Know the Difference Between Money Games and Real Investment Platforms
They go by many names, and the best scams are the hardest to spot. Here’s how to know when that investment opportunity is really a money game in disguise. What do you know about money games? Names like JJPTR, MBI, and others have been hot on the news lately for scamming investors out of millions of Ringgit. Masquerading as investment platforms, these money game companies promise to invest your cash for sizable returns, only to turn around and run away with the money.
How do you not fall victim to this and stay ahead of the game? First, you need to know what money game companies are.
What Exactly Are Money Games?
To put it crudely, money games are pyramid schemes dressed up as investment platforms. They sound like, look like, and on the surface, perform like legitimate investment companies but are actually just tricking people out of their money. They do this by selling their services and then simply leaving the customers empty handed.
There is good reason why people fall into the seductive trap of money game companies. They offer what looks like real investment returns, and in the current economically wobbly climate, many of us may fall prey to their scheme. So here’s how to know when a company is a legitimate investment platform, and when they’re not.
It’s a Legitimate Investment Platform if:
Their advertised rate of return are reasonably higher than fixed deposits or maybe even some unit trusts, but not that high. Their language when describing investment returns would include disclaimers that the market is volatile and there’s a non-zero chance that returns may be less than expected. Read More @ https://ringgitplus.com/en/blog/Bank-News/Know-the-Difference-Between-Money-Games-and-Real-Investment-Platforms.html
WHAT ABOUT FOREX AND A GAMBLER?
A Forex trader can easily become a Forex gambler when he lets his emotions dictate his actions to trade impatiently and illogically. Unlike gambling, trading is much more than just betting on an outcome. A good trader has and adheres to a trading plan that gives him the statistical edge of winning.
STOP THAT BULLSHIT OF HIGH RETURNS AND BE REALISTIC – FOR YOUR OWN SAKE!!!
A realistic return average in 2018 for professional forex traders is between 1% and 10% of what they put in each month. As a new investor, your focus should be extensive learning and studying educational resources on techniques and methods.
You see – be realistic and don’t get caught in money game!!
TRADE SAFELY AND ENSURE THAT YOU HAVE PROPER RISK MANAGEMENT – TP & SL’s properly done and placed…
If you want to learn Forex Trading or global currencies trading or stock market for FREE!! FOR 3 DAY’S Call Sharon @ 09199104104. to reserve a seat.
High Risk Investment Warning:
Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.