there is always, always another trade!!
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Dislikedgot this proposal today... thought to share, because i cant decide it is a joke or not. ( the 0.5x risk refer to my 10% equity drawdown cut). feel free to comment your thoughts {image}Ignored
Dislikedgot this proposal today... thought to share, because i cant decide it is a joke or not. ( the 0.5x risk refer to my 10% equity drawdown cut). feel free to comment your thoughts {image}Ignored
Disliked{quote} But as a sign of good faith you have to wire 1000 USD first to their account in Nigeria....... Sometimes if it looks too good good to be true... If ever I was to be involved with a company or group offering something like that, I would first meet with them and visit their offices and have a lawyer go through the contracts. And I am sure they would want to meet you and make sure they have back ground checks done on who you are and where you live. But 3 accounts of 20k seem very small for a big investment group right ? I would say alot of...Ignored
Disliked{quote} But as a sign of good faith you have to wire 1000 USD first to their account in Nigeria....... Sometimes if it looks too good good to be true... If ever I was to be involved with a company or group offering something like that, I would first meet with them and visit their offices and have a lawyer go through the contracts. And I am sure they would want to meet you and make sure they have back ground checks done on who you are and where you live. But 3 accounts of 20k seem very small for a big investment group right ? I would say alot of...Ignored
Disliked{quote} What could go wrong? not get paid, this is it! There are a lot of billionaires out there looking for great traders ... the 60k capital is nothing for them, find a few hundred of great traders to limit the risk, and here is the business. A business could be build upon other business. I.e. I give you 10k or... account, 50%-80% share, trade smart and don't lose my money and I will do the marketing to attract investors. The main question is where you want to go? Commercial? Do you care if your boss makes 1k% more than you?Ignored
Disliked{quote} actually i like to see what others think about this offer. i will certainly share my take on it too. {image}Ignored
Disliked{quote} OK wondered where that info came from. would love to see the fine print though.Ignored
Disliked{quote} The only safe way I see this could be done IF the offer is serious is thru PAMM account. Otherwise you will go thru way too much trouble for possible peanuts or even nothing. PAMM account would be your protection in this case because you could deposit and withdraw your own funds as you would wish and if the guy joins you will at least have guarantied comission because the broker does this automaticaly. Edit: The source cannot possibly come from USA, the english in this PM is too lousy for something like that imho.Ignored
Disliked{quote} yes, PAMM could be a solution, but probably the proposal supposed to run thru their existing brokers. the sourse, trust me, is USA. grammer or composition, doesnt change that. it is skype chat, so, not a full proposition mail, with intro, and such, as i have some other ongoing deals with same guy who is a middle-man between traders and investors.Ignored
Disliked{quote} yes, PAMM could be a solution, but probably the proposal supposed to run thru their existing brokers. the sourse, trust me, is USA. grammer or composition, doesnt change that. it is skype chat, so, not a full proposition mail, with intro, and such, as i have some other ongoing deals with same guy who is a middle-man between traders and investors.Ignored
Disliked{quote} There other better and challenging ways to get capital to trade - one of them is darwinex, you should know about it ... the darwinia competition.Ignored
Disliked{quote} I personally really hate such offers where original accounts are at other brokers. Firstly because I would have to toss all the benefits at my existing broker ( if not then pay fee for a copier) and second because the bastards promise heaven and in reality they most likely just use your trading as SELLING SIGNALS!!!!!! And so gaining customers plus earn on the side from your trading ( not to mention possible trouble with payouts). Beside this- 90% of brokers are scamers and manipulate price and the trading costs are questionable. So if I...Ignored
DislikedThe offer to me is pretty good apart from the DD limit but it definitely suits your trading style. 10% DD should not be bad. To achieve this requires a lot of effort from the trade. The payout is cool with me Can you comfortably say you will be paid at when due?Ignored
Disliked{quote} no Joel, I cant say comfortably. 60k to go into that hassle, just not make it worthwhile. because returns will be limited to lower 1 digit due to the DD limitation. not seeing any incentive/fee for 3 months isn't motivating either. nor the decreasing fee structure, the more you make, the less share of it you get. it is a deal I will pass on.Ignored