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How To: Truth about Managed Account

ForexGT_org
Mar 19 2014 at 15:00
2 posts
Hi everybody,

There's so much hypes and lies on the forex market nobody knows what's true or false.

Thus the problem.

How can we [b]market [/b]a product that we believe in such as managed account that makes nice profits with good risk control?

togr (togr)
Mar 21 2014 at 19:32
4862 posts
ForexGT_org posted:
Hi everybody,

There's so much hypes and lies on the forex market nobody knows what's true or false.

Thus the problem.

How can we [b]market [/b]a product that we believe in such as managed account that makes nice profits with good risk control?


Create account here on myfxbook,
beat the competition,
keep system stable
be honest.
What else do you need?

B1FXprof
Mar 26 2014 at 15:51
73 posts
@vontogr@gmail.com
Agreed, completely. Showing a consistent track record on live accounts here is surely all that's required?
Moreover a lengthy track record with good DD too.


forexalertsystem (forexalertsystem)
Mar 28 2014 at 07:52
101 posts
Our Profile is loaded with 'LIVE' accounts all managed accounts of users on myfxbook, There are a lot of scams on the internet but our track record is solid. we have numerous accounts. most of the accounts are take overs., meaning they belong to people who have lost a lot of money in them. so they turn them over to us and we rebuild them with fresh profits and till they are back to there original balances.

https://www.myfxbook.com/members/forexalertsystem


P.M Us if you need help with getting your trading account balance built back up.... we have tools and systems and mathematics that are light years ahead most traders will never get a chance to see...

stevetrade (stevetrade)
Mar 28 2014 at 12:26
1408 posts
MyFxBook is filled with the carcasses of failed systems, failed traders and failed promotions of said systems.

Here is my recommendation, learn how to trade, learn how the markets work, learn how to carry out due diligence, learn how to develop a system. Only once you understand what you are looking at will you be able to spot the duds.

Turning up on MyFxBook and expecting to be able to spot the winning systems to invest in from day one is probably going to end in disappointment for you.
Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
forexalertsystem (forexalertsystem)
Mar 28 2014 at 20:45
101 posts
Well said "steveB", TOOOooo many newbies come to the forex market expecting a winning system to be handed over to them, it does not work that way.... people like us with a winning system would never in a million years sell a copy of the source code... any one who thinks some $97 click bank system. or some magic multi-thousand dollar black box with a pricey data feed will solve your worries. will not last long. but then again. the more of these newbies that come to the forex and lose! the more money we make being the opposite side of the trade. So thank goodness there are so many bogus and failed ideas and systems in circulation....

Cheers.....

FxProdz (FxProdz)
Mar 30 2014 at 15:01
42 posts
stevetrade posted:
MyFxBook is filled with the carcasses of failed systems, failed traders and failed promotions of said systems.

Here is my recommendation, learn how to trade, learn how the markets work, learn how to carry out due diligence, learn how to develop a system. Only once you understand what you are looking at will you be able to spot the duds.

Turning up on MyFxBook and expecting to be able to spot the winning systems to invest in from day one is probably going to end in disappointment for you.
Best regards Steve


Yes steve, you're very right! I think everyone should work hard to understand forex and the behavior of currencies. But if someone can't do it himself, I don't see any problem if he entrust his money to a trustworthy good trader!
forexalertsystem posted:
Well said "steveB", TOOOooo many newbies come to the forex market expecting a winning system to be handed over to them, it does not work that way.... people like us with a winning system would never in a million years sell a copy of the source code... any one who thinks some $97 click bank system. or some magic multi-thousand dollar black box with a pricey data feed will solve your worries. will not last long. but then again. the more of these newbies that come to the forex and lose! the more money we make being the opposite side of the trade. So thank goodness there are so many bogus and failed ideas and systems in circulation....

Cheers.....

Only Market makers make money when their clients lose, as a retail trader you won't get anything if other traders lose 😄
So, no need to pray that more losers join forex 😀 If you're really a winner you'll stay a winner! God luck 😉

Quand on veut on peut
stevetrade (stevetrade)
Mar 31 2014 at 12:13
1408 posts
I don't see anything wrong with using money managers, in fact I recommend it. Diversification is the key to survival in investment, even if it means diversifying away from your own trading!

The thing is, until you understand how to trade you have no way of knowing which money managers to trust your hard earned money with.

In an industry where it's estimated 95% of traders fail, you have better odds of actually picking a random direction on a random currency yourself than of picking a money manager who's strategy you don't understand.

I've seen so many 'money managers' come and go on this website over the years. Some of them actually appear to be pretty good for a while but they generally fall down eventually.

I can't stress it enough, learn to trade, learn the markets, only then will you be able to spot the best opportunities that come up and take advantage of them.

Best regards Steve

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Alicefx (Alicefx)
Mar 31 2014 at 14:16
32 posts
If you're a good trader then you're .. no matter what broker or which society you're in, you still good at it.
while
if you feel not good enough to become a good trader.. and you have the fund, there's still a way to made money with forex.
be a Smart Investor. a real one, one who can define a good and bad trader as is.
well, if you're not good enough on both, still there's a way.. you can count on your nature.. and become an Invisible Gambler. :D

good luck with the path you take.

cheerrsss

what can't be seen cannot be defeated.
FxProdz (FxProdz)
Mar 31 2014 at 19:51
42 posts
@ FXINDIKATOR
Only losers blame their brokers 😉
And yeah; One shouldn't be smart only in forex but also in choosing the best fund manager!

@ Steve
Well said man; But I think it's also possible to invest without having any idea about forex, if we have a real friend or someone very close from family.... someone that we can trust if we give him our money to manage it in forex, I think it's not a problem too!

Quand on veut on peut
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