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Originally Posted by justsexxx
When ppl promise me 10% in 6 months, I always wonder why they don't keep this secret....
Seriously, OFTEN when it sounds to good it is, ask him for garantues(at least money back, or a max loss of X %)
Andre
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Thanks for the advise. I only got approached cuz one of his investors finally emigrated out from the Philippines so I was offered the slot. He only deals with people he knows. I'm not sure how commodities work in the US (probably on a mass basis) but the system here in the Philippines is very trader-heavy so the margins can be quite nice. Unfortunately, foreigners get ripped all the time (either by the courts or by tax technicalities) so my being Filipino and related to a cousin of the trader in question helps a lot.