Invest only in responsible real money traders “who trade”, are you another “here today gone tomorrow adviser” or just having a break like finger flyer above.
Every system has different way of approach to the market, in my opinion most manual trader will bust today or tomorrow specially if they are showing higher growth in short time or using very tight stops. always trade with systems which are free from human emotions and can give you consistent returns.
Profitmasterfx, My post was a little tongue and cheek towards Megazero and Fingerflyer, it seems they come here posting all of what “we” are doing wrong and what “they are doing right” then they disappear because their system is failure, this is a warning to investors seeking advice and who to invest in, let a system prove itself on merit and performance,
In my opinion consistency is MOST important, invest only in systems which are profitable for 6 to 12 months time period.
easy come easy go systems are alot in market these days.
Wow you were such a smarty pants and lost all. It takes years to master forex and everybody finds his own edge. It’s not about how many positions you open or how big is drawdown in pips. In my opinion, understanding market and mony management matters + thousands and thousands of screen hours studying charts.
successful discretionery traders are hard to find but do exist
Iceberg Trader FX, Oops!!!, not available your link seems to have melted!!!
It’s a shame that my account is not in your list.
I’ll meet all your requirements for 100%.
1000+ pips in two weeks
Feel free to check out my account
Updated since I’ve started trading fulltime:
Hope you liked my tongue& cheek approach about the link, seems all is good now and showing some healthy results, well done and good luck.
so what happened to megazero?
The grim reaper is always looking you know…you got to have guts of steel to survive in this forex jungle
If at first you don’t succeed try try again, unfortunately this wasn’t his/her motto, he/she’s results were looking quite good but the me me me approach backfired.
Just because Trader use demo account, it doesn’t meant that they are a bad trader. Most if not all of the trader (including me) uses demo account as trader. But we (at least the one I saw so far) also have a real account that we attached to our trader account. It is a matter of good money management, investing and becoming a trader at the same time. Especially since we hold individual account, we have limited funding not like company account that have a lot more funding to play with.
Yes I completely agree.
This is what the partner at Mt Cook has always told me.
Quite honestly 99% of long-term and consistently profitable FX trading strategies these days are now automated. But there are the odd discretionary trader who is awesome. And almost all of the “grey box” automated strategies having been built at investment firms and hedge funds etc are controlled by excellent and experienced traders.
I know this because a Risk Manager at an investment bank has met with me to ask that I cooperate/collaborate with them so they can “code” my main flagship strategy. This will be one big task, as my strategy has multiple facets and I have intentionally developed it to be agile in markets that change thru different timeframes and different patterns.
Agreed with you on your aspect.
You should invest in responsible traders, yes I agree. However, it does not mean that traders who are using demo accounts are all iresponsible. Some have real accounts attached to their demo accounts, just for the purposes of money management
Maybe, but I think they should show copiers they have actual skin in the game.