I have started a MyFxBook thread in February of 2013 looking for a strategies producing 5% average monthly profit for at least 2 years with less than -25% DD (proven by a verified MyFXBook LIVE account running at a reputable broker).
Well, in 2013 I could not find any (which is why I started the thread). Lets fast forward to June of 2015: more than 2 years later still there has been NO SINGLE STRATEGY fulfilling the the above performance criteria on a single account... What does it tell...? One of these two:
1. Top traders with MT4 accounts are HIDING or working for hedge funds (as @james2015 had mentioned), and they don't need investors from MyFxBook or from anywhere else...
2. Simply NOBODY can achieve a consistent 5% (or higher) average monthly profit with reasonable safety (i.e. less than -25% DD).
I'd say it's nr 1 and I bet they gain a lot more than 5% average monthly return.
Btw, a 5% average monthly return over 2 years is 1.05^24 = 3.2251 or 322.51% So I did a search for systems with the parameters: More than 323% gain, Less than 25% drawdown, and age of system more than 2 years. I found 4 results. All 4 have track record and privileges verified, are real accounts and were opened with well known brokers (Synergy FX, FXCM and Oanda).
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