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Im an investor. How to find a consistent traders?

Võ Thiên Phú
phoenixfxmanager
Mar 07 2015 at 01:56
14 zpráv(a,y)
comeinvest posted:
phoenixfxmanager posted:
DFFXFUND posted:
Im an investor. How to find a consistent traders?


I'm an institutional trader, so I know how the banks recruit good traders. Here are the criteria they have to fulfill:

- 5 years of experience.
- Manage an individual account with more than 50k USD.
- Profit factor > 1
- Maximum drawdown = 10% (The bank has a risk management system to ensure the maximum drawdown criteria is obeyed, they will cancel all the positions when the drawdown reaches 10% level.)
- Minimum profit rate = lending interest rate this year.
- Have full details about their trading strategy.
- CFA level 3.



i do understand the rest of the criteria but how does a CFA level 3 help on trading forex? Do you mind to enlighten me. Thanks in advance


Hi, be an institutional trader, you need to have a wide and deep knowledge about financial market. I trade not only FX but also stocks, indices, ETFs, bonds, commodities, real estate and some derivaties like futures, options, swaps... I sometimes use binary option to hedge my position as well. One more condition, every institutional trader uses someone else money to trade so they must obey the code of conduct. That's why CFA level 3 or equivalent are highly appreciated, not required.

Alfred (comeinvest)
Mar 07 2015 at 05:06
17 zpráv(a,y)

Hi, be an institutional trader, you need to have a wide and deep knowledge about financial market. I trade not only FX but also stocks, indices, ETFs, bonds, commodities, real estate and some derivaties like futures, options, swaps... I sometimes use binary option to hedge my position as well. One more condition, every institutional trader uses someone else money to trade so they must obey the code of conduct. That's why CFA level 3 or equivalent are highly appreciated, not required.

Thanks for the advice, it's really informative.

USDCAD
Mar 10 2015 at 07:37
7 zpráv(a,y)
DFFXFUND posted:
Im an investor. How to find a consistent traders?


I am currently working on a track record of my own, and am interested in managing money.

Previously, I have won a myfxbook trading contest and received a $500 prize, with over a 750% return. Currently, I have funded an account February 14th, and am already up 60% already, ahead of my tagert of 10% returns weekly returns, looking to compound my current account into something very significant. This is done by extensive research with respect to fundamentals and key economic events, with technical signals for entry.. purely discretionary trading. Leverage never exceeds more then 10 times the amount, entries are timed efficiently.


Cheers


Let the market come to you...
Владимир
Golden_Midas
Mar 10 2015 at 20:12
61 zpráv(a,y)
rozay posted:
drefhill posted:
can't see your statement it doesn't work, but anyway statements can be manipulated so it's worth nothing really, at least get your account connected to you mybook account and certified/verified, i can't see anything in your myfxbook account.


ok i have updated it


Do you think that these results are impressive for someone?

Vlad (Mars30)
Mar 21 2015 at 23:36
155 zpráv(a,y)
DFFXFUND posted:
Im an investor. How to find a consistent traders?


https://www.myfxbook.com/members/Mars30/mars303/1171021 😎

Alexey (VlasovTrend)
Apr 08 2015 at 09:48
107 zpráv(a,y)
Mars30 posted:
DFFXFUND posted:
Im an investor. How to find a consistent traders?


https://www.myfxbook.com/members/Mars30/mars303/1171021 😎


Interesting, Mars, but your account is private, so noone can see it.

I offer to look to my PAMM account.

Let's make a profit)))
Andrey Mikhaylovskiy (MTexpert)
Apr 08 2015 at 10:35
90 zpráv(a,y)
You are all incredibly steep peppers, but look at me, and I also try to😄.

The strategy gives a 15% profit per month.
TradeWizard (AnalyzedIncome)
Apr 08 2015 at 14:54
206 zpráv(a,y)
if u wanna find good traders go to mql community u will find good traders with lots of track record u can filter them out according to ur requirements two things shld be taken in consideration drawdown and equity growth dnt look for ppl with 70% drawdon and 100% monthly growth coz one bad month will blow you look for consistent traders who r trading there for more than a year and has good returns with low drawdown it will be difficult to find a person with 10 % drawdown unless they target low profit best part about mql community is u jst have to pay monthly fees to follow the trader no profit sharing and all rest u can do settings in mt4 for how much loss u can take from him etc etc etc

Greed and Non acceptance are the biggest enemies
Andrey Mikhaylovskiy (MTexpert)
Apr 09 2015 at 09:22
90 zpráv(a,y)
Ready to work on your account.

The strategy gives a 15% profit per month.
FxMasterGuru (FxMasterGuru)
Apr 10 2015 at 08:20
1607 zpráv(a,y)
MTexpert posted:
Ready to work on your account.


With a nice Martingale... +18.8% profit this year by losing -3781.00 pips

You collect performance fees until it works, and when it crashes, a simple "Sorry, Man" will conclude the deal.

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
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