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Forex Invest Fun...
post Mar 19, 2012, 11:36 AM
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post Mar 19, 2012, 11:36 AM
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Hi, I'm new to this forum and also new to InstaForex. Been looking for a good PAMM Account service and I've seem to have found it.

So I'm here to introduce my PAMM Account as a Trader. Fresh of the Press as they say. I started the account last week, but I thought I introduce it so long if someone is interested in following me before investing.

My trading style is quite simple. I trade price action and patterns within a trend channel. My goal is to make 0.5-1.0% profit per day, risking no more than 2% per trade. Some days I might trade more often if more opportunties present itself. My service is for investors who's looking for short to medium term investment with medium risk. The max draw down/loss allowed on this account is 20% so you will never lose more than 20% if you stick to my lot size/account balance ratio. I suggest you try my service with a $100 account first.

My monitor page is here - http://instaforex.com/pamm_monitoring.php?trader=2057887

Questions welcome.

Regards,



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Forex Invest Fun...
post Mar 19, 2012, 02:00 PM
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post Mar 19, 2012, 02:00 PM
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Banked 1.5% profit for the day, which means I've reached my daily target and will continue trading tomorrow morning.

This is actually one of the things I had to teach myself and it took a lot of discipline. Set a daily or weekly goal for yourself and once you have reached that goal close your trading chart and walk away. Don't get greedy. Tomorrow will bring new opporunities!



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Forex Invest Fun...
post Mar 20, 2012, 08:57 AM
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post Mar 20, 2012, 08:57 AM
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+1.0% for the day. Will look for another opportunity this afternoon otherwise trading will continue in the morning.



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Forex Invest Fun...
post Mar 21, 2012, 12:43 PM
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post Mar 21, 2012, 12:43 PM
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Today was a bit up and down and then again up and down and at the end up just about 2% for the day.



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Forex Invest Fun...
post Mar 22, 2012, 08:59 AM
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post Mar 22, 2012, 08:59 AM
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+2% for the day!

Trading will commence tomorrow morning.



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Forex Invest Fun...
post Mar 22, 2012, 06:00 PM
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post Mar 22, 2012, 06:00 PM
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Lower Risk has been implemented. Now risk only 1% per trade. Max draw down / account loss is 20%.

ALL TRADES WILL BE CLOSED IF A 20% DRAW DOWN / LOSS IS REACHED ON ACCOUNT

After seeing how many pamm accounts were blown and how many investors lost their money I've decided to lower my risk/exposure per trade. I will also close all trades and completely stop trading if my account suffer a 20% loss until the investment period has passed and my investors have taken out their money.

This is quite important to me as this is not only my safety net, but also my investors safety net. My daily ROI might slightly drop, but rather take home 3 - 5% per week than nothing at all.

Although a lot of promises are being made here I would like to say that I'm here for the long run. If not in profit then with limited loss :-)

Regards,



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Forex Invest Fun...
post Mar 23, 2012, 07:33 PM
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post Mar 23, 2012, 07:33 PM
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And this bring us to the end of my 1st week running my PAMM Account here at InstaForex.

Profit for the week = 16.60%

Had two draw down in equity, which is well within my allowable 20%. As mentioned in the previous post I've lowered risk so let's see what next week has to offer.

Questions welcome

http://instaforex.com/pamm_monitoring.php?trader=2057887



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Forex Invest Fun...
post Mar 24, 2012, 06:09 AM
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post Mar 24, 2012, 06:09 AM
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Forex Invest Fun...
post Mar 28, 2012, 05:11 AM
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post Mar 28, 2012, 05:11 AM
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Moving towards the end of week 2 I'm quite happy with my results thus far. Remember, I'm not here to double your money within a month or two, however, I believe the statistics below should be satisfying for any investor.

You will also notice that the Investment Period is only 5 Days. This I will change in the future, but for now I'll keep it 5 days so that investors can get in and out quickly while experiencing my trading strategy.

Questions welcome!




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Forex Invest Fun...
post Mar 28, 2012, 08:28 PM
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post Mar 28, 2012, 08:28 PM
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Happy to have ended the day +2.84% with 2 days left for March and ROI thus far 31.75%.




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Forex Invest Fun...
post Mar 29, 2012, 06:10 PM
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post Mar 29, 2012, 06:10 PM
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Thought about this a long time and I've decided to make min investment $10 for the month of April in order for potential investors to experience my forex trading. After that min investment goes back up to $100.

Min investment period is still 5 days, because if I cannot make you money in 5 days my strategy is not worth investing your money.

Questions welcome!




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Forex Invest Fun...
post Mar 31, 2012, 07:27 AM
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post Mar 31, 2012, 07:27 AM
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And this brings me to the end of week 2. Below are some stats to look at. What I would like to point out is the max draw down, which is below 15% and ROI so far is 29.10%. With max allowable draw down at 20% I would like to stress the fact that that my strategy needs only 2 weeks to run without any loss on investment, ie: Max DD allowed before trading stop is 20% therefore if ROI can exceed max DD within 2 weeks it means we have NO Risk trading there after. Only new investors have to risk 20% of investment and nothing more! Some might differ with me, but I would think that's acceptable risk for the kind of return you can expect.

Anyway, stats below and questions welcome!




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Forex Invest Fun...
post Apr 2, 2012, 07:02 PM
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post Apr 2, 2012, 07:02 PM
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What a great start to the week! When the GBPUSD challenged 1.6000 for the 4 time since Friday I just knew here is an opportunity to bank some profit - and I did bank 2.45% for the day! Just one of the many reasons why I prefer price action and patterns over technical indicators. Anyway, 4 days left to the week...let's see how it goes...

Regards,



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Forex Invest Fun...
post Apr 3, 2012, 06:48 PM
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post Apr 3, 2012, 06:48 PM
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And so I've reached my draw down I was hoping to avoid, but a good thing I had a safety net. Slipped a bit on GOLD and ended 30% down. Trading stopped. I will continue shortly - a fresh start. I'm still glad to have made close to 20% profit after orders were closed.

I'm starting also new PAMM Account with my Auto WOMP strategy. It's been going strong for 11 weeks now with ZuluTrade so I'm introducing here later. Very solid with also 20% safety net.

Regards,



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FX Invest Fund
post Apr 12, 2012, 02:48 PM
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post Apr 12, 2012, 02:48 PM
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So, here is my return...

20% profit per day will double account each week. By Friday the 27th of April my account balance will be $100.

Investors can then invest, only $10 for 1 week. Investments open Monday before 04:00 GMT and payout Friday. This trading strategy I've addopted does not use a stop loss therefore you can lose your investment, but you can also double your account in a week

But, 1st lets try and build $2.50 to $100.



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Forex Invest Fun...
post Apr 13, 2012, 07:12 PM
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post Apr 13, 2012, 07:12 PM
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So I was up to $12.50 and then 1 pip cost me my daily TP and from there on it was downhill and I'm back to $2.50.

But, this was expected as I trade HIGH RISK every trade. I'm trying to double my account every 3 - 4 days so I have to put it all on the line. I've done it before and I'll do it again. Coming Monday I start with $2.50 again. If I can trade successful for 2 weeks I'll have + - $38 in my account. If I can do the same for another 2 weeks I'll have + - $580 in my account! And I only trade twice per day scalping 5 pips per trade plus I get 1.3 pips rebate from cashbackforex.

Look at this:

Start Amount $10
Week 1 = $30
Week 2 = $93
Week 3 = $284
Week 4 = $867

Some might say I'm insane, some might think this is just a hyip. I'm here to prove that this risky forex business can be turned into a profitable money machine. And the good news is anyone can do it with only $10. And the even better news is you can try 10 times before you have spend $100! I bet you already lost $100 on your first deposit within your 1st week of trading... I did...

Once I've proven myself here you can invest $10 in my PAMM account at InstaForex and ride this money train with me. And if we fail we simply try again and again. We only need one good run to bank $860 with $10 starting capital. BUT, let me first proof myself. I'm putting my strategy on the line here. Please no negative comments... let me show you first what I can do and then you can criticize my strategy.

My trading strategy: I use two MTF Stoch indies on EURUSD M15 chart. The one stoch pick up M15 and the other H1. As I said I scalp 5 pips only and trade twice per day. I make 10% profit per 5pip trade plus 2.5% cashback rebate. Two trades + rebate gives me 25% per day. That is all I need!

Looking forward to Monday week!

Have a good weekend!!!



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rourkem
post Sep 14, 2014, 03:08 PM
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post Sep 14, 2014, 03:08 PM
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Hi. Sorry to bump up this old post but I was just looking around for strategies that might have worked. So how did this worked out for you?
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