Double A Penny - Step 19 - E-TradeXchange

How To Double Your Way To A Million In 28 Steps


I have been in an Online Residual Advertising Program for the last few years and I was able to make a withdrawal from it and received it today. The amount was for $198.00 to my PayPal account. Fortunately there were no PayPal fees.

The name of the program is E-tradeXchange. If you decide to try it please use my link as there are referral fees that can be made.

http://www.e-tradexchange.com/?ref=xinfinitum
This is a simple moneymaking program. Essentially you are sharing ad revenue and in order to start making money all you need to do is buy "Adpacks" for as low as $10. Once you make your Adpack purchase, money will continue to be earned until you have made 200% of your investment.

Key Points:

- Adpack's cost $10 to $50. You are limited to purchasing one Adpack per day. The higher the Adpack value, the faster you make money.

- With each Adpack you purchase you get to advertise one banner, one URL, and one text link. This continues to be advertised even after you've reached your 200% earnings on your adpack.

- You can withdraw your earnings at anytime, but the way to make real money from this program is to have multiple ad packs - reinvesting whenever you can gives you a bigger share of the profit sharing pool.

- Referring others is another way to increase your earnings.

- To purchase Adpacks, E-tradeXchange accepts Alertpay and PayPal. Of course, once you've made at least $10 you can purchase additional Adpacks with your balance earned.

There are two payment plans to this program.

The first is Fast Start Bonuses for referrals, and the second is the Profit Sharing:

1). FAST START BONUSES

Fast Cash Bonuses are commissions paid to a referrer of a new member and all previous referred members re-orders. Each member of E-tradeXchange gains Associate status upon membership. After 5 personal referrals, an associate is promoted to Executive. After 10 personal referrals, an Executive is promoted to Premier Executive, the highest position achieved in E-tradeXchange

Associates are paid 10% for each new member sale and existing members re-orders. An Executive is paid 15% and Premier Executives 20%!

2). PROFIT SHARING

Profit sharing is earned on ad packs that you purchase. Each ad pack consists of: 1 Text Ad, 1 Banner and 1 Website URL. Each ad pack comes with unlimited hits to any website you want, unlimited banner impressions of any banner you choose, and unlimited text ad impressions.

Your ads run on the E-tradeXchange website for as long as your ad pack is earning money on profit sharing. Your ad pack matures and expires at 200% of it's value! The higher the value of an ad pack, the more money it draws in per order on profits sharing!

After your ad pack has matured at 200%, all your ads associated with that ad pack expire.

Once any ad pack expires, it will no longer draw from the pool. You may purchase multiple ad packs. E-tradeXchange limits each ad pack purchase to one a day per member.

Remember, as with all Online Ventures, such as this, there is Risk involved and there is no guarantee you will make a profit and there is the possiblility you could lose all the stake you put in.

Present Stake: $1975.33

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.

Regards,

Xinfinitum


This Doubling Blog is based upon the Doubling Plan "How to Double Your Way to a £Million in 28 Steps". It is an attempt to "Double Your Way to a Million" by going from one penny to one million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan

"For The Next Chronological Post Click Here"

Double To A Million - Step 19 - DTAMP's Big Day

How To Double Your Way To A Million In 28 Steps

After messing up on that last trade I was a bit hesitant to jump in again even though there were about three times I wanted to go short and just couldn't pull the trigger on the trades. I missed up to 30% profits in the process. The Russell 2000 was very volatile over the last few weeks but after looking at the last two days actually it has been quite tame in comparison.

On September 17th, before 4:00pm and the close of the market I was trying to decide wether to take the plunge. I kept bringing up the trade and then not following through. With 20 seconds left in the trading day I pushed the button and made the trade.

I was now going long in a market that has been coming down and it looked like it could continue to collapse as a number of major financial institutions bit the dust.

But I had a strong impression that it could rally, if only a small amount, and I could, perhaps, pull out some percentage points. But it was a big risk. It was definitely like trying to catch a falling knife.

The next day started well and early on I was up nearly 7 percent on the trade. (See Intraday chart below, Number 1)

The mutual funds I trade have a multiple of 2.5 so for every percentage point the Russell goes up, it goes up 2.5 percent for me.

But after George Bush gave a speech, the market started to retrace downward and I watched my gain start to disappear. (No. 2)

Now, since it is a mutual fund I cannot get out until the close of the day so there is little I can do accept hold on for the roller coaster ride. My possible gains turned into a possible loss. I was a very unhappy person.

I gave up and went and ate lunch and watched reruns of McHale's Navy in black and white to try to take my mind off what looked like could be a disaster.

For awhile there I thought I was going to end up with a loss for the day but a rumor came out that the Government was going to take a huge step in attempting to rescue the financial situation and the market started to take off, ending the day with the Russell up BIG at the close. (No. 3)

It took 17 minutes for it to settle out and went up another half a percentage point during settlement.

The day ended well with the Russell 2K up 6.99% and me being very thankful I hadn't shorted the market.

Here is a daily chart of what happened. The rumor of the large Government intervention was being denied and I wanted to capture my profits so I exited the trade. I told someone that if it is more than a rumor then the market would definitely go up the next day. But I wasn't taking any chances.

When everything was finished and my brokerage firm reported the final situation I was up 17.62164% for the day. A big day!

Here are the details of the trade.

DTAMP Equities Plan Report:

(DMF = DTAMP Mutual Fund (Long) )

09/17/08 - Buy - 47.547 shares of DMF @ $31.78 p/s - Total $1511.04
09/18/08 - Sold - 47.547 shares of DMF@ $37.38 p/s - Total $1777.31
Total ($266.27) - ($0.00) Fees = ($266.27)Net Gain of (+17.62164)% in the Amount of ($266.27)

Present Stake: $1777.32

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.

Regards,

Xinfinitum


This Doubling Blog is based upon the Doubling Plan "How to Double Your Way to a £Million in 28 Steps". It is an attempt to "Double Your Way to a Million" by going from one penny to one million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
"For The Next Chronological Post Click Here"

Double To A Million - Step 19 - When in Doubt Get Out

How To Double Your Way To A Million In 28 StepsThe Official Blog for the "My One Million Friends" Website
I placed another trade and made 1.91509% on it. I would consider that pretty good but I was unable to remain in the trade for today and exited yesterday. I was very uncertain how today would go and was not able to hold on to find out. In a way it was better to exit the trade because of the philosophy "When in doubt, get out".

I felt a tremendous amount of pressure, buyers and sellers, locked in conflict and I could not discern which way this was going to go. Originally when I got in the trade I felt that the markets would decline so I shorted. I was up over 3% for a couple days but yesterday it reversed a little, nothing much, but a huge struggle began to take place.

I decided to get out at the end of the day with what profit I had, knowing I could potentially lose a lot of possible profit. But again not being certain I bailed instead of holding on. Today the markets crashed and already my trade would have been more profitable by 8.175%. Add that to the 1.92% and it would have been over 10%. I would have really liked that. Sigh.

Yesterday I just could not get a clear direction on the market. I still felt it was down but the buyers put up a fierce battle. I just could not stick with my earlier convictions. I felt it was one of two things, either the pressure I felt was the buyers and sellers battling and it would give up the ghost or I was in wrong and was going to take a loss the next day. I decided since I could not decipher what was going on I would exercise caution and get out.

I did gain a few insights into my self from all of this and a more clearer plan of action.

DTAMP Equities Plan Report:

(DMF = DTAMP Mutual Fund (various) )

08/29/08 - Buy - 146.860 shares of DMF @ $9.92 p/s - Total $1456.85
09/03/08 - Sold - 146.860 shares of DMF@ $10.11 p/s - Total $1484.75
Total ($27.90) - ($0.00) Fees = ($27.90)Net Gain of (+1.91509)% in the Amount of ($27.90)

(This particular mutual fund rises when the market is declining.)

I hope to get to the point where I will be able to do 5% to 6% a month with compounded funds.

In starting over, since those last large losses (back on August 4th) the trading is up 5.45%

Present Stake: $1510.77

Motto: It is only "one" found penny.
Slogan: As Simple As Finding A Penny.

Regards,

Xinfinitum


This Doubling Blog is based upon the Doubling Plan "How to Double Your Way to a £Million in 28 Steps". It is an attempt to "Double Your Way to a Million" by going from one penny to one million dollars, starting from nothing. At the beginning you start by finding a penny and then double a penny until reaching $1,000,000.

How to Double Your Way to a Million in 28 Steps
D.T.A.M.P. - Double To A Million Plan
"For The Next Chronological Post Click Here"