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Re: OpenTrade - opentrade.net
  #1881  
Old 10-14-2007, 07:49 AM
skyLineGTR's Avatar
skyLineGTR skyLineGTR is offline
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Posts: 20,013
Default Re: OpenTrade - opentrade.net

Quote:
Originally Posted by skyLineGTR
Can someone tell me how can i withdraw my money to my LR account please? Tried emailing the admin but have yet to get a reply from him.
Please, if someone know the answer to my question, please tell me. Thank you in advance.
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Re: OpenTrade - opentrade.net
  #1882  
Old 10-14-2007, 08:06 AM
ArTCaDE ArTCaDE is offline
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Posts: 78
Default Re: OpenTrade - opentrade.net

Quote:
Originally Posted by OpenTrade
1350 USD is the compounded profit. You talked to our live support representative Hannah Flores and she explained you everything. Please do not mislead other TalkGold users who read your posts.

https://opentrade.net/terms.htm (section COMPOUNDING) :

"All reinvested profits are considered new deposits the investment period of which makes up 240 trading days. The period starts from the moment of the reinvestment."

So the compounded profit is paid step by step within 240 trading days after the end of the initial investment term. That's explained in our terms of service.

Sincerely yours,

Michael Rodden,

OTI, Inc. PR Manager

Sorry Michael for my ignorance, but i just want to clear my doubt,

Let say if i am putting my deposit of USD1000.00 for 100% compounding, according to your main page calculator, i will be getting approximately USD 64440.59 at the end of the investment term i.e 240 days, where the net income is USD63440.59.

Is that mean my net income of USD63440.59 will be putting on to another 240 days of investment period and i can only withdrawl my initial investment of USD1000.00, after the initial 240 days of investment period with 100% compounding..?

Or i can really withdrawl all the USD64440.59 at the end of the initial 240 days of investment period with 100% compounding on..?

Sorry to ask again...thank you
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Re: OpenTrade - opentrade.net
  #1883  
Old 10-14-2007, 12:34 PM
dan123 dan123 is offline
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Join Date: Sep 2007
Posts: 295
Default Re: OpenTrade - opentrade.net

Quote:
Originally Posted by ArTCaDE
Sorry Michael for my ignorance, but i just want to clear my doubt,

Let say if i am putting my deposit of USD1000.00 for 100% compounding, according to your main page calculator, i will be getting approximately USD 64440.59 at the end of the investment term i.e 240 days, where the net income is USD63440.59.

Is that mean my net income of USD63440.59 will be putting on to another 240 days of investment period and i can only withdrawl my initial investment of USD1000.00, after the initial 240 days of investment period with 100% compounding..?

Or i can really withdrawl all the USD64440.59 at the end of the initial 240 days of investment period with 100% compounding on..?

Sorry to ask again...thank you
No, you can not withdraw $64,000. However, If you change your compound to 0%, even at 1% simple interest, at the end of 10 working days you can withdraw $6,400. That would be over 6 times your original investment. And 10 days later you could do the same thing.That is a very good return on your money.
Please don't wait a full year to get your $1000 back. Open trade seems very stable but most of the HYIP that have gone under seemed stable at one time.So,I think you should set compounding at something less than 100% until your money is back in hand. At that time do what ever you want because you are at no financial risk
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Re: OpenTrade - opentrade.net
  #1884  
Old 10-14-2007, 03:02 PM
jukahballa jukahballa is offline
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Join Date: Sep 2007
Posts: 80
Default Re: OpenTrade - opentrade.net

Hi there ArTCaDE,

Let me try to answer you question.

The time we see runing off is for the inicial term of your 1st deposit, after that, all new deposits and added funds from compounding has their own 240 tradind days, even your first 10 dollars interests from compounding,

So it means that after your 1st 240 trading days is over, every single day after that you will have an amount to withdraw wich was added as deposit or as compound value, decreasing your balance, plus interests, Thatīs a lot of "inicials" been maturated every trading day.

So I think the better strategy is to set a coumpound bellow 100%, Iīm in 50%, this will give you a nice cash flow.

The other hand, OT will not suddenly "loose" big amounts in a single day, this makes OT even stronger.

You have to think and act for long term, cause you just canīt compound for 240 tds and than take all your funds off and say: "hasta la vista babe"

If Iīm wrong, someone please correct me.
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Re: OpenTrade - opentrade.net
  #1885  
Old 10-14-2007, 10:59 PM
wasser wasser is offline
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Join Date: Oct 2007
Posts: 14
Thumbs up Re: OpenTrade - opentrade.net

Hello everyone.
Wasser here.I have been a customer with open trade since
october 06.This is my first time on the forum.I have been
reading your postings for a long time now,and you guys have
been so informitive and helpful.So thank you for all those
helpful tips down through the last year.

I just need your help guys with what i am seeing on the forum
the last couple of days.I have invested $1500 in november i
have compounded nearly every day i am now up to nearly
well lets just say a lot by now.I have read all the terms and
conditions,and i also know that open trade are the best and
most honest company you could ever invest your cash into.
Just clear up one thing for me please.When i recieve my initial
deposit back in two weeks or so,are you guys saying that my
compound intrest can either be paid to me on a daily basis
or i can reinvest it back.

I must apologise for my ignorence here people.Like i said this
is my first time in this or any other forum for that matter,and i
have seen people get very angery over certain questions
being asked,not a lot mind you.So go easy on me.I may never
annoy you with any more questions again.

Anyway,GOD BLESS TO YOU ALL,and may all your investments
be good ones.

KIND REGARDS....

WASSER.
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Re: OpenTrade - opentrade.net
  #1886  
Old 10-14-2007, 11:59 PM
jukahballa jukahballa is offline
Amateur Investor
 
Join Date: Sep 2007
Posts: 80
Default Re: OpenTrade - opentrade.net

Hi there wasser,

if OT is the first HYIP you get into and I think it is....congratulations, you are very lucky!

"i also know that open trade are the best and most honest company you could ever invest your cash into"

Slow down...in HYIP there is not such a thing you wrote above.

Acconding to the OT rules, your first, $1500, deposit will be available to you in your OPERATING ACCOUNT in a couple weeksr like you said, you can do whatever you like: withdraw or reinvest it for another 240tds, and thats will happend with your daily compounded interest too, when they complete 240tds each and everyone of them.

I think that after your deposit account completes 240tds the "increase" botton will be no longer available, if you want to re-deposit your money, you will have to open a new Package Title.

There are a lot of members thinking that after 240tds they can withdraw all the deposit account balance at once, in your case, "lets just say a lot by now" and thats not correct.

but there is a lot of things I donīt know what happend, mine will terminate in december, if you can set the compounding rate, if the increase botton really desapear....

hope that helps.

Last edited by jukahballa; 10-15-2007 at 12:25 AM..
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Re: OpenTrade - opentrade.net
  #1887  
Old 10-15-2007, 07:29 AM
tophyiplistcom tophyiplistcom is offline
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Default Re: OpenTrade - opentrade.net

Date: 2007-14-10 19:10:26
Batch: 577591
From Account: U9095659
Amount: $1.12
Memo: Oct 14, 2007 12:10:16 ID:JszMssUJjvo

great program.
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Re: OpenTrade - opentrade.net
  #1888  
Old 10-15-2007, 07:33 AM
ArTCaDE ArTCaDE is offline
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Join Date: Sep 2007
Posts: 78
Default Re: OpenTrade - opentrade.net

Well!!!

Thank you guys for the explanation....I am clear now

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Re: OpenTrade - opentrade.net
  #1889  
Old 10-15-2007, 11:57 AM
mikiblu126's Avatar
mikiblu126 mikiblu126 is offline
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Join Date: May 2007
Location: Hyipcouncil.com
Posts: 1,656
Default Re: OpenTrade - opentrade.net

My ebullion payments from Opentrade.
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Re: OpenTrade - opentrade.net
  #1890  
Old 10-15-2007, 12:21 PM
MyGirl123 MyGirl123 is offline
Senior Investor
 
Join Date: Sep 2006
Location: The Netherlands
Posts: 413
Default Re: OpenTrade - opentrade.net

Quote:
Originally Posted by skyLineGTR
Please, if someone know the answer to my question, please tell me. Thank you in advance.
Hi, I know my response is a bit late (haven't been in here for a while) but I left a message last Saturday for live support and I received a reply just a few hours later. So yes, support does work on weekends. When live support is off line, leaving a message seems to be the quickest way to reach them (link on home page).

Some interesting reading about the terms regarding withdrawal of compounded earnings here ... I am beginning to wonder if these compounding terms will also be applied when accounts begin to mature in another program I am in ... I think this is a logical way to treat compounding (although it isn't how I had read the terms either) but some people will be very surprised if this turns out to be the case at the other program as well!!!

(Sorry for the partially off-topic post, just thinking out loud here)
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