No problem. Thankyou for helping to collate this information in the Scammers thread. Just trying to do my bit to help when I can find the time.

AccentForex Market Analytics

Can you please elaborate on what is going on here: url You run PAMM accounts don't you: url image and what is your relation to the PAMM account loss here: url

AccentForex Market Analytics

image

(binned per thread starter’s request) Become a Market Shark

I know very well how to trade. My point was that pips are not a meaningful measure of performance. Sorry you took it the wrong way. Enjoy your pips, I'll stick to percentages.

How many pips does a "successful" trader collect weekly?

Not messing. I've probably got it wrong because I don't track pips. What about this theoretical scenario: Trade 1 -------- 0.01 lot - 100 pips take profit - 10 pip stop loss - I win this trade therefore I have gained 100 pips and $10 Trade 2 ...

How many pips does a "successful" trader collect weekly?

How can tracking pips be used as a performance metric when it's possible to gain pips while losing balance and vice versa?

How many pips does a "successful" trader collect weekly?

I wouldn't know what pips I've made. My trades are always different lot sizes, so 1 pip on one trade will be worth more/less than 1 pip on the next trade. So a 50 pip trade could earn more than a 100 pip trade. 1 lot at 1 pip is going to be worth ...

How many pips does a "successful" trader collect weekly?

No problem. Sorry, but no. That spreadsheet was purely done to demonstrate that Rmk90's calculations were correct. If you want more functionality from it then start learning Excel. I'll give you a hint. A simple lot size calculation formula can be ...

Scammers - Hall of Shame

Rmk90 is correct. Try using the projection spreadsheet I have attached. I already plugged in $10 start balance with 10% per day compounding rate for you. For a comparison, my daily compounding rate is 0.122% per day. So, you're compounding nearly ...

Scammers - Hall of Shame

image GhostBiker - Demo Account - BCFX Broker - 76% drawdown - 1.04 profit factor - Commission plus swap fees are -$10957 while equity minus deposit = $5742 Currently has 49 trades open. 40 of those trades are each over 300 pips in loss. People ...

Scammers - Hall of Shame

FF could go a long way towards improving the 'Commercial Member' status to something that is actually as useful as the name implies. When I go to a commercial business, I am expecting a certain level of proficiency by the staff at that business, not ...

Scammers - Hall of Shame

Why did you delete your previous post?

Trading "business?" what is your turnover and profit margin?

Why did you delete your previous post?

Trading "business?" what is your turnover and profit margin?

Thankyou for your offer, but I will respectfully decline. My intention by posting here was to address your opening post and demonstrate that it is possible to consider Forex as a business and give some details as to how I went about doing it.

Trading "business?" what is your turnover and profit margin?

Looks good, although the drawdown in 2008/2009 is a bit bigger than I would be comfortable with. I would probably use 0.5% unit size until you've doubled the deposit, then gradually scale up to the 1% unit size. Just my opinion, maybe you are more ...

Trading "business?" what is your turnover and profit margin?

I am using GlobalPrime, Pepperstone, and AxiTrader. I'm using one server which is located in New York.

Trading "business?" what is your turnover and profit margin?

Cheers AUD/CAD only. Primarily because of no sudden moves and the limited historical range. I keep 20% of our capital in trading accounts. Another 20% is in other low to moderate risk investments. The remaining 60% is in bank accounts. I make ...

Trading "business?" what is your turnover and profit margin?

Here's a quick rundown of my last 12 months. Compounded return is approx 60% and it's an average year for me. Some years I get more, others less. At the moment I have 3.7% of my balance tied up in current trades. This is on a six figure live account ...

Trading "business?" what is your turnover and profit margin?

He does seem to have disappeared. Previously he tried to use redoktober as an excuse to hide his trade explorer, wtf... Now he hides his trade explorer, and himself. That'll be the shame kicking in. So, yeah I'll bet that he blew the account. How ...

Scammers - Hall of Shame

image

Scammers - Hall of Shame