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Update: As of 27/9/2023 system has been totally revamped. Most things have been automated. Above is the backtest video with 100% tick data. Worst expected drawdown is three months and about 60% of the account. Projected return is around 30% per month. Live myfxbook link is on the first page.

Ha! What a weird name right? I picked the name because I have failed so many times. I had several lightbulb moments when I thought; now is my time! I am now the best forex trader ever! But as many of us have experienced, those moments only lasted for several days. Those failures taught me that I need to be extremely careful and backtest more so that success is not just wishful thinking. I can make it a reality, I just need to backtest more and more and more.

This is a system that is designed to be valid even if the market deviates from its normal daily range and the average daily range is used to make sure that Stop Loss and Take Profit is optimal. I backtested the system with years of data. Finally, after about 13 years of tinkering I achieved consistency.

Now, I have done the tests, I am ready for the next chapter. I need more capital to scale up. I can assure you that this is more profitable than any of your other monetary investments.

The performance fee is 50% of the profit based on high-water mark. You would only pay if I have made you money. Please contact if you have any questions. My skype username is failuresfx. Telegram username is super1219.

What is a forex managed account?

A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.

Forex managed accounts can be compared to traditional investment accounts of equities and bonds, in the way that an investment manager handles the trading logistics. In no instance can a money manager withdraw or add funds to the account, they are granted trade only access to the account, and the investor has full control over their account.

I use PAMM for the managed accounts. Percentage allocation management module, also known as percentage allocation money management or PAMM, is a form of pooled money forex trading. An investor gets to allocate his or her money in desired proportion to the qualified trader(s)/money manager(s) of his or her choice. These traders/managers may manage multiple forex trading accounts using their own capital and such pooled moneys, with an aim to generate profits.
To demonstrate PAMM accounts further, let’s look at an example;

The participants in the PAMM Account setup:
forex broker/ forex brokerage firm
trader(s)/ money manager(s)

The investors (say Natalie, David, and Joe) are interested in reaping profits from forex trading, but they either don't have time to devote to trading activities or don’t have sufficient knowledge to trade forex. Enter the professional money manager (Marcus Aurelius), who has expertise in trading and managing other people’s money (like a mutual fund manager), along with his individual trading capital. Marcus Aurelius signs up with a broker as money manager to manage other investors’ money. The investors (Natalie, David and Joe) then sign up with Limited Power of Attorney (LPOA).

The crux of the signed agreement is that investors agree to take the risk for the forex trades, by giving their capital to their chosen money manager who will use the pooled money to trade forex per his trading style and strategy. It also states how much the money (or percentage) the manager will charge as his take for offering this service.

The role of forex broker is to:

Provide a secure, reliable platform that allows money managers and investors to interact.

Facilitate the trading activities of money managers within the realms of allowed regulations.

Facilitate the account keeping, deposits, withdrawal, and related activities.

If you have any questions or interested in the managed account offer, you can contact me using the form below and on skype. My skype username is failuresfx. Telegram username is super1219.