Diskusija

I have never blown an account. I had large drawdowns, but I always protect 50% of any account. That's a rule to manage an account.
I'm don't going to lose my precious time with a loser. Sorry.

OK, then please make this account public: https://www.myfxbook.com/members/marcelcorzo1/marcel-real-nano-managed-15/13676

Please find attached one the statements of Mr Corzo found here:
https://www.forex-tsd.com/raw-commercial-ideas/21434-marcel-managed-accounts.html

It will give an idea what's gonna happen to your account.
Deposit/Withdrawal: 20 000.00
Closed Trade P/L: 3 451.51
Floating P/L: -10 980.44
Balance: 23 451.51
Equity: 12 471.07

Also some interesting things from that thread:

marcelcorzo1 posted:
Hello, everybody.
I’m offering managed accounts. Here is the deal:
1. And the most important: Risk only what you can afford to lose. I don’t respond for partial or total losses on your account. If you don’t have much confidence, start little.

So you actually expect that your managed account could get blown.
And from the attachment WE COULD SEE THAT YOU'RE CAPABLE OF GETTING INTO ~50% FLOATING DD IN JUST FEW DAYS.

There's also one thing that bothers me. You have unanswered question from this thread: https://www.forex-tsd.com/raw-commercial-ideas/21434-marcel-managed-accounts-6.html

The question is from 05-08-2010, 02:59 AM from forexarchitect member in answer to member Margin Call:

Margin Call posted:
Dear sir , where can I find your Fxbook?

The answer from forexarchitect:
here: https://www.myfxbook.com/members/marcelcorzo1
but all in red, what happened?


INTERESTING, ALL IN RED. Let's check the date when all is in red - 05.08.2010.
THE INTERESTING PART IS THAT ALL YOUR CURENT MANAGED ACCOUNTS ARE WITH START DATE AFTER 05.24.2010

PLEASE SHOW ALL THOSE ACCOUNTS IN RED BEFORE 05.08.2010

marcelcorzo1 posted:
    I have never blown an account. I had large drawdowns, but I always protect 50% of any account. That's a rule to manage an account.
I'm don't going to lose my precious time with a loser. Sorry.

And when you say I'm a loser please prove it. Did you see some huge DD or huge losses on my accounts?

Please tell where are all these acccounts:
https://www.myfxbook.com/community/trading-systems/marcel-demo-nanolots/203,1
https://www.myfxbook.com/community/trading-systems/nano-2-marcel-managed-demo/315,1
https://www.myfxbook.com/community/trading-systems/real-nano-account-marcel/1004,1
https://www.myfxbook.com/community/trading-systems/marcel-real-nano-managed-3/1979,1
https://www.myfxbook.com/community/trading-systems/marcel-real-micro-managed-4/3472,1
https://www.myfxbook.com/community/trading-systems/marcel-real-nano-managed-5/5282,1
https://www.myfxbook.com/community/trading-systems/marcel-real-nano-managed-6/5283,1
https://www.myfxbook.com/community/trading-systems/marcel-real-nano-managed-7/5540,1

I think you removed or deleted those accounts because they show something you wouldn't be proud of.

forexma posted:
 

And when you say I'm a loser please prove it.

https://www.myfxbook.com/members/forexma/live-account/19764

Done. proved.

And by the way, I have made an explanation in that forum to all your questions:

https://www.forex-tsd.com/raw-commercial-ideas/21434-marcel-managed-accounts-7.html#post358286

Some was asking if I still manage accounts last month, so I replied:

'hello, do you still succesfully manage accounts ? could u send me some more stats ?
I still manage accounts, but I'm not posting stats until I finish to test many changes in my strategy. I had in february and may some drawdowns due to unexpected movements (+1.000 pips in a few days) in EURJPY, and I had to make those changes. Fortunately, I didn't lost any account. Now the risk is lower, and of course the profits are lower too. The floating P/L is lower too, I'm trying to let it below 15%. Most of my actual managed accounts have the floating P/L around 5%. You can check it here:
https://www.myfxbook.com/members/marcelcorzo1.'

Even because those drawdowns I lost some clients, none of them has stated in any forum that I blowed his account entirely. Evenmore, I offered to them to recover those accounts.

Regards,

Marcel

You didn't prove I'm a loser but I proved you're liar. You just showed my live account with less than 1% DD.

I ask you for maybe 10-th time to MAKE THIS ACCOUNT PUBLIC SO PEOPLE COULD SEE FOR THEMSELVES HOW YOU MANAGE ACCOUNTS: https://www.myfxbook.com/members/marcelcorzo1/marcel-real-nano-managed-15/13676
This particular account was blown by Mr Corzo.

Mr Corzo is hiding or deleting all the accounts that were blown or in HUGE DRAW DOWNS, he's just showing the good looking ones.

Unexpected moves of +1000 pips in a few days are allways unexpected. You won't hear it on the news: TRADERS BEWARE, IN THE NEXT FEW DAYS EUR/JPY WILL HAVE UNEXPECTED MOVEMENTS OF 1000+ PIPS IN THE WRONG DIRECTION.
ALL PROFFESSIONAL TRADERS ARE PREPARED FOR SUCH UNEXPECTED MOVEMENTS.

I don't care what you write about me or my systems, I'm not here to advertise or sell my systems or services. And forexma comes from forex maniac. Your strategy is dangerous and you're doing exactly what I hate most: you trade other's money with crazy grid strategy knowing that blowing an account is everyday's option but you care only about your 50% profit share. Yes with that system an account could survive for months and the longer it takes you gather more 50% commissions and what happens at the end is you saying: I'm sorry, remember rule nuber 1: And the most important: Risk only what you can afford to lose. I don’t respond for partial or total losses on your account. If you don’t have much confidence, start little.

Steve has explained well what I mean, he was talking about martingale but your strategy is no better than martingale because it's equally dangerous:

stevetrade posted:
    Okay, lets just examine the way that a martingale managed account works.

So, say the client invests $10,000

And you can generate a 100 % return per month

And you are taking a 50% cut of those returns.

So, in the first month. The account is now worth $20,000.

You take $5,000. Thank you very much!

The client has $15,000 in his account.

So the next month your 100% profit generates the client $15,000.

Account is now $30,000

You take 50%, $7500. Thank you very much!

The client now has $22,500 - He's getting excited at this stage. He thinks about maybe withdrawing some money but greed gets the better of him. So he doesn't, as you've told him this can go on forever.

So, the next month you make 100%.

Account is now at $45,000

You take 50%, $11,250 . Thank you very much! You have now banked $23,500. A nice sum for doing practically nothing other than exploiting people who don't realise that one day....

Blam! Black swan event. Account gets a margin call. Investor loses all his money but it's okay because you banked $23,500 from your client.

Martingales are about one of the most despicable ways to manage an account, you're up there along with Bernie Madoff in my opinion. They take practically no skill and no trading experience to run. I could set one up now today in about thirty minutes and be showing this kind of account performance myself very easily in a few months.

Take it easy SOLAR, Investors are asking all the right questions before they invest... I think the days of them falling for the grids and martins are over. These free auditing websites have them talking like pros :) If they do not disclose everything in public it just raises red flags and the investor will want those questions answered before they commit any funds. They want to thoroughly know the risks before they jump has been my experience.



warm regards,

Damon

Here Marcel , you can watch the accounts closely

<a href='https://www.myfxbook.com/members/pipinvestment1/smart/63316'><img src=''/></a>


 I was not making a point with that link.--https://www.myfxbook.com/community/trading-systems/marcel-real-nano-managed-5/36646,1#?pt=2&p=3&o=36646

 I was reading the system page and I didn't realize it was an older account of ours, then I clicked out your profile to see that your past system was deleted. It doesn't bother me a one bit. I've seen you burn through many accounts on Myfxbook and I've seen your posts promoting your managed accounts on Currensee.com a long time ago. Enjoy

You are talking with the wrong person. I have never posted on currensee. And I have never blown a managed account.

You can look how I trade actually. It's much secured than you.

marcelcorzo1 posted:
    You can look how I trade actually. It's much secured than you.

Yes, we saw how secure is your trading but it's allready PRIVATE:
https://www.myfxbook.com/members/marcelcorzo1/marcel-real-nano-managed-15/13676
I've seen it BLOWN with my own eyes before Marcel managed to make it private.

You know I had a drawdown in that account but not blowed, why you insist on that? Are you in loved with me?

Solar, why you deleted your beatiful systems? You finally blowed your account? sorry. but I give you an advise: Instead of attacking real traders like me and protect those who really handle a large risk trading as Elite Trading Team (pipinvestment1), focus on enhance your own trading style. And stop spamming my systems.

Excellent the new 'Risk of ruin' feature. although I have checked other trader's accounts and I can see only 0.01% or 99.9% risk for all percentiles. Why would be that?

if the account drops below 80% Equity, what are the chances of a recovery?

From the looks of previous accounts managed by Marcel Corzo, Closing all these FLOATING Losses would be the smartest idea.


However, by the looks of this account, it doesn't seam that taking necessary action is at the TOP of your Priority List.

https://www.myfxbook.com/members/marcelcorzo1/marcel-real-nano-managed-6/42381 --- 60% equity and it did dip below 50%

marcelcorzo1 posted:
    Solar, why you deleted your beatiful systems? You finally blowed your account? sorry. but I give you an advise: Instead of attacking real traders like me and protect those who really handle a large risk trading as Elite Trading Team (pipinvestment1), focus on enhance your own trading style. And stop spamming my systems.

He doesn't Manage accounts. YOU DO!

Are you scared with a 5.28% maximal drawdown and a 60% equitý? lol, I know how to take advantage of the money!! We will talk in another year. Intead, try to make a little money by yourself instead of fkn.. other traders.

I don't think you understand DRAWDOWN- let me get the definition for you-

''What Does Drawdown Mean?
The peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and the trough.''


Just because you have only closed out a small position that registered a DRAWDOWN on MYFXBOOK does not mean that your maximal drawdown is 5-10%..

Your equity is floating to the bottom of the sea.

Are you saying that your account will hold this drawdown for as long as a year, before it recovers, and if it recovers? What if the market continues to trend, like it has for the past 3-4 months?

What if you were the investor? How would you feel to look at this floating LOSS?

Making $$$ is not easy, but spotting out scams is easy and FUN.