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My Journey Building a $1,000,000 Forex Portfolio
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With my aggressive account in all sorts of trouble I decided to do a bit of analysis on which traders have made/lost me money since inception.
I was really surprised with the results, it's not what you'd expect.
I started this account in May 2015, results include floating losses :
Smart2 = Lost $18,000
FX Viper = Made $17,000
Kilimanjaro = Lost $88,000 (seriously... I double checked it)
GoldStar = Made $27,000(I've only been trading him for a few months)
SteadyCapture = Made $133,000!
SteadyCapture, would you like to get married and run away to Mexico with me?
You can see what an effect picking the right trading team has on your portfolio.
Moving forward I'm removing Smart2 and Kilimanjaro. I know it's easy in hindsight, but without them in my portfolio my account would be closer to $300k right now.
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Originally posted by NickWith my aggressive account in all sorts of trouble I decided to do a bit of analysis on which traders have made/lost me money since inception.
I was really surprised with the results, it's not what you'd expect.
I started this account in May 2015, results include floating losses :
Smart2 = Lost $18,000
FX Viper = Made $17,000
Kilimanjaro = Lost $88,000 (seriously... I double checked it)
GoldStar = Made $27,000(I've only been trading him for a few months)
SteadyCapture = Made $133,000!
SteadyCapture, would you like to get married and run away to Mexico with me?
You can see what an effect picking the right trading team has on your portfolio.
Moving forward I'm removing Smart2 and Kilimanjaro. I know it's easy in hindsight, but without them in my portfolio my account would be closer to $300k right now.
The tornado was coming but we didnt avoid it
Sent from my HTC One M9PLUS using Tapatalk
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Originally posted by Vidster View PostThanks for analysis and congrats to Jay.
However I'm not sure that figures are correct.
According to them you made $71k which is not the case if you take equity into consideration.
Or is there some other trader trading your account?
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To protect the site's reputation Kili and Smart2 have to go. They both are failed traders.
You have to get rid of them both Nick. From a business and image perspective I don't think you are doing the site any favors by presenting Kilimanjaro and Smart2 as signal providers for this site. When one looks at their trading history and the equity curve what are they going to be thinking??
I am sure they are great guys and fun to have beer with but they are not good for business.
I would urge Kilimanjaro and Smart2 to look at other possibilities. A career change. Trading is not for them.Last edited by Balboa; 09-21-2016, 01:14 PM.
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There should be a tread for house trader to watch section. I don't think it should be removed.
I have follow both signals. What make me discontinue kili sooner than he blows is when Nick said Kili made money with his personal account using some proprietary platform. It was an immediate red flag to me. He is not trading the same way that bring him 13 years of success. So everything in forexsignal is something new and not tested.
Vijay is good trader and the rules is clearly stated 25% but market condition simply cause the SL too fast too soon. He could reduce the risk say half but his lack of flexibility and such strategy will still not profitable in long term.Last edited by ktyong; 09-24-2016, 02:15 AM.
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