Thread: Looking for 1 Investor...

Hi,

I'm looking for 1 long term partnership with an investor who is willing to put down $5000+ and open a Forex account preferably at http://oanda.com/ (I prefer there trading platform) and would intrust me to trade their account for them.

Im a long time speculater of the foregn Exchange market on and off for more than 3 years.
I have a stratedgy that could possibly yeild up to %50 profit a month.

My goal is to make %10-%50 a month.

I would charge %8 only from profit made payable every month/or quarter.

Please pm if interested.... looking for serious investors only.

Have you been trading. SPECULATOR could mean a lot of things.

You may want to give your potential investors a little trading background.

We traded for 3 years before taking it public.

Hi,

No, I never traded a real account before, if I have I probably wouldn't be here.

I've been Speculating, watching over the Forex market for more than 3 years, Ive even bet/ at BOM , almost doubled my money (took more than 3 months) and moved that money into PIPS In August 2004.

I did try a demo account too when I first learned about forex 3 years ago, made about %17 profit in 5-7 trades, I didn't continue trading it, as trading fake money is discouraging for someone like me that knew what I was going to do if I traded real money and allready had some knowledge in predicting market movements.

You said it took you 3 years, basically what that means to me is that it tooks you 3 years to feel comfortable/confident with your trading style, money management, and the ability to understand market movement using charts/indicaters etc..

Well I'm tired of people comparing this and that , as if everyone is the same. I keep hearing at oanda forums that it'll take years before you'll become profitable in the forex market. Thats true for most people, but most people dont have confidence or the knowledge to predict basic market movement or take years to finally understand money management. However predicting market movement is not as important as money management. Money management is the key to any successful trader. You can have as many as 1 winning trade and 3 losing ones 1/3 and still pull out a profit as long you have a good money management strategy in place.

Ive been observing this market for years. When I was betting at bom I looked at the charts everyday, staring at the charts everyday gave me some knowledge of predicting market movments and thus successfuly getting %60-%75 winning trades.
The reason I stoped is becuase I felt it was too stressfull, and felt I didn't have full control over my money compared to if I had a real forex account ( I was playing DOUBLES). So Instead I put in PiPs.

Now we know what kind of position PIPS is currently in, so here I am now.

I feel fairly confident in predicting market movements, I have a good trading strategy/money management in place, that I feel confident I can return atleast %10-%50 every month.

If anyone is willing to trust me, you could possibly be well rewarded. I'm pretty sure If I had my own start money I wouldnt be here, but since I dont; now is a good time to take advantage of this opportunity to a potentialy successfull trader.

I had plenty of confidence in the first year. I said we opened to the public after 3 years.

You can have all the confidence in the world and still BLOW OUT a cash account in a couple of days.

Observing the market for years?? I would suggest continuing with a demo account for a while.

Not too many people will take you seriously until you can show them what you can do......even if it is with play money. Don't know too many people that will put down $5k, off of speculating the market.

Originally Posted by Money Duck

I had plenty of confidence in the first year. I said we opened to the public after 3 years.

You can have all the confidence in the world and still BLOW OUT a cash account in a couple of days.

Yes, I hear that all the time. People in that catogory are the ones who get greedy and dont have any money management. Even after having expeirence in other markets alot of people still lose (%95 lose money their money I believe) either becuase of bad money management or having more losing trades than winning ones. There are even people with some years in the Forex market and still dont know when a pair will go up or down, majority of these people are part time traders.

I've been fortunate enough by observing the markets. I found out that you dont need all those fancy indicaters. With all my days observing the market the only thing you really need are candlesticks and ability to place trend lines in resist/support areas where if the market moved againts it, it will start a major trend.

I dont know what indicaters your using, but all Im going to say is that the 5min/30min/1hr Candlesticks charts is a daytraders best friend!

All I can say warcraft is good luck...

Not that I don't think you have the best of intentions here but, the bad spelling in your posts don't lend you any credence, sorry.

And by the way, I like warcraft too; it's a great game!

/shred

Ah thanks, btw english is my worst subject.

I got some interested people, but I think I'm just going to forget about trading for someone else.

To those who having trouble finding good entry points in the market, heres a tip....

One of my stratagies were to buy limit orders at a certain point below support levels, or above reisist levels ...whichever you think the underlying pair will move. Whatever you do, dont buy limit order exactly on the support/resist levels as the underlying pair might reverse. Placing limit orders 10-15 pips away from support/resist levels would be ideal.
NOTE: You would have to be efficient at knowing support/resist levels on your own without having to use other peoples info (You can use other poeples support/resist levels for reference compared to your own ofcourse). Although personaly I wouldn't use anyones elses support/resist reccomendations.
Theres usually 1 or 2 big moves a week in EUR/USD, GBD/USD and others... The trick is to find the right support/resist levels.

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