I am offering any successful trader willing to trade my LIVE account. I have the following conditions:
1) You need to provide me track record of 6 months of your system. This should give me details of average daily and average weekly returns. This should also give me details of maximum drawdowns.
2) If I find everything in Point 1 to my satisfaction...I will create a DEMO account which you will trade for 2 weeks. I want to witness same/similar results on the DEMO account for 2 weeks.
3) If all goes well here...I will open LIVE account (account balance as per schedule) and you can start trading. I will be sending you 50% of profits to you at the end of every week.
4) At any point if either of us not happy with this arrangement, either of us are free to end this arrangement at any point. All open trades will be closed at this point and 50% of existing profits will be sent to you.
5) I will not be investing all 20K on the first day after 2 weeks of DEMO. I will invest it based on the following schedule. I mean after 2 weeks of DEMO, I will invest $100 the first week and each week I will gradually add more capital if all goes well.
Schedule of investing each week starting from Week 1. By end of around 22 weeks I will be invested total of $20K
$ 100.00
$ 200.00
$ 500.00
$ 750.00
$ 1,000.00
$ 1,500.00
$ 2,000.00
$ 2,500.00
$ 3,000.00
$ 3,500.00
$ 4,000.00
$ 4,500.00
$ 5,000.00
$ 6,000.00
$ 7,000.00
$ 8,000.00
$ 9,000.00
$ 10,000.00
$ 12,000.00
$ 14,000.00
$ 16,000.00
$ 18,000.00
$ 20,000.00
1) You need to provide me track record of 6 months of your system. This should give me details of average daily and average weekly returns. This should also give me details of maximum drawdowns.
2) If I find everything in Point 1 to my satisfaction...I will create a DEMO account which you will trade for 2 weeks. I want to witness same/similar results on the DEMO account for 2 weeks.
3) If all goes well here...I will open LIVE account (account balance as per schedule) and you can start trading. I will be sending you 50% of profits to you at the end of every week.
4) At any point if either of us not happy with this arrangement, either of us are free to end this arrangement at any point. All open trades will be closed at this point and 50% of existing profits will be sent to you.
5) I will not be investing all 20K on the first day after 2 weeks of DEMO. I will invest it based on the following schedule. I mean after 2 weeks of DEMO, I will invest $100 the first week and each week I will gradually add more capital if all goes well.
Schedule of investing each week starting from Week 1. By end of around 22 weeks I will be invested total of $20K
$ 100.00
$ 200.00
$ 500.00
$ 750.00
$ 1,000.00
$ 1,500.00
$ 2,000.00
$ 2,500.00
$ 3,000.00
$ 3,500.00
$ 4,000.00
$ 4,500.00
$ 5,000.00
$ 6,000.00
$ 7,000.00
$ 8,000.00
$ 9,000.00
$ 10,000.00
$ 12,000.00
$ 14,000.00
$ 16,000.00
$ 18,000.00
$ 20,000.00