Thursday, July 22, 2021

Review of the Audacity Capital UK Trading Firm Funded Account: 1:5 Leverage : Starting Balance: $15,000.00

Did well last week and was able to close smoothly with minimal profit loss with my custom Expert Advisor. Recovered $1224.54 from the end of June to Today's date in July.

To view in detail, click on the screenshots below:











Snapshot of Various Brokers of 2020: Tradersway and UOB Brokers.

Tradersway Brokerage (UK, China, DR): 

Live Account 573085: (3/20-4/10) 1637 Trades. 1366 Profitable. 83.45.% Profitability. http://computermoneymagic.bravehost.com/dr4.htm 

 Live Account 582479: (4/07-5/04) 117 Trades. 98 Profitable. 83.76% Profitability. http://computermoneymagic.bravehost.com/dr3.htm 

 Live Account 582477: (4/06-5/01) 219 Trades. 198 Profitable. 90.41% Profitability. http://computermoneymagic.bravehost.com/dr2.htm 

 Live Account 582473: (4/06-5/07) 795 Trades. 670 Profitable. 84.28% Profitability. http://computermoneymagic.bravehost.com/dr.htm 

 Live Account 573169: (5/12-5/14) 492 Trades. 398 Profitable. 80.89% Profitability. http://computermoneymagic.bravehost.com/fix2.htm 

 
UOB (Utrade) Brokerage (Singapore,HK,Asia): 

 Demo Account 80008516: (5/11-5/14) 708 Trades. 703 Profitable. 99.29% Profitability. http://computermoneymagic.bravehost.com/patel.htm

Thursday, April 4, 2019

10% gross profit made within 5 business days on micro account activity test for new clients. Over 50% taken by broker for commission and swaps. Possibly 6 figure yearly income from 5 figure investment if there were no commission fees.

 The current trading report can be used to assess current market conditions for all participants. Notice in the profit column at the end, the gross profit before commission and swaps taken is $17.34 or over 10% in 5 trading days. This is an example of stellar micro account trading that is helpful in countries who have lower exchange rates. It also shows the overt gouging of clients by the broker who is taking nearly 50% of profit. Another reason why we need to start a brokerage. It affects the overall profitability and we deserve to be treated better.

Let's do a math problem to better illustrate what would have been made in terms of return on a larger account balance: The initial account balance deposited was $177.38, this was matched by broker credit to insure that the investor principal deposit is safe.  So, let's say the initial balance was multiplied by 100, this would give us an initial balance of $17,738.00. If this was our initial balance with the performance given, we would have made approx. %10 in 5 business days, or approx. $1,734.00. Now multiply by 5 for a month ($8670). Now multiply by 12 for the approx. annual return ($104,040.00). This would be the gross profit for the year and the net would be half of this total or even less depending on how the broker treats us throughout the year. Let's move towards a brokerage quickly. I don't like taking unnecessary chances.