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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: Re: Make more by actively trading (Randy)
Sunday, 27 March 2005, at 12:27 a.m.
Hi Randy:
Well, I do know of some people making really good money, but I won't mention names just in case they don't want people knowing their business. However... One guy told me personally he is pulling out $400 per session, which would amount to about $1,600 per month, give or take, since each session is 6 days.
Another guy I know very well has portfolios worth over $70,000 and claims to be making around 10% per week (session) via the console. Now, a portfolio of $70K DOES NOT mean he is trading with that much. In fact, he could realistically be trading the console with around $10K or so which would still be $1000 per session, or $4000 per month.
And finally, another guy I know had a portfolio worth about $24K a couple months ago, and today tells me he is making 100% per month. Again, I don't know how much he is actually trading with, or how much he's making via the console, but I'm sure it's a good chunk of change.
I'm still trading with my measly $1000 or so, and am also getting around 40-50% each month, but I don't stay on top of it nearly as much as the person mentioned last who is doing 100% per month. If I was faster to trade my ecurrency back through when I have it, I could do better. I'm also VERY tempted to add more money, but I just don't have it right now since we're still paying for two homes and waiting for the other one to sell. :-(
Dave
> Dave,
> I don't have a console yet so I don't know how much someone can make with
> it. I've always been curious as to how much one can make with a console.
> Are you, or anyone you know, making $1000 or more each month with the
> console? That is my goal -- to make at least $1000 per month ... be it
> with a console or my portfolio. But I really am curious to the likelyhood
> of earning $1000/month through the console.
> Thanks,
> Randy
Read my review of the new ezWebBusinessBuilder!
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