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How Long Have You Been Trading Forex??
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6 months, depending on how quickly you understand things. But you also need to learn many things by experience which may take about one year.
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Originally posted by mlawson71I definitely spend quite a while every day trading, but I have other obligations too.
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Originally posted by SaLaPaoMan View Postover 5 years now
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Originally posted by mlawson71
I know, it was a rhetorical question.
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Originally posted by mlawson71Is there anyone who makes 100% profit every month?
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Originally posted by monira
Warren Buffet, George Soros and Hedge fund companies are beggar
And you can make 100% profit per month, so you are going to be a Billionaire from your own $500 money.
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Originally posted by monira
OK. Fine. They will be billionaire soon.
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Originally posted by monira
Show verified track record. Min 5 years track record.
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Originally posted by monira
Show verified track record. Min 5 years track record.
I've found some pretty amazing track records on MQL5 traders. That is if they are real. Generating big overall profits, 5 to 10% monthly and sometimes higher, and consistent without huge drawdown. If you find any others worth mentioning on MQL5 or SignalStart or other trade copying sites, be sure to comment here.
1. https://www.mql5.com/en/signals/135184 - BachaTICEA (176 weeks)
BachTicea.JPG
2. https://www.mql5.com/en/signals/101185 - Shikari (232 weeks)
Good Trader.JPG
3. https://www.mql5.com/en/signals/452745 - Seng Signal 8 (180 weeks)
Seng Signal 8.JPG
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Originally posted by monira
Those who want to profit 10% per month, sooner or later would meet 100% DD.
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Originally posted by monira
Do you George Soros avg yearly return 30% for 30 years and he had a negative year -22% ??
I always think how can I survive and build a track record for a life time period and every professional
trader should care about it.
I never think short period of time. That's why your money is safe under my psychology and strategy
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Originally posted by monira
I know what do u meant. I have a complete road map. Even I am ready to manage $100M fund and able to raise it smoothly.
You should have some criteria while dealing with big funds or lots of clients.
(1) Measure your gain/loss, risk etc only by Percentage & PIPs rather than the value
(2) Slippage, execution speed, spread should be negligible according to your system performance.
So your system would be such so that these would not fall any effect to your system performance.
You can get help by EA tools such as 100 lot split into 10 lot of 10 position.
(3) Always keep your eyes on your Art of trading rather than amount of trading
(4) If there are lots of clients then ATCBrokers PAMM+ and MTCookfinancial Hybrid would be better choice
for this conditions. Because master account has only the master balance. Clients account mirror only.
(5) Should have a long long vision. Risk management is the key. Even you might take a negative year. You
have to recover the loss and regrow the fund and never give up.
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Originally posted by monira
Personally, I can't afford to invest more than $10K fund.
If I trade by my own money then monthly income, $300
If I manage $100K fund then monthly income, $300 + $900 = $1200 [Consider 30% performance fee]
If I manage $1M fund then monthly income, $300 + $9000 = $9300 [Consider 30% performance fee]
Moreover, I can reinvest my earning and earn more.
Who don't want to earn more? Who don't want to be rich quickly??
A successful trader with a superior trading system has the unlimited earning potential.
And whatever you manage 1 investor fund or 1000 investors fund, same effort.
Then why should not I trade other's people money???
Also 3% a month is not very good for a full time trader, most of the ones I know make a minimum of 10%
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