An Honest and Profitable Trading Venture by a Real Trader

I wanted to post this at the start of September but as a new member was not allowed to start the thread. Here is what I have to say:

Firstly, I would like to briefly introduce myself. I have worked as a senior FX Dealer and currently a full time trader, trading my own accounts and those of few clients with slightly varying mandates.
My only motivation to launch this service is to develop another less risky and less stressful stream of income. If this venture turns successful, I would like to convert my trade signal clients into my asset management business clients. I think the best way to capture the attention of prospective clients is to show them live profitable trading rather than showing historical performance.
I could have easily linked performance of any one of my profitable accounts here but I do not believe in historical performance. Therefore I have opened a new real account with $5K equity and will share the link to myfxbook here. My followers can watch my performance and account growth live. I have selected USD5K because I think this is somewhat close to the average retail account size and to avoid the gimmick used by many fraudulent signal providers to open small sized accounts and only share the performance of the successful ones. I have only this one account for this service and will stick with it.
My target for this account is around 100-200% return till December-2016, while keeping my draw-down to maximum 20-30% of the account at any time. You will not see me using any gimmicks like those used by other fraudulent signal providers e.g. closing winning trades while running loosing trades as can be seen by the disparity between the equity and balance curves of those accounts. This will be simply an HONEST trading venture.
I am quite confident of achieving this return and risk objective. My followers can track the performance of my account and then decide to join my service. I do not believe in sharing the performance of already successful account to attract customers as this is one of the gimmicks used by fraudsters out there. Live performance is what I believe in.
This account will be based on a semi swing trading approach (no scalping unless the market reaches my target or stop-loss in seconds which will be a very rare occurrence).
My fees for this service will be USD 100/month. You guys can contact me through private message or my email [email protected]
Please pardon my language and writing skills as English is not my first language.
The exact starting equity is USD 5191.75.
Lets start the journey.
Myfxbook link: https://www.myfxbook.com/members/tra...rfx786/1760455

This is the first time I am using myfxbook and using a public forum to share my performance live to attract clients.

Please feel free to share your suggestions to enhance the transparency of this venture (i have already done all the necessary things I think).

Regards,

The journey has just started. True post summer trading conditions will resume from tomorrow (today was Labor day holiday).

Plz join me in my journey and watch a real trader trade.

I trade both Forex and commodities (equity indices rarely too) but my favorite is Forex.

This basically negates the title of the thread. Real traders don't shoot for 100-200% in 3-4 months.

Link an old account and continue to trade it responsibly, I'm sure that's what people would want to see?

Friend I see the conundrum you are facing due to the beliefs fed by the marketing bull**** in this industry.

Gaining 100% is quite achievable. If I risk 2% on each trade, the I need to make 50R in 4 months. That is 12.5R per month. A few good 3-4R trades and you can achieve it. Infact, if you ride a good trend move, can be achieved in 1-2 trades.

I haven't promised anything. In fact, I want people to track and monitor my performance live. The only reason I am confident of achieving at least 100% is because this time of the year has been historically very good for my trading. Had it been July-Aug, I would have said 25-50% return would have been an achievement.

I cant prove the fact here that I am a real bank dealer. You have nothing to loose by believing this and tracking my performance. You will not see me trading big risky lots for 1-2 pips. You will see me trade the way most people want to trade. I will achieve my target with small positions. I invite you to monitor and witness for yourself.

Sir, the account is just a few months old and at the time I linked it to myfxbook around end of August, it was up around 5-6% approximately based on some testing trades. As my target for next 3-4 months is 100-200%, you can ignore this starting advantage easily.

So you can ignore this 5-6 % and watch me make the rest 90 plus % return till December.

Also, the start of September was not ideal for me and due to loosing trades, I lost almost all of this minor starting advantage, which has been recovered today and yesterday. Also, I mentioned in my first post :"The exact starting equity is USD 5191.75." just to cover this minor issue.

Due to Myfxbook glitch the account was not being updated automatically. Tried some layman troubleshooting and the issue seems resolved atleast for noww.

Regards,
Ahmad

A really good blog post. I recommend reading this guy.

https://www.peterlbrandt.com/thank-g...ot-an-analyst/

Please note that I have no association of any kind with this guy.

Agreed, you dont make 100-200% in 3-4 months. Your account was started on june, it has been 3 months with only 11% to show with an average of 3.5% per month. How do you expect to make 100-200%. also it is not real to make that much return in 3-4 months, we're talking 50% a month. This is people's money and people would like to see consistent results rather than over leveraging and wiping their accounts.

I've personally been trading my account since February this year, until now I've made 58% return with a minimal drawdown of 16%, you're talking 30% drawdown and that's normal? with a 30% drawdown, my performance would be 116% return to date, but that's people's money and I'm sure they wouldnt appreciate seeing 30% of their account gone at some point.

I suggest you revisit your strategy so that there would be people willing to invest onto your account. You can also check my thread and see what I've done, and i'd be more than happy to help you out get started.

Guys had a turbulent end to 2016. Had to switch job (location too) along with many other things. Restarted the trading in Jan-2017. Now I am back. You are more than welcome to follow and analyze and criticize(appreciate if I deserve that and you got the heart to do that). Aiming for a great 2017.

Updated performance:

http://www.myfxbook.com/members/TRAD...rfx786/2477965

Your views and criticism are most welcome.