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Thread: Managed Account

  1. #1
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    Aug 2009
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    Default Managed Account

    I'm a forex trader for managed account as well,
    with commission rate 10% for account balance < $10K till 1% for account balance > $100K,
    monthly profit basis, & ROI min 100% of balance per month, maximal draw down 20%.

    Minimum Requirement of Account Balance:
    - Micro Account : > $1K, Commission Rate 10% of monthly profit basis
    - Mini Account : > $10K, Commission Rate 9% till 2% of monthly profit basis
    - Standard Account : > $100K, Commission Rate 1% of monthly profit basis

    PROCEDURES:
    1. An investor open Live trading account (prefer to MT4 broker);
    2. An investor deposit fund to Live trading account;
    3. An investor sign the Limited POA (if broker needed & provide);
    4. Send to me by email at indoforextrading@gmail.com, a signed the Limited POA
    and cc to broker;
    5. I signed the Limited POA and send back to an investor and cc to boker;
    6. An investor wire transfer to my bank account, secure deposit of first commission
    as sharing profit based on commission rate above, only for first deal first month;
    7. Then, withdrawal of profit each end of month and wire transfer of my commission;
    8. In case, an investor add deposit fund, they should wire transfer secure deposit of
    first commission again as sharing profit based on commission rate above, only for
    amounts of added deposit fund;
    9. For further information, please don't be hesitate to email at indoforextrading@gmail.com.

    RISK WARNING:
    Spread Betting, CFD Trading and FX Trading carry a high degree of risk to your capital
    and it is possible to lose more than your initial investment. Only speculate with money
    you can afford to lose.

    This notice cannot and does not disclose or explain all of the risks and other significant
    aspects involved in dealing in such products. As with any trading, you should not engage
    in it unless you understand the nature of the transaction you are entering into and,
    the true extent of your exposure to the risk of loss. These products may not be suitable
    for all investors, therefore if you do not fully understand the risks involved,
    please seek independent advice.


    Best Regards,

    Profile URL: Moch Hamid Usman Mugara | Facebook
    Pages URL: INDOFOREXTRADING aka HABA | Facebook
    Group URL: INDOFOREXTRADING | Facebook
    Twitter URL: Moch Hamid Usman M. (indofxtrading) on Twitter
    Blogspot URL: INDOFOREXTRADING
    Email: indoforextrading@gmail.com
    ICQ Number: 376694814
    MSN Messenger Handle: indoforextrading@hotmail.com
    Skype Name: indoforextrading
    Yahoo! Messenger Handle: indofxtrading
    AIM Screen Name: indoforextrading



    Detailed Statement :

    1st Account :
    1st Account

    2nd Account :
    2nd Account

    3rd Account :
    3rd Account

    4th Account :
    Statement: XXXX - Moch Hamid Usman Mugara
    Last edited by haba; 09-30-2009 at 13:19.

  2. #2
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    Mar 2009
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    Florida, USA
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    Default

    I talked to Moch this morning and he has my trust. I will give him a chance and let you know.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  3. #3
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    Mar 2009
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    Florida, USA
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    Default

    I had some issues with bank wire at Wachovia (Wells Fargo) on Friday so I am Western Union the funds to this gentleman. I am testing his services with $1,000. I opened a separate account with TheCollectiveFx, and he will have access to the tightest spreads in the business. The only drawback is he will only have access to 100x leverage. I'm sure it will be enough for him.

    I will keep you all updated weekly, at the very least, on his progress. I have spoken with him many times via Skype and yahoo msnger. He is as professional, kind, and considerate a person as I have met in quite some time.

    Hope everyone has a great weekend.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  4. #4
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    Jun 2009
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    69

    Default

    Just a Gentle word of advice, please be careful as you are going to transfer comission to him before he even start trading? what if he start loosing your money and is a scam?
    All the statements are not live and be be easily manipulated with photoshop.

    Quote Originally Posted by bigpipn View Post
    I had some issues with bank wire at Wachovia (Wells Fargo) on Friday so I am Western Union the funds to this gentleman. I am testing his services with $1,000. I opened a separate account with TheCollectiveFx, and he will have access to the tightest spreads in the business. The only drawback is he will only have access to 100x leverage. I'm sure it will be enough for him.

    I will keep you all updated weekly, at the very least, on his progress. I have spoken with him many times via Skype and yahoo msnger. He is as professional, kind, and considerate a person as I have met in quite some time.

    Hope everyone has a great weekend.
    Last edited by jamestan1978; 10-05-2009 at 04:12.

  5. #5
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    Mar 2009
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    Default

    He is very professional. $100 is no big deal to me. He has stayed in contact everyday with me. Like I said, I will keep you all updated. Thank you for your concern, I do appreciate it.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  6. #6
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    Default

    Up ~20% in only 18 hours of having account, this guy is the real deal. His system is very robust, if you give him access to a broker that allows hedging he will absolutely mint money.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  7. #7
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    Jun 2009
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    Default

    That's pretty impressive is it
    possible to share with us the MT4 sats?

  8. #8
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    Default

    Well it only took 36 hours for Moch or HABA to blow my $1k account with a broker that allows hedging. Here is a series of pics of the statement. I wasn't looking closely at his trades but he was trading downward breakouts IN A BULLISH MARKET. It was clear that Gbp/Usd bottomed yet he let trades go into 150-180 pip DDs. He blamed it on the broker's margin rules and that the market dynamics have changed. Sure they have changed but this statement is NOTHING like his other trading statements. He is a fraud at best. He's a good guy seemingly but all those statements simply cannot be his.
    Attached Images        
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  9. #9
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    Default

    FWIW, I will trade this account to $500 by wednesday and provide statements to prove it.

    Is it me or does that statement look like that of a degenerate gambler?
    Last edited by bigpipn; 10-08-2009 at 18:24.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.


  10. #10
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    Nov 2008
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    Default Loss

    Quote Originally Posted by bigpipn View Post
    FWIW, I will trade this account to $500 by wednesday and provide statements to prove it.

    Is it me or does that statement look like that of a degenerate gambler?
    I am sorry for your loss, but your timely posting of this information saved me and maybe others. I wish you well in recovering and maybe funyoo can ban him from this forum.

    Good Luck

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