November 7, 2013
Greetings Everyone,
Programs discussed in this update....
YouGetPaidFast
EPXTrader
AdCumulation
Cycler Passive
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YouGetPaidFast
Member-To-Member Payment Program
This program is number one on my list because it provides one of the
best models for average folks to benefit with the least amount of effort.
However, make no mistake, this is referral-based program. You cannot
be passive and expect to benefit from this program. Like any other
referral-based networking program, you must refer others in order
to benefit from YGPF. Having said that, if you are able to refer just
a few others and inspire them to do the same, you will benefit substantially.
To see lots of testimonials, all with real names and some with audio files,
please click here.....
http:YouGetPaidFast.com/leaderboard.html
To join us, please click here...
You Get Paid Fast
=========
EPXTrader
Totally Passive
This is a real program as opposed to most of the programs we are
exposed to which are most definitely ponzies. It is unfortunate that
many folks are not able to participate in a real trading platform due
to financial constraints. With the EXPTrader platform, the minimum
cost to participate is $50 for the first month member fee and $500 to
fund the account. This is out of reach for many and it is ironic that the
folks who need it the most are least likely to be able to afford it.
A prospective member sent me this message yesterday....
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Ken,
I thought that this type of 4X trading scheme, with pooled money, is
illegal in the USA. That's why XXX had to do it offshore. Can you
comment on this? You are aware that the US government stopped
the transfer of money back to the investors. Why do you think this
won't happen again? In fact, now that the IRS has caught on to this,
they can stop payments immediately as soon as they find out that
another organization is doing the same thing. I think the only way
this could work is for each member to have his own 4X account
with a broker and have the trading company manage each account
individually. Not use pooled funds. Managed accounts are legal.
Could you discuss that with the trading company?
Charles
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I did contact the Tallinex support team this morning and I received
this prompt response....
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Dear Ken,
This is not a pooled account facilty - each client must apply (and be approved)
for a trading account in their own right. Once approved, our systems present
the aggregated totals of deposits, equity, etc. as a "virtual" master account that
the trader sees i.e. if 10 clients deposit $1,000 each then the trader sees a $10,000
account, not 10 $1,000 accounts. When trading, our server apportions each trade
between the relevant clients based on their individual account equity levels at that
point. The funds of each client are maintained entirely separately at all times.
You can read more about Tallinex PAMM system here:
https://www.tallinex.com/money-managers
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The founder of EPXBody, Dan Putnam, also responded to this inquiry. He says...
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Everyone does set up their own FX broker account. This is not a pooled account
at all. It is simply a managed account which he says there is not a problem with.
If it was pooled there would be no need to set up your own account you would
simply send someone the money and they would add it to their account. Everyone
has to set up their own account and has complete control over their account.
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Here's another bit of info I was not aware of until this morning. This is from
Dan Putnam...
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The reason we went with this specific Broker is because they will match what you
put into the account by 100%. That way there's more leverage. That's why when
someone puts in $500 into the account it will be matched by another $500 through
the broker so it has the leverage of $1000 vs $500. Now, the matched money is not
the persons money but it will be traded as if it is their money. So if someone puts
in $1000 it will match it by $1000 which will start trading showing $2000. If the
account were to hypothetically go up 10% that day, it will show a $200 gain vs a
$100 gain because of the match. Now you would technically be able to withdraw
$1200 from your account that day.
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Greg Swift makes mention of some important information in his tutorial video.
I urge everyone to listen to entire presentation, especially the last 1/3 where
he discusses the long-term nature of the opportunity and realistic expectations.
Work with Greg Swift
Folks who wish to chase faster returns will always be attracted to
the endless variety of money games we see. I have nothing against
them and I participate in many myself. However, the opportunity
offered via EPXTrader is the type of program that everyone should
have as a foundation program in their portfolio and they should view
it as long term project which is much more viable than any money game.
Dan is having a Q & A call tonight at 9 pm est at 206-402-0100 pin 045841#.
If you have an interest and/or questions regarding the EPXTrader product
you should attend this call!
EPXTrader - Ultmate Forex Trading System
============
AdCumulation
Standard Disclosure applies here. See below.
Vicki and James have been working hard to put together this new
version of their AdCumulation program. It opened 4 days ago for
pre-launch. Members are now able to pre-fund their accounts. I'm
keeping a close watch on this one
Lots of features to ensure sustainability.
Very affordable!
Everyone earns whether or not they refer a single member. Those who
do invite others earn more.
Adcumulation.com
=============
Cycler Passive
Standard Disclosure applies here. See below.
If you like fast moving money games, I believe this one will fit the bill.
The program utilizes a well thought out 10 level step-up system (10 lines)
with a very affordable entry level which is the $10 line.
One unique feature is that there are no referral commissions in the first
4 lines. 100% of the funds are distributed to the members in the first 4
lines.
The program is in pre-launch mode and will be for another 6 days. It just
opened this morning and has already attracted 400 registrations.
Everyone earns whether or not they refer a single member. Those who
do invite others earn more beginning with Line # 5, assuming they are
participating at that level.
Members can fund now but cannot purchase until the official launch
which is scheduled 6 days from now.
Check it out here....
Cycler Passive
================
Standard Disclosure
I will always enter a program of this nature with the knowledge that
most programs are ponzi-based (regardless of what is stated at the
website) and that any given program can disappear at any time
resulting in the loss of all of my principal.
I will always advise everyone as to the time I entered a program.
However, I will never announce my decision to leave any program
as this would not favor those who choose to continue with the program.
In other words, I will never publish anything that could be harmful to a
program. The only exception would be if I became aware that the
program admin is not acting ethically and/or is believed to be running
a scam. In either case, I would send an immediate alert stating my concerns.
Once I join a program, it is then up to me (just as it is up to everyone else)
to implement some level of risk control along with some self-discipline.
This simply means that I will withdraw my principal asap and then make
one of the following 2 decisions....
1.......resist the greed factor, withdraw all of my funds, leave the program
and be satisfied with my return.
2........use earnings in excess of my principal to continue with the program
and hope that it establishes longevity and, therefore, an ongoing additional
income stream.
The major determining factors that separate the winners from the losers in
this arena are these......
1 - The time they enter a program. Earlier is always better than later
2 - The amount of funds they choose to place with any given program as
soon as they join
3 - The ability to manage their accounts properly
Ken
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Originally Posted by EagleOne
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