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-   -   Basis Point Traders (Explorer Required) (https://www.forexfactory.com/thread/944301-basis-point-traders-explorer-required)

Rag2RichesFX Aug 28, 2019 3:07pm | Post# 1

Basis Point Traders (Explorer Required)
 
The reason I am starting this is to prove how few of you can actually make a profit, even when trading with solid risk management. It is also to perhaps trigger a light bulb moment in your head, so that you may become a profitable trader someday.

Looking for more cool names for ranks, please feel free to make a suggestion.


Nobody in the world makes more than 50 basis points a day over a period of 10+ years (some have done so with high leverage, but not for very long) so we should call our self basis point traders. In this thread we can discuss trading strategy and money management techniques, and trade setups as well.


Live explorer is required if you are going to post a trade. Monthly draw down cannot exceed 5% or you are disqualified.

I will be starting a new live account that my 10 year old son is going to trade. Starting with $5,000. Can you beat him?

I of course use a broker that is ideal and probably has much better spreads/commissions than yours, but he is a child with little LIVE experience.



Rules
1. Minimum deposit $1000
2. Peak to troth draw down cannot exceed 5%
3. Ranks will be given after 3 months of life explorer not breaking any rules


KEY/GLOSSARY
BPS = basis point

Ranks
(based on average daily return)

Just Getting Started +1 Bps
Better Than Your Bank +2 Bps
Pickin' Up Steam +3 Bps
Beatin' the Market +4 Bps
Professional +5 BPS
Johnny Blaze +6 BPS
Juggernaut +7 Bps
Knife Catcher +8 Bps
Prop Trader +9 Bps
Hedge Fund Manager +10 Bps

Rag2RichesFX Aug 28, 2019 6:08pm | Post# 2

I would be willing to make a bet that nobody can reach Hedge Fund Manager rank (which is ~30% returns per year -- only the best funds do that, most hedge funds suck honestly) while keeping peak to troth draw down below 5%

I could keep bumping this post for a year and nobody will be able to do it.

Anyone want to take that bet?

Thiagot10 Jun 19, 2020 2:10am | Post# 3

I would be willing to make a bet that nobody can reach Hedge Fund Manager rank (which is ~30% returns per year -- only the best funds do that, most hedge funds suck honestly) while keeping peak to troth draw down below 5% I could keep bumping this post for a year and nobody will be able to do it. Anyone want to take that bet?
hello I really admire you would you help me? please ! help me call in private

JBRolim Jun 27, 2020 2:07pm | Post# 4

I would be willing to make a bet that nobody can reach Hedge Fund Manager rank (which is ~30% returns per year -- only the best funds do that, most hedge funds suck honestly) while keeping peak to troth draw down below 5% I could keep bumping this post for a year and nobody will be able to do it. Anyone want to take that bet?


Hi Rag2RichesFX

Thank you for sharing your experienced business skills.

I'm from Brazil,
I'm starting my trade life.

I am willing to be a Hedge Fund Manager.


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