managed accounts

FXSCALPER2

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Following an attempt to make live trading calls here, I came up with an idea for anyone who is interested to participate in the trades I take. My scalps are too quick for me to post any trades here, so it is not practical. What I have done is set up an FXMANAGER account at Oanda. This will not be linked to my real account yet as they need to observe how I do on the FXGAME platform for managers before they approve the real thing. Here is the link. Click on it and sign up for a demo account. I have never done this before but I told it is very easy. They allocate 100k demo money I think and you allocate some of that to be managed by me.

https://fx2.oanda.com/ma/landingpad_signup_ma.shtml
 
Following an attempt to make live trading calls here, I came up with an idea for anyone who is interested to participate in the trades I take. My scalps are too quick for me to post any trades here, so it is not practical. What I have done is set up an FXMANAGER account at Oanda. This will not be linked to my real account yet as they need to observe how I do on the FXGAME platform for managers before they approve the real thing. Here is the link. Click on it and sign up for a demo account. I have never done this before but I told it is very easy. They allocate 100k demo money I think and you allocate some of that to be managed by me.

https://fx2.oanda.com/ma/landingpad_signup_ma.shtml

wrong link go here:
https://fx2.oanda.com/ma/landingpad_signup_ma.shtml?makey=BVUBB1JWHQcYRRYWDVBcSB4PRB5ESgoQCkQ=
 
Have you at any point posted your trading after the fact?
Or at least returns of any kind?
 
Have you at any point posted your trading after the fact?
Or at least returns of any kind?

http://www.trade2win.com/boards/general-trading-chat/44030-live-trades-2.html

Check out post #16. When I am bothered to do it, I will post more trades. I am inviting people to participate in a simulated account, which is by far the best way to find out how things work in real time. The beauty of it is, it will cost me nothing as the trades are done in one click for all accounts in the managed fund.
 
trying to get it all setup any tips on how i can allocate it :eek: its too late (2) be stabing at keys blindly while lying in bed il give it a try tommorow 50% of the 100k for you and 50 for me to fo better then you with
 
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You need to add funds first, then logout and back in and you should be able to allocate.
 
If no one else is up for this I'll bite...

take care of my 100k now y'hear

Will do. This is actually very intersting given I basically just trade my account and everyone else's gets triggered. Mind you, right now I am trading my own real account and this game managed-account. So the performance should be affected a little what with having to juggle and all.

I will post all trades after my day ends so you can all see how thing are going.
 
Will do. This is actually very intersting given I basically just trade my account and everyone else's gets triggered. Mind you, right now I am trading my own real account and this game managed-account. So the performance should be affected a little what with having to juggle and all.

I will post all trades after my day ends so you can all see how thing are going.

i understand this is possible with a few brokers and even some of the sb firms (GFT, Futuresbetting), will open an onanda acc then look forward to seeing how it gos.
 
And here is the day's activity. You will notice the balance 100k less that what you see on my previous post. That is because someone deposited money after I finished trading.
 

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Want more money? I have about 80k in an Oanda account.

Not particularly. I intend to set it up to trade other people's money for real. All I have to do is trade my own single account and every other account gets traded that way provided people sign up and allocate some funds to be traded for them. Bloody Brilliant it is!
 
How does it determine size? Is it proportional to the account?

i.e. if someone gives you 100k to trade and someone else gives you 1k will the trades be taken with different size automatically?
 
How I trade these accounts

I am not going to do a sales pitch or any marketing bollox. If people want to make some money, they can sign up.

I usually use a 5 pip stop including spread. Apart from slippage, I do not take more than a 5 pip loss. I trade with all the margin available at 50:1 leverage. If I want to take less risk, I keep everything constant and just reduce the leverage or trade with a fraction of the allowed margin.
 
How does it determine size? Is it proportional to the account?

i.e. if someone gives you 100k to trade and someone else gives you 1k will the trades be taken with different size automatically?


Yes, that is exactly what it does. Look at the following. When you look at the two together, you will see it is all proportioned in terms of %. This is very well thought through.
 

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How do you make any money out of this? Surely you'd want a percentage cut or something?
 
I am not going to do a sales pitch or any marketing bollox. If people want to make some money, they can sign up.

I usually use a 5 pip stop including spread. Apart from slippage, I do not take more than a 5 pip loss. I trade with all the margin available at 50:1 leverage. If I want to take less risk, I keep everything constant and just reduce the leverage or trade with a fraction of the allowed margin.
fxscalper - its called PAM (percentage allocation management).... most of the sb firms should offer it. you'll find it hard to get a payment from any of the sb firms you deal with tho as you need to have a lot of regs in place. you may be able to negotiate some kind of introduction payment for the accounts you bring in, but taking a pip share or percentage of profits will be very difficult unless you have some kind of private agreement in place with the "friends and family" you're trading for... certainly the sb firms will be reluctant to have an I.B agreement with an unreg'd uk trader trading for uk domiciled people... good luck with the trading (tho not too sure how much luck has to do with your trading style - more of a fast finger and a deep breath ha ha)
 
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