Please excuse if I'm wrong but I think that not updating more frequently shuts the door for MFB and doesn't let it draw correctly the equity curves. What I mean is that if it happens that the system is in large floating loss which it finally manages to avoid and the system is not updated during that certain period the floating loss will not be displayed correctly(and will remain hidden for the public) in form of equity curve.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
I have had some money with fxpublisher and the results have been very good. On the Instaforex PAMM account I am getting very consistant returns. The customer service is also very good, with emails answered quickly. I just wanted to come here and post something positive because I am a very happy customer - Nearly 100% gain in 5 months, this is on the PAMM account :)
To trust a money manager both a real money account and good time of being profitable are very important. Also very important is that the account does not experience deep draw-downs - everyone is afraid of loosing all the deposit!!
gwilym posted: To trust a money manager both a real money account and good time of being profitable are very important. Also very important is that the account does not experience deep draw-downs - everyone is afraid of loosing all the deposit!!
May you tel us how long is the good time of being profitable?and what is the deep draw down for you?
-Safety of your fund is the most important thing in our trading
Hi - I think that in forex trading the you should be prepared for at least 20% draw-down. With regards to time being profitable, it depends on risk appetite, risk capital and personal preference. For me before I would put 10,000 with someone I would like to see a few years of profitability, for smaller amounts a few months of good trading would be enough.
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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