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Problem Apiary Investment Fund - Too good to be true??

I am having an issue with a company
I have recently done the webinar, and I must say im impressed. The business model is good and of course a company has a right to make profits. In this case the main 1k fee was waived and its just 97 bucks a month. Right now its for 2 weeks trial and if you not interested then you are not billed. I have watched about 8 video clips in the span of 1 and half days and I can say that its real trading stuff. Ive had prior demo experience and i am familiar with break out strategies, continuation patters, bank stop runs, swing trading with SMA, price action and naked trading, supply and demand. I Have also back tested some strategies although my flaws are no mentorship, too much time on a demo and not enough real life experience, maybe add the solo nature of trading as I barely know anyone trading not to mention a successful one. I will do my utmost best and give this 200% and ill document my process. wish me luck
 
Its been about a week since I had the webinar and I must say that it has been an eye opening experience so far. This is coming from someone who has watched maybe 3 hrs a day on average watching training videos from youtube or wherever I can find. Not to mention the amount of reading I have put into studying. I have learnt a lot so far from the traders in Apiary. So far ive made about 32 trades so far on the demo. I actually made a trade with 3 lot sizes on the first and lost 100 right away before I closed the trade. Getting used to the Platform will take a while. some stats so far are 17 wins and 15 losses with -$421 net loss.
As you can see this is a business wit 95% failure rate so one cannot expect to be given money without a proven track record over a given span of time. I actually thought about quitting today but i remember one of the traders saying that if ever you want to quit that you could always "quit the next day" ill definitely take that as my new mantra and push on. I must also add that we were lucky to have the 1k fee waived and just with a cost of $97 per month as expenses. I dont know which business doesnt have an expense considering the value of this opportunity , ill say its cheap. With the amount of videos and expert tutorials given 500+ ive seen so far, I dont know what anybody would want more. Also with the added benefit of tax savings in the future of course, for me this is a no brainer. Ill continue to add updates and experiences, of course I will not be looking for someone to hold my hands, I have no choice but to make this work for me.
 
Very interesting thread. I came here because as an 8 year member of Investopedia, I received an email offer for Apiary through them. The email states that there is "No personal risk", that they'll fund your account with up to $250,000 while you learn, and that "Funds are limited so don't miss this once-in-a-lifetime opportunity."

I'm not one to jump on anything without assessing the risks involved. After two decades in broadcasting, I am now a computer programmer who currently writes software for the collections industry. I joined Investopedia after a client that happened to be a financial planning and investments firm with a weekly radio show was dropped in my lap. These guys were very professional and offer a lot of useful information and I listened every week and took it all in. I opened my account and began demo trading with the "games". I have never invested any real money yet, but my portfolio actually did quite well, even when I neglected it for over a year.

I don't have a lot of money to work with but I am hoping to give it a go here very soon. Two things that have been said in this thread that I wholeheartedly agree with. First, that Investopedia, as good as I think it can be for teaching beginners, has become a bit of a cesspool of low quality advertising with little regard to the consequences to a beginner who many not be very cautious or savvy. Second, that while Apiary may work out well for some, I personally am very comfortable with being self-taught and I would rather take the $1300 and $100 a month I'd spend on Apiary and begin building up my own portolio with baby steps rather than go through formal training of someone else's trading techniques. That's just me. I am self-taught in everything I do and I've done pretty well for myself for someone who basically quit school in the 9th grade and got a GED. I've been successful in my endevours thus far because I've worked hard, taught myself valuable skills, developed a love of reading at an early age and I don't take risks on a whim.

So in short, this thread has been very useful for me and it has prompted me to move forward on my own. My five year plan is to work my way up to replacing my "via daily commute" income with "telecommute" income in the form of both coding and investing. No offense to Nathan or Apiary, but I'm opting to accomplish this the same way I've accomplished everything else in my life.
 
I'm willing to bet that any account used "while you learn" would be a demo. There's no way Apiary or any other company is going to turn $250k of real money over to some new trader.
 
I belong to Apiary Fund, once you are trained it is true they fund a real live account with $2500 and pay you back 60% of whatever you make, then when you get to $5,000 they pay you 70% and when you grow the fund to larger sums, they will pay you, up 85% of what you make. Which means they only keep 15% of what you make, as you grow and develop as a trader your income grows.

Of course they charge for training. have you ever been trained...? at FOREX. Come on you guys, it is the any other platforms interst (who offers training) to make certain you lose.

I'm sorry but you already know the only way an independent platform or FOREX company makes money is IF their clients LOSE.

Apiary offers you a demo account, and of course they sales people who will introduce you to their different levels of trainging, gees. You want to win 4 and lose 5 forever.

I researched training for a year before I found Apiary Fund. Some of them are charging, $1000.00 (and MORE) for training, and $800.00 a month for a feed.

If you had spent anytime, on the 14 day free trial available at their website watching, and listening to the other members of the company, ( in the extensive all access Library, you would know in your heart these are good people. Trying to make a difference in the world. What if it cost you $1295 dollars for training. And you could make that back in your 3-6 months while you were training. And then you can leave Apiary Fund (there are no strings attached) You could go on to an independent broker and make a living from the market place for the rest of your life? Having all the confidence you learned while studying at Apiary Fund... I've heard that people who spend, $250,000.00 on a University Education can't find jobs...! The market is always going to be there! You can work from home, set it up a business and write of many items from your taxes. they will teach you how to do that too, at Apiary fund. It's a good place to be. Yes it costs money. What doesn't these days. Give it a second chance, you could be right maybe they have a pushy salesman, ( who doesn't know one of those guys) tell him to back off and not push you into this until your ready. Or call Shawn, ( at Apiary (801)701- 1650 and tell him so and so is pushing me into this and I'm not ready , Shawn Lucas will look after it for you. I promise.These are good people. Just trying to do something a little different, trying to make a greater change in the world as a whole. - ML
 
Of course, if you are so well trained, why not save that monthly data feed cost and just go trade for yourself and keep 100% of your profits?
 
the thing screams scam, they say some silly stuff like "we arent going to let you lose our $" well that cant be true, because its impossible to trade and be 100%
and if you are trading with their money, no matter how good you are at some point you are going to lose some of "their" money.

Lessons learned cost $ and you would be much better off self teaching yourself and trading and losing that $1300 trading a live account. Demo is great but if it continues too long then when its real money, everything will magically change.

Money management - learn to manage your trading money with all the traditional "rules", but only use that knowledge as a guide not a hard and fast rule, experience in trading is often the best teacher and when you lose a pile of money trading (i'm not suggesting it but often it is inevitable) you learn something for sure as experience is the best teacher. The trick is if you can really learn something from others for free and are able to make your own assessments and judgments and learn to rely on yourself and your knowledge and experience in trading, then you are much better off, even if it costs more and takes longer.
and thats where they lost me @ $97/month. Why pay $97 a month for basically what you can get elsewhere for free.
 
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