How To: Truth about Managed Account

Hi everybody,

There's so much hypes and lies on the forex market nobody knows what's true or false.

Thus the problem.

How can we [b]market [/b]a product that we believe in such as managed account that makes nice profits with good risk control?

ForexGT_org posted:
Hi everybody,

There's so much hypes and lies on the forex market nobody knows what's true or false.

Thus the problem.

How can we [b]market [/b]a product that we believe in such as managed account that makes nice profits with good risk control?

Create account here on myfxbook,
beat the competition,
keep system stable
be honest.
What else do you need?

@[email protected]
Agreed, completely. Showing a consistent track record on live accounts here is surely all that's required?
Moreover a lengthy track record with good DD too.

Our Profile is loaded with 'LIVE' accounts all managed accounts of users on myfxbook, There are a lot of scams on the internet but our track record is solid. we have numerous accounts. most of the accounts are take overs., meaning they belong to people who have lost a lot of money in them. so they turn them over to us and we rebuild them with fresh profits and till they are back to there original balances.

https://www.myfxbook.com/members/forexalertsystem


P.M Us if you need help with getting your trading account balance built back up.... we have tools and systems and mathematics that are light years ahead most traders will never get a chance to see...

MyFxBook is filled with the carcasses of failed systems, failed traders and failed promotions of said systems.

Here is my recommendation, learn how to trade, learn how the markets work, learn how to carry out due diligence, learn how to develop a system. Only once you understand what you are looking at will you be able to spot the duds.

Turning up on MyFxBook and expecting to be able to spot the winning systems to invest in from day one is probably going to end in disappointment for you.
Best regards Steve

Well said "steveB", TOOOooo many newbies come to the forex market expecting a winning system to be handed over to them, it does not work that way.... people like us with a winning system would never in a million years sell a copy of the source code... any one who thinks some $97 click bank system. or some magic multi-thousand dollar black box with a pricey data feed will solve your worries. will not last long. but then again. the more of these newbies that come to the forex and lose! the more money we make being the opposite side of the trade. So thank goodness there are so many bogus and failed ideas and systems in circulation....

Cheers.....

stevetrade posted:
MyFxBook is filled with the carcasses of failed systems, failed traders and failed promotions of said systems.

Here is my recommendation, learn how to trade, learn how the markets work, learn how to carry out due diligence, learn how to develop a system. Only once you understand what you are looking at will you be able to spot the duds.

Turning up on MyFxBook and expecting to be able to spot the winning systems to invest in from day one is probably going to end in disappointment for you.
Best regards Steve

Yes steve, you're very right! I think everyone should work hard to understand forex and the behavior of currencies. But if someone can't do it himself, I don't see any problem if he entrust his money to a trustworthy good trader!

forexalertsystem posted:
Well said "steveB", TOOOooo many newbies come to the forex market expecting a winning system to be handed over to them, it does not work that way.... people like us with a winning system would never in a million years sell a copy of the source code... any one who thinks some $97 click bank system. or some magic multi-thousand dollar black box with a pricey data feed will solve your worries. will not last long. but then again. the more of these newbies that come to the forex and lose! the more money we make being the opposite side of the trade. So thank goodness there are so many bogus and failed ideas and systems in circulation....

Cheers.....

Only Market makers make money when their clients lose, as a retail trader you won't get anything if other traders lose 😄
So, no need to pray that more losers join forex 😀 If you're really a winner you'll stay a winner! God luck 😉

I don't see anything wrong with using money managers, in fact I recommend it. Diversification is the key to survival in investment, even if it means diversifying away from your own trading!

The thing is, until you understand how to trade you have no way of knowing which money managers to trust your hard earned money with.

In an industry where it's estimated 95% of traders fail, you have better odds of actually picking a random direction on a random currency yourself than of picking a money manager who's strategy you don't understand.

I've seen so many 'money managers' come and go on this website over the years. Some of them actually appear to be pretty good for a while but they generally fall down eventually.

I can't stress it enough, learn to trade, learn the markets, only then will you be able to spot the best opportunities that come up and take advantage of them.

Best regards Steve

If you're a good trader then you're .. no matter what broker or which society you're in, you still good at it.
while
if you feel not good enough to become a good trader.. and you have the fund, there's still a way to made money with forex.
be a Smart Investor. a real one, one who can define a good and bad trader as is.
well, if you're not good enough on both, still there's a way.. you can count on your nature.. and become an Invisible Gambler. :D

good luck with the path you take.

cheerrsss

@ FXINDIKATOR
Only losers blame their brokers 😉
And yeah; One shouldn't be smart only in forex but also in choosing the best fund manager!

@ Steve
Well said man; But I think it's also possible to invest without having any idea about forex, if we have a real friend or someone very close from family.... someone that we can trust if we give him our money to manage it in forex, I think it's not a problem too!

Follow these Two Systems:

https://www.myfxbook.com/members/forexalertsystem/c-1-live/843495

https://www.myfxbook.com/members/forexalertsystem/real-client-live-account-using/874928


Our Trading Videos 'subscribe to them' lots of interesting information.

https://www.youtube.com/user/forexalertsystem/videos

ForexGT_org posted:
Hi everybody,

There's so much hypes and lies on the forex market nobody knows what's true or false.

Thus the problem.

How can we [b]market [/b]a product that we believe in such as managed account that makes nice profits with good risk control?

May be this help: https://www.myfxbook.com/community/experienced-traders/how-evaluate-trading-system/703638,1

@forexalertsystem
That's not bad, it's not brilliant.

@forexalertsystem

Why C-1-LIVE has custom start date?

@forexalertsystem
Agree with B1FXprof. Pretty good performance. I'd be looking to improve your expectancy though, that's too small a number for my liking. Obviously it's also only been running for a short time.

@Ardit Huruglica Description of the system explains for you ( unless he added that after your comment ).

Best regards Steve

The Account Belongs to a customer, they lost 45% before we took over 'February' 21st 2014, and began management of the blow account recovery process and got the balance back up...... we just moved the date over to the day we took over the account. its missing month 1 only. nothing else. can show entire record upon request.

I see now. That excaped my eye. Great.

Question, when looking at robots, we can get a pretty good idea of how good the robot is by how long the trial period is. Is there anything like that which would indicate whose good and who isn't for managed accounts?

As for me, If I were considering managed accounts, honestly I would ask Ardit, that is area of expertise, and by the looks of it he's getting pretty good at it too.

Bob

Hey bob it’s important to factor in what country the system operates in, most overseas brokers do not accept Americans. And from what i can tell bob you’re in America, which means following most of the systems on myfxbook would most likely blow your account.
i also noticed most of your demo accounts use leverage of 1:200 in America you’re not allowed to have that type of leverage its fixed to 1:50 , plus you can't hedge and have to deal with FIFO Rules. All of this will severely limit your account. All of our live accounts posted on our profile are all American based accounts. Because of the FIFO Rules. it knocks about -10% of our accuracy statistics. 'long story' in reality its about 10% higher than what myfxbook shows only because we have to close position in the order opened.

So don't place to much weight on Ardits system because like i said he can do things you can't with a live account….