Alan"s Money Blog

Jun 9, 2007

News from Infinity-Shares Private Forex Club

Here is an update from the Infinity Shares admins. If you're a member, read it! If you're not a member and would like to become one, then e-mail me at allinvain6 at and I'll tell you exactly what you need to do. Note: Minimum investment is $100


Good Day to the Members,

First off, we'll start with updating everyone with an online meeting held by the club founders and the some of the major holders in the club. A while ago, we had a poll on our forum concerning the frequency of handing out results. Back then, we already noticed that members would prefer a longer period. Now that we have changed our trading focus from news to tech trading (for the known reasons), we think its time to adjust it. To start, with news trading, we only kept positions open for a couple of hours at most, but with scalp and swing trading, positions stay open longer, which causes a problem to give weekly reports. Besides that, when a weekly result is negative, we lower the share, but in case of a profitable week, so the share price keeps dropping in the long run.
Besides this, the pressure on the traders will be lowered cause they will not have a few days to turn a negative trade in a positive.
We decided that it would be best to announce the results once all the positions are netted before the end of each month. However, we will be updating the blog once every day or two on the actual positions of the trades we are in, so members can check in on how the club is doing on a periodic basis.

Trading during the past week was fairly noneventful. While using the new trading methods we have worked on for a while, we still couldnt help but cut our positions short and take profit early, but that's being overly safe for you. We had a nice profit at the middle of the week, which was offset by a bad call, plus a few smaller trades that helped us end the week out with a small net profit.



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