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Demo FX Manager Challenge !!

DoubleTrap (ForexSeeker)
Jun 18 2010 at 17:44
814帖子
A client has come to your office and said he want an average profit of 10k income per month.
But he only can come out with 40k USD only and he needed 80k USD badly after 4 month for his wife operation.

Can you accept the reputation challenge being the top FX Manager in the world ?
Or you have to decline as is impossible to make 100% ROI in 4 month.

Your manager fee is Balance Account - 80k. Will you fail your client or become the top world FX Manager ?

Duration of Challenge : 1 July'10 till end of Oct'10.
Platform : Any comfortable with you.
Strategy : Any except Genius Scalping using price advance feed.
Winner: The top 10 highest manager fee earn.
Price : Reputation of Top Ten FX Manager.

Anyone interested to sign up the challenge ?

Information is Gold when come to organised.
Susan (susan88)
Jun 18 2010 at 18:02
12帖子
Interesting.....😐

pc8multifx (pc8multifx)
Jun 18 2010 at 18:43
879帖子
donnie (szdonnie)
Jun 19 2010 at 01:52
19帖子
where can we sign up?

safe,steady,excellent
DoubleTrap (ForexSeeker)
Jun 19 2010 at 04:42
814帖子
Just post your link of demo account link in this thread start on 1 July'10.

You can have few manager account that total invest fun is 40k USD.

There will be few part we can judge about.

1. How fast period you can earn net profit 40k for client.

2. What is your protection plan to safe guard the 40k profit.

3. Will you risk the total 80k in an extreme way to earn high manager fee?

4. Proposal your plan and strategy using to client.

The client normally will said this to you ' I want a safe return 80k after 4 month or earlier. Can you do it ? Write me your risk proposal '

For easy reference later search, we use the following account name code : FX-Challenge ( XXXXX )

Example if I want to setup 2 manage account,
1) FX-Challenge (Kill Bill 5) ;
2) FX-Challenge (Holly Grail)


Information is Gold when come to organised.
donnie (szdonnie)
Jun 19 2010 at 07:44
19帖子
You've so many systems. i think you are the champion.So you must be the most suitable man.

safe,steady,excellent
DoubleTrap (ForexSeeker)
Jun 19 2010 at 08:37
814帖子
Well you haven't seen the Master of Manual FX manager ?

He can simply boots up your ROI to 1312% in 3 month, while my FX challenge only request 100% ROI in 4 month.
https://www.myfxbook.com/members/Sniperforex/swing-trading/27414

Although it still having negative float and equity is 31k, is still 600% ROI in 3 month.


Information is Gold when come to organised.
Steve B (stevetrade)
Jun 19 2010 at 12:55
1415帖子
Wow, if you think a strategy that trades without a stop loss and is currently running at 44% equity is good then I feel for your clients.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
DoubleTrap (ForexSeeker)
Jun 19 2010 at 14:54
814帖子
Well, if you were investor and have 5k extra money sleeping in bank.

Will you chose a stable manager that give you 10% return with stop loss;

or a manger that give you 600% to 1000% ROI in 3 month without stop loss ?

You are the client, sure you can told the manager to close all trade now and earn 600%.

Information is Gold when come to organised.
Steve B (stevetrade)
Jun 19 2010 at 15:02
1415帖子
You are basing your decision on the figures in front of you and not the overall investment strategy.

There is no guarantee that the first trades your new investment manager places are the ones that never comes back into profit.

Take your money to the casino if you want this type of investment.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
DoubleTrap (ForexSeeker)
Jun 19 2010 at 15:34
814帖子
Well, you are correct, I'm haven't look into his trade yet.

Let see, 3 month only close 49 trade with all profit.
Which mean hold position till you win. ( Which most fundamental analysis tactic do )
Which is very bad for newbie or even me to do so, it will just easily blow account in a week.
Damn.. he survive 3 month like this,.. he is damn good... a professional gambler.
Open trade are private, so can not analysis anything.

Well as most investor no have knowledge of trading any sort, they only look at the ROI, draw down, floating.

Casino only give you a short term of entertainment, you might lose it just in matter of hours, but forex investment give you 3 month of continues gambling entertainment excitement.

That your capital ROI shoot up to 1000% winning and now down to 600% winning, so you can imagine the dramatic feeling gambling if Forex which is far more better gambling in Casino.

So hopefully Forex can save most people from going Casino just to lose over night; at lease he might lose it over few month with same amount of money in forex investment by hiring hit man, well if the client own self play forex will be same as in Casino.

Here another exciting manual trading profile. This one look better with some close trade on lose.
https://www.myfxbook.com/members/niko1312/niko1312/24424

Crazy average 6 month gain = 210.28%
Absolute gain only 690% net profit with equity 87.44% which also give you 603% ROI at the moment.

So the ROI gain is almost same with first profile, but double up the times.

So which profile you will chose if you were an investor with no knowledge on forex,
The first one 3 month give you 1000% ROI yet drop back to 600% ROI in 3 month; or
The 2nd one 6 month of steady average 200% gain but also give your ROI 600% after 6 month.

OR you prefer the EA FX manager trade by ROBOT that is also high gain high risk;
With 8 month of up and down average 100% gain per month which also give you around 800% ROI after 8 month?



Information is Gold when come to organised.
DoubleTrap (ForexSeeker)
Jun 20 2010 at 12:43
814帖子

Proposal of Risk setting in getting 100% ROI in 4 month.

Tactic 1: Using compound MM risk (KB5)

a) Fast Return High Gain High Risk Method.
 40k Account, using 50% Account RISK, which estimate have 50% ROI per month.
 
1st month : 40 k become 60k
2nd month : 60 k become 90k
3rd month : 90 k become 135k
4th month : 135 k become 202k
Manager fee will be 122k
Only if you are lucky where all 4 month is perfect.

b) One month of insurance being bad luck by only aiming 10k net profit from start.
1st month : 40 k become 50k
2nd month : 50 k become 60k
3rd month : 60 k become 70k
4th month : 70 k become 80k
Manager fee will be very little.
Advantage : Have one chance to fail out of 4 month
            The next month will have to use back tactic risk 50% of account.
Example :

1st month : 40 k become 30k (lose 10k)
2nd month : 30 k become 45k (Risk 50% Account)
3rd month : 45 k become 67.5k (Risk 50% Account)
4th month : 67.5k become 101k (Risk 50% Account)

1st month : 40 k become 50k (win 10k)
2nd month : 50 k become 40k (lose 10k)
3rd month : 40 k become 60k (Risk 50% Account)
4th month : 60 k become 90k (Risk 50% Account)

1st month : 40 k become 50k (win 10k)
2nd month : 50 k become 60k (win 10k)
3rd month : 60 k become 50k (lose 10k)
4th month : 50 k become 80k (Risk 60% Account)

1st month : 40 k become 50k (win 10k)
2nd month : 50 k become 60k (win 10k)
3rd month : 60 k become 70k (win 10k)
4th month : 70 k become 100k (Risk 50% Account so can close deal early )



Tactic 2: Using Multiple account to reduce Risk

20k Acc (KB5) with Tactic 1 :
1st month : 20 k become 30k
2nd month : 30 k become 45k
3rd month : 45 k become 67.5k
4th month : 67.5k become 101k
Manager fee will be 21k

10k Acc(FgZapper) : No testing record yet.
Hopefully earn 10k each month.

10k Acc (FXHacked) : Demo record 79 days earn 885% with 1k. Average 1 month gain 221%
Hopefully earn 20k each month.

Information is Gold when come to organised.
Mr Scalper (odiaerospace)
Jun 22 2010 at 08:37
22帖子

ForexSeeker posted:
    Well, you are correct, I'm haven't look into his trade yet.

Let see, 3 month only close 49 trade with all profit.
Which mean hold position till you win. ( Which most fundamental analysis tactic do )
Which is very bad for newbie or even me to do so, it will just easily blow account in a week.
Damn.. he survive 3 month like this,.. he is damn good... a professional gambler.
Open trade are private, so can not analysis anything.

Well as most investor no have knowledge of trading any sort, they only look at the ROI, draw down, floating.

Casino only give you a short term of entertainment, you might lose it just in matter of hours, but forex investment give you 3 month of continues gambling entertainment excitement.

That your capital ROI shoot up to 1000% winning and now down to 600% winning, so you can imagine the dramatic feeling gambling if Forex which is far more better gambling in Casino.

So hopefully Forex can save most people from going Casino just to lose over night; at lease he might lose it over few month with same amount of money in forex investment by hiring hit man, well if the client own self play forex will be same as in Casino.

Here another exciting manual trading profile. This one look better with some close trade on lose.
https://www.myfxbook.com/members/niko1312/niko1312/24424

Crazy average 6 month gain = 210.28%
Absolute gain only 690% net profit with equity 87.44% which also give you 603% ROI at the moment.

So the ROI gain is almost same with first profile, but double up the times.

So which profile you will chose if you were an investor with no knowledge on forex,
The first one 3 month give you 1000% ROI yet drop back to 600% ROI in 3 month; or
The 2nd one 6 month of steady average 200% gain but also give your ROI 600% after 6 month.

OR you prefer the EA FX manager trade by ROBOT that is also high gain high risk;
With 8 month of up and down average 100% gain per month which also give you around 800% ROI after 8 month?






  and when willm this competition start?

Never Place A Trade Without Stoploss
DoubleTrap (ForexSeeker)
Jun 22 2010 at 09:57
814帖子
1 July'10 till 31 Oct'10.

You can join in middle of the month.

The mission is to get balance 80k after 4 month and the extra balance will be your manager fee.

Information is Gold when come to organised.
winnie_the_roo
Jun 28 2010 at 12:53
24帖子
I love competitions, esp. doubling ......😁

DoubleTrap (ForexSeeker)
Jul 01 2010 at 05:04
814帖子
Here is my FX Challenge account.

Tactic 1a : Risk 50% of account and has to manually increase the risk every month.
https://www.myfxbook.com/members/ForexSeeker/fx-challenge-kb5-risk40/38532

Tactic 1b : Risk 10k of account and also manually adjust the result when necessary.
https://www.myfxbook.com/members/ForexSeeker/fx-challenge-kb5-risk20/38534

Information is Gold when come to organised.
DoubleTrap (ForexSeeker)
Jul 01 2010 at 16:32
814帖子
Fulltime247
Jul 01 2010 at 17:04
131帖子

ForexSeeker posted:
    1 July'10 till 31 Oct'10.

You can join in middle of the month.

The mission is to get balance 80k after 4 month and the extra balance will be your manager fee.


Cute challenge but ridiculous. If I took 40K to 81K in four months and my client only gave me 1K - I'd shoot him. 😇

It ain't easy being Cheesy!
pc8multifx (pc8multifx)
Jul 01 2010 at 17:14
879帖子
Fulltime247 posted:
    
ForexSeeker posted:
    1 July'10 till 31 Oct'10.

You can join in middle of the month.

The mission is to get balance 80k after 4 month and the extra balance will be your manager fee.


Cute challenge but ridiculous. If I took 40K to 81K in four months and my client only gave me 1K - I'd shoot him. 😇


LOL, but the worst case scenario is to gain him exactly 40K and than getting nothing...

DoubleTrap (ForexSeeker)
Jul 28 2010 at 05:09
814帖子
Update of Strategy Performance till 2 days more to final.

Strategy 1 : Risk 40.
The performance has drag down because 2 days of platform crash down where it can gain much profit.
ROI gain from July at the moment : +22.09%

Strategy 2: Risk 20.
This account is not so lucky compare to Risk40. As above account has more trade and more pip gain.
As said before even the same EA on same broker can have different trigger of trade for tight scalping.
ROI gain from July at the moment : -3.75%

Strategy 3 : Using 3 different account to reduce the risk not having all eggs in one basket.
                                 1) 20k Account of Kill Bill 5 : ROI +47.92% ($9584.52)
                                 2) 10k Account of FxHacked : ROI +103.16% ($10308.89)
                                 3) 10k Account of FgZapper : ROI +17.78% ($1778.46)
                                 Total gain of ROI over 40k investment = +54.18% ($21671.87)

So the Strategy 3 is the leading winner at the moment with ROI +54.18%.

Target to gain 100% ROI per month is still way out of target with current performance.


                     
                             

Information is Gold when come to organised.
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