Hello everyone! I was just doing a google search looking for managed accounts in forex and this website came up with some interesting conversation about managed accounts. I figured I would sign up and see what I could find out from some people here instead of trying to find people from google.
I am actively looking to get into a great forex managed account. I know they are out there. I am located in Seattle, WA. I dont care where the money manager(s) are located I just want some one who is reall good. If there is a trusted member of this forum community that might be able to point me in the right direction, or is a money manager themselves, I would love to hear from you.
I am going to be getting my hands on some serious dough within the next month or so, $75K+ and I am looking for some passive consistent income from my initial investment. I not interested in anything less than PROVEN 10-15% per month. Back testing doesn't count as proven.
Any and all advice is welcomed and please no rookies with $50 minimums. Thanks!!
I wouldn't call it a fairy tale, there are fund managers, forex and otherwise, that have show over 100p.a. for many years. These funds are considered private investments and require any interested parties to prove a net worth over 1 million dollars by federal law. A public fund showing these returns is uncommon due to the lower risk appetite of the fund managers.
I won't go as far to say that it is commonplace, but these type of returns do exist. Are they guaranteed? NO. Are they without intermediate losses? NO. Does aiming for 10% or more monthly mean equivalent losses can be seen? YES.
HeLLO friend,
i dont know whether you have any experience with the managed forex accounts
But as a forex trader for last 5 years and i am making a living with it
i would say dont get on with this big some directly into managed acct service
I run managed acct service for my clients and i always urge them to strt with safety minimum amt say $1000 on miniacct and experience the profits generated by me on there acct and then put in more
this way you feel safe that money is in safe hands!
Just my 2 cents
That is good advice for any investment. Like the saying goes, "Don't put all your eggs in one basket". However too much diversification isn't advised either....
Quote:
“Wide diversification is only required when investors do not understand what they are doing.”
Warren Buffett
Now $1,000 in my opinion is not enough capital to open a managed account unless of coarse you are using extremely high leverage which personally I frown away from.
That is good advice for any investment. Like the saying goes, "Don't put all your eggs in one basket". However too much diversification isn't advised either....
Now $1,000 in my opinion is not enough capital to open a managed account unless of coarse you are using extremely high leverage which personally I frown away from.
well yes!
i use high leverage as over the time i have found out that whatever leverage we trade with we are always in same situation when we have a determined strategy and that the money remains same ..
i know u might be saying alll books and many others say dont use high leverage
i believe in using high leverage in my trading startegy which makes me living trading it...
I am not against or for abt leverage because the leverage doesnt matter in my trading style much ...but whn strating with just $1000 i use high leverage as it gives a good edge over all other things!
Just my 2 cents!
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