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FIB - Scams 101 - Ye Olde Archives
Posted By: ChristopherSchumacher <stillsmuthNOSPAM@netscape.net> In Response To: Re: Gotta agree, here...and... (Randy)
Tuesday, 4 January 2005, at 1:33 p.m.
I kind of answered this one in my other post, but I'll go ahead and respond.
I've been with the program for a while now, and know most of the ins and outs. Yes, it's POSSIBLE to bring home $1,000 a week JUST trading...but you'll have to trade with the big boys who run numbers of $50k+ in their floats to get those numbers. Realistically...the amount you make trading varies dramatically week to week. Some weeks I make close to $1,000...others I make $20. Trading relies on a number of things to keep the flow going.
The portfolio, on the other hand, it is very easy to get to the $1,000 a week take home level. I would say using some of the things talked about in the course, and in our forum, it would take 6-8 months starting with a few hundred as your investment.
I believe Matt was trying to convey that the course explains how to use both together to reach the level you are aiming for, not just that the trading alone would get you there.
Hope that helps.
Sincerely,
Christopher M. Schumacher
stillsmuthNOSPAM@netscape.net
> Steve -
> This is the part of eCurrency trading that I'm really confused about.
> In one of Dave Mauder's posts above he says that Matt's income claims on
> his eCurrency website are "somewhat inflated". Is this true? My
> big goal to eventually make $1000 per week. So, I emailed Dave (he says he
> is an eCurrency trader) and asked him if thought an individual could earn
> $1000 per week doing eCurrency trading. Here was his response:
> "At this point in time, knowing how the ecurrency trading system
> works, I do
> not see how anyone could make $1000 per week simply trading. However, just
> having money in a DXGold portfolio earns around 4% - 6% every trading
> cycle
> which is currently 6 days. I guess if your portfolio was worth about
> $30,000, would earn around $1,200 every 6 days from that."
> So, Steve, is it really true that the only way one could earn $1000 per
> week is to have about $30,000 in their portfolio??
> I would really appreciate it if you could help me with this question
> because I am trying to decide whether or not to get involved with this
> business.
> Thanks,
> Randy
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