Day Trading Scams You Should Avoid

We decided to give this service a test prior to writing anything about them. There is a good deal of negative chit chat on the web concerning the dishonesty level of their Fx Signals service therefore we had to find for ourselves if it was true or not. Sadly, it’s all correct. The performance statistics they post, including all the trade details, are entirely and totally diverse than what you would likely get. They are not even close. There is no doubting it.

When we emailed them about variance with the trades, they would quickly reply “Oops, thanks we will fix this immediately” which would come from the CEO Mauro Sciaccaluga but absolutely nothing was ever resolved. When we asked to stop our subscription and for a refund per their guarantee, there was no reply. Not really a major shock. If the service is counterfeit, so would their money back guarantee. Hopefully no one is insane enough to buy into their Lifetime subscription offer. Life time offers are usually tip offs to scams.

Is there any way of receiving our cash back? Absolutely no! Since Mauro utilizes for his transaction plimus which runs in a comparable fashion to paypal and because his product is a service, under their user agreement, they do not offer charge backs on services. If it had been a product, maybe we would have better luck.

Another item in which we find is very suspect is their connection with the forex broker AvaFX. Buy Forex Signals gives members a free subscription to their services when you open an account with at least $500 at AvaFX. Why is this suspect? AvaFX is a Dealing Desk Market Maker broker which means they take the other side of your trade. If you win, they lose. If you lose, they win. So it is evident to say that much like a casino in Las Vegas, they would like you to lose and how else better to do so than with the use of the losing signals you will get from Buyforexsignals.com. When it comes to foreign currency brokers in general, it would be sensible to stay away from Dealing Desk Market Makers. They are similar to online gambling sites that do not want you to win. They will do everything in their power to make trading difficult for you with stop loss hunting and re-quotes. And if you happen to beat them and turn a profit in your account, odds are they will turn up the heat and make it even more difficult until eventually they can get you to blow out your account.

So what are the 3 lessons realized here? One, be extremely watchful when acquiring a Currency Signals service or any program for that matter making use of Plimus, paypal or any 3rd party service as your method of payment. Your best bet is to simply use your credit card directly as payment. If Paypal or Plimus is all that they utilize, then turn away. No one is that unique to where you ought to take on the risk of losing your funds.

2nd, which is much more essential and will override the 1st, never ever spend for a trade forecasting service whether it’s Forex, Stocks, Bonds, Futures or anything that is predictive unless they provide a FREE TRIAL. The test needs to be for a minimum of two weeks. If they do not offer a demo, run like heck because probabilities are that they have got absolutely nothing good to offer and they are banking on you buying into their seductive guarantees of major earnings for a Month, Quarter or a Jackpot (to them) One Year subscription. With regard to scams such as these, it is not really about renewals; it is about generating that one particular sale. A sale that is nothing more than a con to take your money.

And lastly the 3rd lesson; be careful of Dealing Desk/Market Maker Currency Brokers. Their business model is created to profit via your losses. That is not a broker you want or ought to be undertaking business with, particularly when they partner with shady businesses that do nothing but supply you with losing trades.

Day Trading scams is a blog devoted to discovering the unkown about people and companies such as Oliver L Velez. Visit today to read informative articles about Buy Forex Signals.

There Many Trading Scams Offshore

The fee of performing business worldwide, numerous time zones as well as a range of currencies once made it complex for offshore con artists to con people in the usa nevertheless the World wide web and the capability to easily move money around with on-line banking wire transfers, paypal and western union online has popped the doors for those thief’s to comfortably rip-off people out of their cash.

Overseas ripoffs may take on numerous distinct varieties but a majority of them involve “Regulation S.” This is a rule that exempts US companies from enrolling securities with the SEC that are sold specifically outside the US to foreign investors. Con artists usually manipulate this sort of offering through reselling Regulation S stock to US investors in breach of the rule.

Just last year, Tx billionaire R. Allen Stanford was charged with perpetrating an $8 billion investment fraud. Mr. Stanford, as the Los Angeles Times reported “cast himself as offshore investment guru to the transatlantic jet set and benefactor to the Caribbean islands’ poor through multimillion-dollar promotions of their beloved sport of cricket.” He was caught by the Fbi several months afterward.

Beautiful websites, magnificent pamphlets, and “educational” seminars are several methods applied to influence people to put money in disreputable or non-existent businesses within foreign countries. The come-on is typically in the shape of high, tax-free results with zero danger. Victims don’t succeed to contemplate that if they take a complete loss of their investment, they do so without the safety of US regulation given that law- enforcement organizations simply cannot investigate easily outside America.

Superior swindles use intricate terms such as “bank debentures” or “standby letters of credit,” complicated-sounding concepts such as “offshore fund leasing,” and inexplicable instruments like “interbank trading” as well as “seasoned notes.” Workshops are usually held in thrilling places and cost thousands of dollars to go to; marketers promote “connections” and a guarantee of “no taxes” on your investment.

Day Trading scams is a blog devoted to discovering the unkown about people and companies such as ifundtraders.com. Visit today to read informative articles about Mastertrader.com.

How To Start Your Scalp Trading Career

Scalp Trading is a phrase that is tossed around a lot when you hear day traders speak but really scalp trading is a distinct form of day trading. It is a approach that entails a high frequency of order tickets with a revenue target of only a small amount of pennies. The return occurs from the size of the orders. A common scalp trader at the majority of of the Proprietary Trading Firms utilizes somewhere between five and fifteen thousand shares for each position with the more prominent investors going up to 200,000 shares for every trade. This form of trading is certainly not usually carried out by retail investors on retail accounts for a couple of major motives, great cost structure along with special order routes.

The commission rate framework in which the typical retail broker gives is too costly for this kind of style to be worthwhile. The majority of retail brokers will offer you $6 to $7 per 1000 share trade with the best offers about $5. A scalp trader wants to be capable to gain money from merely a one penny move. So even with the greatest retail deal of $5, a 1 cent shift would earn you $10 but would cost you ten dollars ($5 to acquire and $5 to get rid of) in commissions which would leave you zero net profit. At a Proprietary Trading Firm, traders can easily obtain a commission structure anywhere from 30 cents to $1 per one thousand shares. Now if you do perform the sum: a 1 penny move with 1000 shares grosses $10 however will merely cost you sixty cents to $2 which of course presents a much more desirable net profit margin.

This brings us to ECNs and whom you should be routing your orders thru. If you add liquidity to the order book also recognized as the level 2 then ordinarily the ECN you routed to will provide you a kickback. However, when you take liquidity from level 2, the ECN will charge you. You may be wondering what does it mean to take or add liquidity? Well as an example; suppose you want to purchase a vehicle. You open a auto trader magazine. In the front section of the journal are adverts from individuals who need to obtain automobiles. These people are showing the mileage and value they are inclined to spend. Now in the rear segment of the magazine are individuals advertising autos for sale. Well you might be wondering why don’t the folks in the front portion of the journal call the individuals in the back segment of the magazine? This is due to the fact there is a difference in price amongst what the buyers want to buy at and the sellers expect to sell at. Now these people whom have placed these adverts in this car journal are all adding liquidity. The people who read the magazine and at some point either sell their car to 1 of the buyers or acquire a vehicle from one of the sellers are removing liquidity. This is actually how the stock market performs and the left part of the level 2 screen is like the front segment of the auto journal and is referred to as the “BID”. The right side of the level 2 screen is similar to the back part of the car journal and is referenced to as the “ASK” or “OFFER”.

I mentioned earlier the ECN routing. So exactly what is an ECN? ECN is an abbreviation for for Electronic Communication Network. Whenever you look at the level 2 display you will view various ECNs, Exchanges and Market Makers at each price point and it is your selection which one you transmit your trades to. Your selection will be based on how quick the route can fill your trade along with how much it will cost you or how much your rebate will be dependent on whether or not you are adding or taking liquidity.

Specialized routes: Some routes will fill you quite speedily but will still charge you even though you are supplying liquidity. It is these kinds of routes that retail investors buying and selling with retail accounts do not possess access to. Traders at Prop Trading Firms will have access to these routes providing them an advantage above the competition. These specialized routes are not critical to become successful in scalp trading however they do make the job a great deal easier.

Now that you understand what scalp trading is, you will need to understand the needed tools. The most essential tool is your system. You will require a Level 2 Direct Access Trading System which there are a lot of to pick from.

You will additionally need a media service such as Briefing or Trade-The-News. When scalping, you must be watching a handful of stocks. They must be low priced and have excellent volume on the Bid and Ask.

Pertaining to each one of the stocks you play you ought to have a level 2 display as well as time and sales. Likewise, you really should have a daily graph for each one of the stocks you watch. Believe it or not, the daily graph is the most crucial graph for intra-day traders, which furthermore includes us scalp traders. As a final point, you really should have a 5- and 15-minute graph of the overall market. To see the market, the Standard and Poor is preferred. You can follow this by watching the ES futures or the SPY. There are other items you will need to add to this set-up which I will go over in my next article, but the previously mentioned are the most significant.

As an educational and proprietary trading firm, Affinity Trading’s main focus has been to teach the art of online day trading via their 2-day courses and 5-day live trading labs. Aside from providing day trading education and training, Affinity also has a program for the active swing trader. Go to their site for complete information.

OTC Bulletin Board – OTC – OTCBB – How To Qualify A Consulting Firm

Seriously, sometimes I have to step back and laugh when I see company owners trying to pre-qualify consulting firms to take them public. I just stand there and scratch my head in disbelief when they think they are asking all the ‘right’ questions when all they are doing is setting themselves up for failure.

I recently had a company who claimed to have investors who wanted to invest in pre ipo deals. For a few weeks these guys called with a million questions and demands, most of which were contrary to basic SEC regulations and compliance. I tried to set them straight but they just didn’t get it. These guys who called themselves consultants really had no clue as to what they were doing and the questions they were asking me about my firm in order to qualify our firm were completely off base and were actually laughable. It was irritating at the time, now I just sit back and laugh as I chalk it up as another lesson learned and another relationship that fortunately did not come to fruition.

Here are some realities to consider when talking to a consulting firm to take your company public. First, no consulting group acts alone, instead they play quarterback or orchestrator to facilitate a smooth, stress free process. Most consulting firms that take companies public on the OTCBB will have securities attorneys on staff for the s1 filing, third party SEC approved auditors for the SEC audit, multiple market makers to choose from for the filing of the 15c211 and scores of Investor Relations contacts for post public market creation.

When doing due diligence on an Edgar link for S1′s in process you’ll only see the attorney information and the auditor. The Consultant has to be content to stand in the background making the entire process function and succeed with virtually no public claim or credit. If you’re doing due diligence on a consulting firm it’s more important to find out how vast their network is as opposed to being the predictable intellectual midget who will look up the consultants previous stock symbols and call the company and expect to miraculously get on the phone with a person who knows the consultant first hand. The mere thought is so ridiculous it’s redundant to even bring it up but this is something that uninformed people actually do as part of what they consider ‘due diligence’.

All you need to do is this: Talk to the senior partner at the consulting firm. Establish whether or not they are full service. Gain an understanding for how long it takes them to get you from S1 to trading symbol. If you want to do some real due diligence, find out about their post public investor relations strategy so your company not only goes public but can stay public and profitable.

Consulting firms who take companies public on the OTCBB are a small part of the whole but without them, the transaction couldn’t happen. They are the 24/7 worker bees doing the impossible for the ungrateful….until the symbol is achieved and the stock is trading properly, they you get a pat on the back and, “hey thank you so much for your hard work…what was your name again?” And I always respond, “you can call me whatever you want but on my Share Certificates you can put Princeton Corporate Solutions”.

OK, maybe that’s a bit of an exaggeration, of course they are going to remember my name but the reality is, solid due diligence by a company wanting to go public starts with a general evaluation of the consulting firm, some basic technical questions and then getting to the root and depth of their contact base to make sure your going public efforts are fast and smooth.

S1 Filing, Taking Your Company Public, Valuations and Investor Relations Services Free Video Download , Take Your Business Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 We Have The Industry’s Top Financial Blog We Can Make Global Growth Happen For Your Company

Pink Sheets – OTCBB – How To Take A Company Public The Right Way

As the global economy becomes more uncertain, entrepreneurs and CEOs are evaluating their fundraising strategies as traditional institutional lenders and government grants are become less available. For solid companies with profits there is a strong possibility of going public.

Pink Sheets aren’t very appealing to investors so these otc pink sheet companies can rarely stay in existence post public and the NASDAQ is a platform in which few can qualify so for companies seeking a rapid public offering of the pinks and the legitimacy of the NASDAQ the OTCBB (over the counter bulletin boards) is a viable option. The process can take from 3 to 6 months for a direct s1 filing and if it’s a real company getting the market maker to file the 15c211 is not that big of an issue as long as the initial audit and S1 filing went through without a hitch.

Post public operations are a completely different story and the investor relations strategy can and will make or break your ability to succeed in the public realm.

A strong investor relations campaign should contain a few central components: general corporate publicity, publicity wraps that go around each ‘C’ level executive to create the ‘expert’ label with your key staff, phone room communication to brokers to notify them on the ins and outs and what’s coming up for your company, stock alerts keeping seasoned traders up to speed with your stock position and information, press releases, keeping an eye out for and announcing the potential acquisitions and don’t forget about viral media (video, bookmarks, articles etc). One other thing is to hire a solid publicist who can get you on radio and television expert panel interview sessions as well as getting mentioned in journals and news papers.

All of the above is absolutely crucial to surviving and thriving in your post public life. One other thing, keep an eye out for solid strategic alliances who have multiple synergies that overlap with your business model. This is an important element for domestic and international growth and investor appeal.

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OTC Bulletin Board – How To Make Your Stock Price Soar – OTCBB

I consult in the turnaround sector with public companies on the Pinks, OTCBB, London Exchange, Frankfurt Exchange and every exchange in-between and everyone seems to have the same issue: there stock isn’t trading at the price they desire and they are dying to find a way to fix the problems that are hindering their trade. It usually comes down to a few basic elements. Use each of these elements with caution as this industry is full of predatory organizations and consultants and can be dangerous to amateurs. If you’re a newbie, that’s ok. Do what you can but know when you are in over your head and turn the remaining process over to people that swim with sharks for a living.

Public company structuring and turnaround strategies typically center around the elements of: corporate publicity, individual executive publicity, lack of an experienced publicist, lack of strategic alliances and lack of the proper promotion that is conducive to getting stock investors to pull the trigger.

Corporate publicity can be broken down into the immediate and ongoing use of: press releases, viral marketing video and article submission, corporate blogs, investor relations, market maker or broker dealer that is affective and of course the almighty strategic alliances that build hype and build power behind your brand.

Another major component that most companies are lacking is ‘Individual Executive Publicity’ by use of press release, viral market: video uploads with interviews and how to type material, article submission and personal blogs that center around the particular industry genre issues. It is important to make each executive stand out like a beacon in the industry and to press the reality or create the reality that your executive staff is composed of the who’s who of your industry.

Next you’ll need a corporate publicist with a focus on getting your CEO, CFO and/or corporate executives on TV and radio panel discussions as industry authority as well as newspaper and magazine articles and interviews about your company and its executives.

Don’t forget the importance of ‘Strategic Partnerships’. Announce new partnerships with multiple press releases, photo ops and articles. Pick strategic partners that have name recognition or are about to be in the public eye to piggy back off of the publicity they are receiving.

If you are an OTCBB or Pink Sheets company email campaigns to stock Investors are a quick way to get a nice bump in exposure and stock price but too many of these campaigns done the wrong way can hurt your company so be careful. Your investor relations consultant should have you listed on multiple stock alert services that run ongoing back to back. And the last but not least, the old fashion snail mail ‘Direct mail to stock investors’ can be the added bang to your stock price rising and stabilizing.

Turning around a company can and expensive proposition today but can increase your company’s value exponentially if done by an experienced professional. It’s a process that’s worth it to companies with an eye toward longevity.

Follow us on Twitter Princetoncorps , Take Your Company Public and Globalize Your Business call Princeton Corporate Solutions at 267-233-0183 Click Here for 35 Free Corporate Expansion Videos We Can Make Global Growth Happen For Your Company

Taking Foreign Companies Public – Over The Counter Bulletin Board – OTCBB

Bypassing the blistering reality that banks aren’t making small or medium size business loans. Lines of credit are deal. Hard money predators are out in full force and legitimate funding sources are at an all time low. Companies can take the tried and tested route in hiring a consultant, structuring their company, building strategic alliances, creating a solid board of directors and then authoring the business plan and PPM for the initial raise but why would they when they have so many scammers telling them that they can easily raise the capital with a shelf corporation or reverse merger into a pink sheets public shell.

People in need of capital don’t want to be bothered with the reality the capital is not as easy to obtain as it once was. Entrepreneurs are seeking the quick and easy way out which typically turns out to be the route that ruins their company and depletes their cash flow.

The truth is that your company has to be constructed on the success and failures of your executive staff. These individuals are the lifeblood of your company and their contacts and experience is what will drive your company forward into ongoing self-perpetuating growth.

Don’t believe the hype when it comes to raising fast capital in the corporate realm. Don’t believe that a shelf corporation will do anything but make you and your company look like idiots and don’t think for a minute that there is any way to initiate your first round of capital without an SEC regulated Private Placement Memorandum.

Big brother is always watching and those who try to raise money without the proper structure always get burned. Why not step back, take a breath and start off your campaign to raise your first round of capital the right way with a private placement memorandum, then a direct public offering then move onto the public offering on the OTCBB.

Why not for a change, do things the correct way, using the structures that are conducive to actually raising capital the legitimate way as opposed to the fast and easy way.

The fast an easy way is often the wrong way and in the end there is no capital being raised at all, only headaches and lawsuits. Find a consultant with the experience of taking startup companies and expansion mode companies public.

Don’t waste time with the scammers. Raise capital the right way and you’ll never have to redo the process.

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OTC Pink Sheets – OTCBB – OTC Bulletin Board

If you are considering going public you are coming from one of two positions: you are either coming from a position of liquidity where you have the capital to spend $200k to go public on the OTCBB or you are coming from a position of weakness and you don’t have liquidity.

For the former, going public is easy, find a consultant with a solid track record and take your company public, you’re ready to go. For those of you who are coming from a weakened position due to lack of capital you should strongly consider taking your company public with a DPO (direct public offering). Typically a DPO starts with a PPM (private placement memorandum) that breaks your company into shares and prepares it for the public eye. Form D is then filed and you’re then ready to start raising capital.

The only downside is, most companies have no one to invest in the PPM and their transaction is dead in the water. A DPO is an extremely powerful process which allows you to not only offer shares to your friends, family and professional contacts but you can also team up with an investor finder company that will contact their seed capital investor database to help you raise capital fast and easy if you are willing to sell seed stock at a discount before you go public.

Be prepared to pay a modest fee upfront as well as a small equity position as these investor finder services know full well that power that they possess with their database. If you successfully contract with a real, viable investor finder service, they will most likely want to be the consulting group that takes your company public as well. Be smart; sign on with them as they will have a vested interest in your success.

They will most likely communicate electronically with their database members via email. As interest by the investor group builds, you the company owner, will have to take over the closing as it is illegal for non licensed investor finder services to take over the closing and issuance of shares on behalf of your company.

Think of a DPO with an investor finder service as the golden tuna that can solve all of your problems in one swift movement. You can find these groups by going to your favorite search engine and typing in word combinations like “investor finder’” or “investor finder service”. You can team up with a solid investor finder service and they will take you all the way!

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categories: OTC Pink Sheets,OTCBB,OTC Bulletin Board,OTCBB,OTC Bulletin Board,Over The Counter Bulletin Board,Take Your Company Public,OTC Bulletin Board,james scott

OTCBB – OTC – Over The Counter Bulletin Board

What Is the Process Of Taking A Company Public? Here Are The Answers!

Going public can make or break a company. As long as you are prepared it can be the biggest blessing ever bestowed on your company. Understanding the process can help you decide if this is a direction you’d like to take. Here is the process:

First you’ll need corporate structuring to create a business model that is conducive to raising capital and increasing investor confidence so you’ll need to take a long hard look at your ‘C’ level executives and their educational and professional pedigree and track record, your board of directors capabilities and abilities to contribute with capital connections and strategic alliances.

Second you’ll need to write a business plan that take into consideration a strong business model, financial projections that will stand up to the scrutiny of your SEC auditor and investors who have their investments audited by legal counsel and accountants while simultaneously painting a picture of a solid and viable, and yes, recession proof business model.

Third you will need a PPM to break your company up into shares to distribute to seed capital investors and stay within the SEC Regulation D requirements.

Fourth you’re ready to file your S1 and get into the comments stage. Be prepared to answer questions and be patient. The SE needs to understand your business enough to approve it. Some of their comments are pretty strange but it is what it is. Your best bet is to have a good securities attorney file for you.

Fifth you need your third party audit. This can be a large financial undertaking if your books are a mess and a good auditor can be in and out in around a month.

Sixth after the SEC approval you’ll have your market maker file your 15c211 with FINRA to get your approval and stock symbol.

Lastly, you’ll need a strong post public investor relations strategy to induce investment and calm down those who want to sell their stock. A good IR strategy will also bring into account massive amounts of traditional and viral publicity.

Taking Your Company Public? Get The Facts At the Top Financial Blog , call Princeton Corporate Solutions at 267-233-0183 or Call Us To Take Your Company Public the easy way!

IPO Consultant – IPO Consulting – Over The Counter Bulletin Board – OTCBB

IPOs and Taking Your Company Public: Why Do Public Companies Fail? There are a few things that one needs to consider when strategizing to take a business public on a major exchange: corporate structure, the speed and efficiency at which the IPO is facilitated, the market creation post public with corporate publicity strategies and investor relations, relationships to secure ongoing financing and finally strategic growth through acquisition.

The corporate structure is the foundation to the company which includes a strong ‘C’ level leadership boasting a pedigree of steeped experience and professional track record.

The board of directors must be seasoned and solid composed of industry specialists in the finance, advisory, legal and distribution sectors of the industry and finally the corporations strategic alliances must be in place and strong to pad the business model and help the company grow.

The speed at which the company achieves a trading symbol is important not only to the company but the seed capital investors who want a rapid turnaround on their investment. The audit, SEC filing, 15c11 and FINRA approval need to be orchestrated by experts to complete this task in a timely manner or this process can crush your company as opposed to enhancing it.

Now that you have your trading symbol you need to create the market. Don’t count on your market maker or broker dealer to do this as they are simply a vessel to complete trades and vouch for your company on the securities level. You need powerful investor relations (IR) and corporate publicity. You should also consider publicity strategies for your ‘C’ level executives to brand them as industry experts to add legitimacy and strength to your presence and market position.

Don’t forget PIPES and other post public securities monetization solutions. These companies can offer a lifeline if you’re company is seeking expansion or acquisition capital. Make sure you get references! The last thing you want is a PIPE firm that gives you a 60% LTV (or less) against your stock and then crucifies your company by dumping the stock, ouch!

If your company is in the correct phase of evolution, growing and ready for that next level, think: OTCBB. It’s fast and relatively affordable and if you’re corporate strategies are in place you could rake in some serious capital fast for your corporate expansion.

Go Public with Reverse Merger Free Video , call Princeton Corporate Solutions at 267-233-0183 Expand Your Company Into China Free Video We Can Make Global Growth Happen For Your Company

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