How many have got investors by using this site?

Aug 06, 2010 at 17:05
3,867 Views
45 Replies
HDKR
forex_trader_16325
Member Since Aug 05, 2010   12 posts
Aug 06, 2010 at 17:05
How many of you have made money by either selling a system, or getting investors, by making your performance public on this site?
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 06, 2010 at 17:43
How many has published a working system?

I think the ratio is 0:0.

Almost no one performed and a few guys got taken.
HDKR
forex_trader_16325
Member Since Aug 05, 2010   12 posts
Aug 06, 2010 at 17:45

Elkart posted:
    How many has published a working system?

I think the ratio is 0:0.

Almost no one performed and a few guys got taken.

A bit confused. A lot of the systems published here are profitable.

Who got taken? You mean ripped off?
DarkProdigy
forex_trader_11878
Member Since May 18, 2010   45 posts
Aug 08, 2010 at 21:14

HDKR posted:
A bit confused. A lot of the systems published here are profitable.

Who got taken? You mean ripped off?

A lot of systems here are 'Demo' profitable. Demo profit does not pay the bills.

I've never personally did any transactions mainly because I use this site as a more graphical analysis tool and to check out other members ideas...but I have gotten requests via. PM to which I always decline anyways.

...but I've read through quite a few people's systems and there were some sales taking place...and the only reason I know that is because the buyer usually come back to the same system to say 'Hey, your EA is BS and I've lost money!'.
HDKR
forex_trader_16325
Member Since Aug 05, 2010   12 posts
Aug 09, 2010 at 18:49
HA! Yes, there are many scammers in this market, unfortuantly. Does anybody try to sell signals? Through Tradency, etc...? Just wondering what kind of income can be generated by this?
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 09, 2010 at 19:29 (edited Aug 09, 2010 at 19:56)
The systems here look profitable. I doubt the majority are. I think very few are really profitable long term.
Member Since Aug 02, 2010   6 posts
Aug 09, 2010 at 19:35
there are some great blogs and traders websites that do good intraday. I post profitable trades on my blog and on youtube. Anybody with a real profitable system will NOT sell the golden goose. However they will freely give you some golden eggs. I don't sell anything and I'm NEVER going to give away my secrets that has taken me 16+ years to develop. Since I trade for a living posting profitable trades is how I eat. I manage money for private investors so posting trades is how I raise accounts. However I just found out about this site so I may or may not use it for that purpose.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 09, 2010 at 20:42
All I know is this site has awesome stats!!

*standing with lighter in air*

You rock fxbook!!
Member Since Sep 04, 2009   879 posts
Aug 09, 2010 at 20:59

pulsescan72 posted:
    there are some great blogs and traders websites that do good intraday. I post profitable trades on my blog and on youtube. Anybody with a real profitable system will NOT sell the golden goose. However they will freely give you some golden eggs. I don't sell anything and I'm NEVER going to give away my secrets that has taken me 16+ years to develop. Since I trade for a living posting profitable trades is how I eat. I manage money for private investors so posting trades is how I raise accounts. However I just found out about this site so I may or may not use it for that purpose.

You will soon notice myfxbook is mainly used by traders, less by serious investors...
Member Since Nov 02, 2010   3 posts
Nov 04, 2010 at 02:54
Hey guys...I'm new here but love the idea of this site...I'm starting with a demo account for a couple of months...then go live...I want to get the feel for how managed accounts work logistically...if anyone has some comments as to the slippage etc... would love to hear your feedback.
@ pulsecan72...spot on...no one gets the golden goose...if it's on clickbank etc...it's there for a reason 😉
Risk management and consistency
Member Since Nov 09, 2010   54 posts
Nov 13, 2010 at 09:25
Who the hell wil ever sell his working systems , i bet not a good trader will do that
Slow But Steady
Member Since Feb 06, 2013   10 posts
Mar 29, 2013 at 09:30
hi,can you tell me what is the url for your blog?
thanks
pulsescan72 posted:
there are some great blogs and traders websites that do good intraday. I post profitable trades on my blog and on youtube. Anybody with a real profitable system will NOT sell the golden goose. However they will freely give you some golden eggs. I don't sell anything and I'm NEVER going to give away my secrets that has taken me 16+ years to develop. Since I trade for a living posting profitable trades is how I eat. I manage money for private investors so posting trades is how I raise accounts. However I just found out about this site so I may or may not use it for that purpose.
Member Since Feb 13, 2012   5 posts
Apr 04, 2013 at 07:50
it amazes me when people talk about others bn scammer and now i can read about someone trading for the past 16yrs my first question is when was forex market deregulated for small investors like us? and with 16rs behind i dont expect you on a site like this
Member Since Feb 17, 2011   3 posts
Apr 04, 2013 at 14:58
He confuses me too
Member Since Mar 30, 2013   18 posts
Apr 04, 2013 at 15:02
lurdmanny posted:
it amazes me when people talk about others bn scammer and now i can read about someone trading for the past 16yrs my first question is when was forex market deregulated for small investors like us? and with 16rs behind i dont expect you on a site like this

I have been trading commodity futures since 1989, as such i have been trading 24 years, but i am quit new to forex, only a few years.

What i like about these sites is, that i can get some new input, and find out what is moving around.

By the way, i would never ever buy a system/EA from any other person, why would i? Trading is not about EA's, but about market knowledge, which is the only thing you can not have from automated trading.
Keep it simple!
Member Since Nov 09, 2012   76 posts
Apr 10, 2013 at 12:39
pulsescan72 posted:
there are some great blogs and traders websites that do good intraday. I post profitable trades on my blog and on youtube. Anybody with a real profitable system will NOT sell the golden goose. However they will freely give you some golden eggs.

That's interesting. I hope to know more.
I don't actually have any idea can you get here your investors or not, but I think for developing your skills it's a good thing, that others trader can monitor you. And you can may be learn something from others mistakes.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Apr 04, 2013   90 posts
Apr 10, 2013 at 15:09
HDKR posted:
How many of you have made money by either selling a system, or getting investors, by making your performance public on this site?


I did!
i3ik


https://www.myfxbook.com/members/it7oto/hedged-carry-trade/531671
Reality is Created by Fiction!
Member Since Feb 19, 2011   61 posts
Apr 18, 2013 at 05:25
I use myfxbook to analyze my accounts. I discuss trading strategies with fellow traders and yes, I do attract investors by showcasing my systems to them from this platform.

I do have few small clients from this website as well. However, larger clients come from personal communication with clients through one-on-one meet or phone/email conversation (I use myfxbook link for trade showcase on website and emails.)

For me it has been fruitful.
Be among the very successful Forex Account Managers.
Member Since Apr 18, 2011   45 posts
Apr 22, 2013 at 12:45
I use myfxbook to monitor my managed account performance, also to to provide reports to my managed account clients, and at the same time to verify my results so no one can claim that my results are fake.
Member Since Feb 19, 2011   61 posts
Jun 17, 2013 at 03:08
Just received 3 more clients through myfxbook

Slowly but steadily, making my way to my goals.

Wishing good luck to everyone over here.
Be among the very successful Forex Account Managers.
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