Re: Forex Freedom Rock scam ? Lets discuss this program.
Jim,
Thank you so much for posting your comments.
I think the misunderstanding is probably mine but lets try to get this sorted out on the forum here so that everyone can read it.
I think the reason for the misunderstanding stems from the very unclear instructions on how to properly use the Freedom Rocks portfolio allocator and the term "margin percentage" used on this allocator.
It is my understanding that "margin percentage" is the amount of my account I will allow the Freedom Rocks program to control. So for example, if I choose 30%, then in a vary bad scenario my account could be down by 30% at any given time during the month. I then look at the percent annual return using 400:1 leverage and EUR/USD + USD/CHF pairs and I see an annual return of 45% (roughly 3.75% monthly).
I next assume this means I am essentially risking 30% of my total forex account at any given time to make 3.75% monthly.
I realize there may be some flaws in my assumptions but is this generally correct?
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