leo23's Posts - Page 38

Is demo trading enough before real account? in New Traders Nov 01, 2016 at 12:04

Ask yourself 3 questions:1.Do you have a solid trading system which you have backtested with sufficient past data with positive results?....Yes2.While trading in your demo account are you able to follow the rules of your same system exactly what you did in backtesting?....Yes3. While trading in demo are you trading just by your emotions whenever you feel like without any solid proven system?...NoIf your answers match with my answers, then keep trading on Demo until you produce consistent profitable results which you are happy with it before going to live.If any of the answers don't match, ...

Is demo trading enough before real account? in New Traders Oct 30, 2016 at 07:27

It depends on which timeframe you use for trading your system. For trading in H4 or Daily timeframes, 3 months demo trading should be enough before going to live provided if you have thoroughly and honestly backetested your system in "Forex tester" at least for 2 years of past data before even trading in demo account. That't it.Backtesting the system is very very important. Without backetsting a system, forward testing in demo account for years also may not help anything to be successful in forex.

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 28, 2016 at 11:21

With the interest of some of the investors we are progressing towards settings up a MAM account with priorfx for the same system in low risk mode with 10% equity protection targeting 5% a month approximately.If any more investors are interested in our system to invest, then please contact us to our email mentioned in the first post and confirm us the amount you are interested to invest in our system.We will post the link here once the MAM account is ready and running.

Show your profitable account here. in General Oct 27, 2016 at 07:54

Though we don't meet all the requirements of this thread created originally what we read, but just for future reference we are still posting our system link so that traders can monitor our system:https://www.myfxbook.com/members/leo23/trade-series-1high-risk-titanfx/1831056

Where to find investors? in General Oct 26, 2016 at 11:50

Yes, we agree on your point.But it is difficult to find large investors. Majority of traders want to make quick money with small investments and of course what someone will do with a 5% return from a account size of 2K or even 5K account !! But for a 100K account 5% mean at least something. Hence, mostly we use high risk set ups which is our personal choice. We love to loose upto 50% of our account in one day if we can make 100% a month and this account is set up in similar fashion that 30% can be lost at any time. We hope it will not happen every month and if it happens once in 2 months, then...

Where to find investors? in General Oct 26, 2016 at 07:31

You are welcome.This account uses high risk set up as per investor requirement.We are mainly looking for large investors who expect a consistent return of 5% a month with maximum 10% equity protection or may be similar set ups with 10% monthly with 20% protection and so on.When we say consistent return means almost every day a small profit will be credited to the account irrespective of whatever market conditions are there. It will happen 99% of the days out of total trading days.

How to Be an Expert in Forex Trading: Some Tips in General Oct 26, 2016 at 06:49

Steps:=====1.Study the forex market and mt4 usage2.Find a system suitable for you3.Backtest the system by strategy tester for at least 2 years of past data4.Forward test the same system in demo account for 3 months5.Forward test in cent real account for 3 months6.Go for live trading in a standard account risking not more than 1% to 2 % per trade

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 25, 2016 at 20:30

Our system is designed for long term investors looking for consistent returns with very low risk. Our common targets for low risk is 5% per month with 10% equity protection.When we say consistent returns it means that almost everyday the account will be credited with some profit and it will happen 99% of the trading days irrespective of any market conditions with minimal drawdown and we believe that's what most of the large investors look for long term investments. That is the goal of our system.

Where to find investors? in General Oct 25, 2016 at 08:50

We believe that this thread is created to reach investors and hence, we are posting our performance if any investors will be interested in our system. Though our trading history is very short, but we follow exact rules of equity protection and monthly target as explained in our profile:https://www.myfxbook.com/members/leo23/trade-series-1high-risk-titanfx/1831056Basically, we are planning to set up a PAMM account in Priorfx broker shortly. Hence, priorfx broker account holder are most welcome to contact us.Other broker Investors can also contact us starting from initial investment of around 15...

Im an investor. How to find a consistent traders? in Experienced Traders Oct 25, 2016 at 08:50

We believe that this thread is created to reach investors and hence, we are posting our performance if any investors will be interested in our system. Though our trading history is very short, but we follow exact rules of equity protection and monthly target as explained in our profile:https://www.myfxbook.com/members/leo23/trade-series-1high-risk-titanfx/1831056Basically, we are planning to set up a PAMM account in Priorfx broker shortly. Hence, priorfx broker account holder are most welcome to contact us.Other broker Investors can also contact us starting from initial investment of around 15...

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 25, 2016 at 00:55

A small Update to priorfx users:We want to update that we are unable to post in the thread "Sector Capital 1 - PriorFX" anymore since the system developer "BP33" has blocked us from posting in the thread. Also, we saw that he has deleted both of his systems. It seems like he tried to make as much money as possible from commissions by placing large number of trades and once it crashed, he vanished. Hence, we are posting this comment in our thread to update the current users of Priorfx who were previously using that trader "BP33". We will suggest all to stick to pri...

Sector Capital 1 - PriorFX in Trading Systems Oct 24, 2016 at 09:13

Yes, I 99% guarantee that we can achieve 5% monthly with a maximum 10% equity protection. But it is not a 100% guaranty every month, because it again depends on spread of the broker where you use the system and hence, it may vary between 4% to 6% per month which was there in this system. But we will use 10% protection to achieve similar results. If you use a broker with good spread, then it can be up to 6% or 8% even with 10% equity protection. But with broker with bad execution and high spread, it can be 4% or more per month.Regarding the flash crash events, neither me nor any bank will guar...

Sector Capital 1 - PriorFX in Trading Systems Oct 23, 2016 at 11:37

There is no need to run from one broker to another broker chasing for 5% a month with 45% equity protection. It is absolute non sense.If investors are seriously looking for 5% a month, then exactly same results can be achieved with 5% monthly return guaranteed every month with maximum 10% equity protection and we can do that. But it needs 20K or 30K minimum starting balance.That's all.

Is it legal for U.S. residents to manage PAMM accounts? in General Oct 23, 2016 at 06:52

It is difficult to find a broker who accepts US clients as well as who can be trusted.There can be few more brokers claiming to accept US clients or PAMM accounts, but you have to be very careful whether they are trusted or not.But FxChoice seems to be reliable from my past experience,but I don't trade with FxChoice anymore because of high spread.

Sector Capital 1 - PriorFX in Trading Systems Oct 23, 2016 at 06:20

Few investors in this thread argued previously that 15% per month can't be achieved with 45% equity protection with a similar system where as in our system we have used 30% protection only and it already achieved 16% in this week. But obviously it uses high risk.Investors in this system can have a look into our system in our profile for verifying the above fact. Note: This post is only for information purpose referring to a previous post and not intended for promotion

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 22, 2016 at 18:17

This is an offer and update from us to all the traders who are currently trading in Priorfx broker.If we will get investor contacts of at least 30,000 USD investors, then we will immediately set up a PAMM account with the same system in low risk mode with a 15% monthly guaranteed profit target and 30% equity protection. Here the profits will be credited in the account almost 99% of the days except few loosing days since our system opens and closes trades on the same day 99% of the times.If the investors amount will grow more than 1 million USD, then we can set up the same system in FIX API as ...

Sector Capital 1 - PriorFX in Trading Systems Oct 21, 2016 at 12:59

According to my calculation trying to recover the entire loss from this system again may take at least 8 to 10 months if the same monthly return will sustain.

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 21, 2016 at 08:54

This same system can be used to trade with low risk mode as well. In low risk mode, it can be run with various levels of equity protection like 50% equity protection with 25% monthly target, 30% equity protection with 15% monthly target, 20% equity protection with 10% monthly target and 10% equity protection with 5% monthly target almost guaranteed every month.This account is using high risk where chances of reaching the equity protection is high. Hence, we have named it as high risk. In low risk, the chances of reaching the equity protection is very very low and hence, we name it is as low r...

Trade Series 1(High Risk)-Titanfx in Trading Systems Oct 20, 2016 at 13:44

This account is using a equity protection of 30% with a monthly target of 60% a month.For details regarding investment in our system, investors can contact us by email: [email protected]

Sector Capital 1 - PriorFX in Trading Systems Oct 17, 2016 at 09:55

Sorry. A small correction for my above post for 2,000 USD the maximum lot is 0.01 lot. So if you have 2000 USD with a broker like either pepperstone or Priorfx, then send me the login details. This is just to show the performance of my system and hence, the account has to be new account , not a old traded account with past histry.

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Posts by leo23