How much would you be willing to pay for 20% a month?
June 8th, 2010
How much would you be willing to pay to use a forex service that generates an average of 20% monthly? This service needs no trading by you. It is all done automatically. All you need to do is leave the trading platform open.
In response to Stu G:
This is not my system I am asking about or anything like that. I am asking about a website I came across and was wondering if the cost was worth it.
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20% per month eh? Don’t bet on it. If you could make 20% per month trading Forex, you would be a superstar hedge fund manager with $10 billion under management, and you could charge an incentive fee of 50% of the profits. There is no hedge fund that large that boasts 20% returns monthly. The best funds are very happy with providing their clients with net returns of 15-30% ANNUALLY!
While it is possible for an individual trader to make such returns on a consistent basis, it likely does not come from a blackbox trading system such as that you describe.
Scott Cole
http://www.kungfutrader.com
I would be willing to pay about the same amount I would be willing to pay for a three-headed pink and purpe striped talking unicorn. Neither exists.
A trading system may have averaged 20% a month for a number of months, but if it did it is because it takes risks that will almost certainly be catastrophic in the future.
$1,000 earning 20% per month would be worth 3,175,042,373,780 in 10 years. Why would someone who could make that kind of money even bother selling the product when he could be a trillionaire without doing anything? The obvious answer is that he knows he cannot get a high return trading so he is trying to make money selling something to suckers instead.
Assuming it is real, which I don’t think it is.
I wouldn’t pay more than I would be getting on a 20% return.
So if I want a 20% return on $10,000…. I wouldn’t pay more than $2,000.
But it’s probably just a scam.
You have it exactly the opposite of what I would be willing to do – the real question is how much THEY would have to pay ME to use me as a front for their forex trades. I would be providing the service, not them, so it’s up to them to make it worth my while.
All con men like you should die a slow and painful death!
You are a liar and a cheat, and will probably get some fool to give you some money, I hope with it you get disease, poverty, and pain.