4ebl

Legisi never promoted 20%. Just before the 6% was 12.5% and 10% (before that wsa 15%). Even those rates were achievable. One reason to move to 6% was because with the large capilization it was harder to sustain the rate. Another reason was a desire to move to lower risk. There were other reasons also but regardless, the point is, as you are saying, 6% is achievable. That's what matters.

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Traderj

I'm sorry and I am not picking on you or being rude, but you are not correct about 6% being tough. There are tons and tons of real traders in the world that make 6% a month without any issue, you can add me to that list. I have traded for over ten years now and I have NO problem at all earning 6% a month, in fact that would be considered a very poor month. Naturally I am NOT moving the amount of money around that Legisi must be, so it would be harder to make the same returns as I do now with millions of capital.. do simple math my futures account has a balance of 50k, 6% is a 3k per month return... I generally triple that... I am by NO MEANS unusual in the trading world... what sort of experience to you have in the trading game? Again not being a jerk just asking...

The only thing that I disagree with in the LEGISI model is making the return fixed... that is not wise in my opinion if in fact real trading is going on....

Topgun

1.7 million Legisi funds got seized !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Legisi - legisi.com - Page 141

and Matt Gagnon is looking for an extra 2 million to compensate for the 1.7 million seized

LEGISI - 1 of the biggest ponzi's made it to the authorities

"Identified e-gold accounts operating pyramid schemes

e-gold accounts 2636005, 2825136 and 2828872

(Legisi Holdings LLC)"



No trading has ever been going on at legisi, is was just a ponzi like all the rest

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, when you launch a trading site and you are still here trading +6% a month in 2 years from now, we will talk again.

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. I am not trying to be rude, just facing facts just like you are facing me with your facts.

I dont doubt you make over +10% monthly for years. But you do it on a more personal or private level..

Traderj

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.

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...

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.

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.

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.

makila

Nice some of these traders 5x-upled the money in the last 5 years? If this is indeed real, I should take all my money out of my bank and let these guys trade it for me.
But what about the traders that lost your money? Of course these are not shown on the website are they? Despite the fact some of these traders are very succesfull this doesnt mean there is NO risk and that they cannot loose your money..

But ya are right, this is a Legisi topic Back on topic for me.

Gold1

What else to expect...Matt Gagnon from Mazu is famous for running Ponzi scams

I bought his Mazu business package in the past, TOTAL JUNK !

radio4

The basic question here is:

What has happened to all the deposits into Legisi???

Legisi is just the oppisite of the name of this site, it is BS.

And the people who revit up and collect referral fees are a bunch of --------.

luv2loan

Dude chill out! Why are you so angry with Legisi? Did they forget to pay you when you were a member or something? I can understand your rage towards this program. If it bothers you that Legisi is still here and kicking then find something else to do with yourself.

Whackoff or something.......and get a life homo.

Traderj

Are you a member?

Did you miss a payment?

I can't see any other reason why you are so angry?

There are NO referral fees being paid as they are now private, I don't know a single person that has been cheated out of their money when loaned to LEGISI.

If you know of anyone, please let us know.