M1 Countertrend Scalping Strategy

Quoting fateh888

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{quote} so that i can manage more than 1 Million$ equity ... I know this trading place is shady but i am really trying to get myself into managing capital for investors like it is done in Firms .. I hope you understand I am trying to get myself in higher place Need good Guidance .. Not judgemental reply Thanks

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Quoting birdland

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{quote} i understand what you mean and its a way to get higher income. I no longer accept money to manage, as it has some drawbacks and my independence is more important to me. But from my past experience, I know that you need to demonstrate a track record spanning several years (at least one year with many ups and downs) to attract capital. Then investors start to take an interest, give you smaller sums, and as that grows, you receive larger ones. The profit share is usually between 20–25%, and you can charge a management fee of 1–2% per year....

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Quoting fateh888

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so i started a New live cent account to test out new pure countertrend trade strategy based on KOF EMA's and RSI .. From Jan 1 till now .. Have withdrawal 100% of my initial capital and Add little funds at every end of month to increase my trading equity Now I want to know am i ready to ask for investors to invest with me . I have demo this strategy for 6 month just recently done live forward trades .. I know this is not enough data but I actively trade on 1 min TF . So have taken more than 10,000 trades Till now FS. Screenshot of deposit/withdrawal...

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Quoting Polimini

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{quote} if you really made that much money since January you don't need anyone to give you a million dollars, google "compounding" and you will be managing millions by December. Also this method can go into severe negative values, even if for a while (see post above), and that's an immediate red flag for any investor/funded account. Mention how you trade or show how you trade, and they will run from you like the plague.

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Quoting Polimini

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{quote} if you really made that much money since January you don't need anyone to give you a million dollars, google "compounding" and you will be managing millions by December. Also this method can go into severe negative values, even if for a while (see post above), and that's an immediate red flag for any investor/funded account. Mention how you trade or show how you trade, and they will run from you like the plague.

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Quoting fateh888

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{quote} as i said it is cent account .. so this equal to 1100$ withdrawal . yeah . That is what i am concern about the counter trend trade system in which no Hard SL is used only mental SL . when i feel things not in my favour i closed a big chunk of loss .. then remake it back and then start withdraw profits above deposit funds

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Quoting Polimini

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{quote} if you really made that much money since January you don't need anyone to give you a million dollars, google "compounding" and you will be managing millions by December. Also this method can go into severe negative values, even if for a while (see post above), and that's an immediate red flag for any investor/funded account. Mention how you trade or show how you trade, and they will run from you like the plague.

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Quoting JackintheBox

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{quote} Welll... it depends... It depends on drawdown vs. reward. That is the important number for investors. If you make 100% but the drawdown was 40% than it was not good. Good traders (top 5000 in the world) are able to make at least 1:6, so for 1% risk you earn 6% which means: on 100% your drawdown is not allowed to be more than 16.6%. That is the benchmark, not the % you make.

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Quoting fateh888

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{quote} This is little confusing to understand . should i share my stats here for you to evaluate ?

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Quoting JackintheBox

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{quote} Yes, If you want to. Would be awesome to see it.

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