Forex Fund Manager Shows How to Double An Account in One Week

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Uploaded by on Nov 21, 2009

http://forextradingseminar.com

Take a last minute sneak peak at what you will be experiencing inside the Platinum Trading Group just before the doors are closed again for another year. See why these traders are celebrating, drinking champagne and eating pizza. Yes it's a strange combination but Forex trading requires a different kind of thinking as well as eating.

http://forextradingseminar.com

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Education

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Uploader Comments (tradeartist)

  • It is a demo account he doubled, right ?

  • @Clausewitz1

    Fund managers are trading live accounts and the live accounts of others. It is interesting that people often believe it is possible to make good gains in a demo account.

  • Scott, thanks for your answer. Believe it or not, but I do not think that it is possible to earn money trading demo accounts My question resulted from a simple act of observation of your the life session recorded. It is clearly visible that there is written "Demo - Demo account..."

  • @Clausewitz1

    My live trading account is with a broker trading platform other than MT4 and it is always running on my other computer. On the screen that I am showing is usually more than one MT4 demo platform and Esignal which I use to show the entries. I will be posting my results and those of others on our managed fund page. This week I am up over than 200 PIPS so far in my live account and target 300-500 PIPS per week net profit.

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  • Thanks! i kind a am involved with it...still on demo account,but i have a pretty good picture of it all now! just waiting to get the starting 5000 dollars...

  • to understand it all u need to get involved, there is no way around it, a lot of things dont make sense in the beggining but with time they will become very easy to understand. Good luck.

  • Thanks again! then i got it right...

  • @Sepa9

    yes that's right but we use an automatic stop loss which will close the trade at a predetermined price and the trade has a position size that is calculated to be 2% for that size of stop loss.

  • Thanks! with 2 % risk on the capital per trade He wanted to say that if the trade goes bad He will exit trade with 2% loss maximum and He also wanted to say that He is pretty accurate identifying the direction of the trade!!

    Did i get it right? (asked because i wanted to be sure what i understand..) o..and i think doubling your account in a week, is more than possible!!!

  • @Sepa9 That is not such a stupid question. What I mean is that when we enter a trade there is in this case no more than 2$ of the capital at risk in that trade if the trade results in a loss. While often that same trade may result in a 4- 10% increase in capital if it wins.

  • im sorry if the question is a little stupid,but what exactly do you mean when you say you do it with 2 % of risk...

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