How many have got investors by using this site?

dxnation posted:
Just received 3 more clients through myfxbook

Slowly but steadily, making my way to my goals.

Wishing good luck to everyone over here.

These new clients must be desperate newbies to trust their money to a guy which produces such insane DDs

ForexPro posted:

dxnation posted:
Just received 3 more clients through myfxbook

Slowly but steadily, making my way to my goals.

Wishing good luck to everyone over here.

These new clients must be desperate newbies to trust their money to a guy which produces such insane DDs

Don't worry about my clients ForexPro, I can surely take care of my clients and their funds. DDs might be high on one of my account but that doesn't discourage my clients who have been working with me for so long now.

If you have a better system with a long history, I won't mind switching my clients to you. Afterall, we are here to make profits for everyone.

So, if you have something to showcase here, then I would be happy to work with you.

Well, here is my story.

I have been here for quite long time and i was trading demo accounts basically because i dint have money with me :)

One of the guys(not sure if i should mention his name, without his permission) was watching me and he was interested to buy the EA that i was running on a demo account, he has seen the results for a longer period.

Then he asked me if i sell the EA, i said no, it cant be sold as its my own handwork. I suggested him to use PAMM if he is interested and i promised him good money management.

He believed me(strange right?) and he told me that he is ready to invest some amount and if i can show him good results, he will invest more.

He invested 500$, i showed him around 50% profit with low DD, he is impressed. But i was not satisfied with the way the EA was performing. I told him i will do some modifications and change this EA to be more profitable and even more low DDs.

I did develop and tested for few months, he is impressed with the test results again and he invested 1500$. Initial week was horrible, there was a hardcoded lot size which made the account go as low as 40% DD. i was so disappointed, as someone believed me and i did this for him. The EA is so good, that it recovered well and it did close in marginal profit.

Then i removed the hardcoded lot sizes and reduced the risk by 80% than what it was in the inital week. Account started performing a lot better.

By the way, he is impressed again and he added 4000$ more with the toltal of 5600$. Thanks to him.

After the first week 40% DD, the account had below 5% DD, which is great, and it is giving around 20% p.m, with as low as 5% DD, isnt that great?

after seeing i got one more investor with 512$, he just joined this month and he already got 6-7%.

Wish me luck and i hope i continue this and make my investor happy and i earn money. Win win for both.

And here is the link for my account.
http://www.myfxbook.com/members/vijayinvites/smarttradereal/588403

Dear @vijayinvites
Your system very good so far but remember that statistically you can double your DD during next 5-6 months period.
And after that you can double it again. I've seen that too many times.
I suggest that for the records you open one account which has 50% of your current risk and targets 10% per month.
And an other account which has 25% of your current risk and targets 5% per month.
(risk and profits do not correlate linearly but its not important here for this discussion)

I presume that in the long run you least risk account can have 5% return per month and about 20% risk.
And that is great achievement if you can run your account for 12 months with these statistics.
I hope you all the best luck and I don't want to discourage you but IMO your current results are too good to last for a long time.
But if you can maintain consistent trading style with reasonable risk you will gain more investors.

I'll be glad to test your service after about 6 months transparent trading results and could consider it seriously after 12 months of good results. And even then I would think twice because trusting just on one person to run my account is quite risky compared to a company that has more than one person doing the trading and/or keeping systems running.
And remember to register your system to auto trade as soon as your are eligible!
Good luck!

Thanks for the suggestions and feedback.

I duely noted your comments, yes the DD is currectly at 5% and i am OK till it reaches 20% of the account. I do not open trades with big lot sizes but with small lot sizes and try to get more pips to give good returns. For example for the account currently opens 0.08 lot size. a 1000 pip loss will give me 10% DD, that is still under control. Yes i do agree a company can manage it better as long as they have a solid entry and exit strategy. The stategry that doesnt have an exit will fail some day. My strategy does have an exit when markets goes against my favor. Anyways thanks for your words. Appreciated.

HDKR posted:
How many of you have made money by either selling a system, or getting investors, by making your performance public on this site?

I think it's a good website.
Many of my friends have found cooperation opportunities here.
Hope you can make a lot of money by it.
Good luck, my friend.

if you realy good with your stuff, don't worry about investor, I am sure they will invest soon or later, myfxbook is only media to attract new client or investor. it could work for them but maybe not work for you, but believe me, rich people out there always looking for profitable invesment :) the reason are quite simple, they have to maintain their fortune!

just my 2 cent :)

I am very pleased with what MyFxBook has to offer. The reports are some of the best I have seen in the Forex market.

vijayinvites posted:
Thanks for the suggestions and feedback.

I duely noted your comments, yes the DD is currectly at 5% and i am OK till it reaches 20% of the account. I do not open trades with big lot sizes but with small lot sizes and try to get more pips to give good returns. For example for the account currently opens 0.08 lot size. a 1000 pip loss will give me 10% DD, that is still under control. Yes i do agree a company can manage it better as long as they have a solid entry and exit strategy. The stategry that doesnt have an exit will fail some day. My strategy does have an exit when markets goes against my favor. Anyways thanks for your words. Appreciated.

That is horrible. Your aiming for big lots, which in turns means you will settle for a big pip loss. That is counter productive don't you think?

Hello everyone
if you want to invest from $ 1,000 or € confidently go look at the following link explain the strategy and then the link to the customer that we manage for 4 months
http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=5&t=1448
95% full automatic. Technical basis. Windev + API to drive multiple MT4 sessions

http://www.myfxbook.com/members/Philippe_FxBook

we manage already 40,000 euro in total
if you want more info do not hesitate to email me
cordially
Hiroo59

HIROO59 posted:
Hello everyone
if you want to invest from $ 1,000 or € confidently go look at the following link explain the strategy and then the link to the customer that we manage for 4 months
http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=5&t=1448
95% full automatic. Technical basis. Windev + API to drive multiple MT4 sessions

http://www.myfxbook.com/members/Philippe_FxBook

we manage already 40,000 euro in total
if you want more info do not hesitate to email me
cordially
Hiroo59

Good results my friend. Although I believe in forex people should be turning 100% profit per month. Yet, as long as your making your clients money, then that is hat is important. Keep up the good work.

100% profit per month? 😲

deysmacro posted:
100% profit per month? 😲

Yes sir. Don't you think if we were consistent with the system we trade, that 100% should be a cake walk. I'm already up 51% this week.

Master_Kiwa posted:

deysmacro posted:
100% profit per month? 😲

Yes sir. Don't you think if we were consistent with the system we trade, that 100% should be a cake walk. I'm already up 51% this week.

Show me your verified mfb live account of the last two years with 100% growth per month and I'll stop trading on my own and shift all my capital over to you tomorrow...😝

I'm gonna step aside bout this matter. 😄

ForexPro posted:

Master_Kiwa posted:

deysmacro posted:
100% profit per month? 😲

Yes sir. Don't you think if we were consistent with the system we trade, that 100% should be a cake walk. I'm already up 51% this week.

Show me your verified mfb live account of the last two years with 100% growth per month and I'll stop trading on my own and shift all my capital over to you tomorrow...😝

Looks like I have a long way to go. Yet, if a person can do it in the short term, why couldn't they be able to do it in the long term. The only thing one lacks is consistency. Look at AU. Everyone has been buying the last 2 trading sessions and have been getting hammered. Instead of awaiting the correct setup they are wagering on emotions. Yet to get back to the topic at hand. Backtesting does help, because it shows how inconsistent we are as traders.

I see. Now, to convert those into EA. 😁

deysmacro posted:
I see. Now, to convert those into EA. 😁

lol. Why use the EA. you're taking the fun out of winning and losing. :p

Master_Kiwa posted:

deysmacro posted:
I see. Now, to convert those into EA. 😁

lol. Why use the EA. you're taking the fun out of winning and losing. :p

as long as you get emotions, like fun on losing😉 , you will not survive in this market