Lazyman's guide: Ibizatraders forum news

This is taken from the forum of ibizatraders:
"
I would like to take this time to update all members on the ROI this month and much other things in the works at Ibiza Traders.

First I would like to say sorry that I have not been in forums lately as I have been on business trips for Ibiza Traders. I have been in London but trading has never stopped. We have some major business opportunities in the works and will update everyone in due time.

The ROI investment this month will be 15%. This month is referring to all members who deposited before or on July 25th. As noted in many areas on the site It is Ibiza Traders' aim to reach the highest possible yield for its investors. Our aim will be to pay at least 20% monthly. Of course, as you will appreciate, due to fast changing circumstances in the forex market, this percentage will fluctuate. This may sometimes be in your disadvantage but also in your advantage. This month was a short trading month for us at Ibiza traders for trading. We had some issues in the very beginning and were not able to starting trading until the 7th of August. Also We have had some global holidays that we were not able to trade. Furthermore I would like to say that we are proud to pay 15% after a very difficult and choppy holiday market in which the geopolitical situation was very unclear. We lost a week of trading under the circumstances. All payments will be made on September 7th to your payment processors.

There has been a lot of talk in other forums, emails and Pm's about our trading access, read me options, login views to the trading account etc... As investors I can understand your concerns. Ibiza Traders is not like many other funds. Our Due Diligence section is like no other. Its almost belittling to me to say the least for some of the things I have read and received. Please understand what you see in the Due Diligence area is real. My Vitae is real. My Passport is real and the Documents of S.A are also real. I am a seasoned trader and by all means a very well respected one. It has been proven by many individuals that all the documents on the site are real. We have proven our trading account and even given read me documents of our trading this month. We will allow quarterly, the three individuals ( Bluemax, Tony Clfton and Jude from NO B.S Blogger )access to our trading account every three months. Please remember there are many funds out there in which some of you might have invested in, that have not given the transparency as we have.

As Ibiza Traders grows in members and investors it will also grow in staff. We have brought in a new forum Moderator. At times like this past week its been tough for us to trade and watch the forums. Although our support team has done a superb job, we feel this will be a great addition to the quest.

Thank you all for the support and we will keep you all updated about further developments with repect to Ibiza Traders.

Kind Regards,

Peter Ris

Director
"

I am really undecided about this program whether I should join or not because there's really no good DD on the ibizatraders trading account. I mean if Jude, Tony Clifton and Bluemax have access to their trading account every 3 months, it is hard to monitor their trading activities. Thus, what I can say is maybe it is worth a punt with their current 15% ROI. For those who have enough ($1000 at least) you can join at later stages (if I am not wrong before Sept 24 would be the last month for a $250 minimum deposit which would be increased to $1000 after that) when you feel that you are comfortable with their trading. As you can see trading always presents a certain element of risk but risk management if done properly will be profitable in the long term. That's probably what happened to FX-eXperts where the trader lacks some risk management but don't worry for those who are panic about whether they will scam your money. I would really think they would not because there's no reason since Marcos the admin of Fx-experts runs several forex programs, if he does run away with our money you can be sure he will be gone forever... which I do not think so given several respected bloggers in the arena knows about him well.

Okay back to ibizatraders. "My Vitae is real. My Passport is real and the Documents of S.A are also real." Yes, all are verified so if this is what you are worried about then stop worrying, I am more of worried for trading risks than scam....

Also check out my portfolio which has just been updated: Lazyman's Portfolio

Lazyman's guide

Let me show you the lazy way to get your money!!!