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Is there anything wrong in doing yearly withdrawal in my clients accounts?

SIM
pip2cash
Aug 19 2010 at 19:02
423 posts
Are you the manager or investor? You should be the manager.

Pipsology (Pipsology)
Aug 19 2010 at 19:07
11 posts
am the manager

Patience Is The Best Stractegy In Forex
SIM
pip2cash
Aug 19 2010 at 19:11
423 posts
So from your own point of view,
What is the disadvantage of 1 year money management contract?

Since you said profit sharing 60/40, so from the profit you take 60% your client take 40%.
What about losses?

Regards,
SIM

Pipsology (Pipsology)
Aug 19 2010 at 19:19
11 posts
i hv a hv a good morney managment, i caculate my profits weekly, meaning some times i win 5 in a 5 trading days, or i win 4trading days outta 5, so what am asking is is the contract ok to withdrawal yearly?

Patience Is The Best Stractegy In Forex
Elkart
Elkart
Aug 19 2010 at 20:06
941 posts
Elkart
Elkart
Aug 19 2010 at 21:06
941 posts
Traders are like fighter pilots or divers. You're only as good as your last landing, your last dive or your last trade.

That contract is not worth the paper it's written on.

I seen guys earn millions for companies and get fired at the first mistake. Not only are you losing out on sharing your compound growth with the client (which is something you haven't bothered to work out), you run a really good risk on getting shafted first morning he misses his coffee...

This is not new territory, I think the guidelines are well established in industry?

Pipsology (Pipsology)
Aug 19 2010 at 21:10
11 posts
thank you very much, i get it now

Patience Is The Best Stractegy In Forex
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