Im an investor. How to find a consistent traders?

Feb 07, 2015 at 10:28
Vues 10,935
267 Replies
Membre depuis Mar 08, 2011   posts 90
Apr 10, 2015 at 08:29
FxMasterGuru posted:
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.
In my trading, I use the dispersal risks. Trading is carried out on 8 currency pairs. In these 8 pairs trade lead 24 trading robot. In each trading robot there are serious differences, which aim to prevent simultaneous drawdown.

The strategy gives a 15% profit per month.
Membre depuis Nov 12, 2012   posts 7
Apr 10, 2015 at 17:12
https://www.myfxbook.com/members/Rags2Riches/positive-expectancy/1163112
Our objective in the market is not to be just right but to make a killing when we are right.
Membre depuis Apr 10, 2015   posts 17
Apr 10, 2015 at 20:54
we work with the past on managing several account with $4000 - $12000 investment with the NFA/non NFA broker.
please see email we sent message with the details.



Membre depuis Feb 09, 2015   posts 1
Apr 11, 2015 at 13:11
Membre depuis Jun 25, 2014   posts 28
Apr 17, 2015 at 06:41
Membre depuis Feb 18, 2014   posts 86
Apr 17, 2015 at 06:57
All these posted accounts are created in February of this year. I am assuming real investors would look for a longer track record. Would be good to see some accounts with over 6 months of real data.
Membre depuis Nov 12, 2014   posts 9
Apr 17, 2015 at 19:00
https://www.myfxbook.com/members/Nik88nk/nik/1074103
The worst draw down is yet to come
Membre depuis Mar 08, 2011   posts 90
Apr 18, 2015 at 00:41
15-20% profit per month with a 10% drawdown.
In my trading, I use the dispersal risks. Trading is carried out on 8 currency pairs. In these 8 pairs trade lead 24 trading robot. In each trading robot there are serious differences, which aim to prevent simultaneous drawdown.
The system trades with the trend and therefore it is protected from subsidence due to sudden, unexpected trend movements.
There is adjustment to the size of the trend.
There is a protection to the flat trading.
EA integrated into the overall system so that limit the number of lots.
The strategy gives a 15% profit per month.
Membre depuis May 04, 2012   posts 1608
Apr 18, 2015 at 15:44
MTexpert posted:
15-20% profit per month with a 10% drawdown.
In my trading, I use the dispersal risks. Trading is carried out on 8 currency pairs. In these 8 pairs trade lead 24 trading robot. In each trading robot there are serious differences, which aim to prevent simultaneous drawdown.
The system trades with the trend and therefore it is protected from subsidence due to sudden, unexpected trend movements.
There is adjustment to the size of the trend.
There is a protection to the flat trading.
EA integrated into the overall system so that limit the number of lots.

Still a MARTINGALE...
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Membre depuis Mar 08, 2011   posts 90
Apr 19, 2015 at 09:01


Still a MARTINGALE...

Martingale is available, but with two-limiting systems. Martingale is not infinite to complete draining of the deposit in this strategy. This strategy works without martingale too, but a little bit worse.
The strategy gives a 15% profit per month.
Membre depuis May 04, 2012   posts 1608
Apr 19, 2015 at 10:54
MTexpert posted:


Still a MARTINGALE...

Martingale is available, but with two-limiting systems. Martingale is not infinite to complete draining of the deposit in this strategy. This strategy works without martingale too, but a little bit worse.

A typical grid strategy with fixed stop loss: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462

As it can be seen a loss has not wiped out the account (as the strategy has a fix SL and currently it is hedging its equity DD), but one 'bad basket' has wiped out all the profts collected since August 01, 2014.

And that is what to expect with any strategy utilizing grids, especially on volatile pairs.
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Membre depuis Mar 08, 2011   posts 90
Apr 19, 2015 at 11:30
FxMasterGuru posted:
MTexpert posted:


Still a MARTINGALE...

Martingale is available, but with two-limiting systems. Martingale is not infinite to complete draining of the deposit in this strategy. This strategy works without martingale too, but a little bit worse.

A typical grid strategy with fixed stop loss: https://www.myfxbook.com/members/togr/caesar-400-eurusd/662462

As it can be seen a loss has not wiped out the account (as the strategy has a fix SL and currently it is hedging its equity DD), but one 'bad basket' has wiped out all the profts collected since August 01, 2014.

And that is what to expect with any strategy utilizing grids, especially on volatile pairs.
My strategy is, stop loss, but it is invisible. I Accepted drawdown.
I do not use the net and do not accumulate a position to return the money. I do not think that this strategy is similar to mine.
The strategy gives a 15% profit per month.
Membre depuis Oct 11, 2013   posts 775
Apr 20, 2015 at 01:57
Grid strategies are really risky, but they could work for some traders, especially if they have a stop loss limitation.
Membre depuis May 04, 2012   posts 1608
Apr 20, 2015 at 15:10
alexforex007 posted:
Grid strategies are really risky, but they could work for some traders, especially if they have a stop loss limitation.

The key question: How many months' profit is sacrificed by one stop loss...?

As the above example shows 'Caesar400' has sacrificed 9 months of profit by a single 'bad basket'. (Instead of taking the SL Tomas decided to hedge the loss, the only effect of which was just stopping the further equity drop. He requested that his followers wished him 'LUCK' to come out of it... Well, 'LUCK' might be an interesting exit strategy. I might just build an EA around it...)
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Membre depuis Oct 28, 2012   posts 20
Apr 21, 2015 at 06:53
i agree with all FxMasterGuru messages, grid and martingale are really risky but can provide consistent gains on some pairs and markets conditions, but you have to accept loss to avoid killing account
i have tried all the Eas possible, i have writen all the strategy too, the only one than i believe in is some averaging technics, on majors signals (H1, H4, D1), with a limit on averaging to accept some losses, and not losses that kills 9 month of gain, but little loss that 'kill' only one day

Membre depuis Nov 13, 2009   posts 5
Apr 21, 2015 at 09:53
martingales.....huhuhhuh
no way
to risky
only a good money management😁
Membre depuis Nov 13, 2009   posts 5
Apr 21, 2015 at 10:03
small loss
small win
sometimes big win
but ....never big loss....
it s the only way😎
agustrader01
forex_trader_199815
Membre depuis Jul 17, 2014   posts 112
Apr 26, 2015 at 07:38
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.


Hi there
Can you explain to me about CFA?
Thankyou
Membre depuis May 04, 2012   posts 1608
Apr 26, 2015 at 13:14
@agustrader01

Just simply 'Google' it... If your were too busy to do that, here it is:

https://www.cfainstitute.org/programs/cfaprogram/Pages/index.aspx
https://www.cfainstitute.org/programs/cfaprogram/exams/Pages/level_III_exam_prep.aspx
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
agustrader01
forex_trader_199815
Membre depuis Jul 17, 2014   posts 112
Apr 27, 2015 at 06:43
FxMasterGuru posted:
@agustrader01

Just simply 'Google' it... If your were too busy to do that, here it is:

https://www.cfainstitute.org/programs/cfaprogram/Pages/index.aspx
https://www.cfainstitute.org/programs/cfaprogram/exams/Pages/level_III_exam_prep.aspx

I will check that links soon, thank you
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