Forex and High Yield Investing

FXDD - MetaTrader 4 is Live!!

2006-06-25T16:15:00.000-07:00

Good news....MetaTrader 4 is now live at FXDD!!!

Last week I read FXDD will be implementing MT4 live and at the same time start allowing micro lots. On Friday I emailed customer support asking when MT4 will go live. I have been with FXDD since last year. When I joined I was told it would be going live soon. What a long wait it has been and now my patience will pay off. :) I was getting close to changing brokers just to be able to trade mini lots.

I received a reply today:

"Metatrader 4 is currently available for live accounts and micro lots are implemented on the platform. If you wish to set up a live account for metatrader 4, please send an email to sales@fxdd.com."

I have just sent the email to request it. This is great because I will now be able to size my positions better and peel off micro lots on winning trades.

Two great pieces of news at the same time....as soon as it is activated on my account. :)

US Trade Balance Report / New Links

2006-04-12T17:33:00.000-07:00

Time for another of my infrequent updates. :-). If you would like an email notifying you of updates to my blog you can subscribe by submitting your email address in the form on the right. I've had this for awhile, but decided to move it in a more prominent position due to my infrequent updates. ---->

Today's US Trade Balance report was better than expected. For the report I placed a couple GBP/USD trades yielding 52 pips and 26 pips.

A couple new links:

I found this awhile ago, but last Friday was the first chance I had to try it during the NFP. It is a direct Media Player link to Bloomberg TV. It reported the NFP results fairly quick and it is also a great way to get the financial news from Bloomberg TV directly to your desktop.

I have also been using a "World Market Hours" clock that was introduced in a thread at Forex Factory. I have been using it for Forex markets plus there are also clocks for Stock and CBOT. On the left you can click the "Go" button and it creates a smaller clock which is what I prefer. A nice feature I like is it also included holidays so you know which markets will be closed and when and why.

I've added a link to both of these items in the "Forex News & Events" section on the right. Hope that helps the traders out there. :-)

NSFG Reminder

2006-03-16T17:11:00.000-08:00

I hope nobody has forgotten the NSFG pooled program will close to new members on March 25th. :) The date is quickly approaching. The managed account service will remain open to new investors.

For NSFG pooled program information click the NSFG link. It is in the ”Stable Low Risk Programs” section on the right. For more due diligence information, I recommend going to the Golden Horizons forum. Link is on the right. Once inside, send a PM to “Grubling” asking for access to the NSFG section.

This is a solid program and once you see the DD information you will know there is real Forex trading. So far each month the pooled account has had positive earnings. This isn’t a quick money HYIP. This is for long term steady growth and has a low minimum entry. This program is my favorite because it has been profitable and, in my opinion, there is no doubt there is real Forex trading.

MPDW Update

2006-03-15T18:08:00.000-08:00

I received a “Mid-Week Update” from MPDW today. Here is the meat of it.

---------------------------------------

Effective today March 14th 2006, all units are now
in a tracking system which notes how many weeks of returns
each unit has received.

Each unit must now mature for 26 weeks.
All units start at 0 weeks maturity today.

This new feature applies only to sell-backs.
You may still withdraw from your Returns Balance.

# 2)
We have raised the minimum purchase to 20 units.
(This is for New Members Only)

# 3)
Minimum withdrawal of returns is now 3 units.

# 4)
There are no more emergency sell-backs.

---------------------------------------

This is basically telling me all principal, old and new, is locked in. This means even if you joined MPDW on the first day it started, your principal (“Units Purchased”) is only at 0 weeks maturity. It doesn’t matter what date it was purchased on. I have verified this on my own account.

This makes the program less flexible to follow a basic rule of investing….pulling out principal. Now pulling out principal can only be done by either slowly trickling it out via Returns/Bonus Balance or waiting half a year (26 weeks) for your “Units Purchased” to mature. I am not aware of any other methods to pull principal at this time given the recent changes.

As a result of the changes, the MPDW risk level has increased and I will be removing the MPDW link from my blog.

Good Advice From The CFTC and NFA

2006-03-11T10:03:00.000-08:00

I have come across some articles that may be useful to others. Some may seem like common sense, but many times common sense can be blinded by greed. These can come in handy if you need a realty check to chase away that greed. :)

This one addresses investment opportunities that involve Forex.

COMMISSION ADVISORY: BEWARE OF FOREIGN CURRENCY TRADING FRAUDS

This next link has some various articles regarding trading or investing fraud as well as a few other links of interest.

Customer Protection: Before you trade or invest

Here is one from the link above that is of particular interest if you want to invest in managed Forex.

COMMISSION ADVISORY:
Beware of Websites Selling Commodity Trading Systems that Guarantee High Profits with Minimal Risks

This is from the NFA regarding Forex.

NATIONAL FUTURES ASSOCIATION INVESTOR ALERT - AUGUST 2003

UNDERSTANDING THE RISKS OF TRADING IN THE RETAIL OFF-EXCHANGE FOREIGN CURRENCY MARKET

These articles may be boring to read for some, but if it makes you more aware so you don’t lose your precious capital then I think it is worth it. I highly encourage anyone thinking of investing in such investment vehicles to read this information first before proceeding.

Remember, nobody cares about your money as much as you do. ;)

The Whole Story.."Managed Accounts…Are They Really Safe??? "

2006-02-26T21:14:00.000-08:00

My blog article "Managed Accounts…Are They Really Safe???" really sparked a lot of drama. I am posting the emails so everyone can see the whole picture. I was hoping to drop this, but Rod is telling lies about me in another forum. Here are some of his comments followed by my rebuttals:

"For those that have seen the "Snuffy" posts I assure you that you are seeing what he wishes to see."

I am not sure what that means. What would I wish people to see? I suspect he knows he has made himself look bad, so now he is trying to use deflection by attempting to make me look bad. I assure that I have been open and honest about everything.

"I do not put people on the top of the reply list that are obviously not investors and are more interested in using parts of information to pick things apart."

Another false accusation that is baseless. I was very interested in the managed Forex offering. I was following my standard DD. You will see that in the emails. It is obvious to me that Rod is telling lies to fit his story.

"Why would I consider sending this person priveledged information when it is obvious that they are going to post this information all over the web."

I had no intent to post on the web. For him to say that is baseless. Has anyone received this "information" at the time he wrote this? I challenge him to prove how it was obvious I was going post it on the web. He can't because there is nothing to indicate this.

"So if someone were to read the above posts they would assume that my e mail was hacked, the site was taken down due to security vulnerablilities, or that Snuffy is a reasonable man that is just trying to do his DD. All of which is false."

Once again I was doing DD as I was very interested. My article below tells the story as well as the emails I have posted in this blog post.

Here are the emails I have previously mentioned I was considering posting.

Here is the email I sent on February 14, 2006. I have edited the trader's name because I now know Rod wishes his name not be shown in public. If you go to the Udachu Fund forum you will see this corresponds with my posts in which I said I sent an email. Assuming my posts have not been deleted. If they have been deleted or changed I have taken the precaution of saving them.

--------------------------------------------------------

Hi Rod,

I saw your post regarding the managed Forex account offering traded by *name edited*. I asked some questions in the forum, but I was told it would be best to contact you via email. I am interested in this offering, but I need to do some proper DD first.

Would you have information about past performance, trading strategy, trading proof, leverage used, drawdown, etc.?

Regards,

Snuffy

http://www.snuffyinvest.com

--------------------------------------------------------

Then there is an email that proves Rod is lying in the comments I posted above. On February 22, 2006 I received an email with the details of the conference call. Now why would I be sent this email if he thought I was not really interested in investing? It doesn't add up.

The next email is from Rod on February 24, 2006. It is a reply to my original inquiry asking for more information about the managed Forex offering. Yet it did not address my questions. I have no idea why he took the time to send this.

--------------------------------------------------------

Hi,

Saw your posts. Very interesting. You also claim to be a member of UdachuFund but there is no record of that. You were a little harsh with your posts. It is really ashame because almost all of your post was uninformed. For the record I was not referring to you when I made a post about the speculation. It was someone else that had posted what the monthly returns would most likely be. They had been deleted prior to reading that I guess. Also for the record I do not have access to the administration of the UdachuFund Forum. I never deleted anything any one said. I couldn't if I wanted to. Your claims of leverage are way off. I have been trading for over 25 years. I have taught Technical Analysis all over the world and have writted 7 published training manuals and trading strategy books. I know what I am doing. I am not one of these little HYIP punks that reads an article on Forex and decides to be an IB. There are some very big investors in UdachuFund. They often come up with requests that I try to fulfill. One of them has been for us to offer managed Forex accounts. This is why I have done what I have done. It took me a very long time to find the best trader for the job. The requirements for trading for Udachu are some of the strictest in the industry. We require at least 5 years proof of trading institutional accounts in excess of 1 billion dollars, as well as a proven multi arena strategy portfolio with various money management regs. That is just the start. Leverage is a moot point. it does not matter if you use 1 to 1 or 1000 to 1 if you only are using 5% risk. Telling someone to run if they use 100% is nothing less than a very naive and ignorant viewpoint. No offense meant. But before you claim to be a member of Udachu and start calling me a liar I suggest you do a little DD and see just what type of people you are talking about. You may be surpised. We are not all 20 year old kids in India working out of an Internet Cafe.

Rod

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Suffice it to say, I found his email very confusing. I composed a reply, but decided not to send it yet. When I woke up the next morning and checked my email I found a blog comment notification with his comment inside. It was the first comment he left on the blog article "Managed Accounts…Are They Really Safe???". You can see for yourself he was taunting me about not replying. Once again, I found his actions confusing. I sent the email I had written and then replied to his blog comment which you can see in the comment section of that article.

Now that you have a better timeline for what happened, here is my email reply to him sent February 26, 2006:

--------------------------------------------------------

Rod,

At first I really didn't know what to say about your reply. It did not address my original email inquiry, but rather contains claims I was saying certain things or acted a certain way when that is clearly not the case.

I don't know how you are coming to these conclusions. Perhaps you have mistaken me for someone else. Would you kindly show me where I claimed to be a member of Udachu Fund? A link will suffice. I have also never said you have administrative access to the Udachu Fund forum.

How do you have access to the Udachu Fund to check if I am a member? I understand Tom now manages Udachu Fund.

My intent in going to the Udachu Fund forum was to seek DD as I was interested in joining. So why would I say I was a member? Once again, please prove I have said I am or ever was a member.

"But before you claim to be a member of Udachu and start calling me a liar I suggest you do a little DD and see just what type of people you are talking about. You may be surpised."

Actually I was surprised, but not in the way I hoped for. I always hope to find a good investment so I can diversify further and share that knowledge with fellow investors.

I have done my DD and this is what I have found so far. Based on what I have found I do not feel I need to proceed any further. Keep in mind while reading this, part of DD is looking at the people involved in running it. When looking at any business I feel management is most important. Even a company with the best product will not fare well if it is not managed well. I know you claim to no longer be managing Udachu Fund, but based on what I have seen I believe that is not the reality of the situation. At a minimum you still have a very strong influence in the decisions of Udachu Fund. The fact you admit to checking if I am a member is an indicator of this.

During my DD for Udachu Fund I was told by other members there are no proof of earnings. I was truly hoping to find proof because the returns for Udachu Fund are quite nice and I would have considered joining had there been any.

I also found you had lied in the past. Such as your claim of a "close working relationship" with Steve Chesnowitz of Chart Candle. See question #5:
http://hyip-navigator.com/interview.php?num=31

The truth is at that time you had only called Steve a total of one time. Another lie would be your email to me saying I claimed to be a member of Udachu Fund. I consider integrity the most important quality of management.

In addition, you seem to get agitated easily and are bad tempered based on what people have told me and what I have read.

I have also noticed you are what is known as a "big talker". Basically boastful and known to exaggerate. Someone behaving professionally with integrity will not do this. Your claim about Chart Candle is one indicator of this. Your email to me is also an example of boasting:

"I have taught Technical Analysis all over the world and have writted 7 published training manuals and trading strategy books."

Would you mind sharing the names of the 7 manuals and books you have "writted"?

I have also found in the past members were told they would receive an update every month and allowed to vote for programs. Those who voted "no" were free to leave Udachu Fund. Doesn't that contradict the purpose of voting??

Also I have found sometimes you do not behave in a professional manner. A prime example is your email to me in reply to my inquiry about the managed Forex service you are currently offering. Your response was unprofessional and it did not address what I was asking. I still have no additional facts about the trader and his service. Not even a simple performance history. Normally someone wanting to attract investors with a legitimate investment will gladly field questions to satisfy the doubts of an investor.

As I mentioned, my point was to take a look at the people who run Udachu Fund as part of my DD. That appears to be unstable. Would you trust your hard earned capital in the hands of someone exhibiting all the qualities I have listed?

In the email to me you have said what you require as proof from a trader. Yet absolutely none of this "proof" has been shared in your reply to my inquiry asking for proof. Furthermore, your posts on the Udachu Fund forum were quite defensive regarding this matter. If I was wrong, in your opinion, then you could have easily corrected me and backed it up with an example and/or proof. I think having a discussion of that type on the forum would have educated fellow forum members, thus making them more informed.

"It is really ashame because almost all of your post was uninformed."

It is a shame because I was trying to become informed about the managed accounts. Yet my attempts to do so have been blocked by you. This is a contradiction from you, much like the past Udachu Fund voting I mentioned. Another contradict is you encourage investors due their due diligence, yet when they do so regarding your investment offerings it is met with opposition.

Your comments about leverage do not make sense as well. Do you understand the difference between account leverage vs. trading leverage? I made it clear I was discussing trade leverage in 3 different posts in the managed account thread:

http://www.udachufundforum.com/forums/showpost.php?p=1377&postcount=40

http://www.udachufundforum.com/forums/showpost.php?p=1377&postcount=45

http://www.udachufundforum.com/forums/showpost.php?p=1377&postcount=49

Your comments about leverage alone have said enough regarding your ability to scrutinize a Forex trader. I understand what you are saying about risking a percentage of an account. However, to say I am naive and ignorant to say leverage matters when I was clearly discussing trading leverage shows who is ignorant, and it is not me. That combined with the lack of proof and defensive behavior regarding your managed Forex offering is a red flag to not invest. I wish you luck with your trader, *name edited*, but at this time I cannot see myself investing in Udachu Fund or your managed Forex offering.

Regards,

Snuffy

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Once I sent that email his attitude started to change when he commented on my blog. Although he still felt the need to insult. Everyone can read the blog comments themselves to see the rest of the events that took place in the order it happened. After all the blog comments, he sent me another email. In this one he at least seems more reasonable. Had he been this reasonable in the first place I think this whole mess could have been avoided.

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Hi,

I apologise if I came across as rude and out of line. Please try to understand that I am a very busy person. I do not have the time to address all of the nonsense that comes up from misinformation. That interview that you are talking about was not mine. I have never mentioned a traders name EVER on any forum. Steve has a program that is one of the lowest paying out there. I have never invested with him. As far as you saying you were a member of UdachuFund, one of your posts stated that you were. I am not the admin of UdachuFund. But I own Vielka Cielo Corp which owns UdachuFund so of course I can request information when ever I need to. There were many posts on that thread that was very dangerous information because if it being wrong. There was a lot of speculation going on. I have not advertised the managed accounts. These were made available to UdachFund members. I have a lot of long time investors that know me well and trust me completely. Many of them are traders themselves that I have taught, use my manuals and strategies and know how I conduct my DD. This is why it is inappropriate for someone who is not a member to come on the members forums and start telling them they should run if a trader is doing something. If I were advertising these accounts it would be a different story. Posting a traders name is just wrong. And when I saw that *name edited* had his name posted on my forum I was furious. It is a private forum for UdachuFund members. These members know to stay within the guidelines. When an outsider comes on there and says anything negative then I will talk to the moderator and ask him to remove it. Not for censorship but to keep my investors comfortable in knowing that their funds are in good hands. When I saw that you copied the private forum and posted it somewhere else of course I was angry. I have every right to be angry. As far as insulting my investors I have to disagree. There is a huge difference between what is considered an HYIP and a diversified fund. You painted a picture of me being just an IB trying to make a few bucks. You are way off base. I brought the managed accounts to the members because they asked for them. I own 13 companies and have very little time to devote to these projects. But I try to accommodate the requests of members. The last thing I need is someone trying to pick it apart when they are not even one of the members and then I am forced to justify myself. The paltry amount of money I would make as an IB is of no interest to me at all. I have 500k invested with this trader of my own money so of course I have done my DD. Most of the members rely on my knowledge and judgement and follow my lead. So your warnings were out of place. That is not to say that I do not provide the DD when any one wants it. So if you do not mind please stay off from the Udachu Forum and I will stay away from your Blog. It is very apparent that you have no desire to invest with us which is fine so there is no reason to voice your opinions there. Again if I offended you I am sorry. My only defense is that I am tired of dealing with mis quotes and accusations that are based on things that are not fully accurate.

Regards,

Rod

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Now I have a better idea where Rod is coming from. If he had said any of this was not to be discussed in a public setting then I never would have asked any questions on the Udachu Fund forum. I do disagree with him when he says "And when I saw that *name edited* had his name posted on my forum I was furious.". The traders name is on the forum because he posted links to the applications which contain the trader's name. In my opinion, if this was to be kept a secret then those forms should have only been distributed in private and he should have stated the need for confidentiality when he first posted the thread. He says it is a private forum, but anyone can access it without logging in.

I noticed Rod is still saying this, "As far as you saying you were a member of UdachuFund, one of your posts stated that you were."

I have asked him multiple times to prove this. He has yet to do so. I hardly have any posts on that forum, so it would be easy for him to check. As I mentioned, I saved my posts in case someone tries to change it. People reading this may be thinking....why does Snuffy care? The point is I highly value integrity and by Rod saying this lie he is questioning mine. This is wrong and I think he needs to either produce proof of his claim or admit he is wrong. I suspect he may have misread something.

Anyway I hope this closes this matter.

On another note, I have seen some people that have read the article saying....how can a managed Forex account service scam someone. If you feel this may I strongly urge you read the article again. Read it many times if you are considering this as an investment vehicle. It is more common then you think. I would hate for anyone to learn this lesson the hard way. It can be a very expensive lesson to learn. ;)

Managed Accounts…Are They Really Safe???

2006-02-20T16:19:00.000-08:00

For awhile I have been noticing an increasing trend of HYIP investors showing interest in managed accounts, typically Forex.

The term “MA” has even been coined as a result of the growing interest in this. If someone said “MA” in a Forex forum they would be referring to a “moving average”.

As a result of this trend, I have seen “MA” services providers and middlemen appearing more frequently in HYIP forums. The market for this is growing and they are stepping up to take advantage of it. This may not necessarily be a good thing. It will likely cause an increase of them and many will form one just to take advantage of people that have yet to be educated about “MA”.

I have seen people ranging from a guy that had a successful backtest on a MT4 EA and thinks he has gold, to an amateur turned IB (middleman) that found a trader and doesn't know what a good trader is and just cares about his IB fees/commission, and then there are managed account services looking for clients.

Here is an example. I recently joined the Udachu Fund forum because I was interested in joining the fund, but that is another story. In the forum I noticed a thread for a managed account service offering.

Here is the title and link to that thread:

Managed Forex Account (100% your control) But high profits!

That is certainly enough to make someone curious. Who wouldn't be interested in high profits? When I clicked the link I was surprised to find there were only forms to apply for the service. Not even something as basic as performance history was present. In fact, I had heard of the trader before. I previously ran across someone offering the same trader under the same conditions….”20% of new profits based on monthly highwater mark” and “3 pips per round turn”!!!

When I asked for more information from the other person offering the same trader my questions were conveniently ignored. So naturally I wanted to learn more details thinking Rod Spiller of Udachu could fill in the gaps. This is normal to want to know more facts before investing. Wouldn't anyone want to know?

Well you can read the thread yourself to see what happened. By page 3 of the thread you will notice people are already investing without knowing any further details!!! I was asking legitimate questions and at the same time offering a little education so investors would think about it before jumping in. I am by no means an expert, but thought I could share what I know.

In the end, I was accused of speculating and criticizing, which I was clearly not doing. In fact, when I posted to clarify I was doing no such thing….my post was deleted!!

Here is proof:

Link to screenshot before the deletion: The Evidence :)

Link to screenshot after the deletion

As you can see, my post is now missing.

I was very surprised by the defensive nature in the forum, especially from Rod himself. As the person presenting this opportunity he should be fielding questions regarding it. When I come across a lack of willingness to provide details and proof I consider this a red flag. It is only natural for an investor to ask such questions before taking the plunge.

I was told in PM that Rod was doing everyone a favor by offering this. I totally disagree. Rod is the IB (Introducing Broker). Think of an IB as a person getting referral income….and yes an IB does make money from this. He introduces the opportunity and is compensated for it. Go to a Forex broker website and look for “Introducing Broker”. An IB makes money whether the trader makes winning or losing trades. I consider this a conflict of interest. In this position he doesn’t need to have your best interests in mind, he gets paid either way.

In addition, someone on the forum said:

“I have seen this guy is working with a few other groups on the internet as well....”

Rod’s reply to that was:

“Be careful because many of these posts people are seeing are not involved with Chris. In fact he has not even heard of many of them.”

Why would it matter? I have seen others using the same trader and broker. Rod is likely saying this to protect his IB income.

The sad thing is many will jump into a “MA” and do so without trading proof or any type of due diligence. Just like in the example above. They will do it simply because it is a "MA" and think they can't lose because the trader can't run with the money. That is HYIP investor type of thinking. At least with a Ponzi we have a chance to use timing to make something from it.

A managed account is real trading and losses do occur. The trader can easily blow-out your account. Let’s say the trader trades your account down to 30% of what it started at and is no longer able to trade it. Then what happens? Nothing! You were told trading is risky. Not a problem for the trader. The trader just doesn’t get a performance fee. The trader had nothing to lose by trading YOUR money. Not to mention the IB that also had nothing to lose. In fact, the IB is in a winning situation. The IB has no money at risk unless the IB has also invested.

In the end, HYIP investors will need to become more educated in this matter if they want to start utilizing managed accounts. Otherwise they will learn some hard lessons. “MA” could be a scam in another form that HYIP investors may not recognize. New types of scams are always being invented on the internet and “MA” could be one of them. I am not saying all “MA” are. It is up to the investor to educate themselves and decide which ones are scams. Know the pitfalls and what the person offering it has to gain as well as their other possible hidden agendas.

Just because it is a managed account doesn’t make it a golden goose. ;)

AlienTrust / Stormpay Update

2006-02-04T09:29:00.000-08:00

At the moment there appears to be conflicting stories between Stormpay and autosurf programs. Stormpay has locked all autosurf accounts they have found claiming they are a Ponzi and not allowed. I find this ironic considering the link below.

Tennessee Securities Division vs. Stormpay

My AlienTrust balance is now zero. I was due my first payment via Stormpay yesterday. Many are suggesting calling your credit card company and requesting a changeback to Stormpay. Keep an eye on the forums to see how this develops and the best course of action to take. Make sure to separate drama from fact when reading the forums. ;)

Moving on to another autosurf.....I joined Surf Frenzy on Jan. 23rd. with a very small e-gold upgrade. This doesn't appear to be getting much attention so this could be one to last long enough to get my principal out. I like that it accepts e-gold...also EMO and FSPay. On Jan. 31st they decided to eliminate Stormpay due to them demanding they be the only processor. This turned out to be a good move. :)

Alien Trust Autosurf

2006-01-19T19:48:00.000-08:00

Now that I am back from vacation I can look at the autosurfs out there and join without worrying about missing a day. :)

Today I joined Alien Trust. At this point it appears it's on its way to replacing the highly popular 12DailyPro. I missed the boat for 12DP because I didn't want to join late in the game. Alien Trust appears to still have momentum on its side which should enable me to get ahead and grow profits. Hopefully there will be no bumps in the road to derail Alien Trust.

The downside of Alien Trust at the moment is they only accept StormPay which is known for its historically high fees. Fortunately, StormPay has lowered them to make it worth using. The catch is the fees are still high for receiving money, but can be lowered if you are NetIBA certified. I have submitted my NetIBA e-mail certification today to be proactive for when I am paid by Alien Trust. The NetIBA e-mail certification costs $19.95 and expires in 1 year. I consider it worth it given the significant StormPay receiving fee reduction.

Ironically, NetIBA certification only accepts StormPay as payment.

NSFG Managed FX Account

2006-01-18T05:44:00.000-08:00

I have been on vacation and have not updated this blog for a long time.

Right now I am focusing on reviewing the upcoming offering of NSFG Managed Forex Accounts. It will be available February 1st of this year.

It will use a intermediate term strategy as opposed to the intraday strategy currently used by the NSFG pooled account. This strategy is new to the public so there is currently no performance history available. That is my main concern at this moment.

The minimum is $25,000 which may be high for many, but that is very reasonable for a managed Forex account. The attraction of this is as a managed account I will own the account and its funds as opposed to the NSFG pooled account in which I do not.

See the following website for more information regarding this offering:

NSFG Managed Forex Account

NSFG Monthly Earnings

2005-12-02T18:12:00.000-08:00

November was a great month for NSFG. The yield after the 25% trader fee was a very impresssive 32.01%!!

Here is an angle many do not think about. A possible downside to earnings that high. Yes, there is one. Some investors may think that is normal which sets expectations high for future months. Numbers like this can attract greedy investors that can become restless when the following months don't produce quite as impressive returns.

NSFG is a real investment and not a HYIP type program promising outrageous returns. Hopefully the advertisement of this opportunity in HYIP forums will not bring impatient and greedy investors with unreasonable expectations. It is for investing for the long haul and provides excellent growth, not instant riches.

Paid Response Transition Update

2005-11-21T18:00:00.000-08:00

I went to live chat this morning after hearing this speeds up the process. Live chat directed me to this thread on their forum.

Paid Exposure Forum > SUPPORT LINES > Account Transitions >
Ticket Numbers

If you already have a ticket open, go ahead and post your ticket # to that thread. Better hurry because the line is growing quick.

Blocked for 10 Days and Counting

2005-11-20T10:26:00.000-08:00

After being blocked for 10 days and no solution in sight I thought I would give the Livehelp a try. I saw something about if an account is compounding then maybe it will be unblocked.

Here is the Livehelp session I just finished:

Please wait for an operator to respond.
All operators are currently assisting others. Thanks for your patience. An operator will be with you shortly.
All operators are currently assisting others. Thanks for your patience. An operator will be with you shortly.
All operators are currently assisting others. Thanks for your patience. An operator will be with you shortly.
All operators are currently assisting others. Thanks for your patience. An operator will be with you shortly.
You are now chatting with 'Chris H.'
Chris H.: Hello, my name is Chris H. Thank you for patience!
*ST username*: Hi
Chris H.: I would ask that you please submit a ticket to http://studiotraffic.studiohelpdesk.com/ with the subject, "Blocked Account - USA". Also, please review the following link for more clarification http://www.studiotraffic.org/forum/showpost.php?p=257660&postcount=574 Is there anything else I can help you with?
Chris H.: Please see above.
*ST username*: I already submitted a ticket.
*ST username*: Should I submit another?
*ST username*: *ticket number edited*
Chris H.: You will need to await a reply to that ticket please and thanks.
*ST username*: Last Update: 20 Nov 2005 12:56 AM Last Replier: *ST username* Status: Open Department: USA Members Created On: 10 Nov 2005 10:55 AM
*ST username*: They reply, but the replies never answer my questions
*ST username*: If I set my accounts to compounding would that unblock them?
Chris H.: No.
*ST username*: That is why I contacted this helpdesk. Because I am not getting anywhere with the ticket I submitted on Nov. 10
Chris H.: unfortunately we do not have staff here that can help on the blocked issue. That is why we ask members to submit a ticket, our staff are very busy as well. So I am sorry about the wait.
*ST username*: I have a ticket since Nov. 10 with 2 replies, but the replies are just generic replies. So obviously my ticket isn't being read. So basically there is nothing I can do?
Chris H.: On the next reply, I would ask that they describe in more detail to you about what is going on..
*ST username*: Ok, I will do that...again. Thanks anyway. It seems your hands are tied as well.

I have just replied to my ticket again and only said, "Please describe to me in more detail about what is going on."

StudioTraffic Update

2005-11-16T07:54:00.000-08:00

I have just received a reply to my ticket regarding my surfing being blocked. Obviously another scripted response. None of the questions I posed in the ticket were answered. Here is the reply from support:

Hello

As promised, we are arranging meetings for our members with regards to surfing issues.

The meetings are scheduled as follows:

10amEST, Thursday 17th and Friday 18thNovember

2pm EST, Thursday 17th andFriday 18th November

7pm EST, Wednesday 16th, Thursday17th and Friday 18th November

Please note, you are required to download the Paltalk software at www.paltalk.com and register a username. The meetings will be arranged in conference rooms and you will be advised of the name of the conference room 20 minutes prior to the meeting taking place, via email.

Please respond when you have arranged your Paltalk username and advise us of the username and your preferred meeting time. In order that every member gets a chance to speak we are limiting numbers to 20 per meeting.

Should your preferred time not be available we will reply advising you of the times that are available. Each meeting will be attended by a member of Studio Programs Management Team.

By attending the meetings you are agreeing that you will not discuss any arrangements made in, or details of, the meeting. We must insist on this in order that ever member attending feels comfortable to discuss any issue.

If you do not wish to attend one of the meetings please reply to this ticket and your discussions can be carried out privately.

Thank you for your continued support,
Shannon

Paid Response Transition News

2005-11-14T09:16:00.000-08:00

Paid Response is no longer operational. Paid Response Accounts will be merged into Paid Exposure. See the link below for the transition process and news from Paid Response.

Paid Response Transition

This is good news for Paid Response account holders worried about the future of their accounts. However, this doesn't explain the lack of communication when the Paid Response site was down. In the HYIP world this usually indicates scam or DDOS attack. Although the transition has now been announced, the confidence level of some may have been lowered by the events leading up to the transition announcement. This seems out of character because they are known for their communication to members as being their strength. It will be interesting to see how smooth this transition process will be and how these events will effect the life of the Paid Exposure program.

Christmas Approaching

2005-11-13T07:18:00.000-08:00

Just a reminder that Christmas is coming. In the HYIP world this usually means scam time, more than usual. Here are a few reasons why:

* Program admins want a Christmas bonus (i.e. run with investor's money).

* Investors want money for Christmas and start withdrawing. This can spell disaster for program admins that have not put the correct structuring in place to protect their program from a mass exodus of investor's money.

* Many programs in the HYIP world piggyback off of others which can cause a domino effect. A big one falls and many follow its lead.

Personally, I tighten up on my strategy when it comes to starting in a new program this time of year. Yes, even more conservative than I usually am. For example, an autosurf program I would usually enter any other time of year, I would pass on now. Right around Sept./Oct. is when I get into this mindset. It depends on how long a potential program would take to get my principal back. Having one's principal back is very comforting, even when using money we can afford to lose.

StudioTraffic

2005-11-12T17:03:00.000-08:00

As a US resident, my StudioTraffic accounts have been blocked from surfing. StudioTraffic has been a nice source of E-Gold for me everything month which I use to diversify into stable programs. So this is not good news for myself and other US residents. Here is the reply to my StudioTraffic ticket, not a traffic ticket :), regarding this issue.

Hi,

Some members from the United States of America, are now blocked from surfing. The reason for this is quite simple: with the recent closure of our second U.S.A. based SP office, we are not able to process the high demand of payout requests in a timely manner.

However, we have a solution for this problem. Currently we are implementing a new payment system and need time to get it established and tested. While this is in its early stages, we cannot continue to process this large number of requests.

For those of you with withdrawal requests pending from StudioPay you will be emailed with an expected payment date of your outstanding request. We will try to schedule all payments for within a week or two.

If you really need to surf now, please submit a ticket titled “USA Blocked Surfing” or respond to this ticket and let us know so we can arrange it. However, please give us a week to a month to make arrangements.

Enjoy your day!

Best regards,

Shannon
Enjoy your day!

Best regards,

Shannon

Others have received the exact same reply, even the double signature. So this is obviously a canned response from StudioTraffic. I immediately replied to the ticket saying I want to continue surfing and asked how "some" members was determined, but no response yet. Of course I want to surf...that is what I planned on doing when I joined.

This just doesn't add up. I take it as meaning StudioTraffic is running out of money. They could let us surf, but delay payouts or some other workable solution...if they have money. I also see it as a tactic to let time expire on member's upgrades. Just my opinion on the matter.

My earnings for October are still pending as well, so I am hoping that goes through. Well if StudioTraffic does die....it was nice while it lasted.

Welcome!!

2005-11-12T16:48:00.000-08:00

Welcome to my blog. I finally gave in to the blog craze. :)

I have been investing in HYIP for approximately a year now. After being scammed in the beginning I have become more conservative about where I invest in now.

I became curious about Forex early this year. Started out reading some Forex forums and tried a system which I no longer us. Luckily I exited in profit before it went south. At first Forex was overwhelming, but I see it as a challenge that I won't grow bored of. Learning Forex looks to be a long road, but one that I feel I can benefit from not just financially, but also for personal growth.