Market outlook
after the recent down move that we are now scanning the market for better entries, we will continue monitoring until we have a better entry. also we are no longer taking on new accounts bellow $1000, we prefer that all accounts in this test are at the same level or better with our own account.
posted by GOLDEN CHARTS @ 2:22 PM
7 Comments
7 Comments:
I am pleased with the performance of the traders. This is a long process and I believe that we will be satisfied with the end results
it would be good if you put up more updates in which pairs you are looking at and when you are going to make the trade so all viewers can follow along, even join your trades.
just my 2cents
what happened to the updates???
I wouldn't be happy at all. You only doubled your money in 3 months and even then it was almost sheer fluke.
Continuing on that average of doubling every 3 months (which you don't have a chance of doing really) you will be at $8000 in 12 months and $128,000 in 2 years.
This would be a great profit but I don't believe for a second you will achieve that kind of success. And even if you did somehow manage that, it's still only 12.8% of your $1 million target.
For the amount of time you have invested, $500 in 3 months is rubbish and I could make more money in that time working at McDonalds.
GCM Fund was highly recommended to me by an European trader whom I highly respect. He recommended GCM Fund as a way to start my forex investment journey with this company with a small amount of money. I was able to open an account with $1000 and I know it is growing.
I just would like that in addition to the blog, GCM Fund would send investors at least a bi-monthly email newsletter with individual account updates. I have received an update becaused I asked for it. I feel that GCM Fund is not maintaining a fund manager relationship with investors. If $500 can produce $1M, I'm very optimistic looking forward to what my $1000 will bring. Haleluyah.
GCM Fund, keep up the good work, I'm counting on you for a great financial harvest. Don't let those unbelievers and naysayers detour you from the goal. They are loosers and wish they could have gotten in when they had the chance. I have participated twice before in these types of forex programs and they are extremely profitable. The negative comments are due to ignorance, not experience.
www.AutoTradingService.com
Test the Winner Forex Signals for FREE -
3.454 Pips in 6.5 Months with top Tecnofinanzas
Start with $1000 now at www.AutoTradingService.com
A Mathematical approach to riches in FOREX trading.
Most approaches to systems of trading in the FOREX markets are of a predictive nature.
The reason for this is simple. With the high level of leverage one can use, if one can
just predict accurately the direction the market is headed, literally millions of dollars
can be made in the matter of just a few minutes. It is this possibility that is the root
of the excitement one gets from trading the markets and the high one gets when he or she
is right.
There is, however, another approach which is not as exciting but is logical and mathematical
and does not require the use of predictive abilities.
Such an approach requires that one does not try in any manner to guess where the market is
headed and have fixed strategies in place for each and every possibility within the market.
Such an approach does not leave anything to chance and in so doing, the outcome is always
certain and the excitement of being right will not be there.
What is there however, is the profits that will come with it.
In making such an approach, one must look at all possibilities with every move of the market
and if one does that, it can be seen that the market has only two possibilities at all times.
It will either go up or it will go down. It then just ends up with the same odds as a toss of
a coin.
The odds in a toss of a coin is 50-50 and as such one cannot have a winning advantage so where
can an advantage be created ?
Ok. What if we had a situation where you bet on a toss of the coin and if you win, you get twice
what you bet ?
This now changes the picture dramatically.
Each time you win, you get $200 to your $100 bet...making $300 total
Each time you lose, you just lose your $100
Your odds of winning and losing still remains the same at 50-50 but your leverage is in the amounts
you will end up with each time you win or you lose.
Let's try looking at 6 tosses of the coin and an even outcome throughout. So you would win 3 times and
also lose 3 times.
Your outlay is $600 for 6 bets and you win 3 and you lose 3.
For each of the 3 wins you have, you get $300 which is $100, your original bet and $200 which you win.
3 wins will then total $900 for a total outlay of $600 equals a profit of $300
Your betting could go like this.
Start $600, bet $100 ...Lost.. $500 remains.
Start $500, bet $100 ...Win .. $400 remains plus $300 win.. total $700
Start $700, bet $100 ...Lost.. $600 remains.
Start $600, bet $100 ...Win .. $500 remains plus $300 win.. total $800
Start $800, bet $100 ...Lost.. $700 remains.
Start $700, bet $100 ...Win .. $600 remains plus $300 win.. total $900
You could use this strategy here.
http://www.simple-forex.biz
Post a Comment
Subscribe to Post Comments [Atom]
<< Home