Can't reveal my identity here. But my family is well known in my country Nigeria, especially in the country's exchange commission and financial sector.
- #8,121
- Jun 20, 2012 8:33am Jun 20, 2012 8:33am
- #8,122
- Jun 20, 2012 8:44am Jun 20, 2012 8:44am
- | Joined Oct 2011 | Status: Trader | 1,247 Posts
lets all light a candle cuz this pair is dead.
- #8,124
- Edited 2:29pm Jun 20, 2012 8:49am | Edited 2:29pm
You should use your connections to send a spy to work for SNB and our boss Jordan, so we can have party all together sooner
- #8,125
- Jun 20, 2012 9:04am Jun 20, 2012 9:04am
Thank you alexcee,
but i still dont believe you
to win 13m you need to invest 250 millions-> 5% from 250m= 12.5m
lets say you are leveraged(with 1:10) so your investment will be 25m
can you share who is your broker( are your brokers)
but i still dont believe you
to win 13m you need to invest 250 millions-> 5% from 250m= 12.5m
lets say you are leveraged(with 1:10) so your investment will be 25m
can you share who is your broker( are your brokers)
1.2500 before peg break and you too would be at my party. All expense paid.
- #8,126
- Jun 20, 2012 9:29am Jun 20, 2012 9:29am
Thank you alexcee,
but i still dont believe you
to win 13m you need to invest 250 millions-> 5% from 250m= 12.5m
lets say you are leveraged(with 1:10) so your investment will be 25m
can you share who is your broker( are your brokers)
- #8,128
- Jun 20, 2012 9:45am Jun 20, 2012 9:45am
are you crazy
i dont know broker on this planet, that will give you 1:200 leveraged and risk 250m
no way, sorry try something else
but lets wait, probably he will say whos the broker
- #8,130
- Jun 20, 2012 10:04am Jun 20, 2012 10:04am
Thank you alexcee,
but i still dont believe you
to win 13m you need to invest 250 millions-> 5% from 250m= 12.5m
lets say you are leveraged(with 1:10) so your investment will be 25m
can you share who is your broker( are your brokers)
..only if he wants to risk his life...
Speculation converts one man's capital into another man's income
- #8,131
- Jun 20, 2012 10:11am Jun 20, 2012 10:11am
correct,but the problem is, there is no broker,that will give such hight leverage
for such large amount of money
If he has a 25m investment he is already a millionaire.
for such large amount of money
If he has a 25m investment he is already a millionaire.
Just a simple math : an entry of size 300 mil at 1.20087, with TP at 1.25 it will give you around 12 mil profit. To have a entry of 300 mil, just take the leverage: 1:100 - need 30 mil margin, 1:200 - need 15 mil margin, 1:500 - need 6 mil margin. Someone with this amount of money is already millionaire, not need to play them on EUR/CHF
- #8,132
- Jun 20, 2012 11:21am Jun 20, 2012 11:21am
Just a simple math : an entry of size 300 mil at 1.20087, with TP at 1.25 it will give you around 12 mil profit. To have a entry of 300 mil, just take the leverage: 1:100 - need 30 mil margin, 1:200 - need 15 mil margin, 1:500 - need 6 mil margin. Someone with this amount of money is already millionaire, not need to play them on EUR/CHF
- #8,134
- Jun 20, 2012 11:33am Jun 20, 2012 11:33am
apparently not! EUR/CHF must go up 4% to go from 1,20087 to 1,25. so in your example with 1:100 leverage if you have 30 mil margin the profit will be 30*4=120 mil
..I know only one broker for Middle-East that can give 1:200 leverage for sum up to 200K based on preferential VIP member, but no other...or maybe if you have few accounts in parallel .
Speculation converts one man's capital into another man's income
- #8,135
- Jun 20, 2012 11:49am Jun 20, 2012 11:49am
Yes, you are right, thank you for correction...it was my mistake previously....cause I put 300 mil position with leverage 1:100 and it should be 3 mil margin not 30 mil...so in my example,the margin should be corrected : 3 mil at 1:100, 1.5 mil at 1:200 and 600K at 1:500... Even so, my point was that you should be millionaire to have such entry
- #8,140
- Jun 20, 2012 12:59pm Jun 20, 2012 12:59pm
The EURCHF started it's decline in Dec 2009 when the price closed the month sharply bellow the 52 WMA and it has never closed above it since. Well, for the past four weeks it has been closing at or above the 52WMA and it has finaly flat-lined thanks to the huge SNB effort... If some traders still think that the SNB is going to give up and let the floor crack, then sorry guys but you are in the wrong line of business. This pair has nothing to do under 1.2000... 