Has anyone had any experience with Michael Vincents underground cash secret

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No,

Right now i am earning online through Forex trading. Although the forex market is by far the largest and most liquid in the world, day traders have up to now focused on seeking profits in mainly stock and futures markets. This is mainly due to the restrictive nature of bank-offered forex trading services.


There are many advantages to trading spot foreign exchange as opposed to trading stocks and futures. Below are listed those main advantages.

1. Bid/Ask Spread rates

Spread rates have tightened dramatically in the last years. Most online forex brokers offer a spread of 5 pips on EURUSD which is the most widely traded and liquid currency pair.

In the futures market spreads can vary anywhere between 5 and 9 pips and can become even larger under illiquid market conditions (which tends to happen substantially more often in futures currencies).

2. Margins requirements

Usually a foreign exchange trading with a 1% margin is available. In layman's terms that means a trader can control a position of a value of USD 1'000'000 with a mere USD 10'000 in his account. By comparison, futures margins are not only constantly changing but are also often quite sizeable. Stocks are generally traded on a non-margined basis and when they are, it can be as restrictive as 50% or so.

3. 24 hour market

Foreign exchange market trading occurs over a 24 hour period picking up in Asia around 24:00 CET Sunday evening and coming to an end in the United States on Friday around 23:00 CET. Although ECNs (electronic communications networks) exist for stock markets and futures markets (like Globex) that supply after hours trading, liquidity is often low and prices offered can often be uncompetitive.

4. No Limit up / limit down

Futures markets contain certain constraints that limit the number and type of transactions a trader can make under certain price conditions. When the price of a certain currency rises or falls beyond a certain pre-determined daily level traders are restricted from initiating new positions and are limited only to liquidating existing positions if they so desire. This mechanism is meant to control daily price volatility but in effect since the futures currency market follows the spot market anyway, the following day the futures market may undergo what is called a 'gap' or in other words the futures price will re-adjust to the spot price the next day. In the OTC market no such trading constraints exist permitting the trader to truly implement his trading strategy to the fullest extent. Since a trader can protect his position from large unexpected price movements with stop-loss orders the high volatility in the spot market can be fully controlled.

5. Sell before you buy

Equity brokers offer very restrictive short-selling margin requirements to customers. This means that a customer does not possess the liquidity to be able to sell stock before he buys it. Margin wise, a trader has exactly the same capacity when initiating a selling or buying position in the spot market. In spot trading when you're selling one currency, you're necessarily buying another.

<a href="http://www.finexo.com/" rel="nofollow">Forex Online</a> <a href="http://forextradingguru.blogspot.com/" rel="nofollow">Forex News</a> <a href="http://forexmoneymaker.blog.com/" rel="nofollow">Forex Blog</a>

I have had no success with UCS. They claimed to provide coaching and help getting started and they do, but it will cost you. Like, A LOT! I have had better success with http://www.yourstepstosuccess.com and http://www.superaffiliatemoney.com . These two programs both give great training and helped me get started quickly. Hope this helps.

Not tried it no but a quick look at it and it doesn't look promising. Pretty much any make money idea that require you to invest money to gain access to what you're purchasing should be avoided unless you can afford to lose that investment. 

There are plenty of legitimate ways to make money online out there without any initial investment (affiliate marketing) and even some free 'how to make money online' guides that just require you to enter your email - as a rule if they're asking for your money but not showing you how the results you're paying for are achieved then steer clear.

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If you want to throw MO away this is  a good place to start. There are three guys involved in the same gig. Micheal, Jason Williams and another guy all post differently. I have attached my experience so you dont make the same mistake. Cheers mate! 

BTW Google tree is also a scam and they will not refund MO

I spent 118 dollars with a scam from Jason ...



I spent 118 dollars with a scam from Jason Williams from underground secret cash program before I even conclude the transaction I was charged $118 and it kept adding up with new offers that were a must or implied without it you could not make any money. I stopped the process there and then and asked for my account to be credited with the $118. I was told it takes two days that was in early Dec08. Still havent heard fro Jason the @#$%% What irkes me is these people get away with it and no one in government or state cares. What can I do if anything. The other part that is very funny is that when you go on the money making sites some will say jason is a crook while jason says Dan Another scammer is crook.WOW what a country!! I have no job cannot get unemployment and so I am @#$%^&* off. Does anyone know if Google tree has money making potential? Cheers and God Bless

We are Underground Cash Secret. We have customer support available via phone and email at 1-866-558-1425 and support@ucssupport.com.

Thank You

Underground Cash Secret

I believe they have closed selling the product online.

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Hello, we are Underground Cash Secret. Our Professional Customer Support team are always available to answer any questions or concerns that you may have. We can be reached via email at support@ucssupport.com or by phone at 1 (866) 558-1425.
Thank you,
Underground Cash Secret

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