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Originally Posted by makila
I never traded myself so I am not gonna question the % of profits you make. But...
Eh, I have been online since 1995. In these 12 years I never saw any trading site perform a lot more than 6% a month without crashing down. NOT a single one. Maybe you can proof me otherwise, go ahead,
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I think you are confused about one major thing, 99.9% of all the trading sites you have seen online and are talking about are simply scams... real trading companies, don't offer referral fees, and 10 dollar payments and on and on.... real firms offer bank wires and traceable people and funds.
I suggest you have a look at
World Cup Advisors - Home &
Swing Trading, Day Trading, Emini Futures
Both have been online for years, both are very real and very legit and both have many traders averaging over 6% with full proof. I could name more but those two come to mind right away.
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when you launch a trading site and you are still here trading +6% a month in 2 years from now, we will talk again.
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I do run a private pooled fund and I've traded for over ten years and I have averaged over 6% for that time period...
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Of course trading a pool account is not the same as private trading. If you trade with your own funds, or that of a few friends, you can easily take additional risk. Just increasing your leverage from 1:10 to 1:100 can bag you 40% profits instead of 4% profits. And with private trading you can risk that and most likely it will work out and you will get away with it. If you trade pool money you simply cannot take that risk. At least thats my believe.
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Actually you have it reversed.. if you are trading with friends and family money only you would likely be much more risk adverse..but if you are trading using strangers money you would be able to risk as much as you like as it's NOT your money and they would have had to sign Risk agreements before depositing anyway.
But none the less I will assume you are talking about Forex as most other types of trading you simply can't just increase leverage in the way you are referring to. I never risk more than 5% of total fund on any one trade....it is actually easier to trade with a bigger account. I won't bore you with all the math here, but with 100k you only need to make 6k to earn the 6% you're talking about... but for example in the futures market 100k means you could trade comfortably with 20 contracts, which would net you 1k for every point you make. Simply meaning you would only have to make ONE point 6 days out of the entire month of 20 trading days to make the 6% in question... again I realize you don't trade so that might not make a lot of sense to you, but trust me and if you don't read up on it you'll see what I mean.
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I am not trying to be rude, just facing facts just like you are facing me with your facts.
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I understand you are not meaning to be rude, but you have to understand you are making comments about trading which in fact you really have no experience in. Plus add to that the fact that you are considering online scams that pretend they are trading as real trading funds. There are many many funds out there that are real and do earn the type of returns we are talking about.
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I dont doubt you make over +10% monthly for years. But you do it on a more personal or private level.. 
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I actually do it both personally and for pooled funds...
But we have drifted way off topic here as we should be discussing LEGISI so please MODs do forgive me, the point was simply to show that earning 6% a month is not that hard. I think it would naturally be much harder for someone trading millions of dollars vs. hundreds of thousands, but of course they would also have access to investment that a smaller capital based account would not...so back to our regularly scheduled program.
