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FIB - Scams 101 - Ye Olde Archives
Posted By: ChristopherSchumacher <stillsmuthNOSPAM@netscape.net> In Response To: Some questions for Christopher... (Dave Mauder (eDave))
Tuesday, 4 January 2005, at 8:47 p.m.
Dave,
I have the same "claim control" problem as you. My claims list is easily $60k+ and no matter how hard I try, I can't seem to chip it down (although I have been getting good at not letting it increase much more).
Some of the guys I've talked to with those huge floats actually started with huge floats in the $20k range...so of course it's easier to leverage that money!
As far as slow exchanges, part of the thing we do is give people the information about where to find which currencies are moving fastest, and also which amounts are best to list. This is what really makes the CEP what it is. It isn't just a great course because of the info on the cd's, but the info on the conference calls, voice room chats, forum...etc. I am a little biased, as I actually run the forum though :)
As for my 6-8 months remark...I am on track to do just that right now. I started with $500 total...now have over $7k in various parts of the system after 4 months. The reason I'm able to do so is because we have UPDATED information on which strategies to use. DXPT's site is great, but has some very old info...and it can be misleading unless you have access to their forum, where all of the updates are at.
I'll say this much: the portfolio has far more power then anyone realizes!
And by the way...crap, I didn't know that EOS was tonight! I've got some transfers to make.
Chris
> Christopher, do you understand how these guys build up $50K floats or
> more, and not have HUGE claims lists? I don't get it... They MUST have
> huge claims list, because there is no way to build your float that large
> AND keep your claims list under control. However, working the claims list
> is a great way to get some easy extra $$$.
> The biggest problem I have is the long wait to exchange funds back out to
> ecurrency so I can do more trades. Especially since you can only list two
> OutX's per ecurrency. Are you doing P4 trades with others to get ecurrency
> faster?
> I also keep missing end of sessions, and it's ticking me off! :-( I missed
> the last two because of vacation and being sick, so that set me back 12
> days where I could have increased my portfolio by a few hundred more. I'm
> not missing tonight -- mark my words! :-)
> I disagree with your 6-8 months figure, unless you start with a couple
> thousand or more. If you can do it that quick with the DXGold system I
> know and use every day, I'd sure like to hear how.
> Dave
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