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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: E-CURRENCY TRADING (ERIC)
Saturday, 22 January 2005, at 8:15 p.m.
> I noticed several posts refering to this topic. I've read through a few
> informational sites and I can't quite figure out how money is actually
> made by participants.
> Can someone explain how people make money doing this? And do it so a
> person of average intelligence could understand it. Thank you.
Hi Eric:
I see The Roadie already chimed in with some comments and warning signs. All good advice, but I've still been having some great success with DXGold. In fact, tonight is what they call "end of session" and I was able to spend about 20 minutes trading for a total profit of about $56. Then, I took the proceeeds and all available funds back into my DXGold portfolio because it will earn another 4-6% overnight tonight.
When I started at the beginning of Nov. 2004, I had invested $700 total out of my pocket. As of this moment, my portfolio is worth $4,700. I'm sure someone will ask if I'm able to pull money out and the answer is yes. In fact, several times during each 6-day session, my funds are almost fully in ecurrencies such as IntGold, egold, and eBullion. I can spend them from there if I wanted, but I always choose to trade the funds back through the system.
There was a TON of discussion here recently about this topic, but I think it all rolled off the board. Maybe MaaMaw can tell us if that thread is still available somewhere.
By best suggestion right now is to learn what you can from http://www.ecurrencyinvestor.com. Mike is a great guy and he's the one who turned me on to ecurrency trading. I get nothing by referring you to his website.
As soon as I find time, I'll be adding some info to my own website.
Dave
Over Here, Your Money Matters!
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