Your strategy for more money

Dear Members,
I have been studying the Forex Market for few years and sadly without much success. Like many others I have tried various strategies and indicators and still have not found a system that constantly performs.
These are my assumptions:
I highly value blogs like this where members help each other to improve their trading strategy ideas. The comunity has a very important role.
All of us have read that most of the traders lose money and Institutional traders instead make money. Now, if this is true, few traders must have found a strategy, easy or complex doesn't matter, that has been proven to be profitable over time.
I might not being popular for this but...If you have a strategy that works you are not going to share it. Perhaps with your best friend. Why would the old companion Fear & Greed suddendly disappear?
And therefore:
The Forex strategies out there for sale do not work. Sellers rely on your money not the money in the Market. The Internet is full of scams sadly working on the weak psychology of people desperate to "finally" find the holy grail.
Now, let's go back to the "diligent" trader that have found a strategy that works. Like the majority of us, he or she wishes to give up the day job, trade few hours and make a living out of it. However unless he has large sum that he or she can comfortably lose, the time needed to grow a small capital even by reinvesting the profit is too long. Reward/Effort could be low for quite some time. People start trading to make more money, to replace or add a monthly income, to find security rather than risk the savings.
Some traders have the strategy but have no access to capitals. They sensibly decide not to borrow from family or banks and so they are left with the tool without the raw material.
Here is what I have realised:
I haven't find a valuable strategy but I have access to capital.
I don't want your money and I will not pay to buy a strategy. I am not going to sell the strategy either.
What I can do is test the strategy and gradually increase the investments that I will find and pay 10% of the profit to the owner of the strategy.
Some might argue that 10% is not a good deal.
First 10% of something is better than 100% of nothing. If you are confident in your strategy and it performs, capital can increase making the 10% quite interesting.
Investors need to get most of the profit.
The owner has really nothing to lose given that the strategy will be kept confidential.
Why would I pay out? What if I open and hide more accounts without paying the 10%. All possible but, as naive as it can sound, I belive in in Karma and I will be taking away from this or other area and I think it is honest to respect the agreement.
As my proposition is genuine, I would like to receive real working strategies that have proved good results. Strategy based on Martingale or High Risk Reward will not match investors' apetite.
I like this to be a win win situation. This might not be interesting for very wealthy individuals and people with access to capitals. I am sure however that some good traders are in certain enviroments or part of the world with less opportunities to attract investors.
If you like to discuss this peraphs describing in general terms the type of strategy and the results you have had you can email me at [email protected]
Thank you
Best Wishes
Cristiano

Cristiano.

If I understand you correctly, you are proposing to trade another members system / methodology, and in return you propose to pay them 10% of your profits as recompense.
If this is correct, I would like you to consider the following points:

1. Myself and many other experienced traders will advise you that it is the trader and not the "system" or methodology that ensures consistent profitability. All systems, indicators etc. are profitable for periods, which is why someone took all the time and trouble to compile them in the first place. However, the market is dynamic and so the use of the "system" needs to be dynamic, which is solely down to the skill of the trader and is un-relentlessly demanding.

2. I started with a smallish account balance and built funds by offering to trade accounts for family and friends. I charged (and still do 20% of profits) which I chose to add to my own trading account balance. The figure of 20% was advised as an average commission charged by account managers, and everyone has been happy with this figure. In effect, they keep 80% of profits for doing nothing.

So I suggest that it would be better for you to invest with a successful trader as opposed to trying to find "a system that works".

I do not wish to be facetious, but your offer does not sound like a good deal compared to other alternatives.

I'm not advocating myself by the way. I've already got the feds after me for being unregistered

Leebos,

thank you for sharing your thoughts this is actually what I am looking for at this stage.

Starting from you second point I agree and would do the same. If I had to ask family and friends I will anly keep a small profit (if I want them to still talk to me! :-)).The relationship here is different, they probably help and they probably can risk less. In my idea the "owner" has no responsability towards the money, does not have to trade and as I memtioned will benefit for 10% of a larger figure to do basically nothing!

Your first point is the key and shows your experience in trading. I agree that the trader is more important than the system. First emotions can screw up a good strategy. Possibly an EA would solve this. The "adaptation" to the changable market can only come however from the human. So yes, possibly most of the strategies will not work over time when left alone.

As i cannot know what strategy have been succesefuly built I can only ask if such as consistnt strategy exist and if there is an interest to make it more rewarding.

Rules on these subjects are very strict and investmenst and clients money have to be regulated. Actually more on rasing capitals than paying the commissions to the owner. If this works will not be done in an home made set up but properly. The key now is the strategy, setting up the right veichle is secondary.

My post was not meant to be commercial, although I understand why is read this way, but more try to see if this formula can work as it can help all the parties in a win win situation.

Thanks again for your time to answer and your thoughts

Cristiano

No problem.

I aim to be constructive and helpful where possible, but primarily realistic from experience.
If you read the vast majority of forums on FF, you can pick up the underlying frustrations and psychological turmoil that trading exacts on it's would be conquistadors.
Your very quest to find the perfect "system" is exactly what is driving a lot of these people to madness and in the opposite direction to success.

Some give up altogether and become cynical nay-sayers.

I'm personally an exponent of Buddhist philosophy and have found it most valuable in ensuring I don't get caught up in the melee of forum "experts".

So if I can leave you with one ounce of Buddhist wisdom applicable to market trading, it is that we can not really own anything, and that holy-grail strategies are futile attempts to "own" the market by consistently predicting the future.
The trader that takes trading opportunities when they present themselves, but accepts that those opportunities may present themselves in countless ways, is the trader you should trust your money with. Reward him/ her well and I've no doubt he / she will happily keep turning you a profit.

I admire your enterprise and wish you well in your quest.

Here u go buddy : http://www.mql5.com/en/signals . Try to pick the right ones, not the scams using averaging / topping, no stop loss, martingale method, trading for a few weeks, equity smaller than balance, etc.

Thank you Fooled, this is an interesting area to look into it.
Best wishes
Cristiano