Trading at home, being your own boss, having real financial freedom. That’s why most people get involved with forex.
The average trader has less than $5,000 in his account. You’re thinking that you need to make well above 100% annual returns for YEARS before trading could possibly provide an income to live off of.
How are you going to make it big?
You are setting the bar WAY too high. You don’t need to shoot for returns of a million bajillion percent per year to make a lot of money. Most institutional investors would kill for 20% a year.
How can I amplify my 20% annual returns?
Let’s do some simple math. You make 20% per year on your $5,000 trading account. That’s a profit of $1,000.
But, I said you could make a 140% return on your trading account. If you have an account with $5,000 in it, that’s a total profit of $7,000. You start the year with $5,000. You finish the year with $12,000.
So far, I’ve only calculated the first $1,000 of profit. Where’s the remaining $6,000? Where is that coming from?
You trade other people’s money to increase your own profit.
Say that you’re like Amir Samih from Egypt and that you received an allocation of $120,000. You earn 20% annually on the allocation, of which you get to keep 25%.
$120,000 * 20% annual return = $24,000 annually
You get to keep 25% of $24,000, which is $6,000.
You make $1,000 trading your own money. You make $6,000 trading the allocation.
Voila – you make $7,000 a year in profit with only $5,000 in your account. $5,000 becomes $12,000 in only one year. A 20% annual return magnifies 7x by having investors.
How am I going to get an investor?
Not the way you’re thinking. Trading money for other people is a highly regulated industry. In the United States, for example, you have to register with the NFA. In Europe, you have to follow MiFID II regulations. All of this requres a serious time commitment to find people willing to invest in your trading skills.
Even worse, you would have to raise at least $10 million dollars to offset your regulatory costs. That’s totally out of reach for most people.
You don’t need to shoot for returns of a million bajillion percent per year to make a lot of money.
The best way for you, the stay at home trader, to raise money is by signing up for free with TopTradr. TopTradr is a specialized proprietary trading firm that discovers hidden talent and backs that talent with its own money.
It’s a pure meritocracy. You don’t need to do any sales or marketing. You don’t need to meet any education or experience requirements. You’ll never be asked for a CV.
Trade well, make a profit and you’ll earn points on Top Tradr. The more points you earn and the longer your track record, the more money you’ll be able to receive and apply towards trading.
How are points awarded?
The exact formula is not publicly shared to avoid traders trying to game the system. That said, the allocation rules are very straight forward. You need to be profitable. You need to be consistent.
Here are some specifics on how to maximize your chances of winning an allocation.
- You need to be positive on the period to have a score above 100.
- For each trade you get points based on the % returns of the trade and the risk / reward of that trade. If the drawdown is 10pts and you get 100pts out of the trade, you get a lot of points. If you get 100pts but have 500pts of drawdown, the trade will score much lower.
- The sum of your points is then factored by the consistency of your daily equity growth. If you are up one day 10% then down 20% then up 30% and are not consistent, this factor will be low. If you do 2% every month, then this factor will be sky high.
Does this cost money?
No. The program is 100% free to participate. In order for TopTradr to find talented traders, the service must always remain open to the general public free of charge.
How do I participate?
Sign up using the form below. You will create a TopTradr profile and receive instructions for how to hook your live forex trading account up to TopTradr. Everything after that is completely automatic. TopTradr watches your live trading and assigns you points. When you earn enough points, you receive automatic allocations every 2 weeks. When you earn a profit, you receive 25% of the total profit once per quarter.
Are you ready to magnify your returns by trading TopTradr’s money? Click here to get started.