I'm pleased to confirm that the GoodBoyFX managed account is now open!
Here's the deal.
Broker: Mt Cook Financial
Min Investment: $1,500USD (only available in USD)
Cost: 30% performance fee on high watermark basis, no entry, exit or management fees
Brokerage Fee: Discounted to $4.50 per lot
Safeguard: We have an automated safeguard built into the MAM account that closes ALL trades in the event the open equity hits 40% floating drawdown.
What you need to know before investing:
This is risky. We take no responsibility for any loss associated this investment, if you are going to invest you need to be aware of the risks. The 40% cutoff is a safeguard, but it's not an absolute guarantee. In the unlikely event this level is breached we take no responsibility for any financial loss or otherwise.
I'm personally putting in a small amount to start, and will be looking to withdraw my profits at the earliest opportunity. I would suggest you guys do something similar.
How to get started:
1) Open an account at Mt Cook by clicking here.
2) Fill out the LPOA by clicking here.
3) You'll then get investor access to view your account as well as a daily statement straight to your email.
GoodBoy's MAM Myfxbook
Any questions, please let me know.
Original post from the beginning of the thread
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Ladies and Gents,
One of the most polarizing members of our community, GoodBoyFX has returned, and brought with him an impressive looking, brand spanking new track record.
http://www.myfxbook.com/members/dood...ignals/1614352
For the original thread with more info on his history here please check out this thread: https://www.forexsignals.com/forum/f...is-coming-soon
Ok, let's start with a couple of truths:
1) He can obviously trade, even if it's only over the short term, laying it all on the line to produce exceptional gains.
2) There is a big part of the community here that LOVES this stuff
3) He's been very aloof with many of his answers to date, and is hard to believe/trust
So, here's my proposition.
We'll start a MAM service at Mt Cook, where we will have ultimate control over the account. On our end we'll put a 40% equity stop in place, to avoid absolute carnage if/when it happens.
Minimum investment of $1,000 and a 30% performance fee (no markup).
I'm actually interested to see where this thing could go. I'll be putting a small amount of my own money in play with the expectation of withdrawing the intial capital as soon as possible, and then letting the account run until we eventually hit the 40% stop.
Why bother?
Because he is going to do this regardless of whether we're involved, so I'd rather it be done with some form structure and transparency.
I've chatted with him over Skype and don't think he's a scammer whatsoever, he's just overly confident in his abilities.
What about his old account?
It's gone, I don't have it and I think it's fair to say that it would have hit the 40% drawdown level a number of times. If you're going to do this you need to do it with your eyes open and be willing to accept the likely inevitable consequences.
I'm interested to hear your thoughts on this idea before I push it any further.
Here's the deal.
Broker: Mt Cook Financial
Min Investment: $1,500USD (only available in USD)
Cost: 30% performance fee on high watermark basis, no entry, exit or management fees
Brokerage Fee: Discounted to $4.50 per lot
Safeguard: We have an automated safeguard built into the MAM account that closes ALL trades in the event the open equity hits 40% floating drawdown.
What you need to know before investing:
This is risky. We take no responsibility for any loss associated this investment, if you are going to invest you need to be aware of the risks. The 40% cutoff is a safeguard, but it's not an absolute guarantee. In the unlikely event this level is breached we take no responsibility for any financial loss or otherwise.
I'm personally putting in a small amount to start, and will be looking to withdraw my profits at the earliest opportunity. I would suggest you guys do something similar.
How to get started:
1) Open an account at Mt Cook by clicking here.
2) Fill out the LPOA by clicking here.
3) You'll then get investor access to view your account as well as a daily statement straight to your email.
GoodBoy's MAM Myfxbook
Any questions, please let me know.
Original post from the beginning of the thread
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Ladies and Gents,
One of the most polarizing members of our community, GoodBoyFX has returned, and brought with him an impressive looking, brand spanking new track record.
http://www.myfxbook.com/members/dood...ignals/1614352
For the original thread with more info on his history here please check out this thread: https://www.forexsignals.com/forum/f...is-coming-soon
Ok, let's start with a couple of truths:
1) He can obviously trade, even if it's only over the short term, laying it all on the line to produce exceptional gains.
2) There is a big part of the community here that LOVES this stuff
3) He's been very aloof with many of his answers to date, and is hard to believe/trust
So, here's my proposition.
We'll start a MAM service at Mt Cook, where we will have ultimate control over the account. On our end we'll put a 40% equity stop in place, to avoid absolute carnage if/when it happens.
Minimum investment of $1,000 and a 30% performance fee (no markup).
I'm actually interested to see where this thing could go. I'll be putting a small amount of my own money in play with the expectation of withdrawing the intial capital as soon as possible, and then letting the account run until we eventually hit the 40% stop.
Why bother?
Because he is going to do this regardless of whether we're involved, so I'd rather it be done with some form structure and transparency.
I've chatted with him over Skype and don't think he's a scammer whatsoever, he's just overly confident in his abilities.
What about his old account?
It's gone, I don't have it and I think it's fair to say that it would have hit the 40% drawdown level a number of times. If you're going to do this you need to do it with your eyes open and be willing to accept the likely inevitable consequences.
I'm interested to hear your thoughts on this idea before I push it any further.
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