It is not what it looks like from the outside...
I was skeptical from the start but my friend was the one recruiting me so I fell for it. I now feel like its my duty to explain my experience with them. Firstly, I hate the choice of words they use and how a lot of them say they are "retired" yet they still work. I was just asking questions to a fellow team member before I joined and he was visibly getting agitated and told me "I made $17,000 in the last 2 weeks and I'm not gonna waste my time on you if you are struggling about paying a couple hundred dollars." By the way that $17k was made selling products for IML, not trading. These people are marketers, not traders. Then I got into all the group-chats and zoom "trainings". All they really were was motivation and selling the dream and teaching you how to recruit. They explained all you have to do is edify and glorify your up-line and the customer will be convinced. I honestly saw it as evil. Secondly, they don't do what they preach. My up-line set me up with HFX and told me it is as simple as copying a guy pressing a red or green button and making money. You would think he traded HFX but he actually didn't. He got into it like a month after me being in HFX and would risk half his trading account on a trade while preaching risk management. But if it was so easy to make money, why weren't you doing it and why were you setting up people for HFX if you didn't even do HFX? They also sell AI machines that trade for you during the day and I was told they "guarantee" profit everyday. They would get a commission of $500 for every AI they sold. You would think if the AI actually worked, they would have one set up for themselves but they don't, yet they sell it and say it has a 90% win rate. Thirdly, they only talk about trading like 10% of the time once you are in IML...yet talk about trading 99% of the time when they are trying to recruit you. All they really talk about in the chats is hitting your ranks and recruiting. Not one person has said in my chat that they have a goal to make X amount of money trading. All they talk about is their goal of hitting chairman or breaking X amount of ranks in the next 3 months. I trade with Matthew Thayer, aka Matty Pips, and I have no idea where they get his 93% win rate from because when I trade with him...I know for sure that he DOES NOT win 93% of the time. The people counting his trades need some new glasses or some elementary education because that is just not true. I wish I would have counted every trade he won and lost. That being said I am still in IML because I cannot withdraw my money on VideForex until I turnover 3 times the amount I put in so I will turn over that amount by the end of the month and will cancel my subscription. Matty pips does win most of his trades, however, it is not 93% of them. The reason I am not trading on my own is because I am not educated on it enough to not lose money. Staying for another couple of weeks and trading with Matthew Thayer will hopefully allow me to at least break even. What I also really hate is the brainwashing. When I leave, I am sure the team will tell the new people, "you see he didn't want it bad enough and just wasn't built like we are." I say that because when people would leave a zoom call, the one running the call would say "you see all these people leaving just aren't serious about their grind and if they aren't serious about it, I don't even want them in here." They would call out "mandatory" calls when a chairman was running the call. Is there money to be made it IML networking/recruiting? Yes. Can you make the money ethically and feel good about yourself at night? No. Why? Because you have to lie like crazy to recruit somebody like I know my "friend" lied to me. I could be chairman 10 in a year if I really wanted to but I can't make money off of selling a product that I don't even use and be able to sleep at night. Is there money to be made trading in IML? Maybe. Depending on your risk management and how good of a night Matty Pips is having. He does win more than he loses but it still isn't a crazy win rate and a lot of time the market moves nothing to how he says it will move. I now invite IML to leave a comment saying "well we understand it isn't for everyone" LOL. What does that even mean?