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General Forex Discussion
100% Gains in less than a year... Consistently!
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[QUOTE="amrrashad, post: 52621, member: 28067"] Hi everyone, First time poster here and I'm not even a beginner, I know less than that about Forex. Just had a quick question for you guys and was hoping you could help me out... In Egypt, a few Forex trading companies have been emerging lately. I know of 2 of them, and their promises are the same. You give them your money, they trade and you get the returns while they keep part of the profit for themselves. Now, I have a number of friends and relatives who do have investment accounts, and they all say they've doubled their capital in less than a year. Some already have, some are on their way. Mind you, none of them has withdrawn all their money yet, everyone's happy watching the money grow and take out a little money from time to time for fun stuff (travel, gifts, splurging... etc) It's been going on for about 3 years now, and some of them have stopped working; relying on the profits from their investments to keep them going month-to-month. Am I the crazy one? Or do these sound like Ponzi schemes to you too? Are those typical returns for managed Forex trading accounts? Over 100%, Consistently (year over year)? Would love to hear your opinions because people think I'm crazy for calling those companies out as scammers. [/QUOTE]
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