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Managed Account in Loss, Trading Done by "Movee" System

Jul 04 2011 at 07:59
5 messages
i see all the conversation. and i only want to say that i'm his client too and i very satisfied from his work.
my account are private, who want to see i will send him private link.

thanks, Roei

RobinHoodFund (RobinHoodFund)
Jul 04 2011 at 16:35
25 messages
When you a trying to catch so big ROI it is perfectly normal to have huge losses.
It is obvious that this system is traded with a big risk - it is not possible to get almost 100% per month without risking a lot.

In the explanations, the manager insist that this is a mistake - maybe it is .... when you trading several accounts it is quite possible to have different results, and sometimes you can just forget to put a SL on one of them. As you can see this could be fatal, and unfortunately no one will give your money back.

That's why the PAMM system is better - there is just one account for managing and the results are same for all investors and the manager!

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Jul 08 2011 at 22:05
71 messages
Hi everyone,

I am also client of this manager and I can confirm, that he is trading very good. My account is also private but I could say that from the 28.06 till now I have more than 40 % performance.


Jul 10 2011 at 11:01
51 messages
This is the 1st time i post here.

One of the reasons most forex traders fail is because of lack of enough capital to start with.
I can tell you from my own experience, and i take this advice very seriously. Enough capital is a must for every business and forex trading is no exception. Its a business and every beginner would benefit from taking this into high consideration.
Every business has its own risks and enough capital can somehow protect you from some risks, like being thrown out of business too early because you can't afford to handle special circumnstances that can come along withou warning.

Looking at the track record of this money manager it looks like he is performing rather well.
without trying to lift the blame off him it looks to me that $1000 is not enough capital.
Well you can come and say that its enough if you use proper money management and risk control. In a way you are right, but as i said above, special circumstances that are way beyond your control can come along without warning and trhow you out of business. You can even start with $100 and do well for several years, but for each one that does that, how many do fail?

Unfortunatley for the poster that started this thread it seems that an error made by his money manager turned out to be fatal for him. Its painfull i know but sometimes we may have to take some pain so we can learn....

Good luck and dont quit trying.

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