Zia you need to stop him ...lol
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Forex $100K Loan Plan
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Originally posted by Big River Man View PostSo have you given up your dream for now on Forex? Was risky but kudos to you for trying.
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Originally posted by trading100k View PostNot yet! Dream is still there.. got plans to meet Asad in Dubai next month and let's see what that inspires. Thanks though I should use my own personal funds next time.
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Originally posted by trading100k View PostMy name is Zia, I'm a full time Forex/stocks trader and real estate agent. I started Forex trading a few years ago and have been very successful.
Since my personal funds are invested in property I decided to start the following:
I took a $100k loan from the bank with an annual interest rate of 5%. My goal is to make 35% to 65%
total profit in the next 12 months, which is an average of 3-5% monthly. This will cover my 5% interest rate and leave me with a substantial remaining profit.
I will only withdraw from my profits to pay the monthly payment to the bank. After a 12 month period I will withdraw the initial deposit and trade with just the profits to continue my services.
Unfortunately I don't have history in meta trader 4 platform, but you will see consistent profit. I know I will be able to cover the interest charged but I strongly do NOT suggest anyone to take a loan and join me!!
Trading style: I'm a swing/scalping trader and trade on major pairs.
You will lose a Maximum of 5% capital amount if you are running me at same risk.
My maximum draw down will be 5% once my account reach to 5% draw down I will close the trades.
I will be available on the forum between London and New York sessions, if you have any questions, you can post them there.
Good luck simpletrader.net team, your copier system is great! Thanks to Nick-Admin.Last edited by Xivensy; 12-30-2019, 07:51 AM.
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