POOR MAN'S MUTUAL FUNDS | Stock Market | TORN
POOR MAN'S MUTUAL FUNDS
  •   AdanaliApo [2329098]AdanaliApo [2329098]
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    Thread created on 16:03:00 - 15/06/21 (5 months ago)
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    Last replied 21:49:42 - 19/08/21 (3 months ago)
    Hello everyone,

    I started a brokering business last week using the trade channel. Initial idea was to keep track of each and every position opened and closed using clients money so that I would be able to track of the growth individually and each client would have a clear picture of where is their money invested at what rate. But, after having more than 5 clients with multiple positions, and notifying everyone everyday with the numbers and so on became really difficult and too much work for me. So, I decided to change the business style into mutual funds. It will work just like a bank.

    Here is how it works:
    1-) You pick a profit plan, options are:
    • 1 week: %1 profit

    • 2 weeks: %3 profit

    • 3 weeks: %6 profit

    • 4 weeks: %10 profit


    2-) You decide the amount you want to invest and contact me for a safe time to transfer the money. Do not send me money if I'm travelling abroad. There is min.
    5M limit

    on investment.



    3-) Money would be locked according to the plan you picked.

    4-) I would invest the money in stocks and start making profits in order to reach the profit goal. If I can't reach to profit goal or go in negative(I doubt if ever happen), I would pay the difference from my own pocket.

    5-) After the time limit, I would contact you and ask if you want to cashout your accounts or start a new investment.

    NOTE: I know most people here is going to question this business idea understandably as there is no protection on your investments other than me honoring my words. I totally get that. So let's talk about couple of arguments I received last week:

    1-) Your networth is so low, if you are this great at investing in stocks shouldn't you have much more money?
    I played the game only for 5 months 2 years ago, never invested at that time. I was spending most of my money to a restaurant that I owned. Then I got bored of looking for employees everytime someone leaves and quit the game for 1.5 years. Last year in RL, I got into Forex trading, and I wanted to play stocks in TORN too. So, I came back last month and started investing.

    2-) Why don't you invest just your own money instead of asking investments from the clients?
    I'm investing %100 of my money in stocks. I made more than %10 profit last month, so I worked out the profit plan numbers according to my gains. But, as I have low total networth, profits are also small for me. I would like to manage much bigger balance so that I can gain much bigger profits.

    3-) If you have low networth, how are you going to pay everyones profits in case of failure in stocks market?
    I have a strategy that I follow, so I close positions as soon as they reach a certain % loss, so that I would be able to pay your loss+profit goal. It works in similar way to a margin call.

    4-) You played the game 5 months then quit, what if you decided to quit again?
    I quit the game first time after paying all my debts to people, letting my workers and spouse know that I'm quitting. So, if I would quit again, I would let you know and send your money back before I do so.

    NOTE TO POTENTIAL CLIENTS: This is a crime game, and your investment is only protected by me honoring my words. If you like to invest, keep that in mind, and invest amounts that you are comfortable with. If I were to scam you and run away with monies, there is nothing you could do other than coming to this thread and making comments. If you lose 1 dollar with me, please make a comment here!!!
    Last edited by AdanaliApo on 16:30:54 - 15/06/21
  • NNGO Sgt_ROACH [2538487]Sgt_ROACH [2538487]
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    Posted on 16:12:15 - 15/06/21 (5 months ago)
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    Nice, i liked it and trust you ! Gluck
    R++bump
  • NUKE Ksarp12 [2510349]Ksarp12 [2510349]
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    Posted on 16:13:46 - 15/06/21 (5 months ago)
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    Fair and honest good intrest returns good luck with the rest of ur clients
    Last edited by Ksarp12 on 16:14:21 - 15/06/21



  • FF Hone386 [2238524]Hone386 [2238524]
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    Posted on 16:47:50 - 15/06/21 (5 months ago)
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    good honest guy helping you profit!
  • ITX BigJoeyL [51076]BigJoeyL [51076]
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    Posted on 17:07:32 - 15/06/21 (5 months ago)
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    Good Guy, with even better returns! Bump ++
  • NUKE Zasty [2131289]Zasty [2131289]
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    Posted on 17:32:01 - 15/06/21 (5 months ago)
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    Very good investment, trust me, it's not going to be another regal bank shit here lol r+

    Just dont invest too much on this guy he might ran away with your moneh tho.
    Last edited by Zasty on 17:33:47 - 15/06/21

  • -TD- rorschach500 [2047151]rorschach500 [2047151]
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    Posted on 17:56:20 - 15/06/21 (5 months ago)
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    good guy! BUmp ++
  • RoF Kayo [2142545]Kayo [2142545]
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    Posted on 00:45:35 - 16/06/21 (5 months ago)
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    IMPORTANT: HE KEPT THE MONEY I SENT HIM, HE'S A SCAMMER

    Is there any attempt to make something of a stop-loss on the funds invested? Or, more specifically, if most stocks go down and you have to pay a hefty sum, will you use a stop-loss (manually, I imagine) or will you allow it to drop as much as it wants to?

    Additionally, the stock market in this game seems to be almost entirely grounded on speculation. You claim to have made a !0% return last month, but will you be able to do it again? How long have you kept a record of having a 10% return a month? Just once?

    Lastly, where's the profit on your part? Do you take the extra percentage you may have made off the money, while only the (say, 1% for 1 week) will be given to the clients, or do you take a percentage of the profits off the top and forgot to add that part?
    Last edited by Kayo on 15:46:59 - 03/08/21
  •   AdanaliApo [2329098]AdanaliApo [2329098]
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    Posted on 04:56:33 - 16/06/21 (5 months ago)
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    Kayo [2142545]

    IMPORTANT: HE KEPT THE MONEY I SENT HIM, HE'S A SCAMMER

    Is there any attempt to make something of a stop-loss on the funds invested? Or, more specifically, if most stocks go down and you have to pay a hefty sum, will you use a stop-loss (manually, I imagine) or will you allow it to drop as much as it wants to?

    Additionally, the stock market in this game seems to be almost entirely grounded on speculation. You claim to have made a !0% return last month, but will you be able to do it again? How long have you kept a record of having a 10% return a month? Just once?

    Lastly, where's the profit on your part? Do you take the extra percentage you may have made off the money, while only the (say, 1% for 1 week) will be given to the clients, or do you take a percentage of the profits off the top and forgot to add that part?
    It's a manual stop-loss. I'm planning to use APIs in the future to automate it.

    Well like I said I came back to game only last month, so I don't have a record of doing %10 profit for many months. But in game stock system seems very easy to make profit. I don't know at least with the strategy I follow for now. Last week I made %5, now I'm already in %3 in one day.

    The profit on my side like you said, if I make more than %1 in 1 week investment that's my profit. Say, I make %2.5 profit in 1 week deal. My profit would be %1.5 while client gets %1. FYI, most people choses 2 weeks deal. So whatever I can make on top of %3 would be mine.
  • RoF Kayo [2142545]Kayo [2142545]
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    Posted on 20:01:35 - 16/06/21 (5 months ago)
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    Kayo [2142545]

    IMPORTANT: HE KEPT THE MONEY I SENT HIM, HE'S A SCAMMER

    Is there any attempt to make something of a stop-loss on the funds invested? Or, more specifically, if most stocks go down and you have to pay a hefty sum, will you use a stop-loss (manually, I imagine) or will you allow it to drop as much as it wants to?

    Additionally, the stock market in this game seems to be almost entirely grounded on speculation. You claim to have made a !0% return last month, but will you be able to do it again? How long have you kept a record of having a 10% return a month? Just once?

    Lastly, where's the profit on your part? Do you take the extra percentage you may have made off the money, while only the (say, 1% for 1 week) will be given to the clients, or do you take a percentage of the profits off the top and forgot to add that part?

    AdanaliApo [2329098]

    It's a manual stop-loss. I'm planning to use APIs in the future to automate it.

    Well like I said I came back to game only last month, so I don't have a record of doing %10 profit for many months. But in game stock system seems very easy to make profit. I don't know at least with the strategy I follow for now. Last week I made %5, now I'm already in %3 in one day.

    The profit on my side like you said, if I make more than %1 in 1 week investment that's my profit. Say, I make %2.5 profit in 1 week deal. My profit would be %1.5 while client gets %1. FYI, most people choses 2 weeks deal. So whatever I can make on top of %3 would be mine.
    One month of trading is a very poor history. It may be true you've only been online for 1 month, and in which case you shouldn't have made this thread yet. I'd say at least three months is a minimum, and you've only gotten a third of that. Your method of making profit seems smart, but if you've only made 10% in your one-month-history, how do you expect to make a profit on one month long investments? Worst case, you'd consistently make losses. You probably shouldn't have made your personal best the amount your clients would get.
    Last edited by Kayo on 20:01:50 - 16/06/21
  •   AdanaliApo [2329098]AdanaliApo [2329098]
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    Posted on 23:11:32 - 16/06/21 (5 months ago)
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    Kayo [2142545]

    IMPORTANT: HE KEPT THE MONEY I SENT HIM, HE'S A SCAMMER

    Is there any attempt to make something of a stop-loss on the funds invested? Or, more specifically, if most stocks go down and you have to pay a hefty sum, will you use a stop-loss (manually, I imagine) or will you allow it to drop as much as it wants to?

    Additionally, the stock market in this game seems to be almost entirely grounded on speculation. You claim to have made a !0% return last month, but will you be able to do it again? How long have you kept a record of having a 10% return a month? Just once?

    Lastly, where's the profit on your part? Do you take the extra percentage you may have made off the money, while only the (say, 1% for 1 week) will be given to the clients, or do you take a percentage of the profits off the top and forgot to add that part?

    AdanaliApo [2329098]

    It's a manual stop-loss. I'm planning to use APIs in the future to automate it.

    Well like I said I came back to game only last month, so I don't have a record of doing %10 profit for many months. But in game stock system seems very easy to make profit. I don't know at least with the strategy I follow for now. Last week I made %5, now I'm already in %3 in one day.

    The profit on my side like you said, if I make more than %1 in 1 week investment that's my profit. Say, I make %2.5 profit in 1 week deal. My profit would be %1.5 while client gets %1. FYI, most people choses 2 weeks deal. So whatever I can make on top of %3 would be mine.

    Kayo [2142545]

    One month of trading is a very poor history. It may be true you've only been online for 1 month, and in which case you shouldn't have made this thread yet. I'd say at least three months is a minimum, and you've only gotten a third of that. Your method of making profit seems smart, but if you've only made 10% in your one-month-history, how do you expect to make a profit on one month long investments? Worst case, you'd consistently make losses. You probably shouldn't have made your personal best the amount your clients would get.
    I did %10 last month, but I was trying to find the best working strategy as I had multiple ideas to implement. Since last 10 days, I think I figured it out what works best. And I started the business right away. If I make %5 a week consistently, that's more than %20 a month. This is my second week on that and like I said, I was at %3 yesterday, today there isn't much progress but I do believe in 5 more days, I would get %5 in total no problem.
  • CALE ScriptTease [2356074]ScriptTease [2356074]
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    Posted on 23:55:10 - 16/06/21 (5 months ago)
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    I like the premise, but stop limits or trailing stops are not possible to do automatically as that is against the rules since you would need to be logged on to execute the sell order.

    Which is a shame, because it's something I thought of myself a while back.
  •   AdanaliApo [2329098]AdanaliApo [2329098]
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    Posted on 00:57:30 - 17/06/21 (5 months ago)
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    ScriptTease [2356074]

    I like the premise, but stop limits or trailing stops are not possible to do automatically as that is against the rules since you would need to be logged on to execute the sell order.

    Which is a shame, because it's something I thought of myself a while back.
    Sshh, selenium can be handy here. keep it as secret :)
  • RoF Kayo [2142545]Kayo [2142545]
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    Posted on 15:09:53 - 19/06/21 (5 months ago)
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    b
  • NUKE Fructose [2574191]Fructose [2574191]
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    Posted on 03:01:12 - 20/06/21 (5 months ago)
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    Sent 7m to invest for 4 weeks, seems like a trustworthy person! Will update next time :)

  • I.R. dunmugmeh [538353]dunmugmeh [538353]
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    Posted on 14:11:39 - 20/06/21 (5 months ago)
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    It is always great to see intrepid new players looking to better themselves!

    Sadly with scamming being legal it will be very difficult to achieve success.

    The casino is very addictive a big cause of scamming and with scamming being legal many 'investors' do just take the play money they are sent ..

    Scamming is legal and this is the big killer for investors. It will always be hard to get customers.

    Forum signatures make my eyes hurt so i have turned them off.

    My tornography

    https://www.torn.com/newspaper.php#!/articles/285 

  • ARC Coot [1602025]Coot [1602025]
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    Posted on 16:30:39 - 21/06/21 (5 months ago)
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    A trustworthy guy who paid me on time! B+R
  • ANON nihilisticcat [2112766]nihilisticcat [2112766]
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    Posted on 03:11:22 - 22/06/21 (5 months ago)
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    But all of this action goes on in the dark, hidden underground. Some may call it stealing or piracy, as if sharing a wealth of knowledge and coin were the moral equivalent of plundering a ship and murdering its crew. But sharing isnt immoral - its a moral imperative. Only those blinded by greed would refuse to let a friend make a copy.
  •   Waggontin [2688514]Waggontin [2688514]
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    Posted on 11:43:54 - 01/07/21 (5 months ago)
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    Paid on time, 5 million for 1 week, I got 5,150,000 which was actually over how much I was supposed to get, much appreciated! Vouch!
  •   Bughunter10 [2606133]Bughunter10 [2606133]
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    Posted on 15:26:47 - 05/07/21 (4 months ago)
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    I will be putting 1.5b with this guy to start off for at least 16 weeks I will pm back at the end

    13,295 total battle stats :)

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