sixcapital?

[wahkao3]

I work on the trading floor. my boss will throw away CV they say make >100% returns. He once throw away a CV of an SMU grad who say he made 600% leveraged returns. he say so good, no need to come work in a bank le.

pcw +1

too pro also no good

 

[nanotard]

hey guys,

anyone knows anything about this tag the chief program six capital has?

 

[lcornwisky]

Yea anyone they have a program trading with demo then again its real that matters

Sent from Asus ASUS_Z00AD using GAGT

 

[potshot]

hi i've heard of this tagg program from another person

would like to know about the reliability of it

 

[stallionaire]

TAGG program - trustworthy?

I have dipped my toes into the TAGG program a few months ago. The returns are satisfactory. For those whose trading strategy is based on technical analysis, the principle behind the TAGG program makes much sense. But I still have my doubts about the company.

TAGG is incorporated in the Virgin Islands. I do not have a proper contract with Six Capital. I simply do not feel protected.

Because of doubts, my commitment in TAGG remains minimal. I remain happy with the returns - they are as promised.

I would like to hear others' views.

 

[Perisher]

I have dipped my toes into the TAGG program a few months ago. The returns are satisfactory. For those whose trading strategy is based on technical analysis, the principle behind the TAGG program makes much sense. But I still have my doubts about the company.

TAGG is incorporated in the Virgin Islands. I do not have a proper contract with Six Capital. I simply do not feel protected.

Because of doubts, my commitment in TAGG remains minimal. I remain happy with the returns - they are as promised.

I would like to hear others' views.

How much capital did you put in in total so far?
Are you a Sixcapital or Tagg agent?

 

[GenerationX]

How much capital did you put in in total so far?
Are you a Sixcapital or Tagg agent?

ya and what is the period done for the capital? I went to the "presentation" talk. sounds attractive if everything is real. haha.

 

[GenerationX]

did anyone ever invested before?

now they removed the 18% rate and goes back to 15% rate liao...
but 18% for higher amount investment.. > $100,000 i think
got iphone 6 free gifts too! haha

under the old chief plan, the returns to me is abt 2.xx% per month. i only invested very small amount for a few months (the aim is to attend the lessons, not the returns)

r u still on the chief program? how to play the game? Is it need to "share" to ppl?

 

[Slumdog8]

I have been following the TAGG scheme for a little while, what they call a gameified version of participation in the FX markets.

The principle behind it and returns are generally good, and what you would expect from a professionally managed MAM.

However before investing more, I emailed them regarding how they are regulated and how is my money safe.

Basically I couldn't get a straight answer from them. As far as I can tell, they are treating TAGG like you are a consumer buying a product, which you can cash back in with them. They want to stay away from terms like investing and managed accounts.

I trust the trading, I just don't trust where my money is held and how safe it is. I feel TAGG is basically a completely unregulated way to get retail clients to invest money in FX. But if they where to go into insolvency tomorrow, you would lose all your money.

If you have larger accounts for trading I think k it would be best to look for regulated managed account elsewhere, and rather hold your money at a good broker.

Anybody else have experience with TAGG?

 

[lasnoblur]

Hi alexchia01,

Although your 500% mark sounds unbelievable (by my own standards), I believe you based on your past postings. You sound like a principled and honest person. If you don't mind, I would like to ask when you review your performance, how do you know whether you are taking excessive risk to achieve that incredible gain?

high gains comes with higher risk.

its how 1 manage it. every1 is unique and has diferent risk level and appetite.

 

[Slumdog8]

high gains comes with higher risk.

its how 1 manage it. every1 is unique and has diferent risk level and appetite.

500% is a meaningless figure unless you can state what the initial deposit amounts are, time period it is over, if it time-weighted return Gain or Absolute Gain, or CAGR.

its all about risk, my general rule of thumb for benchmark any fx trading system or investment is about 5:1, return:drawdown, which i think is a relistic return profile for the markets. its easy to make 250% or 500%, however you would have to have 50% or 100% of your capital at risk. Margin calls with most brokers normally happen at 50-70% depending on the instrument.

I normally accept a drawdown of around 10-20%, so im looking for return profiles of around 50-100% per annum.

but realistically speaking, even if your risk appetite is high, the maximum returns you expect in fx trading without risking too much and most certainly blowing your account is around 250% per annum.

With experience in many forms of fx trading be it, price action trading, technical, fundamental, or algorithmic, as well as having managed accounts with numerous reputable traders, i can tell you it wont get much better than this without over leveraging and risking too much on your accounts.

even if you can achieve 500% in trading... the markets are constantly evolving and changing. its near certain, whatever might be working for you in the short term, will not work for you in the long term.

best advice, is to make sure you dont have all your eggs in one basket, and diversify your portfolios as much as possible, and have as many non correlated "edges" in your arsenal as possible working together collaboratively.

 

[belledonne765]

Have you gotten back your $$$?

I have dipped my toes into the TAGG program a few months ago. The returns are satisfactory. For those whose trading strategy is based on technical analysis, the principle behind the TAGG program makes much sense. But I still have my doubts about the company.

TAGG is incorporated in the Virgin Islands. I do not have a proper contract with Six Capital. I simply do not feel protected.

Because of doubts, my commitment in TAGG remains minimal. I remain happy with the returns - they are as promised.

I would like to hear others' views.

Hi Stallionaire, it's been a year + since you invested in TAGG. Have you been collecting your interest every month? Most importantly, have you been able to get back your principal?

 

[belledonne765]

TAGG and Bdata from SIX Capital

Attended a sales talk by Six Capital on TAGG and Bdata.
Concerned enough to post here to encourage potential investors to think deeper first before jumping in...

What is TAGG?
- marketed as investment pdt (I didn't say it is an investment pdt)
- money from investors is used to buy Nodes in an online game called TAGG
- you use Nodes as building blocks to build structures to generate return
- return is 3-6% per month! If you put in 1 million, each month you get 60k assuming 6% return, in 1 year you get 720k. That's an incredible 72% annual return! (they make Warren Buffet feel embarrassed, let alone GIC, Temasek, you name it)

Why am I concerned?
- Six Capital does NOT sign a contract with you when you invest in TAGG! Why would you be comfortable to do that? You can't even go to the Court to sue if the need arises.

- Even if it can really give u 6% per month, you need more than a year to collect back your principal before Six Capital really have to dig into its own capital to pay you. Hey, you are just getting back your own money. I wonder who has gotten back their principal....

- Not convinced it can sustain this high rate of return. The sales person told me the $ is used by Six Capital to do FX trading, which generates profits to pay investors. Well, Warren Buffet's Berkshire Hathaway's annualised return is at 20% over 5 decades and he's the 2nd richest in the world. If you buy TAGG, you will get richer than Warren Buffet in no time! You decide for yourself.

I think I can't beat Buffet. I will just buy his Berkshire Hathaway shares.

 

[belledonne765]

Bdata from Six Capital

What is Bdata?
- marketed as investment pdt
- much like fixed deposit
- 15% return for 6mth, 18% for 12, 20% for 18
- this one has contract (better than no contract but so what.....)

Why I am concerned?
- not convinced return is sustainable. Six Capital said would use the money to deposit with banks to get credit line to do fx trading to generate profits. Is their fx trading so tat gong? At 18% pa, which is 2% lower than Buffet's 20%pa, I can't be as rich as Buffet, but I can be half as rich if I buy Bdata. I let you decide whether this will be a dream come true for you.

- bad experience with Profitable Group's Boron investment pdt. They promised 12.5% for 6mths. I put in a small sum 5k USD. Managed to force them to return my principal + interest, but not without much hassle, including bringing one of their directors to Small Claims Tribunal. All their directors were later brought to justice by CAD for cheating and sentenced to jail.

Again, you decide for yourself.

 

[wahkao3]

good discussion

 

[jacques.jiean]

Curious, how many people here didn't pull out in time?