Hello, everybody.
I’m offering managed accounts. Check my performance here:
https://www.myfxbook.com/members/marcelcorzo1
Here is the deal:
1. And the most important: Risk only what you can afford to lose. I don’t respond for partial or total losses on your account. If you don’t have much confidence, start little.
2. Only metatrader microaccounts, with nanolots (like Instaforex, FxOpen), or microlots (like Alpari-Russia, Alpari Uk). Non NFA-regulated (because we need to hedge). We can deal with minilots on US$40.000 balance or more.
3.Minimum balance on nanolots US$200 (Instaforex, FxOpen), on microlots US$2.000. No maximum.
4. Commission will be 50% of monthly profit, which must be transferred within 5 first days of each month, through bank wire, LibertyReserve, WebMoney, MoneyBookers, Alertpay. NOT PAYPAL. If you have another transfer system, we can look at it. You can transfer money from your credit card through any of these systems.
5. The trading system is semi-automated Grid/hedging system. Not martingale, but I use large stops. There is always a 0 – 30% floating profit/loss. If you need to withdraw a large percentage of money, or close the account, be aware that eventually we’ll need to close part or all the losing positions, which will traduce to a drawdown equal to the actual floating percentage. If you withdraw even a small percentage, that will increase your floating P/L. We intend to have a floating P/L less than 20-25%. In the case the floating increases over 30%, I’ll ask you for make an extra deposit to decrease that floating, assume a higher risk or close the losing positions. That’s your decision.
6. You must give me the login and password of your account (not the investors password). You can’t open or close positions, otherwise I’ll stop trading your account. I need the daily statements, then you can send them to me daily, or we can use a shared e-mail to receive them.
7. If you recommend me to anybody, and that person gets a managed account with me, I’ll discount 5% for each person from your monthly commission, but the net commission can’t be less from 20%.
8. If you authorize me to publish your account results, of course deleting your name and account number, I’ll give an extra 5% discount from your monthly commission.
9. I recommend you to open a “security” account with the same broker, and transfer weekly or monthly a percentage of your profits to that account (accordingly to your balance and floating P/L). For example you can transfer a 10 – 20% of your monthly profits to your security account. In case of total loss of your trading account, at least you have your security account. Even if you need to increase your balance in a risky situation, you can rapidly transfer money from your security account to your trading account (I don’t think it’s a good idea because you are risking your security money, too.)
10.There is no monthly percentage of performance guaranteed. From my experience, we can get between 10 -50 % monthly.
11.I’ll post here on a monthly basis the results of all my personal and managed accounts. You can check any time the accounts here:
https://www.myfxbook.com/members/marcelcorzo1
12. It's important to let it clear that monthly commisions are based on balance in the last day of each month, not over the equity, because this last one is variable.
Regards,
Marcel Corzo
I’m offering managed accounts. Check my performance here:
https://www.myfxbook.com/members/marcelcorzo1
Here is the deal:
1. And the most important: Risk only what you can afford to lose. I don’t respond for partial or total losses on your account. If you don’t have much confidence, start little.
2. Only metatrader microaccounts, with nanolots (like Instaforex, FxOpen), or microlots (like Alpari-Russia, Alpari Uk). Non NFA-regulated (because we need to hedge). We can deal with minilots on US$40.000 balance or more.
3.Minimum balance on nanolots US$200 (Instaforex, FxOpen), on microlots US$2.000. No maximum.
4. Commission will be 50% of monthly profit, which must be transferred within 5 first days of each month, through bank wire, LibertyReserve, WebMoney, MoneyBookers, Alertpay. NOT PAYPAL. If you have another transfer system, we can look at it. You can transfer money from your credit card through any of these systems.
5. The trading system is semi-automated Grid/hedging system. Not martingale, but I use large stops. There is always a 0 – 30% floating profit/loss. If you need to withdraw a large percentage of money, or close the account, be aware that eventually we’ll need to close part or all the losing positions, which will traduce to a drawdown equal to the actual floating percentage. If you withdraw even a small percentage, that will increase your floating P/L. We intend to have a floating P/L less than 20-25%. In the case the floating increases over 30%, I’ll ask you for make an extra deposit to decrease that floating, assume a higher risk or close the losing positions. That’s your decision.
6. You must give me the login and password of your account (not the investors password). You can’t open or close positions, otherwise I’ll stop trading your account. I need the daily statements, then you can send them to me daily, or we can use a shared e-mail to receive them.
7. If you recommend me to anybody, and that person gets a managed account with me, I’ll discount 5% for each person from your monthly commission, but the net commission can’t be less from 20%.
8. If you authorize me to publish your account results, of course deleting your name and account number, I’ll give an extra 5% discount from your monthly commission.
9. I recommend you to open a “security” account with the same broker, and transfer weekly or monthly a percentage of your profits to that account (accordingly to your balance and floating P/L). For example you can transfer a 10 – 20% of your monthly profits to your security account. In case of total loss of your trading account, at least you have your security account. Even if you need to increase your balance in a risky situation, you can rapidly transfer money from your security account to your trading account (I don’t think it’s a good idea because you are risking your security money, too.)
10.There is no monthly percentage of performance guaranteed. From my experience, we can get between 10 -50 % monthly.
11.I’ll post here on a monthly basis the results of all my personal and managed accounts. You can check any time the accounts here:
https://www.myfxbook.com/members/marcelcorzo1
12. It's important to let it clear that monthly commisions are based on balance in the last day of each month, not over the equity, because this last one is variable.
Regards,
Marcel Corzo
