Galleon FX - managed forex, is this the key to real profit?

After disasterous results in HYIP, failer in gold trading and finally, due to lack of time and resources I was not able to run manual forex, I am now trying to make profit in forex managed account at Galleon FX.

This is now real thing. No more unsecure feeling about scam. Let me shortly look at this my new investment.

The site has very good instructions for filling up all forms and papers, since you need to get first signup a form for Galleon, then with their broker, FXCM. Both seems very stable in time and under control. Of course there is a risk of something bad happens and either company "die", but this is not so likely. Since Galleon is getting managed fee based on their performance from you, it is obvious their intention is to perform as positive as possible. All fine from this points. What else do we know?

When you sign up, you have to choose the currency USD or EUR for your account. In fact USD accounts have better statistics than EUR, for examle their USD Account was up about 75% in Septemberm, further more 18% in October for a total of 93% gross in just 2 months.

Their $1000 minimum special has been very popular with 50+ new clients in October. Those that got in and had accounts funded before the 15th are already looking at 15-20% gains in their account. As they have extended $1000 minimum investment for this month too, you just have some days to start a real investing, rather then scamy HYIP.

The FXCM offers very good web based look into account, so you see all open traders, history, current equity, for selected time period. Funding the FXCM account is easy, as you can use Credit cards.

Galleon FC performance over time

Galleon offers you great oppurtunity to take profit in violatile Money Exchange markets. Since managed accounts usually starts with over $25.000, you finally have a chance to enter with much smaller amount. And last thing: robot trading is usually not bringing such high profits as Galleon had it in September, but since it eliminates emotional weakness of a trader, it can become your profit maker.

How could we avoid the bet-funds.com scam?

One thing which I learned in my one year activity in HYIP is, that it is crucial to get the feeling, when certain program will go down. There has been numerous signals we can learn - from some suspicion very attractive new offers to selective payments (no, I can't forget Privatefin SCAM). Let me show you, what I've learned from Bet-funds.com scam.



First signal, that something is going wrong was, when they announced, that Moneybookers is no longer a way of payment - what is very strange, since they suppose to operate with bets, and many bookies uses MB.

Second signal is something completely new to me. If one would check the date, until when domain name bet-funds.com was registered, a very exact date of when site will go down could be announced. So when you invest, check also this rather small but seems important detail.

Today I did domain check again, similar as I did over a month ago in September, when bet-funds was down. What I found is, that domain name has been paid a week ago. What that means? Was original administrators so lame, that they forgot to pay for domain? Maybe this is not a scam after all, but rather unprofessional team with insufficient Internet knowledge?

Those questions will be clear soon. All records show, that today some guys from Italy are behind this. This is what I found on www.checkdomain.com:

Registrant:
Andrea ralli
via damiano chiesa, 5
roma, rm 00136
Italy

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: BET-FUNDS.COM
Created on: 11-Sep-06
Expires on: 11-Sep-08
Last Updated on: 25-Oct-07

Administrative Contact:
ralli, Andrea  revenuedriver@gmail.com
via damiano chiesa, 5
roma, rm 00136
Italy
0635404810

Technical Contact:
ralli, Andrea  revenuedriver@gmail.com
via damiano chiesa, 5
roma, rm 00136
Italy
0635404810

Domain servers in listed order:
NS1.FASTPARK.NET
NS2.FASTPARK.NET

So if you lost some money on bet-funds as I did, maybe it is time to stop losing your assets on scam HYIP. I closed all my HYIP activity or better, their admins scamed away. Therefore I suggest you my dearest reader, invest into proven programs. At this moment I can suggest you only one, RTA online investment, which will soon be online for a year, with honest and cooperative admin Max Willis behind. I remember how he was fighting when he came online with his Invest pool, that his program is not HYIP. Maybe I didn't understand him completely, but now I do. RTA may not have the highest profit, far from that, but it has stable daily profit, which will survive for a long time (while all those HYIP scams will die).

Keep your money safe and stay away from HYIP.

ALERT: Phishing letter to e-gold users

I have just received a phishing e-mail with subject: Notification e-gold Accounts User Agreement Update, which is a very very dangerous. It is pretending it is official e-mail from e-gold, but it is not. If you'll enter your data on link, they will hack your account. BE AWARE! Always be sure you are logged to correct webpage. E-gold is using https protocol, while site you are forwarded on this pshising e-mail is under http. Spread the word!!! Protect your e-gold.

The messageI received is pasted here:

e-gold Users.
This is Letter from Dr. Douglas Jackson; Chairman, e-gold, Ltd.

e-gold and its Operator, Gold & Silver Reserve (G&SR®), including G&SR
exchange service OmniPay® in cooperation with the United States Government
and pursuant to a lawfully issued written request, from now we starting
verification of all our e-gold accounts.

e-gold operates legally and does not condone persons attempting to use
e-gold for criminal activity. e-gold has a long history of cooperation
with law enforcement agencies in the US and worldwide, providing data
and investigative assistance in response to lawful requests.

Click here to start verification of your e-gold account

I hope to have additional and useful facts shortly and will communicate
them when appropriate. I can assure you e-gold is up and running,
supporting its customers, and continuing to grow.

Dr. Douglas Jackson

This automatic email notice lets you know that modifications have been
made to the Account User Agreement for your e-gold account.

Please do not reply to this automatically generated email message.

ALERT: Liberty Reserve - fake emails

Liberty Reserve (LR) is a very good alternative to e-Gold, but today they announced in their blog Alert. Fake e-mails has been sent from some hackers, so be aware if got any strange email in the name of LR with this content (copy paste from their blog).

------paste starts here--------
Dear Sir or Madam,
Our security department detected an IP access associated with your account indicating your account could be at risk. This is most likely due to keyloggers, trojans, viruses or some type of malware on your computer. Please clik here for protected your account. we most likley won't be able to help recover your funds in the event of a compromise,so it is highly recommended. Thank you.

Regards,
Security Operations,
Libertyreserve
-- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean.

------paste ends here--------

DON'T CLICK on links if you got such an email. This reminds me on Blue people case, but this time the service producer (in this case LR) has done everything correctly, as there was no break into e-mail database.

Alert: What is wrong with Bet-funds?

A rather solid program, which was looking promising, has severe problems. After some days of unavailability of their website, they were back on Friday, with explanation of being bombed by ddos attacks. Everything fair and cool, but from yesterday site is down again. All signs shows that their domain name has expired a week ago.

To be honest, if this site goes down, I really have NO trust in either HYIP. Sooner or later they all die or better, escape with our money. In a way it sounds very pessimistic and also against HYIP of any kind, but yes, it looks that there is scam everywhere. And those, who try to be honest, are disqualified (case of RTA, where e-Gold deliberately tried to destroy reputation of honest admin) or they are too small to be seen in a huge box of scam junk.

I will continue to monitor the HYIP playground, where I've been over a year now. But my opinion on HYIP and other Internet money making has been very crystal by now:
It is better to lose your money yourself, then to leave some unknown scammers to take it away from you - just because their site looks nice!

Alert: Bet-funds website is not available

We can only hope that Bet Funds - Arb bets mutual fund website is down from some technical reason, ddos attack or something else. Such down times are never good signs, especially when not explained to users why it happened. Sooner it come up better, if there will be honest explanation, than BF is solid service. After all, I haven't made a preview of this investment opportunity.

My HYIP portfolio in August

My profit on August was similar to that one from July. All profit was made exclusively in RTA Online Investment program, and I made 2.75% of profit from all invested money in 2007. There were better times, I agree fully. But my scepticism has been so strong, that I can not trust any program for which I am sure, it is not scam. Not much choice then, huh? And apparently there is also not much help in my blog for investors in HYIP.

Additionally also RTA has problems with e-Gold, which was quite common problem lately, as many accounts were frozen by e-Gold administration. Admin of RTA showed against great care and responsibilities for his investors and there is no doubt RTA will be back paying and accepting news deposits soon (if not already). All those problems influenced profit rate on RTA, so I hope there are much better times ahead.

Scepticism and low profits of my investments makes me rather desperate. I am searching for more stable and controllable ways of getting more profit out of Internet investment business. Something must be done in here, why there is so much scammers, I don't know. There is a good news about Privatefin scam - their page is finally dead.

As soon as I found something positive, I'll share it with you my reader.