Whatever it is,
Just remember to set the drawdown limits...
Else, the agent will blame the investors when shits happens, eventhough the agent may not hv informed the investors about that DD setting option

Investors must take responsible on own investment. No one to blame when come to FX investment, FX itself is a high risk investment. High risk high return, it's NEVER low risk high return like certain cockcroaches dreaming for.

MUM, if someone cant take risk, why bother to invest on FX? Go for FD or saving fund. Dont blame agent or traders. Understand your own investment appetite.

In our opinion, it's pointlesss to set your own drawdown when you are not the trader. Why?

1st. You never know it will start recovering after hit your drawdown, hence you will missed the recovery period. Who to blame?

2nd. Trade yourself if you dont trust the trader.

3rd. If you have USD10k and you can only take 30% drawdown, then you should invest USD3,000 instead of USD10k.

This post has been edited by DrFX: Sep 23 2023, 10:21 PM

If no set draw down, when suffer losses like DD 100%, and make noise, The agent will blame the investor...
It had happened before

This post has been edited by MUM: Sep 23 2023, 10:35 PM

I believe it started with an uneducated investor with wrong expectation make noise and blame for the losses. No one to blame when come to high risk investment. Every investor must take own responsibility. I loss and make good profits before with different traders. I also loss plenty of money on Public mutual fund. Who to blame? No one. Take it or leave it.

There is no guaranteed in genuine investment.

This post has been edited by Equity: Sep 23 2023, 11:23 PM

Set the draw down limits....
No set if all burnt, ...

Set limits if burnt, there is a limit

If agent did not tell about that, but just tell them to buy in or join....
Then, ....

If you lose alot of money in just 1 Public mutual fund , then did that agent tell you to buy just 1 fund with alot of money? DId he tell you to buy within the limit that suit your own limit in that 1 fund?
Did he tell you to diversified into multiple sectors, region etc etc...each has to allocate within own prefered limits
Set limits for each to limit the losses

Did you read our suggestion?

Very few brokers offer drawdown limit as anything can happen in FX markets within seconds or minutes. One of the brokers we know is ATC.

Limit your investment amount is better than limit drawdown. Only invest with money that you can afford to lose.

This post has been edited by DrFX: Sep 23 2023, 11:43 PM

Previously When this forummer make noise about it...

Read the comments from the view of those that stand from the company's POV.

VESBOLT INVESTMENT PLAN !, PLEASE READ IT B4 YOU START INVEST WITH.
https://forum.lowyat.net/topic/4928120




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Yes i remember. It's not about investing on the company. It's the trader that everyone choose to invest on. She selected the high returns trader but expect low risk. LOL.

Just like which fundS i choose to invest on PUBLIC MUTUAL FUND.

This post has been edited by Equity: Sep 23 2023, 11:47 PM

Someone asked why did not set draw down limit

Every traders have different trading strategies and dont think it's right to ask this question. Some trading strategies have long holding period, some traders trade only for few seconds or minutes. It's about the trader and strategies that you invested on.

If you want short holding period with tight stop loss, look for scalping strategies or high frequency trading.

Why this investor never diversify? Like you ask me about my Public mutual funds.

This post has been edited by Equity: Sep 23 2023, 11:53 PM

Someone asked that forummer why he did not set dd limits so that he can control his losses.
Not ask traders to set their trading limits

Few possibilities,

1: The broker she trading with did not have this preset option.
2: The investor think there are chances of recovery hence she took further risk.
3: She choose to blame when things not going her way.

End of the day, no one can make decision for 3rd party. Investors always responsible for own investment.



This post has been edited by Equity: Sep 24 2023, 12:11 AM

That is why I posted this earlier...

This post has been edited by MUM: Sep 24 2023, 12:10 AM

deleted

This post has been edited by zib5: Oct 31 2023, 12:30 PM

Yes, we think you should. It's operated by Indonesian FX scammers.

Dont worry, i'm a risk taker and i only invest with money that i willing to risk on. All i need is genuine trader with proven track records. As long as not fx rubbish like Triumphfx, it will be fine.

Thanks for sharing. Will look into it.

BTW, ....before Dec22, all those believers that had joined it for years (some since 2013) did not see any rubbish but consistence returns every cycles.
Those non believers cannot find evidence of rubbish but can only speculates.
Rubbishes were found after Dec22...AFTER that "thing" happened.

Yes, tier 1 broker are much safer.
Try seek those that are regulated in Spore then if want can go open an account from there....nearby and quicker trip cum site seeing holiday

This post has been edited by MUM: Sep 27 2023, 07:24 AM

This post has been edited by zib5: Oct 31 2023, 12:30 PM

what "thing"?

The company converted investor's USD to their own created TFX crypto coins

This post has been edited by MUM: Sep 29 2023, 08:07 AM