Trade with my money

jimronwill · May 30, 2009

:clover:
Could you use a live account to manage and test your ideas?
We are offering to let you trade a live account of 1000 to test your ideas and skills trading forex. We will also pay you 25% of any profit that you have at the end of the month There is no obligation on your part. I have included a link if you want to see what it is all about. It is a fantastic offer.

We are also looking for affiliates to help sign up traders to train to manage accounts. A commission of 24% is paid out daily. The link below will explain both programs.

Welcome to The Winning Trader's Association.

rawrschach · May 30, 2009

But pay you $40 a month for 'training'.

Right.

jimronwill · May 30, 2009

40 for 1000 is not a bad offer.

mrsoul · May 30, 2009

jimronwill said:
40 for 1000 is not a bad offer.

paying $40/month ($480/Year) to receive 25% of the profits on $1,000 doesn't sound attractive- and that is if thhe deal is legitamite.
The deal could also be a phony where they just take your $40.

Tenapenny · May 31, 2009

I'll trade my own account and keep 100% of my profits, thank you. And you can stick your affiliate marketing where the sun doesn't shine!

arabianights · May 31, 2009

hahhahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

Lightning McQueen · May 31, 2009

Should be in the bin! however, I have removed the affiliate element from the link and moved to general trading chat for members to critique.

If there are any complaints then obviously thread will be binned without delay.

Splitlink · May 31, 2009

jimronwill said:
40 for 1000 is not a bad offer.

But you did not mention that in your post.

At least, not clearly. The training part is for how many months?

What other strings are there?

shadowninja · May 31, 2009

For 26 months.

Splitlink · May 31, 2009

shadowninja said:
For 26 months.

Which is 1040 quid. If it is excellent training, I suppose that there are worse bargains. At least, you are trading with your own money. It is the basic "something for nothing" technique that annoys thinking people. Of course, there are many who go no further than the word "free".

No one likes to be conned, which is why there is all this furor about MP's expenses.

A lot of these sale "offers" fly at the weekend. Just when some of the wiser posters, who have been around the block, are ready to shoot them down. I wonder why they do it?

fantastic · May 31, 2009

These trading companies keep innovating! $46/month!
How many people are they looking to attract?

Splitlink · May 31, 2009

Probably, judging by the user name, they are three friends trying to make some cash on the internet outside of working hours.

They'll get some bites.

fantastic · May 31, 2009

500 people * 40$ give $20 000 per month.
Statistically, they should get their hands on 5 profitable traders.
Milk this success and attract more punters.
Interesting business model.

NetTecture · May 31, 2009

And technically not that bad. Paying USD 40 per month may be justifiable to quite some. And one only needs 16% profit to break even (USD 160) from the cost base.

I thik that is not too bad. I can see quite some uses for that.

fantastic · May 31, 2009

NetTecture said:
And technically not that bad. Paying USD 40 per month may be justifiable to quite some. And one only needs 16% profit to break even (USD 160) from the cost base.

I thik that is not too bad. I can see quite some uses for that.

Can you explain the "only needs 16% profit to break even (USD 160) from the cost base"?
Who is breaking even : the business or the trader?
how do you come with 16%?

NetTecture · May 31, 2009

I love it when people on a trader website do not know - basic algebra.

* Trading capital: USD 1000.
* Cost per month: USD 40
* Profit share: 25% of profit.

Ergo: To get 40 USD back (to pay the cost) one needs to earn 160 USD, as 40 USD are 25% of 10 USD.

160 USD is 16% of 1000, so the trader needs 16% monthly profit.

Not a little, but not exactly a lot either. A good way to "try things out" for those not having USD 1000...

Splitlink · May 31, 2009

NetTecture said:
I love it when people on a trader website do not know - basic algebra.

* Trading capital: USD 1000.
* Cost per month: USD 40
* Profit share: 25% of profit.

Ergo: To get 40 USD back (to pay the cost) one needs to earn 160 USD, as 40 USD are 25% of 10 USD.

160 USD is 16% of 1000, so the trader needs 16% monthly profit.

Not a little, but not exactly a lot either. A good way to "try things out" for those not having USD 1000...

Provided that they are trustworthy. I have not gone too much into their website but
to send money to them is going to incurr a bank charge. If you send the lot you would need to trust them more than I am capable of doing. I suspect that they would need all of the course fee to be paid up front so that they can use it to give you your free $1000.Very risky, in my opinion, but there are those who do it.

I can imagine that telephone charges would mount up---all to the clients cost and nothing for them to pay.

They are dangling $1000 free trading as bait. They have little to lose but the risk is all on the client's account

N Rothschild · May 31, 2009

nice website

1Pipped · May 31, 2009

Winning Traders Association Reviews | John Beiler Ratings | WTA Forex wtafx.com

N Rothschild · May 31, 2009

Trade with my money

Newbie

Experienced member

Newbie

Well-known member

Experienced member

Legendary member

Legendary member

Legendary member

Legendary member

Active member

Legendary member

Active member

Well-known member

Active member

Well-known member

Legendary member

Legendary member

Well-known member

Legendary member

Similar threads