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Managed Accounts

fxstaymanaged (fxstaymanaged)
Nov 12 2014 at 10:08
63 posts
managed forex accounts is a must that every trader should do it but me and my team do it professionally

Adamsukfx
Nov 12 2014 at 11:07
3 posts
In my experience and I am still looking for profitable traders. It is crucial to see that the accounts are not demo account but rather that they are actually live accounts also. 1years performance at least and draw down to profit ratio is at least 1:2 better 1:3 and that such draw downs are not greater than 12%.


takechance posted:
vijayinvites posted:
takechance posted:
2802 pips in less than 4 months with only 2.9% max drawdown in equity.

Unrealized P/L always positive throughout the 4 months (which means no holding onto losing positions expecting for a turnaround, typically nature of novice amateurs).

No automation or blind dependence on Robot. All the trades discritionary and manually traded.

Check out here.

https://www.myfxbook.com/members/takechance/heiken-ashi/604998

Cheers and happy trading.




You talk about per month take away in piips but the DD you talk in % of the equity. It doesnt matter how many pips you make, how much you earn per month and how much risk you took are the only two things that matter to investors. Ofcourse the time the account has been trading.


you have no idea what you are talking about. :)

Adamsukfx
Nov 12 2014 at 11:07
3 posts
Hi. Your post was great in terms of questions. I know groups like tradegeniusgroup and others like darwinex can help introduce you to asset management/managers which uses FCA regulation. Check them out. As for the requirements. If your a EU client it is important to see the traders come via Asset management licenses and yes UK FCA Brokers or maybe Australian Brokers is ok also.

Make sure they have live accounts and are honest with you about risks and draw downs and good and bad months they have had. Splitting up into medium and low risk is a nice idea also and I would stay away from high risk. That is my advice. Also I do not think copy trader is a good idea these day as too many un reliable traders.

mikeb123 posted:
Hi - After a severe kicking on the market I've decided that trading directly is not for me and its better to find someone to do it on my behalf.

I have gone through this thread, 54 pages, and its depressing to see how many of the people putting themselves forward as money managers have over the year taken catastrophic losses or have simply disappeared off the radar. They seemed credible at the time and that makes me fearful about trusting my money to anyone else... But, I have to face as a trader I am a hit and miss amateur and my money needs a professional. I have a full time job and family so spending the time to actually learn and trade to a required level is not really a realistic option.

May I ask for some advice...

1. Managed accounts - I figure minimum of a year's trading history...broker FCA regulated....Anything else I should be looking at? To be honest id be perfectly happy with an 8% monthly return. I've seen performance rates as low as 20% and as high as 50%. What is reasonable?

Can anyone give a recommendation for a service that you are using?

2. If you had an investment pot of say £30k would you split it into different managed accounts to spread the risk?

3. I have largely discounted copying signals or using robots. Am at work so can't really monitor the trading. Am I wrong? Is this the way to go?

Your comments or advice would be much appreciated.




globexfx
Dec 03 2014 at 08:01
2 posts
12264 posted:
Good Afternoon All, (AU)

I've been looking into inventing my money into a PAMM account/Managed fund although I'm struggling to find
a reasonable rate of return (monthly) having figures of 30% plus which for me is just to to much risk and
 does not seem realistic in my opinion. If someone could point me in the right direction or even recommend a managed
 fund you use and what returns you are seeing.

Thankyou.
Geoffrey Reynolds.


Skype id : globexfx
talk to me for further discussion
also you can follow my trading at myfxbook for your satisfaction

Thanks

rixalud
Dec 06 2014 at 17:35
3 posts
hi globexfx,

i am happy with my fund manager. this is their myfxbook page:

https://www.myfxbook.com/members/ExentialGroup/exential/1023479


globexfx
Dec 08 2014 at 07:35
2 posts
Ok Good luck ... Happy Trading!!

bscalper (bscalper)
Dec 09 2014 at 11:19
6 posts
rixalud posted:
hi globexfx,

i am happy with my fund manager. this is their myfxbook page:

https://www.myfxbook.com/members/ExentialGroup/exential/1023479



Hi, you will start trading not should using big capital. using little capital to get big profit, you have low risk.
I'm using scalping with little SL and until now is working. using capital maximum $100, but I can start from $20 too.

Let us rich together, because life is not long.
wlk1
Dec 09 2014 at 11:31
69 posts
rixalud posted:
hi globexfx,

i am happy with my fund manager. this is their myfxbook page:

https://www.myfxbook.com/members/ExentialGroup/exential/1023479



Are you enjoying the 50% drawdown ?

The market will go up, failing which, it will go down.
bscalper (bscalper)
Dec 10 2014 at 07:25
6 posts
rixalud posted:
hi globexfx,

i am happy with my fund manager. this is their myfxbook page:

https://www.myfxbook.com/members/ExentialGroup/exential/1023479



I was horrified to see it. check it,
Balance: $40151.52
Equity:(48.54%) $19489.02

Floating loss more 50% ??

Let us rich together, because life is not long.
Nostradamus
mayaS
Dec 10 2014 at 13:33
12 posts
wlk1 posted:
rixalud posted:
hi globexfx,

i am happy with my fund manager. this is their myfxbook page:

https://www.myfxbook.com/members/ExentialGroup/exential/1023479



Are you enjoying the 50% drawdown ?


Something bad happened with manager... Maybe, scalper forgot to close an order? Most of profitable orders were closed less than in 4 minutes after opening. And there is most losing order with 15 days of duration...

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