JFX, I don't work it like this in your example....I pay the 2% monthly via an account transfer...It is not capitalised, so on a $100,000 account clients receive $2,000 every month paid in to their account...My 27% per annum is for clients who want ...

Who here manages other people's money?

I return 2% per month even if I have a negative month....I still wouldn't call it risk free though...

Who here manages other people's money?

1. FXCM (haven't had any trading problems with them at all) 2. I give my clients 2% per month or 27% per year regardless of what I make. 3. No. 4. No. 5. No, word of mouth only.

Who here manages other people's money?

I do...My total capital is probably chicken feed compared to other traders around here, but yes I do trade for investors..

Who here manages other people's money?

From FXCM squawkbox 12:47 FX OPTIONS: Cable Range Option Specific London, August 30. Cable range trade to note from the US session late Wednesday - 2yr Cable 1.9000/2.1000 DNT said to have gone through @ 7.25 vs TV 0.90. Can someone please tell me ...

Cable Update (GBPUSD)

Look at the name — From Bloomberg: "Vince Cable, a Liberal Democrat member of Parliament who speaks on economic issues, said the Bank of England is right to take its time in evaluating the impact of the crisis and blamed commercial banks for ...

Cable Update (GBPUSD)

I agree Warper, I've been with live with FXCM since 2003 and generally they've been very good. Back when I started live you could even trade during the NFP release and get filled first time, not anymore though... Going back a few months I was ...

Cable Update (GBPUSD)

Nice one.. You'll miss the cricket(s) in the US..

Cable Update (GBPUSD)

Serene, This is the real reason for the pound's sharp decline: image first India team to win a Test series in England for 21 years, emulating Kapil Dev's 1986 side.

Cable Update (GBPUSD)

Hi Stefant, In my original post I did say "substantial account." I agree with you, this is not an issue with a $300 micro account You are right, I have wired a large amount of capital in to my account, but I guess it depends on who you speak to ...

Drawback of having a "foreign" broker?

Yeah nothing to worry about...I've been down about $50k and have had to hedge my account...but nothing to worry about..sure.

Drawback of having a "foreign" broker?

If you have a substantial account in another country, It can be like having a trade on with no stop loss (If you have your account in the foreign currency)...If you live in Canada and put your account in the U.S, you have basically transferred your ...

Drawback of having a "foreign" broker?

Orions Way, Nice calls on the correction/turnaround, at least in the short term anyway..I would love to read more of your long term analysis..

Cable Update (GBPUSD)

To determine a long term trend on a daily chart, you could try something as basic as a 200ma...Close above long trades only, close below short trades only...Sometimes the simple things can work.. I haven't taken in to account Trader888's previous ...

Two-Stroke System (Mechanical Price Action +300 pips per month)

Originally Posted by Igrok image Given recent price action and using some historical analogies I think I have to reconsider some of my longer-term views. It now seems to me that this year range is likely to exceed the average. Because of that, ...

Cable Update (GBPUSD)

Krishna, What happened to this prediction?? You don't seem so confident of this occurring now...

Cable Update (GBPUSD)

Krishna made a pretty good call....It's way to early to say the long term call is correct, but short term, not bad at all.. It does take some guts to come in here and make bold calls, it's just a shame that Krishna's call wasn't made with a little ...

Cable Update (GBPUSD)

Long term shorts? — Igrok, Do you still believe this to be valid?

Cable Update (GBPUSD)

That must have been hard to type that here...I'm sure it will help you in the long run. Thanks for sharing.

Money Management..keeping the money...

No volatility???? — There has been plenty of volatility around...Were you trading in late Nov? Early Mar? I do agree with you on some of your points though...For those starting out in this business it is hard to know who to trust... I guess ...

Who/WHAT do you trust?