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My background

My name is Andrew Vorobyov (26, married). My contact details. My primary specialty is PHP programming, but I think it’s time to change my career and this is why.

I started to trade on stock market when I was 19 years old. For 6 years of my trading I was in different situations. At the 1st month of trading I did 1000% on FOREX market but by the end of the next month I lost my first deposit.

Another 3 years I spent in loosing more money and analyzing why this was happening to me. Finally I came to this point where I had begun to understand how to make profits on the stock markets. Now I have set of rules that help me during 2 years to earn money.

I was managing $700K account during last 2 years with my partners before I decided to open my own fund and trade according to my trading style only. You can take a look at 2006-2007 statements at Index of /

Because my fund is new my income from trading is still less then my salary and I plan to attract investors so I can do trading only (I don’t mean trading 24/7, right now I spend 2 hours a day for FOREX trading).

My biggest trading belief is that it’s better to earn $1M earning 10% with $10M, rather then to try earning 1000% with $100K.
About the fund

The nature of the fund is speculation on the differences in currency exchange rates, price fluctuation of the commodities like gold and silver.

Fund consists of the 2 independent accounts – “Monolith” and “Dynamix”. Both of them are USD-based accounts however you can allocate and withdraw in currency of your choice.

I apply almost same trading style on these accounts. The difference is in money management tactics.
Trading style for “Monolith” account:

“Monolith” account planned to have less exposure and therefore it less profitable. If you are conservative investor and enjoy slow growth of you net worth this account is for you.

* It has protective 1:20 leverage.
* I trade trends only on this account.
* Averaging of losing position is prohibited.
* Averaging of the winning position is minimal.

My target return for “Monolith” is around 35-50% per year and maximum account drawdown is set to 15%, it means if account will face 15% loss I will close it.
Trading style for “Dynamix” account:

“Dynamix” is more active account and its purpose to profit from all market situations.

* Leverage is 1:50
* Always in-market position
* Averaging of losing position is possible when applicable.
* Averaging of winning position is increased

Expected return for “Dynamix” is around 100% per year and maximum account drawdown in 25%.
Markets and instruments for trading

Fund can operate on FOREX market, gold and silver futures. Possibly S&P index in future.
Fee structure

Fund has performance fee ONLY. It means I get my commission if only there is profit on client’s account. The percent rate of the fee is set to 30% and applied monthly. Example, if client allocated $10K and fund’s performance during next month was 7% fee will be calculated like this:

* Total profit will be: $10K * 7% = $700.
* Commission will be: $700 * 30% = $210
* Net profit for client: $700 - $210 = $490

Fee is applied from profits made above so called “highest watermark”. Imagine you account was $100K at the beginning of 6th month and become $95K at the 8th month, then grew to $108K in next month. In such situation fee is applied only to $8K which is real profit from previous $100K and current $108K.
Guarantees

It’s trading there is impossible to predict future so there is risk involved. Investor takes this risk only. If you would like me to guarantee risk-free investment with my money there will be no reason for me to share in profits with you. My bank gives me credit line for 10% per year this would be your max profit.
Commission for advertising agents

If you decided to advertise this fund you will receive 10% of the profits from accounts you referred.

Profit distribution will be 70% (inverstor) — 10% (agent) — 20% (me).

Agents are paid at 1st – 2nd day of each month by PayPal or other possible payment methods.
Minimal and maximum investment, payouts, broker, safety of funds

Currently there is no minimum investment – it means you can start investing with $100, track results and decide how much to invest in next round. Currently this fund is new and I accept every investor. There is no maximum investment.

Fund is operating through brokerage company OANDA About OANDA. It’s considered #1 retail Forex trading company (forex for individuals, not banks etc.) And in top 5 list of ALL forex trading companies. OANDA holds several significant awards from prominent magazines and events in Forex trading world. OANDA is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821)

OANDA made nearly perfect solution both for money managers as for traders – FX Manager. This tool allows you to monitor your manage your investments among different money managers that use it. Track you account 24/7 – balance, equity, statements, transactions, fees. You always see your ROI and real time status of your investments.

You can deposit money by Wire, Electronic check or PayPal. Withdraws are executed the same way deposits were made, it means if you deposit with PayPal your only option to withdraw is PayPal.

There is no such thing as payouts because you control account at any time and can withdraw as much as you need at any given moment.
How to start and requirements, paperwork

If you decided to start cooperation and ready to invest you need to perform next tasks:

1.

Open account at OANDA – fill in online form at fxtrade.oanda.com and fax/email them documents that verify your identity and location. You can send scanned passport or driver license for identity verification and recent utility bill, excerpt from bank statement, cell phone bill etc. This procedure takes one day or even less if you send whole package.
2.

Submit signed Limited Power of Attorney agreement – Limited Power of Attorney is document that makes legal binding for me to trade money allocated to me from your account. You can download original at https://fx1.oanda.com/share/pdf/OAND...f_Attorney.pdf and pre-filled by me at http://vagroup.net/POA.pdf.
You will need to print it, fill in you account number, sign and fax/email it to [email protected]

Notice: Power of Attorney does NOT transfer any kind of ownership of the account in any way. It doesn’t make from account any kind of “joint account” also. You can abort Power of Attorney agreement at any moment without any restrictions, requirements or explanations.

Usually it takes around 3-4 hours for OANDA to process it.
3.

Join fund – you will need to follow invitation URL ********************/37spse for “Monolith” account; and ********************/3boef6 for “Dynamix” account.
4.

Allocate investment – after you log in to client section of the “FX Manager” system located at https://fx1.oanda.com/ma/getting-started-clients.shtml you are able to allocate money to “Dynamix”, “Monolith” or to both of them in suitable proportion for you.

Notice: You can familiarize yourself with “FX Manager” system reading some materials at https://fx1.oanda.com/ma/getting-started-clients.shtml



For more information, visit
Managed forex account at OANDA FX Manager, forex trading by Andrew Vorobyov
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rajhere