is there anyway to reduce the warning % on my account here? I am not comfortable having 20% warning.

The warning level is only visible to you and the forum moderators.

A mere 20% does not do anything to you.

Dont worry too much about it and just follow the rules http://www.moneymakergroup.com/boardrules.html

You can request for it to be lowered/removed after 30-60 days

gummibearu is right, just apply to have it removed in a months time
A lot of warnings are given as standard procedure and do not put you in "danger" of further action.
You can click on the % and read the log, which will have a note of why the warning was given.
Don't break that rule again and its cool as

I suggest you take a few minutes to read the rules, they are fairly straight forward and also each section has specific rules posted above them.