How To Make 5% Per Month Trading In The Forex Market

[kevo21]

Hi Guys,

I have been trading professionally for the last 8 years and currently run a trading room.

We have a group of traders, who have their own unique trading strategy and traded successfully for years.

We have decided to publish our trades in real time with fully transparency, win or lose. We will also adhere to explaining the reasoning behind each trade. This will help us and hopefully other traders within the community to learn from.

We intend to achieve at least 5% returns per month with a strict risk management procedure in place.

Follow us on this journey, as we go through the trials and tribulations of being a full time trader.

 

[Sir Pond Life Dreg]

Hi kevo21, I'd like to join you but before I do can you prove to me that you have achieved at least 5% monthly gains over the last year or two.whistlingwhistling

 

[NVP]

Hi Guys,

I have been trading professionally for the last 8 years and currently run a trading room.

We have a group of traders, who have their own unique trading strategy and traded successfully for years.

We have decided to publish our trades in real time with fully transparency, win or lose. We will also adhere to explaining the reasoning behind each trade. This will help us and hopefully other traders within the community to learn from.

We intend to achieve at least 5% returns per month with a strict risk management procedure in place.

Follow us on this journey, as we go through the trials and tribulations of being a full time trader.

Bring it dude ...bring it

 

[kevo21]

Hi Guys,

First trade is up:

11.46 CET-
Short Eur/USD 1.3083
Stop 1.3128
Target 1.3063

Let us see how this goes

I will explain the reason behind the trade after I have closed out of the position, hopefully with a profit

 

[Purple Brain]

Can you confirm those data? You're risking 45 for a target profit of 20?

Can I ask what your win/loss ratio has been over the 8 years you have been using this method? Thanks.

 

[kevo21]

Second trade:

12.34 CET-
Short Gold 1,392
Stop 1,405
Target 1,386

Again, will go through the trade setup shortly.

 

[kevo21]

Third trade:

13.35 CET-
Long Gold 1,384
Stop 1,379
Target 1,391

Let´s push Gold higher

 

[x4x]

Nice to see a rare trading thread here.

As someone else mentioned, would like to hear more about your trading stats - you seem to be working very hard for a quarter percentage point per day...

 

[x4x]

If you're trying to sell something here you'll have to try a bit harder - so far your promises and our requests all remain unfulfilled.

 

[Purple Brain]

They do seem a little reticent to expand on their methods and performance data, which would be fine other than it was specifically indicated they would be forthcoming.

The domain was created under a proxy and the website (hosted in Scottsdale, AZ) has only been up for a few weeks, contains no content other than the home page showing smart business people unlikely associated with the site. It also boasts a claim of 120% since June 2012 (a period of 10 months) which although extremely impressive, is not consistent with their claim here of 5% per month. So which is it I wonder: 5% or 12%?

Early indications show there are probably going to be no winners.

You're quite right x4x - if you're going to sell something, give the punters the data, any data, because if you don't, they'll go looking for it themselves. I have a great quote for this sort of thing.

Doubt comes in at the window when inquiry is denied at the door. - Benjamin Jowett

 

[NVP]

They do seem a little reticent to expand on their methods and performance data, which would be fine other than it was specifically indicated they would be forthcoming.

The domain was created under a proxy and the website (hosted in Scottsdale, AZ) has only been up for a few weeks, contains no content other than the home page showing smart business people unlikely associated with the site. It also boasts a claim of 120% since June 2012 (a period of 10 months) which although extremely impressive, is not consistent with their claim here of 5% per month. So which is it I wonder: 5% or 12%?

Early indications show there are probably going to be no winners.

You're quite right x4x - if you're going to sell something, give the punters the data, any data, because if you don't, they'll go looking for it themselves. I have a great quote for this sort of thing.

Doubt comes in at the window when inquiry is denied at the door. - Benjamin Jowett

hey PB

this is not your first time on trading forums is it ?...........cmmon come clean

who are you really ?

N

 

[Purple Brain]

hey PB

this is not your first time on trading forums is it ?...........cmmon come clean

who are you really ?

N

This is my first time on any type of on-line forum. I've been visiting the site for a while and realised it would be even more useful to get stuck in and participate. I freely admit to wanting to get as much as I can from the experience in order to improve my trading while acknowledging I have virtually nothing to offer in return. If I can show willing and do a bit of googling to provide background as I have done here, then hopefully the glaring disparity between my shameless information gathering and my dubious usefulness will be partially forgiven.

 

[Purple Brain]

I wouldn't give upon kevo21 just yet. He's probably been busy, will see the interest he has engendered and will respond fully to all queries this very day - especially as he appears to be viewing this thread at this very moment. Failure to do so will probably indicate that growing suspicions are justified.

 

[kevo21]

Hi guys,

I am happy to see that this thread is starting to gain some traction, since our first trade post yesterday.

First, I would like to attach the screenshots of why we entered the trades yesterday, results and most importantly, the evaluation of each trade.

Then, I would like to answer some valid comments and queries from the community.

Please provide comments, positive/negative regarding our trades yesterday. We ended the day with a nice profit, so onwards and upwards.

Although we are professional profitable traders, you can never stop learning. Hopefully this will also help some of the traders in the community.

 

[kevo21]

Hi kevo21, I'd like to join you but before I do can you prove to me that you have achieved at least 5% monthly gains over the last year or two.whistlingwhistling

Hi Sir Pond Life Dreg,

Thanks for your interest in this thread and wanting to find out more information. You can go to our new website, launched recently specifically for this service. On the results page you can find out more. Also, it might be useful to go to the faq section. Hopefully, you will find the answers to your queries.

Look forward to hearing from you.

Enjoy your trading day

 

[kevo21]

Bring it dude ...bring it

Sure NVP, that is the aim. We are positive that you will enjoy our trading setups, strategies, evaluations of each trade and some nice profitable gains!

 

[kevo21]

Can you confirm those data? You're risking 45 for a target profit of 20?

Can I ask what your win/loss ratio has been over the 8 years you have been using this method? Thanks.

Hi Purple Brain, thanks for your post.

We have a group of traders, each with their own risk management strategy and trading thesis.

Certain trading setups are based on the conviction of the trade, so the risk will be adjusted accordingly.

I have been trading for over 8 years and the other guys between 5-10 years. We have built a strong team of traders diversified in different areas.

Look forward to hearing from you. Hope your trading is going well today!

 

[kevo21]

Nice to see a rare trading thread here.

As someone else mentioned, would like to hear more about your trading stats - you seem to be working very hard for a quarter percentage point per day...

Thanks x4x, we aim to build a strong thread, purely discussing our trading techniques, decision making process, trade signals and generally the ins and outs to why we trade. Some may love our ideas, others will be critical of it. I guess this is why we love trading, the market is full of opinions.:smart:

Yesterday, we made over 4.2% profit trading with 4 different traders. Each trader has their own target, but mine is to achieve the 5% monthly mark

More trade setups will be on its way soon.

Speak later.

 

[Purple Brain]

Hi Purple Brain, thanks for your post.

We have a group of traders, each with their own risk management strategy and trading thesis.

Certain trading setups are based on the conviction of the trade, so the risk will be adjusted accordingly.

I have been trading for over 8 years and the other guys between 5-10 years. We have built a strong team of traders diversified in different areas.

Look forward to hearing from you. Hope your trading is going well today!

Thanks for your response. When you post these trade calls, whose calls are they: yours or could they be from any one of the traders working in your firm? If they can be from any one of you operating under different risk and money management scenarios, wont that be a little confusing for us?

And what of your trading performance over the last 8 years and your colleagues over the last 5-10 years, what are your historical win and loss ratios, your expectancies etc?

When I looked at your charts above for yesterday's trade I found them difficult to understand. That is almost certainly due to my low levels of experience. You seemed to be saying the first call (a eurusd) which was a loser when you posted it yesterday, wasn't as much as a loser for the full risk based on the initial stop as you pulled it prior to it hitting its stop. I'm sure I've got that bit wrong as you obviously would have posted any mid-stream changes to your trade management.


The other two trades (the short then the long) on Gold were successful and I can see how a professional trader's mind must work quite differently to us lower echelon types because to me there was no semblance of directional bias or entry/exit criteria that could be explicated let alone replicated and if I'd been trading that it would have felt like the proverbial picking up pennies in front of a steam roller. Just shows you I obviously don't have the sinews to make the professional bracket. But thanks for sharing, it's been an education.

 

[kevo21]

Hi guys,

Fourth trade is up:

14.52 CET-
Long Eur/USD 1.3121
Stop 1.3098
Target 1.3143