Mirror Trading International

Status
Not open for further replies.
bchip said:
Yes I do trade....so the 1 thing I know is that even the best traders in the world sit with negative days.

How could they sell the trading predictions, myfxbook shows past results? :unsure:
If you want to convince us that youve outsmarted the market...show us in a real live account, simple as that.
Giving us excuses of why you cant just keeps telling us eve more its a scam
Click to expand...

Yes, I agree, even the best traders do experience negative results occasionally and it is to be expected. Johann also addresses that in his talks, we expect the bot to fail sometimes, and he explicitly mentions that we are very fortunate to have had the success we are experiencing with the bot. There are no guarantees, the bot may fail tomorrow and that is important for people to know. That information is not kept away from members.

The bot makes on average anything from 600 to 1500 trades per day, and at the end of a trading day you can see exactly all the trades, and between which currencies those trades were made, at what time, etc.
 
Bewlen said:
No need to dig. The opportunity to prove legitimacy of your claims is being handed to you on a silver platter. But you are avoiding it.

Scam. Stay away.
Click to expand...
The "legitimacy of your claims" please explain where, how you handed them to me on a silver platter.
 
@isitfree i dont even know who this Johan guy is, but from your last few posts I've learnt more than enough,

1.He has been involved in ponzi schemes in the past.

2. You defending him

SCAM
 
isitfree said:
When you make claims, at least be consistent and proof those claims.
Click to expand...

But I am being consistent, as I made this very statement before in this very thread, and I consistently use this statement with every ponzi pyramid scam scheme I encounter. Consistent to the T?

The 'better' move with any ponzi pyramid scam scheme is to let the thing run its course and to keep all the money. I showed how one can sit with SA's GDP within about 15 years by simply loaning a meager(e?) amount of R348k...

isitfree said:
Compound that daily, 5 days a week and you get exceptional growth.
Click to expand...

Too exceptional. GDP type of exceptional. Impossible exceptional.
 
isitfree said:
The bot makes on average anything from 600 to 1500 trades per day, and at the end of a trading day you can see exactly all the trades, and between which currencies those trades were made, at what time, etc.
Click to expand...

1500 trades per day is more than 1 trade per minute...and you dont sit with slippage or commission issues?
And you share this system with thousands of other people as well going for the same price...

Amazing!

So if the trades only last 1 or 2 minutes then how could they share the future predictions? #abitconfused
isitfree said:
They used to do that, then some people got smart and sold their trading predictions to others.
You should get the hint why they don't share their live trading. But they do share their trading results every trading day.
Click to expand...
 
Last edited:
isitfree said:
The "legitimacy of your claims" please explain where, how you handed them to me on a silver platter.
Click to expand...
Like bchip said in earlier post

Well if its with FXChoice then its easy to link the account to a myfxbook account and it can be audited.
Show us the real results on a live account.
Click to expand...
 
Tman* said:
@isitfree i dont even know who this Johan guy is, but from your last few posts I've learnt more than enough,

1.He has been involved in ponzi schemes in the past.

2. You defending him

SCAM
Click to expand...
You are obviously entitled to conclude your own opinion and I respect that.
There are very few people online in our area of work who have not fallen for scams and in some way got others involved either through active recruiting or not. What I can say is that Johann did not involve people in a project to knowingly scam them, I know him well enough to make that assessment. Make with it what you wish.
 
ld13 said:
But I am being consistent, as I made this very statement before in this very thread, and I consistently use this statement with every ponzi pyramid scam scheme I encounter. Consistent to the T?

The 'better' move with any ponzi pyramid scam scheme is to let the thing run its course and to keep all the money. I showed how one can sit with SA's GDP within about 15 years by simply loaning a meager(e?) amount of R348k...



Too exceptional. GDP type of exceptional. Impossible exceptional.
Click to expand...
There is a cap on how much people are able to make in the system. The future issues like when does the system become "too big" has been discussed and are looked at. Assumptions are just that, assumptions, so yes, GDP type exceptional is a possibility if the system is not adapted as it grows. You again assume that Johann will take the money and run which I doubt, but sure time will tell. I'm certainly not sure how long this will last, simply because there are factors that have an influence that is not self-evident to most, but I think we will cross those bridge/s when we encounter them.
 
bchip said:
1500 trades per day are more than 1 trade per minute...and you don't sit with slippage or commission issues?
And you share this system with thousands of other people as well going for the same price...

Amazing!

So if the trades only last 1 or 2 minutes then how could they share the future predictions? #abitconfused
Click to expand...
Surely you can understand how a bot is able to trade 28 currencies at a time and make more than one trade per minute. And yes the broker is making a handsome amount through their commissions and slippage, but so do we in the program. Some trades last a few minutes, some longer. There are no future predictions without a track record of past performance. No future performance is guaranteed, that is made clear to each member. It is because of the past year's record that we can predict that we average 10% to 12% growth per month.
 
Bewlen said:
No, it has been dodged.
Click to expand...
It seems you missed this response. (message #117 on the forum)

"They used to do that, then some people got smart and sold their trading predictions to others.
You should get a hint about why they don't share their live trading. But they do share their trading results every trading day."
 
Daruk said:
Came here to say this
You will be poor.
Click to expand...
Unfortunately,while they can keep recruiting suckeronis into Ponzis - everybody makes money which unfortunately makes it "totally legit and proof supreme"
Till they run out of steam and the last suckers end up footing everybody's lavish lifestyles

What's even more sad is a year or 2 ago there was a thread regarding another Ponzi scheme,where some posters admitted they knew what it was,but didn't care as long as they made money from it by getting in early
 
PsyWulf said:
Unfortunately,while they can keep recruiting suckeronis into Ponzis - everybody makes money which unfortunately makes it "totally legit and proof supreme"
Till they run out of steam and the last suckers end up footing everybody's lavish lifestyles

What's even more sad is a year or 2 ago there was a thread regarding another Ponzi scheme,where some posters admitted they knew what it was,but didn't care as long as they made money from it by getting in early
Click to expand...
Bitconeeeeeeeect?
 
isitfree said:
Surely you can understand how a bot is able to trade 28 currencies at a time and make more than one trade per minute. And yes the broker is making a handsome amount through their commissions and slippage, but so do we in the program. Some trades last a few minutes, some longer. There are no future predictions without a track record of past performance. No future performance is guaranteed, that is made clear to each member. It is because of the past year's record that we can predict that we average 10% to 12% growth per month.
Click to expand...

LOLOLOLOL

Some classy standup comedy.

Reading that just oozes to the fact whoever wrote this havn't made a single trade in their life. This reads like a janitor who wrote a thesis for a phd student and trying to fit in some common buzz terms.

Should just delete this new account and start a fresh one, rinse repeat just like you operate businesses.
 
isitfree said:
There is a cap on how much people are able to make in the system. The future issues like when does the system become "too big" has been discussed and are looked at. Assumptions are just that, assumptions, so yes, GDP type exceptional is a possibility if the system is not adapted as it grows.
Click to expand...

Jikes, I have never, ever, in my life, heard that a legitimate investment needs 'a plan', to somehow make less money, in case they start making too much, hitting GDP type of figures.

Beginning with an AUM of $1.3 million (the minimum amount you should have on your books by now)...

Value (USD)​
End
of
Year		% of ZA GDP (2017)% of US GDP (2017)% of Daily JSE trade (2018)
@ R14/USD
4754659​
1
0.001360807​
2.45212E-05​
0.25793479​
17389835​
2
0.004977056​
8.96846E-05​
0.943378512​
63602110​
3
0.018203237​
0.000328015​
3.450341138​
232620283​
4
0.06657707​
0.001199692​
12.61938217​
850792467​
5
0.243500992​
0.00438779​
46.15451054​
3111714134​
6
0.890587903​
0.016048036​
168.8069046​
11380877512​
7
3.257263169​
0.058694572​
617.3994853​
41624766083​
8
11.91321296​
0.214671305​
2258.095575​
152239680078​
9
43.57174587​
0.785145333​
8258.827144​
556806016496​
10
159.3606229​
2.871614319​
30206.08452​
2036479187604​
11
582.8503685​
10.50272918​
110476.6483​
7448280655516​
12
2131.734589​
38.41299977​
404060.6393​
27241567240665​
13
7796.670647​
140.4928687​
1477823.619​

Your AUM will breach the 2017 GDP of SA by (the end of) year ~10, the 2017 GDP of the USA by (the end of) year ~13 and your daily trades should match that of the daily JSE trades (in value) done on the average day in 2018, by (the end of) year 6.

To makes matters worse, the above assumes that you only start today, while this scheme has been 'running' for a while already... supposedly.

isitfree said:
You again assume that Johann will take the money and run which I doubt, but sure time will tell.
Click to expand...

I never assumed that. What I do assume, is that every ponzi pyramid scam scheme out there functions perfectly fine in the beginning by using new deposits to fund these crazy exponential growth figures. The 'founding fathers', like any MLM scheme tends to be the ones that ends up with most of the spoils.
 
Last edited:
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X