The Trader Behind the Trade™

Decided to open up a Zulu account-but with demo through FXOpen ECN

The demo account will mirror my Oanda MT4 account via MT4i (HA! take that Zulu!)

What sucks is that I don't have a trading history on the demo account to lure investors-

I have to start fresh and hopefully in the next few months will grow the demo account -and number of followers.

Will check if this whole setup will even work in tomorrow's trading session....

Cool. My zulu works!

http://zulutrader.com/trader/145534

I'm honored to be selected by RAPA as the first five forex traders to receive the initial capital

http://rapacapintro.com/journal/journal/noticeboard

In the next 6 months to a year is VERY CRUCIAL period for me as a trader. If I do well-I may be chosen to receive further capital. If not, I will end up dissapearing into obscurity as a trader wannabe.

I guess time can only tell.

DETAILS of the NocturnalFX Affiliate Program

The program will begin Mar 1, 2013. You can sign up now-but compensation will not start until Mar 1, 2013.

great, all I can say is that be very conservative ....30% p.a with single digits drawdowns will have people knocking your doors.

Yes. The great thing is they can set their own risk in following my signals.

That recent post about signal provider paranoia got me thinking how i need to restructure my MT4i signal business.

That sound great congratulation . What kind of community is this, is it like currensee ??

kind of. the investment capital is more privatized. and the ranking seems unique unlike the typical trading system ranking you see around in the trading community.

Great- another one bites the dust

http://forexmagnates.com/fx-solution...-gain-capital/

You will end up with the current US forex brokers jacking up their spreads because they know there are only a few of them left. Since US customers can't sign up outside of the US, this means this price gauging will be a great business decision.

The reallly only hope for US forex trader is interactive brokers.

In the trading signal service-you would typically see three types of subscription plans:

1. Per trade commission (fxstat, zulutrader)
2. Monthly payment (MQL5, Colllective2) - NocturnalFX will not employ fixed monthly payment subscription beginning March 1, 2013.
3. Performance based (Currensee).

MT4i trade signals was set up as a performance based subscription. Initially there was no minimum account requirement since the service was relatively new with fewer subscribers-so there was no fee involved in maintaining this service.

Now the number of subscribers have gone beyond the maximum subscribers allowed under the free maintenance plan with MT4i. Therefore performance fee from a larger account is required to account for the IP costs. This is also the reason why strict following rule was implemented to provide efficient use of the subscriber space.

Therefore as of April 1st, 2013-there will be a minimum account requirement of $5000 USD (or equivalent) required to subscribe via NocturnalFX MT4i trade signals. The following rules will apply on April 1st 2013.

1. The equity must meet the minimum requirement prior to trading session on April 1st 2013
2. Withdrawals resulting in the balance to be below the minimum of $5000 will result in subscription termination
3. Account balance that falls below the minimum requirement due to losses will not be removed from subscription (only the client's profit/loss statement from magicnumber 991251299 must be negative for this rule to apply).
3. Any client removed from the subscription must meet minimum account requirement and pay any outstanding performance fee (if applicable) to be reinstated.

I understand that this change will affect some of the subscribers. However, there are option available for subscribers to follow NocturnalFX signals with smaller accounts:

1. FXstat
2. Zulutrader

Please feel free to ask any questions you may have regarding these changes.

NocturnalFX is looking for additional subscription options in the next few months. Updates will be provided when those subscriptions are available.

In the next few months I'm going to take notes on a parameter that would enable me to increase my profitablity on winning trades. This parameter to measure profitability on letting trades run and would either be based on fixed TP or trailing stop.

I will take notes on the hypothetical outcome on the next 100 trades.

If the % of success and the R:R looks acceptable when compared to actual trade results-i will implement it.

Just part of the continuous improvement with my system.

I agree, the entire industry is “smoke and mirrors”. Hardly any can do the job, even if they give the impression they can. And even fewer are transparent/ verifiable.

For me, in the world of forex, all are guilty until proven innocent. Well worded posts, demo accounts, profitable accounts demonstrating high risk of ruin etc etc, dont represent skilled trading or transparency.

But if you can combine these 2, skilled trading with transparency, which it looks like you are, then funding (and respect), will come to you.

I'd also add vouches and number of posts to your list.

yes, vouches should be scrapped

shit.

overslept today-and missed a 1% gain.

To top it off=since i missed trading today, i thought today was Sunday?

Took me a few minutes to realize it's god damn monday.

Nocturnal,



Any other side than Myfxbook that tracks your trading ?

Any broker that uses MT4 can be used as broker ?

What leverage do you use ?

1. I got several tracking sites (just look for TPOTrader or NocturnalFX)

myfxbook
forexfactory TE (only available end of trading week)
fxstat
zulutrade
currensee
RAPA cap intro

2. WHattt???!? please restate your question

3. I use around 1:15-1:30 leverage.

If I use a MT4 broker , I can get your signals executed in my account ?

yea, it depends on which broker you use.

for example if you want to use zulutrade-they dont cover all mt4 brokers.

Typical system seller

http://www.fxvoodoo.com/

$1000 turned to $1,76,796.94
with a High Profit Factor 12.96
and Low DrawDown 15.36%

VERSION 7 is now AVAILABLE !!
We are giving this wonderful EA only for $149.

No... Just for $99 only ..


after all these years..this shit still annoys the fuck out of me...i wish they just die and burn in scam hell...