@timothysykes hi tim, i am yejia from singapore. i had just signed up for your newsletter a month ago. I don't have much cash because i just started working. i still have around usd$1.5k. on 1 jan my friend just convinced me to buy into odfx package for usd$1k. with this i get 5% monthly and $1000 worth of $1 unit price and she mentioned i could sell it in 2.5 years time for around $10-15k when ofdx is slated for ipo listing. but the forex commission is $30 per standard lot. is it high? Pardon me since i have no experience in trading. I am thinking i should get back my money focus on pennystock silver. and even if i want to do forex, other platform charges only $10. please advice thanks
@Tan_Ye_Jia I don't mean to butt in, but it's unwise of you to put money into the market if you do not understand what you are doing. A trading education is one thing, gambling is another. If you are paying the $30 commission plus the spread and management/performance fee I would say that is high if the pair being traded is EUR/USD. Do the math, it will cost you at least .3% of your account value per trade and that is costly. I would absolutely get your money back and be more patient. don't get
impulsed into things you don't understand. If you are going to keep your money in it, ask for a track record of trades and performance statistics such as max peak to trough drawdown. Your chances of growing your money exponentially and safely is much more likely with Tim's method.
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