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Pro trader wanted

Discussion in 'Services Offered' started by J.Smith, Jun 15, 2011.

  1. J.Smith

    J.Smith Private

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    We are seeking for Pro trader to manage our accounts​



    Preliminary competition will start from July 01, 2011 to December 30, 2011.
    Each trader will trade a 100k demo account provided that:
    Maximum DD <5%
    Maximum floating DD <5%
    Minimum 2.5% profit per month.
    Minimum 10 Trades per month.

    The trader qualify pre-qualification will be given a real 10k account. After six months of real trade if they are qualified will be given a real 100k account. After a year if the trade would be stable, trader will be given a real 1000K account to manage.

    Benefits:
    Trader will be paid 20% of net profit gain.

    The interested candidates please contact us for further information.
    Mr: Smith - Email: smithfxfunds[at]gmail[dot]com

    Thank you.
     
  2. MichelAnge21

    MichelAnge21 Sergeant

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    Yeah right. Scammer
     
  3. Pharaoh

    Pharaoh Colonel

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    Overall, those limits on risk and drawdown are good, but I don't think any legitimate company would post classified ads asking people to do this on demo as their primary method of recruitment.

    The question is, where's the scam?

    It could be that they really do get some traders who can do well on demo, then start advertising and use the best of those demos as claimed results.

    It could be that they tell all the traders "That's good, but not good enough. Just take this (very expensive) training and we'll hire you."

    I'm sure there are some other options.
     
  4. MichelAnge21

    MichelAnge21 Sergeant

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    For such scams, the bait is generally that those who answer are offered an expensive training course with the prospect of becoming a "pro trader" for their managed accounts after completing the formation. You can see they are baiting with a 1000k account to manage after one year of training and a 20% share of the profit you are able to make for the " clients " who, of course, dont exist. If I had clients with 1 million dollars accounts, I sure would nt recruit pro traders by offering the job to total newbies at the FPA and my wealthy clients sure would not be amused.
     
  5. Pharaoh

    Pharaoh Colonel

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    That's why I need to read these things more carefully. :D

    Personally, I've always wondered why these "pay a fortune for education and we'll give you money to manage" scams don't ever seem to be linked to a "we've trained the best of the best to be even better - give us your money to manage" scams. It would seem logical to scam in both directions at once, but I haven't seen an overlap yet.
     
  6. J.Smith

    J.Smith Private

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    Why do we have to train a Pro trader with max DD <5%?
    How many Pro traders in the world like that do you know?
    Can you show me a Pro trader if you don’t mind?

    At least we can not find any one here http://www.forexpeacearmy.com/test_lab/all_services

    Thanks for your understanding.
     
  7. J.Smith

    J.Smith Private

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    Pro Trader Contest Rules:​



    1. A participant cannot register more than one account.
    2. A participant register in his/her real name.
    3. We are obliged to keep all contest participant information confidential. Thus, only the nickname, country, and city of each participant are published in the current and overall ratings.
    4. The account is eligible for the contest is Classic-mt4 demo account. An available deposit currency is USD (US Dollar).
    5. The deposit on a contest account, by currency is: 100.000,00 USD (100k)
    6. A contest participant should read these rules carefully and adhere to them during the contest. Not knowing the rules will not be considered legitimate grounds for a complaint.
    7. Date and time information for registration and each contest is detailed below:
    Registration from 01.07.2011 to 31.07.2011.
    Start — 00:00, 01.07.2011. End — 23:59, 31.12.2011.
    Note: All time indicated in the broker’s platform.
    8. A contest participant shall carry out all operations on their Classic-mt4 demo trading account.
    9. Contest participants have the right to open positions of any size (as is allowed by the free margin on the trading account).
    10. At the end of the contest (23:59, 31.12.2011), all open positions on the account will be closed by contest participants.
    11. Conditions pass the Pro Trader Contest:
    a. Maximum DD <5%
    b. Maximum floating DD <5%
    c. Minimum 2.5% profit per month.
    d. Minimum 10 Trades per month.
    12. Benefits:
    Contest participants qualify pre-qualification will be given a real 10k Managed Account. After six months of real trading if they are qualified, trader will be given a real 100k Managed Account. After one year if the trade would be stable, trader will be given a real 1000K Managed Account.
    Trader will be paid 20% of net profit gain (high water mark).

    The interested candidates please contact us for further information. Mr: Smith - Email: smithfxfunds@gmail.com

    Thank you.
     
  8. Stones

    Stones Recruit

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    Another option...

    It could be that they ask you to open a demo account on their Alpari IB's link!
     
  9. J.Smith

    J.Smith Private

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    We are very pleased to announce the results of the "Pro trader" competition. First round between 01/07/2011 - 30/09/2011 with the participation of more than 1,000 traders worldwide. The end result to date is 30/09/2011... 99% do not meet our requirements, in the remaining 1% there is a trader who entered the competition with his real account and who have best results in the top 1% lead. This trader not only meets the requirements of the first three months of the competition, he also has more consecutive six-months results exceeded our expectations. After carefully research and analysis of his performance, we have decided to give this trader one million dollars account to manage and if after a year while maintaining the stability results, we will entrust him manage ten million dollars.

    The results six months of this trader as follows:
    4 / 2011: +16.60%
    5 / 2011: +5.90%
    6 / 2011: +5.50%
    7 / 2011: +3.60%
    8 / 2011: +17.80%
    9 / 2011: +5.70%
    Total: +55.10% (no loss in consecutive six months)
    Max DD: -3.89%
    Floating Max DD: -4.10%
    Closed: 89 trades

    Performance link: MT4Live.com - Share Your MT4 Statements Free


    If you get the same results, do not hesitate to contact us at email address: smithfxfunds@gmail.com

    Thanks.
     
  10. J.Smith

    J.Smith Private

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    Pro Trader Live Contest




    Pro Trader Live Contest Rules:​


    1. A participant cannot register more than one account.

    2. A participant register in his/her real name.

    3. We are obliged to keep all contest participant information confidential. Thus, only the nickname, country, and city of each participant are published in the current and overall ratings.

    4. The account is eligible for the contest is live account. An available deposit currency is USD (US Dollar).

    5. The deposit on a contest account, by currency is: 1000.00 USD (1k).

    6. A contest participant should read these rules carefully and adhere to them during the contest. Not knowing the rules will not be considered legitimate grounds for a complaint.

    7. Date and time information for registration of the contest is detailed below:
    Registration from Dec 01, 2011 to Dec 31, 2011.
    Start: 00:00, Jan 01, 2012.* End: 23:59, Dec 31, 2012.

    Note: All time indicated in the broker’s platform.

    8. A contest participant shall carry out all operations on their live trading account.

    9. Contest participants have the right to open positions of any size (as is allowed by the free margin on the trading account).

    10. At the end of the contest (23:59, Dec 31, 2012), all open positions on the account will be closed by contest participants.

    11. Conditions to pass the Pro Trader Live Contest:
    a. Maximum DD <5%
    b. Maximum floating DD <5%
    c. Minimum 50% profit (Dec 31, 2012).
    d. Minimum 5 closed trades every month.

    12. Benefits:
    Contest participants qualify pre-qualification will be given a real 1 (one) million account to manage. After one year if the trade would be stable, trader will be given a real 10 (ten) millions account to manage.

    Trader will be paid 20% of net profit gain + bonus.

    The interested candidates please contact us for further information. Mr: John - Email: prolivecontest@gmail.com

    Thanks for reading.

    John
     

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