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Just became a fund manager [received a nice investment]
Posted:
Just became a fund manager [received a nice investment]Posted:
Status: Offline
Joined: Aug 05, 201212Year Member
Posts: 536
Reputation Power: 66
Hello TTGers,
As some of you may or may not know, I trade currencies on the Forex market for a living. Due to the sheer success I have had this year due to my extensive studying (8-10hrs a day for over a year), I have had multiple investors approach me looking for me to manage funds for them.
Well, today, I accepted an investment of $20,000 to manage.
What does this mean? Let me explain.
With my trading strategy, I risk 2% of my equity per trade for a 6% risk. The probability of these trades paying are 80 to 90%+, because I only take very few selected trades. So, to put a long story short, I essentially double my equity every month consistently.
For example, with this $20,000 investment, I have a high probability chance at doubling it every month. The investor then receives a 100% interest gain after 6 months. So he will be able to withdraw his $20,000 along with a +$20,000 profit gain (projected). Granted that this is trading and risks are involved, but the hit rates are generally very high. I trade in such a way where it is the exact opposite of gambling.
$20,000 doubled after month 1 = $40,000
$40,000 doubled after month 2 = $80,000
$80,000 doubled after month 3 = $160,000
$160,000 doubled after month 4 = $320,000
$320,000 doubled after month 5 = $640,000
$640,000 doubled after month 6 = $1,280,000
100% account growth per month sometimes isn't always obtained, but some months it can be 82%, 93%, and others it can be 130%. It all balances out in the end if the risk management plan is thorough and well thought out... and STUCK to.
I then, of course, have earned most of those profits, so I keep them all except $40,000 which the investor will be able to withdraw. This is an incredible milestone for me, because I have put tremendous amounts of blood, sweat, and tears into mastering the art of trading, and have been through hell and back in order to make this a reality.
The future really is looking bright, and this year has been fantastic. I started out with my own small personal fund not wanting to initially invest a lot, but my $500 starting investment is now paying my bills and what-not full time. This investment, although not huge, will allow me to take things to a completely new level both personally and financially.
It is time to take this to the next level! This is a very proud moment for me, so I felt it was worthy of a share.
Note: I do not intend to teach anybody how to trade on this website. To me, this community is my family and my time spent on here is a hobby and I love it. This is a personal accomplishment, and not a "go learn how to trade rn and make millions" thread. That is not what I am putting across here. Trading works for very, very few people and requires a very, very strong amount of discipline. It takes years to learn, and it is not for everyone.
Thank you!
JRT
As some of you may or may not know, I trade currencies on the Forex market for a living. Due to the sheer success I have had this year due to my extensive studying (8-10hrs a day for over a year), I have had multiple investors approach me looking for me to manage funds for them.
Well, today, I accepted an investment of $20,000 to manage.
What does this mean? Let me explain.
With my trading strategy, I risk 2% of my equity per trade for a 6% risk. The probability of these trades paying are 80 to 90%+, because I only take very few selected trades. So, to put a long story short, I essentially double my equity every month consistently.
For example, with this $20,000 investment, I have a high probability chance at doubling it every month. The investor then receives a 100% interest gain after 6 months. So he will be able to withdraw his $20,000 along with a +$20,000 profit gain (projected). Granted that this is trading and risks are involved, but the hit rates are generally very high. I trade in such a way where it is the exact opposite of gambling.
$20,000 doubled after month 1 = $40,000
$40,000 doubled after month 2 = $80,000
$80,000 doubled after month 3 = $160,000
$160,000 doubled after month 4 = $320,000
$320,000 doubled after month 5 = $640,000
$640,000 doubled after month 6 = $1,280,000
100% account growth per month sometimes isn't always obtained, but some months it can be 82%, 93%, and others it can be 130%. It all balances out in the end if the risk management plan is thorough and well thought out... and STUCK to.
I then, of course, have earned most of those profits, so I keep them all except $40,000 which the investor will be able to withdraw. This is an incredible milestone for me, because I have put tremendous amounts of blood, sweat, and tears into mastering the art of trading, and have been through hell and back in order to make this a reality.
The future really is looking bright, and this year has been fantastic. I started out with my own small personal fund not wanting to initially invest a lot, but my $500 starting investment is now paying my bills and what-not full time. This investment, although not huge, will allow me to take things to a completely new level both personally and financially.
It is time to take this to the next level! This is a very proud moment for me, so I felt it was worthy of a share.
Note: I do not intend to teach anybody how to trade on this website. To me, this community is my family and my time spent on here is a hobby and I love it. This is a personal accomplishment, and not a "go learn how to trade rn and make millions" thread. That is not what I am putting across here. Trading works for very, very few people and requires a very, very strong amount of discipline. It takes years to learn, and it is not for everyone.
Thank you!
JRT
#2. Posted:
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Joined: Apr 24, 201113Year Member
Posts: 1,973
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Congrats man! Very big milestone. You should be proud. It takes a lot of brain and patience to trade. Congrats!
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#3. Posted:
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Joined: May 16, 201311Year Member
Posts: 8,525
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Status: Offline
Joined: May 16, 201311Year Member
Posts: 8,525
Reputation Power: 1554
Wow congrats dude, some nice money coming your way if everything goes to plan for you
Good luck.
Good luck.
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#4. Posted:
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Joined: Sep 09, 201212Year Member
Posts: 196
Reputation Power: 43
Status: Offline
Joined: Sep 09, 201212Year Member
Posts: 196
Reputation Power: 43
Congrats
Last edited by XeMagicTeam ; edited 1 time in total
Last edited by XeMagicTeam ; edited 1 time in total
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#5. Posted:
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Joined: Jul 15, 20168Year Member
Posts: 795
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Wow bro! Huge accomplishment for you! I wish you the best of luck with it! One tip! Never EVER teach anyone, why would you give away something that makes you more unique! Hope you know what i mean
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#6. Posted:
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Joined: Aug 05, 201212Year Member
Posts: 536
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FFGraphics wroteWow bro! Huge accomplishment for you! I wish you the best of luck with it! One tip! Never EVER teach anyone, why would you give away something that makes you more unique! Hope you know what i mean
Thank you, sir. I just wanted to note that it isn't out of spite - I just want to keep that stuff off of TTG.
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#7. Posted:
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Joined: Jul 15, 20168Year Member
Posts: 795
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JRT wroteFFGraphics wroteWow bro! Huge accomplishment for you! I wish you the best of luck with it! One tip! Never EVER teach anyone, why would you give away something that makes you more unique! Hope you know what i mean
Thank you, sir. I just wanted to note that it isn't out of spite - I just want to keep that stuff off of TTG.
Yes i completely understand, but you've obviously worked hard for this? Why would someone else get the option to skip the hard work and just skip it for you to simply tell them how to do it you get me?
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#8. Posted:
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Joined: Aug 05, 201212Year Member
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Man, you'd be surprised. The thing is with Forex, the stuff just isn't teachable. You have to just roll up your sleeves and learn it yourself. Trust me on that one! I have been there and gone through the motions. Haha.
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#9. Posted:
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Joined: Jul 15, 20168Year Member
Posts: 795
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Status: Offline
Joined: Jul 15, 20168Year Member
Posts: 795
Reputation Power: 118
JRT wrote Man, you'd be surprised. The thing is with Forex, the stuff just isn't teachable. You have to just roll up your sleeves and learn it yourself. Trust me on that one! I have been there and gone through the motions. Haha.
Wow really? well thats a good thing then because people who REALLY want it will work for it and get it! Anyway bro! Goodluck with everything!
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#10. Posted:
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Joined: Feb 27, 201113Year Member
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Congrats on that huge real life milestone.
Keep on doing great things with your life.
Keep on doing great things with your life.
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