Here’s how you can become an Overnight Professional Trader…
Important Note: All results and portfolio tracked Real Time by 3rd party website…MxFXBook
Dear Wealth Builder,
I do not know how you arrive on this page. It could by referrals by hundreds of Forex websites, or even the PR publicity you have seen due to the consistent performance that I have provided for my fellow traders and wealth seekers. But I want to let you know I am glad you arrived here because this can change your life.
Before we start, I want to share with you the extraordinary results that I had as a trader and for my investors.
Here are some of the portfolios that I manage and grow EVERY week.
By the way, this screen shot was taken on 12th July, 2013. A lot has changed since.
For the more current view of this live account, please click here.
We’ve never met, but I do know these 2 things about you:
I can make this guess about you because I was once in the same position as you. I was trying to make a living from trading. All I had was the hope of making a quick profit to feed the family and the hope of growing my wealth through trading.
I was buying plenty of robots and trading systems out there that promised trading riches. Each and every time, I was disappointed with results. My savings continue to dwindle but I never did give up because of my determination to succeed for myself and my family. I could only imagine provided for my family for the better. And that was my main driving force.
After experimenting with various strategies and trading for 10 years full time with many ups and downs, I have found a way… a way to profit consistently without taking risk that can wipe out accounts like most traders do.
For the last 7 years even through the sub-prime crisis in 2008 and Euro Zone Debt Crisis in 2011, I have been literally siphoning money out from the Forex Market using this same strategy that allows me to comfortable know how much money I can make EVERY week, consistently and with MINIMAL risk.
Since those early failures, I poured everything I had, heart and soul even quitting my job, into learning everything I could about trading. I ate, slept, and drank this world, and as a result, I now have the ability to generate consistent weekly trading income with minimal risk and draw downs.
This is a LIVE trading account that I show with nothing to hide.
Over the last few years, I have seen many so called Trading Gurus selling their strategies, trade signal service, and even their robots and trading software. Always the next best thing… the holy grail of trading. I can only say this… the holy grail of trading does NOT exist.
You may have asked yourself these questions before…I know I have…
After some time of trading, I feel it is necessary to step up and create a Win-Win situation for serious wealth builders. I don’t conduct seminars, I do not sell systems nor do I collect monthly subscriptions.
I will manage your money like my own using a managed fund (via a reputable Forex broker)…like a Hedge Fund but without the high entry fee or restrictions.
The Fast Trader Growth Fund
This is basically how it works….
This is not a trade copier service. I am certainly not selling any kind of “secret” system. This is a Managed Account Service… I will work for you to grow your money.
So what’s in for me?
Performance Based Fund
Pay only when you see results
The Fast Trader Growth Fund is a performance based Money Fund. I only get paid when you make money. When your portfolio grows, then only will I get my money management fee. Talk about my motivation to trade the best I can for you. Basically, I am working for you when you invest into The Fast Trader Growth Fund.
You do not need to worry about profits not able to cover high monthly subscription fee. In fact, it’s free to open the brokerage account. However, you will need to fund it with real money. After that, all you need to do is to invest a little as $1 into The Fast Trader Growth Fund to try us out.
Here’s how you can check on my live verified trading account….
1. Understanding The Equity Line (Red Line) and Equity Growth Line (Yellow Line)
ALWAYS look at the yellow and red lines. Red line just means that the balance is growing.
But the yellow line is the real measure of your equity.
If the yellow line is way below the red line, it means that there is a huge paper loss.
If the yellow line is above the red line, it means there is a healthy paper profit.
Pay close attention to Balance Amount and Equity Amount.
They should be close together most of the time.
If equity is way below balance, it just means that the strategy is high risk and volatile strategy.
2. Understand Drawdowns from the “balance” tab.
In this chart, keep a look out for the yellow line.
For this example, The Fast Trader deposited $2000, and on a bad run, his balance dropped to about $1800.
What this means is that in the last one month, this portfolio faced a draw down of 10% which is quite low for a down draft.
3. Understand Profit for the Portfolio…”Profit” Tab
This is sometimes over sold because this is just balance growth. Should never look at this alone.
To understand if the portfolio is strong and resilient, check the Balance and Equity to make sure that this portfolio is rock solid.
Equity should always be close to the Balance. If equity is too far below balance, it just means that this portfolio is carrying a huge paper loss.
So balance alone is not a good indication of how well the portfolio is doing.
4. Is the Portfolio Verified and Updated Constantly?
Check Track Record and Trading Privileges Verification. Then check last time updated.
You wanna to make sure both of these are there so that this is a real account with real money.
A trader cannot cheat with MyFXBook verification.
A good trader and a good trade signal service will have nothing to hide.
Always make sure it’s verified. The Fast Trader is verified and updated every 5 minutes with MyFXBook.
5. Know Your Focus and Stay Focus… Focus on Thing s that Add Value to Your Life…Your Trading Profits!
Many times, most other trade signal service and traders will boast about pip gains.
And talk about how great their trading strategy is.
While it might have some importance, the most important thing for you as a trader is your ultimate profit and portfolio balance.
What is the point of having a healthy pip gain but still lose money?
Stay focus on your bottom line and not be sucked into data that are not important to your lifestyle.
6. The Number of Trades made
Take notice of how many trades is made.
If too few, you might have to worry about big lot trading which means high gains but can also be high loss.
Because it could just be a few lucky trades and one bad trade can wipe out your entire portfolio.
If many trades are taken, it might mean that it’s small lots and consistent profit.
So keep a look out for the number of trades made because it is very important to make sure that the account is not over leveraged too.
7. Risk vs Reward Ratio
Although not the most important statistics (because bottom line or profit is King), it is wise to understand the type of trader you are copying.
Does he win big and lose small or win small but lose big?
8. Average Holding Period
Again, this is not half as important but it will tell you if this trader is a short term or long term trader.
In this case, this trader, after 141 trades made, has a average holding period of 1 day which means he is pretty short term but has the ability to generate fast consistent profit.
9. Win/Loss Ratio is Oversold…Do not fall into this trap!
Many websites that sell systems will always sell on Win/Loss ratio. Think about it… it’s not important.
If you win 90% of the time, but 1 bad loss can wipe out your portfolio, do you think it’s a good deal?
Or would you rather have a win ratio of 10% but 1 win can cover the loss of 20 trades?
Ideally, it should be well balanced. A win ratio of more than 50% is considered very healthy if the equity continues to grow consistently.
10. Risk of Ruin: How safe is your money?
Before you follow any trader by either copying or by investing into his fund, you want to make sure that his strategy is solid and safe.
Safety is always priority. Not gains.
So click on the “Risk of Ruin” tab to view the probability of wipe out.
For this trader, he needs to have 148 consecutive losses for this portfolio to be wipe out.
That is less than a 0.01% probability according to MyFxBook calculation.
11. Check Open Trades to cross check to make sure that there is no huge paper loss
This was mentioned earlier… no point having a balance growth but carrying a huge paper loss.
Most signal service will hide this information from it’s subscribers.
If paper loss is low, and balance growth is healthy… you got a trader worthy of you copying.
12. Check Trade History…
Go to the history Tab, and check out all his trades.
Watch the lot size to make sure the trades are no fluke but calculated trades.
In this example, this trader uses very small lots but makes plenty of trades (diversified) and generates consistent daily profit.
A good trader has nothing to hide. He will have no problem putting up his real portfolio for the world to see.
Keep a close look on balance growth and equity growth. Equity Growth is what you need to monitor like a hawk.
The more trades the trader makes with small lots the better because he is consistent and no single bad trade can wipe his portfolio away.
This is especially important if you copy his trades. Because if his portfolio is wiped out… so is yours!
With technology available today, it’s really not necessary to learn how to trade, or buy systems to do it yourself.
Find the right trader that’s worthy, copy all his trades verbatim… you have professional trading results.