eToro – Forex Trading Forum

by **Bigfish** on 08 Sep 2008

If your looking for a Mentor, I am currently looking for a Mentee. The thing that I will teach you wont take longer then 7-10 hours of teaching. Once you learned the basic technique you will generate once per week 5-10% of your bankroll during a session of 2 hour. To show that my technique works I will post here weekly my results.
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The requirement for the mentorship is:
1. You need to be able to trade nearly every Wednesday between 8.00 P.M-10.00P.M GMT
2. You havent made a real account on eToro yet.
3. I want you to open an Swiss Bank account at GE Money Bank (https://www.gemoneybank.ch/en/index.html). There are several reason for that:
- I want you to take the mentorship serious.
- I will reward your success with giving you part of the revenue share the more often and the more successful your trading.
- I want you to tell other people about my mentorship and bring them to me.
4. You have to be able to speak and write english or german fluid.
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For who is that Mentorship good?
This Mentorship is mainly good for people like me to build up their bankroll and that dont have a lot of time to sitting on the computer or reading a lot of newspapers, all it uses are basic fundamental knowledge about the forex market.
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What will you get?

You will learn a fundamental strategy that can be applied weekly to earn 5%-10% of your Bankroll.
If you got 1000$ you can get weekly about 50-100$ in 2 hours.
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What will it cost you?

1. It will cost you less then 7 hours to learn the basic of the strategy.
2. It cost you 2 hours per week on Wednesday from 8.P.M-10P.M (Thursday if you live more then 3 hours east of London GMT)
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What is the risk of the strategy that I am teaching?
The strategy that I am teaching involves putting up to 50% of your Bankroll into the Market. To earn around 5-15 Pips. I am using a Risk Level of 200x what ever happens you will exit the market past 10.P.M since I cant predict what happening after that time. Risking 50 Pips to earn 5-15 Pips? Sounds a bit crazy since you have to be 3-10 times right before you can allow yourself a mistake. But since I just trade on a really short time period I have never meet more then a 10 Pip loss in a trade since 3 months.
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What do I get for mentoring you?

My main earning from mentoring you is that eToro pays me a share of the spread that you are trading. So the better and bigger cash you trade the more I earn. So my main to make your tradings profitable, so you keep earning money and trading so I get some share of the spread. Its a win-win situation for you and me. I teach you a profitable strategy and your trading brings me revenue share.

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My goal is to build up my bankroll each week steadly up with a performance of around 5% per week. Today my Bankroll is exactly 1728.17$
Week Expected Bankroll - Realised Bankroll
37 1814.50 2139.6
38 1905.20
39 2000.00
40 2100
41 2205
42 2315.25
43 2431.00
44 2552.6
45 2680
46 2814
47 2955
48 3102.75
49 3258
50 3421 (at the end of the year I hope to have doubled my money)
51 3592
52 3771

Those numbers can change anytime, since I hope to get a Deposit Bonus from eToro. It has been quite some time since the last one. With a Bankroll of 10000$ I hope to get a weekly extra income of 500-1000$ weekly.

by **Bigfish** on 08 Sep 2008

My Bankroll is 1410.27 at the Beginning of the session.

50k [Level 200 x Risk ammount 250$]Profit after spread = -4.57$
50k [Level 200 x Risk ammount 250$]Profit after spread = 4.57$
50k [Level 200 x Risk ammount 250$]Profit after spread = 41.09$
50k [Level 200 x Risk ammount 250$]Profit after spread = 4.57$
50k [Level 200 x Risk ammount 250$]Profit after spread = -50.22$ 11 Pip loss
50k [Level 200 x Risk ammount 250$]Profit after spread = 18.26$
My Bankroll is 1423.97 at the End of the session a nice profit of 13.7$ or 0.97%

I spent 73.04$ on paying spread.

by **Bigfish** on 08 Sep 2008

My Bankroll is 1455.93 at the Beginning of the session.
10k [Level 400 x Risk ammount 25$] Profit after spread = 4.57$
50k [Level 200 x Risk ammount 250$]Profit after spread = 4.62$
10k [Level 400 x Risk ammount 25$] Profit after spread = 2.77$
10k [Level 200 x Risk ammount 50$] Profit after spread = -2.77$
50k [Level 200 x Risk ammount 250$]Profit after spread = 4.62$
50k [Level 200 x Risk ammount 250$]Profit after spread = 64.61$
50k [Level 200 x Risk ammount 250$]Profit after spread = 110.76$
50k [Level 200 x Risk ammount 250$]Profit after spread = 92.3$
My Bankroll is 1728.17 at the End of the session a nice profit of 272.24$ or 18.7%
to view more check out: following link:

http://3.bp.blogspot.com/_0aTthXBZn54/SMTmkrQ-0QI/AAAAAAAAAXg/9LHvROyN5UY/s1600-h/36.jpg.png

I spent 84.87$ on paying spread

by **Bigfish** on 09 Sep 2008

My Bankroll is 1728.17 at the Beginning of the Tuesday session.

Note:
I've done some testing if my trading system works also on other days then Wednesday. I meet a Movement of 100 Pips in 2 hours. that is why I had a 50 Pip Stop loss. It just went within some min from 188.60 Pips to 187.66 Pips. I used a Risk level of 200x, therefor dont recommend using a Risklevel of 400x.

10k [Level 200 x Risk ammount 50$] Profit after spread = 20.59$
10k [Level 200 x Risk ammount 50$] Profit after spread = 2.81$
10k [Level 200 x Risk ammount 50$] Profit after spread = -50.6$ 54 Pip loss
10k [Level 200 x Risk ammount 50$] Profit after spread = 7.47$
10k [Level 200 x Risk ammount 50$] Profit after spread = 56.04$ 56 Pip profit
10k [Level 200 x Risk ammount 50$] Profit after spread = 15.88$

My Bankroll is 1800.93 at the End of the session a nice profit of 72.76$ or 4.2%

My Bankroll is 1800.93 at the Beginning of the Wednesday session.

50k [Level 200 x Risk ammount 250$] Profit after spread = 92.9$
50k [Level 200 x Risk ammount 250$] Profit after spread = 51.1$
50k [Level 200 x Risk ammount 250$] Profit after spread = 64.89$
50k [Level 200 x Risk ammount 250$] Profit after spread = 37.08$
50k [Level 200 x Risk ammount 250$] Profit after spread = 92.7$

My Bankroll is 2139.6 at the End of the session a nice profit of 338.67$ or 18,8%

My Bankroll is 2139.6 at the Beginning of the Thursday session.

1161.67

My Bankroll is 1161.67 at the End of the session a decent loss of 977.93$ or -45.7%