Nikhil Video Interview |Testimonial Video | The Best Forex EA | How To Make Passive Income

Hey, everybody, it's Alan Solosh here, the passive income guru. And I'm interviewing a client of mine, Nikhil Amaidas.

Is that how I pronounce it, Nikhil?

Yeah, that's right.

Okay, great. So where are you based, Nikhil?

Based in KwaZulu Natal, in Durban.

Oh, wonderful.

Okay, so you're in Durban.

Yes, that's right.

The humidity of South Africa. I don't think there's a more humid place in South Africa. So how long have you been a client of mine, Nikhil?

For a few months now, I think it's been about three months.

Okay, and are you enjoying the ea?

I am. I am enjoying it.

Yeah.

It's been very interesting learning and improving my record as time goes on.

Right, so I'm just going to share my screen and these are my results that I'm achieving with my robot. And as you can see, I get a monthly return of about 11%. So can you see my screen?

Yes.

So that's all I'm trying to do. I'm just trying to outperform Ray Dalio's hedge fund, which brings in about 22% per year and has done so the past 10, 15 years. Except for this year, I think he's in a loss of about 10 or 15 years, which is the first time ever. But going back to my robot and you. So after the cost of the robot, how much money will you make at the end of this month and what will that be as a percentage return on investment percentage.

Okay, so yeah, after. After the payments for the robot, I'll make about $100 pure profit this month.

And what's your capital?

My capital is sitting at about.

I think, taking into account the. Do I still count the FPS bonus in that?

No, you don't.

Don't count the bonus. Okay, then my capital is my balance, right?

No, it's the amount that you deposited.

Oh, the amount I deposited. Okay. So in terms of what I've deposited, it would be. I've deposited about a thousand. I think about a thousand. $300.

So then it's 100. So you'll make how much?

150 or 100, did you say about 100? Just above 100.

And you deposited how much?

1,300.

300. So you'll make a profit of about 7%.

About 7% this month?

Yeah. Yeah.

That's not bad. And are you, are you like a conservative trader at the moment?

At the moment I am, yes. I figured that better to be conservative and to like, obviously monitor my risk. There's no point in rushing it.

Yeah. And so what's your expectation of the robot in the next couple of months and do you think you're going to achieve that?

Yeah, so no, I think I will achieve that. It's just in terms of me obviously monitoring my risk.

Yeah. I just figured that it's better just to get some sort of return, you know, instead of going all out and taking crazy risks with lot sizes and such. So it's okay just to get a little bit of cash flow every month because obviously any extra bit of money helps. So it's better to be smart about it than to take unnecessary risk.

Absolutely. So I'm sure you're a savvy investor and you've got other investments that under your. In your portfolio. What is your best performing.

Investment or is this one of your best performing assets?

Okay, so yeah, I've currently got what, I've got a few investments. I've got a tax free savings. I've got my, I've got a rental property as well.

Okay.

So I think at the moment for me, the rental obviously, well, it's, it gives me cash flow every month. So it's, it's just a bit more than the, than the robots at the moment. But I'm hoping in time to come when I do deposit more money into the, into the system, into the euphoric system that, you know, that would maybe outperform my property. So. Yeah.

Are you talking about on a Rand to Rand basis or dollar to dollar or are you talking on a percentage basis?

I'm talking. Well at the moment I'm talking about a Rand to Rand basis.

Okay. And on a percentage basis, which asset performs the best?

Okay. On a percentage basis, yeah, your asset does perform best.

Okay. So I mean if you just take your 7.69 and you times that by 12, you're making a 92% return on investment for the year, which is. I don't know where you're going to get that type of return on investment. So what advice have you got for the viewers that are going to possibly watch this video?

Okay, so I would advise them to go ahead and purchase the robot because I was a bit hesitant at the start. But you know what, if you don't do something different in your life, you'll always end up where you currently are. So it's good to try new investments. Obviously do your homework. But from what I've gathered and from my experience so far, Alan has given great support to his clients and he continues to do so. And yeah, if you Follow his instructions carefully. The robot does work. So you will get passive income.

Well, at least I'm, I hope I'm helping you to achieve that goal and make more passive income. What do you do, Nikhil?

I'm a civil engineer.

Okay, and you work for a company or you've got your own contracting business?

No, I work for a company in, based in Durban.

Okay, cool. And I suppose you love what you do and you want to be there for the next 70 years?

Well, I enjoy what I do, but I wouldn't say I want to do it for the next 70 years. I probably wouldn't last due to the stress and the environment that I'm in. So eventually my goal is to, is to be financially free and I think your product is just one of the tools I'm using to try and get me there a bit quicker.

Yeah, absolutely. I've got also a lot of quite a big diversified portfolio. My robot is just one of my assets. I've actually got four or five different robots in different accounts running so that I've split my risk. And it's not all in one robot of which I highly recommend. My other clients, they do that as well. Are you going to be taking other robots from me?

Yeah, that is, that is the plan at the moment. I'm just, I'm just wanting to see this month through and obviously check my, check my, my profits and then, yeah, we'll be looking into getting, I think, your new robot. It's the, the power robots, if I'm not mistaken.

The Powerbot.

Yeah, power.

But yeah, yeah, of which I'll probably be changing the name to one of your names because you gave such great suggestions. So thanks very much for that. So thanks, Nikhil. Thanks so much for allowing me the opportunity to interview you and thanks for sharing your story with my viewers. And so there you've heard it from another happy client of mine. I highly recommend that you get involved and start making some passive income by harnessing the power of the Forex market, which is the biggest market in the world, possibly a 5 to 7 trillion dollars market. And you can start using my robots to make an additional passive income. It's not 100% passive income, but then nothing is 100% passive income. I would say this is about 95% passive income. How often do you change your settings on your robot?

Well, at the moment I haven't changed them in a while because I'm saying it's working so there's no point in me, you know, fixing broken. Yeah.

So I think in the beginning, you.

Tweak it and eventually you find your happy medium. And then maybe once or twice a month you change your settings. So I like to compare my rodbots to.

Riding a bicycle. So when you were a kid, you got on your BMX and you rode down the hill and you got that speed wobble and you then have realized not to go that fast ever again. Okay. Because you got it right. And I think Forex works the same way with lots of lot management and wallet management, that if you over leverage your account, whether you are manually trading or whether you are using any robot, you could land yourself into a challenge where you need to then trade out of it and maybe even fund your account. So this is a balance, I think, between your emotions, your equity, the lot sizes and your profits, and then obviously paying for the robot. And after a while, I think after tweaking the robot, which is just the lot size, I don't think you've changed any other settings. Other 12 different settings on there. I think the only thing that you change is the. Either the timeframe or the lot size.

Yeah, yeah, that's right.

So once you manage that and you get to your happy medium because there's no one shoe that fits all. Yeah, okay. Everybody's got a different risk appetite and risk management regime that they follow. So, you know, you would need to set up your robot according to your profile and you'd start making a very healthy passive income. Like Nikhil, I think a 92% return on investment after the cost of the robot per year is absolutely outstanding. I don't know where you're going to get that type of return. So thanks, Nikhil. Thanks very much and enjoy the robot and send me more testimonials that I can post them on the group.

Okay, thank you, Alan.

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