http://www.bloomberg.com/news/2014-1...-vanishes.html
After watching this video, I don't think it looks convincing:
After watching this video, I don't think it looks convincing:
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Alright, lets assume they started with only $1'000.- initial capital themselves and made 1% each trading day for 5 years.The site said investors had averaged net gains of 1 percent each trading day during the past five years.
There are about 252 trading days per year, which makes 1260 trading days altogether.
Now if you compound the interest $1'000.- would have been
$12'274 after one year
$150'651 after two years
$1'849'092 after three years
$22'695'762 after four years
$278'567'833 after five years
If their initial capital was higher, well, you get the idea.
Anybody who still thinks those guys are dependant on clients' money must be completely brainwashed or simply stupid.
Common sense should tell you not to invest in obvious ponzi schemes
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Interesting article in link, thanks.Comment
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It's "big scam" if you ask me, only some will make money, others will get burnnedComment
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I'm not certain how to calculate compound interest but I'm pretty sure you are a fucking idiot and those calculations are way off..Alright, lets assume they started with only $1'000.- initial capital themselves and made 1% each trading day for 5 years.
There are about 252 trading days per year, which makes 1260 trading days altogether.
Now if you compound the interest $1'000.- would have been
$12'274 after one year
$150'651 after two years
$1'849'092 after three years
$22'695'762 after four years
$278'567'833 after five years
If their initial capital was higher, well, you get the idea.
Anybody who still thinks those guys are dependant on clients' money must be completely brainwashed or simply stupid.
Common sense should tell you not to invest in obvious ponzi schemesComment
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Comment
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I am not that good at interests, that is why I have book to make Exel charts and I use those. Daily interest gives with this calculator about 37 000 after one year, not 12 000. Anyways, good investment. No one hasn't yet told to where I can ship the money bales.
http://www.pine-grove.com/online-cal...calculator.htm
EDIT: Nevermind, I calculated with 365 days.
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BUY MY SIG - 50$/Year
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