Duellatorus far from war-like forex trading…

Okay, the name Duellatorus seemed unusual so I looked it up and the latin meaning is war-like hence the post title.

Some while ago I was contacted by one of the principals from Duellatorus who was keen to tell me about this relatively new forex trading group. However, whilst the company is new the traders are not. They have worked very succesfully for well known trading organisations in the past. As in many other cases they wanted to try things for themselves and therefore set up Duellatorus.

Given that it is comparatively young the company wanted to gain some more exposure and asked me whether I would be interested in profiling their offering on my blog. I’m always keen to publicise genuine income producing opportunities so started a dialogue with them.

They pointed me in the direction of the Forex Peace Army forum where they already have a presence and that gave me some of the background I needed.

Long story short I have agreed with the group to let them do some managed trading on my behalf. I think it is important to mention that their services also include personal forex training so they have at least two strings to their bow.

Rather than write a novel suffice it to say that I will be investing some personal funds and they will be investing these on my behalf. The sum I’m investing is fairly small but I wanted a way to report on how successful their strategies are.

They have agreed that anyone else who might be interested could do the same as myself (maximum account $5,000) as long as they are recommended from my blog. Just to make it clear I would not be receiving any form of referral fee for this.

In fact I’d suggest that no-one take me up on this offer until I have something of a track-record in place. The type of trading they do can be fairly aggressive so I don’t want anyone to commit their own funds until Duellatorus can show what they can achieve.

Ignore The Master Plan advice at your peril…

Today The Master Plan horse racing bot hit a losing streak. Now, normally I’d have thrown my hands up in the air, used a few choice words and probably felt I’d made yet another bad investing choice.

And yet I didn’t. You see the advice from The Master Plan developers is based on small gains daily. For some people this may seem as exciting as watching paint dry. However, on days like today you know why they recommend what they do.

Profitable days may not promise a millionaire lifestyle but equally losing days don’t send your dreams crashing once more to the ground. So, whilst results went against me today I know it won’t take long to recoup the damage.

Hopefully my fellow Master Plan devotees are also sticking to the rules and yet I have a feeling I might be being optimistic. There is a members forum available and reading some of the posts I get the impression that some people are not heeding the advice and using higher targets than may be prudent.

I know that human nature struggles to follow instructions as many feel they know better but in the case of The Master Plan I fear that may be an unwise decision.

CherryShares look ripe for the future…

This is the first time I’ve mentioned CherryShares as too often online investments show promise only to wither on the vine shortly after.

I’ve been a member for 3 months now and interest payments are consistently being credited to my account. Withdrawals are fast and as far as I can tell this is definitely one of the more likely success stories out there.

There are several investment plans ranging from daily through longer term ones. As you’d expect the longer term plans show a good rate of interest, 9.9% weekly and this is offset by having to leave your money invested for longer. It also requires a minimum deposit of $20,000 so for many this would be an aspiration I’d think.

Short term plans require a minimum $50 deposit so are likely to be more attractive to many people. Here you can receive 1.1% daily and with this goes the ability to compound your earnings.

The reason I am making a post now is that they’ve just published an update for changes that will come into effect at the start of 2011. Sensibly in my opinion they are beginning to restrict access to some of the plans as they have obtained the funds they need going forward. Initially this will mean that no further deposits for the long term investment plan will be accepted after December 25th. So, if you do have a spare $20,000 to hand this may be a way to put it to use.

Also, I should declare an interest here as affiliate links for those with less than $5,000 in their account will no longer be active in the New Year. So, as I have less than that amount deposited I thought I’d bring CherryShares to your attention while I have a window of opportunity left to me. Of course you don’t have to sign up under my referral at all but I did want to bring it to your attention  given the steady performance to date and the upcoming changes which I believe will be for the good.

Is 15 minutes a week for 100% return really worth the effort?…

I recently attended a webinar given by Senan Pauser. He is bringing online an investment opportunity that requires 15 minutes each week. The aim is to achieve at least 100% in 12 months. He has been running a similar service offline for seven years so knows that what he has to offer works.

As he talked I was struck by one comment he made. He said that he knew for a fact that 80% of the people who signed up to his service wouldn’t stick with it. That’s right 80% of his membership would not spend 15 minutes each week on creating what would eventually become a passive income.

Is that really true? Surely anyone can spare 10 minutes on a Sunday to watch a 10 minute video and then 5 minutes on a Monday morning placing a trade following the instructions given in the video. Apparently not it seems that many will give up part way through.

Doesn’t that seem strange? The idea that for just 15 minutes a week you could achieve financial freedom in a few years and people give up part way through…perhaps some of us can’t provide the necessary focus and dedication that is needed for something like this. I know personally that what sounds simple and straightforward to one may be anything but to another.

And in a way I think part of the problem is having little or no emotional attachment. You see most people who develop systems are looking to find something where you as an individual have no choices to make. You follow the instructions, wait for the result and hopefully a profit will appear at the end of it.

Nice in theory but of course being totally detached means there is little to get excited about and so I can see why other things begin to take over and seem more important.

Senan’s point was well made and I have no doubt that it is an accurate assessment of people’s behaviour. Having said that anyone who is serious about increasing their income needs to accept that if we can’t do it through our own efforts then we can at least commit to following instructions from others who are willing to help us. We need to show the focus and diligence to follow through. Don’t tweak things or ‘just see if…’ as that isn’t what you are being asked to do. Stick to the well trodden path and accept that now and again we have to switch off our emotions if we are ever to prosper.

WBwso and a speedy withdrawal…

Over the last few weeks I had some issues when I tried to access my account WBwso. It was very slow and there was one occasion where it didn’t connect at all.

I’d seen reference to similar problems on other websites so I was a little concerned that problems might be arising.

Trying again a couple of days ago it was still somewhat slow to connect but did eventually do so. Once in the member area I noticed I had some funds that I could withdraw to AlertPay so decided to see how long it might take.

Being a Sunday I didn’t really expect any notification until the Monday morning at the earliest. I was therefore very pleasantly surprised to receive notification in my email that the withdrawal had completed within two hours of the request.

Unfortunately WBwso is closed to new members for the time being so for many this may be an academic point. However, I notice that I have a good number of referrals who joined previously but have yet to fund their account.

If that relates to you then I’d encourage you to take another look at what WBwso have to offer. There are several plans available and will suit most budgets.

BetonMarkets free webinars…

Anyone who is new to trading should be keen to learn as much as they can as they start on the road to making money.

One way that I believe has great potential is Fixed Odds Betting. Here you are able to make several types of trade and have the potential to make significant profits if you are right. The other advantage is that you always know what your maximum exposure is on any trade so it helps to support a sensible trading strategy.

The most popular fixed odds platform is BetonMarkets as it offers a good range of ways to trade and is easy to use. To spread the message about how easy their platform is to use and to provide some training on what strategies to consider they are hosting two free webinars.

The first is on Monday 18 October at 18.00 EST. This is aimed at beginners and is designed to provide an understanding of the different bets you can make and it will include some live examples of trades in action.

On Tuesday 19 October at 18.00 EST there is a webinar for more advanced users. This will explore in more depth the types of bets to consider and how you should manage sensible risk/reward strategies.

Both webinars will be hosted by Gareth Ryan of Investix. You will need to register for both sessions so why not take advantage of this free information to see if fixed odds betting is something you could use to make more money.

Muddying the waters between Imperia Invest and GPP…

I guess it was bound to happen…it seems members are getting so frustrated by the deathly silence from Imperia Invest and GPP that any supposed information coming out is being attributed to both.

Recently there was a comment to one of my posts that suggested Imperia had in fact issued debit cards and to prove it some photos were attached.

Lo and behold today there’s another blog comment showing a link to a site that purports to show the GPP debit card. Guess what, they’re both the same set of photos!

Perhaps we shouldn’t be that surprised. The lack of communication is desperately frustrating and you can’t blame people for clinging to any sign of a positive outcome.

Sadly, the photos are by no means conclusive and it is very difficult to ascertain exactly who they are from. In all of this speculation that seems to be increasing everyone is forgetting that both Imperia and GPP have categorically stated that if they haven’t published it then it is not true.

Clearly Imperia have made this more difficult by removing their site but it seems logical that they would still have email addresses and therefore a means to communicate with members.

GPP have always said that they didn’t issue the message about purchasing debit cards so members are really none the wiser.

After seeing the first set of photos I was quite encouraged and hopeful, now I shall retreat to being non-commital and wait to see if we get any official announcements from either group.

A Passive Income Opportunity by Invitation only…

One of the things I’ve learnt whilst I’ve been editing this blog is that substantial returns are possible if you have deep pockets to start with. The more I read the more I’m convinced that truly savvy investors can reap rich rewards if they know who and what to do.

For the vast majority of us however the sums needed to even be considered are way out of our league. And yet perhaps all is not lost.

I’ve been given access to a special interview recording that has the potential to offer those of us with shallower pockets the chance to invest in a passive income opportunity. The recording is highly plausible as it explains just how those who have the money, the contacts and the know-how can make significant ongoing profits.

They haven’t been badly hit by the economic recession because they knew it was going to happen way before it did and were able to mitigate any potential losses for themselves.

Now, you and I have the chance to learn more about how we might be as prepared and ready as they are. The interview is the first in a series of two. Note that you will need to listen to the full interview as you’ll need a password in order to gain access to the second one.

Rather than make the link public I’m going to ask anyone who is interested to send an email to private_at_onlineinvestingguru.com (replace _at_ with @) with the subject line ‘Interview Part One‘.

I’ll respond with the website link and then it’s up to you if you want to learn more.

Just so that you don’t waste your own time the minimum investment is likely to be $1,000 and for this they are suggesting that annual returns of 100% are possible.