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goldenmember trader's profile

goldenmember

Info

Bio:
PAMM trader and forex coach - contact me for details. skype goldenmember5

website: bestpammaccounts.com
new myfxbook: TigrisEquity

*** I have moved account to my myfxbook/members/TigrisEquity (as it is a more relevant name than goldenmember*****

***building work in process, I am rebranding into a different name, and setting up a website*****

Trading style:
**********update 4 June 2014*********
I am now offering a PAMM account via Tallinex and IC Markets. Tallinex has a $5000 minimum if you take their 100% credit bonus taking your account up to $10 000. They also accept US clients. IC Markets will have a $10 000 minimum - this allows trading on ECN with 1 minilot at a reasonable leverage. IC do not accept US clients.

The target for the PAMM is 4-6% per month with a 5-10% dd (25% maximal drawdown in exceptional circumstances). I have been able to achieve this over the last 3 years on my personal account (Euphrates Legacy) and I look forward to doing the same for you.

There is a 30% performance fee at high watermark. Please contact me for more details.

My trading style and philosophy is discussed in a long thread if you have the patience to read it: http://forums.babypips.com/newbie-island/55172-practicalities-philosophies-successful-trading-goldenmember.html

***************************************************

As quite a few people have asked - trading is manually done based on a 'technical' and 'fundamental' picture. It is not automated although I investigating ways to add automated trading to augment my current trading in the future.
UPDATE 15th Sept 2013
I have been trialing an automated system over the last few months (different from my manual trading) and will be adding it to my trading in the near future. At that stage my account will go private to protect the edge the automated trading has.
Update 30 Nov 2013
I've returned the account to public but have decided to hide trade history and account balance for my own security (my own financial security -of concept and income is of primary importance to me). I will allow the system to update at the end of each month to produce a monthly report as opposed to a day by day reporting.
As some people have messaged me I do offer forex coaching for an hourly fee, if you are interested PM me for details.

Motto:
Don't be a slave to money, make money your servant.

Experience No Experience

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Registered Sep 22 2011 at 07:07

Blocked users 1

Chart

Systems by goldenmember

This user doesn't share any systems currently.
goldenmember Jul 06 2014 at 16:58
I am currently rebranding into another name (goldenmember doesn't cut it) and will have a new website with links etc to managed accounts soon
Canal de Análises Diário Fx Online
diariofxonline Jul 18 2014 at 19:45
keep us updated.
goldenmember Feb 20 2014 at 11:45
Since the last mt4 upgrades have caused me issues with my EAs, I am now looking in the near future to switch everything over to MT5 to avoid headaches on every upgrade (since I am sure that metaquotes are going to try and shift everyone over to MT5 with constant upgrades over the next year/couple of years). Unfortunately that will mean I will have to shift accounts and lose my trade record to start afresh. Once I get my EAs rewritten and find a good MT5 service I will be making the switch.
Osiris
kebayamwamba Feb 20 2014 at 12:01
I understand what you are saying. Facing same problem here.All the best
whitemagpie Jan 19 2014 at 19:25
This is an impressive performance! Do you offer a managed account service?
goldenmember Jan 20 2014 at 12:50
Thanks for the compliment. I am thinking of doing so, but there are some technicalities that I have to address before I go forward with that.
Osiris
kebayamwamba Jan 30 2014 at 17:00
am impressed
goldenmember Dec 01 2013 at 07:35
I've returned the account to public but have decided to hide trade history and account balance for my own security. Although that might displease people, my own security (of concept and income) is of primary importance to me. I will allow the system to update at the end of each month to produce a monthly report as opposed to a day by day reporting.
famajeed Nov 08 2013 at 15:22
I have been following your posts and trades here, I am very impressed. I am so confused at what strategy you utilize as you never speak to it directly, but what now confuses me further is that you were able to automate it. Good luck, your account is the only one with solid pips that ihave seen with very comfortable draw downs.
goldenmember Nov 08 2013 at 22:07
Automated trading takes my technical trading set ups and trades it at a low lot size so I don't have to be distracted by technical set ups while I trade longer term manual for larger sizes.
famajeed Nov 09 2013 at 21:38
Amazing that makes sense. I read your recent posts where you explained your long term strategy and I thoroughly assume due to ppl like me bugging u constantly. My understanding is that you use supply and demand theory to assess where a certain currency would land. I will admit I am not good at this, but this where I got to, if I were to make this type of model, at the bare minimum for factors say I would assess the CDN to be dependent and oil gold and TSX to be independent variables, I could probably create a multivariate model although I have to figure out time frames and a scale to see how far back to lag these variables. I would have to repeat the exercise for the other currency which i would be pairing with cdn to trade the pair. But some basic stats also teaches me that these relationships may not hold true, some fundamental changes can alter this wherein comes the art part, and embracing uncertainty without being able to size it. Also what about correlation models do u suppose they would be different than these multivariate models.
goldenmember Nov 10 2013 at 21:39
The supply/demand/price triad is important, but its important to differentiate this from the Sam Seiden style 'supply and demand' which I do not agree with. In terms of independent variables from the USD (I assume that is what you are saying) I would say that gold and oil are more independent that currencies such as the euro but you will find its very difficult to model them because they have their own influencing factors. Correlation does apply as large scale divergences have reasons behind them but the correlation/divergence itself is no use without the reason behind it.
goldenmember Nov 02 2013 at 18:08
I am adding my automated system to my trading this weekend and will be making the account private for the near future until I am confident that my automated trades aren't affected by scrutiny.
PipDom Sep 23 2013 at 17:23
Golden, I have been trying to see your history. I am a babypip member, and really trying to be profitable consistently... How did you manage to become one? I'm trading price action..