E-Currency Exchange Trading - Account Update 11/20/05

This is the Account summary from 11/19. I have made 2 digot purchases for the account this week. The purchases amounted to approx $200.

The OutXchange(s) that I told you about before, are still in the process. There are 3 OutXchanges with a dollar value of approx $673. The oldest OutXchange is 7 weeks old now. For any of you that are considering the P4 offers out there that are promising "quick profits" and other tempting garbage please read my article on this blog "E-currency Exchange - 4 Great income streams and growing". The article clearly cautions this very situation. Profits aren't profits until they are in your hands. If you can not OutXchange efficiently, then the account is just numbers. Don't be suckered. I was told a story this week about a new DXinOne trader who fell for the trickery and put $5,000 into the P4 Program. He made 10% on that money effortlessly. Or so he thought!! The reality is that the money will now sit waiting for the OutXchange process to be corrected. He will be unable to purchase digots or anything else until the funds can be OutXchanged and then brought back into the system. If he would have done his homework I doubt that he would have done the P4's at all.

The average daily profits over the last 7 days has been .15% including the allowance for fees. The strength of the US Dollar relative to the other currency remains to put a drag on the portfolio. Should this trend continue to show strength, I will probably favor the purchase of US digots over that of other Ecurrency. No drastic moves yet... Just continuing to monitor.

You can see that my "Res Bal" is $745. This is the amount currently available to purchase e-currency digots. The premiums have come down to a reasonable level so I will be purchasing more digots this week.

That is all for this week. As always, if you have any questions or comments, feel free to post them here or send an email to mailto:info@futures-brokers-review.com.