The market has been volatile and this is an opportunity to demostrate the robustness of our program.

This is last 2 months of LIVE trading .. zero touch.

Profit: 16%
Drawdown: -2.23%
Max margin used: 21%
Average margin <5%

Click for more information ..

regards.

193 wins, no losses, large large floating loss. I could do that, but I couldn't sleep at night. Looks like you are trading with no stop loss.

I was talking to a broker yesterday about managed accounts, similar to what you're running. It seems you *love* a lot of little trades, and honest brokers don't like that because many "managed brokers" earning IB fees just collect the IB fee and run when the drawdown kills the account. This leaves the broker in a position where they aided and abetted 'legal theft' of accounts.

Do you have any meaningful response?

Well, this is a commercial section. My personal opinion is auto did nothing wrong to advertise his system here. I dont care whether he is bragging or serious. All the result here are only for reference. About the investors...hmmm... He did not point a gun at their nose. They have the choice to either choose to let him manage account, or do their own trading.

As auto always said, good EA never meant for sale; bad EA sold out at ebay with 50% modelling quality BackTest; breakeven EA shared at the forum for furthur improvement, and meant for sale at ebay in the future. For the investors, if you are seriously wanting to let somebody manage your account, please atleast make sure you know what is the meaning of Power Of Attorney, read all over again the Risk Disclosure Agreement. Double check with your country's taxation department, whether asset management fee is entitled on tax deduction or payable tax; and also whether there is double taxation if you wire back the money from the trading account to your banking account. Because you probably need to pay off the tax 1st before you send the asset management fee to your account manager. If you live in Autralia, you're in deep trouble. Because you'll need to pay off 46% government tax, and also 30% of profit sharing with auto, and also 40 bucks of wire transfer fee. Think about it 1st before you seriously wanting to grow your account. Again, I have nothing against anybody, just a quick note for those who wanted to participate in fund management. Oh yes... there is just 1 more thing...
Account manager cant runaway with your money because they're not the account owner. Get a copy of POA from your broker, read it and get your fund manager to sign it and return to your broker. In that case all 3 party will be well protected, regardless the broker themselve, you and your fund manager. The only unprotect is the risk of trading(read Risk Disclosure Agreement). The fund manager cant runaway with your money, unless they're IB by themselve and purposely doing nonsense trading on your account. But I dont see that part on auto's EA. Its doing position trading with controlled lot size. Again, the fund manager cant runaway with your money, if you dont send your money directly to their personal/company account. You send your own money to your own broker to open account and leave a password for your fund manager to operate your account.

Those fund manager with track record(live statement of atleast 3 years presentable consistant profit and low drawdown at below 3%) and the above proved registeration and local government regulation would be a big advantage and well trust performance. There is few of them I know, Quantum Global and Berksheire Heathaway

Finally, dont trade with the money you cant afford to lose. If not, you're gambling, regardless you're doing manual trading, EA trading, or letting people to manage account. Stay safe out there, pick the right choice and start your forex wealth exploration in the healthy way. Cheers.

Regards

David

not sure what gave you this idea! We have 70% wins. Some loss is normal. And with -2.3% DD and little margin use, we know our stuff.

Again, you are jumping to conclusions. Are you on the right post?

ever heard of high frequency trading - quantitative methods. can be quite complex. And 'dishonest' brokers will not like it - as it wins consistently. Please note the margin used - average is < 5%. This is a very important number - we do not care about IB fees.

In fact my account managers complain - they do not get enough rebates!

regards.

Post #1, Second Image, mc6weeksng3.jpg
193 Win, 0 loss, -3087 floating loss which is more than 1/3 of your total winnings.

The scary part is that one news events wipes the account. Reposted here for your convenience. I do agree this is in the right area, and I thank Auto for the replies. I'm a very big fan of "full disclosure" so people know what they are getting into.

So they want *more* trades?

Attached Images

mc6weeksng3.jpg (71.1 KB, 305 views)

you are again jumping to conclusions based on ... your fears? Emotion can be a killer my friend. Not every body in the world is a day trader - there is also something know an 'position trading'.

To put things in perspective .. what is the % drawdown? And what is the risk appetite of the investor? Just numbers do not indicate anything. For 60K account what is -3500 dd? But ofcourse investors who cannot take this should not invest in it.

Full disclosure is always my policy. Not all traders are suited for 'trading' - that's why most fail. Anyway that's a diff story.

MC is the long term system, the short term system BX also has been clocking 5 to 10% a month. Though both will be profitable - it's a way to diversify for big accounts.

thank you for your interest.

regards.

How many trades were open, and how many lots were open at the time you took the picture above? What was your stoploss set at, in pips?

Hi, what is the minimum investment for this MA?

Thank you for your inquiry - Sent you a PM.

regards.

Been checking Auto's results. It's legit and good.

Good job.