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Investment › Re: Guys, Pls How Legit Is This. by Fxmanager(m): 5:41am On May 01, 2020

ozueozue:
MBA capital investment and trading, someone introduced me to this MBA capital investment I don't know how legit it is.

Thanks.

Go through the link below making any investment in this forum.

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting

Investment › Re: MBA Investors Forum by Fxmanager(m): 2:56pm On Apr 29, 2020

KayMan05:
FYI MBA trading and Capital investment limited is being monitored by the Presidency which is a green flag for me:
https://www.today.ng/business/finance/presidency-moves-strengthen-fiscal-discipline-aso-rock-244280

A newspaper article whose false information has already been exposed, to the point where MBA forex had to remove the false information about their government regulatory status from their website. The Presidency monitoring MBA grin

Is the Presidency that jobless to do that, when the SEC is there? When you are scammed, you will get your money from the Presidency, don't worry.
Have you heard the phrase "obsolete at graduation", it means to study and get a degree that will be worthless at your graduation, because of the fast pace of development in the world. If you had graduated long time ago, you need to update yourself.

Are you trying to mean that if a Presidential appointee was appointed with an obsolete degree and he couldn't think of updating his education to synchronized with the current development in the world had been deceived and brainwashed as a result of his gullibility and naivety to grace an occasion, set up by MBA forex, you will just blindly take that as an endorsement and then invest your life savings, without doing your your background checks? We pity you.

Investment › Re: MBA Investors Forum by Fxmanager(m): 1:38pm On Apr 29, 2020

ifeanyija:
u go talk tire, i pity ur wife.

Investment › Re: MBA Investors Forum by Fxmanager(m): 12:55pm On Apr 29, 2020

Akpaamunsi:
You will soon get into trouble for defamation. MBA is no small fish that you can continuously defame and go free.

Do you know the meaning of defamation? Let us not go there. Can we talk about a scam/ponzi scheme that paid newspaper editors to publish false information about their government regulatory status and it's activities? They even post the same false information on their website, which they later took down after being exposed.

Can we talk about the illegality of MBA running a scam/ponzi scheme and using new investors deposits to pay old investors as interest?

Can we talk about the illegality of receiving investors deposits as an unlicensed and unregulated financial firm?

Can we talk about the issue of MBA forex not naming the forex broker being use by them, the government regulatory status of the broker and providing an independent/third party audited and verified trading performance track record to its investors to prove that they are actually trading investors funds?

Where do they get the integrity and legitimacy? Where do they get the legality/right to talk about defamation?

1 Like

Investment › Re: MBA Investors Forum by Fxmanager(m): 12:19pm On Apr 29, 2020

Akpaamunsi:
You will soon get into trouble for defamation. MBA is no small fish that you can continuously defame and go free.

Do you know the meaning of defamation? Before we go there, can we talk about the issue of a scam/ponzi paying newspaper editors to publish false information about their government regulatory status, and doing same on its website to deceive investors, before taking it down after being exposed?

Can we talk about the illegality of running a scam/ponzi scheme by using new investors funds to pay old investors?

Can we talk about the illegality of receiving investors deposits as an unlicensed and unregulated financial firm?

Can we talk about the issue of MBA forex that has refused to name the forex broker being use by them to trade, the government regulatory status of the broker and an independent/third party audited and verified trading performance track record?

Did MBA had any proof of legitimacy and legality, before talking about defamation?

1 Like

Investment › Re: MBA Investors Forum by Fxmanager(m): 9:16am On Apr 29, 2020

ogwuche4u:
Go get a life. I once told you to let go of hate and try to convince people to key into your business but you didn't take the advice. With this bitterness in your heart, nobody will want to do business with you.

You should learn to differentiate between someone being bitter and someone asking questions that matters to investors, especially when investors are making payments into an investment company account that is not regulated by the government. Can you provide the answers to the questions about why MBA's twitter page is suspended and why answers to the reason for the suspension and regulations of MBA's activities is not provided by the owners to investors, even when they are mentioned on twitter?

Our mission as experience online investors is to educate gullible and naive investors in this forum, and nothing can stop that. My friend lost #16millions and his brother in an oil company lost #40millions to a forex ponzi scheme, due to their gullibility and naivety. We can't count the number of investors that has been calling us to invest in us, asking of our investment package, requesting for our account number to pay money into, we are talking about millions here. We let them know that they are opening up themselves to be defrauded by a scammer/scam scheme, and we also made a decision to educate gullible and naive investors of this forum and country, which no one can hinder us. Those payouts does not mean anything, there are simply baits to the promoters of the scheme, and you know it. Many investors are falling for it as we write, taking up loans, selling lands and properties to invest in the scheme, exactly what the promoters of the scheme wanted. Simple questions that an investor need to ask like what is our money used for, and can they prove beyond reasonable doubt? An investor can't ask.

Some investors in the scheme have decided to wickedly lured their gullible and naive neighbours into the scheme, even after knowing that the scheme is a ponzi scheme, so that their gullible neighbour's money was will be use to pay them. Will we hear another waves of stories of people being bathed with acid because they lured others into a scam/ponzi scheme, as we heard in the past? Is it because you have your money in the scheme or have recovered your money from the scheme, you now feel you can run amok luring others into the scheme, so that you can recover your money or make more money from the scheme, after knowing that the scheme is a scam waiting to happen. You said that we are bitter, what can you then say about the above described investors? An investor who knows the truth about an investment scheme as a scam/ponzi scheme, luring others into the scheme. Are they not wicked and heartless, with dead conscience? Be the judge.

1 Like

Investment › Re: MBA Investors Forum by Fxmanager(m): 11:19pm On Apr 28, 2020

Akpaamunsi:
Ask them those same questions on I. G or Facebook and u will be replied.

Now, where is your own social media account?
Show us your identity and full names, only thieves and scammer's r this secretive.

Don't get involved in this, if you are not an MBA employee or the owner. The questions are not directed to you?

Investment › Re: MBA Investors Forum by Fxmanager(m): 10:47pm On Apr 28, 2020

Akpaamunsi:
Where is your own twitter or I. G page? MBA has an active instagram page and Facebook . Show us your identity

That is not the answer to our questions. Check again.

Investment › Re: MBA Investors Forum by Fxmanager(m): 5:27pm On Apr 28, 2020

Fxmanager:
Who mentioned us here? We decided to visit MBA's twitter page today. This was our findings, MBA's twitter page is suspended. Can you tell members of this forum why MBA's twitter page is suspended? Can you tell members of this forums why MBA's CEO is not replying all the tweets that mentioned him and his personal twitter page, requesting for answers to the reasons for the suspension of MBA twitter page and the government regulatory status of MBA?

Investment › Re: MBA Investors Forum by Fxmanager(m): 4:25pm On Apr 28, 2020

ifeanyija:
Why?
Have u seen FXManager's picture?

Who mentioned us here? We decided to visit MBA's twitter page today. This was our findings, MBA's twitter page is suspended. Can you tell members of this forum why MBA's twitter page is suspended? Can you tell members of this forums why MBA's CEO is not replying all the tweets that mentioned him and his personal twitter page, requesting for answers to the reasons for the suspension of MBA twitter page and the government regulatory status of MBA?

Investment › Re: MBA Investors Forum by Fxmanager(m): 1:04pm On Apr 25, 2020

ifeanyija:
I see u are the only genuine one. It's okay

We never said that.

Investment › Re: MBA Investors Forum by Fxmanager(m): 10:37am On Apr 25, 2020

ifeanyija:
sorry oh let me ask you, can u show me any genuine forex manager like your company in Nigeria? Tell me companies that are doing well like urs. I knw u can't mention any cos u feel urs is only real other are scam.

We don't need to name any genuine forex company like our company in Nigeria, all we can do is to educate you and other investors on what to look out for, before deciding to risk their money with any trader/fund manager, out there.

Below is a screenshot that we sent to hotforex as broker, since 2012, about the need to set up a capital protection feature, so that investors will use it to protect a percentage of their funds, in case the forex trader/fund manager trades and the investor's equity drops beyond the investor's unacceptable levels. It was not the first time that we had been working with brokers in the interest of investors, in other to reduce the risk of an investor losing his/her funds unnecessarily, when investing with a trader/fund manager. The rescue level feature that you see today in hotforex was implemented a long time ago, as a result of our mails and communications/chats with hotforex on that, by then.

Investment › Re: MBA Investors Forum by Fxmanager(m): 9:56pm On Apr 24, 2020

Fxmanager:
With due respect, may be we don't know the difference between highlighting the flaws of competitors and educating investors. But we still believe it is more of educating investors, than highlighting the flaws of competitors. We just don't get up and demand that a trader/fund manager provides an independent third party track record from www.fxstat.com, www.fxblue.com or www.myfxbook.com, there is a reason for that.

Take a look at the screen shot below, from a PAMM manager in a forex broker. Highlighted in yellow is where the broker is honest enough to issue a warning that performance statistics are based on closed positions (confirming what we said before in this forum about a broker showing statistics of closed positions only), and still points the investors to check the few open position status/statistics of the fund manager which is the Floating Equity and Floating P/L.

The historical Floating Equity drawdown statistics is still lacking here, and should have been recorded during daily pamm account rollover, and is the key statistics the investors would have known the risk he is taking, and used that to form the basis for its capital protection, assuming the broker provides a capital protection feature for investors, the reason a fund manager should provide an independent/third party track record from www.fxstart.com, www.fxblue.com or www.myfxbook.com for its investors.

The current equity there shows a floating equity of $22,710.62, which is 38.59% of the fund managers balance of $58,846.92. Assuming all trading positions are closed now, the investor will lose 61.4% of his/her funds. Most brokers don,t show you the floating equity.

The current Floating P/L (Profit/Loss) here shows a Floating P/L of -$36,136.3, which is 61.4% of the fund managers balance of $58,846.92. assuming all trading positions are closed now, the investor will lose 61.4% of his/her funds. Most brokers don,t show the Floating P/L (Profit/Loss).

The investor would have seen maximum drawdown of 10.54%, and use that to judge his risk with the trader, ignorant of the 38.59% floating Equity and the 61.4 Floating loss, representing 61.4% drop in the fund manager's balance.

An investor would have been deceived by the smooth equity curve, which is as a result of close trading positions only, ignorant of the floating equity drawdown involved.

Even though the broker here has shown the current floating equity and the current Floating P/L (Profit/Loss), the key statistics the investors would have used to know the risk he is taking, and used that to form the basis for its capital protection, assuming the broker provides a capital protection feature for investors is the historical Floating Equity drawdown statistics,which still lacking in this broker. A trader/fund manager would have been in a Floating Equity drawdown of -61.4% of the account, and trade the account and recover it to profitability, erasing the huge drawdown in the PAMM account, and the investors decides to invest, ignorant of the risk involved.

We are not trying to run down a competitor here, but there is a need to be open and transparent to your investors about all, we mean all the risk involved in investing in your fund management service or your trading strategy and the risk that you are taking in these trading strategy/account.

Every trader out there knows that dangerous trading strategies like martingale, grid, averaging, hedging, etc, always come with a good smooth equity curve and good closed trading statistics, but later on followed with poor floating positions, not known to the investor, which gets worse until the whole trading account is wiped out one day.

We might be traders, but we first approach things, first, from the angle of the investor, in the interest of the investors, before approaching things as traders. We first protect the interest of the investors in the way we do things. we wanted to list out the things that you need in a broker in other to provide the needed security for your investors funds, people will accuse us of running down a competitor, they fail to realize that it is a huge responsibility to you as a trader/fund manager, when an investor decides to trust you and decides to risk his/her funds with you. Investors should not only be able to trust you alone, they should be able to trust your broker, your trading strategies, your government's regulatory bodies, your broker's third party fund administrator/investor's fund custodian, which should also be licensed by the government of it's jurisdiction.

@agarawu23, You said that we make baseless argument. Please go through this.

Assuming the broker used by the PAMM manager below did hide the current floating equity and the Floating P/L (Profit/Loss), an investor would have only seen the smooth equity curve and the Maximum Drawdown of 10.54, and then move to invest blindly with the fund manger, only to lose his funds sooner or later. lets be guided.

Investment › Re: MBA Investors Forum by Fxmanager(m): 9:07pm On Apr 24, 2020

solreb:
Let me frank with you. While investors may consider some of your points with respect to the danger in investing with MBA, a lot of people will assume that you are doing that to get customers for yourself. If you want to market new investors you don't need to start highlighting the flaws of competitors. What you should highlight are your own benefits and selling points and let the investor makes their judgement.

With due respect, may be we don't know the difference between highlighting the flaws of competitors and educating investors. But we still believe it is more of educating investors, than highlighting the flaws of competitors. We just don't get up and demand that a trader/fund manager provides an independent third party track record from www.fxstat.com, www.fxblue.com or www.myfxbook.com, there is a reason for that.

Take a look at the screen shot below, from a PAMM manager in a forex broker. Highlighted in yellow is where the broker is honest enough to issue a warning that performance statistics are based on closed positions (confirming what we said before in this forum about a broker showing statistics of closed positions only), and still points the investors to check the few open position status/statistics of the fund manager which is the Floating Equity and Floating P/L.

The historical Floating Equity drawdown statistics is still lacking here, and should have been recorded during daily pamm account rollover, and is the key statistics the investors would have known the risk he is taking, and used that to form the basis for its capital protection, assuming the broker provides a capital protection feature for investors, the reason a fund manager should provide an independent/third party track record from www.fxstart.com, www.fxblue.com or www.myfxbook.com for its investors.

The current equity there shows a floating equity of $22,710.62, which is 38.59% of the fund managers balance of $58,846.92. Assuming all trading positions are closed now, the investor will lose 61.4% of his/her funds. Most brokers don,t show you the floating equity.

The current Floating P/L (Profit/Loss) here shows a Floating P/L of -$36,136.3, which is 61.4% of the fund managers balance of $58,846.92. assuming all trading positions are closed now, the investor will lose 61.4% of his/her funds. Most brokers don,t show the Floating P/L (Profit/Loss).

The investor would have seen maximum drawdown of 10.54%, and use that to judge his risk with the trader, ignorant of the 38.59% floating Equity and the 61.4 Floating loss, representing 61.4% drop in the fund manager's balance.

An investor would have been deceived by the smooth equity curve, which is as a result of close trading positions only, ignorant of the floating equity drawdown involved.

Even though the broker here has shown the current floating equity and the current Floating P/L (Profit/Loss), the key statistics the investors would have used to know the risk he is taking, and used that to form the basis for its capital protection, assuming the broker provides a capital protection feature for investors is the historical Floating Equity drawdown statistics,which still lacking in this broker. A trader/fund manager would have been in a Floating Equity drawdown of -61.4% of the account, and trade the account and recover it to profitability, erasing the huge drawdown in the PAMM account, and the investors decides to invest, ignorant of the risk involved.

We are not trying to run down a competitor here, but there is a need to be open and transparent to your investors about all, we mean all the risk involved in investing in your fund management service or your trading strategy and the risk that you are taking in these trading strategy/account.

Every trader out there knows that dangerous trading strategies like martingale, grid, averaging, hedging, etc, always come with a good smooth equity curve and good closed trading statistics, but later on followed with poor floating positions, not known to the investor, which gets worse until the whole trading account is wiped out one day.

We might be traders, but we first approach things, first, from the angle of the investor, in the interest of the investors, before approaching things as traders. We first protect the interest of the investors in the way we do things. we wanted to list out the things that you need in a broker in other to provide the needed security for your investors funds, people will accuse us of running down a competitor, they fail to realize that it is a huge responsibility to you as a trader/fund manager, when an investor decides to trust you and decides to risk his/her funds with you. Investors should not only be able to trust you alone, they should be able to trust your broker, your trading strategies, your government's regulatory bodies, your broker's third party fund administrator/investor's fund custodian, which should also be licensed by the government of it's jurisdiction.

@agarawu23, You said that we make baseless argument. Please go through this.

Investment › Re: MBA Investors Forum by Fxmanager(m): 6:15pm On Apr 23, 2020*

ephisi:
Noted! Already ignored him. Let him keep entertaining us

Look at how you are jumping up and down disgracing yourself in a public forum as a forex trader, praising a ponzi scheme and asslicking fellow ponzi investors, in other to win their favour. You are a betrayer of your fellow traders, a true picture of Judas Iscariot, who betrayed Jesus Christ for 30 pieces of silver, a complete sellout. We fear you, and we are ashamed for having someone like you as a trader in our midst. We have come across people like you, offline, and to be honest, it does not end well with them. My brother you need to change, your behavior stinks to high heavens.

Investment › Re: MBA Investors Forum by Fxmanager(m): 5:40pm On Apr 23, 2020*

brightk:
11yrs experience and u nor get office... na wa oo. the person wen de supply u igbo nor de try at all..... make e change dealer or u self change customer..

do u even take time 2 read what u post most times.. honestly i tire 4 u and ur nagging.... Please dont try n raise kids with this attitude of urs

You are talking about kids. We are like magnets to kids. Many people do wonder what is the secret. All you need to know no matter how vulnerable the kids maybe, know that they will one day grow up to know the truth from others one day, how you played them, and how will they see you? will you still earn their respect? Yes. they might still fear you because you are older/powerful than them, but you will certainly lose that respect that comes from being a man of principles and good morals, and years into the future, what you did will still come to hunt you.

Every scam/ponzi scheme out there is also out to take advantage of gullible and naive investors, who are just like vulnerable kids in the block., and the promoters are like those who will go as far as defiling and taking a young child's virginity in exchange for candy. Years later, the child gets to know that in exchange for a candy, her virginity was taken from her. Today MBA as a ponzi scheme is giving you investors in the scheme candy in the form of payouts and tomorrow, their virginities will be taken from them, when investors in the scheme will take out loans to invest in the scheme, sell lands, properties, assets, etc to invest in the scheme, and they shuts down and run away.

Investment › Re: MBA Investors Forum by Fxmanager(m): 4:22pm On Apr 23, 2020

DONTIMTIM:
Guy don't bother yourslf with that guy.... He fights anyone who he sees as a competitor to his business... His Own opinions is the best... His style of biz is the best... If u bring urs he will surely find fault... While he's is perfect.

If I have extra cAsh I will invest wit u n try u out... I already have an account with FXTM.

But u see that FX manager... He is too desperate I cant do biz wit that kind... Someone dat will go great lengths to bring another man's biz... Tufiakwa!

Do you call educating members of this forum on what to look for in a trader or an investment, trying to pull a competitor down? Can you honestly say to members of this forum that you have not learnt from my post? It sums up to what has always been said that people don't appreciate free things. If you were to pay a financial consultant for all the information you are getting from my post, do you know how much you would have paid? Maybe, we are the one being stupid here for sharing our over 11years experience in this field for free. Please, we apologized for being stupid. We will reserve whatever education and enlightenment that we have in this field for our potential investors.

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