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Forex Traders Needed As Portfolio Managers / PROFESSIONAL FOREX TRADER. Make 50% Of Any Capital In 4 Weeks ***updated*** / Do You Need A Professional Forex Trader To Manage Your Account? (2) (3) (4)

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Professional Forex Portfolio Managers Meet Here! by danberg: 4:05am On Dec 14, 2015
Good morning folks!

Are you a successful Forex portfolio manager-a Forex trader managing accounts for others? Then, let's meet here and rub minds.
Persons looking for genuine, credible fund managers are also welcome. I have discovered there are a lot of people needing credible people to help manage their funds either because they are looking to make extra income and don't know how to trade or are too busy to do it themselves. Unfortunately, there are too many charlatans and scammers out there - the reason for this thread!!!

Let's help create a community of verified Forex managers that investors can trust, if we do, the dividends are almost limitless for all!!

You are all welcome aboard.

If you fall into any of the above categories, then this is for you! Please, keep your questions and suggestions coming. Let's create a genuine platform for those who have been desperately seeking to earn reliably online or create a different stream of income.

'Opportunities are like sunrises, if you wait too long, you miss them[i][/i][b][/b]' - William Arthur Ward

2 Likes

Re: Professional Forex Portfolio Managers Meet Here! by rashyfx: 7:20am On Dec 14, 2015
Brilliant idea , I am currently working on an track records which I started November 1st 2015 , my dream is to build at least one year track record .. My trading result as at today is +3% since inception and my annual target is 50% and I don't want to exceed a maximum drawdown of 5% ..
The only way to make profit consistently in forex is by approaching it professional , how is it done professionally ?
It is done professionally by taken a calculated risk ...

5 Likes

Re: Professional Forex Portfolio Managers Meet Here! by danberg: 10:43am On Dec 14, 2015
rashyfx:
Brilliant idea , I am currently working on an track records which I started November 1st 2015 , my dream is to build at least one year track record .. My trading result as at today is +3% since inception and my annual target is 50% and I don't want to exceed a maximum drawdown of 5% ..
The only way to make profit consistently in forex is by approaching it professional , how is it done professionally ?
It is done professionally by taken a calculated risk ...

Thank you. I am really impressed by your resolve and the very realistic goals you set for yourself! Not some 200% monthly we see bandied around a lot here on nairaland and elsewhere. Professional trading is all about consistency in following the rules of the game. One of which is taking calculated risks which you have mentioned and sound money management.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 11:09pm On Dec 17, 2015
Good evening dear professional fund managers and traders

Apologies for my 3-day hiatus. It was due o wholly unexpected circumstances which needed attending to. Thanks for your understanding.
Now, did you make any money? Lols. There's a story behind that statement. Let me quickly share it with you...

A few years ago, 2012 I think, I had to move into a hotel for a period. My landlord had informed me before I moved in that he intended carrying out major renovations in the building at a particular period in a few month's time. So, when the time came, I had no choice but to relocate to a hotel. I knew the cash on me would run out within a couple of weeks of lodging in that hotel, so I put the money in a Forex account which I intended to use to sort my bills while I lodged at the hotel. grin

Well, I started trading my small account a little over $500 the same day I was checked into this hotel and sat all day, trading in the lobby-cum-reception area day-in-day-out. I was doing quite well actually.

A few days into my Forex hotel project, An African American woman, who was at the hotel with her family, took interest in what I was doing and asked me about it. I explained Forex to her. Soon, everyday she and her kids arrived the hotel lobby to or from their sight-seeing, she would pause a moment by the stairs and look me straight in the eye and say in a very direct tone of voice.

"Buddy?" Then I'd answer "Yes, please?". Then she says, "Did you make any money?" To which my answer of course was "Yes!" because I did make money. But then one day, I made losses, and was hoping when she returned she wouldn't remember to ask me this ominous question. Well, she returned before I could escape to my room and asked directly, "Buddy, did you make any money?". I wanted to lie to her but her gaze seemed to pierce through my body and I felt she might see through my lie, so I said, "yeah, these happens once in a while...". There were quite a number of people in the hotel lobby that day watching this exchange with the American lady. Sweat broke out on my forehead as I contemplated their faces. In the meantime, my interrogator thanked me for telling her the truth, and disappeared to her rooms upstairs.

I had hoped to secure Forex investments from her and others, many of whom were in the lobby during my verbal discourse with the American. I didn't need a soothsayer to tell me I could kiss those investment hopes goodbye. That was also the last time I was asked this question by the American lady. "Buddy, did you make any money?"

I hope you enjoyed my story? Feel free to share yours. We're here to rub minds and also share anecdotes.

'Opportunities are like sunrises, if you wait too long, you miss them'

2 Likes 1 Share

Re: Professional Forex Portfolio Managers Meet Here! by obisun(m): 3:09am On Dec 18, 2015
Interested!!!
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 7:39am On Dec 18, 2015
obisun:
Interested!!!

welcome aboard, friend!

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by Nobody: 11:26am On Dec 18, 2015
Good thread.
I think i will take a front seat here and hope this will not be derailed soon by some NL saddists that never see anything good in forex trading.

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by danberg: 1:17pm On Dec 18, 2015
Thanks Fx4Pay. As for the derailers, I'm sure we can fix 'em.
Fx4Pay:
Good thread.
I think i will take a front seat here and hope this will not be derailed soon by some NL saddists that never see anything good in forex trading.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 1:31pm On Dec 18, 2015
Now, let's talk about Forex brokers with the best services.

From my modest experience-and I've got quite a bunch of it-I know that many Forex brokers out there that we know are really nothing more than

bucket-shops or white labels at best. So, there's a limit to the good you can get from them. Sadly, most Forex brokers are not honest and genuine

in their dealings with a largely ignorant public and so, they fleece people of hard-earned money through seeming technically enigmatic procedures.

Forex brokers are basically ECN/STP or Market-Makers or a mix of both.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 3:38pm On Dec 18, 2015
Market Makers

Most Forex brokers we use are really MARKET-MAKERS.

Who Are These Guys?

They are Forex brokers who create a local Forex market for their clients where they take the other side of the trades. They are counter-parties and use dealing desks. In other words, they make money when you lose and vice versa.

Why You Shouldn't Use Their Services
Forex brokers earn a decent return anytime you place trades. You would think this would be enough money for them but since many are out to swindle simple, unsuspecting folks, they go the extra mile of dubiously tampering with their clients' trades.

How Do They Do These?
Many use unwholesome methods such as "freezing" the trader's terminal, inflating spreads momentarily to cause trades to hit stop loss which is to their profit. Other diabolical acts include disabling the terminal, paying expert traders to trade against clients, disconnecting a trader's account briefly from their server to disallow him from banking profitable trades and using a 'Naeto' system among others.
Note that I have experienced all of the above. I lost a $12,000 account to what I've described above. Hopefully, you wouldn't want to experience it before you learn to stay away from them.

When To Say 'NO'
If a client gives you an account to manage for him that he opened with a market-maker. Ask him/her to open an account with a verified ECN/STP Forex broker. If he/she refuses, then it would be wise to turn down the offer. Otherwise, you will end up gnashing your teeth.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 4:07pm On Dec 18, 2015
ECN/STP Forex brokers

These are the ones that make money only when you place trades.
They do not own a dealing desk and so don't take positions against your trades and try to get you to lose.
They route you straight to the inter-bank market. This is called straight-through-processing or STP for short.
They do not doctor the Forex price quote feeds from their servers and
They offer the best pricing (Level II) depending on the number or quality of their liquidity providers.

Beware though, of Forex brokers claiming they do not have a dealing desk. While that may be true, you must realize that many have in their employ several expert traders who are trained to work against your trades and also use other unorthodox means all in a bid to fleece you of your hard-earned cash.

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Re: Professional Forex Portfolio Managers Meet Here! by rashyfx: 5:30pm On Dec 18, 2015
I am still in the process of working together with those that have what it takes to trade FX professionally.
If you have at least 6 month track records with drawdown of less than 5% please let's talk , I have something good for you.
08100527200

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by danberg: 7:33pm On Dec 18, 2015
Thanks for your comment and offer RashyFX. This is actually the reason for this thread. I want us to come together and work together...the truth is, Forex trading in Nigeria has got a really bad, near evil reputation especially because those who claimed to be professional traders-cum-fund managers and were entrusted with people's hard-earned monies mal-traded them and are responsible for why many a would-be investor is languishing in penury even till now.

We've got to work together to re-image, and re-brand Forex because the potentials actually dwarf anything else you can think of. If only we get it right, believe me, we practically have hundreds of billions of naira in this country lying around in our financial system.

On your offer, my track records are with the bank I worked for and I don't think they would be willing to part with it. You know, since they are company property. They have rules for trading FX in the banking sector which includes the lot size, number of trades, draw-downs etc., for which 5% is actually a lot!

rashyfx:
I am still in the process of working together with those that have what it takes to trade FX professionally.
If you have at least 6 month track records with drawdown of less than 5% please let's talk , I have something good for you.
08100527200
Re: Professional Forex Portfolio Managers Meet Here! by rashyfx: 9:17pm On Dec 18, 2015
We've got to work together to re-image, and re-brand Forex because the potentials actually dwarf anything else you can think of. If only we get it right, believe me, we practically have hundreds of billions of naira in this country lying around in our financial system.

We have to re-image and re-brand forex ...
Let's do the work together
And still looking for more like minded people to work together
Thanks

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by danberg: 9:25pm On Dec 19, 2015
Hi guys, guess you are enjoying your weekend. I have an interesting and very educative article for you written by Chris Pottorff. Enjoy!

A Forex Trading Plan: Limit Your Greed and Make $53,000 Per Month After Two Years[size=8pt][/size]
December 14th, 2012 by Chris Pottorff | Category: Trading Psychology

Note: After reading this article, make sure to read this newly published article too: How to Become Multi Millionaire Trading Forex, with a Proper Trading and Risk Management Method
The title of this article resembles the seductive sentences you see a lot on scam and phishy or HYIP and Ponzi scheme websites. Please don’t get me wrong.

I am not trying to refer you to one of these programs. I want to talk about one of the most important reasons of forex traders’ failure and show you a good way to overcome it.
I don’t know how long you have been trading Forex, but you can be among those traders who have been trying to make a living or at least a

supplementary income through Forex trading, but have not been successful so far. There are a lot of people who have spent several years to learn forex. They have tried so many systems and strategies but they still lose. They still think that they have not found a good system and their problem is that they don’t have a good trading strategy, but they are wrong. They have had several good systems but they have not been able to make those systems work and make money for them. They know much more than what they should know to be a profitable trader, but they still

read and learn more and more and still they think that they have not learned enough.
GREED is the most important reason of their failure. They have not been able to become a profitable forex trader because they are greedy. Because they are not even aware of their greed. It controls them and pushes them to overtrade and take wrong positions, but they don’t know.

Greed is a normal emotion that everybody has. If you have not been greedy so far and if you think you are not greedy, just trade forex and see how greedy you are. This is normal. Everybody likes to work less and make more. Everybody likes to become a multi-millionaire or multi-billionaire within the shortest time but the problem is this strong desire can not only prevent you from getting rich, but it doesn’t even let you become a

profitable forex trader who is able to make a steady small income every month.
The problem is that sometimes we don’t know what greed is, what it does and how it works. If you overtrade; if you take positions when there is no strong and sharp signal; if you take the position while it is too late and you should wait for another trade setup; if you push yourself to trade

every day and when you don’t find a trade setup one day you feel angry, guilty and uncomfortable; if you try to double or triple your account within the shortest time; if you get furious when you see you have missed a good trade setup; if you take too much risk and trade more than 2-4% of your account; if you don’t close a wrong position as soon as you are realized that it was a mistake; if you follow several trading systems and

strategies because you want to have as many trade setups as possible every day; if you still look for e-books and articles every day and you read them and follow and try their directions and you are not happy with what you have learned; if you like to trade with small time frames to have more trade setups; if you set a big pip or monetary goal for yourself and you get upset when you can not achieve it… THEN you are not able to control your greed.

I don’t say you are greedy. I say you are not able to control your greed. Because everybody is greedy. The difference is some people are able to control their greed and some people are not.
Now let me share something with you today. Then I will tell you what to do to become able to control your greed and become a profitable forex trader. Please read the below paragraphs to see what made me talk about greed:

Last Friday the daily candlesticks had formed a very strong sell signal with several currency pairs including NZD-USDwhich had the best trade setup, but unfortunately market was opened on Sunday afternoon with a big gap, almost in all of the currency pairs that had already formed a trade setup. Usually when market opens with a gap, it is used to go against the gap direction and fill it because those traders who already had a

position from the last week, when they see they are in a big profit because of the gap, they get overwhelmed and close their positions to collect their profit and so price goes to the other direction right after the market open. But last night it didn’t fill the gap and kept on going down. In these cases, I just call it bad luck and then forget about it and wait for another trade setup. I never enter if I am late. If I can enter on time and

with the price that I should enter, I do it, otherwise I ignore the trade. This is a very important aspect of discipline that a trader should have. Our greed pushes us to enter even when it is too late. I know it is a pain to see a good and a strong trade setup runs away from you while you are not on board, but this is part of the game too. We can not catch all the movements.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 6:28pm On Dec 20, 2015
Happy New Week Friends!

I trust you're all enjoying Sunday's rest? Well, as professional traders, we all have interesting experiences to share. I have lots and lots...both from my personal experiences and also from the experiences of the hundreds of people I have trained and tutored over the years as well as that of other traders told me by themselves. Of course, names would be changed to protect the identities of the persons in the stories.

So, let's spice up our Sunday afternoon!

This Serie is titled:

***INCREDIBLE ACTS OF STUPIDITY*** Happy reading!

INTERNET-AXED!!!
2010, Accra-Ghana.
Emmanuel was rounding up his studies in the UK when he first learned about Forex. He immediately opened a demo account with a Forex broker and began demo trading. Goaded on by the well-trained brokerage marketer, Emmanuel soon opened a live account and deposited 300 Pounds Sterling a day after. A few webinars from the broker convinced him it was time to make money online. However, 2 days into his Forex adventure, Emmanuel had new information-his first with Forex-which is that it is possible to spend 300 pounds without a thing to show, or at least a 'thank you' note from the recipient.

Not one to be deterred, he decided that the problem was he started with too little money. So, armed with this conviction he returned to Ghana and got busy putting money together to replenish his account. Soon enough, he got $10,000 and funded his account and was soon ready to relaunch his bid to be the next George Soros. All seemed to go well at the beginning, as his account grew by $3,000 in 2 days! Never mind that he used heavy lots and didn't bother with stop losses, after all he was only scalping.

Emmanuel was forgot one thing though; he was back in Ghana, a country still struggling to have reliable internet infrastructure. Well, as fate would have it, days later, there was internet down-time. It started about 11:00am, well into Emmanuel's trading day. He had about 8 trades going when he got disconnected. Initially, he didn't know and thought it was a little odd that the market was quite still.

Soon, the realization hit him and he resorted to trying all modems of the networks he was subscribed to, all to no avail. He dashed out of his apartment, laptop in hand to the nearest cafe, only to find the place was locked. He began to sweat heavily and became jittery. He flagged down a taxi and was soon at another internet cafe where he was informed that there was a problem with internet service so they were not operating. And the next cafe, and then the next. Then he heard information that nearly made him go into a coma; there was internet blackout country-wide. A satellite that supplied internet to the country was offline due to technical problems...

Emmanuel dash out of the internet cafe holding his laptop and marching up down the road, shouting $10,000! $10,000!! $10,000!!! Tears streaming down his face. Unfortunately, it took an extra 2 days for the satellite's problems to be fixed and internet restored. It was announced on TV that many a business had lost revenue. Sadly, for Emmanuel the loss was his $10,000.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 6:32pm On Dec 20, 2015
Happy New Week Friends!

I trust you're all enjoying Sunday's rest? Well, as professional traders, we all have interesting experiences to share. I have lots and lots...both from my personal experiences and also from the experiences of the hundreds of people I have trained and tutored over the years as well as that of other traders told me by them. Of course, names would be changed to protect the identities of the persons in the stories.

So, let's spice up our Sunday afternoon!

This Serie is titled:

***INCREDIBLE ACTS OF STUPIDITY*** Happy reading!

INTERNET-AXED!!!
2010, Accra-Ghana.

Emmanuel was rounding up his studies in the UK when he first learned about Forex. He immediately opened a demo account with a Forex broker and began demo trading. Goaded on by the well-trained brokerage marketer, Emmanuel soon opened a live account and deposited 300 Pounds Sterling a day after. A few webinars from the broker convinced him it was time to make money online. However, 2 days into his Forex adventure, Emmanuel had new information-his first with Forex-which is that it is possible to spend 300 pounds without a thing to show, or at least a 'thank you' note from the recipient.

Not one to be deterred, he decided that the problem was he started with too little money. So, armed with this conviction he returned to Ghana and got busy putting money together to replenish his account. Soon enough, he got $10,000 and funded his account and was soon ready to relaunch his bid to be the next George Soros. All seemed to go well at the beginning, as his account grew by $3,000 in 2 days! Never mind that he used heavy lots and didn't bother with stop losses, after all he was only scalping.

Emmanuel was forgot one thing though; he was back in Ghana, a country still struggling to have reliable internet infrastructure. Well, as fate would have it, days later, there was internet down-time. It started about 11:00am, well into Emmanuel's trading day. He had about 8 trades going when he got disconnected. Initially, he didn't know and thought it was a little odd that the market was quite still.

Soon, the realization hit him and he resorted to trying all modems of the networks he was subscribed to, all to no avail. He dashed out of his apartment, laptop in hand to the nearest cafe, only to find the place was locked. He began to sweat heavily and became jittery. He flagged down a taxi and was soon at another internet cafe where he was informed that there was a problem with internet service so they were not operating. And the next cafe, and then the next. Then he heard information that nearly made him go into a coma; there was internet blackout country-wide. A satellite that supplied internet to the country was offline due to technical problems...

Emmanuel dash out of the internet cafe holding his laptop and marching up down the road, shouting $10,000! $10,000!! $10,000!!! Tears streaming down his face. Unfortunately, it took an extra 2 days for the satellite's problems to be fixed and internet restored. It was announced on TV that many a business had lost revenue. Sadly, for Emmanuel the loss was his $10,000.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 2:10pm On Dec 23, 2015
Good day friends
I've been trying to update this thread for over a day now but its not been possible. I hope you are enjoying the season? And for many professional traders and managers like myself, it's time to appraise the outgoing year; what worked and what didn't work so well? I hope you are taking time out to do likewise.

I have a little advice for you. There is a great book written by Mark Douglas for Forex traders. The title is "Trading In The Zone'. In the book, Mark teaches on how to master self to become a Master Trader. If you haven't read it, I have tried attaching attaching a pdf copy here since yesterday or so, without success. However, you can get a free copy online. Your outlook on your trading would be positively altered significantly.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 5:54pm On Dec 23, 2015
Hi,
You probably have heard of MonteCarlo Simulation? It's a great analytical tool for your trading system. You can assess the feasibility and profitability of different Risk/Reward ratio, Win/Loss ratio and Drawdown combinations, and also you can foretell if that trading system would be worth your hassle in the long-run. It plots a graph that shows predicts what your account statement would look like!

You can download a copy below and try it out!
NB: Don't type in validated cells!

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by OCTAVO: 11:36pm On Dec 24, 2015
Good one.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 1:36pm On Dec 25, 2015
Merry Christmas![/b][b][/b][b][i][/i]
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 2:05pm On Dec 25, 2015
Are you a Financial/Forex trader?

Are you a Forex educator?

Are you a Forex hedge fund manager?

Or a passionate investor in the Forex market?

If yes, then join me on this mission to transform Forex industry in Nigeria. Through collective effort, we can work on creating a CREDIBLE PLATFORM that would convince and restore the trust of interested investors.

If we work together, trust me, we would achieve success and everyone would be happy. The only ones who wouldn't be happy are the charlatans and scam artists who have raped the unsuspecting public for some years now; the reason many of us are still STRUGGLING and literally chasing people to give us a $1,000 Forex account to manage!

How can we work together?

It starts by contributing your opinion on how we can turn around the industry. Perhaps, you are content managing someone's $10,000. Well, that's being small-minded really. In the West, say the US for example, its difficult to get a hedge fund that'll take less than a million US dollars from an investor!

Many unregistered 'private hedge funds'-which are more like you managing accounts for a small number of friends and acquaintances-don't take less than $100,000 per person. So, wake up! Hedge Funds are the way to go! Literally, hundreds of millions of US dollars looking for above-average returns would locate you. YES! In this country, Nigeria. In spite of the prevalent economic hardship.
Studies have shown that capital investments especially in above-average-return portfolios increase in inverse proportion to dwindling economic fortunes!

But first, we need to collaborate to help restore confidence in this financial sub-sector.
I'm need like-minds to work with me on this PROJECT!

Merry Christmas!

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by surveycash(m): 3:49pm On Dec 26, 2015
danberg:
Are you a Financial/Forex trader?
Are you a Forex educator?
Are you a Forex hedge fund manager?
Or a passionate investor in the Forex market?
If yes, then join me on this mission to transform Forex industry in Nigeria. Through collective effort, we can work on creating a CREDIBLE PLATFORM that would convince and restore the trust of interested investors.
If we work together, trust me, we would achieve success and everyone would be happy. The only ones who wouldn't be happy are the charlatans and scam artists who have raped the unsuspecting public for some years now; the reason many of us are still STRUGGLING and literally chasing people to give us a $1,000 Forex account to manage!
How can we work together?
It starts by contributing your opinion on how we can turn around the industry. Perhaps, you are content managing someone's $10,000. Well, that's being small-minded really. In the West, say the US for example, its difficult to get a hedge fund that'll take less than a million US dollars from an investor!
Many unregistered 'private hedge funds'-which are more like you managing accounts for a small number of friends and acquaintances-don't take less than $100,000 per person. So, wake up! Hedge Funds are the way to go! Literally, hundreds of millions of US dollars looking for above-average returns would locate you. YES! In this country, Nigeria. In spite of the prevalent economic hardship.
Studies have shown that capital investments especially in above-average-return portfolios increase in inverse proportion to dwindling economic fortunes!
But first, we need to collaborate to help restore confidence in this financial sub-sector.
I'm need like-minds to work with me on this PROJECT!
Merry Christmas!

It will be difficult for investors to drop $100, 000 to individual fund manager in the current Nigerian FX terrain. The reason is simple - poor investor's confidence. This confidence can be boosted via institutionalisation of the fund management via hedge funds or regularization by the FGN.

If SEC is serious about regulating the industry, then we should see explosion in as soon as they step in. At that time, the real managers will be seperated from boys as there will be a capitalisation to get licences to operate as a manger/hedge fund which will serve as a reserve for the would-be investor.

I know few people who are coming up with their hedge fund soonest requiring 1b for capitalisation.

Am interested in joining a platform (hedge fund) that will perform the statutory functions of portfolio diversification and proper risk mangement.

1 Like

Re: Professional Forex Portfolio Managers Meet Here! by Edd1e(m): 7:39pm On Dec 26, 2015
@danberg, kind of love this idea... what does it take to be in on this project...
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 10:09pm On Dec 26, 2015
Exactly! The reason for this thread Surveycash. Before SEC comes into the picture, there would have to have been very notable commercial activity in Forex investing etc, as seen in other sub-sectors of the organized private sector to get their notice. By then, many of the highly placed and those in government must have heard of it or participated themselves, then and only then can legislation come into play which will not only legitimize but also give official recognition to this currently prostrate sub-sector.

SEC would be directed and their mandate expanded to regulate the sub-sector, like NFA and CTFC do in the US and FSA does in the UK. And then much more money, especially corporate funds would pour into the Forex hedge fund industry as you rightly mentioned. But then, if we do not buckle up and get our acts together instead of being the go-it-alone, individual lone-ranger-fund manager/Forex trader, how do we create the momentum that would get the government and it's relevant agencies to notice and do the needful?

We need to synergize and generate the needed momentum, through creating a respectable platform that can would project a strong credibility brand, while also sensitizing the public through dissemination of the right information about Forex and also through sound educating. We would achieve success when every trader who dreams of managing reasonable funds knows that he needs to be verified and approved by our platform before any serious investor would even take notice.





surveycash:


It will be difficult for investors to drop $100, 000 to individual fund manager in the current Nigerian FX terrain. The reason is simple - poor investor's confidence. This confidence can be boosted via institutionalisation of the fund management via hedge funds or regularization by the FGN.

If SEC is serious about regulating the industry, then we should see explosion in as soon as they step in. At that time, the real managers will be seperated from boys as there will be a capitalisation to get licences to operate as a manger/hedge fund which will serve as a reserve for the would-be investor.

I know few people who are coming up with their hedge fund soonest requiring 1b for capitalisation.

Am interested in joining a platform (hedge fund) that will perform the statutory functions of portfolio diversification and proper risk mangement.
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 10:15pm On Dec 26, 2015
Thanks for your comment Edd1e. To be in, is to signify your interest which you've done! Please, let's brainstorm and troubleshoot together here to keep thread alive. Also, you may want to add me up on Skype: daniel.doxacapitaltd. A team is already being created there for this purpose.

Thanks again!

Edd1e:
@danberg, kind of love this idea... what does it take to be in on this project...
Re: Professional Forex Portfolio Managers Meet Here! by 69MissedCalls(m): 10:27pm On Dec 26, 2015
danberg:


Thanks for your post 69MIssedCalls. I have visited the site you mentioned. Sadly, it's a HYIP. I'm not saying they are not credible but trust me, that is a very unlikely chance they are. Now, there are red flags, from my preliminary investigation; for one, they do not provide a physical address meaning should they decide to go offline, there'll be no hope of taking legal action against them. Also, typical with HYIPs, they promise fantastic returns!

One, went offline recently with almost a million dollars including an acquaintance's. Be well advised friend!

If you have funds needing investing, let me know. You would be in much safer hands! Just my two-pence.

Thanks alot! Yes I need a safe investment that gives stead returns
Re: Professional Forex Portfolio Managers Meet Here! by danberg: 10:34pm On Dec 26, 2015
You're most welcome.

Okay. Do send me a pm or, email me: d.energeotrading@gmail.com or call me on:+234-9094880544 or +234-8067-26-2104.
Cheers!

69MissedCalls:


Thanks alot! Yes I need a safe investment that gives stead returns

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Re: Professional Forex Portfolio Managers Meet Here! by danberg: 10:14pm On Dec 27, 2015
Hey, Surveycash. On the hedge fund issue you mentioned, come on board and let's discuss this. It's all part of creating a respectable platform for Forex investing.
Cheers!

surveycash:


It will be difficult for investors to drop $100, 000 to individual fund manager in the current Nigerian FX terrain. The reason is simple - poor investor's confidence. This confidence can be boosted via institutionalisation of the fund management via hedge funds or regularization by the FGN.

If SEC is serious about regulating the industry, then we should see explosion in as soon as they step in. At that time, the real managers will be seperated from boys as there will be a capitalisation to get licences to operate as a manger/hedge fund which will serve as a reserve for the would-be investor.

I know few people who are coming up with their hedge fund soonest requiring 1b for capitalisation.

Am interested in joining a platform (hedge fund) that will perform the statutory functions of portfolio diversification and proper risk mangement.
Re: Professional Forex Portfolio Managers Meet Here! by surveycash(m): 1:45pm On Dec 28, 2015
danberg:
Exactly! The reason for this thread Surveycash. Before SEC comes into the picture, there would have to have been very notable commercial activity in Forex investing etc, as seen in other sub-sectors of the organized private sector to get their notice. By then, many of the highly placed and those in government must have heard of it or participated themselves, then and only then can legislation come into play which will not only legitimize but also give official recognition to this currently prostrate sub-sector.

SEC would be directed and their mandate expanded to regulate the sub-sector, like NFA and CTFC do in the US and FSA does in the UK. And then much more money, especially corporate funds would pour into the Forex hedge fund industry as you rightly mentioned. But then, if we do not buckle up and get our acts together instead of being the go-it-alone, individual lone-ranger-fund manager/Forex trader, how do we create the momentum that would get the government and it's relevant agencies to notice and do the needful?

We need to synergize and generate the needed momentum, through creating a respectable platform that can would project a strong credibility brand, while also sensitizing the public through dissemination of the right information about Forex and also through sound educating. We would achieve success when every trader who dreams of managing reasonable funds knows that he needs to be verified and approved by our platform before any serious investor would even take notice.


SEC is coming in very soon (next year hopefully). There has been several meetings with stakeholders with the most recent held 2 weeks ago.

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