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Forex Exclusive Club - Wealth management for the institutional and private investor
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[QUOTE="Hooya, post: 4846, member: 2567"] Can I ask you a question? Do you really think making 700% which more than the bets traders in the world make in several years is really viable? There seems to be a lot of the "my system can make xxxx% in 2 months" type marketing going on with variouse EAs and "money managers". Naturally a % can be manipulated to show what one wants to show. If you traded one, say, FTSE futs contract and made say 100pts that would be £1000 profit. If you did it on a £10000 account that is 10% but if you did it using spreadbetting on a £1000 account that is 100%. Sorry if I sound sceptical but I am not sure that a) you could turn my $50,000 into $350,000 and more importantly b) I am not sure I would someone trading at that higher risk that allowed them to result in a 700% increase in that short a time. In my experience, when trading too large, if you can make x% in a certain time then more often than not you can lose x% in half the time. Basic maths. [/QUOTE]
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