I suggest you spend some time reading this thread about Senen Pousa and his managed forex account. Lots of people just like you gave this guy money for a low risk forex investment. Guess what, they lost their money, just like you will if you fall for this forex nonsense. Every single managed forex account I have ever heard of turned out to be a scam. Look at some of the remarks at the beginning of the thread, people insisting that 100% a year was possible and getting all aggressive when anybody told them they were dreaming and would lose their money. Compare this to your latest post.
http://www.trade2win.com/boards/educational-resources/145668-prophetmax-senen-pousa-any-info.html
there's no way of knowing if something is a scam just because it offers high returns, Bernie Maddof was offering only 1% a month, for years, and it had been a scam all along, he never traded any shares, he had multi year audited statements 'proving his real, unquestionable' investment practices.
In fact there's no way of knowing anything in this world with 100% certainty
Do you know that the Christi's auction house has been fooled by perfect counterfeit antique paintings? perfect counterfeits paintings with genuine
certificates, and ones that even passed carbon dating techniques?
the scam surfaced late only because 2 identical paintings turned out for sale at the same period...
and we are here still discussing managed accounts..., if the scammer really wants, he will fool you no matter how many years of audited statements he has, the question is does he have a motive to do so?
In a managed account, the client would get to see his real money being traded, the trader can lose, but he has no way of stealing the acc balance, I don't see a motive to attract sophisticated scamers, and I don't see reason for clients to ask to see past statements, they should test the trader in real time somehow.
