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Managed Accounts
May 30, 2013 at 07:15
Its all relative. If you lose 1 million and its only 1% of your account it should not have a great affect on you. By the time your account is at 100 million, 1 million is not that much money to you. Its all relative.
Simple Consistency
May 30, 2013 at 09:12
hundy1987 posted:
I don't want to offend anyone here, but it is no different. The risk reward IS what you make it. If you are risking 1% per trade that will not change. The money involved changes but the risk does not. If you like to reduce your risk as the balance grows, well this is up to you. It all depends on what amount of drawdown you are willing to have. If you lose 10 million it is the same percentage as losing $1000. 100% of your balance. The key to trading is to forget about the money involved and worry about the percentage loss/win. If you can do that, your results will stay similar. No matter what size your account is. Not many people can, this is why we see so many traders successful until their account grows to a nice level and then they start cutting trades short and not sticking to a proven method. All because they begin to look at how much a loss is costing them. Not the percentage loss. Keep the percentage loss/win the same all the way through and you will continue to grow your account.
Very true.
Like my trader makes around 60%-80% net average per year with max DD around 15%. He risks 2.5% per position with adjusted stops. Now whether it is 10k balance or 1m balance, the % of risk remains the same. Just the amount of money lost seems like a lot but it is just numbers. He does not care about the money as for him it is just numbers. He has seen wealth and does not care. A person who has never seen 500k sitting in his bank account is surely going to be shitting it.
May 30, 2013 at 09:13
Bisho777 posted:
thats so true!!!!
in case of if ur a robot...without any feelings nor emotions...
i guess its a stupid idea about how all r telling u... u should ignore ur feelings n emotions n be disciplined... its bullshit!!!
in my opinion we will be human beings... we will keep our feelings forever...
so its better idea to start know ur self much better n learn how to drive fear n greed to ur favor... at least it sounds more realistic than trying to ignore them....
so dont tell me i shouldnt get scared to the death if am loosing 1 million n take as if am loosing 100 if both were like 1% of my account...
its totally bullshit... its theoretical stuff... u read about it in some books n website... but real trader will keep have the fear n greed everyday... the question is... does he know how to use them in his favor?!!!
just my 2 cents ;)
You must be a poor bitch!
May 30, 2013 at 10:35
forexedge posted:Bisho777 posted:
thats so true!!!!
in case of if ur a robot...without any feelings nor emotions...
i guess its a stupid idea about how all r telling u... u should ignore ur feelings n emotions n be disciplined... its bullshit!!!
in my opinion we will be human beings... we will keep our feelings forever...
so its better idea to start know ur self much better n learn how to drive fear n greed to ur favor... at least it sounds more realistic than trying to ignore them....
so dont tell me i shouldnt get scared to the death if am loosing 1 million n take as if am loosing 100 if both were like 1% of my account...
its totally bullshit... its theoretical stuff... u read about it in some books n website... but real trader will keep have the fear n greed everyday... the question is... does he know how to use them in his favor?!!!
just my 2 cents ;)
You must be a poor bitch!
lol kind of
May 30, 2013 at 10:36
hundy1987 posted:
Its all relative. If you lose 1 million and its only 1% of your account it should not have a great affect on you. By the time your account is at 100 million, 1 million is not that much money to you. Its all relative.
buddy one million is a one million no matter how much u have...
get 100 million... then tell us how u gonna feel about losing 1 million....
May 30, 2013 at 10:47
Lets stop talking about the millions, or the % of millions. I'm thinking smaller. I'd just like to see a live account with USD100,000 here. I'd be more curious what that guy has to say, than the owner of a demo account with USD1,000,000. 😁😀
Am I asking for too much ?
Am I asking for too much ?
The market will go up, failing which, it will go down.
May 30, 2013 at 10:50
wlk1 posted:
Lets stop talking about the millions, or the % of millions. I'm thinking smaller. I'd just like to see a live account with USD100,000 here. I'd be more curious what that guy has to say, than the owner of a demo account with USD1,000,000. 😁😀
Am I asking for too much ?
I actually had added a live account with 100k on here private but swapped broker to bank. Now there is no mt4 account for me to add here.
May 30, 2013 at 10:50
so you guys are agree there is no different between $1000 and 10 million..so now answer questions below and see what is difference :
1- which broker or bank give you leverage 1:500 on 10 million dollar ? but most of them provide on 1000$
2-what if you sell $ 10 billion of pair eurusd for example ? there are few banks can handle it and most of brokers dont.
3- most of people have $1000 to risk but there are few peoples have 10 million to risk
now you get what is difference ?
1- which broker or bank give you leverage 1:500 on 10 million dollar ? but most of them provide on 1000$
2-what if you sell $ 10 billion of pair eurusd for example ? there are few banks can handle it and most of brokers dont.
3- most of people have $1000 to risk but there are few peoples have 10 million to risk
now you get what is difference ?
May 30, 2013 at 11:03
fxtom posted:
so you guys are agree there is no different between $1000 and 10 million..so now answer questions below and see what is difference :
1- which broker or bank give you leverage 1:500 on 10 million dollar ? but most of them provide on 1000$
2-what if you sell $ 10 billion of pair eurusd for example ? there are few banks can handle it and most of brokers dont.
3- most of people have $1000 to risk but there are few peoples have 10 million to risk
now you get what is difference ?
I dont know about you but you must be thinking small time and lack professional trader thinking. Look, the way my fund manager always creates strategies is to create something that will work on 1:50 leverage so there will not be any problems for him to trade 100,000 usd balance up to 10 Million balance. When he trades a lot more, then he normally asks for 1:10 leverage. He would reduce the risk and returns will probably be a third of what he normally makes. It is good as for big investors it reduces volatility and their money is safe.
May 30, 2013 at 11:13
forexedge posted:fxtom posted:
so you guys are agree there is no different between $1000 and 10 million..so now answer questions below and see what is difference :
1- which broker or bank give you leverage 1:500 on 10 million dollar ? but most of them provide on 1000$
2-what if you sell $ 10 billion of pair eurusd for example ? there are few banks can handle it and most of brokers dont.
3- most of people have $1000 to risk but there are few peoples have 10 million to risk
now you get what is difference ?
I dont know about you but you must be thinking small time and lack professional trader thinking. Look, the way my fund manager always creates strategies is to create something that will work on 1:50 leverage so there will not be any problems for him to trade 100,000 usd balance up to 10 Million balance. When he trades a lot more, then he normally asks for 1:10 leverage. He would reduce the risk and returns will probably be a third of what he normally makes. It is good as for big investors it reduces volatility and their money is safe.
i dont know about you too but the problem is the trading style on big amounts like millions and billions dollar, is completely different due to the result i told you in previous post .
May 30, 2013 at 11:13
This is a statement taken from http://www.forexmanaged.biz/, the fund that @fxtom is trying to sell. I'm not a math major, or great with numbers, but I've never seen a statement with so many perfectly rounded-off-to-the-thousand P/L statement before.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
Fichiers joints:
The market will go up, failing which, it will go down.
May 30, 2013 at 11:17
wlk1 posted:
This is a statement taken from http://www.forexmanaged.biz/, the fund that @fxtom is trying to sell. I'm not a math major, or great with numbers, but I've never seen a statement with so many perfectly rounded-off-to-the-thousand P/L statement before.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
and this is my 10 million dollar demo account that i trade more than 2 years with leverage 1:50 and some times i used lower leverage like 1:5
http://www.myfxbook.com/members/fxtom/wwwforexmanagedbiz/245014
Membre depuis May 22, 2012
posts 104
May 30, 2013 at 12:08
Why do you guys fighting about this. Ofcourse it relative.
Say one guy who has only 100$ investment, if he loses 100$, how does he feel?
say another guy who invest 1billion, if he loses 100$, does he care? it the least he can lose.
Isnt that obvious?
Say one guy who has only 100$ investment, if he loses 100$, how does he feel?
say another guy who invest 1billion, if he loses 100$, does he care? it the least he can lose.
Isnt that obvious?
Membre depuis May 22, 2012
posts 104
May 30, 2013 at 12:09
wlk1 posted:
This is a statement taken from http://www.forexmanaged.biz/, the fund that @fxtom is trying to sell. I'm not a math major, or great with numbers, but I've never seen a statement with so many perfectly rounded-off-to-the-thousand P/L statement before.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
hmmmmmn. Dont just blame others unless you know the truth. I am not saying he did not modify the statement.
Here i am ONLY TALKING ABOUT THE FACT THAT YOU ARE ASKING ITS PERFECTLY ROUNDED TO THE 1000s.
If you observe the first trade, he got 8000 profit for 8 pips. That 100 standard lot trade. Thats the reason you see perfectly rounded to the 1000s position.
May 30, 2013 at 12:27
fxtom posted:wlk1 posted:
This is a statement taken from http://www.forexmanaged.biz/, the fund that @fxtom is trying to sell. I'm not a math major, or great with numbers, but I've never seen a statement with so many perfectly rounded-off-to-the-thousand P/L statement before.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
and this is my 10 million dollar demo account that i trade more than 2 years with leverage 1:50 and some times i used lower leverage like 1:5
http://www.myfxbook.com/members/fxtom/wwwforexmanagedbiz/245014
What an absolute cock you are FXTOM. I mean, why even talk about leverage? You are running a demo account. LOL.You will never see 10M ever in your life.
May 30, 2013 at 12:29
vijayinvites posted:wlk1 posted:
This is a statement taken from http://www.forexmanaged.biz/, the fund that @fxtom is trying to sell. I'm not a math major, or great with numbers, but I've never seen a statement with so many perfectly rounded-off-to-the-thousand P/L statement before.
I am, however, great with photoshop. If anyone needs their statement changed from a USD100 account to a USD100,000,000 account, do let me know.
hmmmmmn. Dont just blame others unless you know the truth. I am not saying he did not modify the statement.
Here i am ONLY TALKING ABOUT THE FACT THAT YOU ARE ASKING ITS PERFECTLY ROUNDED TO THE 1000s.
If you observe the first trade, he got 8000 profit for 8 pips. That 100 standard lot trade. Thats the reason you see perfectly rounded to the 1000s position.
True, but you dont understand what WLK trying to also say. When you are dealing with big money, you will get cleared through ECN prices as no broker is able to become a counterparty/hedge and put on books. Too big size for brokers. The decimal should be an extra 0 too.
May 30, 2013 at 12:42
I have to agree with @forexedge. A demo is a demo. Don't try to pass it off for anything else. I'll believe you can handle a real account when I see it.
The market will go up, failing which, it will go down.
May 30, 2013 at 14:07
(édité May 30, 2013 at 14:11)
http://www.myfxbook.com/members/forexedge/banking-platform/468553/Fu3vZS7xTDeZCT0VmSq0
Here is the private account. The growth chart at end is wrong as it account was stopped and moved due to some problems with mt4 platform.
Hedge funds made only around 3% first quarter. It is not too bad and it is real trading.
Account made 25% gain. This strategy makes around on average 60% net per year since 2003. Clearly the returns would have been a little less from when account started. But hey, it is real trading.
I have seen brokers complement the trader because a lot of traders do not even last 1month let alone 4months.
If you like to invest, then just ask. I can ask trader. Just leave 10k deposits in there for 10 years. Compound that by 60% net per year and you will be a millionaire in 10years time.
Here is the private account. The growth chart at end is wrong as it account was stopped and moved due to some problems with mt4 platform.
Hedge funds made only around 3% first quarter. It is not too bad and it is real trading.
Account made 25% gain. This strategy makes around on average 60% net per year since 2003. Clearly the returns would have been a little less from when account started. But hey, it is real trading.
I have seen brokers complement the trader because a lot of traders do not even last 1month let alone 4months.
If you like to invest, then just ask. I can ask trader. Just leave 10k deposits in there for 10 years. Compound that by 60% net per year and you will be a millionaire in 10years time.
May 30, 2013 at 15:05
@wlk1 thank you for your complements in the mail privately about the trading account I have provided on this forum.
I would like to also say well done to yourself on your live trading with very good gains. It goes to show, there are people with live accounts that are doing well but only very few around.
I would like to also say well done to yourself on your live trading with very good gains. It goes to show, there are people with live accounts that are doing well but only very few around.
