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Old 01-03-2008, 06:52 AM   #12 (permalink)
allinvain
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Default Re: Interview with Frank Ola, the4xtraders

Quote:
Originally Posted by makila View Post
I think you see this wrongly, you see, I did not had money in his first venture at all. So no refund for me.

I always stay away from forex programs offering 20%/month. Its just not possible. This saved me from Peter B as well.

Maybe they have honest intentions, but 20% is just overconfidence or *crap*

I was and still am not interested in frank's first site as the returns were too high. I may be interested in his second program, if he makes serious progress with refunding his investors. But whatever happens, I will stay very cautious.
Sorry for misconstruing your posts. The way I see it there is nothing wrong with claiming you *can* produce 20% per month, but when you begin to *guarantee* 20% per month, then that should raise the alarm bells of anyone with forex/investing experience.

As for his next program, hmm, I dunno, I tend to not trust a money manager once he/she failed once. However, he may come through on the refunds, in which case I will commend him for sticking to his word.
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