The $100 to $1,000,000 Challenge - 3 days in the running

[forex100]

I don't work for offshore bank. I work with them.

Why would the bank not be happy ?

It has got nothing to do with them.

And on the second part, it is not what is in the account that matters. It is what you take out. Even with Cash Balance of $1m and Equity of $100,000 it is entirely possible to take out $5000 a month indefinitely. That is just like having a $5000 a month salary for doing nothing and made from only $100.

That is the true BIG picture.

FX100

[forex100]

UPDATE !!

You can see the chart here http://www.earning-on-the.net/chart/


Significant figures are

Account Value $146.47
Cash Balance $587.35
Margin 16%

I am now contemplating to increase the gearing so that it will grow faster. but I think I will wait and let the equity grow bigger before I increase the gearing.


FX100

[Takiii]

I wouldnt classify finexo as tier 1, if we are being so specific that is. In terms of online trading, yes its tier 1. But I really want to know what you require exactly in order to be trading how you trade. I am not trying to learn how to trade, but the specifics of what you need in order to trade to fit the parameters you are mentioning.

[forex100]

Originally Posted by Takiii

I wouldnt classify finexo as tier 1, if we are being so specific that is. In terms of online trading, yes its tier 1. But I really want to know what you require exactly in order to be trading how you trade. I am not trying to learn how to trade, but the specifics of what you need in order to trade to fit the parameters you are mentioning.

Finexo is crap !!

Saxo is tier two so that is why I use finexo. Saxo is the backend provider for finexo.

The important part is to be able to access aggregated margin which is only possible with delta and gamma margining which is present on the Saxo platform but is not be available on the webtrader2 platform that Finexo uses

What Finexo does not know is that an external trigger can be used to turn on gamma margin and at the appropriate time have delta margin kick in.

That is as specific as I can be. I have since found another platform where the same effect can be duplicated without an external trigger.


FX100

[Takiii]

right, so if these brokers that you've fuond the hole in their platform find out. And fix said hole. You wont be able to trade correct?

[forex100]

Originally Posted by Takiii

right, so if these brokers that you've fuond the hole in their platform find out. And fix said hole. You wont be able to trade correct?

No.

It is not a hole in their platform. It is part of their margining system. This is available only to their higher level clients.


FX100

[airjiro]

You know I suspected you were the banned member Patrick Sims from Singapore but i had no evidence.
Arbitrage, $1,000,000 challenge, trades with no loss all similar to your old username " expertforextrader."

expertforextrader is offline
Permanently Banned http://www.talkgold.com/forum/member.php?u=139765

http://www.talkgold.com/forum/showpo...6&postcount=27

One of my traders came up with this idea as a project to show the effectiveness and power of a good Arbitraging strategy.

We are willing to take the challenge of turning $10,000 into $1,000,000 in 5 years using the Arbitraging Strategy we have.

Anybody willing to take on this challenge ?


EXPERT Forex Trader

Is it not ironic that all the time you claim u have a fool proof strategy u come up with a challenge like " the $1 million challenge" and deep down when u see pple interested you chip in the " I OFFER MANAGED ACCOUNTS". like this one u put 2 years ago

http://www.talkgold.com/forum/showpo...37&postcount=6

Plan 1 - $500.00 - Payout of $100 first month, $200 second month and $300 last month. 120% over 3 months.

Plan 2 - $2500.00 - Payout of $500 first month, $1000 second month and $1500 last month. 120% over 3 months.

Plan 3 - $10000.00 - Payout of $2000 first month, $4000 second month and $6000 last month. 120% over 3 months.

where u accepted only direct payments to you by Only Western Union and Bank Wire

and on this username forex101 u want 2% management fees UPFRONT




http://www.talkgold.com/forum/showpo...37&postcount=6

What about your so call arbitrage thread " Does anyone else do ARBITRAGE trades on the forex market ?"
http://www.talkgold.com/forum/showthread.php?t=239924


The question is that 2 years ago you came up with the Arbitrage no loss system and now u coming up with the same bullshit.....Is it that it failed in the past or UR REAL PLANS HAVE ALWAYS BEEN IS TO LOOK FOR POTENTIAL VICTIMS TO SEND YOU $500 all the time...............Is this your trick not being too OLD and LAME?

or where u came with THIS "It is STUPID to trade Forex using Technical Analysis and Fundamental analysis"
http://www.talkgold.com/forum/showthread.php?t=241065

And you did not reply to this allegation either " Patrick Sim's (ExpertForextrader) Failed Arbitrage Strategy - Professional SCAMMER"

http://www.talkgold.com/forum/showthread.php?t=245100

Oh and you just pasted the proof to me , where u wrote

Screenshot of my statement.

http://www.earning-on-the.net/chart/statement.shtml

http://www.talkgold.com/forum/showpo...&postcount=112

and look guys what do u see on the link? http://www.earning-on-the.net/chart/statement.shtml
CLIENT : 3581608-Patrick, Sim

and don't even think of taking down the link cos i have it saved and will upload it when the link is taken off

Now i understand why u didn't respond on the 2% upfront fee. u only said OK , cos u remembered me

Mods, forex101=expertforextrader the permanently banned member

YOU KNOW WHAT TO DO

[forex100]

Originally Posted by airjiro

You know I suspected you were the banned member Patrick Sims from Singapore but i had no evidence.
Arbitrage, $1,000,000 challenge, trades with no loss all similar to your old username " expertforextrader."

expertforextrader is offline
Permanently Banned http://www.talkgold.com/forum/member.php?u=139765

http://www.talkgold.com/forum/showpo...6&postcount=27

One of my traders came up with this idea as a project to show the effectiveness and power of a good Arbitraging strategy.

We are willing to take the challenge of turning $10,000 into $1,000,000 in 5 years using the Arbitraging Strategy we have.

Anybody willing to take on this challenge ?


EXPERT Forex Trader

Is it not ironic that all the time you claim u have a fool proof strategy u come up with a challenge like " the $1 million challenge" and deep down when u see pple interested you chip in the " I OFFER MANAGED ACCOUNTS". like this one u put 2 years ago

http://www.talkgold.com/forum/showpo...37&postcount=6

Plan 1 - $500.00 - Payout of $100 first month, $200 second month and $300 last month. 120% over 3 months.

Plan 2 - $2500.00 - Payout of $500 first month, $1000 second month and $1500 last month. 120% over 3 months.

Plan 3 - $10000.00 - Payout of $2000 first month, $4000 second month and $6000 last month. 120% over 3 months.

where u accepted only direct payments to you by Only Western Union and Bank Wire

and on this username forex101 u want 2% management fees UPFRONT




http://www.talkgold.com/forum/showpo...37&postcount=6

What about your so call arbitrage thread " Does anyone else do ARBITRAGE trades on the forex market ?"
http://www.talkgold.com/forum/showthread.php?t=239924


The question is that 2 years ago you came up with the Arbitrage no loss system and now u coming up with the same bullshit.....Is it that it failed in the past or UR REAL PLANS HAVE ALWAYS BEEN IS TO LOOK FOR POTENTIAL VICTIMS TO SEND YOU $500 all the time...............Is this your trick not being too OLD and LAME?

or where u came with THIS "It is STUPID to trade Forex using Technical Analysis and Fundamental analysis"
http://www.talkgold.com/forum/showthread.php?t=241065

And you did not reply to this allegation either " Patrick Sim's (ExpertForextrader) Failed Arbitrage Strategy - Professional SCAMMER"

http://www.talkgold.com/forum/showthread.php?t=245100

Oh and you just pasted the proof to me , where u wrote

Screenshot of my statement.

http://www.earning-on-the.net/chart/statement.shtml

http://www.talkgold.com/forum/showpo...&postcount=112

and look guys what do u see on the link? http://www.earning-on-the.net/chart/statement.shtml
CLIENT : 3581608-Patrick, Sim

and don't even think of taking down the link cos i have it saved and will upload it when the link is taken off

Now i understand why u didn't respond on the 2% upfront fee. u only said OK , cos u remembered me

Mods, forex101=expertforextrader the permanently banned member

YOU KNOW WHAT TO DO

Yes, you are pissed because I would not teach you the method.

And now let's see what your real intention is.

My question to you. Have you been scammed by me ?

My second question to you. Do you know of anyone that was scammed by me ?

As I said, I don't hide anything but I will not teach you the method because right from the start you were trying to steal it.


FX100

[airjiro]

Originally Posted by forex100

Yes, you are pissed because I would not teach you the method.

And now let's see what your real intention is.

My question to you. Have you been scammed by me ?

My second question to you. Do you know of anyone that was scammed by me ?

As I said, I don't hide anything but I will not teach you the method because right from the start you were trying to steal it.


FX100

Unless your Ripping Brain has caused you memory loss, Did i ever ask you to teach me your method you THIEF!

I only wanted you to manage my account for me and when your statements became conflicting and you insisted on me sending you money first before you managed my account, I realized you were just a dumb Singapore Thief and decided not to deal with a Ripper like you!!

My real intention is to expose the scam you are trying to do here, by asking pple to send you money upfront and no I don't have to be scammed by you before exposing you!!
Is it not ironic you opened a new username without any mention that you are the same Patrick SIM that was permanently banned before for having multiple usernames and also banned cos of your spams in your desperate way of getting victims?

As i said i never asked you to teach me an obviously flawed system of yours , but I will say u should stop this scam and lame and dumb way of trying to scam pple, cos as long as i am a member you, your attempt to scam here will be futile.

And can u answer why u lied and claimed to have a fool proof arbitrage system 2 years ago but STILL HERE LOOKING FOR A VICTIM TO SEND U $500? if u system was good, u should be in millions now, since it was in 2008 u advertised it......SO IT S OBVIOUS YOUR 2008 TRADING SYSTEM IS FLAWED and now like a natural thief that you are, you come to scam again..........So imagine a THIEF (Patrick SIM) claiming i want to steal a flawed system

i have exposed you, your game is up

AND YES I KNOW, I JUST TURNED YOUR WORST NIGHTMARE

[forex100]

Originally Posted by airjiro

Unless your Ripping Brain has caused you memory loss, Did i ever ask you to teach me your method you THIEF!

I only wanted you to manage my account for me and when your statements became conflicting and you insisted on me sending you money first before you managed my account, I realized you were just a dumb Singapore Thief and decided not to deal with a Ripper like you!!

My real intention is to expose the scam you are trying to do here, by asking pple to send you money upfront and no I don't have to be scammed by you before exposing you!!
Is it not ironic you opened a new username without any mention that you are the same Patrick SIM that was permanently banned before for having multiple usernames and also banned cos of your spams in your desperate way of getting victims?

As i said i never asked you to teach me an obviously flawed system of yours , but I will say u should stop this scam and lame and dumb way of trying to scam pple, cos as long as i am a member you, your attempt to scam here will be futile.

And can u answer why u lied and claimed to have a fool proof arbitrage system 2 years ago but STILL HERE LOOKING FOR A VICTIM TO SEND U $500? if u system was good, u should be in millions now, since it was in 2008 u advertised it......SO IT S OBVIOUS YOUR 2008 TRADING SYSTEM IS FLAWED and now like a natural thief that you are, you come to scam again..........So imagine a THIEF (Patrick SIM) claiming i want to steal a flawed system

i have exposed you, your game is up

AND YES I KNOW, I JUST TURNED YOUR WORST NIGHTMARE

I repeat my question. Did I steal your money ?

Did I steal money from anyone you know ?

Your answer please.


FX100