Well, while I wait for the eGold situation to improve itself, I will now start moving some of my articles away and dedicate this site to solely HYIP.
Over the past few months I have been mixing, gambling, forex and also internet into this site. But since becoming a domainer March 08 this year, I have already bought quite a few domains which I would like to develop it properly...
So some of you will see some main articles missing like my roulette system review, forex and also my internet escapade entry. I will be slowly moving it to my other domains, but I was thinking of linking in back here to my site via RSS..
I thought of reviewing and updating my performance sheet but thought I would put on hold... It really sucks seeing how I do not actually make any profit because of the exchange rate from eGold to my local currency.
So screw it... I shall take that page down for the time being...
Or maybe not, I guess it should be a reminder of how crazy HYIP is...
Contemplating on whether I should start funding the new AlterGold account, which seems to be the spreading like wild fire in HYIP... Shit!! That means dumping more money into HYIP!!
I just got reality to hit me hard, because of all this many exchangers have stopped making out exchange for egolds and those who would be doing that exchange are offering crazy crazy rates, like 90% to 95% service fee.
Damn!! Now my egold is stuck and the value of my egold is almost close to nothing...
And I thought I was happy and proud that I manage to come out in profit when I restarted playing my HYIP escapade.
This sucks... and it really sucks bad.
Nevertheless, I believe there should be an opportunity somewhere in this situation. As an old Chinese saying goes, 'With crisis comes both danger and opportunity'.
This is Chinese Character for Crisis, and each means danger and crisis.
WIth egold in crisis at the moment, there is a danger in losing ones value of gold, but on the other hand there also should be opportunity that exist in this situation.
Having known what the danger is, which is losing the value of my account, I also thought if there were any opportunity that might come out of this situation with egold.
Now it has been said that, eGold will revamp their policies to be in line with rules and regulations set to deter money-laundering ,child pornography and all the other vices which has eGold got stucked with all these years of operation.
So they set a deadline to complete the policies reforms by November 2008 which hopefully carries some weight in the sentencing of the three directors who pleaded guilty. (Their sentencing would be on the 20 November 2008)
With that in mind, I believe eGold should get itself back on track in the next few months and hopefully by then the price would be stable and improve once again.
Now I have notice that there are some people or rather exchangers who would not mind holding on to eGold, before firstly it has already been backed by gold, without a doubt even though, the founder and it's directors are or will be in jail, life SHOULD go on with egold no?
I mean, the gold that we are suppose to have in forms of digital currency just can't disappear right?? Unless, some fucked up government will confiscate it and take it for themselves. Or if egold currency was never backed up with gold.
Anyway, according to Douglas Jackson, the gold reserve are stored in Europe so the US gomen might not be able to touch it.
So, it is HIGHLY LIKELY that eGold would stablize itself and so will the price or exchange rates provided by the eCurrency exchanger.
With that in mind, I believe it will be an opportunity to start accumulating slowly some more eGold and then hope to sell it come end of the year when price would be good.
Well... here is my forex performance as of June 08. Slowly but surely.....
Forex Performance till June 08
I fumble with my liteforex account with another new Forex EA. Forex EA Tracer (http://www.forextracer.com/).... *Please do not get this EA* You can't control the lot size, and the backtesting result was not that impressive. Lost f*@king 30bucks on two lousy trade.... Well, it's small money.... and I got my refund from Clickbank... Seriously not worth the time and effort.
But hey... I guess you can try
Sighh.... Oh well... at least my Interbank and Masterforex recorded profits....
After a few months out of action from the HYIP game, I finally got back into the game. Well, what can I say. I had some leftover in my egold account and I am not too sure what to do with the balance. So I thought I get back into the game.
Surprisingly, LargeSum is still going strong. But I guess not for long.... still I can't resist the temptation to reinvest in LargeSum again....
Secondly it's SafeAtom. 2% daily!!! Something tells me that it is fishy.... but it has been around like for 200 plus days..... So why not.... hehe
It will take me 50 days to recoup my capital... after that it is profit.... We shall see.....
This time round I think I will go in small. As in only two programs for the time being until these two programs dies off or until I see something that comes out of my HYIP radar.....
Hmm.... I realize that my HYIP portfolio performance page is not exactly quite up to date..... I will have to amend it. *mental note*
Well, it’s been four months now and I must say, my forex Expert Advisor performances are pretty disappointing.
I guess it is my fault. Too must testing and tweaking on my live account.
I previously mention before, if a forex EA is that good, base on their testimonial and forward result, then why not straight away put it on live?
Yes, that was the principle I went on. And to make matters worst, I was greedy, I committed on of the SINS in trading….. I overtraded.
Even if you have the best forex EA around, I still should not overtrade. EA were made to trade automatically for you on a 24 hour market, and thus, prudence must be taken to PROTECT YOUR EQUITY/CAPITAL. That was the main and number ONE rule that I broke.
So, one piece of advice here is, even though Automatic Forex Trading are now possible, one must not treat it as a cash cow machine and think that it is the holy grail to make money from the market.
Number One Rule should also apply on automatic forex trading. DO NOT OVERTRADE. (mental note)
Ok.. after 4 months of automatic trading while I did not lose much, it is still a lost. Profits wiped out.
Well, after four months of testing, I have decided on which forex EA I will be using. And these are the few EA that I have tested and sticking to it from here on end.
I also have three forex brokerage account
Interbank – Main Mini Account
Masterforex – Main Micro Account
Liteforex – Secondary Micro Account
I use my micro account to test the forex EA live. Also because I still had some funds from eGold I though it would be a great way to utilize my funds, while testing it live with small capital. Just to see if it can work like a normal HYIP.
I only upgrade an EA to my live mini account, when I have tried and tested it either via backtesting or forward testing on my micro account.
So here it is…. My forex EA that I am currently using.
This is Chinese Character for Crisis, and each means danger and crisis. 
