Re: Are there fully legitimate programs paying around 10% per month?
Quote:
Originally Posted by bigvic
This makes me SICK. No, seriously, I gona PUKE right now with those reeky manuals and even more stinky oily suit-dressed yuppies, not to mention the pyramidal "made 96,000 out of 7$" Pozny. If your Jamie McIntyre was that smart, he would be on FORBS front page as a millionaire, would'n be "coaching millionairees", you moron! Or are you looking for another morons to sell your stinky "become millionaire" books
Lol who Said anything about Jamie? I was reffering to another program all together Legisi - at that time we where forbidden from adrvertising it). And even if I was as if he cares what you think of him and I certianly don't need to defend him. Jamie gives his e-books away, no selling is required, or didn't you read it? You sound so silly. I pity you. I suggest you read jamies e-book might do you some good but I am not going to provide the url. Do some work your self why should I help you?
And this everyone who is a millionaire appears on forbes ... surely you don't really believe that??? They would spend the next thousand years just doing profiles of millionaires if that was the case. Once again I pity you.
My father has added a further $800k to his net worth in property and has replaced his income with shares and is now a millionaire becuase of jamies teaching. I can now earn between 1% - 17% per month income and capital growth (I have made up to 53% on pure options but thats high risk and I have lost big there as well) on my limited capital depending on market forces, the risk I am willing to take and if I decide to move on it. You can say what you like I am now moving in to full time investing (as much as you can do some of jamies strategies full time you are better of doing a simon if you can't work currently).
Ultimately I only promote things that have made me money (and not from refferals) so they do come from many different sources from HYIPs to Matrixs & MLM to conventional investing to creating websites.
Re: Are there fully legitimate programs paying around 10% per month?
As I've posted elsewhere compounding 10% a month gives better than 300% a year. If this stuff were legitimate and sustainable the world would be beating a path to the door. It could solve the worlds debt,pensions and poverty problems in a few years..........
I'm 17 years (204 months) from retirement. If I put aside a dollar now, at 10% a month, I'd have a fairly respectable nestegg by the time I retire.
Like a quarter of a billion + ..........................
Re: Are there fully legitimate programs paying around 10% per month?
Quote:
Originally Posted by pluggy
As I've posted elsewhere compounding 10% a month gives better than 300% a year. If this stuff were legitimate and sustainable the world would be beating a path to the door. It could solve the worlds debt,pensions and poverty problems in a few years..........
I'm 17 years (204 months) from retirement. If I put aside a dollar now, at 10% a month, I'd have a fairly respectable nestegg by the time I retire.
Like a quarter of a billion + ..........................
Very well said, "pluggy"
I doubt however, that the amaized flock will get it. Otherwize all scamsters will be forced to look for another job...
Re: Are there fully legitimate programs paying around 10% per month?
earning 10% from investment -> passive income
earning 10% from forex system -> active income
investor seek a passive income, means they don't want to do anything to earn money
if you want to get around 10% monthly, you may find a good and honest forex trader who can trade your fund
Re: Are there fully legitimate programs paying around 10% per month?
I suspect honest, good forex traders that can reliably turn 10% a month are few and far between, or why would the the worlds Forex companies be content with the 10-20% a year they earn now ?. Even the good ones have losing months.........
Re: Are there fully legitimate programs paying around 10% per month?
A small version of the system
you open a long position on the pair that have the highest swap points
at the same time you open a short position on the same pair but with a different broker that is not using any swap point.
voila you money is safe and you earn overnigt interest on the long position "around 0.10%-0.50% daily depending on leverage used and moneymanagent " i use 25% money management"
Re: Are there fully legitimate programs paying around 10% per month?
Quote:
Originally Posted by zleepan
A small version of the system
you open a long position on the pair that have the highest swap points
at the same time you open a short position on the same pair but with a different broker that is not using any swap point.
voila you money is safe and you earn overnigt interest on the long position "around 0.10%-0.50% daily depending on leverage used and moneymanagent " i use 25% money management"
Nice idea, but - a few problems...
(I've tried similar things...)
first - many brokers only pay interest at the close of the trade. So, that 'interest' is only actually paid when the trade closes. If the long position goes against you, it eats up trading capital. Just have to hope that the interest pays out faster than the trade margin used.
If possibe, show me a (registered) broker that doesn't pay/charge swap rates. I actually have a use for that.
- Some brokers allow hedging (Both ways, long/short) on the same platform, with no additional margin. (Keep in mind, that if you receive interest on the long trade, you're paying it on the short. Doesn't make sense. IF that was profitable, would be an easy way to make money. Actually, it can be, IF the trade goes in YOUR direction... But - that pays better WITHOUT the opposing trade, with less capital used.
Curious - why have the short position somewhere else? You're using twice the margin, reducing possible profits. Plus, if you need to move funds to 'cover' possible losses, has to go out from one broker, through banks, then to the other broker, taking time, and inducing possible risk.
Maybe a few things to consider? There are many more.
Just my opinion,
Jeff
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Life is not measured by the number of breaths you take, but by the moments that take your breath away.
Re: Are there fully legitimate programs paying around 10% per month?
Quote:
Originally Posted by awty
Nice idea, but - a few problems...
(I've tried similar things...)
first - many brokers only pay interest at the close of the trade. So, that 'interest' is only actually paid when the trade closes. If the long position goes against you, it eats up trading capital. Just have to hope that the interest pays out faster than the trade margin used.
If possibe, show me a (registered) broker that doesn't pay/charge swap rates. I actually have a use for that.
- Some brokers allow hedging (Both ways, long/short) on the same platform, with no additional margin. (Keep in mind, that if you receive interest on the long trade, you're paying it on the short. Doesn't make sense. IF that was profitable, would be an easy way to make money. Actually, it can be, IF the trade goes in YOUR direction... But - that pays better WITHOUT the opposing trade, with less capital used.
Curious - why have the short position somewhere else? You're using twice the margin, reducing possible profits. Plus, if you need to move funds to 'cover' possible losses, has to go out from one broker, through banks, then to the other broker, taking time, and inducing possible risk.
Maybe a few things to consider? There are many more.
Just my opinion,
Jeff
this was only a small explenation of the system because there is to much math to explain here.
when your are hedging on the same platform the ussualy only alow you to hedge 50% of the oposite position.
lets take gbp/jpy for example
on my brokers the first pay 0.8 pip swap for long and my hedging broker pays 0.1 pip for short..
that gives me 0.7 pip per day.
Re: Are there fully legitimate programs paying around 10% per month?
Quote:
Originally Posted by zleepan
this was only a small explenation of the system because there is to much math to explain here.
when your are hedging on the same platform the ussualy only alow you to hedge 50% of the oposite position.
lets take gbp/jpy for example
on my brokers the first pay 0.8 pip swap for long and my hedging broker pays 0.1 pip for short..
that gives me 0.7 pip per day.
i will pm you some info
Not a bad deal. Decent brokers?
Would SEEM that you have a workable system, with the possible drawback of using quite a bit of capital, and the possibility of different quote levels, which would likely not affect anything other than initial trade entry. Of course, the financial credentials of the brokers would POSSIBLY be an influence, but -
Seems practical and useful. I don't usually deal with PM's myself, but - might be worthwhile in this case.
Thanks, interesting.
Jeff
__________________
Life is not measured by the number of breaths you take, but by the moments that take your breath away.