I don’t really know where to place this post so it ended up here. I am not a scammer but a real/honest person with good intentions. I’ve been trading crude oil futures for the past 8 months with a system that i developed, the first 6 were on a demo account and the last 2 were on a real account but with very small money.
I never risk more then 3% of the total capital on a position and have been able to get an average weekly return of 23% profit. I do not have a lot of money but very much believe in my system and hope to someday make this my full-time job.
I am looking for investors and hope there are people who are willing to help me and are interested in getting a very good return on their money.
As i said earlier i am not a scammer by any means and write here with honest/good intentions so people who are interested can send me a visitor message so i know you are interested and ill return them with my email address so we can talk…
Thanks for reading.
I guess my take on the situation is, I started a mini account in the forex market a couple months ago. I understand, to some degree, where the poster of this thread is coming from. I, however, don’t understand the need for investors, as Gunner points out.
So, if you are adding 23% of your account back to your account weekly, why not make your money and give to charity what you would pay in taxes as most charitable donations are write-offs. Plus, this gives you the freedom to choose where your money goes, rather than making a larger donation to your dear old Uncle Sam. Yes, you will still have to pay taxes, but taxes less what you made in deductible donations to people that can use it. People like St. Jude’s Children’s Hospital or Make a Wish Foundation…
Don’t be greedy is all I’m saying. Spread it around. If you really want to help someone, take some of your profit, open an account in a relative’s name and ask them to sign a limited power of attourney to allow you to trade it. Share your success with your parents or siblings…
Good luck with that, but most people here have already chosen their own investment, atleast as far as I can see.
I guess you are right and i am getting greedy, my system just takes a lot of time and energy and doesn’t make a whole lot of profit yet(dollar wise) since i have a ridiculous small account. All i was hoping to do was to jumpstart my account balance so it would be a little easier to justify spending this much time and effort on trading,
Thanks for the advice though and i think ill just be patient and keep compounding my little account for while…
Maybe you could get a job and quit after a couple days.
If you started with $500 two months ago and are averaging 23% a week, you would be up to almost $3000 by now, and $14,000 two months from now. Six months from when you started you’d be at $72,000 and two months after that you’d break a million.
So in other words, no one is going to believe you, sorry. If your system were as good as you say it is you wouldn’t need anyone else’s money.
23% a week is possible, but if you were doing that, i’m sure your friends and family would pony up the capital to get you going, so you would not be looking for investors on the net.
I want to know if that 23% can be possible if I use an strategy with indicators and EA, I mean, I know my indicators are not for TF short, but it can be work for every 2 weeks?
Pecentage increases over a short while mean literally nothing. I increased my account today by 101%, because I saw a trend I was relatively sure would continue and traded a pip value far out of the norm and potentially risked more.
If you do 23% a week for a couple of years, then you have something and you wouldn’t be worried about investors. As others have pointed out, with the power of compounding a consistent %23 percent a week can turn a small sum into small fortune. Just put together an excel spreadsheet and enter compounding calculations based only on wins and your account balance +3% every trade. You’ll see it quickly gets rediculous, and this is where a lot of people get that trading is for getting rich quick.
8 months sounds like a long while, but you didn’t tells us much about your risk and your trade value other than you risk no more than 3%. So, there would be a lot of details left to be desired for anyone that would want to invest. Any sane investor would also want a some sort of track record, and most try to guarantee between x & x return. I’ve read about a couple of guys that did just what you propose, but they first took their account and proved they could produce good results.
Also, no one in their right mind would give money to an individual to invest who has been trading live for only two months.
Pecentage increases over a short while mean literally nothing. I increased my account today by 101%, because I saw a trend I was relatively sure would continue and traded a pip value far out of the norm and potentially risked more.
Im sorry to have asked, all i was hoping for was to jumpstart my account so i good turn my profits into some substantial amounts of money fast… I guess looking at the reactions that was a totally stupid question and ill keep compounding my small account and try and make it myself…
So as i said im sorry i asked so i hope we can consider this topic closed. I will start updating my trade results once a month from now on (with copies of statements of my real account) not because im looking for investors anymore but just to prove that i had no bad intentions and was truthful.
I wasn’t trying to argue with you or trying to imply you had any bad intentions. I was just pointing out some things.
Try to get the urge to make a lot of money fast out of your head, that’s greed usually and can potentially lead to bad trading choices and will skew the information the market is showing you.
Seriously, set up an excel spreadsheet for compounding. You’ll see why the phrase, “get rich slowly,” is often used around here. Also, keep track of your trades with a trade journal. It’s very likely that you’ll learn a lot about live trading simply by trading and paying attention to mistakes and tweaking your strategy. I’ve only been trading live as long as you, I know I’ve grown as a trader by leaps and bounds. I atribute that to three things: Babypips, “trading in the zone, by: Mark Douglas,” and my trading journal, which points out every mistake I made as long as I’m honest with myself about it.
Sure there are a few guys that made a lot of money quickly, but the downside of that is that it is just as easy and more probable that you will lose money that quickly. I’d certainly rather have a slowly inclining equity curve that compounds, than a wildly spiking one.
Good pippin, as they say. I honestly hope that your regularly 23% weekly increase is consistent. Break a leg, hell break both legs.
How about you go and get a job. This post should be deleted…Making 23% per week for 2 months and you want investors?:mad:
You said you have a small capital and you make 23% per week but the results in terms of dollar is not worth it, which means you are practically broke. Only invest what you have and can afford to lose and its obvious you don’t even have any much less any to lose…Pathetic:mad:
yup, anyone interested in forex comes across their fair share of systems that promise or guarantee high fixed returns…I suppose we have a natural bias against “sounds too good to be true”.
If I believed I could turn even 1% or more a MONTH, it would be worth my time to max out my credit cards into my trading account and reap the percentage difference. So you either don’t believe in yourself or don’t have good credit, which is a shame either way.
You better off with your own money to start with. Less pressure if you ask me. So, if you still have another job, stick to it for the time being. Compounding your own equity is a far better option than looking for investor.
Meanwhile, you can hone your system … or maybe your execution of your system.
It’s not stupid to look for ways to boost up your starting capital. But for the shake of your peace of mind, you’ll be far better piling up capital with your own money.