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layi (m)
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@Layi
Let me point out a fact that i 've observed,its doesn't seem polite to suddenly change topic threads in discussion forums.You are certainly no exception to this.I'll tell you a very honest thing about life which i feel you have not totally discovered.
Blowing your own trumpet in this forum will only irritate visitors to this thread,changing topic to suit your personal gains is quite a selfish attitude to display on threads.
It irriates you not visitors. A few asked how far? Well, Seems you're d one who is oblivious of facts. Thats is far from blowing my trumpet. That is just a testimonial. I actually pointed to d source of the funds and gave a open welcome. I'm not just garnering attention to myself. Simply start a thread in the Business section of Nairaland and title it Learning about Forex with Layi the Great!I can assure you that the results will amaxe you.After all you are greatest in Forex.
Thats absurd and unnecessarily sarcastic. You obviously didnt read my posts. I don't trade forex personally. I used managed accounts wit pros. If u call me the greatest, well, good. I wish i was. @ Topic
I believe some so called Forex,E-Gold & HYIP folks may be creating the fourth dimension of the Yahoo Yahoo Geneology. I've gradually developed an interest your so called Forex trading activities and will certainly be carry a personal reseacrch to arcertain how authenitic the information you folks have be feeding is true.I just hope you guys are not into anything shady,after all it sounds a bit suspicious why a thread about Yahoo Yahoo boys should suddenly be hi-jacked and changed.[/color][/font]
Just know that you've deviated from the topic as well wit your rantings. Only the admin retains d rights to correct anyone who's deviating. Well i desist. Whatever floats your boats.  |
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hitsales (m)
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Now some should be asking, How can I get started on this lucrative business rather than condemning without foresight. It's rather intriguing knowing that we're blinded. Whoever that's not got anything doing should think of a way out and that way is FX. It's the bomb in our generation now and hey, I'm aiming for the six figure income in FX, Thanks Layi for helping to remove the speckle from their eyes,
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layi (m)
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I wish i did but some folks are just amazing, making unfound allegations and playin oversmartness (smelling scam everywhere).
Forex isnt a new thing. we've all heard about it. i wonder how some folks will say forex is scam. it amazes me. If u don't want to give anyone money, you can go all alone. There are materials all over the internet for you to study. Tens if not hundreds of thousands of testimonials abound all over the net but rather than make research they are quick to type rubbish, itchy fingers. I'm just surprised some olks don't just believes anything in Nigeria again.
Na wa for this "if-i-am-not-making-it-others-cannot-make-it" syndrome. Think Big folks. Nothing is impossible!
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FREAKAZOID
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Now my "dear" Siena-- Have they answered your questions??? You are definitely an "aje butter" pickin!!! Only kpa-ko-ro-ros will know about yahoo dudes and babes!!! No yahoo babe shall cross your part in The Almighty's name---handsome one! You have "yahooism" in all aspects of life!!! Economic, religious, academic, romantic, spiritual, social and political "yahooism"!!! 4-1-9!!!!! In just 3 simple letters!!!! Beware!!!! !-----------always with you in spirit, watching over you! |
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nextday
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Hello Layi and House,
Good evening to you and all members of the house.I have been following posting and comment regarding to the forex and scam stuff for some time now.I commend every respose from all member,but there is one thing we all need to have in mind ,which is the spsirit to interract and relate maturely.The use of wrong and abusive language should not be encourage.I guess the primary function of this site is for us to EDUCATE ourself.Let not be personal in our response.Also,I wil like to bring to our notice that our site is been visit by Non-nigerians and we all need to 'comport' ourself in a very good manner and if the need to argue araise it should be a constructive arguement.Before I hang on,i will thanks for taking time to read through my long advice.H O You S E stay cool!!!!!
Tunde.
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layi (m)
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Thanks Tunde. Noted |
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kitaun (m)
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duh H O You S E  @Layi is there really any need trying to make them see beyond their nose  HE WHO HAS EARS, LET HIM LISTEN . . . the message is clear, SHUN YAHOO YAHOO AND You WILL LIVE LONG  Forex trading is one of the most lucrative businesses ever, and rightly so u can lose a lot of money when u first start out, but then why should anyone say it is out of place to use his testimonial to motivate others? ABI THIS THING PASS CYBER?  @tUNDEWOODS what exactly is your point? do u want to tell me that u have never gone offtopic in all threads u have posted in? ARE You NOW NAIRALAND'S JANITOR  is there any bizness anywhere in the world that doesnt get to be infiltrated into by conmen? |
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FLT123 (m)
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Layi,
The forex you're referring to is another level of MLM whose roots is in the Cayman island. It is supposedly based on real gold in vault somewhere no one knows. The challenge with this form of investment is that it is not based on standard value derivation principles. They tell you to invest, your fund appreciates, u buy some types of gold called digots, they have once a day batch run process that is supposed to take the value of the real gold and split it among the cash out there. This form of investment is enjoying some run right now because the price of real gold is going up. So people are being fooled into putting funds into it. This is not real forex and and should not be confused with legitimate forex trading.
It is cool to see appreciation in your investment on the computer but try and get that hard earned cash in paper form. Try and pull out your .5 million and you will come across certain restrictions, u can only take out a certain max in a month. Like I said, this is a form of MLM and the folks to get in first make the cash and God help all those who come after or enter when the mkt is about to tank. The trick is no one knows when the mkt will turn and I will say get your cash out NOW if you can.
I think folks have explained what yahoo yahoo means at length and there is no need for me to flog the issue.
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Bigjay (m)
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Layi,
It is cool to see appreciation in your investment on the computer but try and get that hard earned cash in paper form. Try and pull out your .5 million and you will come across certain restrictions, u can only take out a certain max in a month. Like I said, this is a form of MLM and the folks to get in first make the cash and God help all those who come after or enter when the mkt is about to tank. The trick is no one knows when the mkt will turn and I will say get your cash out NOW if you can.
@FLT123 Thanks a bunch for that helpful insight. A word is enough for the wise,Lets see how wise these ones are.Only time will tell |
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layi (m)
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Layi,
The forex you're referring to is another level of MLM whose roots is in the Cayman island. It is supposedly based on real gold in vault somewhere no one knows. The challenge with this form of investment is that it is not based on standard value derivation principles. They tell you to invest, your fund appreciates, u buy some types of gold called digots, they have once a day batch run process that is supposed to take the value of the real gold and split it among the cash out there. This form of investment is enjoying some run right now because the price of real gold is going up. So people are being fooled into putting funds into it. This is not real forex and and should not be confused with legitimate forex trading.
It is cool to see appreciation in your investment on the computer but try and get that hard earned cash in paper form. Try and pull out your .5 million and you will come across certain restrictions, u can only take out a certain max in a month. Like I said, this is a form of MLM and the folks to get in first make the cash and God help all those who come after or enter when the mkt is about to tank. The trick is no one knows when the mkt will turn and I will say get your cash out NOW if you can.
I think folks have explained what yahoo yahoo means at length and there is no need for me to flog the issue.
Egbami, orisirisi na im person dey see for nairaland. Forex trading has got nothing to do wit multilevel marketing or gold. Where u get uir own info? Gawd i can't even reply u, u need a really long tutorial because u got the concept of forex all mixed up. You have been engaged in tyoo much HYIPs, sorry. |
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tundewoods (m)
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@ Forex Fan Club
I guess i agree with you folks,Its not a crime to deviate and change a topic thread.After all its for the benefit of all the viewers and contributors of this thread.
So i'm now in full support of the change of topic thread from Who is a Yahoo Yahoo boy to "Forex Trading" after all im not the admin. 
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k0be
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simple, a yahoo-yahoo boy is a boy who does yahoo-yahoo aka wuru-wuru.
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tundewoods (m)
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In case you are a rookie or a new comer to the FOREX Explosion,i deem it fit that you get a clear picture about forex and not be carried away by all the sweet talk.
Forex Trading Fraud Warnings
A forex scam is any trading scheme used to defraud individual traders by convincing them that they can expect to profit by trading in the foreign exchange market. These scams might include churning of customer accounts for the purpose of generating commissions, selling software that is supposed to guide the customer to large profits, improperly managed "managed accounts", false advertising, ponzi schemes and outright fraud. It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment.
The US. Commodity Futures Trading Commission (CFTC), which loosely regulates the foreign exchange market in the United States, has noted an increase in the amount of unscrupulous activity in the non-bank foreign exchange industry.
An official of the National Futures Association was quoted as saying, "Retail forex trading has increased dramatically over the past few years. Unfortunately, the amount of forex fraud has also increased dramatically, " Between 2001 and 2006 the US. Commodity Futures Trading Commission has prosecuted more than 80 cases involving the defrauding of more than 23,000 customers who lost $300 million, mostly in managed accounts.
The CFTC lists 9 warning signs for foreign exchange trading fraud:
1. Stay away from opportunities that seem too good to be true
Always remember that there is no such thing as a "free lunch." Be especially cautious if you have acquired a large sum of cash recently and are looking for a safe investment vehicle. In particular, retirees with access to their retirement funds may be attractive targets for fraudulent operators. Getting your money back once it is gone can be difficult or impossible.
2. Avoid any company that predicts or guarantees large profits
Be extremely wary of companies that guarantee profits, or that tout extremely high performance. In many cases, those claims are false.
The following are examples of statements that either are or most likely are fraudulent:
"Whether the market moves up or down, in the currency market you will make a profit."
"Make $1000 per week, every week"
"We are out-performing 90% of domestic investments."
"The main advantage of the forex markets is that there is no bear market."
"We guarantee you will make at least a 30-40% rate of return within two months."
3. Stay Away From Companies That Promise Little or No Financial Risk
Be suspicious of companies that downplay risks or state that written risk disclosure statements are routine formalities imposed by the government.
The currency futures and options markets are volatile and contain substantial risks for unsophisticated customers. The currency futures and options markets are not the place to put any funds that you cannot afford to lose. For example, retirement funds should not be used for currency trading. You can lose most or all of those funds very quickly trading foreign currency futures or options contracts. Therefore, beware of companies that make the following types of statements:
"With a $10,000 deposit, the maximum you can lose is $200 to $250 per day."
"We promise to recover any losses you have."
"Your investment is secure."
4. Don't Trade on Margin Unless You Understand What It Means
Margin trading can make you responsible for losses that greatly exceed the dollar amount you deposited.
Many currency traders ask customers to give them money, which they sometimes refer to as "margin," often sums in the range of $1,000 to $5,000. However, those amounts, which are relatively small in the currency markets, actually control far larger dollar amounts of trading, a fact that often is poorly explained to customers.
Don't trade on margin unless you fully understand what you are doing and are prepared to accept losses that exceed the margin amounts you paid.
5. Question Firms That Claim To Trade in the "Interbank Market"
Be wary of firms that claim that you can or should trade in the "interbank market," or that they will do so on your behalf.
Unregulated, fraudulent currency trading firms often tell retail customers that their funds are traded in the "interbank market," where good prices can be obtained. Firms that trade currencies in the interbank market, however, are most likely to be banks, investment banks and large corporations, since the term "interbank market" refers simply to a loose network of currency transactions negotiated between financial institutions and other large companies.
6. Be Wary of Sending or Transferring Cash on the Internet, By Mail or Otherwise
Be especially alert to the dangers of trading on-line; it is very easy to transfer funds on-line, but often can be impossible to get a refund.
It costs an Internet advertiser just pennies per day to reach a potential audience of millions of persons, and phony currency trading firms have seized upon the Internet as an inexpensive and effective way of reaching a large pool of potential customers.
Many companies offering currency trading on-line are not located within the United States and may not display an address or any other information identifying their nationality on their Web site. Be aware that if you transfer funds to those foreign firms, it may be very difficult or impossible to recover your funds.
7. Currency Scams Often Target Members of Ethnic Minorities
Some currency trading scams target potential customers in ethnic communities, particularly persons in the Russian, Chinese and Indian immigrant communities, through advertisements in ethnic newspapers and television "infomercials."
Sometimes those advertisements offer so-called "job opportunities" for "account executives" to trade foreign currencies. Be aware that "account executives" that are hired might be expected to use their own money for currency trading, as well as to recruit their family and friends to do likewise. What appears to be a promising job opportunity often is another way many of these companies lure customers into parting with their cash.
8. Be Sure You Get the Company's Performance Track Record
Get as much information as possible about the firm's or individual's performance record on behalf of other clients. You should be aware, however, that It may be difficult or impossible to do so, or to verify the information you receive. While firms and individuals are not required to provide this information, you should be wary of any person who is not willing to do so or who provides you with incomplete information. However, keep in mind, even if you do receive a glossy brochure or sophisticated-looking charts, that the information they contain might be false.
9. Don't Deal With Anyone Who Won't Give You Their Background
Plan to do a lot of checking of any information you receive to be sure that the company is and does exactly what it says.
Get the background of the persons running or promoting the company, if possible. Do not rely solely on oral statements or promises from the firm's employees. Ask for all information in written form.
If you cannot satisfy yourself that the persons with whom you are dealing are completely legitimate and above-board, the wisest course of action is to avoid trading foreign currencies through those companies.
Source : http://www.forextradingfraud.com/forex-trading-fraud-warning.html
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layi (m)
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Thanks for the warnings. There is no sacred industry in the world. Whatever the type of business, there will be infilterators. I know for sure that forex trading could lead to financial eldorado. The world second richest man Warren Buffet actuall chose forex against real estate. http://www.security-express.com/archives/openbsd/2005-06/1169.html |
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Syber
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Hey layi,
hw re u bro?its been quite a while,there nairaland members,i want you to know that if there is anyone whose advise on investment is concerned its definitely MR LAYI,
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Syber
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layi please can u send me details concerning most of your profitable investments,and hw i can start of with 400k now.my email addy is hafiz852002@yahoo.com will be expecting your reply.please don't mind the haters out there.big ups bro. |
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aloib (f)
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Tunde, mr itk, 1st of all, the thread starter sef na correct mugu, not knowing about yahoo yahoo doesnt mean u shuld open a whole thread anbd expect the whole of nairaland not disgress, since someone has explained, then the point has been made clear and disgressing doesnt do no harm, if it were a topic bout u giving your inputs, ehen we can slain any fool who changes the point of discussion, sha i'm just saying, why get so personal about it, kai
layi, warrup jare, long time no saw, wa fi ola han me now
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aloib (f)
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mehn, english aint my 1st language neither is it my 2nd, so excuse my wrong spellings and grammar
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layi (m)
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@aloib Long time my sweet sister. I expect rubbish like this from d ITKs. No be their fault. Na d anonymousity of the internet dey give them guts to yarn opats, think say them don oversabi. Person just join come dey teach me forum rules. Aye ti baje, lol On a lighter mood, i know say 'ola ti kari gbogbo wa na', except u wan lie. You wey dey fresh everytime. Shey u don dey speak filipino well sha, aloib kiros ini kaze ba talti ina kawakuze? No mind me, mo kan n ki e ni o jare. @syber. Wit 400k, i wouldnt advise u go into forex now because domiciliary acct operating and some tradin charges might eat into your returns. #400k na just $3k. You can invest it only if u wish to leave d returns for months to compound. I can advise you invest part into the getaway club using the synergy power of teams(e.g DS community). You are 99% guaranteed to cycle out (payout of N1.5M) wit little or no work in less than 2 months. You invest less that 30k on that. i'm expecting some millions from that next month. I have more than 10 slots in that. Those who place themselves in growing teams early enough can sleep happy. You can also invest in aqua palace, a very big fish farm. You invest 30K for 50k in 6 weeks. I am sure of this and i earn a lot from d program. They have bigger investment plans though but i always advise u start small and reinvest wit your discretion. the only hyip i can invest in is www.relaxbusiness.biz . I have been paid 12 times now and d % cool. I normally don't advise hyip investments but i guess u can risk a little. My investment strategy involves synergizing 'Risk taking' & 'diversification'. Dont put all your investments in 1 basket. Look for closely related investment vehicles in terms of returns and with stable companies. I've never failed. Sincerely speaking i no really get much in bank. Everythin i hv is tied in assets and investments. That way i can beat inflation. I hate banks. I've vowed never to work for anyone and i'm already employing folks even though i'm just graduating next March. Yeah someone say i'm bowing my sax this time. askor  |
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aloib (f)
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lol, abi o, omo werin be that giberish wey u just yan, olodo
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layi (m)
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Aloib, u dey ibadan now? I no yarn gibberish. I yarned filipino |
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aloib (f)
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lol, yes o, i wish, lol, i just put5 it because of some stalkerazzis
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dachamp (m)
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@ layi Please i hands off totally from this. I eat all my words o. Please forex is not lucrative again o, abeg. Dont bother emailing me because my image is more important than all this rubbish insinuations born out of halfbaked research from 'puffed egos'. To all the sensible Nairaland Users. I'm sorry for the strong language. Just a bit infuriated. Others like the famous Mr Ibidapo lawal of www.forexexposed.com earns 5 figures (in dollars) from Forex. Its no big deal. Keep doing what you've been doing and you'll remain where you've always been. Knowledge is power. I'm out~ You shouldn't get angry few replies that ain't worth reply! Topic Yahoo Yahoo-Boys/Girls (are scammers) |
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Purist (m)
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@ FLT123Where on earth did you get that gibberish from? You obviously do not have any clue on how FX operates! Just incase. . FOREX = FOReign EXchange. |
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Purist (m)
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@ layi, O'boy, you don go far o. I thought you were vehemently against HYIPs. . "100% of them are scams", remember? Oh, and I never knew you're also into Getaway. 10 slots? By the way, Warren Buffet is now the world's 3rd richest man. |
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layi (m)
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@ layi, O'boy, you don go far o. I thought you were vehemently against HYIPs. . "100% of them are scams", remember? Oh, and I never knew you're also into Getaway. 10 slots? Yes 100% hyips are scams , they'll close down sooner or later. I invested in relaxbusiness because the admin is on a forum i belong to www.talkgold.com/forum . I once chatted wit him and he confided in me that when they reach half a billion dollars they'll stop paying and close down. They have 60Million now. I always chat wit him to know when they'll close down so i can withdraw my investments. I'm monitoring them . he'll tell me when they'll close because i chat wit him like i'm d admin of another hyip. I'm a smarto. Its actually a company and not just a 1-man show. Relabusiness is big. By the way, Warren Buffet is now the world's 3rd richest man. oh yeah. Thanks for the info. |
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layi (m)
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Lol. Sure. Na why i fit invest in am. Else no way o.
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odd
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layi wats up? am interested in doing some investments, and i want to seek your advise. post your number, email me ( odunayoo@hotmail.com), or call me 08058549131. hola back. |
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diva_naija
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A Yahoo Yahoo boy,is a Yahoozer, doing Yahoo business known as Yahoozin on d Yahoo site in a yahoozzzyyyy styleeeeeeeeeeeee. SMARTER THAN AVERAGE IN A DISHONEST WAY!. |
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mashaun
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@ LAYI.
you have to be patientt in this kind of environment.a su can see some people have bn syaing good about you,we have epolple of diffenerent calibre here,these people mughjt be recent members like me,they are trying to expopse the atctics of the so-called "the boiz" to the novice.so don't mind them
NOBODY IS AT FAULT.chillllllllllllll
this does nt mean if you haveanpportunity you should not share it with your people again,remember whoever make it from your advice will necer forget you.
make it a better place to live.
back to thge story[size=11][/size][font=Lucida Sans Unicode][/font][b][/b]
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