Any Extremely Profitable Systems? | Forex Factory

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Any Extremely Profitable Systems?

  • #1
  • First Post: Jan 27, 2010 11:47am Jan 27, 2010 11:47am
I have recently became a hedge fund manager and been trading my forex systems as usual. However, we just received a new client who wants us to trade a ridiculous amount of funds by the end of February. However, he has unrealistic expectations (requiring 50 to 100 percent in returns per month).

I was just wondering if anybody knows a trading system that yields high consistent profits like this (without major drawdown). He claims that these systems are out there; but now he's just diversifying just in case one of the other ones takes a turn for the worst.

Thanks!
  • #2
  • Jan 27, 2010 12:08pm Jan 27, 2010 12:08pm
Quoting FX Prophet
I have recently became a hedge fund manager and been trading my forex systems as usual....
They do exist as my banks trading floor uses various internally written market pattern recognition software.

Scoobs.
  • #3
  • Jan 27, 2010 12:20pm Jan 27, 2010 12:20pm
Quoting FX Prophet
I have recently became a hedge fund manager and been trading my forex systems as usual....
Talk with me, please. May be I could give you a profitable idea.
E-mail: [email protected]

Kindest regards
  • #4
  • Jan 27, 2010 12:30pm Jan 27, 2010 12:30pm
Quoting scooby-doo
They do exist as my banks trading floor uses various internally written market pattern recognition software.

Scoobs.
And they produce "...50 to 100 percent in returns per month..."? Seriously?
  • #5
  • Jan 27, 2010 12:37pm Jan 27, 2010 12:37pm
Quoting pipmutt
And they produce "...50 to 100 percent in returns per month..."? Seriously?
Yes

But they are not fully automated.

It gives buy/sell/close signals to the currency trader who then decides to agree or disagree with its advice.

Fully automated systems dont exist that can make those kind of returns consistently.

Thats what human traders are paid for.

Scoobs.
  • #6
  • Jan 27, 2010 1:06pm Jan 27, 2010 1:06pm
I didn't know hedge fund managers posted on forums for advice
  • #7
  • Jan 27, 2010 1:07pm Jan 27, 2010 1:07pm
There's two statements in this thread that I don't believe, see if you can guess which ones!
  • #8
  • Jan 27, 2010 1:11pm Jan 27, 2010 1:11pm
My favorite part of this thread is the Hedge Fund owner whose favorite book is 'Forex made easy', you just couldn't make this shit up...
The breaking of a wave cannot explain the whole sea.
  • #9
  • Jan 27, 2010 1:12pm Jan 27, 2010 1:12pm
Quoting smittens4212
There's two statements in this thread that I don't believe, see if you can guess which ones!
Even as a novice, I can guess!!
  • #10
  • Jan 27, 2010 1:21pm Jan 27, 2010 1:21pm
Quoting FX Prophet
I have recently became a hedge fund manager and been trading my forex systems as usual....
Tell him this...

FX is a business... not a lottery ticket.

I have very low drawdowns (like 2% for the last three months) but I'm realistic about gains and trading over 1% on any given trade is gambling.

By the way... those gains have NEVER been accomplished over a long period of time in the history of trading.

Currency trading has created a lot of myths and this is one of them.

Win small... day after day and you'll win in the long run.

Educate your investors and life will be much easier. (As a matter of fact... the SEC demands it)

Mike
  • #11
  • Jan 27, 2010 1:55pm Jan 27, 2010 1:55pm
This thread fails.

If you want comedy, go buy a ticket to see carrot top at the luxor.
Enlightened.
  • #12
  • Jan 27, 2010 3:43pm Jan 27, 2010 3:43pm
Quoting Craig
My favorite part of this thread is the Hedge Fund owner whose favorite book is 'Forex made easy', you just couldn't make this shit up...
Please no sarcasm. I am a brain surgeon and my favorite book is "Brain-surgery for Dummies". I invest my extra money to Forex using the Amazing strategy method: http://www.forexfactory.com/showthread.php?t=405
  • #13
  • Jan 27, 2010 4:23pm Jan 27, 2010 4:23pm
Quoting Craig
My favorite part of this thread is the Hedge Fund owner whose favorite book is 'Forex made easy', you just couldn't make this shit up...
Tis true. That made me crack up.
I dream, therefore I become.
  • #14
  • Jan 27, 2010 4:53pm Jan 27, 2010 4:53pm
Quoting FX Prophet
I have recently became a hedge fund manager and been trading my forex systems as usual....
what is this some type of joke?

you claim to be a hedge fund manager and you have to resort to public form to find a system to generate 50-100% a month.....

good luck on your search for the grail!

Please Mods (Twee), bin this crap!
  • #15
  • Jan 27, 2010 5:03pm Jan 27, 2010 5:03pm
There is no "extremely profitable" trading system publicly available on this forum. I would go as far to say there is no reliably profitable trading system on this forum. It would make 0 sense to reveal a system like this. The truth is that the only way you will find a system like this is if you are lucky enough to be mentored by someone with said system or learn it on your own. If there is a thread with an "extremely profitable" system on it... then the thread starter must of had a bout of insanity and then posted it and then forgot to get it deleted. Otherwise wait a couple pages for the thread starter's bank info where you can send money to "learn" his system. lololol!
  • #16
  • Edited 8:31am Jan 28, 2010 5:44am | Edited 8:31am
making from 2.5% per day. Is that really so difficult?

This guy http://www.forexfactory.com/showthread.php?t=207012 has just made 2000% since late November. And all with lagging indicators! You can check his statement. I like to keep an open mind. Anything is possible (but not with lagging indicators though!).
  • #17
  • Jan 28, 2010 6:24am Jan 28, 2010 6:24am
Quoting Craig
My favorite part of this thread is the Hedge Fund owner whose favorite book is 'Forex made easy', you just couldn't make this shit up...
Sadly Craig, this is another thread showing that the kids are taking over the FF nursery. No wonder the senior members are leaving at an alarming rate.
  • #18
  • Jan 28, 2010 6:56am Jan 28, 2010 6:56am
What's next??

Credit Suisse Bank manager who is looking for traders that can make 20000% return in a week?

  • #19
  • Jan 28, 2010 10:43am Jan 28, 2010 10:43am
Quoting forexmick
Sadly Craig, this is another thread showing that the kids are taking over the FF nursery. No wonder the senior members are leaving at an alarming rate.
Yep, forums are a give and take exercise at the best of times, out of habit I scroll though the new posts every morning and in times gone by there would be the odd interesting post, now it's just wall to wall recycled rubbish. The posters I follow don't seem to be posting anymore. This happens to all forums however, money-tec, oanda, forex-tsd are all crap now (money-tec was the FF of 5 years ago), elite trader is 99% crap but there are a hardcore of really good posters which keep me coming back. I don't know, something else will come up I'm sure.
The breaking of a wave cannot explain the whole sea.
  • #20
  • Jan 28, 2010 11:44am Jan 28, 2010 11:44am
Quoting Craig
Yep, forums are a give and take exercise at the best of times, out of habit I scroll though the new posts every morning and in times gone by there would be the odd interesting post, now it's just wall to wall recycled rubbish. The posters I follow don't seem to be posting anymore. This happens to all forums however, money-tec, oanda, forex-tsd are all crap now (money-tec was the FF of 5 years ago), elite trader is 99% crap but there are a hardcore of really good posters which keep me coming back. I don't know, something else will come up I'm sure....
I'm surprised you don't hang around Wilmott with all the math guys.

http://www.wilmott.com/index.cfm?NoC...=Yes&forumid=1
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