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 TriumphFX - TFXI

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MUM
post Sep 5 2022, 11:09 AM

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QUOTE(ApekMiddleAge @ Sep 5 2022, 10:05 AM)
its MUM's SOP, he will ask then twist n turn and manipulate of answers/opinions to tembak balik, u can see from all his previous post, hate it especially the one he/she kept harping on "money can afford to lose" y not keep it to grow and since consistent %,y not dump all in...........ROBOT la this MUM.
*
bcos it is simple logic of mine,....promoting "money can be afford to lose,...yet "CHICKENed" out later to withdraw it out....with excuse like "protecting' the capital.
If really think about want to protect the capital....don't TALK about money can afford to lose in the first place lah.

Simple logic of mine.....maybe perhaps too "HARD" for some people to comprehend

Simple logic had to be ROBOTICally told again this time

This post has been edited by MUM: Sep 5 2022, 11:54 AM
MUM
post Sep 5 2022, 11:38 AM

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QUOTE(BC3232 @ Sep 5 2022, 10:25 AM)
I PMed Finance Minster FB, not sure if his admin got time to check or not. Happy now?

user posted image
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thumbup.gif Good Action. notworthy.gif
while waiting for further updates from you on their reply....

There are already Notice issued by BNM
like this
Beware of Illegal Foreign Currency Trading Schemes
https://www.bnm.gov.my/-/beware-of-illegal-...trading-schemes
i am really curious of the real definition of the word "ABET" in the eyes of that ACT

education material from BNM
it has What are the characteristics?, How it's done?, How to Protect Yourself?, How to Report?

Illegal Foreign Exchange Trading Scheme
https://www.bnm.gov.my/web/financial-fraud-...-trading-scheme

inside that education material has this too:
"Investors can either trade using their trading accounts with the company or through dealers appointed by the company.
In some cases, investors are allowed to operate their accounts via the Internet".


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MUM
post Sep 5 2022, 12:53 PM

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QUOTE(ApekMiddleAge @ Sep 5 2022, 12:25 PM)
u must really be a robot without feelings, can afford to lose doesnt mean one want to lose it, no one want to lose money. inch has elaborated on capital retention but u refuse to feel it robot. whatever investment, if it is still inside the system especially if we r talking about shares/crypto/forex, its only gain on paper/in system, it will only be real gain once its inside our pocket/bank account as real cash.

probably u wont understand because u are void of feelings, just an AI logic brain.
*
know the different between
an investment that can belly up over night without notice and there is no recourse of law in malaysia to get it back if it burst.

money game, shares in Bursa, forex trading thru regulated entities in malaysia or crypto investment through regulated entities in malaysia ....
there is a logical different for where to place money can afford to lose in

well, i guess it is decision that based on too much human feeling that can probably got them scammed too....feeling like, what those anti mention is NOT true, feeling like this time this money game is not like others, feeling like, they are always like that so pessimistic and discouraging etc etc.

btw, the "capital retention" seem like just another nice word for "CHICKENed" out later to withdraw it out....with the excuse like "protecting' the capital".

This post has been edited by MUM: Sep 5 2022, 01:26 PM
MUM
post Sep 6 2022, 12:24 PM

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just a little statistic...just for fun

"The 2019 report found that 0.2% or 43,646 adults living in Malaysia were placed in the over US$1 million wealth band,
while the majo-rity of the adult population (96.1% or 20.97 million people) were categorised as having wealth at or below US$100,000.

This comprised 42.7% of adult Malaysians with wealth between US$10,000 and US$100,000, and 53.4% with wealth under US$10,000.

The remainder 3.7% was placed in the US$100,000 to US$1 million wealth band.

The report noted that there were a total of 21.82 million adults living in Malaysia in 2019, with mean wealth per adult at US$31,270 and median wealth per adult at US$8,940."

if those that wished to get about USD 800 (X 4.4 = MYR 3500) every 5 weeks @ 8% ROI...
it needed to have USD 10k to start and
if this USD 10k is just 10% of their wealth of USD 100k and to them, that this USD10k money is the money that can afford to lose (even if it went "missing" overnight also ok)
then they already have wealth way way almost at the top % of the general population of adults. thumbup.gif notworthy.gif notworthy.gif

even if those that can afford to lose USD 1k, (even if it went "missing" overnight also OK) ... thumbsup.gif
and if this USD 1k is just 10% of their wealth of USD 10k, then they are already had wealth of more than 53% of the general population of adults thumbup.gif notworthy.gif notworthy.gif

sweat.gif sweat.gif to be honest, i would be too "chicken" to have 10% of my wealth to be put as "can afford to lose" by putting it in places that have high possibly of be scammed or went missing overnight and have no recourse of law in malaysia to try to get it back.

https://themalaysianreserve.com/2019/10/22/...wealth-bracket/

This post has been edited by MUM: Sep 6 2022, 01:16 PM
MUM
post Sep 6 2022, 06:35 PM

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QUOTE(cliveseow @ Sep 6 2022, 06:16 PM)
http://www.triumphifx.com/News_view/?12.html

Rajesh Trader is the selected winning trader to serve China investor since 2014 according to above article. This article was released in Feb 2020, why your so called Regulated company doesn't complaint Rajesh using your Brand for trading at that point in time?  rclxms.gif  rclxms.gif  rclxms.gif
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sweat.gif hope they won't repeat the same action or apply the same reason on their current trader "Yuri" anytime soon. sweat.gif sweat.gif

MUM
post Sep 6 2022, 09:35 PM

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QUOTE(eyerule @ Sep 6 2022, 08:40 PM)
guys. wikifx malaysian company or what?

wikifx signboard
check the street view
*
thumbsup.gif i liked the BANK name used too. biggrin.gif

that "bank" name should have .org after that name.
could maybe that WIKIFX have xxx after that name too?? hmm.gif


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MUM
post Sep 6 2022, 10:41 PM

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QUOTE(trailblazers_song @ Sep 6 2022, 10:31 PM)
Wah pple like quite easy to scam . So lazy to even do a bit more research l if u have done some research sure will notice that that it is a scammer site. It’s triumphfx.com , tfxi.com NOT Triumphifx.com .. what is the i doing there … to scam u 🤣🤣🤣

Some will also claim triumphfx Malaysia telegram is from tfxi . In case the blame game starts again , tfxi do not have official telegram in Malaysia . So don’t be a blur cat & join triumphfx Malaysia telegram . Kena scam then blame
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thumbup.gif so i guess BOBSTONE had joined a (non official) FAKE telegram group too and obtained (non official) fake documents then doh.gif
hmm.gif could an "unofficial" telegram group consisted of genuine people disseminate genuine information? hmm.gif

QUOTE(Mamaliezpucher @ Sep 4 2022, 04:42 AM)
Bobstone.. Are you aware of defamation law in Malaysia? We know now you have breached the privacy of a lot of people... You join a telegram group to spy on Triumphfx investors and hide among us to steal all documents...do you know that you have done lots of UNLAWFUL Acts... ...
.......
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This post has been edited by MUM: Sep 6 2022, 10:47 PM
MUM
post Sep 7 2022, 01:53 AM

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QUOTE(Don Salvatore @ Sep 6 2022, 09:38 PM)
Are you kidding me? Using triumphifx.com article & claim that their article "IS TRUE" when TFXI clearly highlighted triumphifx IS NOT TriumphFX. TriumphiFX is a scam using the name of TriumphFx. Get your first fact right in the first place!

You haters really are a joke. What TFXI says = not true. What other scams using TFXI's name = True & then raise some dumb questions from it.
It seems you clear don't get what I just explained previously.

- Rajesh Trader is REAL & Legit in TFXI since early 2019.
- Rajesh Trader is NOT winning trader serving China since 2014 (The article you obtain above is FAKE. Not even the real TFXI website. This is how you guys do due diligence?)
- Early 2022, a few China Investors of Rajesh Trader in TFXI came out & mimic/copied the same mechanism as Rajesh Trader in TriumphFx. They set up offices & inform their clients/downlines/public to invest with them.
- They claim they are associated & same with TFXI.
- On May 2022, that FAKE Rajesh Trader collapse & scam.
- Public go viral & critic TFXI (Exact same thing happened to Hermes Leong)
- Due to that, TFXI Force Close the real Rajesh Trader & all its network to prevent unnecessary critics from you idiots & proceed to refund approx $1.2Billion USD back to China investors.

Don't give links that are fake & ask questions from it. Get your facts right!
I really don't get you. Or is it I don't get what you get me? I said open an account and see it YOURSELF on how this broker runs. And you're assuming that I asks u to open account & invest. And then you're assuming again that I ask you to open account & "SOMEONE WILL EXPLAIN IT TO YOU". Please quote where did I said that?

Regarding your question, what authorities? TFXI (same as other brokers) are offshore brokers. You expect TFXI to complain to China authorities? The FAKE Rajesh Traders are NOT an entity of TFXI. At best they can do is inform to investors to be alert & not invest in other entity (Which they did already in the past). Don't compare businesses operating procedures with offshore brokers. Clearly you don't know what is offshore broker at all.
Yeah, with one glance its obviously BobStone. Sometimes I really question myself. Is it something I don't understand? Someone please enlighten me. Why are there so much haters of TFXI to the extent of
- Creating multiple LY accounts (even after being blocked by LowYat such like Bobstone)
- Creating own Blog & Website
- Defaming others by publicly exposing their FB data/profile pics etc
- Sending reports to regulators saying its scam without proof (I've seen a group of haters sent reports to CySEC back in 2017. Nothing happened after that)

You guys questioned me why I defend TFXI so much. I guess you should question yourself why you guys are so desperate. Even if I defend TFXI, I don't plan to setup blogs or creating multiple accounts just to do so. I'm not as tryhard as you guys.

Am really curious, you guys being paid? Competitors? TFXI killed your family? Really need answers man. I need to find that inner-inspiration not even religion can do in their worshipping places.
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eventhough this is referenced to your post,...i am not questioning your post (as i cannot verify it) but more to the said scenario happened & actions taken by them

from your post,
Early 2022, a few China Investors of Rajesh Trader in TFXI came out & mimic/copied the same mechanism as Rajesh Trader in TriumphFx. They set up offices & inform their clients/downlines/public to invest with them
They claim they are associated & same with TFXI.
Due to that, TFXI Force Close the real Rajesh Trader & all its network to prevent unnecessary critics from you idiots & proceed to refund approx $1.2Billion USD back to China investors.

hmm.gif did those invested with those (mimic/copied) FAKE Rajesh Trader,...banked money into the real Rajesh Trader from Triumpfx?
if NOT, i was wondering why TFXI Force Close the real Rajesh Trader & all its network to prevent unnecessary critics & proceed to refund approx $1.2Billion USD back to China investors?

i was thinking,... hmm.gif
even if those fakes one can claim to be associated and same with TFXI,...but as long as there is NO money was banked into the real FTXI and those investors was not given access to their account with the real TFXI,...i think, there should not become a big an issue to overcome. (With some and constant public relation/education campaigns with warning about FAKES and the real one and the real contact details published can most probably mitigate that)

Can TFXI still be operated/accessed over internet from China by those Chinese investors there?
If YES, this TFXI can be operated/accessed over the internet,.........then even if TFXI refunded approx $1.2Billion USD back to China investors.....those currently ex-Real TFXI investors (those that got their money refunded and also have experienced sweets) can still go to the net to join or access it back using internet access. (to become uplines/downlines/IB, etc etc once again)

IF they can join back,....then those FAKE TFXI can still make scenario like this "a few China Investors of Rajesh "YURI" Trader in TFXI came out & mimic/copied the same mechanism as Rajesh "YURI" Trader in TriumphFx. They set up offices & inform their clients/downlines/public to invest with them and still they claim they are associated & same with TFXI.

wow, 1.2 billion USD is a big sum considering the amount of "commission earned" (or any money to be earned from using that 1.2billion USD to trade) before giving those investors that 7~8% every 5 weeks.
just hope those "missing" commission (or any money not earned because of no more using that 1.2billion USD to trade) can be recuperated from somewhere else. else,

anyway it is their decision. they knows what is best for them.....mine is just "thinking/puzzling" only

This post has been edited by MUM: Sep 7 2022, 08:52 AM
MUM
post Sep 7 2022, 02:26 AM

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QUOTE(trailblazers_song @ Sep 7 2022, 02:19 AM)

wow, 1.2 billion USD is a big sum considering the amount of commission earned before giving those investors that 7~8% every 5 weeks.
just hope those "missing" commission can be recuperated from somewhere else. else,  “
This comment shows that u don’t knw what ur talking abt !ah.
Which Scammer which some of  u claimed Tfxi is , refund capital  of USD1.2b to their victims ? Use lah common sense . Scammer won’t even refund RM120
& what commission you are talking about when the usd1.2b is about refund of capital . Commissions come from profit of the trades lah .
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read post 937 before TALKING-lah

"Due to that, TFXI Force Close the real Rajesh Trader & all its network to prevent unnecessary critics from you idiots & proceed to refund approx $1.2Billion USD back to China investors."
it is NOT the scammer that do the refund,...it is the REAL one doing the refund.
those scammer/FAKES may still be selling those fake triumpFX products or triumpfx lookalike products in China.

so from what you posted,...."Commissions come from profit of the trades lah ."

how much money was used for each trades?
how many % of profit from each trades?
without that 1.2billion USD for trading,...how much "profit" to be earned from trading, will be missed?

This post has been edited by MUM: Sep 7 2022, 07:24 AM
MUM
post Sep 7 2022, 02:35 AM

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QUOTE(trailblazers_song @ Sep 7 2022, 02:13 AM)
You are merely posting opinions & assumptions & your deductive reasoning is so absurd I find it very laughable . Did u actually read the newsletter posted by Tfxi properly or merely glancing thru without understd the content? Maybe I can highlight it for u. It would help if u can get somebody to explain the meaning to u😀


We have discovered that certain IBs continue to abuse our
Code of Conduct, operating TriumphFX offices in China,
representing us and soliciting funds without the authorization of
TriumphFX.
This has been causing major issues, affecting and jeopardizing
the TriumphFX brand name.
In light of the current banking
issues in China “…..

user posted image
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so after you had read and understood the content of the newsletter posted by Tfx, do you really think TFXI do the refund ONLY because of just "certain IBs continue to abuse our Code of Conduct, operating TriumphFX offices in China, representing us and soliciting funds without the authorization of TriumphFX. This has been causing major issues, affecting and jeopardizing the TriumphFX brand name."...and not because of those FAKES as posted in post 937?

- Early 2022, a few China Investors of Rajesh Trader in TFXI came out & mimic/copied the same mechanism as Rajesh Trader in TriumphFx. They set up offices & inform their clients/downlines/public to invest with them.
- They claim they are associated & same with TFXI.
- On May 2022, that FAKE Rajesh Trader
collapse & scam.
- Public go viral & critic TFXI (Exact same thing happened to Hermes Leong)
- Due to that, TFXI Force Close the real Rajesh Trader & all its network to prevent unnecessary critics from you idiots & proceed to refund approx $1.2Billion USD back to China investors.


you posted "operating TriumphFX offices in China, representing us and soliciting funds without the authorization of TriumphFX."...
if without authorization....how can money be received in the account of the real TFXI? Did money goes into the REAL TFXI?

doh.gif doh.gif now who is NOT laughing? biggrin.gif

This post has been edited by MUM: Sep 7 2022, 09:11 AM
MUM
post Sep 9 2022, 12:28 AM

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QUOTE(trailblazers_song @ Sep 7 2022, 12:24 PM)
Ignorance really knws no limit . U knowing what ur posting ? U don’t knw the meaning of close ? Still asked how much to earn from trading .. adoi 🤣🤣🤣
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Mybe and hopefully you will understand this easier,..

if closed down, then no more beable to earn from trading with that 1.2 billion USD....

example, if you have 2 companies, and both are making money. If you closed 1 company that can make you money,.... will it impact your total earning now that you only have 1 company instead of 2?
How much will you be making LESS since you now only have 1 company instead of 2 that makes money for you?

This post has been edited by MUM: Sep 9 2022, 01:08 AM
MUM
post Sep 9 2022, 12:34 AM

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QUOTE(trailblazers_song @ Sep 7 2022, 12:32 PM)
you posted "operating TriumphFX offices in China, representing us and soliciting funds without the authorization of TriumphFX."...
if without authorization....how can money be received in the account of the real TFXI? Did money goes into the REAL TFXI?

Can u understd how silly is your question ? Scammers  using fake tfxi offices to  scam& then deposit the scammed money into real tfxi.. so bodoh scammers 🤣🤣🤣. Bodoh posters plenty… scammers are pretty smart
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if you are so clever,...hopefully you can explain,..." without the authorization of TriumphFX".



MUM
post Sep 9 2022, 12:52 AM

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QUOTE(Don Salvatore @ Sep 7 2022, 11:48 AM)
Hi @MUM. To answer your question, and that answer is already answered by yourself in previous post. TFXI decided to close down the Fund due to reputational issues. They do not want to jeopardize their name again like what happened to Hermes Leong TFX Global. It is solely their decision. I believe if you have 100 people here, you'll have 100 opinions on how to handle the issue. But again, the final decision is up to the broker. I believe they are willing to lose their trading revenue than to lose their reputation. Any arguments & question may be valid but we are not the broker to decide.   nod.gif  nod.gif
.......
*
i know you did mention that TFXI closed the operation in China ....
but as i question earlier, can investors in China join it back since it can be accessed by internet?
as i noticed that in the forex section of the forums,.. many had mentioned that can access overseas brokers (that has no operation presence in Malaysia) from malaysia. even those that are on the BNM "alert lists"

you mentioned in one of your post,..."If you register yourself in TFXI without any referral code, you can't invest in any Funds. If you register yourself through AMG Capital Referral, you only can invest in AMG Capital & GMC. 2 Funds only."...
is this referral codes given out by the person that reside and joined TFXI in that particular country?
any idea if let's say In Malaysia back to the 1st person that tried to join it......how did he get that referral code? (the first investor from each country)

but if it was TFXI company policy to prohibits account opening from China,...then i think they may had "forgotten" to amend this (per image) to include China.

This post has been edited by MUM: Sep 9 2022, 03:17 AM


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MUM
post Sep 9 2022, 01:30 AM

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QUOTE(trailblazers_song @ Sep 9 2022, 01:16 AM)
Dude . Scammers open triumphfx offices& collect funds without authorization… GET a Std 6 English teacher to explain to u the meaning of “ without authorization “ …..🤣🤣🤣 such silly question
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then can scammers open triumphfx office & collect funds without authorization in Malaysia too? if it can happens in CHina,...can it happens in Malaysia too??
if in Malaysia, Triumphfx can operates without offices, will it be much easier for scammers to do it in Malaysia?

This post has been edited by MUM: Sep 9 2022, 02:00 AM
MUM
post Sep 9 2022, 02:15 AM

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QUOTE(Don Salvatore @ Sep 8 2022, 11:17 AM)
.............
Question 2
- In TFXI, that page you screenshot will always show 60% (Investor), 40% (Fund Manager). This is because like I always repeat, different Fund Managers have different marketing plan. Some FM prefers to take all 40%, but most FM in TFXI gives 30% of the 40% portion to marketers, and balance 10% for the traders to earn. Brokers (TFXI) earns 0% from it.

- Which comes to my point about Rajesh Trader. If Rajesh make a Gross of 11% (EXAMPLE)
11% x 60% (Investor) = 6.6%
11% x 30% (Assuming FM Marketing plan gives 30%) = 3.3%
11% x 10% (Trader makan) = 1.1%

There are also certain FM prefers to split the profit to 60% Investor, 35% Marketing, 5% Trader. So the calculation varies again.
.........

*
was mentioned earlier too "Most Funds generated in TFXI, 60% goes to investor, 30% goes to IB Marketers, 10% goes to Traders."

so that means those that mentioned that they are getting 7~8% (sometimes more) every 5 weeks
in actual facts the fund will have to be making about at least 13% every cycles thumbsup.gif thumbsup.gif
13% X 60% (Investor) = 7.8%

just hope my calculation and my assumption about FM marketing entity are right.
1 billion = 1 000 million
10% of 1 billon = 100 millions
if makes 13% every 5 weeks
1.2billion USD @ 13% = 156 million every 5 weeks

13% x 30% (Assuming FM Marketing plan gives 30%) (and i assumed this FM marketing plan is TFXI entity) = 3.9%
= 156 million x 3.9% = 6 millions every 5 weeks
6 million x 10 cycles per year = 60 millions USD per year less earning bcos they do not want to jeopardize their name again like what happened to Hermes Leong TFX Global.
(IF this FM marketing plan is TFXI entity), then it is really not a big decision for them to make that decision. notworthy.gif

hmm.gif hmm.gif but to come think again,...i think my MATHS if added up correctly, may not be/is NOT be correct liao bangwall.gif mad.gif
especially as when 13% x 30% is only 6 millions
for if investors had inside 1.2 billion USD, they would be expected 7.8% ROI to be XXX millions (but my maths just shows 13% X 60% will only be 12 millions as when 13% X 30% is only 6 millions)

hmm.gif another Question: does it takes ONLY the sum from the CAPITAL (money placed in) into calculation only and not the CAPITAL + accumulated profits that had been added into their accounts every 5 weeks, that are still inside their account into that gross profits calculation? hmm.gif hmm.gif

i think i read previously a forummer posted a theory ,....if the withdrawal is MORE than incoming fund,...then the burst will come soon....
Well, hopefully he is still following this development closely. For now there is an outflow of 1.2 billion USD money., yet unknown of the inflow amount
but judging from some posting mentioning that TFXI web traffic is 70~80% from Malaysia, ....... then i think NOT easy to raise USD 1.2 billions in the next 1~2 years.

This post has been edited by MUM: Sep 9 2022, 10:58 AM
MUM
post Sep 9 2022, 02:47 AM

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QUOTE(lavenderguy @ Sep 8 2022, 09:25 AM)
last time cried fouls on peoples' cursing....(i also condemn)
now follow same footsteps by calling peoples' bodoh.....
aiyoyo...
same pattern.
can't we just discuss matters in a civilized manner? cis!
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yah lah,...same same,...
at first some get very agitated, not happy and defensive after being labelled as defender/supporter/promoter/etc etc
then later they start to gives names/labels to those anti/critic/etc etc and at times added alot of adjective to it too.


MUM
post Sep 9 2022, 09:24 AM

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QUOTE(ApekMiddleAge @ Sep 7 2022, 08:58 PM)
Hi Haters,

1.2B not paid to those kena scammed by the FAKE tfxi in China la, tolong paham k.

1.2B paid to real RAJESH Fund investors in the REAL tfxi in China because Tfxi decided to close the Raj Fund la and PAID is such a wrong word, the correct word is refund investors CAPITAL+PROFIT that was in their Tfxi account during the closure.

Y closed, already explain.

Paham tak?

klu masih tak paham, pegi tengok cermin ya........

Hi Supporters,

Betul no need waste time here la, u see MUM for e.g., full of stars, only keyboard admiral la..........

when i go broke / millonaire, i will come tell u haters ya...........

PEACE.
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(copied from my previous posting) "i was thinking,... hmm.gif hmm.gif
even if those fakes one can claim to be associated and same with TFXI,...but as long as there is NO money was banked into the real FTXI and those investors was not given access to their account with the real TFXI,...i think, there should not become a big an issue to overcome. (With some and constant public relation/education campaigns with warning about FAKES and the real one and the real contact details published can most probably mitigate that)"

probably, can still be earning abt XX million USD more annually if it stayed open.

Me admiral thumbup.gif thinking again,....will banks in malaysia force close its operation in malaysia because of some scammers faking their banks to scam people??

btw, you posted "when i go broke / millonaire, i will come tell u haters ya..........."
May i suggest ...YOU don't do that,....for if you are a millionaires bcos of TFXI, haters will still NOT believe what you had told them. BUT if you tell them you are broke bcos of TFXI,...then haters will tell you "Padan Muka Kau"

This post has been edited by MUM: Sep 9 2022, 09:43 AM
MUM
post Sep 9 2022, 10:54 AM

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QUOTE(Chris_Inch @ Sep 8 2022, 06:08 PM)
Wah... you are still in this 'if you can afford to lose the money now, you can afford to lose it forever'... but I salute the people here that are still willing to educate you on this.. I have given up..

Not judging, but I'm assuming you can't own a business, because you don't take dividend..

On another note, curious to know... have you ever bought and sold stocks before?

P.S. I'm not a supporter of TFXi, just an investor in different sorts of channels..
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a business and a money games are not the same.

when you invest in a money games ,...your money can go missing tomorrow too. thus if you had committed that money and sure that money is money you can afford to lose,...then commit it lah.
unless the money is not really can afford to lose but more to " i think i can afford to lose" for that "i think i can afford to lose" is can be "chickened "out later under an excuse of different terms like Capital retention or capital preservation.

would you invest in a business that you know has the possibility to belly up tomorrow?
a dividend, if they did not gives is also ok,...if they "gives" just take,... and for UT, many had those dividend "reinvested" too.
btw, some does not like dividend as they said taxes will be imposed before you received that dividend.
they prefer not paying those additional tax.

This post has been edited by MUM: Sep 9 2022, 11:05 AM
MUM
post Sep 9 2022, 11:39 AM

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QUOTE(Don Salvatore @ Sep 9 2022, 11:32 AM)
Just for your info, TFXI referral have its own terms. Most funds in TFXI's referral terms do not prohibit other countries from registering.
For example:

Malaysian sends AMG referral to China citizen = Possible
China sends Yuri referral to Malaysian/ other citizen = Possible

TFXI Referral terms works in Master Hierarchy only as I mentioned previously.

AMG (Client A) sends to (Client B) referral link to register Yuri = Not possible
Yuri (Client A) sends to (Client B) referral link to register AMG = Not possible.

This is to prevent Fund Manager competition. Master IB intend to market their funds only. If TFXI place all 40-50++ funds together, there will be a heavy fund manager competition which is not fair to the MIB. As all of the MIB's network will eventually jump ship to other funds just because other funds have higher profits etc.

Your 2nd question: any idea if let's say In Malaysia back to the 1st person that tried to join it......how did he get that referral code? (the first investor from each country)

The first person of a particular Fund Manager is the Master IB (MIB). MIB is the person who leads the marketing (Head Marketer) as mostly traders' duty is just to trade. MIB as the head marketer will register the Fund Manager account in TFXI, allowing traders to trade while MIB starts his marketing as the 001. And hence the referral starts to all downlines. So its not "The First Investor from each country". Its the first investor of the fund.

Some people may ask, what is the relationship between MIB & Traders? MIB & Traders usually cooperate & come to a terms to market out the Trader's Fund. Trader will be responsible to trade properly while MIB's responsible to bring investors in.

**DISCLAIMER** I'm NOT Promoting TFXI here but merely replying what @MUM asks. Just to put a disclaimer heads up incase there are dumb critics who doesn't seem to read the entire thread & start barking.
Question 1 = Accumulated Profits or Compounding are part of the calculation. If you invest 1K usd, and next month you decide to compound another 100usd, your capital invested will be 1.1K usd. And yes, its recorded in the pool as well.

Question 2 = Yes, infact I did checked almost all funds in TFXI. Out of 40++ funds, left less than 5 funds that their (Deposits are More than Withdrawals). The other 30++ funds have already been overpaid. Meaning Withdrawals > Deposits. It has been like this since 2020 to 2021 but still haven't been burst.

The only reason why the 5 funds having more deposits than withdrawals is because the funds are still new. So they have plenty of investors (from TFXI & outside TFXI) come into. This proves that the other overpaid (WD more than Deposit) funds are making real profit.

Some may argue = What about PAMM? PAMM do not show their withdrawals & deposits. How do you know their PAMM payout is more than deposit?

Answer = PAMM can be calculated using Pool Bonuses (not all funds but funds that are using Pool Bonus in their marketing plan). I'm not obliged to share the formula here. But I've already given you a hint. Do your worst to expose this so called "Ponzi". You'll eventually find that TFXI is such a dumb scammer for paying out so much.

Most Funds like AMG/GMC/Yuri's PAMM is already withdrawn more than deposit. It's the fact. You may call it fake whatsoever it still doesn't prove anything.

**DISCLAIMER** I'm NOT Promoting TFXI here but merely replying what @MUM asks. Just to put a disclaimer heads up incase there are dumb critics who doesn't seem to read the entire thread & start barking.
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notworthy.gif thumbup.gif thanks for the detailed clarification,...
for clearer doubt clarification ...
you posted
"Just for your info, TFXI referral have its own terms. Most funds in TFXI's referral terms do not prohibit other countries from registering.
For example:

Malaysian sends AMG referral to China citizen = Possible
China sends Yuri referral to Malaysian/ other citizen = Possible

TFXI Referral terms works in Master Hierarchy only as I mentioned previously.

AMG (Client A) sends to (Client B) referral link to register Yuri = Not possible
Yuri (Client A) sends to (Client B) referral link to register AMG = Not possible."

it short and simplied answers to my "wondering"....is it still possible for the chinese investors to restart joining TFXI in China again?

btw,....i liked your disclaimer thumbsup.gif biggrin.gif biggrin.gif

This post has been edited by MUM: Sep 9 2022, 11:39 AM
MUM
post Sep 9 2022, 11:57 AM

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QUOTE(Chris_Inch @ Sep 9 2022, 11:49 AM)
Well, when you invest in a business or stock, its a possibility it will belly up immediately.. Definition of immediate is subjective

Serba Dinamik plunges as much as 65.71% to new record low ...https://www.theedgemarkets.com › article › serba-dina...
9 May 2022 — Serba Dinamik Holdings Bhd plunged as much as 23 sen or 65.71% to a new record low of 12 sen after resuming trading on Monday (May 9).


Hmmm, funny how you answered your own question.. Some will reinvest, some will take.. so you are implying there is nothing wrong about the 'some will take' in TFXI or anything sort of investment.. If Vesbolt pays out 40% this month, I will take 40% from my capital too to reduce my risk... Sincerely hope you understand this...

Don't think shareholder's dividend is taxable in Malaysia since we adopt a single-tier tax system in this case. Do check your sources' reliability.
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single tier system, the company that gives out dividend not need to pay tax before giving it to you?
the receiver may not have to pay tax but taxes will definitely have to be paid by someone/somewhere before the receiver received that dividend

Money games is can burst next day (you got no decision making choices to determine that rate of fall),.....
stock when it goes down,...you can have the choice to sell or continue to hold (if it falls you had made that unlucky choice/ if it rebound you made a lucky choice to hold) that is the main different between stock in Bursa and Money games...whether you got a choice to make decision or not.

vesbolt or TFXI are still the same...can belly up tomorrow with recourse of law in malaysia to try to resolve it

btw,...on this "If Vesbolt pays out 40% this month, I will take 40% from my capital too to reduce my risk... Sincerely hope you understand this..."

i would prefer it to be Profit preservation/retention and not capital preservation/retention especially for money games or any extremely high risk invetment

you take profits,...not take out just capital
if you invested with a capital of USD 10k....and your accounts grew to USD 50k (profits accumulated)
you take USD 40k (profits) off the table....not just take the Capital (10k USD) off the table
just leave the "can afford to lose money of 10k USD inside.

if you just take back the USD 10k capital for capital rention/preservation....then you are still having 40k USD inside it....
that is 30K USD more (300%) than your can afford to lose money

This post has been edited by MUM: Sep 9 2022, 12:15 PM

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