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Apiary investment fund ?
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Apiary investment fund ?

  #1 (permalink)
Trading Apprentice
Belgium
 
Futures Experience: Intermediate
Platform: Tradestation
Favorite Futures: NQ
 
Posts: 2 since Jan 2011
Thanks: 0 given, 1 received

Apiary investment fund ?

Does anybody know something about the Apiary Investment fund ? apiaryfunds.com

They seem to look for people to trade the apiary fund ...

"The Apiary Fund has over 150 associates and is looking to double that number by the end of 2011. Lucas concludes, “Our community of traders is growing and we’re looking to have over 300 traders by the end of 2011. Some of our best traders come to us with limited experience in the market, but are anxious to learn. They use very simple systems in the beginning and by the end of their trader development program, they are by no means market experts but they are experts at their system – they are successful.”"

Anybody knows one of the 150 traders they claim who are currently working for them ?

Thanks for the info

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Nampa, ID
 
Futures Experience: Intermediate
Platform: TradeStation and Ninja
Broker/Data: AMP - Zenfire
Favorite Futures: ES
 
Posts: 39 since Jan 2011
Thanks: 22 given, 29 received


I tried their program over a year ago. It was about $700 and then $97 for a "tech" fee. The idea is not new. We'll train you to trade our money just give us some of yours!!

I stopped going to the training after about 6 weeks because it was nothing that would give a person anything more than a basic education and certainly no edge. They talked about "robots" and their auto trading indicators, but at the end if the day it was just basic stuff. Did I get my moneys worth? No I don't think so. Did I learn something, yeah a few things, but not enough for the $700.

Now I was going to let things go quietly into the night and let them have my $700 until they recently called me and tried to convince me to give them $7200 to join their success team. This team was supposed to have a 98% success rate at turning traders profitable in three months. Sound to good to be true? If they can turn 98 percent of traders to profit in 3 months why do they need my lousy $7200 bucks.

My two cents would be to STEER WAY CLEAR of this outfit and any other pay to trade type of fund. Welcome any input from others who have succeeded in pay to trade programs.

Good luck.......

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