Bridge Financial LLC

[Dexter Ward]

Does anyone have any experience with Bridge Financial LLC. They market a
system developed by Joseph Zelinski called the Surety Fund.

[infoanalysis]

I must have gotten the same phone call as you.

Some things the salesman said to me:

Don't check with your friends they will say it is too good to be true.
5,000 invested returned 53,000 compounded year 2007.

Limited time offer Zelinksi is only looking for100 new clients to enter the fund.

$5000 one time sign up fee. guaranteed to double your money or full refund. Or you can despute the purchase with a credit card within 90 days.

We are in the better business bureau. How about the SEC?

They will not let me ( the salesman)join the fund because it is so good that I will not come to work.

No publications, no referral list
I beleive it is heavily leveraged scalping.
Intersting but scary.


John

[4xStar]

It always fascinates me how people find a 'guaranteed' way to make a million dollars (or 10 million these days) and then the first thing they want to do is spend time & money trying to sell it to other people.

The last thing I would want to do is run around the country or the internet hawking it to others. When I first started trading stocks a few years back I was talked into spending $2500 for "decision making software" by some slick sales pitches. If I had spent a few minutes reflecting on it, I would have figured out what I just said above .. if you have truly found 'it', why spend all your energy trying to sell it when you can sit back & trade your way to untold riches, from the comfort of your yacht

[JonnyFX]

You read about stuff like this all the time in SPAMS and in shady forums.
If they are able to make such huge returns, why are they scrounging for little funds here and there from "clients"? That has always made me laugh but then again, I saw on 60 Minutes that doctors, lawyers, and PhDs are still falling for Nigerian scams still to this day. Go figure. Ya, they can make trillions of dollars but they need money to do so? Uh ok.

[infoanalysis]

I agree 100% There is a little sucker in me that always wants to believe that there is a pot of gold at the end of the rainbow- to believe no this time it is different. This is a basic human flaw I have and it is why Iam a dangerous trader.

A good book that pointed this out to me was new market wizards

[infoanalysis]

the salesman said, they were registered with the BBB. It does not have them listed as registered but here is what it had to say.


BBB Comments and Analysis
This company offers computer software and accounts for forex trading systems for an initial investment of $5000. The Forex market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders' investments increase or decrease in value based upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events.

When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit. An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.

Forex trading systems typically are computerized programs that signal members of the public when to buy and sell foreign currency. Systems produce buy and sell signals based on mathematical formulas and are typically based on technical analysis of trading data (trading volume and prices), as opposed to fundamental analysis (analysis of economic factors such as supply and demand). Trading systems that are based on technical analysis attempt to predict future price movements based on historical prices, price relationships and price trends.

In deciding whether to purchase a particular trading system, members of the public should remember that no Forex Trading system can guarantee profits. And, whether or not a trading system is used, currency trading is typically a high-risk endeavor.

Hypothetical trading results typically are based on trading simulations using historical price data or simulated "real time" computer trading. To obtain these results, trading system promoters typically pretend that they traded forex contracts at market prices that occurred some time in the past. They then calculate the trading results that these purported trades would have achieved had they been placed, based on actual historical prices. These results often show impressive trading results and large net profits with only a few, small margin calls. Whether based on historical data or simulated "real time" trading, hypothetical results do not reflect the results of any actual trading. In other words, there is no actual futures account, no actual investment, no actual trading, and no actual profits. The results are purely the product of simulation.

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[jctrader]

I have received daily calls from them which I ignored until yesterday. Spoke with them and learned of their guaranteed deal to earn at least 10% for a mere $5000 fee. The guarantee applies if you keep your money in for a minimum of 12 months- of course you could be broke by then! Checked with the CFTC and found no record of them. I told them that and they called and said the money is held by another institution which is registered. They said that Joseph Zelinski has "8" years of trading experience. WOW! I told them I had 15 years and to take a hike!