Any good traders want to trade my account?
There seem to be alot of them, but very few that you can make reliable web contact with. You can get me on layresearcher (@) yahoo.com.au or on skype or yahoo messenger at username layresearcher
I am just curious whether I could be doing alot better paying a competant trader to do the work.
if they are good then why do they wanna help you make money instead of making money for them ?
learn the game help yourself. 
or let put dis one way i trade your account i take 25% return, you take 5 %
sound great ? if else, i dont care. what do u think …nah nah nah right
Good morning,
I’m so glad somebody else brought this up and not me:
if they are good then why do they wanna help you make money instead of making money for them ?
Two very simple answers:
Believe it or not there are actually SOME people around that ACTUALLY WOULD LIKE to help new traders to NOT ‘lose their shirts’. There is ABSOLUTELY NO REASON for a new trader to repeat the mistakes that others have learned the VERY hard and costly way!!! You obviously (probably) do not know who I am but suffice to say I’m the ‘Parabolic SAR - that’s all!!!’ ‘chap’ and now the ‘Trading Systems in ‘New Concepts In Technical Trading Systems’ by J. Welles Wilder’ ‘chap’. Up until the end of last year NOTHING I did ‘worked’ for a variety of reasons (all of which are very well explained and detailed on both threads). This year things have ‘turned’ for the better CONSISTENTLY (and THAT is the ‘key’) and I’m only too happy to help other new traders to NOT go down the route that I did last year. Most people don’t HAVE the resources and credit that I had available to me last year so they don’t have as many ‘chances’ as I had to keep wiping accounts out and starting over and ‘buy the time’ that it’s taken me to ‘finally get it right’.
AND
Profit (and greed no question)!!!
You sell yourself short my friend!!! I (we) guarantee a client a 10% gain on their starting capital for a minimum three month period and our commission is 50% of any gains over and above the 10% guarantee and my (our) clients are STILL happy with that!!! EVEN the minimum of 10% is STILL over 100% per annum so the fact that my (our) commission is so high is of little or no consequence to the client I can assure you. OBVIOUSLY it is in my (our) interest to make more than the 10% so the arrangement works well. Of course the question is GOING to be asked: ‘Well if you’re doing so well then why do you need to trade other peoples money?’ Again: another simple answer. There is only SO much I (we) can make on a certain amount of my (our) OWN money i.e. sticking ‘religiously’ to certain money management rules means that I (we) can only trade a certain percentage of your my (our) OWN money at any one given time so this limits my (our) profit potential. So: in order to increase this profit potential you open a business and perform the exact same trades on a clients account as you do on yours and now you’re making NOT only profit on your own amount of (finite) capital but the commission on the clients accounts as well.
Oh and by the way:
I (we) would not ‘trade your account’ i.e. you’d have to open a ‘managed account’ and your funds would go into one of my (our) brokers accounts for a variety of reasons BUT the two MAIN ones being: a) I (we) have NO guarantee that I am (we’re) ever going to see cent of our commission because if the account is in your name no broker will alow me (us) to make withdrawals on the account and b) depending on which country you are resident you may or may not be able to trade anything other than forex pairs.
Sorry: as harsh and ‘untrusting’ as the above may sound I’m (we’re) in this for the money and not for charity!!!
Just thought I should be clear on this.
Hey Dale,
Glad to hear you are doing so well these days. I remember last year you having a lot of trouble and losing a lot of money, or so you were saying. Have you managed to make all that money back? If you have, that’s great, and yeah, everyone has some troubles at first but its worth it in the end eh?
Heeey!!! Long time no ‘hear’!!!
Yup: things have turned now (consistently) BUT no: I am FAR from recovering the losses from last year BUT SLOWLY I am getting there (I reckon another twelve months or so (ABSOLUTE MAXIMUM) (at my current minimum monthly percentage gain on capital) should do it (withdrawals aside of course). And yep: DEFINITELY worth it in the end. Lot’s of VERY expensive mistakes BUT lessons nonetheless THOROUGHLY learned!!!
I am able to trade your account. I offer similiar returns in that the 1st 10% a month is yours and then we split 50/50 the rest. Y:rolleyes: ou can open your own account and then just pay me what you owe at the end of each month.
nzpenny, you’re from kiwi land too? Are you using a local broker or just one overseas? I was looking at going with oanda but didn’t know if it was worth looking into a local broker instead.
Hey,
I’m from Kiwiland too! Good to see fellow kiwis in the forum.
Sure, from what I’ve heard Oanda is excellent… but how about something more local? After doing a bit of research, I reckon cmcmarkets.co.nz would be a good choice. Not only do they offer FX, but also CFD’s on commodities, index’s, stocks etc. They also have an office up in Auckland so you are likely to get more localized service from them.
I haven’t signed up with them yet, but do plan on doing so within the next 2 months.
Cheers,
Tom
Great, i’m not going to be live trading for a nother 3 months or so(only just finished the pip school) so let us know how you find them if you do decide to go with them.
Actually i live in oz. I am with
Alpari. I have been unable to find any good brokers in oz or nz. I also would love a local broker
Please dont give your money to someone else! I know its nothing to do with me but this just sounds crazy. You can learn to do it yourself and become a good trader instead of relying on someone else.
Why dont look at investing in index funds. If youve got a bit of money then instead of giving it to someone youve found ona forum maybe give it to a reliable proffesional fund manager. Seems a bit safer to me