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Iceberg Investments - Managed Forex Accounts - Weekly Updates

  • #61
  • Oct 18, 2013 5:00am Oct 18, 2013 5:00am
Quoting ruben17
Not bad ...ice {quote}
Ruben!!! long time no see, hope you're well. We still all talk via skype group on a daily basis if you're interested!
  • #62
  • Oct 23, 2013 7:56am Oct 23, 2013 7:56am
Quoting TranceTrader
{quote} Ruben!!! long time no see, hope you're well. We still all talk via skype group on a daily basis if you're interested!
Do you guys have a trade room?
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  • #63
  • Oct 23, 2013 8:58am Oct 23, 2013 8:58am
Headly we have a group chat on skype, if you want to get involved add me, my username is 'jackgleeson.co.uk' and I will invite you to the chat
  • #64
  • Edited 2:42pm Oct 24, 2013 12:44pm | Edited 2:42pm
Online chat support is now available on the website...........
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  • #65
  • Oct 25, 2013 2:31pm Oct 25, 2013 2:31pm
The sooner investors get in the better as the system is mostly for medium - long term clients and focuses on return per annum.
The current drawdown of - 15% reflects the current AUM of my own account which is starting balance of $2500 on my own account (will be making deposits and adding funds whenever I can)
So a client coming in with $10,000 the current drawdown on the account of about - 15% divided by 4 which would make it - 3.75% on client accounts
Hence the reason for the table above to show actual gain % on 10K allocation because the figures on myfxbook will fluctuate as funds are added.
Feel free to contact me if you have any more questions........I will be glad to clarify. cheers
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  • #66
  • Oct 25, 2013 4:28pm Oct 25, 2013 4:28pm
Quoting mmaker
{quote} At this point the system doesn't appear to be profitable, so we'll wait and observe. Obviously the investor can't invest $10,000 if the results are not proven. That -15% drawdown on $2500 will need your efforts to gain +17.6% in order to breakeven.
I agree with your stance.......You are welcome to observe and wait until you are comfortable with results. In the meantime let me know if you have any questions.....have a good weekend
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  • #67
  • Oct 28, 2013 5:09pm Oct 28, 2013 5:09pm
Quoting TranceTrader
Headly we have a group chat on skype, if you want to get involved add me, my username is 'jackgleeson.co.uk' and I will invite you to the chat
Hey I've added "username" but no response yet mate............what's going on?
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  • #68
  • Oct 28, 2013 5:33pm Oct 28, 2013 5:33pm
Got off linkedIN over the weekend........live trading is really taking up all my resources. I will continue to maintain this thread here and also the system thread at myfxbook (not as active).......this month will be closing at negative gains.

I must tell you that I don't pride myself or guarantee clients of consecutive winning months and no losing months......which is why i think many investors get caught in ponzi schemes and have lost their hard earned money.

My focus is purely based on securing a profit on investment capital per annum and building up a mutually beneficial relationship with clients.
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  • #69
  • Oct 28, 2013 7:40pm Oct 28, 2013 7:40pm
Even if I try to explain to the finest detail what I do you would still want to see the results....so I will be fair and let the results do the talking. I am just as much in the observer's seat like everyone else and a client as I have my own funds invested as well.

I do shoot some of my trade set ups on the thread when I have the time to do so.

As for the huge task......you are 100% right. It definitely is my friend but I always ask myself what is life without a challenge?
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  • #70
  • Oct 28, 2013 10:31pm Oct 28, 2013 10:31pm
Quoting mmaker
{quote} Why talk about \"investors\" or \"clients\" when you haven't shown that you have a working system? Account is down -15% and over -4000 pips to date. You have quite a huge task just getting back to breakeven, let alone achieving overall projected gains of 10%-30% per annum. Can you discuss a sampling of your trades, why they were taken and why they lost? I guess potential investors need to know why trades failed, or whether you have a sound system or \"edge\" to begin with.
The fund is currently down about -4 %........I was trying to explain that a couple posts aback. I see how the results can be confusing.......I will seperate the results as to avoid the mix up in the future.......Will only display the table on the website which will only reflect actual fund performance for clients starting with the default minimum deposit of 10K. And the system will be kept public on myfxbook for third party verification purpose.
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  • #71
  • Edited 8:16am Oct 29, 2013 5:53am | Edited 8:16am
You have a valid point..............I think the results should be displayed seperately as to avoid any confusion. I do not want to be misleading anyone here....

15% of $2500 = $375

3.75% of $10,000 = $375

The stats on myfxbook will reflect the fund performance based on current AUM which will fluctuate as funds are added, that's the reason why I set up the chart so that all results would be benchmarked according to the default minimum balance of 10K.

Thanks for the feedback.......
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  • #72
  • Oct 30, 2013 7:15pm Oct 30, 2013 7:15pm
I'm having some problems with the website's online chat support so I will be removing the feature until i get it sorted out.

In the meantime I'm short on AUD after getting twin peaks on the RSI, followed by a weak pullback re entry was based was also based on RSI overbought condition and now currently looking for a a good enough exit signal.........No profit target as yet and have locked in small profit on both trades.

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  • #73
  • Oct 30, 2013 7:45pm Oct 30, 2013 7:45pm
I am also looking at triple top on the RSI for short entry on EUR/JPY @ market SL @ 25 pip & TP @ 95 pip. Will post the entry if I do decide on taking it.....got to get some rest though. Will post the trade on here if I do.

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  • #74
  • Oct 31, 2013 6:18am Oct 31, 2013 6:18am
Attached Image (click to enlarge)
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That was a sweet trade.......Hit the profit target one hour ago........... made my day already
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  • #75
  • Oct 31, 2013 6:31am Oct 31, 2013 6:31am
Quoting Headly
I'm having some problems with the website's online chat support so I will be removing the feature until i get it sorted out. In the meantime I'm short on AUD after getting twin peaks on the RSI, followed by a weak pullback re entry was based was also based on RSI overbought condition and now currently looking for a a good enough exit signal.........No profit target as yet and have locked in small profit on both trades. {image}
Short entry #2 TP was hit overnight...........
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  • #76
  • Nov 1, 2013 12:26pm Nov 1, 2013 12:26pm
Have a good weekend all...............TGIF
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  • #77
  • Edited 4:25pm Nov 7, 2013 9:20am | Edited 4:25pm
Just got on GBP/JPY trade today......Looking to make a decent 100 pips before friday all goes well. Hope everyone is treading the markets carefully this week..........

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  • #78
  • Nov 7, 2013 9:27am Nov 7, 2013 9:27am
Got stopped out at locked in profit of 15 pips a few minutes ago...........
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  • #79
  • Nov 8, 2013 5:41am Nov 8, 2013 5:41am
TGIF...........Got the website reorganized. Some viewers had complained of too much scrolling....heh heh heh...Leave me a note if anything people.
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  • #80
  • Nov 8, 2013 6:20am Nov 8, 2013 6:20am
Hot off the charts.......Jumped on EUR/JPY to ride that bullish trendline. Got a triple bottom RSI confirmation coming out of oversold zone. Let's see how this plays out......Wish me luck.

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