Maybe he is getting tired, or just running out of good troll ideas.
Haha ilovepizza your powers of deduction are strong! I am enjoying all of Aaron’s BS stories, he’s obviously got nothing else to do… Maybe once he succeeds at tricking the babypips community he will succeed at forex…
I don’t get it…
He made millions by just the rollover rates??? 
If he wanted to earn from interest, wouldn’t it have been better to just invest it in a fixed deposit?
Which experienced trader shows off his Rolex and says that he’s bought property, and then destroyed his statements??? If he wants to know if it’s legal, he’d better get in touch with some lawyers.
LOL…Guys he has caused the fuss he wanted now lets get over it…
LoL i think 90% of the “treaders” out here should work as a detective…
Sounds like the retail carry trade that Rob Booker described in his book “Adventures of a Currency Trader”. For those interested, check out the later part of the book as well as Appendix A. It’s a great read too, by the way, enjoyed his teaching via storytelling approach.
Whether all of this is true or just a myth, I’ll leave it to the more experienced traders within our midst to advise.
The difference is in the amount of leverage available in FX trading. Imagine earning interest 50 / 100x (or even more!) that from a fixed deposit.
Forgive my ignorance, but I still don’t get it.
He clearly says he hedged the same pair but across two brokers, earning on the interest on the long trade and shorting it with a broker that does not charge interest. It has to be with brokers offering the same leverage or spread.
[QUOTE=“JiggyK;484552”]
Forgive my ignorance, but I still don’t get it.
He clearly says he hedged the same pair but across two brokers, earning on the interest on the long trade and shorting it with a broker that does not charge interest. It has to be with brokers offering the same leverage or spread.[/QUOTE]
Spread wouldn’t be an issue… And he would just have to use the lowest leverage of the two brokers… If one offered 100:1 and the other 400:1… He would just have to use 100:1 on both
Negating the fact that the OP (character) is not real, the theory is that you buy a positive interest earning currency and short it at the same time with a broker that doesn’t charge or pay interest. Effectively hedging both trades whilst earning positive interest on the first trade.
Exactly my point.
Why would anyone do all this just to earn interest?
[QUOTE=“JiggyK;484562”]
Exactly my point.
Why would anyone do all this just to earn interest?[/QUOTE]
Because you are able to earn interest on a principle amount one hundred times greater then what you actually have…
It would be like your bank loaning you free money so you can deposit it into another banks savings account that gives you 7% interest.
“Oh you only have $1,000? Take this free $100,000 and go earn interest off it…”
Exactly… we earn interest on lot sizes not on the margin capital invested in our trading accounts.
Example: 1 standard lot = $100,000.00
When you have so much money, I think you should use it for a good course. Give them away to charity organization or start one if you feel your money is too much. Or just tell me to send you my account number so that I can share some of your too-much money. What do you think?
Good morning everyone. It’s nighttime here but I sleep all day and pull my pud all night. That’s how I roll.
Anyway this thread is a good illustration of how religions probably got started. First you have 1 lunatic who comes up with a completely ridiculous coment, in this case the pizza guy claiming I’m someone I’m not, then you have the sheeple masses who accept it without question, then they tell their kids who tell their kids and eventually 80% of the world now believes in imaginary men in the sky.
The mods can check my IP, I’m probably not even in the same country as the people you claim I am. This is my first time in a forex forum in 5 years. I used to be a member at moneytec way back but looks like this is the new “it forum”.
The reason I’m hesitant to post my whole stack of fixed deposit certificates (I have like 100) is because most of them will give away too much identifying information unless I black out 80% of the pages.
Just because I’m one of the few who could do what the masses cannot, doesn’t make me “fake”. But believe whatever you sheeple want to believe.
In any event, it was a good day when the bank agreed to pay me 9% on my fixed deposit? Of course the sheeple will get 1% or less while the bank makes 12% or more on their money. :18:
[QUOTE=“retiredfxtrader;484578”]<img src=“301 Moved Permanently”/>
Good morning everyone. It’s nighttime here but I sleep all day and pull my pud all night. That’s how I roll.
Anyway this thread is a good illustration of how religions probably got started. First you have 1 lunatic who comes up with a completely ridiculous coment, in this case the pizza guy claiming I’m someone I’m not, then you have the sheeple masses who accept it without question, then they tell their kids who tell their kids and eventually 80% of the world now believes in imaginary men in the sky.
The mods can check my IP, I’m probably not even in the same country as the people you claim I am. This is my first time in a forex forum in 5 years. I used to be a member at moneytec way back but looks like this is the new “it forum”.
The reason I’m hesitant to post my whole stack of fixed deposit certificates (I have like 100) is because most of them will give away too much identifying information unless I black out 80% of the pages.
Just because I’m one of the few who could do what the masses cannot, doesn’t make me “fake”. But believe whatever you sheeple want to believe.
In any event, it was a good day when the bank agreed to pay me 9% on my fixed deposit? Of course the sheeple will get 1% or less while the bank makes 12% or more on their money. :18:[/QUOTE]
Again… Show the Rolex with right hand pinky pointing at insignia… You can’t because you are just pulling images off google lol.
Also an explanation of how you opened a trading account at the tender age of sixteen would be cool too…
I don’t take my orders from you. Now I will intentionally not do anything you request or answer any of your questions.
Anyway sometimes players like me get valuations on our expensive properties. 
Sheeple don’t even own property for the most part, forget getting valuations.
[QUOTE=“retiredfxtrader;484588”]
<img src=“301 Moved Permanently”/>
I don’t take my orders from you. Now I will intentionally not do anything you request or answer any of your questions.
Anyway sometimes players like me get valuations on our expensive properties. 
Sheeple don’t even own property for the most part, forget getting valuations.[/QUOTE]
Lol so you acquiesced to the request to show a picture of the Rolex… But now refuse because you can’t show one with specific conditions, because you pulled the first off google.
[QUOTE=“retiredfxtrader;484588”]
Now I will intentionally not do anything you request.[/QUOTE]
Oh really…
Please sir… Continue posting random pictures of paperwork that supposedly proves something… Consider that a request.