Hope people who have invitation codes to Silver Gate Forex Hedging cherish the minimum of $100 which should available until 5th september but I think the best is to fund your account before the end of August. I have not moved this program to "Recommended/Proven/High Quality Investment Programs!" because I do not think I have much info on the audit but nevertheless I am already in this program and invested. $100 is worth the risk! For those interested, I still have the codes here where you can grab: http://lazymaninvestment.blogspot.com/2006/06/program-reviews.html
Okay, I have seen megainv's north finance account and they are in the red. So I am moving them down to "Program(s) I am monitoring:" and this is what Jose announced:
"Hello Everyone,
I am really sad to announce (as you guys can see) that we have lost a significant amount of the funds in our account today.
We have been using an Expert Advisor that have been tested for about 8 months. You can see a report here: http://www.megainvforum.net/reports/gbp.htm http://www.megainvforum.net/reports/eur.htm
Last night, the computer running the Expert Advisor was turned off disconnecting the EA from the open trades. This resulted in the losses that were suffered today.
What will we do now?
1 - We will be depositing some of our own money back into the account. We expect us to recover the loss by the end of the month.
e-metal® payment confirmation: Batch 66116128 Paid To: 2516XXX (NorthFinance) Amount: 15000 US Dollars' worth of Gold Memo: 174XX - Jose Gomes Jr.
From: 3227XXX (Jose Gomes Jr)
2 - In the mean time, we will temporarily close to new members and funds. We will accept new members and funds again after we recover from the loss.
3- To prevent this situation from happening again, we will be hosting.
Thanks for your understanding.
Zé Gomes Jr."
This news may be a bit late but better late than never :) I am not in and will put in under monitoring and as you can see the risk is only due to trading.
Next, I have decided to add 2 more forex programs to my monitoring list namely fxema and moneymovestrading. You can have more information on fxema from van-bassidor's blog at http://van-bassidor.blogspot.com/.
Moneymovestrading's adminstrator is from moneymovesasia although I never join any of his programs but they are certainly receiving spotlights at the moment. Here's what it says on moneymovestrading page:
" MONEYMOVES FOREX FUND, a pooled-Managed account that is traded through MoneyMovesTrading, LTD. (Belize) and the MoneyMovesTrading professional trader with nearly 15 years of trading experience at major European banks. This is our latest fund and has a limited operating history, but during the last trading sessions we averages returns of 44%, our goal is 10-25% variable monthly returns based on ACTUAL trading results, all records provided along with proof of trading. You may also open your own managed account with only a $2000 minumum. Pooled-Mananged Forex account also available through our partner MoneyMovesAsia . Only $500 minimum. " Okay I have the links up for these 2 programs on the left sidebar. If anybody has good programs to introduce please contact me via email, it would be good to share because I can't possibly monitor all new programs coming. But pls only recommend potential programs not those fly by days sort of programs which put your hard-earned money at risk and no autosurfs as this blog is all about passive income which I am sure most of you would want to be able to achieve that. Have a nice day :) |