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Managed Account 1 (By Orientalgeneral)

Gain : +1276.38%
Drawdown 98.96%
Pips: 8497.5
Trades 621
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Manual

Managed Account 1 Discussion

Dec 23, 2011 at 20:30
2,256 Views
26 Replies
Member Since Dec 23, 2011   34 posts
Dec 24, 2011 at 09:58
A that makes money, it is all about risk management
Manage Your Risk
Member Since Dec 23, 2011   34 posts
Dec 24, 2011 at 11:22
Sorry about the typos, i mean A stractegy that makes money is all about risk managment
Manage Your Risk
Member Since Aug 22, 2009   390 posts
Dec 25, 2011 at 00:13 (edited Dec 25, 2011 at 00:15)
Hi Affi2,

Do you sell the system or manage my account?
I have an account in Hotforex and an account in finfx
Thanks. Young
youngchang@
Member Since Dec 23, 2011   34 posts
Dec 25, 2011 at 07:01
System not for selll, managed account only, u can contact me on mail at:

 [email protected] or

Skype: Affi2
Manage Your Risk
Member Since Dec 23, 2011   34 posts
Dec 29, 2011 at 11:56
Target of the account is $1000 daily, but i dont force my self if i dont meet daily target on a day, next day i may achieve more than daily targets
Manage Your Risk
Member Since Aug 22, 2009   390 posts
Dec 30, 2011 at 01:28
Please read my mail in your PM
youngchang@
Member Since Dec 23, 2011   34 posts
Dec 30, 2011 at 05:49

   youngchang posted:
   Please read my mail in your PM

I sent u a mail
Manage Your Risk
Member Since Sep 12, 2009   313 posts
Dec 30, 2011 at 11:25
could you describe
your stop loss and strtegy briefly
 do you use stop loss #
how do you trade your current clients accounts through your computer or VPS #
how does your manual sytem generate trades on your clients account
I have see manaul trader negleting small account and blowing account
if you want to say in this bussiness you have to be fair
other wise you wont last longe
Member Since Nov 15, 2010   183 posts
Dec 30, 2011 at 14:16
All of your numbers are pretty good, except for the Draw Down of 37%, and a Open trade DD of almost 50%. And you talk about risk management, having anywhere from 9-12 open trades with 6-9 full $100k lots with an account balance of $18-20k??

You may talk about risk management but you certainly don't know the first thing about risk. Your numbers are not realistic for any managed account, and any trader who manages investors money will never trade with such high risks. If you went to any interested investor with claims of +15% ROI per trading day, they would most certainly laugh at you.

 You seem to know how to trade so why don't you lower your risk by at least 2/3 thirds, and you will get some serious investors attention. The other thing that always amazes me is that traders like yourself come in here to MyFx Book and start posting there results, and they could have some pretty good numbers to say the least. But the reality is that if you could trade with these kind of returns on a consistent basis, you would be so rich that you would make even Bill Gates look like a poor boy, lol.

 So why are you here stirring the pot, because you most certainly don't need to manage anyone's money for all of the hassles it will bring.
Member Since Sep 12, 2009   313 posts
Dec 30, 2011 at 14:48

   pipsquick1957 posted:
   All of your numbers are pretty good, except for the Draw Down of 37%, and a Open trade DD of almost 50%. And you talk about risk management, having anywhere from 9-12 open trades with 6-9 full $100k lots with an account balance of $18-20k??

You may talk about risk management but you certainly don't know the first thing about risk. Your numbers are not realistic for any managed account, and any trader who manages investors money will never trade with such high risks. If you went to any interested investor with claims of +15% ROI per trading day, they would most certainly laugh at you.

 You seem to know how to trade so why don't you lower your risk by at least 2/3 thirds, and you will get some serious investors attention. The other thing that always amazes me is that traders like yourself come in here to MyFx Book and start posting there results, and they could have some pretty good numbers to say the least. But the reality is that if you could trade with these kind of returns on a consistent basis, you would be so rich that you would make even Bill Gates look like a poor boy, lol.

 So why are you here stirring the pot, because you most certainly don't need to manage anyone's money for all of the hassles it will bring.

thats true , if he doesnt change his risk , he doesnt exist almost in forex world
Member Since Aug 22, 2009   390 posts
Dec 30, 2011 at 15:00 (edited Dec 30, 2011 at 15:05)
I think that he did withdraw $4,000.00 from this account. so even this account become a flat he gain $635.00

I think around $3700.00 draw down now. Let's see how it's end up.
youngchang@
Member Since Dec 23, 2011   34 posts
Dec 30, 2011 at 18:32
What should i do for my track records to be back? it was varified but after i shut down for two hours, and get back, it says not verified, it is very annoying to me
Manage Your Risk
Member Since Aug 22, 2009   390 posts
Dec 31, 2011 at 06:07
Good Job and excellent
youngchang@
Member Since Dec 23, 2011   34 posts
Dec 31, 2011 at 06:22 (edited Dec 31, 2011 at 06:22)
Thank you
Manage Your Risk
Member Since Dec 23, 2011   4 posts
Jan 01, 2012 at 10:59
Nice results. Good that you trading gold and eur/usd. Stick to it. Try to see whether you can do it with low leverage like 1:50.


Member Since Dec 23, 2011   34 posts
Jan 01, 2012 at 11:18 (edited Jan 01, 2012 at 11:24)

   indusall posted:
   Nice results. Good that you trading gold and eur/usd. Stick to it. Try to see whether you can do it with low leverage like 1:50.




Thanks for ur comments
Manage Your Risk
Member Since Feb 16, 2010   1332 posts
Jan 01, 2012 at 19:21
Quite risky but obviously very profitable, keep it that way.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Dec 23, 2011   34 posts
Jan 01, 2012 at 22:29

   forexma posted:
   Quite risky but obviously very profitable, keep it that way.

Thank you
Manage Your Risk
Member Since Dec 23, 2011   34 posts
Jan 03, 2012 at 12:47
We be moving this afund to my new pamm account that is ready https://pamm.hotforex.com/managerdetails/?l=58974123512456235448279&usermode=0 for clients, so will shout down this account today and upload the pamm account which will replace it
Manage Your Risk
Member Since Sep 12, 2009   313 posts
Jan 06, 2012 at 23:24
his luck lost in 20 days he lost 90 percent of deposit
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