HYIPReview's Forex Shrine Management Pool

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HYIPReview's Forex Shrine Management Pool
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Posted by: forwardone

I hear that the new smaller investors pool is now open, with a low $50 deposit.

I`m tempted!

http://fsmpool.hyipreview.com/firstdeposit.html

Geoff

Posted by: kingOfGold

Quote:

I`m tempted!

http://fsmpool.hyipreview.com/firstdeposit.html

I am always tempted by anything offered by Simon

I have joined 2 days ago just before the deadline for nextmonth pool.

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Posted by: Sstugatz

Hi KingOfGold,

sorry about the confusion, because we were so tight with the deadline this month, we're probably going to fund the FXCM account only next week, to leave some time for spenders to invest. We've already gathered the minimum required amount, but at this level we'll begin with a more conservative trading, and we'll go according to spends (and spenders) to increase.

I hope that this will go well (yield well too) and once all of the setup is completed and I have a bit more time I look forward to inviting you guys to view the account and the trades being done

Simon

Posted by: Sstugatz

I thought I'd create this thread to direct the questions regarding the pool here instead of the FSM thread.

Geoff, if possible, could you add the posts related in here?

In short: Minimum 50$, possibily to withdraw monthly, funds in an FXCM account under my name, different levels of risk possible, link: http://fsmpool.hyipreview.com/

Simon

Posted by: forwardone

Simon, I`ve managed to move the relevant posts from the other thread into this one.

As the thread lists the posts in chronological order your recent post is now previous to this one. Anyway, hopefully members will now use this thread to post anything about the HYIPReview's Forex Shrine Management Pool. All posts regarding the main Forex Shrine Management program should continue to be made in the other thread.

Geoff

Posted by: Sstugatz

Thank you!

Posted by: forwardone

I know that one question that is likely to be asked concerns withdrawals, and how are they done.

The reply Simon gave elsewhere to that- "you may request them between the 1st and 10th of every month. They will be paid to your e-gold account before the end of the month."

From what I`ve read at HYIPReview there appears to be quite a lot of interest in the `Pool` scheme.

Geoff

Posted by: forwardone

Quote:

All deposits made before the 20th of the month will be wired to our FXCM account for trading the following month.

So, Simon, just to clarify about timing of deposits. Are you still taking deposits this first time because of any delays in setting things up, per previous posts? Or is it now too late, so in future the 20th is the cut-off date for trading to begin the following month?

Geoff

Posted by: Sstugatz

Yes Geoff, I'll make it clear when we're about to fund the account for the initial time, right now we're waiting on some paper work and on a new collaborator as well who's joining us in the pool. Having another collaborator will allow us to have a wider range of possibilities when it comes to strategy selection, and hopefully soon enough the possibility to have the investors select their preferred level of risk; low/medium/high - or even the possibility to invest their funds in all different levels of risk.

Simon

Posted by: forwardone

A query about commissions has arisen in another forum, where various rates have been put forward for the FSM program.

I`d like to be able to `set the record` straight, so am I correct in saying that the Pool`s commission is 15%? Also, and this is the one causing the queries, rates of from 10% to 20% have been suggested as applying to the FSM program itself.

Is it possible to get a definitive answer to the question?

Thanks

Geoff

Posted by: Sstugatz

15% ONLY. No further deductions. The other guys are greedy.

Posted by: forwardone

Simon`s been having problems with his e-mails, but he`s posted over at HYIP Review some good news for those waiting for the FSM Pool to get started.

Quote:

The FSM pool is about to begin as well, the FXCM account is open, it's just a matter of funding it but this is going to be done ASAP. I'm looking forward to start earning

Geoff

Posted by: forwardone

It seems that things are starting to move.

I read a post from Simon telling members that those who deposited prior to May 10th have had a 3% increase put on their accounts which is generous of him as it was paid due to the unexpected delay on getting things into place.

Hopefully too the trading will commence very shortly, maybe as early as next Monday or Tuesday.

Geoff

Posted by: forwardone

Just to keep this thread `warm` and to let members know that Simon is now getting into it.

Geoff

Posted by: Snuffleupagus

What is the past performance for this pool?

Posted by: forwardone

Early days we know, but the fund is currently running in the negative. This is probably a `wait and see` how things develop before investing in at the moment.

FSMP members can view Simon`s update at the HYIPReview forum.

Geoff

Posted by: forwardone

Posted today by Simon at HYIPReview:-

Quote:

After examination, the month ended with a few good trades but not enough to bring us back into profit.

It has been decided that we will now close the FSM Pool.

This wasn't an easy decision to make, but it is very difficult for us to see ourselves and our members loosing money and it's time we put a stop to it. I am thorn having to see my friends and family's investment decrease, and as a businessman, it is not a lucrative decision to keep the FSM pool running.

The guys at Forex Shrine Management are very qualified traders but subject to the market's normal ups and downs and did the best they could with our account and their strategies. Those who still wish to be involved with them should definitely take a look at our friend Victor's pool on TB2I.

What does this mean for the investors?

Means you will all be refunded, directly to the e-gold account you spent from. You have nothing to do, no request to process. Tomorrow everyone's accounts will be updated with the final figures and this should be the figure you'll receive in your e-gold account (I say "should" because it might be a few dollars less because of the in-exchange fee).

It`s a pity, but Simon did at least try, and all those members who have responded to this post had nothing but praise for his actions.

As this program has now closed I will move folders with it.

Geoff

Posted by: Trinary

Aw, sad... sorry to hear that

Posted by: forwardone

Quote:

Means you will all be refunded, directly to the e-gold account you spent from. You have nothing to do, no request to process.

As promised, Simon made my refund (less losses) earlier today, and has said that the other half of the refunds should be completed by tomorrow.

Nice to have a program Admin who sticks to his word.

Posted by: FutureGizmo

I've always monitored this program since it started because i've been planning to have this one as a long-term investment. Sad to see this one close down. But I'm all praises for the program's admin and Simon, a few example of people who keep their word -- very rare indeed in this field.

Posted by: forwardone

Yes Giz it`s a pity that this has happened. I`ve just read that ALL refunds have now been processed.

Posted by: FutureGizmo

It's sad to see a good, genuine program close like this at a time when good, genuine programs are hard to find...

Posted by: forwardone

Giz, the last I heard TB21 is still running a pool. This may interest anyone who`d still like to get in on this plan.

http://www.tb2i.com/forum/

Posted by: FutureGizmo

Yes, I'm monitoring some of the programs listed in the TB2i forum. FSM was on top of my list so it;s really sad to see this one go. The others in the list offer relatively low returns, but I might invest in some of them just to diversify my portfolio more.