Project $1.0m (One Million Dollars) | Forex Factory

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Attachments: Project $1.0m (One Million Dollars)
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Project $1.0m (One Million Dollars)

  • #1
  • First Post: Edited 5:34am May 3, 2014 5:06am | Edited 5:34am

PROJECT ONE MILLION DOLLARS


CHARACTERISTICS


· Risk per trade: 15% of equity

· Number of trades per time: one (1)

· Stop loss and take profit: Hidden

· Minimum investment amount: $500.00

· Daily profit target (minimum): 100% ROI

· Profit share: 50:50

· Duration: Monthly (Usually fifteen days. i.e. 3 weeks).



Trading activity on this project will start on the 12th of May, 2014. This is to allow all interested investors to have their accounts setup and adequately funded.



The objective of this PROJECT is to double our account balance every day for fifteen (15) consecutive days/times. We are able to do this by combining our statistically based trading system with an exponential mathematical formula. With this, we most often than not achieve our daily objective with 3 trades.

Our trading system has been designed to detect momentum build up in any currency and generate a signal before the momentum bursts. We have pin point entries and exit rules which we follow. Our trading system is mechanically dynamic in nature.

To say that there won’t be losses here and there will be hypocritical. Yes, there will be trades closed at a loss due to either getting an exit signal or a trigger from our emergency stop loss (15% of account equity). Nonetheless, we continue to strive to achieve our set objective. This is why we are only doing this once every month.

Our watch list currency is GbpJpy. It averages 150 pips high to low daily movement. This gives us more than enough opportunity to achieve our desired result. In other not to give away too much information and compromising our systems security, we have attached a TRADE EXPLORER with every other parameters made public except the stop loss and lot size.

To be a part of this PROJECT and to setup your investor’s account, follow the instructions below.

1. Create your account profile here.
2. In your client cabinet, click on "ASSET INVESTMENT".
3. On the next page, click on "OPEN INVESTOR ACCOUNT".
4. In the PAMM ACCOUNT section, type "148426" and proceed to filling other sections of the form.
5. Click on NEXT until you receive a message confirming that your account has been opened.

That's it! All you have to do now is watch your account grow.
We hope that with this PROJECT, we all achieve or get close to our financial dreams.

NB: All profits here only refer to the minimum expected returns. It could be more, even so much more.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 28 KB

Determine The Market Condition; then trade it!
  • #2
  • May 3, 2014 7:46am May 3, 2014 7:46am
I will be watching this, best of luck.
  • #3
  • May 3, 2014 5:09pm May 3, 2014 5:09pm
how sure are you that this will work?
  • #4
  • May 4, 2014 2:23pm May 4, 2014 2:23pm
Quoting mrnicecookie
how sure are you that this will work?
The simple answer is yes. The more reason we have attached an explorer. This makes everything transparent and open to public scrutiny and debate.
Determine The Market Condition; then trade it!
  • #5
  • May 4, 2014 6:34pm May 4, 2014 6:34pm
Since last two months, forex market is stagnant, intraday price range is becoming quite thin, how do you think it will be possible to trade during this narrow price ranged market?
  • #6
  • May 5, 2014 10:14am May 5, 2014 10:14am
Quoting PopatJunk
Since last two months, forex market is stagnant, intraday price range is becoming quite thin, how do you think it will be possible to trade during this narrow price ranged market?
Even yet, GBpJpy have always performed as expected. Further more, we don't trade from off the popular time frames pple trade from. We trade from off the m1 chart so we are not bothered by price being narrow.Truth be told, we are not bothered by this. Our tradong system tells us when and to go in and also when and where to exit.
Determine The Market Condition; then trade it!
  • #7
  • May 5, 2014 10:19am May 5, 2014 10:19am
Do you have any past performance result?
  • #8
  • May 5, 2014 2:12pm May 5, 2014 2:12pm
Quoting GoldenEA
Do you have any past performance result?
No, I don't.But, we have traded for 25 friends who funded their accts with $1.25 each, I took their balance to over $3000 in six weeks.This is not the only time neither the first.The truth is, our trading system have evolve over time. We place riority on identifying the prevailing trend and then trade in that direction. Its been decided not to boast about past performance as its not indicative of future results.For the record though, we have enough confidence in our trading system so, 3 trades in a day won't be a problem. Also, the attached trade explorer will show everything LIVE.
Determine The Market Condition; then trade it!
  • #9
  • May 5, 2014 2:50pm May 5, 2014 2:50pm
After the 15 days challenge, will be possible joining the PAMM account? What about this broker? i guess is not regulated right?

Cheers
  • #10
  • May 5, 2014 8:21pm May 5, 2014 8:21pm
"Most often than not achieve our daily objective". Of 100%+ returns per day?

Then why bother with PAMM? Put $1000 of your own money and within a month you will be a billionaire.
  • #11
  • Edited 3:37am May 6, 2014 3:07am | Edited 3:37am
Quoting Gregorian1
After the 15 days challenge, will be possible joining the PAMM account? What about this broker? i guess is not regulated right? Cheers
The PROJECT is an ongoing one. Though, we only do this once every month.
So, after this one, the next schedule will be next month.

As for the broker, they are regulated. You can go here to see all the details.

Quoting card
"Most often than not achieve our daily objective". Of 100%+ returns per day? Then why bother with PAMM? Put $1000 of your own money and within a month you will be a billionaire.
To be honest, I was surprised when this thread was open and such post(s) wasn't forthcoming. The only thing I can see from your post is that you don't understand the reason for this thread. Don't ask me cos I wont tell you. Its there for everyone to see in the opening post.

Quoting shiva
I will be watching this, best of luck.
Thanks.

--------------------------------------------------------------------


All the same, thanks for your words. This thread would have been boring without your post.

To clear up some air regarding our trading system, we have decided to put up a screenshot of what our trading system looks like.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 42 KB

Determine The Market Condition; then trade it!
  • #12
  • May 6, 2014 3:35am May 6, 2014 3:35am
I just opened and closed a trade on GbpJpy. The trade was opened and close immediately. This was done so the TRADE EXPLORER could be fully activated.

Actual trading of the PROJECT begins next week Monday (12th May, 2014).
Determine The Market Condition; then trade it!
  • #13
  • May 6, 2014 5:01am May 6, 2014 5:01am
Quoting pammPROF
{quote} The PROJECT is an ongoing one. Though, we only do this once every month. So, after this one, the next schedule will be next month. As for the broker, they are regulated. You can go here to see all the details. {quote} To be honest, I was surprised when this thread was open and such post(s) wasn't forthcoming. The only thing I can see from your post is that you don't understand the reason for this thread. Don't ask me cos I wont tell you. Its there for everyone to see in the opening...
Really? Then what is the purpose of your thread? You want to make a million and donate that money to the good people of this forum?

You're a commercial member and you're running a PAMM account or at least your username is hinting at that. You want people to invest money with you. And you achieve this by promising 100%+ returns daily which is beyond outrageous. Even some of the more outrageous well-known scammers promised only 30-60% returns per YEAR.

If anyone believes you and still invests money with you, they deserve to be ripped off. Especially after seeing these warnings.

How about this. I can guarantee that you won't make $1M by the end of June, starting with $1000. If you do, I'll shave my head and quit trading completely.
  • #14
  • May 6, 2014 12:11pm May 6, 2014 12:11pm
Quoting card
{quote} How about this. I can guarantee that you won't make $1M by the end of June, starting with $1000. If you do, I'll shave my head and quit trading completely.
OK. How about when we succeeds, you really shave your head and quit trading. The question now is this: how are we gonna know you will honor your words?Thing is, your opinion don't even matter as the saying goes, ONLY A FOOL DOUBTS PROOF. So, let's both wait and see as its just a matter of time. Trading starts next week.You said outrageous scammers promise 30/60% IN A YEAR. So you are saying hedge funds too are scammers. Just cos you don't know how to spell does not mean others don't. Just accept you can't spell then go learn.
Determine The Market Condition; then trade it!
  • #15
  • May 6, 2014 12:51pm May 6, 2014 12:51pm
Dear Pamm Prof,

I believe that if u can successfully execute yr plans as laid out on this thread, u will achieve the million dollars.

Its great that you want to help millionaire wannabees fulfill their dreams.

Just curious, have you earned a million USD before? while in the retail trading for so long?

And may i know what attached trade explorer are you referring to which we can see to monitor trades live?

May i also know what is the chance of failure in this 1 million USD project?


Thanks and i look forward to your reply.
  • #16
  • May 7, 2014 4:11am May 7, 2014 4:11am
Quoting mrnicecookie
I believe that if u can successfully execute yr plans as laid out on this thread, u will achieve the million dollars.
We will do our best in keeping our promises by most especially being disciplined to follow through with our trading plan.
It has been decided that AFTER 2 months of running this PROJECT, the trading plans' blue print will be posted here for all to see.

Quoting mrnicecookie
Its great that you want to help millionaire wannabees fulfill their dreams. Just curious, have you earned a million USD before? while in the retail trading for so long?
To answer your question, I personally have never made up to a million dollars in retail Forex trading. The closest I have ever got was $702,000 way back in 2010. I traded a $50 account aggressively for one full year and it gave me the above figure. And no, its not on a demo account.

Quoting mrnicecookie
And may i know what attached trade explorer are you referring to which we can see to monitor trades live?
The TRADE EXPLORER is the one we will be trading. This is the account interested investors are attached/subscribed to. All trade activity/ies will be auto duplicated in investor's account including all profits and losses.
This way, we only need to focus on this one account.

Apart from using ones account to monitor the progress of the PROJECT, those sitting on the sidelines but interested in seeing how this turns out will find the TRADE EXPLORER a useful tool.

Quoting mrnicecookie
May i also know what is the chance of failure in this 1 million USD project?
To be honest, I don't know how to answer this very question. But, the only thing I can say for now (I don't want people to think we are boasting) is that the chances of failure is very very small.

I hope I have been able to answer your questions.
Determine The Market Condition; then trade it!
  • #17
  • May 7, 2014 7:27am May 7, 2014 7:27am
If youŽll succeed on this, we will probably see you on TV and business newspapers.
  • #18
  • May 7, 2014 7:38am May 7, 2014 7:38am
Hi Pammprof,

Thanks for your replies to my queries, I have already invested the said amount and would like to contact you with regards to any queries i might have. Do you have a personal email or contact where i can reach you?
  • #19
  • May 8, 2014 4:35am May 8, 2014 4:35am
Quoting FunManager
If youŽll succeed on this, we will probably see you on TV and business newspapers.
We don't need that and I probably doubt it will happen i.e., the being on TV/biz newspapers thing.

Quoting mrnicecookie
Hi Pammprof, Thanks for your replies to my queries, I have already invested the said amount and would like to contact you with regards to any queries i might have. Do you have a personal email or contact where i can reach you?
I will send you the email via which we can be contacted privately. Just expect a mail from us soon.
Determine The Market Condition; then trade it!
  • #20
  • May 8, 2014 7:02am May 8, 2014 7:02am
Quoting pammPROF
{quote} The PROJECT is an ongoing one. Though, we only do this once every month. So, after this one, the next schedule will be next month. As for the broker, they are regulated. You can go here to see all the details. {quote} To be honest, I was surprised when this thread was open and such post(s) wasn't forthcoming. The only thing I can see from your post is that you don't understand the reason for this thread. Don't ask me cos I wont tell you. Its there for everyone to see in the opening...
This are just documents to sign but doesn't mean is regulated.

I asked the broker and the answer is "LiteForex group of companies registered on Marshall Islands. In accordance with the legislation of the Republic of the Marshall Islands, this registration is adequate to operate the company and does not require additional regulation."

There are many other better options, but everyone do what i wants with its money.
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