Sensei Michael Investments

http://www.fxunitedexplained.com/is-fx-united-a-scam/

With this latest payout from the FOREX HYIP, I have already taken back all my money in USD terms (more than USD1300) although in SGD terms I still have to get one more payout to have taken back my investment (due to the IB's spread of 1.6 vs 1.4 currently for the USD/SGD pair). For something I started 8 months ago, this is pretty solid returns. In statistics, we study probability and understand the concept of mathematical equivalence. We understand the concept that a 100% chance of getting $10 is the same as a 50% chance of getting $20, mathematically. However, in the real world, any sane person will take the 100% chance of $10. As such, in the real world, probability in itself has a value, and all games of chance (investments are also games of chance, as are businesses we run, except that the latter we believe we can influence somehow with our steering of the business) add that value to the investment. Because of this value of probability, all investments share one common trend, w...

I met up recently with a lady who was interested in my 8.52% per month investment scheme. She wanted to find ways to quickly reduce her debt, which made me advise her not to come in to the investment scheme because of its high risk. I found out she had incurred the debt burning her fingers doing FOREX futures. It was nothing new to me. Too many of us have been burnt with leverage. Leverage is like a knife - it can enable you to cut something well, but if used carelessly, you cut yourself. And if used criminally, it can kill someone. Unlike spot trading, where you immediately pay on the spot and hold on to the actual security (stocks, in the case of the stock market, or currency, in the case of the FOREX market), futures itself is a promise to pay in the future at an amount agreed upon now. Since there is no floor or ceiling either way, you can get burnt for more than the capital available, unlike spot trading. Futures really, should be used by those who are truly interested in locking ...