Browsing Category: "betonmarkets"
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.
Three Ways for Making Money…re-visited
Today I’ve decided to recap some recent posts as they are either time-sensitive or important in ensuring that you join early into an opportunity.
Firstly, Steve Hoven at Lazy Trading is selling software that will help you if you are interested in trading on the FOREX markets and specifically with a BetonMarkets account. Steve has used this programme since 2005 and has had great success with it. The idea of the software is to identify good trades on specific currency pairs. All you do is tick a currency pair on the programme interface and it will check whether there is good trading opportunity available. When you buy the Lazy Trading package for only $97 it comes with an ebook that explains exactly how and when to use the programme. Note however that Steve is only making this available until 16th October.
Next I would recommend you having a good look at giblink as it is causing quite a stir. It launches officially on 15 October and already has approaching 20,000 paid members signed up. The whole rationale behind giblink is based on the premise that it won’t matter when you actually join as the cycle system will ensure that everyone earns money. Now, I must admit that when you visit the forum there are many people trying to second-guess how the cycling will be done and when you will get paid. Personally I find this somewhat of a waste of time and effort. Tomorrow we will know more and we are promised that the back office will show you how you are cycling so I’m happy to wait until then. If giblink sounds interesting there are several recorded teleconferences that you can listen to and I would recommend that you spend some time doing this. It costs either $50 or $150 to join (with the $150 pro membership it can be fully passive).
Finally as I posted late last week John over at the Secure Your Future forum has given details of the latest venture he is offering to members. The programme is Wealthtekk and John is creating a unique way for people to become involved as he will be managing the 2×2 matrices that you can join. By having control over where people are placed John is in effect ensuring that members of his forum are able to make money quickly. It’s still very early days so there is plenty of opportunity for you to take part even if you are not currently a member. Just head over to the Secure Your Future forum and follow the detailed instructions to join up. This will then give you the opportunity to learn more about Wealthtekk and the many other programmes featured at Secure Your Future
Referral Post 011 – FOREX trading at the Click of a Mouse!
This latest post has somewhat of a time-sensitive nature about it. If you are a regular reader you will know that I am a big fan of Fixed Odds Trading at BetonMarkets and I’ve just heard of an offer that is related to this market. One of the advisory services that I’ve used for my trading came from Steve Hoven at Market Excellence.
The information provided by Steve relates to trades on the FOREX market and specifically to do with GBP/AUD and GBP/YEN. As an indicator of his success the profit return in September was 50% so you can see that this is something worth finding out about.
Well, Steve has now decided to go one step further and sell the software he uses to identify the potential trades. The time-sensitive nature comes in as Steve is only making the software available until 16th October.
The other important thing to note is that the software (and accompanying ebook) will only set you back a one-time fee of $97.
Now, Steve does make recommendations about how you have to trade so please be aware that if you want to use the recommendations on BetonMarkets that you need to run the software at specific times of the day so please bear this in mind when considering whether this is for you. You can learn more about what is on offer by going to Lazy Trading for more information.
When you’ve done that you can purchase the package from here
The BetonMarkets Trading Portal…
One of my preferred online investing methods is Fixed Odds Trading. The website BetonMarkets provides the platform for this service. Today I want to delve a little deeper into this service so you will be able to appreciate the type of opportunity that BetonMarkets offers.
The company behind the website is located in Hong Kong and trades as Regent Pacific Group Ltd. They report increasing business with a turnover of £200M achieved in the UK achieved recently. The US gambling laws prohibit the company trading in the US but this does not seem to have slowed the growth that the company has experienced.
For those who know little about BetonMarkets the best way to describe it is as a trading portal where you as an investor place trades where you know both the potential amount you will win and also the maximum amount you will lose if the trade fails. This means that trading can be controlled in a much more relaxed manner.
There are many types of trade to choose from, No Touch and Barrier Range trades are amongst the most popular. They run for a fixed period and depending on how long this is will determine the potential return from the trade. You can trade on market indices and forex currency pairs. There is a lot of choice so if you believe you can predict how your favoured market or currency will move then there is good potential for profit.
Whilst BetonMarkets provides a user friendly platform they also allow you to open a dummy account where you can practice your trading to see if it is successful. Once you are confident you can fund your account and trade for real. As with all types of trading you should only use money that you do not need for everyday living. There is clearly a risk of loss if your trade fails and given the nature of fixed odds trading you often have to wager a proportionately large amount of money to win, and it doesn’t always work.
One of the convenient things about BetonMarkets is that it can be funded in several different ways including credit card, bank transfers, bank wires and e-bullion.
Now, if you don’t feel confident enough about making your own predictions you can click on the Community tab followed by the Web Ring link. This will bring up around 30 different options of services that claim to make you a profit. If you’d like to know the ones I recommend then drop a comment on this post…
Bad money making news comes in three’s?…
You’ve probably heard the saying that bad news comes in three’s, well I’m in for two so I’ve still got one to go by the look of it. Firstly Colon End Parenthesis has been taken down by the SEC. As one of my readers, Martin Thompson put it “It makes pretty grim reading…” when he highlighted a post in the MMG forum.
Personally I like to wait a few days until the initial wave of disbelief and controversy have died down before finding out any more. This way I think much of the emotion is taken out of the situation and those who take the time to find out more have been able to provide some much needed level headed assessment. True to my word I waited and it does seem that CEP and it’s associated sites have now all been taken down and the likelihood of anyone seeing any refunds is as probable as me winning an Olympic gold medal at marbles.
There were many people who believed strongly in the program admin to the extent that they had invested large amounts of money with them and were relying on the returns to pay their way. Even if that wasn’t the case many people had invested significant amounts which now look to be gone in a stroke of a pen.
Yet another reinforcement of the lesson not to invest too much in any one investment no matter how stable the whole thing looks. Allied with this is the need to diversify any funds you have to spread the risk.
Secondly the admin at Market Excellence has been forced to suspend the investor pools that had been set up to take advantage of the FOREX advisories from Steve Hoven. This time it was the FSA in the UK that stepped in to ‘protect’ investors. It seems that a previous understanding of the pools as managed within BetonMarkets was incorrect and the FSA have now ruled that as pool investors had no direct control over their money that the arrangement contravened their rules. Luckily the news isn’t all bad as those investors who invest directly based on Steve Hoven’s recommendations are not affected.
Whilst I consider my options I have liquidated my funds from the pool and am using the advisories from City Beaters to do Fixed Odds Trading at BetonMarkets.
So, where do you think the third piece of bad online investing news is going to come from? Suggestions please…
Am I making Money Part II…
Well it’s half way through the year so time to step back and see how things have progressed over the last three months. The first quarter report can be found here and as you’ve probably realised by now I’m increasing the use of video to provide information so if you don’t want to read this post in full then you can hear my thoughts on this video.
As I recently posted I’ve decided not to continue with any more recommendations from Matt Shaw’s Fixed Odds Trading advisory service at Betonmarkets as the results have shown greater losses than gains. I’ve given this service a fair run for it’s money but I just don’t see it being consistent enough in it’s predictions. I know the markets have behaved somewhat awry over the last few months but for me Matt hasn’t been accurate enough in his forecasts. In somewhat of a similar fashion I’m not trading using recommendations from Martin Cornish of Market Excellence as whilst his advisories have been more reliable than Matt’s the returns on each trade has been small and consequently you are risking quite a high stake for a small return. I’m in the Steve Hoven FOREX trading pool at Market Excellence and will let this run on auto pilot.
The one bright light in the Fixed Odds trading arena is with City Beaters as I’m currently part way through my 28 day free trial period and already have 3 successful trades under my belt. The recommendations are made on FOREX pairs with returns of around 12% to 15% over a 7 day period. Also, the Nash brothers who run it provide useful updates on trades in-running and monthly advisories on currency trading in general. Well worth checking out in my opinion.
The most recent hiatus for me has been the problems associated with Colon End Parenthesis and GHPI which I reported on. It’s extremely frustrating to see what have been reliable paying opportunities suddenly stumble. The ensuing hue and cry and ill advised speculation creates a highly unstable atmosphere which in turn becomes a deepening crisis. In the case of Colon End Parenthesis the company is being informally investigated by the SEC and there is no clear indication of when a resolution will be reached. Rather more encouragingly GHPI seems to be slowly getting back on track mainly due to the efforts of the admin who seems to go the extra mile for his clients. That’s not to say that I think he handled everything in a wholly professional manner when things first started to go wrong but reading between the lines he does seem to have been reacting to negative elements from some members.
On a more positive note my recent post about CEP Coast does show that there is still opportunity to earn whilst some of these issues are being resolved.
Still waiting for the first bonus cheque from Shop Right (first promised for October 2006).
Still very much medium to long term both Sharndor and Divinius Opulentis are moving forward slowly.
On the gold front I was encouraged to see a recent press report from Goldman Sachs that predicted the price of gold rising to $1,000 an ounce (currently sits around $615 an ounce). So my regular contributions to Bullion Vault may well prove a sound move. All the reports I see about precious metals are bullish so it’s probably a good idea to hold a small portion on funds invested here.
Another program that is taking some time to re-establish itself is Fantastic Pay as they transition to Pot of Gold Real estate. Reading the forums you again get a mix of optimism and pessimism and whilst I can understand people’s needs to hear news both good (preferably) or bad there’s little that can be done until the admin decides otherwise. Another one where patience is very much a virtue.
In the last review I noticed that Global Pension Plan was approaching 50,000 out of its 100,000 target for membership. So, in the last three months over 20,000 members have joined, encouraging news to say the least. One small personal disappointment for me was that when I ran a competition with a prize of a full Global Pension Plan membership I didn’t receive any entries so I still have two memberships available (hint, hint). Recently I wrote a post about Imperia Invest which is a Traded Endowment Policy (TEP). For an investment of $50 you have the potential to earn $134,000. Thanks to Don Mills for spotting this one.
Overall I think you could say that my results have been relatively disappointing and I am now waiting for others to resolve various issues before I can see any real positive movement. However I should repeat that I am in this for the long term so onward and upward!
It’s clear from the above that relying on others to provide a steady passive income has its drawbacks and whilst I’ve always known this to be a risk I had never found a business that I wanted to get involved with so that I could have some influence over my own destiny.
Recently that has changed with my joining the MyVideoTalk business as I truly believe that there is a huge market potential for their products. Starting at just $5.95 a month you can send full colour video emails to family, friends, business associates, clients and prospects. Couple this with user friendly web based video conferencing starting at $69.95 per month for 5 users and you really have a strong stable of products. More exciting developments are in the pipeline so the future is really bright. I’m looking for a select number of people to join the business as my associate. If this sounds of interest please send an email to me here
Making Money with Fixed Odds…or not
It’s been some time since I’ve mentioned how things are going with the various advisory services I’ve been using with my BetonMarkets account and I’m afraid the news is not that encouraging although I’m hoping for things to improve.
The first advisory service I started to use was from Matt Shaw and the performance has been very patchy. I reported at the end of last year that his recommendations were continually failing and whilst he acknowledged this he hoped that things would improve in 2007. And, for a time things did seem to get better but lately the successes have been few and far between. This is doubly frustrating as I’d decided to be more conservative on each of his recommendations anyway so where he might recommend a trade giving a potential 30% profit say I would actually use a more conservative level of 15% perhaps and even this strategy has not been that successful. So, for the time being I’ve decided not to trade any more of Matt’s recommendations.
The next service I went for was from Market Excellence and I chose the advisories by Martin Cornish. Now Martin plays a very conservative strategy with the vast majority of recommendations providing in the region of a 3% profit if successful. Whilst this can provide some comfort it does mean that if the trade fails you are likely to use quite a big chunk of money as you have to risk a relatively high amount as your stake, so for example if you were looking to achieve £100 then with a 3% profit margin you would be risking around £97 so if this fails it can be significant.
Unfortunately for Martin he has had trades move against him and this seems to have triggered an even more conservative approach (not that I’m saying that’s wrong) to the extent that recommendations are now few and far between. As the markets settle down (if they ever do) then I’m sure Martin will feel more confident about trading more actively but for the moment this is a fairly quiet area.
As well as Martin’s advisories I’ve also subscribed to those from Steve Hoven at Market Excellence although I don’t trade personally as I use the pool trading that is available. Steve trades specific currency pairs on the FOREX market and advises his recommendations on Monday through Wednesday. As luck would have it immediately after I joined there were a string of poor results that meant my account took something of a nosedive (is it me?). Since then there has been something of a revival although June is proving quite a challenge. I’m happy to stick with this for the time being as it may well turn out okay in the longer term.
Finally I should mention CityBeaters as they recently re-started their FOREX advisory service and I’ve just started the 28 day free trial. So far there have been two recommendations which are for 7 days each and which seem to be behaving as expected for the moment. Hopefully this service will be the light at the end of my Fixed Odds tunnel, we shall just have to wait and see.
Citybeaters aim to make money on FOREX….
In the first couple of months of this year I mentioned an additional advisory service, Citybeaters that I was trialling with my BetonMarkets account. The service is run by two brothers who trade the FOREX element at BetonMarkets and have produced some good results. Just after starting the trial I received an email to say that the service was being suspended as both men were very busy on other ventures.
Today I received an email to say that Citybeaters is now resuming service. This is good news as I didn’t get enough time previously to fully evaluate how profitable it might be. Previously the service was offered on a free 21 day trial basis which turned out to be somewhat short for a proper assessment as advisories were not made that often and if you hit the wrong time in the trial period you may not have been able to fully validate the recommendations.
This shortcoming has now been acknowledged and the trial has been extended for a further week to a full 28 days. There is also a change of responsibility going forward as the two brothers are effectively swapping roles. Previously Graeme was the main trader for the service, now his brother Chris will take the day to day responsibility for advising of trades with Graeme acting as a consultant. Prior to the re-launch Chris has successfully predicted 21 trades so hopefully this service will continue to prosper.
For those readers who are unfamiliar with BetonMarkets they offer a fixed odds betting service where individuals can trade on movements in the major stock indices and the FOREX markets. This form of trading can be attractive as you always know what your potential profit will be assuming the trade expires successfully. This also means of course that you know what any potential loss might be and it can never be forgotten that losses do happen, hence the need to only trade with funds that you can afford to lose.
Am I making Money?…
In my post The Ups and Downs of 2006 I reviewed where I was in relation to the investments that I was actively trading at that time. Now, at the end of the first quarter of 2007 I thought I’d do another quick review to see what progress, if any, has been made in the past three months.
I’ve not really done any more with my Sports Arbitrage trading at Risk Free Profit as I’ve maintained my focus for active trading on Fixed Odds Trading using the recommendations from Matt Shaw and more recently the Market Excellence service from Martin Corkish. Overall results have been mixed as many of Matt’s recommendations took a dive in the early part of the year. Things have started to improve but I am still using a fairly conservative approach where his recommendations are concerned so that I limit the risk even more. I’ve explained previously that Martin uses a very conservative trading strategy so whilst his recommendations have traded well the returns are fairly modest.
As a way to increase the returns from Market Excellence I also joined the trading club where Steve Hoven makes trades on FOREX. Unfortunately as soon as I joined the results dived and March has been a fairly disastrous month. The one good thing is that I am guaranteed to make a profit before any more fees are paid so I am hopeful that April will start to turn things round.
My account at FXIG has now been moved to Sharndor and it has taken some considerable time for funds to migrate across. The trader has resolved to expend all his efforts on bringing the trading back to profit as soon as possible but there is always a threat that impatient investors may scupper his plans. Luckily I was able to recoup more than my original investment so I’m now using profits when and if trading resumes. Again time has been somewhat unkind to Divinius Opulentis as progress was expected before now but fortunately some good news right at the end of March should see things accelerate in the very near future.
One of the shining lights in the last quarter has been CEP Coast and the whole CEP family of programs. CEP Coast continues to pay out at 2%+ a day and as I reported in mid-February they are now in a position where the returns are guaranteed. If I was starting out in online investment I would make sure that CEP Coast was the first program I joined.
Whilst I’ve been happy with Fantastic Pay as an investment they have encountered problems and are currently working through the resolution of these. This is not a major area of concern as I’m positive that they will come through and be stronger for it. Investors are still waiting for the first bonus cheques to arrive from Shop Right so performance here is somewhat below expectations. Having said that the organisation is still marketing strongly and provides a very positive outlook.
Since the New Year I’ve also started to invest in gold by way of Bullion Vault and GoldClaim although the offerings from both are different. With Bullion Vault you can purchase gold directly and it will be held in the vault of your choice in London, Zurich or New York. I make a monthly payment so that over time I hope to have a reasonable portion of my investment here. On the other hand GoldClaim use the money you invest for projects that they are involved with. At the the end of a defined period the aim is to return your funds and profit so that you can then buy gold coins. Recently the Admin advised that payments were being suspended for 120 days due to problems with banks so I would caution anyone thinking about investing in GoldClaim to hold fire for the time being.
Another worth an honourable mention is Global Pension Plan as is it fast approaching 50,000 members and the forecast is that the 100,000 target will be reached in September this year.
So, what’s the verdict for the past three months? Well whilst some programs have performed well others have under-performed so I would say that I haven’t advanced as much as I’d hoped. This doesn’t mean to say that all is lost, mine is a long term strategy and I can see very positive signs in many areas. Let’s see what the next three months brings.
Positive Vibes
February was a good month for members of the Steve Hoven trading club at BetonMarkets. The monthly report shows that returns equalled 20% growth on the unit price. This equates to 42% growth since inception, I’m sure you will agree that this is an enviable result.
Steve trades on the FOREX markets by providing recommendations based on the currency pairs GBP/AUD and GBP/JPY. Each day there will be an email at around 12.45 pm giving his views of the market and whether he feels that there will be a trade to execute later in the day.If you choose to trade yourself you just have to be at your computer at 19.45 and 20.15 on Monday, Tuesday and Wednesday evenings. The first trade will be the GBP/AUD and the second will be the GBP/JPY. As is the nature of the markets there will not always be a recommendation, you just have to wait for the next one.
To ensure that you are able to place the trade in the short time you have available Steve uses Yahoo Instant Messenger to send his recommendations. This makes it more reliable than email.
If you don’t want to trade yourself you can join Steve’s club at BetonMarkets and transfer funds into it (they only work in US$ so there may be conversion costs involved) and then just check your account when you need to. I should mention that there will be a limit on the number of members allowed in the club and at the time of writing there are less than 100 place left.
There’s nothing to stop you trading personally and joining the club so if there are times when you can’t get to a computer you know that any trades will be active for you in the club.
There are various membership options to join the Steve Hoven club starting from £79 for 3 months membership going to 12 months membership for just £249.
