I am playing the role of a middle man in arranging capital partners and traders who have the ability and temperament to trade but lack funds.
I have lined up a group of capital providers from the emerging markets where fx trading is not allowed because of exchange controls and they are looking for experienced traders to trade on their nominee accounts.
No fx education will be provided nor any training fees will be asked for.
That's why traders have to prove their credentials by showing proof of having been Ff member for at least one year and are required to conduct 3 months demo trading. The records have to be maintained in Trading Explorer of FF.
Who will get the capital and how much?
1. Traders who can follow their systems consistently -30 per cent of nett trading profits in the first week of every month.
2. Analysts who can analyse just four pairs (to be assigned ) and write maximum of 500 words or less and capable of using MT4 or MT5 charts to show their projections and predictions. The trades will be based on their predictions.They will have to post on a designated FF thread their analysis on a daily basis for 3 months. Will get 10% nett.
3. Money Managers have to have programming background. They are expected to control the accounts remotely and prevent losses. They will have access to a few groups of traders accounts and will be free to stop their trades and scrutinize traders money management plan dynamically. Every day they are expected to post a hypothetical emergency money management plan in 300 words for the education of the traders so they don't get caught unawares (except for Swan Duck events). Will get 20% nett.
Eligibility
Traders
.
* Show 400 pips every month profit for 3 months consecutively.
* Can not have more than 2 positions open at any time. No restrictions as to opening trades and closing with profit.
* Can trade any 2 symbols of their choice during the entire 3 months. Pairs selected on the first day of trading will be treated as final.
* Capital providers will be following FF blog and no private emails should be sent to me.
* Transparency has to be maintained and those talking of secret systems or EAs will not be entertained.
* Traders should check analysis before trading. If strategy doesn't not involve volatility trading, the rationale for trading, probability of duration of the trade , TP and Stop Loss, lots management - all should be communicated in advance before the fact.
Must be able to explain the trading strategy and the money management plan.
Trading strategy should be simple and not based on any indicators except those which they think have some predictive value. Study tools as indicators are welcome.
Charts should be used to explain the strategy and setup.
*Use of EAs to trade and control losses is required.
This is a community forum intended to help all the readers . By publishing the strategy and revealing his trading tactics, the trader is expected to show how secure he/she feels.
I am always available to respond to your queries.
Updated 2 October 2017
Those interested in getting trading capital account eligibility test have to set up through their Profile Setting:
1. Trading Explorer
2. Trading Journal to post their strategies, trading tactics etc.
And post the links on the this thread the link for TE and Trading Journal. No PMs please
When all the trading rules have been conveyed to me by the capital providers I will post on this thread.
I have lined up a group of capital providers from the emerging markets where fx trading is not allowed because of exchange controls and they are looking for experienced traders to trade on their nominee accounts.
No fx education will be provided nor any training fees will be asked for.
That's why traders have to prove their credentials by showing proof of having been Ff member for at least one year and are required to conduct 3 months demo trading. The records have to be maintained in Trading Explorer of FF.
Who will get the capital and how much?
1. Traders who can follow their systems consistently -30 per cent of nett trading profits in the first week of every month.
2. Analysts who can analyse just four pairs (to be assigned ) and write maximum of 500 words or less and capable of using MT4 or MT5 charts to show their projections and predictions. The trades will be based on their predictions.They will have to post on a designated FF thread their analysis on a daily basis for 3 months. Will get 10% nett.
3. Money Managers have to have programming background. They are expected to control the accounts remotely and prevent losses. They will have access to a few groups of traders accounts and will be free to stop their trades and scrutinize traders money management plan dynamically. Every day they are expected to post a hypothetical emergency money management plan in 300 words for the education of the traders so they don't get caught unawares (except for Swan Duck events). Will get 20% nett.
Eligibility
Traders
.
* Show 400 pips every month profit for 3 months consecutively.
* Can not have more than 2 positions open at any time. No restrictions as to opening trades and closing with profit.
* Can trade any 2 symbols of their choice during the entire 3 months. Pairs selected on the first day of trading will be treated as final.
* Capital providers will be following FF blog and no private emails should be sent to me.
* Transparency has to be maintained and those talking of secret systems or EAs will not be entertained.
* Traders should check analysis before trading. If strategy doesn't not involve volatility trading, the rationale for trading, probability of duration of the trade , TP and Stop Loss, lots management - all should be communicated in advance before the fact.
Must be able to explain the trading strategy and the money management plan.
Trading strategy should be simple and not based on any indicators except those which they think have some predictive value. Study tools as indicators are welcome.
Charts should be used to explain the strategy and setup.
*Use of EAs to trade and control losses is required.
This is a community forum intended to help all the readers . By publishing the strategy and revealing his trading tactics, the trader is expected to show how secure he/she feels.
I am always available to respond to your queries.
Updated 2 October 2017
Those interested in getting trading capital account eligibility test have to set up through their Profile Setting:
1. Trading Explorer
2. Trading Journal to post their strategies, trading tactics etc.
And post the links on the this thread the link for TE and Trading Journal. No PMs please
When all the trading rules have been conveyed to me by the capital providers I will post on this thread.
Attached Images
Practice makes a person perfect