Exactly, just use family or friends..... because, as Phil's link shows, once you spend the money to open the fund, you will have to wait some years to collect a good historical performance, since legally you won't be able to use your personal ...

Setting up a forex business/hedge fund

Mmmmm...I am probably wrong, so please correct me, but I think that they would issue a margin call as soon as your total account loses more than $2,500, which is 50% of your account balance. Is that correct ? That's what I understand when most ...

Understanding the Margin Call

Here's some info.....I do not know how much of your HEDGE FUND will be based on the FOREX and how would that change some of the current HEDGE FUND rules....but here you can have a good explanation: <TABLE id=Table2 cellSpacing=1 cellPadding=1 ...

Setting up a forex business/hedge fund

I am sorry you feel this way but boy, I feel that today is a GREAT day. Actually, I felt the way you are feeling now all these past days before the FOMC announcement...but today I am loving it

Bagovino Method

Look at how my little thread is gaining interest I am so proud LOL...just joking...well not really, it's nice to see your questions being answered by so many people Anyways, I guess that we can all agree that even though the Asian session has ...

Asian Session Fear

That's impossible......if it was possible, we would all be millionaires by now. Thing is, most systems work good as long as the market is trending. Unfortunately, the market does not trend all the time, and as a result we have times such as the last ...

Bagovino Method

Well, it looks like you guys shared my same view then. Hopefully it will get better. Remember to wait for your signals to give you the ok to trade and not make mistakes just because you are impatient. Moments of chop are the worst enemy of any ...

Crazy Day Today, Uh ?

HI Kev, I saw your thread and I find it very informative, thanks. I think that especially after REFCO, knowing your broker is a MUST for any trader. As we have seen, a broker can bank with a big bank, just like REFCO and Bank Of America....yet if ...

Trading The Forex Through Banks

Well, I guess that I found the answer to my previous question....not too promising: "From NYPost April 24, 2006 REFCO'S RUINS CLIENTS CAN'T GET $$ BACK FROM BROKEN BROKER "April 24, 2006 -- Bankrupt and disgraced trading giant Refco has barred ...

Trading The Forex Through Banks

Well, one thing is still not completely clear to me. You guys are saying that most retail brokers keep our money into big banks thus we should feel safe. So, what was the deal with REFCO ? Where did they keep their customer's money ? Does the fact ...

Trading The Forex Through Banks

Monaco, thanks for the new file. I am pretty sure I spotted the problem with the first one...it was with the DRAWDOWN, correct ? It would not show the correct loss in percentage for the enitre account...... Thanks a lot Future

Risk Management - Worst Case Scenario Calculator (zip file)

StockKJay, You do not know if you helped at all ? Are you kidding me, you gave me more details than an FBI agent Thank you very, very much for your help. I really appreciate it. Well, as you can imagine I do not have 500K or a million...so I ...

Trading The Forex Through Banks

Hi man...how could it be that I am the first one to write about your tool ? Shame on them. You did a great job and I love it !!!! Thank you very much...extremely helpful and it teaches a lot. Bad trades happen all the times and you gotta ...

Risk Management - Worst Case Scenario Calculator (zip file)

I am glad that was helpful It's boring I know... I am in the same boat, especially when trading Vegas' 1hr Tunnel.....you have to be patient and wait for the opportunity to come, otherwise you'll pick a wrong trade. Many times I wasn't patient ...

beware newbie..Forex is crazy

I agree...that's my approach. Short term trading with Forex is not for me at all. I prefer swing trading. It usually takes me 1 day to close my position, but it is usually worth the wait Future

Asian Session Fear

I don't buy it, sorry. It takes billions of dollars to move a pair in your favor....maybe Trump could do it every now and then, but he's not that stupid. The reality is that Forex is risky not because of the conspiracy theory you are suggesting, but ...

beware newbie..Forex is crazy

Thank you guys for your help. The reason that I asked was that honestly I am doing pretty good when I place my trades Asian Time and then wake up with a profit (ET). Now, obviously by the time I wake up the London session is in full swing, yet I ...

Asian Session Fear