Thread: e-bulls - e-bulls.com

I am not the admin of the program.

http://www.e-bulls.com

Why should you choose e-bulls?

* 100% Offline accounting. No possible database corruption, no risk of malicious web site attacks, and no related excuses.
* Public Read Only Access to both our Liberty Reserve® balance and our main trading account(s) in order to provide our clients the highest level of transparency possible.
* 50/50 Rule : 50% of your balance is placed in trade and 50% is held in a holding account. This both lowers the overall risk to the depositor and allows for smoother processing of withdrawal requests. As a client you can opt to place a higher percentage of your deposits in trade thus increasing your overall potential profit. Ask one of our reps for more information.
* No Loss Policy : e-Bulls absorbs all trading losses. A percentage of our earned fees are held in a separate account in order to cover the occasional daily loss. The worst possible outcome to you the client is no gain, "Say goodbye to losses with e-bulls.com."
* No withdrawal or deposit fees of any kind.
* 24/7 Support via our LIVE chat interface, Skype®, or e-Mail.
* Getting started is as Easy as 1,2,3, by following the instructions on the bottom of our main web page.

For more information, visit
http://www.e-bulls.com

Added for discussion

rajhere


Note:
Please do your DD before investing in any program.

Just a quick update;

We were originally going to launch on the 4th, however we made a few important changes to the administrative side of our business, mainly moving to a broker that does not charge a fee for either deposits or withdrawals via Liberty Reserve, which in turn has now made it possible to drop the $7.00 USD withdrawal fee we originally implemented in our business plan. This broker also allows for read only access, which will allow us to give clients and perspective clients live, real-time access to our trading, increasing our overall transparency.

Apart from those exciting changes we are now awaiting funding of our new brokerage account in order to begin trading. We hope to have funds in place by Monday. Should we have any client side deposits from now till early AM EDT tomorrow we may actually be able to trade the NY session and post some results.

We are now also offering read only access to our trading account AND our LR balance. This allows our current and potential clients to verify we do in fact actually trade the funds and that the amounts are correct. We will continually try and maintain the highest levels of transparency possible as we move forward.

Update;

The 50/50 rule, originally adopted in order to keep the withdrawal wait times to a minimum as we where working with a brokerage that only dealt in wire transfers, has been eliminated. This means 100% of all deposits will be placed in trade, which equates to higher returns, roughly 30 to 40% monthly on average. With our "No Losses" policy the lessening of risk is really a non issue as well.

June 8th Update;

+4.62% NET

Our LIVE real-time broker statement can be viewed on our web site.

June 9th Update;

Trading ended a bit early today with us taking a quick scalp in Asia.

+2.89% NET

Our LIVE real-time broker statement can be viewed on our web site.

June 11th Update;

+2.35% NET

We just wanted to send out a quick note to make you aware of the following;

The broker we where using, LiteForex, has proven to be a bad choice. Not only where we unable to cancel pending orders, our original stops where not activated when the price pushed through them. These 2 things are something you cannot have in a forex broker, so we have changed brokerages.

We posted a profit of 2.35% on the 11th as we did a quick hedge on the short positions we had open, positions that should not have been even open.

We should have funds back in trade tomorrow with FXOpen.

June 12th Update;

The transfer of funds from our old to new brokerage should be completed over the weekend. As a result today was a non-trading day for us.

We have have made a few new additions to the web site including a statement downloader where our clients can automatically download their statements in PDF format. The statements are updated daily once we are out of trade. This eliminates the need to email our accounting department in order to request a statement directly. We have also added a neat little calender link on the site that shows the percentage earned each day as we progress forward. The link can be found under STEP III on the bottom of our main web site.

June 15th Update:

I learned today why some people are traders, and well....Why some people aren't. If you are wondering I am not a trader, and for good reason.
Our trader has been in the process of upgrading some hardware for the past few days and as a result was going to be offline for today's session. No problem I thought, I simply told him to call me and I would enter in the trades on the platform with him either feeding me the details via Skype of over the phone. Simple enough right? WRONG. Well first off when I had the new brokerage account opened I failed to notice it was a Standard Account, meaning that the smallest possible trade is 1/10th of a Standard Lot, this was my first mistake. Then today when entering the trades and being instructed to use micro lots, I placed the calls using that same 1/10th of a lot. The result? The first trade hit my SL for a loss, a loss that should have been around 3.5%, but instead was closer to 50%. The second trade couldn't even make it to my SL as it was margined out. The second trade would have actually closed in profit if I had opened it correctly on a micro account giving us around a 3% profit for the day.
Well lesson learned. I have sent funds to replenish our trading account and have changed over to a MICRO account for the time being. Once we surpass the $3,000 USD mark in deposits we will move back to the Standard server.
Just a small "growing pain" as we move forward. LIVE trading should resume by tomorrow once the funds have cleared into our account.

Just a quick note;

We are now on twitter. Just another way to stay up-to-date on all the goings on at eBulls. The link to your twitter page can be found below in our signature.

June 16th Update:


Our funds transfer was a bit delayed today and as a result it won't be cleared into our trading account for another 12 to 15 hours. We will post a 0.00% gain today however LIVE trading we return tomorrow. A big thanks to everyone for their patience.