My Journey To Manage $1,000,000 Through Copy Trading (Forex Challenge)

ChulloMarketing

ChulloMarketing

Regular Member
Joined
Jul 12, 2011
Messages
294
Reaction score
98
Starting my journey from 0-$1,000,000 in assets under management via copy trading...

As you can see right now, I only have 2 investors with a total of $600 in the pot.

My strategy is simple and you can follow the results via MYFXBOOK.

LFG 2024 Im making a MILLION DOLLARS through trading...

I will update this every week till the end of the year...

screenshot-www.myfxbook.com-2024.05.10-21_10_41.png
screenshot-social.xm.com-2024.05.10-21_10_26.png
 
Advertise on BHW
I am into XAUUSD trading too. But that much profitable though. Going to follow you.
 
I appreciate all the feedback. Yes it might sound crazy, but I believe its acheivable.

I already manage a small hedgefund with capital from family & and friends… So I will be helping them set up their accounts on the copytrading platform.

What I need now is a longer track record that is VERIFIED, once I got a couple months of trading history in… I should be able to break the $100k barrier and blast off.

The challenge is to manage $1 Million, not make a Million.

Lets break down the math.

Copytrade funds: $10k
Return per month: 30% avg ($3k)
My cut is 30%: $1k Aprox

Copytrade funds: $100k
Return per month: 30% avg ($30k)
My cut is 30%: $10k Aprox

Copytrade funds: $1,000,000
Return per month: 30% avg ($300k)
My cut is 30%: $100k Aprox

Things can get crazy real quick.

2024 gonna make it happen.
 
Becuase one of my Expertise is Forex Trading I will say that I see a few problems.

First of all you chose a Bad Broker. XM is known to be a Market Maker Broker, There for anything relates to this Broker is very questionable.
You should choose a different Broker for example: PepperStone, IcMarkets and Such. with ECN/STP Accounts

2nd is the Drawdown, if you won't decrease your drawdown this simply won't work.
 
DavidG1510 said:
Becuase one of my Expertise is Forex Trading I will say that I see a few problems.

First of all you chose a Bad Broker. XM is known to be a Market Maker Broker, There for anything relates to this Broker is very questionable.
You should choose a different Broker for example: PepperStone, IcMarkets and Such. with ECN/STP Accounts

2nd is the Drawdown, if you won't decrease your drawdown this simply won't work.
Click to expand...
I understand where you come from, usually, my drawdown stays between 10-20% max, got into a few gold positions last week and made 20% off that trade alone...

XM is a legit broker, they might be a market maker, but their support and Copy Trading platform is a beast...

Do you know of any other Brokers that have Copy Trading on their platform?

Cheers
 
caroljordan1987 said:
I understand where you come from, usually, my drawdown stays between 10-20% max, got into a few gold positions last week and made 20% off that trade alone...

XM is a legit broker, they might be a market maker, but their support and Copy Trading platform is a beast...

Do you know of any other Brokers that have Copy Trading on their platform?

Cheers
Click to expand...
Any Broker that works with MT4/MT5 will work with Copy Trading on their Platform.
Basically Go to Pepperstone AU.
 
I love these posts where seem like everything is so easy that it makes you want to try it.

I would like to keep up to date with this thread. I don't have a f*ng idea about trading, but I think it would be good to copy signals haha.

The best of luck. Please keep us updated.
 
DavidG1510 said:
Any Broker that works with MT4/MT5 will work with Copy Trading on their Platform.
Basically Go to Pepperstone AU.
Click to expand...
Might open up different broker accounts to try different copy trading platforms. Thanks for the tip.
 
caroljordan1987 said:
I appreciate all the feedback. Yes it might sound crazy, but I believe its acheivable.

I already manage a small hedgefund with capital from family & and friends… So I will be helping them set up their accounts on the copytrading platform.

What I need now is a longer track record that is VERIFIED, once I got a couple months of trading history in… I should be able to break the $100k barrier and blast off.

The challenge is to manage $1 Million, not make a Million.

Lets break down the math.

Copytrade funds: $10k
Return per month: 30% avg ($3k)
My cut is 30%: $1k Aprox

Copytrade funds: $100k
Return per month: 30% avg ($30k)
My cut is 30%: $10k Aprox

Copytrade funds: $1,000,000
Return per month: 30% avg ($300k)
My cut is 30%: $100k Aprox

Things can get crazy real quick.

2024 gonna make it happen.
Click to expand...
Return per month 30 %. No one has ever got it on long run even annually. So good luck beating it.
 
awesomewebsites said:
Return per month 30 %. No one has ever got it on long run even annually. So good luck beating it.
Click to expand...
10% per month is the min I am aiming for, there is gonna be better months for sure. Thanks, I am Locked in and ready to break that goal this year
 
One more Tip.
Do not Aim for a specific Monthly ROI.
People will invest millions even if you show them 3% Monthly ROI. Basically its about stability.
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Networking Downloads

Marketplace

Account Selling Content / Copywriting Hosting Images, Logos & Videos Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Misc

Making Money

Affiliate Programs Hire a Freelancer Making Money Pay Per Click Site Flipping

BlackHatWorld

BHW Merch Forum Suggestions & Feedback Introductions Lounge Dispute Resolution

Other

Domain Name Forum IM Journeys Web Hosting Newsletter
Back
Top