Paid help for newbie forex investor

annawen51

Junior member
13 1
Hi,
I am 27 newbie and planning to invest some savings of about 120k. I chose forex market to invest a part of this .
The aim is to target about 5-10% ( approximately/hoping/dreaming) return monthly. I know I wont make money in all months.
But I want to use a tighter risk management to protect my capital
Help (Paid) I need :
1. Can you help me in developing a strategy for finding people to follow in social trading sites like etoro, zulutarde , currensee, tradency – This can be hourly pay or a profit sharing job .
2. If you offer a managed account or PAMM account I will be interested but I will need verifiable track record


Apart from these If anybody of you have any suggestions /interest to help a newbie investor to make some informed decisions please feel free to drop a note here or email to tbd2562atgmail.com --here at stands for @

Thanks,
Anna
 

NVP

Legendary member
37,535 1,988
Anna Anna Anna ........

Please take this advice.......walk away now ......Forex is not for amateurs or people that want simple advice and help........you will lose ALL your money

and dont get fooled by the sites mentioned .....its Amateur night (with your money ?) until someone is smart enough to consolidate the (few) decent traders appearing and produce somethign of true value to interested investors ........(I would do this if i had the time)

JUST

define the risk/reward profile for the money you have and when needed (realistic please not dreams as above)

Then go to more general investment sites and Read up / Focus on Equities , Gilts , Corp bond markets , Property, Gold, commodities and get that portfolio balanced into the criteria you have set for Risk/return (dont forget cash holdings)

and also ensure you are optimising the need for liquidity and indeed also legals & Tax efficiency of those investments

and dont come knocking here on the forex door ..........there be sharks !

N
 

hellrise

Active member
120 2
Do you want to open an account in all those sites that you mention or in one of them? In zulutrade the best method for me for finding signal providers is by using the advanced search. I usually look for traders who have low drawdowns , 50-80 average pips per trade , running weeks > 30.
 

annawen51

Junior member
13 1
Anna Anna Anna ........

Please take this advice.......walk away now ......Forex is not for amateurs or people that want simple advice and help........you will lose ALL your money

and dont get fooled by the sites mentioned .....its Amateur night (with your money ?) until someone is smart enough to consolidate the (few) decent traders appearing and produce somethign of true value to interested investors ........(I would do this if i had the time)

JUST

define the risk/reward profile for the money you have and when needed (realistic please not dreams as above)

Then go to more general investment sites and Read up / Focus on Equities , Gilts , Corp bond markets , Property, Gold, commodities and get that portfolio balanced into the criteria you have set for Risk/return (dont forget cash holdings)

and also ensure you are optimising the need for liquidity and indeed also legals & Tax efficiency of those investments

and dont come knocking here on the forex door ..........there be sharks !

N

Thank you for the reply .

Do you think a PAMM account or a managed account are also not feasible options- Do we need to have trading experience to succeed in it ?

or is it best to completely stay out of forex market
 

annawen51

Junior member
13 1
Do you want to open an account in all those sites that you mention or in one of them? In zulutrade the best method for me for finding signal providers is by using the advanced search. I usually look for traders who have low drawdowns , 50-80 average pips per trade , running weeks > 30.


Any one or may be split it among different people to diversify
 

pboyles

Legendary member
8,072 1,302
Thank you for the reply .

Do you think a PAMM account or a managed account are also not feasible options- Do we need to have trading experience to succeed in it ?

or is it best to completely stay out of forex market

I'm afraid you're about to lose your money. Just get a job and keep that money in the bank. Forget about the whole forex thing and forget about making 5 to 10 percent a month on anything, it's not going to happen and your money will be drained away by some crook selling training or signals. You have set yourself up to be scammed with your original post.
 

annawen51

Junior member
13 1
I'm afraid you're about to lose your money. Just get a job and keep that money in the bank. Forget about the whole forex thing and forget about making 5 to 10 percent a month on anything, it's not going to happen and your money will be drained away by some crook selling training or signals. You have set yourself up to be scammed with your original post.

I do have a very high paying job and these are my savings from job . Can you advice how to avoid being scammed ? -If you have time else that is fine..thanks for your response
 

NVP

Legendary member
37,535 1,988
Anna

Sorry I cannot believe the immaturity of this last post so am becoming sceptical of this thread

to stop being scammed seek out help from trusted family or other reputable sources and take independent legal advice on any investments you are contemplating

not from websites or e-mails or forums where traders offer you unrealistic returns

I have been around Gambling and Gamblers since the day I was born .....and have met so many villains and tricksters its untrue just how clever they are .........so dont go there !

please !
N
 

pboyles

Legendary member
8,072 1,302
I do have a very high paying job and these are my savings from job . Can you advice how to avoid being scammed ? -If you have time else that is fine..thanks for your response

Yes you will avoid being scammed by never having anything to do with forex, spread betting or any other get rich quick nonsense. Anybody that tells you that you can make 5 to 10 percent a month is lying to you and setting you up. Just keep your job and put the money in the bank. Forget about this whole idea.
 

pboyles

Legendary member
8,072 1,302
Anna

Sorry I cannot believe the immaturity of this last post so am becoming sceptical of this thread

to stop being scammed seek out help from trusted family or other reputable sources and take independent legal advice on any investments you are contemplating

not from websites or e-mails or forums where traders offer you unrealistic returns

I have been around Gambling and Gamblers since the day I was born .....and have met so many villains and tricksters its untrue just how clever they are .........so dont go there !

please !
N

Yes it could be a wind up I suppose.
 

annawen51

Junior member
13 1
Anna

Sorry I cannot believe the immaturity of this last post so am becoming sceptical of this thread

to stop being scammed seek out help from trusted family or other reputable sources and take independent legal advice on any investments you are contemplating

not from websites or e-mails or forums where traders offer you unrealistic returns

I have been around Gambling and Gamblers since the day I was born .....and have met so many villains and tricksters its untrue just how clever they are .........so dont go there !

please !
N

Hi... How did you assume that I will just wire my money to a offshore nigeria account as soon as they promise me 200% return

I tried to be polite and even when I asked a straight forward question you say that you see something fishy --

The questions I posed to you

"Thank you for the reply .

Do you think a PAMM account or a managed account are also not feasible options- Do we need to have trading experience to succeed in it ?

or is it best to completely stay out of forex market"

Summary :

You conveyed your message that forex investing is not suitable for me .point taken.

If you have anything useful to contribute to this discussion pls continue here or else pls try to be patient enough to see what others have to say

YOu can answer my questions about PAMM accounts/managed accounts or if you know any ideas to invest in forex market with low risk let me know

sorry if i sounded arrogant
 

annawen51

Junior member
13 1
Yes you will avoid being scammed by never having anything to do with forex, spread betting or any other get rich quick nonsense. Anybody that tells you that you can make 5 to 10 percent a month is lying to you and setting you up. Just keep your job and put the money in the bank. Forget about this whole idea.

The question is : How to invest in forex market ?

NOT

Should I invest in forex market?

If you dont know the answer to first question I dont need your advice

Come on guys -- you dont have to see everything in a negative way - one guy says it is too good to be true and the another guy says its a windup

Again if you cannot add value to the discussion please stay out of it..stop wasting my time and making this thread a big non sense

let me think negatively : you know what my doubt is : some forums hire people to just keep posting the same thing or something without really caring if they help the OP or not - I am thinking you both are people like that who are just trying to increase the post count and meet their targets
 

pboyles

Legendary member
8,072 1,302
Hi... How did you assume that I will just wire my money to a offshore nigeria account as soon as they promise me 200% return

I tried to be polite and even when I asked a straight forward question you say that you see something fishy --

The questions I posed to you

"Thank you for the reply .

Do you think a PAMM account or a managed account are also not feasible options- Do we need to have trading experience to succeed in it ?

or is it best to completely stay out of forex market"

Summary :

You conveyed your message that forex investing is not suitable for me .point taken.

If you have anything useful to contribute to this discussion pls continue here or else pls try to be patient enough to see what others have to say

YOu can answer my questions about PAMM accounts/managed accounts or if you know any ideas to invest in forex market with low risk let me know

sorry if i sounded arrogant

I suggest you spend some time reading this thread about Senen Pousa and his managed forex account. Lots of people just like you gave this guy money for a low risk forex investment. Guess what, they lost their money, just like you will if you fall for this forex nonsense. Every single managed forex account I have ever heard of turned out to be a scam. Look at some of the remarks at the beginning of the thread, people insisting that 100% a year was possible and getting all aggressive when anybody told them they were dreaming and would lose their money. Compare this to your latest post.

http://www.trade2win.com/boards/educational-resources/145668-prophetmax-senen-pousa-any-info.html
 

annawen51

Junior member
13 1
I suggest you spend some time reading this thread about Senen Pousa and his managed forex account. Lots of people just like you gave this guy money for a low risk forex investment. Guess what, they lost their money, just like you will if you fall for this forex nonsense. Every single managed forex account I have ever heard of turned out to be a scam. Look at some of the remarks at the beginning of the thread, people insisting that 100% a year was possible and getting all aggressive when anybody told them they were dreaming and would lose their money. Compare this to your latest post.

http://www.trade2win.com/boards/educational-resources/145668-prophetmax-senen-pousa-any-info.html

I request yu to stop assuming and being judgemental when you know nothing about me. Yes I am a newbie in forex trading that does nt mean I will get greedy and invest with somebody who promises extraordinary returns

I dont agree with your comment of every managed account being a scam -

what according to you is a scam -- Some people invest 200$ for 2 days - loose out 45$ and go on boards and say that it is a scam

Some people willingly choose a hig hrisk system even though the provider offers a lower risk alternative out of sheer greed and they blow out--then they say its a scam

If I show you a fund with more than 5% returns per month , and with over two years history - would you call it a scam

what evidence do you have when you say all managed accounts are scams - just like i dint belive somebody who says i wil give you 200% retun i also dont belive when you say everything in forex is a scam -- I am open minded and you ght be right but not if you ust say it is scam
 

safvan

Established member
515 34
Invest is the wrong word for the forex market. One can trade it.

Bangladesh where your flag is from has high deposit rates. You are better off there with 10% annuals.

As for the markets, you are going to lose the money.

If you are going to choose this path, I suggest losing small amounts of money in multiples of $5k to $10k at a time. This way there is a good chance you would probably end up saving 50% of it before breaking your head to the ground.

The easiest way is to keep the money in the bank and save for the day when you might be fired.
 
 
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