Opportunity for Proven Traders

[vergis92]

My client is looking to hire highly experienced traders, (or possibly buy algorithms) in the fields of forex and commodity trading.

They require at least 3 (or better 5 years) of LIVE trade records, (ideally on accounts larger than $10,000 for psychological reasons).

also:

1) 10% or more profit per year
2) at least 75 out of 100 months should be profitable.
3)maximum drawdown 20% (account balance high to low, maximum decline, including open trades)


Please send trading statements in the following format, excel or CSV
the client uses specialized verification software to confirm they are genuine and not tampered with, in any way..

I would assume that such good traders would already be trading for a living, and they are hard to impossible to find. But just in case someone is out there, and they meet the aforementioned criteria, for either becoming a trader or providing the algorithm, my client will assess the facts and get back with a proposal.


if it's a different market you are successuful at, apart from FX and commodities, he might be interested also. Please be specific and highly descriptive in stating your trading skills and experience as he will ask me many questions about you.


Traders who don't meet the set criteria cannot be considered , I am a trader myself and do not meet the required criteria for trading for this client, except perhaps providing weekly signals on a particular market.

 

[vergis92]

Correction: The client will consider traders having live statements matching the criteria, even if the accounts used were less than $10,000, but not less or much less than around $3,000. The right candidates will be asked to submit statements for validation, and can be hired. Payment plan is said to be good.

If you meet these criteria, and are trading through such accounts, you will have the opportunity to work for this client, trade on much larger accounts, and make much more. You don't have to make much more than 10% per year, as long as account survivability is ensured, through a maximum DD of 20%.

 

[vergis92]

You should probably contact brokers that have a high proportion of profitable traders: FxPro, Interactive Brokers, Tickmill, ADS Securities, Vipro Markets. I have to tell you this that the best traders never share their knowledge not to mention the actual trading statements. Good luck!

Yes I noticed that, I used Linkedin to contact some traders with good profiles, they all make excuses for not providing statements, exept few that had up to one year. Some claimed the software doesn't allow them to extract the statements.

But what, do they suspect that someone will figure out their strategy? it's ridiculous

 

[NVP]

why would good traders offer you their services ? ..........what are you offering ?

 

[vergis92]

why would good traders offer you their services ? ..........what are you offering ?

They run some kind of high quality trade mirroring sevrice for select clients, except that traders make much much more than they would say at Zulutrade. It is possible to make $10,000 or more per month, and realistically up to whatever the strategy allows.

Perhaps up to half a million $ in a year, which they cannot make on small accounts.

At least that's the information I have.


Also the commission structure is performance based, and not fixed half a pip per trade, designed and imposed by brokers to entice traders to trade more often, so the brokers make more money, as is the case with Zulutrade...

 

[GeneFX]

They run some kind of high quality trade mirroring sevrice for select clients, except that traders make much much more than they would say at Zulutrade. It is possible to make $10,000 or more per month, and realistically up to whatever the strategy allows.

Perhaps up to half a million $ in a year, which they cannot make on small accounts.

At least that's the information I have.


Also the commission structure is performance based, and not fixed half a pip per trade, designed and imposed by brokers to entice traders to trade more often, so the brokers make more money, as is the case with Zulutrade...

Is you client prehaps eToro sound like them to me, they have some pretty bad reviews on various forums