Making Money Using Other People’s Money
What would you do if someone gave you $250,000 of their money to invest and each month you can keep 85% of the profits you make?
And if you lose money you do not have to pay them back. However, you will not get paid until you get the account back over $250,000 by trading.
Would you say that can actually happen?
In this Apiary Fund Review I will be showing you a path to do just that using real money provided to you by the Apiary Investment Fund. The only way this works is through trading in the Foreign Exchange Market. (FOREX), using the trading platform developed by Apiary. They have a risk management system in place to protect their investment as well as your earning potential.
Interested? Want to know more? Is this even legitimate? Read on to find out.
Is This Legitimate?
I want to get this out-of-the-way right at the start of my Blog. the Apiary Investment Fund is thoroughly legitimate. They are a real company that was founded in 2005. Their location and hours of operation are shown in the picture below:
History and How It Works
It was founded by Shawn Lucas, who was an investment banker from Wall Street. On one of his visits to China he came across a company where instead of one or two experts managing their investment funds, they had a small army of expertly trained members who each were given a small portion of the fund to trade with.
Each of them developed unique and profitable trading systems that they stuck to. As long as at the end of the month they made more money than they lost, the fund did well. The chances that all of them would lose money at the same time was statistically slim. Hence, on average, the company rarely had a losing month.
Compare that if only one person did all the investing, If he ended the month with a loss, that meant the whole company lost. Sharing the trading responsibilities was a great way to minimize risk.
Apiary Fund’s Training Program
Apiary Investment Fund finds individuals ranging from no trading experience at all to those who have made a career in trading. They go through a free 30-day trial period to make sure this is right for them. If it is, they are charged $97 a month to have access to the trading platform and the extensive training program.
Before they are funded each person will need to demonstrate they can trade profitably consistently using demo accounts in a series of training modules shown below. You can access this information by clicking The Beeline To Funding picture above.
You can get funded before completing all the training if you can demonstrate to a risk manager that your demo trading history meets the following requirements for a minimum of 100 trades and a minimum time span of 60 days:
- Number of winning trades is greater than the number of loosing trades.
- The average of your winning trades is greater than the average of your loosing trades
- No loss on a single trade was greater than 2%
- Current with your fees
The alternative method of getting funded is to complete the Copper, Bronze, Silver and Gold challenges successfully. THe following graphic provides more details. You do not start off with a funding level of $250,000.00. That has to be earned.
When you compete your Gold III level, you are provided with $1000 to trade. When you complete your first month with a profit, your journey to higher levels continues as shown below:
1) You start with an amount of $2.5K to $10K depending on your prior performance.
2) After demonstrating three consecutive months of profitability, your funds are increased to $10K to $50K
3) After another three consecutive months of profitability, your funds are increased to $50K to $100K
4) After yet another three consecutive months of profitability, your funds are increased to $100k to $250K
It is the risk managers who assess your performance and decide at what amount you are funded at each level.
Let’s assume the most optimistic progression where you take three months to meet each level’s requirements. You could reach the $250,000.00 funded amount after 15 months. Does that happen often? Probably not. But are there members who are funded at all the levels shown? Yes.
I am currently funded at Level 1.
The overriding goal is to reach Level 4 as quickly as possible. The safest way to do that is to be satisfied with earning modest amounts along the way to not break the cycle. If you miss a profitable month, you go back to the start of the level you currently are at.
It is possible to make a comfortable living at the $250,000.00 amount by earning about 2% a month. That would provide earnings of $5K a month. At the higher funded levels, it doesn’t take much percentage gain to make a decent amout of money.
Typical Trading Time
It is possible to trade for no more than 2-4 hours a day. It takes the same time to make 5% at any level. 5% at $2.5K is only $125. But 5% at the $250K level is $12,500.00! Big difference. Right?
Now can you see the value of being patient and focusing on low risk, low yielding trades at the lower funded levels, with your sights on higher levels of funding?
Of course, if you are very good at making winning trades, then by all means raise the anti and go for more. It comes down to the universal law of risk vs. reward. The more you risk, the greater the reward if you win. However, if you lose, the greater the loss.
When Can You Trade?
The above chart shows the major markets where Forex is traded. When New York eds, Sydney begins. Followed by Tokyo. When Tokyo ends, London begins. When London ends, New York is still going strong.
Most traders prefer to rade the first two hours when a market opens as that is when action is at its highest. It allows one to make short term trades that last no more than a couple of hours. For some traders, you may enter and exit within minutes.
My preference is to trade the London Open which starts about midnight LA time. I am usually done by 2 am. Regardless if I make a profit or loss, when I go to bed I know I have no open trades to get me during the night. It is possible to set up trades that could go on while you sleep. But those are rare for me.
Stop Loss Settings for Risk Management
All trading platforms allows one to place stop loss and take profit orders on the graph. Typical ratio is 2:1. In other words, the win/loss ratio is 2:1. Take for example, if you set up a trade to risk $100.00. A 2:1 stop loss ratio means if the trade goes in your favor, it will stop out for a profit of $200.00. If it goes against you, your loss will be limited to $50.00.
This means you could have more losing trades and still come out ahead.
So what is a system? Take McDonalds. The stores are all set up to do the same things without deviation. As a result, their food tastes the same no matter at what McDonalds restaurant you eat at. They have systemized their process of making burgers.
In the same way, it is possible to develop a trading system, that will yield a net profit after every 100 trades, no matter what happens. Once you get such a system working, you never deviate from it. Meaning, you never tweak the trades while it is open to make you a greater profiit or a smaller loss. Because if you did that, you will start to get random results. Your result for 100 trades will not be repeatable. (There is one exception. When your trade is in profit you can use a trailing stop to minimize your loss if it turns against you.) Once you have demonstrated you have a system that delivers a profit consistently after every 100 trades, no matter what, you do not want to mess with that.
If you see 10 losses in a row, just deal with it and accept it. After all, you are playing the law of averages. Maybe you will win the next 10 trades. If you make adjustments because you just lost 10 trades in a row, you are now at the mercy of the wind. The secret to achieving success is to stick with the winning formula when you find it.
Additional For Fee Programs
If you want to attend the live trading classes and mentorship programs, there are additional fees. These could run you a one time fee between $500 abd $1000. However, they are not mandatory and totally voluntary. Apiary provides various live classes every day, most are free, as shown in the following schedules:
In addition, there is a large volunne of archived classes and courses. All of this is included in the basic monthy fee of $97.00. After being funded, my monthly fee got reduced to $65.00.
Twice Yearly Live Trading Conferrences
The Apiary Investment Fund holds two group conferrences in the year. The August conferrence is held in Salt Lake City where the Apiary Investment Fund is located. The February conference is held in different cities throiughout the US. There is a registration fee for these events. However, the Apiary Fund does give a few members a discount on the registration fee to attend. These events run for about three days. The total expense will include, air fare, hotel, registration and meals. It ain’t cheap. If you can afford it definitely attend.
All members are provided with $1000 real money to trade with during the trading sessions and they can keep part of the profiits, not the principle. Definitely makes it worth attending.
The Apiary Fund YouTube Channel
There is a wealth of valuable trading information provided here. Click the banner below to access their YouTube Channel:
- Trade with Other Peoples Money (OPM)
- Extensive and proven training program
- Large library of archived courses
- Automatic risk management on their Alveo trading platcorm
- Early morning New York stock exchange live trading programs called Daily Forex Fanatics
- Monhly fee of $97 may be too much for some
- When you exceed the risk management limits, you cannot trade for one day
- Quality of the live training varies depending on who is giving it
The Apiary Investment Fund Promise
You should click the banner below and read exactly what the Apiary Investment Fund actually promises. I feel this will give you a good reason to trust them and realize that they provide a great opportunity to create a lasting income through Forex Trading.
If you can afford the $97 monthly fee, and the thought of training to become a currency trader excites you, I highly recommend signing up. At least try the 30 day free trial.
The Apiary Fund is not a get rich quick program. The company teaches you a skill, namely how to trade Forex to make a profit. It will take time to start earning decent money. So never give up.
Now, if you find for any reason that this is not for you, but you still want to use the online space to make money, I have another recommendation for you.
How would you like to build a website that directs you into the business of Online Marketing? Click the above picture and find out if this is worth it to you.
Note: (This post may contain affiliate links, which means that if you click on a link to the Merchant’s site and purchase something I may earn a commission.The price you pay will be the same if you went to the Merchant’s site directly.)