Managed Forex Accounts?

**Takiii** · #1 08-25-2006, 04:43 AM

guarenteed.. LOL newbie, learn to invest if you are going to do it.

**Takiii** · #2 08-25-2006, 06:59 AM

I know and a sweat blood getting it .... and more.. But i am saying is if you expect some 3rd-5th grade trader to do 20% a month then you will simply lose your money. Too much pressure.

donandrachel · #3 08-25-2006, 08:58 AM

quote:Originally Posted by Cyber_Ninja
There isnt anyone who GUARANTEES 20% per month and if they do they are lying.20% of 25000 is 5000 per month.
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when looking for return on investment it will depend on who the account manager is using for their broker. If your account manager is using a percent allocated system 20% might be hard to achieve depending on the difference in all the accounts managed in that group. If they use a Lot allocated system well then you should be able to achieve these returns. I have received 20% a month on my manged account. I know it is possible.

(I've seen this question ask a lot as well. Why is the investments for managed accounts so large to get in)
The reason most account managers don't want small accounts is simple math. IF they take 30% of your earnings and you put in 5k. 20% of 5k = $1000 and he only gets $300. $300/20days = $15day to make you money. You can't get anyone to do anything for $15. Now if that was 25k that would be $75 a day, he is willing to work for you. If you don't have a lot of money I use a place that does allow smaller investments. e-mail me and i'll reply with the web address.

Cyber_Ninja · #4 08-25-2006, 12:50 PM

You havent received 20% average per month on your account for 2 years have you?What does 1 month count , he was talkin about 20% per month every month minimum.

Cyber_Ninja · #5 08-25-2006, 05:36 PM

Takki do you know?

donandrachel · #6 08-26-2006, 03:53 AM

Quote:

Originally Posted by Cyber_Ninja

You havent received 20% average per month on your account for 2 years have you?What does 1 month count , he was talkin about 20% per month every month minimum.

You are correct I haven't recieve 20% per month for 2yrs. but I have received it for 2 months. I haven't been with them very long but I like there trading style. It suites me. As long as they keep providing a return I'll be happy. Plus they are local to me, which I like.

**Takiii** · #7 08-26-2006, 04:34 AM

20% a month for 16 months so far. 20% + that is. I spend alot of money though, so im not a millionaire .

**Takiii** · #8 08-26-2006, 04:34 AM

20% a month for 16 months so far. 20% + that is. I spend alot of money though, so im not a millionaire .

phildunn · #9 08-26-2006, 10:17 AM

Quote:

Originally Posted by Takiii

20% a month for 16 months so far. 20% + that is. I spend alot of money though, so im not a millionaire .

U should apply for a job of trader in fund/bank if u can maintain the result in future. U can get salary/reward of millions easily.

**Takiii** · #10 08-26-2006, 11:15 AM

I can make more by myself. And I dont want to be overly rich, because 1) i dont want to be a market maker 2) i don't want to be considered a rich person 3) i dont want publicity 4) I want to be left alone and 5) I have personal things I have to spend the money on..

The fact I use an EA most of the time now also gives a reason for me not to go to a fund or a bank because they will want ownership of the EA which i am not willing to give (i have been offered a job at a bank in Canada). Purely not interested in coporate jiberish