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Forex Profit... Im sorry but... (10% per month?) 114 replies

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  • #441
  • Jul 12, 2019 8:32pm Jul 12, 2019 8:32pm
Quoting josephcom
Before you bombard me with criticism, I'm gonna ask you show me ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. Please don't make a mess saying stories/jokes/... You either show us a proof or don't say anything at all.
Does this count also? Even though this guy is on demo he has funding of over $1.5 million from followers. I think he's been trading over three years.
https://www.zulutrade.com/trader/334440/trading?t=10000
  • #442
  • Jul 12, 2019 8:36pm Jul 12, 2019 8:36pm
Quoting josephcom
Before you bombard me with criticism, I'm gonna ask you show me ONE SINGLE REAL ACCOUNT which has been profitable IN THE PAST THREE YEARS. Please don't make a mess saying stories/jokes/... You either show us a proof or don't say anything at all.
That last one i posted was on demo with live funding.. this one is on real account with over $1 million in funding.. does this count?

https://www.zulutrade.com/trader/342249/trading?t=10000
  • #443
  • Jul 12, 2019 8:48pm Jul 12, 2019 8:48pm
Quoting josephcom
{quote} Next time, take a closer look to those, so called, successful traders in MyFxbMyF etc. They are actually EA sellers. Some of those EAs are sold for 2000$. If you can buy a server and server-side version of MT4 on it (for as cheap as $20k), you can literally make up trading history as you like. Some people (working in Brokers) don't even need that. This is just ONE approach. I would tell you about programming tricks of I had enough time.
Hmm wow can that actually be possible. If it is then then no trading system is actuary safe to trade with in the long run since other high privileged people can still have access to our trading systems..
Quantitative Algorithmic King
Angel MichealBot (Old v1) All Time Return: 2,489.8%
  • #444
  • Jul 12, 2019 11:15pm Jul 12, 2019 11:15pm
Quoting allinazi
{quote} HOW DO YOU WANT ME TO PROVE TO YOU THAT THEY ARE NOT MY FAMILY FRIENDS? what do i need to do show you this ? you want me to show you all the mt4 accounts? would that help? none of them want to take money out, its a long term investment, they have jobs they dont need the money. they have spare capital lying around instead of giving it to a bank that will give them less than 1% per year they invested with me
I just said my thoughts, I never ask you to prove it, even if that is true, it is private.

Still you have not answered, 1% a year guaranteed is better than losing money.
LDFX Trading Ltd
  • #445
  • Jul 12, 2019 11:17pm Jul 12, 2019 11:17pm
Quoting allinazi
{quote} all the agreements have been for a year with a max draw down on the account thats how i work it
That is why I say it must be family or friends because it is the worse kind of agreement possible in term of investment.
LDFX Trading Ltd
  • #446
  • Jul 12, 2019 11:38pm Jul 12, 2019 11:38pm
Quoting LDFX
{quote} I just said my thoughts, I never ask you to prove it, even if that is true, it is private. Still you have not answered, 1% a year guaranteed is better than losing money.

How are they losing money?

Do you think you can go through out the whole year without losing money? Or go through a drawdown?

last year more hedge funds closed down than opened. What does that tell you?

The thing is you have no experience, you trade demo with a stupid sized account which makes no sense and until you go through real emotions you will
never be a trader
  • #447
  • Jul 12, 2019 11:42pm Jul 12, 2019 11:42pm
Quoting LDFX
{quote} That is why I say it must be family or friends because it is the worse kind of agreement possible in term of investment.

No no really in your head an agreement should be what you think it is. In reality when you trade for serious people they don’t want to take money out monthly for them once a year if even that is good.

My trading account is the same I have no interest in taking money out jisy build it up and see where I get to and then when your making a decent amount per month then take soemthing out
  • #448
  • Jul 12, 2019 11:44pm Jul 12, 2019 11:44pm
Quoting LDFX
{quote} That is why I say it must be family or friends because it is the worse kind of agreement possible in term of investment.
I think it's regular kind of agreement....not the "worse" kind..

Getting Out
Because there are no regulations governing the withdrawal provisions of hedge funds and because each hedge fund is unique, investors need to review the private placement memorandum and organizational documents to determine how quickly they can exit the fund. Investors should look for provisions that allow managers to slow the payment of redemption proceeds and the notice mechanics for withdrawal.
There are generally four different types of provisions in hedge-fund documents that can slow down the withdrawal of cash. First is what's called a "lock-up." Often, hedge funds will have a period from initial investment over which no withdrawal is permitted by the particular investor. This period is called a lock-up and is generally between one and two years but can be as long as four years and acts as a prohibition against withdrawals. The only way to get around this restriction is through manager consent, which is rarely given.
The next type of limitation on withdrawals is called a "gate." A gate allows a manager to restrict redemptions above a certain percentage of the fund's assets. For example, a common gate will restrict the total amount to be paid by the fund at any withdrawal period to 20% of the fund's assets. Therefore, if investors turn in redemptions on any particular redemption date for 25% of the fund's assets, investors entitled to withdraw will only receive their pro rata portion of the 20% amount. Remember, this limitation works even if you are past your applicable lock-up period.
Third, there may be other provisions in the organizational documents of hedge funds allowing the manager to take reserves if it believes there may be some liabilities in the future. These types of provisions generally allow the manager to retain an appropriate amount of cash to settle these potential future liabilities. Investors will only get their reserved cash when the potential liability has been extinguished.
Finally, some hedge funds provide for what are called "side pockets." Side pockets are a mechanism whereby illiquid securities that cannot be valued are put aside until the security is sold or can be valued. These types of provisions protect the manager from having to guess the value of such securities each time the portfolio needs to be valued. However, if there are side pockets when you try to redeem out of the fund the manager is not required to pay you your pro rata portion of the side pocket until such side pocket is sold or can be easily valued. Therefore, you may not see the cash attributable to such side pocket for months or even years after your redemption.
Finally, it is important to know the actual redemption mechanics for the hedge fund you have invested in. Does the hedge fund permit monthly, quarterly, semi-annual or yearly withdrawals? In addition, you should review the offering documents to determine when you need to notify the manager of a withdrawal so that you can get redemption on time. Notice of withdrawal may be as little as a few days or as long as 90 days prior to the withdrawal date.
  • #449
  • Jul 12, 2019 11:50pm Jul 12, 2019 11:50pm
[quote=DojiSan;12380513]{quote} I think it's regular kind of agreement....not the "worse" kind.. Getting Out Because there are no regulations governing the withdrawal investors important to know the actual redemption mechanics for the hedge fund you have invested in. Does the hedge fund permit monthly, quarterly, semi-annual or yearly withdrawals?

thanks for that doji. I did tel him few days ago to go look
up what locked up meant but I highly doubt he did.
my agreements with my clients are the same I only take commissions when they can take withdrawals and all accounts have a max drawdown and that’s it.

as you know yourself this is very tough industry and one will go through drawdowns months of not making money to think it’s plain sailing and that won’t happen means one has no idea about trading
  • #450
  • Jul 12, 2019 11:53pm Jul 12, 2019 11:53pm
Quoting allinazi
{quote} How are they losing money? Do you think you can go through out the whole year without losing money? Or go through a drawdown? last year more hedge funds closed down than opened. What does that tell you? The thing is you have no experience, you trade demo with a stupid sized account which makes no sense and until you go through real emotions you will never be a trader

It is easy to lose money, you just said that many hedge fund closed the year in negative...

Oh yes, I trade since 11 years and have never ever been through real emotions, how could I, it is probably exclusive to Allinazi.

My experience actually does not matter at all, trading without stop is a recipe for failure, period.
LDFX Trading Ltd
  • #451
  • Jul 12, 2019 11:56pm Jul 12, 2019 11:56pm
Quoting DojiSan
{quote} I think it's regular kind of agreement....not the "worse" kind.. Getting Out Because there are no regulations governing the withdrawal provisions of hedge funds and because each hedge fund is unique, investors need to review the private placement memorandum and organizational documents to determine how quickly they can exit the fund. Investors should look for provisions that allow managers to slow the payment of redemption proceeds and the notice mechanics for withdrawal. There are generally four different types of provisions in hedge-fund...

Dude, come on,

we are talking about an amateur trader with 5k on FF, not a multi million hedge fund.

The most popular way to attarct investors for amateurs is social trading, and in no way your investment is locked, a good example is those you showed us on zulutrade and myfxbook, so compare what is.
LDFX Trading Ltd
  • #452
  • Jul 12, 2019 11:56pm Jul 12, 2019 11:56pm
Quoting LDFX
{quote} It is easy to lose money, you just said that many hedge fund closed the year in negative... Oh yes, I trade since 11 years and have never ever been through real emotions, how could I, it is probably exclusive to Allinazi. My experience actually does not matter at all, trading without stop is a recipe for failure, period.


Ooo now he changed to something else

dude i I have had this live account for 6 months

its up over 27% I have rarely used a stop

you say 11 years and title and title of this post just means YOU WERE NOT ABLE TO MAKE money ,
maybe you need to change the way you trade

the point being is about survival, some people can trade without a stop some can’t. You can’t do either
  • #453
  • Jul 12, 2019 11:57pm Jul 12, 2019 11:57pm
Quoting allinazi
Quoting DojiSan
{quote} I think it's regular kind of agreement....not the "worse" kind.. Getting Out Because there are no regulations governing the withdrawal investors important to know the actual redemption mechanics for the hedge fund you have invested in. Does the hedge fund permit monthly, quarterly, semi-annual or yearly withdrawals? thanks for that doji. I did tel him few days ago to go look up what locked up meant but I highly doubt he did. my agreements with my clients are the same I only take commissions when they can take withdrawals
...
You are totally out of context.
LDFX Trading Ltd
  • #454
  • Jul 12, 2019 11:58pm Jul 12, 2019 11:58pm
Quoting allinazi
{quote} Ooo now he changed to something else dude i I have had this live account for 6 months its up over 27% I have rarely used a stop you say 11 years and title and title of this post just means YOU WERE NOT ABLE TO MAKE money , maybe you need to change the way you trade the point being is about survival, some people can trade without a stop some can’t. You can’t do both
Where did I say that I was not able to make money ?

6 months dude is nothing, and how much is your equity now ?

You clearly have not understood the most basic of trading which is risk, it is not how high you get, it is how you get there.

You will understand it the hard way is all, this tells me you do not have much experience.
LDFX Trading Ltd
  • #455
  • Jul 13, 2019 12:02am Jul 13, 2019 12:02am
Quoting LDFX
{quote} Where did I say that I was not able to make money ? 6 months dude is nothing, and how much is your equity now ? You clearly have not understood the most basic of trading which is risk, it is not how high you get, it is how you get there. You will understand it the hard way is all, this tells me you do not have much experience.

first is was no stops you had issue with

then my equity

then my clients and how they were just family friends which is wrong

back stops

hahaha cycle continues

below is myfxbook with out using stops and tbh im
happy way things are going and every month I will keep u updated on my progress and see what happens if I fail then I fail
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DFD68ACF-6194-47FB-864F-DC220F354837.jpeg Size: 320 KB
Click to Enlarge Name: 5D2A9F3B-92C5-403D-B8BF-0A23AB92C14F.jpeg Size: 168 KB
  • #456
  • Jul 13, 2019 12:03am Jul 13, 2019 12:03am
Do not get me wrong guys, I think it is totally possible to make money.

Just that without stop and or martingales won't make it, their profit is njust mortgage, an illusional profit.
LDFX Trading Ltd
  • #457
  • Jul 13, 2019 12:06am Jul 13, 2019 12:06am
Quoting LDFX
Do not get me wrong guys, I think it is totally possible to make money. Just that without stop and or martingales won't make it, their profit is njust mortgage, an illusional profit.

Haahhaha no maritngale here dude all trade sizes are virtually the same go check the history
  • #458
  • Jul 13, 2019 12:07am Jul 13, 2019 12:07am
Quoting allinazi
{quote} first is was no stops you had issue with then my equity then my clients and how they were just family friends which is wrong back stops hahaha cycle continues {image} {image}
Your chart shows it, the divergence between your equity and balance shows it all, and that you do not use stop is even more freightening.

I can not understand why no one on this forum is backing me up, if traders don't understand risk then it is no wonder why this thread is called so...
LDFX Trading Ltd
  • #459
  • Jul 13, 2019 12:09am Jul 13, 2019 12:09am
Quoting LDFX
{quote} Your chart shows it, the divergence between your equity and balance shows it all, and that you do not use stop is even more freightening. I can not understand why no one on this forum is backing me up, if traders don't understand risk then it is no wonder why this thread is called so...

No one is backing you up because you unrealistic expectations

and I’m backing everything up with live YES LIVE account.

i told you this before until you open a real account no
one cares what a demo trader has to say
  • #460
  • Jul 13, 2019 12:12am Jul 13, 2019 12:12am
Quoting allinazi
{quote} Haahhaha no maritngale here dude all trade sizes are virtually the same go check the history
I said and / or, by which I mean with or without martingale.

But please add a screenshot of your trade list and explain why taking many trades of the same currency the sameday, that also varies from 0.05 to 0.15 ?

Also why hiding your open trades ?
LDFX Trading Ltd
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