Yes first time in my life I got bamboozled out of that much $$. WHat got me is he really helped me run Envy profitably last year. So I really believed in his abilities. Some people say he had no track record, but for me the track record was my own Envy account he helped me with and which was very profitable. Anyway, lesson learned...
Yes I'm VERY aware of that! I have to keep myself from thinking "what if" he had used Envy which he was used to instead of trying a new EA. Let's hope he at least learned the lesson not to test something new out on a couple million real dollars. Sad thing is we recommended MBC to him but we thought he would understand it as well as he did Envy. Anyway, the past is the past...on with the future! I'm thinking of dusting off my Envy license and firing it up again on a small cent account. See if I can double or triple it this year. I am curious if last year's tricks still work well....especially with Syria war news coming.I'm thinking of running it only on ranging crosses: USDCAD, EURGBP, and AUDNZD. What do you think? Or you still recommend to run on all pairs including JPY and just monitor news weekly?
"Albedo Ventures Ltd apologises for and is very sorry for the current losses you have experienced.Many events have occurred to bring your account to the current state. While not all have occurred as a result of our actions, we do recognize it was our responsibility to handle what ever happened and to keep your investment safe and secure.We believed we had majority investor support for the trading plans we shared about 2 weeks. As it turned out that was not the case. When we realised we had lost investor support, we made arrangements with FxPig to allow others to own and trade the 1m and HG pamms.The trading plans we shared with you are still believed to be the best pathway to recover your Equity to equal Deposits.While we now have very much reduced funds to start this process, we still intend to finish what we stated, which was to recover your lost Deposits.Albedo will continue to develop the AM2 MBC based set file as well as the Trend Change automatic trading system.In approx 4 weeks, we plan open a Live account based on what we believe are the best currently available trading system.Thereafter every month, 50% of the past months trading profit will be directly paid back to all 1m and HG pamm investors as per each investors total % share of the 2 pamms until all the lost funds have been 100% paid back..FxPig have been asked to provide the information we need to make this happen, especially each of your Deposits, Withdrawals and final Equity at the date the 2 pamms were handed over.When this information is received.we will send you a more detailed email.Albedo Ventures LtdGreg WatsonManaging Director"
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