Alan Seymour's

2011 Trading Accounts

sportsarbitragereview — Thu, 15 Dec 2011 09:56:57 +0000

I kept my trading capital at GBP 50,000 in 2011,

withdrawing my profits each quarter

	Q1 2011	Q2 2011	Q3 2011	Q4 2011
TRADING INCOME	24,292	27,199	22,433	22,099

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	142	168	84	196
CURRENCY LOSSES/GAINS	101	51	-72	-91
BONUSES	1400	800	1395	400
NET PROFIT	24,992	27,323	23,359	21,937
HOURS WORKED	355	361	360	341
EFFECTIVE HOURLY WAGE	68.43	75.34	62.31	64.81
NUMBER OF ARBS	652	644	656	641
AVERAGE TOTAL INVESTMENT	892	915	903	933
AVERAGE PERCENTAGE	4.18	4.62	3.79	3.70
ROI FOR QUARTER	48.58	54.40	44.87	44.20
ROI FOR MONTH	16.19	18.13	14.96	14.73

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	9297	11340	11911	8211
SPORTS ARBITRAGE WORLD	14995	15859	10522	13888

2010 in review

sportsarbitragereview — Sun, 02 Jan 2011 11:09:28 +0000

The stats helper monkeys at WordPress.com mulled over how this blog did in 2010, and here’s a high level summary of its overall blog health:

The Blog-Health-o-Meter™ reads Wow.

Crunchy numbers

The average container ship can carry about 4,500 containers. This blog was viewed about 14,000 times in 2010. If each view were a shipping container, this blog would have filled about 3 fully loaded ships.

In 2010, there were 3 new posts, growing the total archive of this blog to 10 posts. There were 2 pictures uploaded, taking up a total of 137kb.

The busiest day of the year was August 25th with 220 views. The most popular post that day was Scamwatch: Automated Trading Services.

Where did they come from?

The top referring sites in 2010 were sportsarbitragereview.co.uk, talkgold.com, sportsarbitrageforum.com, digg.com, and scribd.com.

Some visitors came searching, mostly for orange innovations scam, switch trading scam, alan seymour arbitrage, alan seymour, and orange innovations switch trading.

Attractions in 2010

These are the posts and pages that got the most views in 2010.

Scamwatch: Automated Trading Services February 2010
2 comments

About January 2010
34 comments

Scams To Avoid January 2010
28 comments

My Trading Accounts January 2010

Trading Journals & Books January 2010
5 comments

2010 Trading Accounts

sportsarbitragereview — Tue, 28 Dec 2010 08:00:36 +0000

I kept my trading capital at GBP 50,000 in 2010,

withdrawing my profits each quarter

	Q1 2010	Q2 2010	Q3 2010	Q4 2010
TRADING INCOME	23,107	25,418	22,109	21,504

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	109	117	116	102
CURRENCY LOSSES/GAINS	-74	61	-65	-25
BONUSES	1250	950	1495	350
NET PROFIT	23,717	25,855	22,966	21,270
HOURS WORKED	359	355	349	344
EFFECTIVE HOURLY WAGE	64.36	71.60	63.35	62.51
NUMBER OF ARBS	646	638	642	631
AVERAGE TOTAL INVESTMENT	974	1012	998	997
AVERAGE PERCENTAGE	3.67	3.94	3.45	3.42
ROI FOR QUARTER	46.21	80.84	44.22	43.01
ROI FOR MONTH	15.40	16.95	14.74	14.34

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	9275	10681	10445	9740
SPORTS ARBITRAGE WORLD	13832	14737	11664	11764

My trading has stepped up a level or two this year as I have now started using cross market trades via Sports Arbitrage World. My profits this year were also given a massive boost by the World Cup bonanza!!

Scamwatch: Golden Nugget Invest Defaults

sportsarbitragereview — Tue, 09 Mar 2010 08:00:27 +0000

As happens with all such schemes, GNI has just issued a story to explain & justify their defaulting on all clients’ funds.

GNI Newsletter March 9th. 2010

Greetings to the Most Loyal GNI Friends, Family & Associates and; Nemesis:

As I have mentioned in the forum, I have spent the last few days in Northern Cyprus trying desperately to obtain those funds which belong to us – members and principals of Goldnuggetinvest.com.

Besides myself, I have been privileged to be assisted by Counsel (one of our attorneys) to not just make a strong presence on behalf of some faceless arbitrage project; indeed, but to help me place a face on the thousands of loyal GNI Customers who have (rightfully or not) depended on our presence and weekly payments to:

1. pay the rent or mortgage,
2. pay doctor’s bills,
3. pay for a family member’s schooling,
4. retire in a manner that is consistent with the years of service provided to their employer,
5. take a well-deserved vacation with someone special or
6. have some peace of mind in these troublesome times.

Despite our best efforts, and monumental efforts were made by all concerned, we could not get the directors, regulators or oversight administrators to relent. There were several tactics employed, a couple of which were most creative, but it was of no use. We thought we may have a foot in the door, only to have it cut off. What I can say is we tried damn it….we tried our hardest; but we could not overcome this hurdle.

Without this income, we go in reverse. We have had suggestions, offers which included members giving us funds, members willing to delay the taking of payments, partial payments, the entire spectrum of suggestions; the reality is, however, these suggestions amount to a band-aid when in fact a tourniquet is called for.

I must, for the sake of the sanity of myself and my family, the GNI Team Members, the Principals and our most trusted customers, shut down Goldnuggetinvest.com effective immediately and permanently. This decision will not be reversed.

Thank you from my heart!

With kind regards,
Robert and the GNI Team

Scamwatch: Automated Trading Services

sportsarbitragereview — Wed, 10 Feb 2010 06:04:33 +0000

Recently a new ‘flavour’ of sports arbitrage scam has emerged: companies claiming to have robots that will execute your bets on your behalf.

I know, it sounds silly when it’s put like that. It’s hard, without laughing, to imagine robots sitting at a desk placing bets. Although this image is a parody, you’d do well to keep it in mind when confronted with any person, company or website that tells you they have an automated betting solution…

The 2 most prominent outfits currently operating this scam are called sportarbs.com and quartadimensia.com

Both are classic Ponzi schemes.

In this case they are using the lure of sports arbitrage with the idea of ‘automatic betting’ to create the dream of ‘automatic risk free profits’. This appeals to people’s greed and willingness to believe.

The simple fact is that bookmakers impose limits on individual accounts; in the vast majority of cases the largest bet any single account can place will be $1000; given this, how do you think they are able to place bets for multiple users if they are using just one or even a few in-house accounts?

Think about the funds administration issues..

If you invest $1000 then how do they allocate this money amongst the bookmakers to ensure that there are funds available for the trades you wish to place? Indeed, once the $1000 has been allocated across several accounts, it becomes impossible for you to place a $1000 trade…

These are just a couple of glaring issues; there are many more…

Think about why they need YOUR MONEY if they have a robot that can place arbs all day and night..

Why would they be happy with just a 25% or 30% share in the profits when they could have 100% ?

Why is your money, which costs them 70% or 75% of the profit, more attractive to them than a bank loan which would cost them just 10% over a year?

The sites and their marketing is well-thought out and I expect that it is quite convincing to anyone who has little or no experience with sports arbitrage. However, there is no doubt that their true business model is that of a Ponzi scheme.

2009 Trading Accounts

sportsarbitragereview — Fri, 01 Jan 2010 08:00:49 +0000

I kept my trading capital at GBP 50,000 in 2009,

withdrawing my profits each quarter

	Q1 2009	Q2 2009	Q3 2009	Q4 2009
TRADING INCOME	17944	18150	18663	17903

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	103	221	108	194
CURRENCY LOSSES/GAINS	+207	+95	-42	+35
BONUSES	1225	750	1450	375
NET PROFIT	18,816	18,317	19,476	17,662
HOURS WORKED	322	329	344	307
EFFECTIVE HOURLY WAGE	55.73	55.17	54.17	58.32
NUMBER OF ARBS	841	824	851	831
AVERAGE TOTAL INVESTMENT	629	614	627	622
AVERAGE PERCENTAGE	3.39	3.59	3.49	3.46
ROI FOR QUARTER	35.89	36.30	37.27	35.81
ROI FOR MONTH	11.96	12.10	12.42	11.94

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	9052	8993	8626	9103
ZERO-RISK-ARBITRAGE	8892	9157	10007	8800

2008 Trading Accounts

sportsarbitragereview — Thu, 01 Jan 2009 08:00:38 +0000

I kept my trading capital at GBP 50,000 in 2008,

withdrawing my profits each quarter

	Q1 2008	Q2 2008	Q3 2008	Q4 2008
TRADING INCOME	18438.26	18332.89	17855.62	14522.14

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	198.33	264.33	242.15	227.10
CURRENCY LOSSES/GAINS	-18.12	-31.22	+5094.66	+984.22
BONUSES	1675	825	450	400
NET PROFIT	19439.81	18405.34	22701.13	15222.26
HOURS WORKED	376	372	380	312
EFFECTIVE HOURLY WAGE	49.04	49.28	46.99	46.55
NUMBER OF ARBS	886	895	851	799
AVERAGE TOTAL INVESTMENT	649	632	621	603
AVERAGE PERCENTAGE	3.21	3.24	3.38	3.01
ROI FOR QUARTER	36.88	36.67	35.71	29.04
ROI FOR MONTH	10.99	10.81	12.50	11.48

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	7051.64	6855.24	8022.79	7994.91
ZERO-RISK-ARBITRAGE	9436.77	9361.28	10728.36	9231.82

In Q3 2008, I exchanged some of my USD for GBP as the rate moved heavily in my favour. This resulted in an unexpected currency profit of just over £5,000

2007 Trading Accounts

sportsarbitragereview — Tue, 01 Jan 2008 08:00:43 +0000

I increased my trading capital to GBP 50,000 at the
beginning of 2007, withdrawing my profits each quarter

	Q1 2007	Q2 2007	Q3 2007	Q4 2007
TRADING INCOME	16488.41	16216.52	18751.15	17226.73

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	286.12	144.23	124.85	141.63
CURRENCY LOSSES/GAINS	-39.85	-63.74	-52.14	-14.13
BONUSES	1850	1025	975	1325
NET PROFIT	17555.44	16576.55	19092.16	17938.97
HOURS WORKED	371	378	402	311
EFFECTIVE HOURLY WAGE	44.44	42.90	46.64	55.39
NUMBER OF ARBS	803	814	852	834
AVERAGE TOTAL INVESTMENT	622	636	651	648
AVERAGE PERCENTAGE	3.30	3.13	3.38	3.19
ROI FOR QUARTER	32.98	32.43	37.50	34.45
ROI FOR MONTH	10.99	10.81	12.50	11.48

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	7051.64	6855.24	8022.79	7994.91
ZERO-RISK-ARBITRAGE	9436.77	9361.28	10728.36	9231.82

2006 Trading Accounts

sportsarbitragereview — Mon, 01 Jan 2007 09:00:32 +0000

I increased my trading capital to GBP 35,000 at the
beginning of 2006, withdrawing my profits each quarter

	Q1 2006	Q2 2006	Q3 2006	Q4 2006
TRADING INCOME	12996.12	11584.26	14722.32	11229.54

TRADING EXPENSES
ISP	60	60	60	60
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	238.22	191.44	181.44	209.72
CURRENCY LOSSES/GAINS	-101.45	-63.21	-14.15	-26.88
BONUSES	1250	890	1100	1450
NET PROFIT	13449.45	11762.61	15169.73	11985.94
HOURS WORKED	362	383	391	306
EFFECTIVE HOURLY WAGE	35.90	30.25	37.65	36.70
NUMBER OF ARBS	692	684	702	696
AVERAGE TOTAL INVESTMENT	608	622	658	642
AVERAGE PERCENTAGE	3.09	2.72	3.19	2.51
ROI FOR QUARTER	37.13	33.10	42.06	32.08
ROI FOR MONTH	12.38	11.03	14.02	10.69

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	6073.41	5611.91	6003.81	5378.33
ZERO-RISK-ARBITRAGE	6922.71	5972.35	8718.51	5851.21

2005 Trading Accounts

sportsarbitragereview — Sun, 01 Jan 2006 09:00:52 +0000

I used trading capital of GBP 25,000 during 2005,
withdrawing my profits each quarter

	Q1 2005	Q2 2005	Q3 2005	Q4 2005
TRADING INCOME	8211.80	9788.29	10202.65	6299.12

TRADING EXPENSES
ISP	75	75	75	75
ARBITRAGE SERVICES	397	397	397	397
TRANSACTION FEES	86.28	104.81	154.32	221.77
CURRENCY LOSSES/GAINS	-118.50	-106	-74.20	-36.23
BONUSES	525	680	1485	1312
NET PROFIT	8060.12	9785.48	10987.13	6881.19
HOURS WORKED	301	355	380	244
EFFECTIVE HOURLY WAGE	27.28	27.57	26.85	25.82
NUMBER OF ARBS	499	698	682	299
AVERAGE TOTAL INVESTMENT	652	607	631	642
AVERAGE PERCENTAGE	2.52	2.31	2.37	3.28
ROI FOR QUARTER	32.85	39.15	40.81	25.20
ROI FOR MONTH	10.95	13.05	13.60	8.40

SOURCES OF PROFIT	Q1	Q2	Q3	Q4
ARBS FOUND MYSELF	2899.56	3780.23	4277.91	3117.34
ZERO-RISK-ARBITRAGE	5312.24	6008.06	5924.74	3181.78