update on this story.
i had decided to not invest in him in march. it turned out to be a wise choice.
during copper run, there was a few days of ranging, he lost a lot. in a 250k account, he lost 60% in 2 weeks. now, it is only down 20%, because copper is in a trend now.
meanwhile, he borrowed 1:1 to invest his own money in stocks, made 500k in 2 months.
he broke up with his original investors, because they ask him to stoploss and force him to positions.
currently he is seeking more capitals, however i have decided not to invest in him now, because.
1 he is covering toooo many markets for toooo many clients. stocks, margin, travel, meeting, futures, girlfriends..
2 he is too aggressive. he told me borrowing money at 12% is cheap. and all in in one future is ok.
3 his analysis is not 100% accurate, but he bet 200%.
i admire his returns, and i want to chase him, so i have decided to BORROW 400K more from 0% balance transfer credit cards! i need to beat him on my own!
i had decided to not invest in him in march. it turned out to be a wise choice.
during copper run, there was a few days of ranging, he lost a lot. in a 250k account, he lost 60% in 2 weeks. now, it is only down 20%, because copper is in a trend now.
meanwhile, he borrowed 1:1 to invest his own money in stocks, made 500k in 2 months.
he broke up with his original investors, because they ask him to stoploss and force him to positions.
currently he is seeking more capitals, however i have decided not to invest in him now, because.
1 he is covering toooo many markets for toooo many clients. stocks, margin, travel, meeting, futures, girlfriends..
2 he is too aggressive. he told me borrowing money at 12% is cheap. and all in in one future is ok.
3 his analysis is not 100% accurate, but he bet 200%.
i admire his returns, and i want to chase him, so i have decided to BORROW 400K more from 0% balance transfer credit cards! i need to beat him on my own!