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Managed service - 8% - 10% per month?

  • #21
  • Mar 8, 2013 11:17pm Mar 8, 2013 11:17pm
Quoting vmc-on-top
All, I'm new to this forum so wasn't sure whether this should go on this section or main. ...........

thanks.
Dear.

I think nobody can't trade for you better than yourself !

If you are not cool man and you can't control your stress you should go and find good and professional traders but there is not guarantee profit in FX market
if some one told you I will guarantee your monthly profit you should know he/she is not honest .

the best way for you is share your total fund between 5- 10 professional traders ( you can combine it with good EA's too)
I suggest you use my rule
first if you like to invest 10,000$ in forex.
first invest only 2000$ and share this 2000$ between 5 professional traders and Ea's you can find good traders and ea's in many websites like peacearmy and myfxbook and forexfactory and so zulutrader

if they lose your money you have 8000$ yet ! and you can start again with better managers and Ea's

but remember even the best managers in the world can do mistake then you should understand that there is not guaranteed profit in FX market .
  • #22
  • Mar 11, 2013 8:12am Mar 11, 2013 8:12am
My 2cents, My main strategy has been to use signal services. However I'm very weary of managed accounts. There are soo many scams out there it's really hard to figure out which ones are the good ones and which ones are the bad ones. I like myFXbook because the accounts are verified and you can really see if the trader takes huge risks or not. I would say if the trader can't provide some sort of 3rd party verifiable proof on there performance then it's just an account waiting to be taken to the cleaners.

Nic
  • #23
  • Mar 12, 2013 12:25am Mar 12, 2013 12:25am
Quoting mer071898
Vark hit it directly on the mark, great info! Do your homework when looking for a managed account. I manage for a very small group of investors in my hometown, but I'm not NFA or CFTC registered yet and I have lost a few prospective accounts because of this and it is high on my priority list for the future growth of my business.

But, being a small community, I know all my investors personally and not being registered is not a big deal to them as long as I produce results. Also, by using more of a higher risk trading model, my potential clients...
well explained.
More than a hobby. Never a game. US Client at 1:50.
  • #24
  • Mar 12, 2013 7:22am Mar 12, 2013 7:22am
Quoting NicCOConnor
My 2cents, My main strategy has been to use signal services. However I'm very weary of managed accounts. There are soo many scams out there it's really hard to figure out which ones are the good ones and which ones are the bad ones. I like myFXbook because the accounts are verified and you can really see if the trader takes huge risks or not. I would say if the trader can't provide some sort of 3rd party verifiable proof on there performance then it's just an account waiting to be taken to the cleaners.

Nic

Even MYfxbook ( there are ways to show false accounts with impossible results )also failed if the trader cannot explain the method to the investor. Better if we can find the real investor reviews about the managed accounts.
  • #25
  • Mar 12, 2013 7:56am Mar 12, 2013 7:56am
Quoting Parox
Even MYfxbook ( there are ways to show false accounts with impossible results )also failed if the trader cannot explain the method to the investor. Better if we can find the real investor reviews about the managed accounts.
I agree, nothing better then word of mouth and getting first hand experiences, If you can find them. But it adds another layer of security in my opinion. I feel more comfortable if they have a MYFxbook. I'd be interested in learning about some of these ways that you can fake a myFXbook though. Just so I know what to look for.

Nic
  • #26
  • Last Post: Mar 20, 2013 8:25am Mar 20, 2013 8:25am
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30% in less than weeks !

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