Discussion Asia Forex League | PM S17

no , everything done as what he requested .. after sign the LPOA and passed my password to him , he become uncontactable ..trade without stop loss just keep floating never have a profitable trade until burnt..not like what he mention in https://www.meetup.com/asia-forex-league/messages/boards/thread/10708988

Details Of Project Millionaire

Start Date: 1st May 2011 (First Attempt)
Trading Platform: Metatrader 4
Broker: Activtrades Ltd - www.activtrades.co.uk
Broker Regulator: Financial Services Authority -FSA - www.fsa.gov.uk
Account Leverage: 400
Micro Lot Size Per Trade: 1% - 2% Equity (eg. $1000 = 0.02)
Trading Currency Pair: EURUSD, EURJPY, GBPJPY, GBPUSD
Recommended Investment Capital: USD $1000
Minimum Investment Capital: USD $500
Projected Maximum Drawdown: 25% <~~~~~~~~~~~~~ WHAT IS THIS ??
Projected Monthly Profit: 500% ++

General Terms & Conditions
- No restriction period on participation withdrawal (notice is required for deactivation of trading system).
- No restriction on profit withdrawal or minimum period but the minimum balance of $500 is required.
- No upfront fee (only for participants registered before or on 15th May 2011).
- 40% performance fee on the last high-watermark.
- Auto inclusion of trade rebates share scheme.
- Asia Forex League reserves the right to make any changes such as trading strategies without prior notice to participants.
- Signing of agreement contract is required for Project Millionaire participation.
- Asia Forex League reserves the right to published any participant account statement or investor password at it's own discretion during the committed period.

Pre-Start Live Trading Preview
Project Millionaire has already started. We no longer provide a preview of our strategy or systems to protect our interest and privacy of participants or clients. However, you may view a similiar 'raw' performance of our automated trading system at MyFXBook

J. Iskandar
Asia Forex League

Projected Maximum Draw Down is how low he thinks the account will go before it turns around again (Biggest peak to valley) That means with $1000 it would be ok to see -$250 Or if you were at $10,000 it would be ok to see -$2,500 because a 25% Draw Down is normal Max Draw down for the strategy and weight he is trading.

Brutal, I am very sorry to hear this happen to you... it still happens to me too. Today even! And I have been around the block.

I just lost 12% on a new manager https://blog.fundsforexmanaged.com/posts/emergency-stop and I consider myself pretty knowledgeable and experienced in getting managers to trade my money.

500% profits, wow, thats quite a claim, I would have wanted to see a ton of proof on that one.

haha...just becareful next time . This myfxbook seem got trick by trader too..it looks like it can be modifry the result ( guessingly )

kkl927 posted:
    completely scammer~~ burnt my account between 4 days

in only 4 days? 😲 Dont enter 'quick rich scheme' managed by others, they are just gambling with your money.

Damon posted:
 https://blog.fundsforexmanaged.com/posts/emergency-stop

Hi Damon is this ur blog ?

interesting cos the fibogroup account opening link shows danny as the IB