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Im an investor. How to find a consistent traders?

NikTrading
Jul 25 2015 at 08:35
5 posts
According to me it is not a matter of performance in a book or whatever. As alexforex007 said, and as you know, all in trading and Investment is a risk/performance ratio. The important part here (when you trust somebody or a company to manage your account) is for sure the risk.

Most of the client I had where looking for performance YES, but most of all for risk management. They would rather prefer an investment with a maximum loss of 5% of the capital with lower potentiel performance than extreme performance with high level of risk.

My advice: Do not trust any book, anybody who isn't FCA regulated (or another well reputed regulator). Not because the regulation teach you how to trade (it is wrong) but mostly because the regulation set up the transparency and obligations the Trader will have to complete to make business with you (Treat Customer Fairly, etc..). Of course not all the regulated Trader are fair, or even efficient but at least you have a regulator you can contact in case of misbehave and I do not know many traders willing to lose their authorisation for 1 customer !

Alex
Look009
Jul 25 2015 at 10:41
224 posts
alexforex007 posted:
There seems to be some very legit account managers over here, but there is also some type or risk involved when trying to find someone who is really honest.


I agree

Alex
Look009
Jul 25 2015 at 10:47
224 posts
NikTrading posted:
According to me it is not a matter of performance in a book or whatever. As alexforex007 said, and as you know, all in trading and Investment is a risk/performance ratio. The important part here (when you trust somebody or a company to manage your account) is for sure the risk.

Most of the client I had where looking for performance YES, but most of all for risk management. They would rather prefer an investment with a maximum loss of 5% of the capital with lower potentiel performance than extreme performance with high level of risk.

My advice: Do not trust any book, anybody who isn't FCA regulated (or another well reputed regulator). Not because the regulation teach you how to trade (it is wrong) but mostly because the regulation set up the transparency and obligations the Trader will have to complete to make business with you (Treat Customer Fairly, etc..). Of course not all the regulated Trader are fair, or even efficient but at least you have a regulator you can contact in case of misbehave and I do not know many traders willing to lose their authorisation for 1 customer !


Very good post !

arigoldman (arigoldman)
Jul 26 2015 at 21:41
907 posts
NikTrading posted:
According to me it is not a matter of performance in a book or whatever. As alexforex007 said, and as you know, all in trading and Investment is a risk/performance ratio. The important part here (when you trust somebody or a company to manage your account) is for sure the risk.

Most of the client I had where looking for performance YES, but most of all for risk management. They would rather prefer an investment with a maximum loss of 5% of the capital with lower potentiel performance than extreme performance with high level of risk.

My advice: Do not trust any book, anybody who isn't FCA regulated (or another well reputed regulator). Not because the regulation teach you how to trade (it is wrong) but mostly because the regulation set up the transparency and obligations the Trader will have to complete to make business with you (Treat Customer Fairly, etc..). Of course not all the regulated Trader are fair, or even efficient but at least you have a regulator you can contact in case of misbehave and I do not know many traders willing to lose their authorisation for 1 customer !


I would say definitely trust some books, if you have to not trust something, don't trust news.

togr (togr)
Jul 26 2015 at 21:43
4862 posts
DFFXFUND posted:
Im an investor. How to find a consistent traders?


Scroll down the page,
click Systems,
filter the ones corresponding to your criteria.
Contact the owner:)

sizhouren
Jul 27 2015 at 06:45
59 posts
do system with negative risk reward ratio ever make money in the long term guys?

kaptaan
Jul 27 2015 at 08:54
17 posts
very difficult to make need accuracy level high...

NikTrading
Jul 27 2015 at 09:14
5 posts
I can't understand how an advised Investor would Invest money in a system he do not even control or understand. Trading systems can be very profitable YES, but can also create a Hole in an investor account. I am not telling you not to invest with a system, but to be very carefull on the system and the person running it (I come back to my previous post, FCA Regulated / risk limit etc) ! The system can creates profit from 1% to 1 000 000 000% it doesn't matter, it is the Investor who take the full risk.

First advice If you want to know how a system is working: Select a system that work since more than 10 years (which means it faced at least a crack/crisis with a down trend market) cause it is not in a clear weather that you will see if a boat and its captain are doing well, but during a storm ! I advice to use the same method to chose a fund, these arn't the most profitable ones but at least the risk is 'controlled' and reduced...

According to me, If someone have a very good trading system, with low risk and huge profits (running since enough time to prove its efficiency in term of risk/reward ratio), he wouldn't be posting here but mostly living in a penthouse in the Caribean sea enjoying its Pina colada ;)

Papano
agustrader01
Jul 27 2015 at 14:32
112 posts
All trading system must be transparent, it's not about how big your profit at the month but consistenly profit is the most importiant even if you made average 5% or 10% per month. I try to make it happen.

Visit this link for check our system and please make a review https://www.myfxbook.com/members/agustrader01/cts-pound/1254301

Alex
Look009
Jul 28 2015 at 06:53
224 posts
agustrader01 posted:
All trading system must be transparent, it's not about how big your profit at the month but consistenly profit is the most importiant even if you made average 5% or 10% per month. I try to make it happen.

Visit this link for check our system and please make a review https://www.myfxbook.com/members/agustrader01/cts-pound/1254301


I would say that capability to keep constantly, during months and see years is important. But, the problem is that it does not give 100 % guaranty to investor that trader will keep the same performance in the future. But, if the trading system in question is 'stable' that can be more positive thing about it. Stability means recovery from a DD, realised or floating, during a decent period of time. If a system could recover from a DD many times in the past i.e on a regular way you can call it stable.

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