Im an investor. How to find a consistent traders?

Feb 07, 2015 at 10:28
10,749 Views
267 Replies
Member Since Sep 16, 2014   59 posts
Jun 11, 2015 at 06:52
Guys i have changed my strategy from taking profit of risk reward of 1:3 to only 1:1.5. Do you guys think it will be more profitable in the long run as i have noticed a lot of trades which should have taken profit at 1:1.5 but beacause i let it run till 1:3, ,most of them have reversed resulting in only small profit. What do you think guys? please let me know, thank you.
Member Since Sep 16, 2014   59 posts
Jun 11, 2015 at 07:00
Hey is it ok to risk 3 percent per trade?
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jun 13, 2015 at 15:13
It depends how much trades you open at the time...
Member Since Jun 18, 2014   63 posts
Jun 24, 2015 at 07:01
our team can managed your funds to buy stocks with %100 profit in a 2 year time frame
miomax
forex_trader_229154
Member Since Jan 29, 2015   87 posts
Jun 24, 2015 at 07:21
welcome to my pamm
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jun 28, 2015 at 06:25
What is your maximal risk per all open trades ? in % of capital.
miomax
forex_trader_229154
Member Since Jan 29, 2015   87 posts
Jun 28, 2015 at 09:49
up to 20%
Member Since Jun 17, 2015   42 posts
Jun 28, 2015 at 13:38
There is a line you can cross between investing and speculating (gambling)

Managed FX as an investment should look to return 25-40% per year after fees with draw downs of less than 3-4%
Max gearing used should be no more than 3:1 and a max of 2:1 is preferable.

Here are the simple sums (no gearing)

Two trades per day average win +25 average loss -15 Hit Rate of 70%

assume 20 trading days per month that a total of 480 trades per year

per month 28 wins of +25 (average) = +700 pips
per month 12 losses of -15 (average) = - 180 pips

that's a gross total of 520 pips

Assume a USD account trading say EUR/USD and Cable then you have a gross profit of 5.2%

Take a 35% management fee - gives you about 3.4% net per month

Ignoring compounding that's 40.8% net after fees to the client

Remember the above are simply averages as viewed over a 12 month period - there may be times where a traded stop needs to be further than 15 pips from open (and obviously spreads and therefore trading time is a key factor) but never should more than 0.5% be risked on a single trade.

If you can do that and keep the draw downs below 3%: - You will have access to all the Assets Under Management you will be able to cope will and you will make a fortune...

In the real world you cannot sell high leveraged programs as the risk element to too great - remember savvy investors always look at the downside risk before they consider the profits!

Of course these are just my thoughts and targets from working in the sector and having my fair share of wins and losses over many years.

Sean
market nobility
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jun 29, 2015 at 06:34
Hmm. You are right in general. It depends how you present your system : in high risk mode or in low risk one.
All depends on the lot sizes you trade. Nothing is wrong to have 25 DD if you get 250 % profit per year. If you want to have 2.5 DD just divide your lot size by 10 and here are your 25% of sure secure profit. It is like a sportive car, you can drive on high or low speed, all depends on investor wishes.
Member Since Mar 02, 2014   20 posts
Jun 29, 2015 at 09:58
DFFXFUND posted:
Im an investor. How to find a consistent traders?

i am here last year and add to watch 37 account that i think the best account here. but no one survive till now. almost all account die with -99.99% return.
Member Since Mar 02, 2014   20 posts
Jun 29, 2015 at 10:00
Look009 posted:
Hmm. You are right in general. It depends how you present your system : in high risk mode or in low risk one.
All depends on the lot sizes you trade. Nothing is wrong to have 25 DD if you get 250 % profit per year. If you want to have 2.5 DD just divide your lot size by 10 and here are your 25% of sure secure profit. It is like a sportive car, you can drive on high or low speed, all depends on investor wishes.

hi alex,i remember you. i also added your account to watch last year but after 2 month why your system not visible? are you delete it..? why you delete your system? you blown your account?
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jun 29, 2015 at 13:41
Hi Billy, I deleted some demo systems that is true, no point here ! The DD had to be important (but no Margin Call or blown up) so I had to change algorithm and made some new adjustments, that changes completely the system which is not the same anymore. I hope I answered your question, wish you a happy trading !
Member Since Nov 13, 2012   102 posts
Jun 29, 2015 at 13:47
https://www.myfxbook.com/members/waarlog/harvester/1288473
Hi. Stable and working system.

60% of the profit for the investor.
Member Since Jun 18, 2014   63 posts
Jun 29, 2015 at 13:47
you can get %100 profit in 2 years timeframe by investing in stocks and forex market with Fxstay broker
miomax
forex_trader_229154
Member Since Jan 29, 2015   87 posts
Jun 30, 2015 at 19:59
If 30% per month is enough for you, welcome to my pamm. Or we can discuss individual work terms with your trade account. Just contact with me.
Member Since Sep 30, 2014   3 posts
Jul 02, 2015 at 06:38
hi chek my robots reports
mdjindian@
Member Since May 20, 2011   724 posts
Jul 03, 2015 at 14:57 (edited Jul 03, 2015 at 14:58)
I can show you what doesn't work ! I wont trade for anyone though. Even if Goldman offered me a job, I'd say no
Member Since May 04, 2012   1608 posts
Jul 04, 2015 at 01:23
mdjvlr posted:
hi chek my robots reports

@mdjvlr

I checked your robots' reports... This one is really 'impressive': https://www.myfxbook.com/members/mdjvlr/robot3/1273391
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since May 04, 2012   1608 posts
Jul 04, 2015 at 01:33
waarlog posted:
https://www.myfxbook.com/members/waarlog/harvester/1288473
Hi. Stable and working system.


@waarlog

Other than being a GRID strategy, it looks good (until it does not look good).

I am very skeptical about GRID strategies. Why...? Because sooner or later they all face major drawdowns. The question is not IF, but WHEN...

For example: Here is the famous Caesar400% GRID strategy: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462

- Although the curve looks good, it has not made a single penny profit since January of 2015 (i.e. for the past 6 months).
- Max. DD: -51%.

Would you bet the house on a grid strategy...?

And Caesar400 is still one of the best of the 'gridders'.


Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Mar 09, 2015   2 posts
Jul 06, 2015 at 06:44
I am searching for a consistency trader / fund manager...
I loose a lot of money in Forex Envy pamm (solaris) cause i was a really newbie, without understanding how grid and martingale strategies were so dangerous...
I have lost my faith, to find out a good fund manager. I do not want to have HUGE DD, but i wish i could have consistency.
I have 10k to fund, but before to put all my money in one account i wanna split to see the performances... so 1k here 1k there....
Right now, i am using 1k only to Wise Invest Mam Low Risk. Till now, so far so good, they are working very well.
But is too early to judge. So I will keep you posted. By the way stay away from grid stategies...
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