How to trade with $ 300k on the forex market
Jul 20, 2014 zamanından beri üye
8 iletiler
Jul 22, 2014 at 07:15
Dear Traders
I have been looking into the forex market a bit using some demo accounts and reading a lot soaking up info. Now the next step is I am curious about your opinion:
My plan was to start investing some money in a trading account on the forx market, using only automated EA systems. It goes without saying for me, that before I invest real money I will test them thruougly over an extended period of time (several month).
Now since I have roughly 300k to invest I am not looking for strategies with crazy returns or fast money making promises. My goal would be to find an automated trading system, that beats my yearly performance I have since 5 years on the stock market (average of about 15% a year) without me having to do all the hard work.
How would you go about this idea? I mean keeping in mind that for my personal preference 15% of interest each year would already be amazing and probably a goal I would stick with.
Looking forward to your ideas
Thank you
Manuel
I have been looking into the forex market a bit using some demo accounts and reading a lot soaking up info. Now the next step is I am curious about your opinion:
My plan was to start investing some money in a trading account on the forx market, using only automated EA systems. It goes without saying for me, that before I invest real money I will test them thruougly over an extended period of time (several month).
Now since I have roughly 300k to invest I am not looking for strategies with crazy returns or fast money making promises. My goal would be to find an automated trading system, that beats my yearly performance I have since 5 years on the stock market (average of about 15% a year) without me having to do all the hard work.
How would you go about this idea? I mean keeping in mind that for my personal preference 15% of interest each year would already be amazing and probably a goal I would stick with.
Looking forward to your ideas
Thank you
Manuel
forex_trader_25447
Dec 21, 2010 zamanından beri üye
131 iletiler
Jul 22, 2014 at 08:03
If someone sell some EA, this EA definitely have some disadvantage.
Good Experts are not for sale, they are for personal use,
like 'copy trade' or PAMM/MAM- accont.
My advice is : don't buy expert,
find someone who have create expert, and let hit to trade for you.
Good Experts are not for sale, they are for personal use,
like 'copy trade' or PAMM/MAM- accont.
My advice is : don't buy expert,
find someone who have create expert, and let hit to trade for you.
Jun 09, 2013 zamanından beri üye
92 iletiler
Jul 23, 2014 at 19:22
StoneHeart posted:
If someone sell some EA, this EA definitely have some disadvantage.
Good Experts are not for sale, they are for personal use,
like 'copy trade' or PAMM/MAM- accont.
My advice is : don't buy expert,
find someone who have create expert, and let hit to trade for you.
Good experts are for sale, and they not cost a much.
Why?
Because developer has earned a lot by EA and selling it- this is not a main income.
It's just cover server rent and reward all this time which were spend by responding emails helping others...
Stable 20% per month without manual intervention...
forex_trader_43716
Aug 06, 2011 zamanından beri üye
345 iletiler
Jul 30, 2014 at 21:43
Here's another potential FX investor about to blow 300k using an EA. Good luck! 😎
Jul 20, 2014 zamanından beri üye
8 iletiler
Jul 31, 2014 at 09:02
Ill keep you posted gary ;)
Jul 20, 2014 zamanından beri üye
8 iletiler
Jul 31, 2014 at 09:02
@TheFX4You do you know of some good EA that you would suggest so I can test them for a month on my demo setup?
Nov 20, 2013 zamanından beri üye
11 iletiler
Jul 31, 2014 at 19:47
with your capital.. and only needing 15 per year you can use martingale ea and profit all the time :)
Automation Eliminates Psychological barriers to profittable trading
Nov 20, 2013 zamanından beri üye
11 iletiler
Jul 31, 2014 at 20:13
i used martingale 3 days... no thinking too much
Automation Eliminates Psychological barriers to profittable trading
May 26, 2014 zamanından beri üye
9 iletiler
Jul 31, 2014 at 20:14
You could try talking to a trader who uses a discretionary system which has demonstrable results and work with them to develop the EA.
Jul 01, 2012 zamanından beri üye
30 iletiler
Aug 01, 2014 at 09:46
buy euros ..36 мауве
nothing is impossible
Jun 09, 2014 zamanından beri üye
138 iletiler
Aug 01, 2014 at 09:46
Here's a question. Why would you not invest in something else that has a better potential gain AND a tax write off. For example, while doing this in my spare time, I am also a movie producer and director (actor too). We just made an entire film for $270,000 (in Eastern Europe, where its MUCH cheaper for pretty much everything) and those films make money. Not a hell of a lot, but most of them are are least 175% returns, depending on if you partner with the right company. Plus, the turnover is usually less than 8 months, and the entire thing can be a tax writeoff in a worst case scenario (which I haven't heard of happening in many years).
There are all sorts of opportunities like that out there. Using 300k on an EA doesn't strike me as the best use of your money.
There are all sorts of opportunities like that out there. Using 300k on an EA doesn't strike me as the best use of your money.
Jul 20, 2014 zamanından beri üye
8 iletiler
Aug 01, 2014 at 11:32
1. I want to find a way to have an automated EA trade for me, meaning I monitor it several times a day to make sure everything is going fine but other than that I dont have to invest a lot of time into it.
2. I dont want to put the whole 300k (or most of it) onto one thing, be that EA, movie, building or any other kind of investment. I would use 3-5 different EAs and split up the money. This way if one thing goes south I lose a part of my investment, not all of it. Im sure that most of the movies you talk of are worth the investment, but what if I happen to invest in one that flops? my 300k are gone in one instance ;)
2. I dont want to put the whole 300k (or most of it) onto one thing, be that EA, movie, building or any other kind of investment. I would use 3-5 different EAs and split up the money. This way if one thing goes south I lose a part of my investment, not all of it. Im sure that most of the movies you talk of are worth the investment, but what if I happen to invest in one that flops? my 300k are gone in one instance ;)
Jun 09, 2013 zamanından beri üye
92 iletiler
Aug 01, 2014 at 12:34
Eightbitpwny posted:
1. I want to find a way to have an automated EA trade for me, meaning I monitor it several times a day to make sure everything is going fine but other than that I dont have to invest a lot of time into it.
2. I dont want to put the whole 300k (or most of it) onto one thing, be that EA, movie, building or any other kind of investment. I would use 3-5 different EAs and split up the money. This way if one thing goes south I lose a part of my investment, not all of it. Im sure that most of the movies you talk of are worth the investment, but what if I happen to invest in one that flops? my 300k are gone in one instance ;)
I agree with you.
I am also not investing only into one thing.
For me it's trading for my self, managing PAMM, EA trading.. This is my life stile, and my full time day job.
Stable 20% per month without manual intervention...
May 26, 2014 zamanından beri üye
9 iletiler
Aug 01, 2014 at 15:03
If you look at my profile - I made 150% since Feb this year (6 months) starting with approx $25,000. 94% of my trades go to profit. Why would I do anything else?
Feb 10, 2013 zamanından beri üye
5 iletiler
Aug 02, 2014 at 14:29
wow tony, you be a very talented traders, I personally never consider using the EA, because I prefer to keep that control. but I consider the fact that in the coming weeks.
usd/eur
Jun 09, 2014 zamanından beri üye
138 iletiler
Aug 04, 2014 at 06:43
Tony- using EA's? Or manually controlling everything?
May 26, 2014 zamanından beri üye
9 iletiler
Aug 04, 2014 at 08:15
I calculate the high and low of the next days trading and take positions accordingly. It is all done by excel spreadsheets and manual trades at present. It could be automated.
Feb 22, 2011 zamanından beri üye
4862 iletiler
Aug 05, 2014 at 19:55
Eightbitpwny posted:@Eightbitpwny
Dear Traders
I have been looking into the forex market a bit using some demo accounts and reading a lot soaking up info. Now the next step is I am curious about your opinion:
My plan was to start investing some money in a trading account on the forx market, using only automated EA systems. It goes without saying for me, that before I invest real money I will test them thruougly over an extended period of time (several month).
Now since I have roughly 300k to invest I am not looking for strategies with crazy returns or fast money making promises. My goal would be to find an automated trading system, that beats my yearly performance I have since 5 years on the stock market (average of about 15% a year) without me having to do all the hard work.
How would you go about this idea? I mean keeping in mind that for my personal preference 15% of interest each year would already be amazing and probably a goal I would stick with.
Looking forward to your ideas
Thank you
Manuel
Hi Manuel,
for your case I would suggest to create portfolio of best performing strategies/signals and run them on the account with low lot sizes.
Thus you should be able to sustain high DD on 1 or more systems while still making moderate profit.
My point is that if you select different strategies/pairs then it is unlikely to see the DD spike at the same time while the profit counts together all the time.
BR
Tomas
Jul 29, 2013 zamanından beri üye
8 iletiler
Aug 15, 2014 at 16:58
Hi mate,
Use 1:1 leverage and just follow 2 central banks. you will make those returns easy over a year.
Use 1:1 leverage and just follow 2 central banks. you will make those returns easy over a year.
Oct 31, 2013 zamanından beri üye
98 iletiler
Aug 15, 2014 at 18:45
tonysfx posted:
If you look at my profile - I made 150% since Feb this year (6 months) starting with approx $25,000. 94% of my trades go to profit. Why would I do anything else?
you are using martingale on eurjpy .good bless you
A trader can be an economist but an economist could never be a trader. They are too theoretical.
