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April 2016

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  • April 2016

    Happy Birthday To Us!
    Wholly Guacamole!

    We're still here 4 years later AND our clients are making money!

    Dear winners, let me ask you a question.

    How many forex operators do you know that have been around since 2012?

    Not many!

    Now, cut out the brokers and rebate providers who survive on trading volume instead of relying on client success. How many now?

    (crickets)

    That's right! We're the only one that I'm aware of that's not only still in business, but thriving. Why is that?

    It's because we focus on a single goal - make money for our community from the forex market. The reason you see so many forex operators making their living from "clipping the ticket" instead of doing the right thing by their clients and putting money in their pockets is because it's really freaking hard! As the saying goes - if it was easy everyone would do it.

    I don't want to get all emotional, but I'm extremely proud of what we've created. We're starting to change people's lives for the better. Here's just one email I received earlier this week with some pretty awesome feedback on what we're achieving.
    Hi Nick,
    By profession I am a lawyer with my own law firm, I am neither a "techie" nor involved in the finance industry!

    Your site has helped me into a position where I have been able to scale back my "day job" and enjoy more quality time with my wife and family as well as being able to help my children with their plans for the future. None of this, others would consider "life changing" but for me, if I can continue to "wash & repeat" this model year in year out- and generate income from FX, it is life changing because the amount I need to save for the future reduces- I need to save less and can actively use some of the income to enjoy the present and help my children along the way.
    Nick-a sincere thank you for making this available
    Mark R , UK

    Thanks Mark!

    Ok, enough of the warm and fuzzies, how'd our team go this month?

    All statistics verified by Myfxbook. Past returns may not be replicated in the future.

    Smart2 +1.07%(2.53% Max Drawdown)
    April was an important one for Smart2 after a particularly rocky March, and I'm pleased to report that that he did well by keeping the drawdown closer to his historic average. There were also a few near misses during the month which resulted in a subdued return (for him), but what is important for me is to see the consistency return. Which it did.

    FX Viper + 0.69%(-6.98% open drawdown)
    The Viper train continues to push through the mud that is the current situation between the Euro and USD. Very little has changed since March with Jeff (the trader) continuing to tread carefully by using much lower leverage than usual.

    I know the Viper fan base is being tested as the open drawdown drags on for yet another month, but it's times like this that a trader's mettle is tested. Nothing in Jeff's behavior indicates he's worried about his ability to work his way out of the current drawdown and I remain 100% behind him.

    Kilimanjaro + 0.29%(0.19% Max Drawdown)
    April was a bit of a non event for Kilimanjaro as he took advantage of the freedom that being a trader affords. He took his entire family of five on a three week, overseas holiday!

    He's back at the trading desk next Sunday night and I personally can't wait for him to get to it.

    SteadyCapture -1.45% (-3.09% open drawdown)
    April wasn't kind to SteadyCapture. He was struck down with a bug during the month and accepted an uncharacteristic loss on AUDUSD because he didn't want to trade while his head as unclear. He then took a week to get back in the game.

    Like a highly trained athlete, he's doesn't jump in the ring unless he knows he's got an edge on his opponent, and in order to do that he needs to be in peak physical and mental condition. I like that!
    Other News!

    Please also check out my video update where I reflect on how this website has changed my life and why I love getting up in the morning.



    Finally, thank you for being a part of it and I look forward to continuing the journey with all of you for many years to come!

    Regards

    Nick McDonald
    Click here to check out the most popular forex channel on YouTube

  • #2
    Well done. This is just the beginning!

    Comment


    • #3
      Originally posted by klass View Post
      Well done. This is just the beginning!
      Thanks Klass, it is!
      Click here to check out the most popular forex channel on YouTube

      Comment


      • #4
        Hi Nick,

        Thanks for the videos they are inspiring. One thing I'm confused about is are you creating a 1 million portfolio by adding/depositing funds as you go along, as this is what it seems like. I presumed this goal is to trade your way with the traders to 1million rather than just depositing until you reach 1 million.

        Good luck!!!

        Comment


        • #5
          Originally posted by Waleed121 View Post
          Hi Nick,

          Thanks for the videos they are inspiring. One thing I'm confused about is are you creating a 1 million portfolio by adding/depositing funds as you go along, as this is what it seems like. I presumed this goal is to trade your way with the traders to 1million rather than just depositing until you reach 1 million.

          Good luck!!!

          Thanks Walleed,

          The goal is to get the portfolio up to $1mil and then start withdrawing the profits, the portfolio will be a mix of profits and extra deposits. This isn't just a marketing project about turning x amount into $1mil, I'm using this as an actual investment vehicle for myself, so if there is an opportunity to put more money in and generate returns on that cash, I'll do it every time.

          Click here to check out the most popular forex channel on YouTube

          Comment

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