Well well. Look who popped in, but didn't comment. Just my OS watch update!! D Image Unavailable, Please Login
You are an idiot, or don't know math. So if you make a $50 investment, and make 10% monthly, and add no other money in, in 10 years with compound interest your $50 investment will be worth $4,635,453. Or if you invest $500 now, in 10 years you will be worth $46,354,534. You must be the greatest financial genius the world has ever seen. Your talents are unbelievable. To be able turn $500 into $46 million in 10 years. Good luck with that.
Dave, what is that www.fxcib.com listed in his profile? That must be his last company before his last one delisted this month. How did that one work out? Anyone do the research.
Dude. While the origin of that pic is probably pretty sad, the look on the kid's face is PERFECT! Still laughing.
his press releases are pretty amusing. my favorite is the one issued from Belize...an English speaking country with a relaxed view towards extradition. coincidence?
It's sad that in this day and age somebody can be such a crook and get away with it for so long. Real people have had real significant amounts of money stolen from them with apparently little recourse. I mean if this was just some loser spouting off bravado with no harm done it would be a good laugh. This isn't really that funny. I mean the guy is a joke, but thinking of people from 1st to 3rd world countries losing their life savings is pretty sad. Even if they are naive, they don't deserve to have that happen and the fact this continues on - for years - while this ass lives it up Heffner style is nauseating. Maddoff will never see the light of day. This ******* lives in Canada where the laws are toothless, he'll never see the inside of a cell.
I wonder if they taught him about pyramid schemes at that special needs program for kids with poor learning abilities or bad work ethics.
The guy who discovered that Bernie Madoff was a crook over a decade before he was arrested, wrote in his book that it took him less than 5 minutes to realize Madoff was a crook. How? Simple. Straight lines don't exist in finance. If someone is showing you consistently high monthly returns with no dips, something is wrong. There is no way around that. It doesn't matter if the guy who created NASDAQ is telling you he can do it, it simply cannot be done.
I am a fund manager who had a Money Manager account with Reza's brokerage. So I have spoken to Reza many many times, even in recent days on the phone. I'm not going to really dive into anything about him since I don't have any opinion on that subject. I've never seen any record of his trading abilities but on that same note I've never asked for it because I don't need nor want to see it. But I do want to refute claims that people are saying you cannot generate 10-15% per month via Forex. Generating a 10% monthly return on Forex isn't hard to do if you can trade aggressively but it has a lot to do with how much capital you are trading. If you are trading a $25,000 account then it relatively easy to generate a return of 15% monthly provided you know how to trade. Will you have months that aren't 15%? Of course -- but at the end of the 4th quarter it is easy to average out to 10-15% per month. You can have months of 5% and months of 20%. Some months are more lackluster than others and some months are great due to certain economic events that really drive the market in big swings. But if you trade aggressively with higher risk then it is doable. It's stressful and will take many years off your life... but it is doable. However if you are trading a $5m account then for obvious reasons you don't want to take those same risks and it's all about being conservative. If you generated a measly 1% per month on that $5m that's $50k in profits each month non-compounded. You don't need high percentages when you are generating high monetary returns. Most that I know that are trading larger accounts (I'm talking $35m and up) trade longer-term charts. All they want is a low-risk environment with 5% in total for a year. They would rather buy/sell on a daily chart and periodically check their trades every few days versus day trade where you are actively trading hour charts or even lower. When you do that you need to be awake for certain exchanges when they open around the world and depending on your timezone that can really take a toll. In addition to that there is liquidity issues when trading larger amounts of money but I'm not even going to get into that. I think most know you can't click buy/sell for a $50m order that easily. Also if anyone is thinking this is Reza posting on a new account it's not. I've exchanged emails with Rob regarding my account and he can verify I am not Reza.
Holy cow. This is almost word for word the same sales pitch Madoff used to pitch his Ponzi scheme. You can't make this stuff up. Unreal.
I said in the first post I am a fund manager who used to be with Reza's brokerage. I no longer am. Good for him? I wasn't making a pitch, I was actually writing a resourceful post.
Agree. This thread makes fchat look really bad. Rob I would lock this thread sooner rather then later.
