbook.com/members/shayguevara/shay-guevara-2/1084359


thanks

Shay

It would be really interesting to see how the account develops in time. Now it's IMHO too fresh for any assumptions.

shayguevara posted:
I am well on the way to reaching this goal, with 4.6% last month and less than 1% drawdown. I have a maximum drawdown limit of 10%. My strategy comes directly from my coach and mentor who is a big hedge fund manager. He is the real deal, and his privately traded account makes 45% annually. This is the strategy he is teaching me. I have been at it for a few months now, just starting a demo account a bit over a month ago to put it all into practice.

I know I don't fulfill the 2 years rule or the live account rule, but if my results continue to improve, I will definitely be well within your parameters.


my demo account here: https://www.myfxbook.com/members/shayguevara/shay-guevara-2/1084359


thanks

Shay

@shayguevara Good Work! however your account is too soon to assess so let´s see how your skills and account develop through the time.... Good trading!

Ambush_Trader posted:

FxMasterGuru posted:
Can anybody show a VERIFIED LIVE account on MyFxBook with at least 5% average monthly profit for AT LEAST 2 YEARS and with less than 25% max. DD using a non-Martingale strategy...?

Yea, Me...

Ranked #1 in AutoTrade

What has happened to you dear Ambush Trader...? Looking at 2015 January results, it is like a different trader... A few days ago I counted 26 losing trades in a row (i.e. without a single winner). Anyway, I am puzzled... "Ranked #1 in AutoTrade..." Oooops, sorry, ranked #2...