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Menelaus
06 Apr 12 15:48
Joined:
Date Joined: 03 Feb 05
| Topic/replies: 6,745 | Blogger: Menelaus's blog
What do you think mate, was that "10 times annual wages profit" trade possible with a $20,000 trading account?

Mrben     29 Dec 09 02:03 
............I've decided against that and have reduced my account to 20k of which I will risk maybe 5k at a time.If I'm wrong Ill just stop.If I'm right I will all up and pyramid untill I get over 100k and then stop.My living costs with no mortgage are about 25k a year so 100k will allow a great lifestyle and travel.


My brokers fees are more than that every year FFS.




P.S. On the other hand, as I posted before, 10 times ZERO is still ZERO, so in that sense benny the clown was telling the truth.
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Report Menelaus April 6, 2012 3:55 PM BST
Oh yeah, and what a lifestyle for 25K !!!!!

My wife's shoes and handbags cost more than that every year. Grin
Report Mrben April 7, 2012 4:14 AM BST
that post was dec 09 you moron.My account have grown many times over since then.

mmmmmmmmmmmmmmmmmmmmmmmmmm you wifes shoes and hand bags cost over 500 $ a week but you are worried that petrol is 1.43 a litre.????????????????????????????????LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh


which part of that does'nt add up? I wonder.
Report Whippet April 7, 2012 10:54 AM BST
not surprised they cost that much, it's about the only way you can convince a woman to be with you. Let's face it, she certainly isn't with you for your wonderful personality now is she? Laugh
Report Menelaus April 7, 2012 11:11 AM BST
We can easily settle this benny the clown. Prove the trade was real, that you are not the complete fraud you were exposed to be, by posting how the trade was executed. Something other posters have asked you to do as well but you conveniently ignored.

I say you can't do it because it was all fiction, all made up in your little pea brain, and you are a fraud. A small time clueless mug who makes up rubbish as he goes along.

PROVE ME WRONG.





P.S. Wipeout, aren't your knees starting to hurt mate???
Report Menelaus April 8, 2012 6:21 AM BST
Just be accident, I think you missed this post.

PUT UP or get the feck out of here with your tail between your legs.

Which will it be my little cute fraudster? LoveLoveLove
Report Menelaus April 8, 2012 8:24 AM BST
I'll take that to mean "I'm a fraud" !!!!!

I feel sorry for you benny the clown getting caught in that grotesque lie. I knew you couldn't whizzle your way out of this one.

....as surely as I know of your epic ignorance.

Time to get over it benny the clown......YOU'VE BEEN HAD !
Report johnnie walker April 24, 2012 1:34 AM BST
sorry i m replying late i was away for some holidays and didnt log in for a while
i copy the reply i put up few weeks ago about it.



johnnie walker Joined: 09 Jan 08
Replies: 218 10 Mar 12 12:54   
mr ben you could avoid these threads.
no one will take you seriously - whether you re telling the truth or not - if this is your ungracious style. some of the bitter replies you get are an obvious consequence. personally i dont care, but if you want people to read your stuff and comment in a constructive way, thats not the way forward. unless your idea of the forum is a bragging kindergarden only.

you do the right thing to trade short term ( day trading ) as your record, at least on the forum, for longer term views is somehow poor ( werent you predicting a massive collapse of everything just a few weeks ago? ). as an advice, stick to your strenghts, and day trade. the other advice i would give you, you seem to have too far stops compared to your somehow closer tps. if you really trade in such a size, discipline is paramount. a flash crash like we witnessed in may10, or a tsunami in japan like we saw in march11, can happen anytime and it s unpredictable. and without proper stops in place, a leveraged bet could wipe years of profits away. if there s something these yrs of crisis have changed forever it s the liquidity of the markets. it seems to exist, until the moment it disappears all at the same time, making the door for the exit very very small.

ps
for the sake of clarity, someone should teach in australia that 600k over half a cent makes it 120million, not 1.2 billion anyway. considering ben claims he made a 6 figures sum and 10 times the average salary, i would read his claim as having made 300k ish usd ( fx trading is tax free ). he also says he made it thru a combination of audusd, xauusd and trading eurusd explosion on the upside. assume he made 100k per bet, he would have required a 20 million stake, for which a professional broker would ask for maximum a 1 million deposit.
we re still talking about a massive number and somehow far fetched ( only few months ago ben was making bets 'large enough' to finance a 3d tv or a 2weeks break in bali, so we re here talking about upping his stakes 10 times ), but totally believable and achievable.

for the sake of clarity too, audusd on the 7th march spent all day below 1.0600 and at the time of mr ben thread, around newyork close, was puked below 1.0550. there s a chance he could have made a full figure on his investment.

jw.
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