no , everything done as what he requested .. after sign the LPOA and passed my password to him , he become uncontactable ..trade without stop loss just keep floating never have a profitable trade until burnt..not like what he mention in http://www.meetup.com/asia-forex-league/messages/boards/thread/10708988
Details Of Project Millionaire
Start Date: 1st May 2011 (First Attempt)
Trading Platform: Metatrader 4
Broker: Activtrades Ltd - www.activtrades.co.uk
Broker Regulator: Financial Services Authority -FSA - www.fsa.gov.uk
Account Leverage: 400
Micro Lot Size Per Trade: 1% - 2% Equity (eg. $1000 = 0.02)
Trading Currency Pair: EURUSD, EURJPY, GBPJPY, GBPUSD
Recommended Investment Capital: USD $1000
Minimum Investment Capital: USD $500
Projected Maximum Drawdown: 25% <~~~~~~~~~~~~~ WHAT IS THIS ??
Projected Monthly Profit: 500% ++
General Terms & Conditions
- No restriction period on participation withdrawal (notice is required for deactivation of trading system).
- No restriction on profit withdrawal or minimum period but the minimum balance of $500 is required.
- No upfront fee (only for participants registered before or on 15th May 2011).
- 40% performance fee on the last high-watermark.
- Auto inclusion of trade rebates share scheme.
- Asia Forex League reserves the right to make any changes such as trading strategies without prior notice to participants.
- Signing of agreement contract is required for Project Millionaire participation.
- Asia Forex League reserves the right to published any participant account statement or investor password at it's own discretion during the committed period.
Pre-Start Live Trading Preview
Project Millionaire has already started. We no longer provide a preview of our strategy or systems to protect our interest and privacy of participants or clients. However, you may view a similiar 'raw' performance of our automated trading system at MyFXBook
Asia Forex League