Basis Point Traders (Explorer Required) | Forex Factory

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Basis Point Traders (Explorer Required)

  • #1
  • First Post: Edited 2:27pm Aug 28, 2019 2:07pm | Edited 2:27pm
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
Be hopeful in a winning position, and fearful in a losing position.
  • #2
  • Aug 28, 2019 5:08pm Aug 28, 2019 5:08pm
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?
Be hopeful in a winning position, and fearful in a losing position.
  • #3
  • Jun 19, 2020 1:10am Jun 19, 2020 1:10am
Quoting Rag2RichesFX
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
  • #4
  • Jun 27, 2020 1:07pm Jun 27, 2020 1:07pm
Quoting Rag2RichesFX
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.
"No pain no gain"
  • #5
  • Oct 13, 2020 9:08pm Oct 13, 2020 9:08pm
Quoting Rag2RichesFX
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?


Whats this supposed to mean ?
  • #6
  • Oct 13, 2020 9:35pm Oct 13, 2020 9:35pm
Quoting Rag2RichesFX
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?

And how much is that ur willing to bet?
  • #7
  • Oct 14, 2020 11:16am Oct 14, 2020 11:16am
Quoting JBRolim
{quote} 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.
Sou brasileiro tbm irmão
  • #8
  • Oct 28, 2020 11:37am Oct 28, 2020 11:37am
Quoting Thiagot10
{quote} Sou brasileiro tbm irmão
It is important for regular individuals to follow the stock market. Even if not actively investing in the stock market, at least taking some interest in it is important. People tend not to connect how important it is to everyday life because of its impact on our economy. Watching it and following the trends can give people a gauge on where our economy has been, is, and possibly headed.
  • #9
  • Last Post: Oct 28, 2020 1:15pm Oct 28, 2020 1:15pm
Why bump a thread that is over a year old and the threadstarter is already no longer here?

Also, for you cheeky ones who gonna say I'm also bumping the thread...
I will tear the world apart for you.
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