Interview with Frank Ola, the4xtraders on Page 2 at Nobullshit Network Forum

**Jude** · 01-01-2008, 06:09 AM

Having stroke after opening positions.. I don't think that's anywhere near realistic in terms of human error.

Thanks for sharing with us makila, appreciate it.

**allinvain** · 01-03-2008, 06:52 AM

Quote:

Originally Posted by makila

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.

**allinvain** · 01-03-2008, 06:56 AM

Quote:

Originally Posted by Jude

Having stroke after opening positions.. I don't think that's anywhere near realistic in terms of human error.

Thanks for sharing with us makila, appreciate it.

Hmm..yeah, I hope it's not some way out there excuse. Given the nature of this shady "online investing" industry I would not be surprised.

You know, out of curiosity, what are some of the most amusing and extreme excuses you've heard from program admins/henchmen? I think it would be quite neat to hear some of the more funny ones out there.

In fact if you folks send me some I would be willing to publish them on my blog for comedic relief because I love bitter humor

teedawgb · 02-27-2008, 05:07 PM

Quote:

Originally Posted by makila

Hey All. For those that didnt knew it yet The4xtraders is temporarily closed.
The site will be revamped and relaunched soon with new investment plans.

According to Frank, everyone who invested under the old system have been or will be refunded before the relaunch takes off.

I was looking for people here at Nobshyip who invested(or know someone) in this program and to verify whether refunds are being processed (or already finished).

I would love to believe Frank is a honest person, but as usual I am sceptical(No offense to Frank, this is just a standard precaution procedure ). I need peoples to share their opinions and experiences they had with him.

I have a difficult time finding any investor from his program. As all threads about The4xtraders in the major hyip forums are all dead for ages and I couldnt find a person either in these threads that invested)

I am a Investor in the4xtrader.com program and I have not received any funds back or any notice on an refund. How likely is it that he will give us back our money?