FAQ
Last updated
Last updated
Q: How good are you?
A: I’ve passed plenty of proprietary trading firm’s challenges which require me to follow and hit a defined profit target within a period of time.
I’m also currently building my public track record and to trade for a living.
My have a . My strategy has a with , risking 1%. Trading 24 hours for 5 days a week, the backtest results have netted me a return of 247.99% from 2021 to 2022.
Q: How much do I expect to earn from this?
A: I target an average of 2% gain per month; 24% gain per year, which is sufficient to beat the market.
Q: Will I lose all my capital?
A: Very unlikely. My backtest result has a maximum drawdown of only 12%. My strategy has a win rate of ~40% with ~2.5% gain on average, risking 1%. I don’t expect you to lose more than 25% of your capital at any point in time. But with that said, past results are not indicative of future performance. Only put in the amount of money that you're willing to lose.
Q: How much can I start with?
A: Recommended $1,000. (See below on why $1,000 is recommended)
Q: Will you take my money and run?
A: Your money will be in your own account. I am unable to withdraw from it.
Q: Why trust me with your money?
A: My long-term goal is to trade for a living. As I do not have the track record yet, I’m using this chance to build reputation and a track record for future marketing purposes. I also put my money where my mouth is as you can see from my account balance.
Q: How do I copy your trade?
Q: What do you get out of me for trading for free?
A: For testimonial and word of mouth for marketing and referrals. I’m only trading for free for the first $5,000 capital for each individual. Any additional capital exceeding that will be subjected to incentive and management fees.
Q: How long should I stay invested?
A: Recommended at least 1 year for the law of large numbers to play out.
Q: Can I risk more?
A: Yes, the trade copier auto calculate the lot size based on risk setting. By default, I will risk 1% per trade. If you want to risk 2% or even 5% per trade, that can be done.
Q: Why is the recommended amount $1,000? Why cannot $50?
A: Your account will copy all trades made by my public portfolio. My public portfolio is at ~$1,000 capital and risk per trade is around $10. I give you 2 scenarios here:
Scenario #1
Keeley account opens a position of 0.04 lots, risking $10 (1% risk)
$500 account will copy a position of 0.02 lot, risking $5 (1% risk)
$250 account will copy a position of 0.01 lot, risking $2.50 (1% risk)
Scenario #2
Keeley account opens a position of 0.02 lots, risking $10 (1% risk)
$500 account will copy a position of 0.01 lot, risking $5 (1% risk)
$250 account will copy a position of 0.01 lot, risking $5. (2% risk)
In scenario #2, we see that this trade is risking 2% for the $250 account as the lowest lot we can do on forex is 0.01 lot. So if you use a $50 account, you will be risking 10% on that trade in scenario #2.
Q: I'm too lazy to check the performance. Will you be giving any monthly reports?
A: Yes.
Q: Are there any costs I need to pay?
*If there are 5 subscribers, there will be 6 accounts (My account needs to be the master account to send trades). I will need to go for the "Pro Plan" costing US$120. In this case, it will cost each of you US$24 a month (120/5). I'm not sure whether I can do 6 or 7 accounts at a cheaper rate, instead of going for the "Pro Plan".
If there are 4 subscribers, there will be 5 accounts. I will go with the "Plus Plan" costing US$60. In this case, it will cost each of you US$15 a month (60/4).
This will be prepaid at the start of the month, and I will deduct the cost accordingly from there.
Price is subject to changes, depending on how many people are splitting the cost.
2 July 2023 Update: I'm currently looking into a service by Pepperstone where we do not need to pay for copytrading service.
3 July 2023 Update: No more copytrading service fees are needed. I will be using Pepperstone multi-terminal to place the trades.
Q: Can I stop your service and withdraw any profits?
A: You can stop or withdraw anytime you want, but I recommend you to stay for 1 year to see the real result of compounding.
Q: What will you be trading?
A: Forex and gold.
Q: What broker will you be using?
Q: What is MetaTrader 4 or 5? A: It’s a standardised platform where you can log into your trading account from different brokers.
You can view my public track record or .
A: Your trading account will be linked to mine and your account will open any trades that I open in my account using the copy trading tool .
A: Yes, depending on how many people copy my trades, you will need to pay me SGD$27* a month. The cost is to cover the service provided for using the copy trading tool . Please note that price depends on how many subscribers are there.
A: Pepperstone. They are licensed and regulated by the Financial Conduct Authority () in the UK, the Australian Securities and Investments Commission () in Australia and the Dubai Financial Services Authority () in the UAE.