Thread: How is 2% still being earned ?

I too, would like to read those books!
:D

:) hi jiaco,
that way you are multimillionaire in the meantime.
I assume you are never in a loosing trade?
congratulations! :lol:

calculate:
10'000 WDs monthly by 100'000 account holders:
BM has to make 1'000'000'000 (=1B) in payouts every
month. He can only make this with PPPs, because only those
trades are secured and make profits everytime. :roll:

and the big question is: is BM in such trades? :?
As long as we don't know that, we are not certain.
But as BM mentioned that he has been invited by the UNO
and approved by the FED (what we cannot know),
I guess P..ps will be ok in the future after payouts are possible
again in big chunks. :)

Originally Posted by jiaco

If people can't understand how 2% per day profit is possible through trading, you need to read a book...or two.
Example: On July 20th I purchased approximately $1,000 worth of options in Amazon.com. I bought equal amounts of the $40 calls and the $37.50 puts. The calls were $1.50 and the puts were 1.75. About a week later I sold the puts for a 50% loss (around $250). I also sold the calls when they reached a value of $7.00. Do the math. That's a 50% loss on one investment and a 300%+ return on the other. All in all, after trading fees and the loss, it's a return of well over 100%. Oh did I mention, I'm not even real good at this.
Let's try educating ourselves before we fall into the "it's not possible" nonsense. By the way, Baidu.com (bidu) had it's stock double on Friday. Opportunities are out there if you know where to look.

Whatis, you rock. Keep it up.

thank you.

Rainer,

You're a ****Edidet by Shell****. Of course there are losing trades. If you have a clue about anything you'd know that proper money management will prevent losses from getting out of control. But you don't know so on to everyone else.

The best 2 books I've ever read on trading are both by Michael Parness. "Rule the freakin' markets" and "Power Trading / Power Living". I recommend just picking up any "For Dummies" book on the subject of trading, day trading, stocks, options, etc etc.

In my opinion, the opportunity that may present itself thru Pips is great, but you do nothing for the money other than wait and hope. I think if you are waiting anyway, you might as well educate yourself and maybe someday you won't even need pips.

jiaco

Originally Posted by lutwyche

Excuse my e-currency naivety , but to trade and make 2% per day for all members ( 200, 000 plus ) , doesn't the following have to happen :

Funds have to be available ( 60 / 40 % ) for the company to commit to the market every trading day .

This is a minimum 1 billion dollar transaction every day .

Are these funds free to be committed every day , and where are they held and transmitted from .

The market has to pay at least 2% daily for us to profit .

My ROL keeps clicking over like clockwork , allaying fears that the program is not paying .

Banks , platforms, Patriot Act etc etc , like most I don't understand the nitty gritty but see ROL and can't touch it .

Have not committed much but just want some light shed on the future.If it over , let's get on with the future , not dream in the past .

Remember they are also trading 12:1

Thanks jiaco!
:)

I too, Thank you jiaco!
8)

good call jiaco. Thats why i and a few others on here have started looked at forex trading. Yes you need to educate yourself and give yourself new options. Its a really excellent world if you have the right mindset. I watch the charts for a looonnnngg time. Ive made 60% one day, i lost 60% the other day (being distracted, sloppy); today i am more cautious and nice and profitable (looking at 15%). Its a good training ground. Hold on a sec..move my stops...

If you need a book, i have a whole pack of them i got from a thread a while back, but i will send out the one i found best at getting me started to anyone. I have some hosting space that is about to expire if people want to read the book i will put it up there. Just ask in the next couple of hours and it will be done.

Anyone that doubts that an average 2% a day is possible has no experience of trading and does not know of what they speak. Even the average Joe Nobody can go in there and make consistent returns, once they understand the rules. What do all the traders sat in offices in london do all day? How do they afford all the jaguars/boxsters? Must be something to it...!?!

Pablo,

YES PLEASE! :D

I also sent you a PM. Hope you get it.

Thanks in advance.
Stephan

PS: I love it whenever I meet helpful people.
Great antidote for negativity.
Thank you to all the helpful people!

Originally Posted by bigmanza

Well there must be many many clever people who invested in this, and the day i heard about coffyshops ,and fashion etc, i was very amused. I hope we are not all waiting for these little businesses to pay us 2% return on our money's. As far as i am concerned i did not even want to hear about bistro's and coffy shops as that could never pay all the members the returns we were promised. All the profits of all the coffy shops and bristo's in Africa could not pay the money outstanding to members at present. The situation is very serious and is growing at 2% per day. Need to sell a lot of coffy, steaks and fashion dresses to cover that

So true. None of us got in pips to give our investment to all these sidebar businesses which make just enough profit to pay employees and not much more. I'm assuming Bryan started them to give pips an air of "respectability". All well and good but we, the 2%ers should have been his FIRST concern. I hope I'm wrong, all this worry makes me negative, but I hope he still has us uppermost in his mind. After all, without us, pips is kaput.