SharePosts by LgIndustries
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What are the actual Risks of managing a complete myfxbook strangers portfolio? In Experienced Traders Sep 18 2019 at 12:15
Did they pay you profit share trustfully at the end of the agreed period?What protection majors did you as a trader use/implement in the agreement and if you had bad experiences how did they trick and scam you?Kindly elaborate.(A lot of people/strangers ask for you to run portfolios for them but most of them just close their accounts and change their contact details and never pay you your share of the profits and they disapppear.Did you ever experience this and how did you solve it and how can advise a fellow trader to go about such agreements??
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You mean 100% strike rate winnings???...I operate 95% strike rate not 100% (because sometimes i do scratch out of trades or break even and i trade larger volumes (millions in usd),especially if there is news releases like elections,disasters and terror.i do close all my trades and sometimes they are in negative 0.2% drawdown e.t.c).
To answer you question.Yes its possible.
Your question reminds of me a guy whom i am currently helping with his portfolio.His equity growth was bouncing up and down and he was stuck. He struggled with consistency.Check his perfomance before i took his project out...
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I know a lot of people will hate this comment,but,why not 50k to 500k in 3-4 months???
I can do it...so can you,if you think big.i have done it before for a student,for my students and done more for my clients.While still maitaining risk that is.
Let me give you an example of how a hypothetical scenario can play out,considering my own method and trading approach-results.
if i were at the drivers seat of your account.
WEEK1
With 50k i can make on average a 90kusd-110kusd profit return on THE VERY FIST TRADE.(typically)..with "potential to loose 10kusd-most people would want me to add thi...
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WHO trades forex for more than 10 years and keeps making regular profits In Experienced Traders Jun 16 2019 at 07:13
I have above 10 years + in the business...and i can say we doing well for ourselves,better than your average Joe in here.
Losses are inevitable.But our strike rate is 90%.
There is no 100% clean record.that is all i can say.Most of my losses are not from being wrong from the trade i took but rather pop up fundamentals that end up scratching us out at break even and we count those as losses.That is what i mean by losses,but on the contrary predicting a wrong trade i have never done in the last 7years of my career,the first 4 years of my career were a mess though.A horrible mess...!!
conclusion...
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