DayTradePros has been in my SIG for quite a while. It's time to make a thread for this LONG time payer. DTPs has been paying since 12/06.
Never missed a payout, very fair admin, and after this time with this history, I don't have any reason to think this program won't go on. I don't think it is too late for new people to join.
Started Dec, 2006 Payout: 1-3.5/day (compounding available on some plans; principal returned on some plans, variable termed plans) See chart below for details. ONLY accepts Ebullion.
Quote:
We are Professional Day Traders and are looking for people like you, who want to make money with us. Perhaps you've heard all the media hype about day trading, but still don't know exactly what it is. In a nutshell, it's daily, online stock trading with very short investment horizons. The individuals who do this day in and day out are traders, not investors in the traditional sense. Traders therefore are professionals and need Investors to conduct trades and make profits. Day traders scalp the spreads by dealing directly with market makers on the private trading systems called electronic communication networks (ECNs). Some work shoulder-to-shoulder in trading rooms, while others work from their homes or offices. With their eyes glued to computer screens tick-by-tick, day traders may execute over a hundred trades a day.
Day Trading
Day traders buy and sell stocks throughout the day knowing that the price of the stocks will fluctuate in value during the day, allowing them to earn quick profits. A day trader will hold a stock anywhere from a few seconds to a few hours, but will always sell all of those stocks before the close of each day. The day trader will therefore not own any positions at the close of any day. The objective of day trading is to quickly get in and out of any particular stock for a profit.
Swing Traders
The principal difference between day trading and swing trading is that swing traders will normally have a slightly longer time horizon than day traders for holding a position in a stock. Swing trading has the capability of providing higher returns than day trading. However, unlike day traders who liquidate their positions at the end of each day, swing traders assume them overnight.
Position Trading
Position trading is similar to swing trading, but with a longer time horizon. Position traders hold stocks for a time period anywhere from one day to several weeks or months. These traders seek to identify stocks where the technical trends suggest a possible large movement in price is likely to occur, but which may not be fully played out for several weeks or months.
PLANS:
180 days 1.2 - 3.0% paid daily
100 days 1.5% - 3.5% paid daily (compounding available)
60 days Invest. 125 - 200% (no compounding available) Principal return
120 days Invest. 200 - 400% (no compounding available) Principal return
280 Days with Compounding
Recently there was some posts that DTP was behind in paying. I found this to be a substantial explanation:
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Dear Members,
I am writing this with mixed feelings, one is a sad feeling and the other is a very angry feeling.
Not only have we to fight with hackers and Ddos attacks as well as blackmailers and other extortions, but also with dumm people, who not only understand how trading works, but are also greedy and stupid.
One of our members Mr. Rex Sellers deposited $50 about a year ago as you can see below:
Rex $50.00 Apr-22-2007 08:45:46 AM
Transfer from external processings: Add funds to account from e-gold. Batch id = 79681689
I don't know if he was thinking that after one year, he will turn into a millionaire, but he withdrew some funds and some funds he compounded, well his last plan ended a short time ago and in this one year his deposit of 50 bucks produced $1,062,14 as you can see below, he withdrew:
Total withdrawal: $1,062.14
But Mr. Rex Sellers thinks, its not enough and he ought to get more.
Explaining and sending him the entire history doesn't help, Mr. Greedy Rex goes and votes negative on Goldpoll.
Well, I was thinking about it, and came to the conclusion that maybe he got screwed by some other websites, where he got nothing and thought he can make his loses back with blackmailing us, that if we don't pay him more he is going to vote bad. Well, thanks Mr. Rex for causing a panic, and I have no other words for you, just that you are an idiot.
We trade for many years, and naturally we didn't win all the time, sometimes bad things happen and we lose, and we lose a lot. In the past year 4 of the hedge funds we invested in got bust and we lost a lot of funds, we immediately use our reserves and usually put them in private placement programs, which don't pay daily but the funds are guaranteed and it takes a while until we get them out there. But this is what we did before we opened our website and this is still what we are doing now. The traders also had to adjust rates, naturally, if you are a little bit involved or watch the news, you could see that there is a crisis out there and the markets plummeted down, mostly after New Year.
We trade and we also are able to do this for a longer time, it all depends on the people interested in investing with us. If the demand sinks, the income does as well.
we have added a field in your account, were you need to write your e-bullion account number. Please login to your account and click on "edit account" in the menu. Write your e-bullion account number in the apropriete field and click on save changes. Furthermore, it is necessary that you continue to write your ebullion acc.no. in the field necessary, when you make a withdrawal. This new feature is for us, to make it easier, and also to check it, if there are any discrepancies.
Thanks, Chris 05-07-2008
If you don't include your ebullion #, you will not get paid.
Hard to complain about this detail for your money.
while doing maintenance, our tech tried to fix a problem and an error occured in our database. We had to reset the database back to 05-25-08.
Everybody, who got paid on Sunday and Monday (05-25 and 05-26-08) will find a penalty in that amount in their account, with which we deducted the already paid out amount.
All new members who signed up on Sunday 05-25-08 and Monday 05-26-08, need to sign up again, and those, who made a deposit, need to make a deposit request again with the transaction ID.
We are very sorry for this inconvenience, but please check your accounts and let me know, if there is a problem.
Chris, admin 05-27-08
Still going and going.
Started Dec 1, 2006 Running days 551
Total accounts 4249
VIP accounts 342
Total Deposits $ 7,327,025.17 Todays Deposit $ 55,331.94 Last update Jun 4, 2008
Started Dec 1, 2006
Running days 566
Total accounts 4319
VIP accounts 345
Total Deposits $ 7,788,526.63
Todays Deposit $ 4,536.45
Visitors online 50
Members online 10
Last update Jun 19, 2008
as most of you already found out, that there is a problem with e-bullion, we would like to inform you, that we are adding a new processor to our website. We have decided on Altergold.
While we are waiting on the development of the Situation with e-bullion, we will not process any withdrawals. Our funds are tied up in e-bullion and we hope that the problem gets resolved soon. There is no exchange possibility at this moment from e-bullion to Altergold, as we have to fund our account at Altergold and that will take some time, so please be patient as we are confident the situation will be resolved.
Thanks for your support and your patience, Chris - August 6 2008
Very good news. It's not going to get any better using ebullion.
....While we are waiting on the development of the Situation with e-bullion, we will not process any withdrawals. Our funds are tied up in e-bullion and we hope that the problem gets resolved soon. There is no exchange possibility at this moment from e-bullion to Altergold, as we have to fund our account at Altergold and that will take some time, so please be patient as we are confident the situation will be resolved.
Thanks for your support and your patience, Chris - August 6 2008
Our funds are tied up in e-bullion...
Even though AlterGold has been added, DTP is not making payouts. The caveat of only using one currency... especially one vulnerable to the FED, and all the other ugly things that happened to eBullion. I expect Chris will be making a decision soon regarding the fate of DTP.
04-15-2008, 04:56 PM
Day Trade Pros
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