Forex trading club


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G13   
Member since: Jul 06
Posts: 602
Location: Amidst a glow in the sky.

Post ID: #PID Posted on: 16-05-07 20:17:53

Quote:
Originally posted by pratickm



1. How sustainable is this - i.e. will this person continue to make the same amount of money regardless of market conditions?
With your training, will this person always be able to predict the market (whether commodity or forex) accurately enough to make 20% return every time without risk of loss?





IMHO this 20% gain is one side of the picture. The other side (losses) is just not mentioned.


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chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 16-05-07 21:00:15

Quote:
Originally posted by pratickm

My questions -

1. How sustainable is this - i.e. will this person continue to make the same amount of money regardless of market conditions?
With your training, will this person always be able to predict the market (whether commodity or forex) accurately enough to make 20% return every time without risk of loss?

2. Can this be increased i.e. if someone were to put $1,000, will that person name $200 and so on?

If all this is true, and this scheme is so reliable, predictable and zero risk, then my question is why are you wasting your time here?
Why don't you take your investments and make 20% every day?




When I had first responded to Khan's post, I did not imagine/dream that it will take 7 pages of discussion to finally arrive at this question. Thank you Pratik for finally putting it forward.

Now there are quite a few people who have known that I have been in this business for about 20 years, and I have tried to teach the basics of forex (theory and how the market works) to a few CD members free of charge, and some on a basic charge too as a subject tuition. From the very start, it was apparent that this guy is like hundreds others who are trying to lure the masses into making some quick and easy money with ulterior motives or just to gain something out of those who innocently believe it to be true.

When people ask me to teach them basics of forex and some techniques, to actually make it a side business - the first thing I ask them is - How much are you willing to lose? All people who have known me will vouch for that. I know that while it is a zero sum game, it is usually the big players who drive the market and make money out of this - so obviously small players are the ones who lose it.

And so we come back to the claims made by Khan - if he can make even 10% of what he claims - I am willing to take an office on rent for everyone including me, and jump into this business myself, full time. I will pay for the rent and overheads - and will treat it as a service to the fellow CDs - they only have to come and trade in that office.

Is Khan ready to come and join me on these conditions? He will provide his knowledge free of cost, and I will fund the running of that office - both helping the society achieve their dreams! I am even ready to fund the investors $5,000 each to start with which they can repay to me in two months by earning that money from this business - and I will not charge any interest. Their blessing will reserve a seat for me in Swarg!

10% of what he claims will be 2% a day and with about 240 days trading, it will mean 480% returns per annum. If I put in a capital of $100k, it will give me a return of 480,000 per annum. Even if I make it just a quarter of that, it will mean 120K per annum - and that is just by actually making ONLY 2.5% of what Khan claims!


What says you guys?????????

Do you still want to continue this discussion???





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Chandresh

Advice is free – lessons I charge for!!


ftfl   
Member since: Jul 06
Posts: 2335
Location:

Post ID: #PID Posted on: 16-05-07 23:18:57

The first one is reserved for you.
Hello Chandresh,
Your Gold couch with Lions head is reserved for you here. Two of the things that will go with you, to a location anywhere you go, are: One, your own seat and secondly your own credit rating. So you have it from me and may be from the others too. May you live long.
I will be free to take the $5000.00 on the first of October 2007 from you on the conditions specified by you here under and by that time I am sure there will be two more at the time of mailing, whom I will meet tomorrow and confirm. (The Two are M.K. and Mr.X) If I can locate the others and T.K. they will be earning the same in absentia and They will have to personally guarantee their borrowings at a time they are ready for it.
240 days are reasonable number of days in a year that could be found, for trading. $120,000 could be achieved and the balance could be used to pay three others on a 24/5 basis plus the other sundry expenses that it would call for. If there be an unexpected turn of events, or by an act of GOD, you will be assured of the return of the initial investment, no questions asked. If Khan wants to take the offer on a first refusal basis, I will live with the five grand. If he refuses this current offer and I can avail the same conditions, I will assure you the same returns, AS STATED ABOVE, and take the offer, on the second day of his refusal and I should have the right to get out of the obligations when the initial sum of money is returned or when the achieved return together with the initially borrowed sum is returned to you and ultimately on the 366th day in any event, with what ever the outcome may be on that final day.
If it is agrreable by you, please respond to this posting after due consideration and perusal.
Looking forward to an amicable deal.
Freddie.
Side Note: I will let you open an office, at your option, for the Canadian Desis at a location that you would like to choose for yours and their usage and I would like to find a location for the trading, suitable to my requirements and it might coincide, if and when both our needs are met.
_________________________________________________________-

{{Is Khan ready to come and join me on these conditions? He will provide his knowledge free of cost, and I will fund the running of that office - both helping the society achieve their dreams! I am even ready to fund the investors $5,000 each to start with which they can repay to me in two months by earning that money from this business - and I will not charge any interest. Their blessing will reserve a seat for me in Swarg!

10% of what he claims will be 2% a day and with about 240 days trading, it will mean 480% returns per annum. If I put in a capital of $100k, it will give me a return of 480,000 per annum. Even if I make it just a quarter of that, it will mean 120K per annum - and that is just by actually making ONLY 2.5% of what Khan claims! }}
__________________________________________________________



chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 17-05-07 07:22:35

Quote:
Originally posted by ftfl

The first one is reserved for you.
Hello Chandresh,
Your Gold couch with Lions head is reserved for you here. Two of the things that will go with you, to a location anywhere you go, are: One, your own seat and secondly your own credit rating. So you have it from me and may be from the others too. May you live long.
I will be free to take the $5000.00 on the first of October 2007 from you on the conditions specified by you here under and by that time I am sure there will be two more at the time of mailing, whom I will meet tomorrow and confirm. (The Two are M.K. and Mr.X) If I can locate the others and T.K. they will be earning the same in absentia and They will have to personally guarantee their borrowings at a time they are ready for it.
240 days are reasonable number of days in a year that could be found, for trading. $120,000 could be achieved and the balance could be used to pay three others on a 24/5 basis plus the other sundry expenses that it would call for. If there be an unexpected turn of events, or by an act of GOD, you will be assured of the return of the initial investment, no questions asked. If Khan wants to take the offer on a first refusal basis, I will live with the five grand. If he refuses this current offer and I can avail the same conditions, I will assure you the same returns, AS STATED ABOVE, and take the offer, on the second day of his refusal and I should have the right to get out of the obligations when the initial sum of money is returned or when the achieved return together with the initially borrowed sum is returned to you and ultimately on the 366th day in any event, with what ever the outcome may be on that final day.
If it is agrreable by you, please respond to this posting after due consideration and perusal.
Looking forward to an amicable deal.
Freddie.
Side Note: I will let you open an office, at your option, for the Canadian Desis at a location that you would like to choose for yours and their usage and I would like to find a location for the trading, suitable to my requirements and it might coincide, if and when both our needs are met.
__________________________________________________________



Now this is some Serious business offer! It might have been unsolicited but looks sane.

Will respond to your post after I have put my thoughts in place and get time to pen it down.


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Chandresh

Advice is free – lessons I charge for!!


khan786786   
Member since: Apr 07
Posts: 74
Location: missisauga

Post ID: #PID Posted on: 17-05-07 09:11:22

I realy like ur offer Mr.chandresh.So u can call me for more details that how we can workout but Do not give ur money to any body because if some one doing trade with otheres money it will be very nonserious trading.
My phone # 416 908 2985.I will teach only new people those who have not good job.Why i will train new people because they will think as i teach them ,The people who r already doing trading will mix their exprience with my system and tey can loss money.i am sure we both can bring hope into many people who r well educated but in canada they r not getting hope.GOD bless u Chandresh



mkannuri   
Member since: Nov 06
Posts: 409
Location:

Post ID: #PID Posted on: 17-05-07 09:35:42

Hi chandresh, Freddie
Bravo!! =D>
I am sure you will enjoy the blessing of fellow CD's in this life itself :-). I believe in "Karma" and i am sure you get to see in this life time only. Please keep up the good work and we are all in for a noble cause.
btw, i could be a "Squirrel" while you are making the "Vaaradhi"(bridge to "Lanka" (this is a saying in "Ramayan"...please ignore if it is not contexted:)

Khan Bhai,
I guess now you got the opportunity to stand and prove your nobel intentions to mankind.

Looking forward to see this club opened soon.

Rgds
MRK


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MK


chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 17-05-07 10:33:14

Quote:
Originally posted by khan786786

I will teach only new people those who have not good job.Why i will train new people because they will think as i teach them ,The people who r already doing trading will mix their exprience with my system and tey can loss money.




So ther venture is killed even before we can talk about it simply because I my self am not qualified to enter into this.


Sad...............but then, if that be the case, be it so.......!





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Chandresh

Advice is free – lessons I charge for!!



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