Proposition to Trade your account ?

F

fxtrader101

Hi Guys,
Proposition:

To trade another persons' ForeX Account. May sound rhidiculous. I have my own trading account but its not funded as much as i would like as im paying off a House. Will expire this offer when my own account reaches a reasonable amount to live off.
Please read below if you are interested. If not thats cool too.
Just want to make as much money as possible. ONly serious offers apply.

*7 years experience in Trading.

*I only hold the username and password of the account along with Account holder.

*I cannot withdraw account holders fund etc.

*Will want to be renumerated by the Account holder by some % of gains per month or discontinue the service. 20% of profit. Negotiable.

*Heavy use of Elliott wave and fibonacci price and time cycles.

*I will be doing the exact same trades as my own account.

*Will want to be renumerated by the Account holder by some % of gains per month or discontinue the service. 20% of profit. Negotiable.

*10% position sizing meaning 10% of capital will be risked per trade.

*1 Trade maximum per day. Only trading when market meets criteria.

*Will provide trading journal to Account holder on why position was taken.

*Will cease trading at request of Account holder or Account Holder can change password etc.

*Will be predominantly trading GBP/USD

*Averaging 5-20% profit per month.

*always employ stop loss.

*Account holder must not interfere with open positions unless they want to cease the service.

*Will trade upto 3 accounts, no more.

*will show trading record.

*if you are happy, please introduce others etc.
 
Quote from fxtrader101:

*Will trade upto 3 accounts, no more.

~snip~

*if you are happy, please introduce others etc.
More...

Would you mind to explain why and how? TIA!

Look forward to your journal.
 
Quote from OddTrader:

Would you mind to explain why and how? TIA!

Look forward to your journal.
More...

dont really understand your question.

Trying to make more money for myself and as a consequence others. quite simple really. Most wont be interested. Some might.

I trade their account like my own but expect to recieve some renumeration from Account holder if i turn over consistent profits.
 
Quote from fxtrader101:


I trade their account like my own but expect to recieve some renumeration from Account holder if i turn over consistent profits.
More...

If you are treating their account like your own, are you also going to share in the losses as well? Somehow I doubt it.
 
Quote from fxtrader101:

*Will trade upto 3 accounts, no more.
More...

Are you saying you will trade totally not more than 3 clients' accounts maximum, including the below ones that would be introduced by the first client(s)?

Quote from fxtrader101:

*if you are happy, please introduce others etc.
More...
 
Quote from Trader273:

If you are treating their account like your own, are you also going to share in the losses as well? Somehow I doubt it.
More...

my own account will show a loss just like theirs. I trade their account like my own.
I place the trade in my account. I place hte trade in their account. I place the same stop and target and pyramid if profitable.

Everything is the same. Quantities will be different but proportions are the same. Im comfortable with 10% position sizing. It has worked for me in the past and will work for me moving forward.
Im making more money by trading a larger capital base than what i could manage. Very simple really.
 
Quote from fxtrader101:

*1 Trade maximum per day.

*Will be predominantly trading GBP/USD
More...

Would you mind to share some of your actual trades that were entered last many days?
 
Quote from OddTrader:

Are you saying you will trade totally not more than 3 clients' accounts maximum, including the below ones that would be introduced by the first client(s)?
More...

3 accounts maximum. Assuming the first client is number 1. I would trade a maximum of 2 additional ones.
Whether they are introduced by the first client or not is of no consequence.
 
Quote from fxtrader101:

my own account will show a loss just like theirs. I trade their account like my own.
I place the trade in my account. I place hte trade in their account. I place the same stop and target and pyramid if profitable.

Everything is the same. Quantities will be different but proportions are the same. Im comfortable with 10% position sizing. It has worked for me in the past and will work for me moving forward.
Im making more money by trading a larger capital base than what i could manage. Very simple really.
More...

Your clients would never be able to check or verify the truth!
 
Quote from fxtrader101:

3 accounts maximum. Assuming the first client is number 1. I would trade a maximum of 2 additional ones.
Whether they are introduced by the first client or not is of no consequence.
More...

That doesn't make much sense when the AUM from all 3 clients will be just too small! Besides the market should be basically quite liquid!
 
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