Ecurrency Trading- Account Update 9/23/06 and other news
This is the Account summary from 9/23.
Portfolio Value: $8,849.00
Res Balance: $726.58
Currency Exchange effect (7 day): $1.16
Two important items to share in this posting:
First, I am happy to report that the days of waiting months for OutExchanges to be processed may have come to an end (hopefully). On Friday 9/22 I initiated a $200 OutExchange to my e-gold account. When I checked the account a few hours later the transaction had been completed. DxSynergy has indicated that with the launch of the G2 system, the OutExchange process would improve greatly. So far it looks like it is working.
Second really important item: The G2 system has been in operation for about 30 days now. The gains are not what they used to be but I am confident that this will improve as the system matures. You will notice that I am now posting the "Currency Exchange effect (7 Day)" along with the portfolio value and Reserve Balance. The impact of Currency flucuation versus the base portfolio currency is very apparent in the new system. This is partially due to the fact that the daily gains are lower than previously experienced.
This impact can be positive or negative to the performance of the portfolio. In simple terms... If your porfolio is based in USD and the US dollar is rising, you do not want to buy non-US digots because the exchange rates will be dropping. My best example of this is in early September the US dollar staged a rally against most other major currencies. From September 6 through Sept. 12 the effect of this was that the Currency Exchange had a negative effect on by portfolio in the amount of $92.93. The daily gains on the digots I hold absorbed about half of that loss and the exchange rates have since worked in my favor, my point is that at the current level of gains, one needs to be aware of trends in the currency markets. On the positive side...This represents an opportunity to optimize the portfolio performance like never before! I am working on some strategies to do just that. If you have any ideas, questions or comments on this just post a comment here or send me an email (link is toward the bottom of this post).
I currently have no OutXchanges.
The average daily profits over the last 7 days has been .104% including the Currency Exchange. Doesn't sound like much, but remember this is daily compounding. My ecurrency Trading Porfolio is heavily weighed in US based digots. The exact % is ever changing but it is currently about 30% of the portfolio value.
You can see that my "Res Bal" is over $720. This is the amount currently available to purchase e-currency digots.
DxInOne has launched the G2 program. This replaces the former portfolio and has eliminated some of the major fees associated with holding a portfolio. They have also changed the name from DxInOne to DxSynergy. Eliminating the monthly fees will add between 3 and 4% to profits monthly and in addition to that DxSynergy has indicated that daily profits should increase. Time will tell.
There remains 1 and only 1 program that I recommend. Gary Jezorski has helped thousands to successfully navigate the complexities of ecurrency trading. Gary's simplified and methodical approach is way ahead of anything that DxSynergy is doing. There is a link to Gary's Website in the right hand column.
Visit E currency Website for additional information.
Day Trading Made Easy
I completed this course back in April and I must say...I am blown away. The simple approach is the key to success in trading. This one is really simple. Here are the highlights:
No experience required (actually the results for trading novices is better)
No market knowledge needed
Work as much or as little as you want
All you need is Internet access
Great work from home opportunity
Click on the link and sign-up for the free report: Day Trading Made Easy
Are you interested in Forex Trading but don't know where to start?
I have found a free Video Course that is taking the Forex Industry by storm. Learn at your own pace, learn in the comfort of your home and best of all...it is FREE.
Click on this link and sign-up for your Free Course. Forex Trading Video
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.
Be sure and grab the free Download at the top of this page. If you are doing any Marketing on the Internet, you need to look at this. And besides...It is free!!
Learn e-Currency Trading by reading this 4 Part series. Also visit eCurrency Trading Website for more related information.
Portfolio Value: $8,849.00
Res Balance: $726.58
Currency Exchange effect (7 day): $1.16
Two important items to share in this posting:
First, I am happy to report that the days of waiting months for OutExchanges to be processed may have come to an end (hopefully). On Friday 9/22 I initiated a $200 OutExchange to my e-gold account. When I checked the account a few hours later the transaction had been completed. DxSynergy has indicated that with the launch of the G2 system, the OutExchange process would improve greatly. So far it looks like it is working.
Second really important item: The G2 system has been in operation for about 30 days now. The gains are not what they used to be but I am confident that this will improve as the system matures. You will notice that I am now posting the "Currency Exchange effect (7 Day)" along with the portfolio value and Reserve Balance. The impact of Currency flucuation versus the base portfolio currency is very apparent in the new system. This is partially due to the fact that the daily gains are lower than previously experienced.
This impact can be positive or negative to the performance of the portfolio. In simple terms... If your porfolio is based in USD and the US dollar is rising, you do not want to buy non-US digots because the exchange rates will be dropping. My best example of this is in early September the US dollar staged a rally against most other major currencies. From September 6 through Sept. 12 the effect of this was that the Currency Exchange had a negative effect on by portfolio in the amount of $92.93. The daily gains on the digots I hold absorbed about half of that loss and the exchange rates have since worked in my favor, my point is that at the current level of gains, one needs to be aware of trends in the currency markets. On the positive side...This represents an opportunity to optimize the portfolio performance like never before! I am working on some strategies to do just that. If you have any ideas, questions or comments on this just post a comment here or send me an email (link is toward the bottom of this post).
I currently have no OutXchanges.
The average daily profits over the last 7 days has been .104% including the Currency Exchange. Doesn't sound like much, but remember this is daily compounding. My ecurrency Trading Porfolio is heavily weighed in US based digots. The exact % is ever changing but it is currently about 30% of the portfolio value.
You can see that my "Res Bal" is over $720. This is the amount currently available to purchase e-currency digots.
DxInOne has launched the G2 program. This replaces the former portfolio and has eliminated some of the major fees associated with holding a portfolio. They have also changed the name from DxInOne to DxSynergy. Eliminating the monthly fees will add between 3 and 4% to profits monthly and in addition to that DxSynergy has indicated that daily profits should increase. Time will tell.
There remains 1 and only 1 program that I recommend. Gary Jezorski has helped thousands to successfully navigate the complexities of ecurrency trading. Gary's simplified and methodical approach is way ahead of anything that DxSynergy is doing. There is a link to Gary's Website in the right hand column.
Visit E currency Website for additional information.
Day Trading Made Easy
I completed this course back in April and I must say...I am blown away. The simple approach is the key to success in trading. This one is really simple. Here are the highlights:
No experience required (actually the results for trading novices is better)
No market knowledge needed
Work as much or as little as you want
All you need is Internet access
Great work from home opportunity
Click on the link and sign-up for the free report: Day Trading Made Easy
Are you interested in Forex Trading but don't know where to start?
I have found a free Video Course that is taking the Forex Industry by storm. Learn at your own pace, learn in the comfort of your home and best of all...it is FREE.
Click on this link and sign-up for your Free Course. Forex Trading Video
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.
Be sure and grab the free Download at the top of this page. If you are doing any Marketing on the Internet, you need to look at this. And besides...It is free!!
Learn e-Currency Trading by reading this 4 Part series. Also visit eCurrency Trading Website for more related information.
posted by Dxjunkie at 5:04 AM
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