Joy Fund - Program Discussion

Posted: Fri Sep 08, 2006 10:18 pm

Please discuss the Joy Fund opportunity here and please restrict all posts to the program concerned.

Posted: Tue Sep 19, 2006 5:07 pm

levaz wrote:

eagleye wrote:

Hello Levaz,

You were talking about a man named Paul who probably has a pool in Joyfund. How can I get in touch with him?

Kindest regards,

Joop.

Paul is the trader and the site admin, when he first started, he was discussing about setting the min. to join the program.

Initially he set it at 1K, but then he started the pool where in you buy units worth $600+ each with a min of 4 units.

I will get in touch with him and see if the pool is still open to members.

Please give me a couple of days.

Levaz

Thanks,

Joop.

Posted: Tue Sep 19, 2006 5:08 pm

Seems that the minimum units has now risen to 10 @ $502.74 per unit.

Quote:

General Information
Instrument: options on commodities
Currency: USD
Launching date: November 1st, 2005
Minimum investment: 10 Units
Minimum term: 3 months
ROI
Unit price

Unit price: august 2006 ........ $502.74

Investor Joined: 21 Sep 2006 Posts: 160

levaz wrote:

Seems that the minimum units has now risen to 10 @ $502.74 per unit.

Quote:

General Information
Instrument: options on commodities
Currency: USD
Launching date: November 1st, 2005
Minimum investment: 10 Units
Minimum term: 3 months
ROI
Unit price

Unit price: august 2006 ........ $502.74

Arnaud will again raise that minimum in the future, to avoid administrative work overfloading. It's the reason why Arnaud gave 3rd parti the possibility to open pools for "small" members : Feefderfund and TraderAIC are the english ones (a frenc, a spanish and a danish are the other official pools)

Posted: Fri Sep 22, 2006 7:58 pm

Just to let everyone here know, Gray Eminence is the moderator on TraderAIC that handles one of the authorized Joyfund pools. He is the mod for the English section of that forum. I believe that the original language of the forum is French.

They are cost effective as compared to FF and another well known pool for Joy Fund.

Since that is a genuine opportunity, Gray Eminence, could you please post a link for our members, if they are interested in joining a pool to access the otherwise high minimum program.

Fellow members, please do not take this as an open invite to post your links!!

This is a courtesy extended exclusively to Gray Eminence in this instance to allow our members to benefit from this great opportunity.

Levaz

Investor Joined: 21 Sep 2006 Posts: 160

levaz wrote:

Just to let everyone here know, Gray Eminence is the moderator on TraderAIC that handles one of the authorized Joyfund pools. He is the mod for the English section of that forum. I believe that the original language of the forum is French.

They are cost effective as compared to FF and another well known pool for Joy Fund.

Since that is a genuine opportunity, Gray Eminence, could you please post a link for our members, if they are interested in joining a pool to access the otherwise high minimum program.

Fellow members, please do not take this as an open invite to post your links!!

This is a courtesy extended exclusively to Gray Eminence in this instance to allow our members to benefit from this great opportunity.

Levaz

Hi Levaz,

Than k you very much for the autorisation, TraderAIC i indeed originally a private pool program.
Chris (TAIC owner know well Arnaud (JF owner ), have the approval to open the pool, and in addition can audit JF on a regular basis

http://www.traderaic.com/forum/index.php?c=6

I know that most people invested via FF due to their reputation, but as always, it's good to consider alternatives and diverisifcation options.

Cheers,
Gray Eminence

Posted: Sat Sep 23, 2006 12:26 pm

Gray Eminence,

Thanks for presenting the opportunity to our members to participate in Joy Fund without having to shell out 5K+.

We will create a new folder - TraderAIC (Official Joy Fund Pool).
Since this is DD assured fund, we will be directly locating it in the THE LIST section.

Levaz

Newbie Joined: 26 Sep 2006 Posts: 36 Location: Germany

From FeederFund:

Quote:

Joyfund posted a disappointing loss of 7.33% in September, mainly due to significant falls in many commodities.

Posted: Wed Oct 11, 2006 9:59 pm

This is the first loss this trader has had in the past year.

I also means it is that much cheaper to get in to the program. Since the value of each unit has dropped in value to reflect last months loss.

Newbie Joined: 20 Sep 2006 Posts: 43

I have PM'd Chris to join. Nice to know we dont have to join at 5k Wink

Investor Joined: 21 Sep 2006 Posts: 160

lovelydi21 wrote:

I have PM'd Chris to join. Nice to know we dont have to join at 5k Wink

We can thank Arnaud to have allowed it
We can thank Chris to run the pool
And we can thank Levaz to let us know about it here Smile

Newbie Joined: 20 Sep 2006 Posts: 43

Thanks Levaz! By the way, Chris has already responded with instructions for deposit to the Joyfund pool. Geez he was quick! Cool

Posted: Thu Oct 12, 2006 6:46 pm

Good luck to you guys, and please keep us all posted.

I am waiting and watching this one too from the side lines until I am ready.

Investor Joined: 21 Sep 2006 Posts: 160

The loss has been analysed by Arnaud and he put in place new process to avoid such things in the future. A really bad month for the new investors (like me), starting with a loss

Posted: Mon Oct 16, 2006 4:13 pm

Not a member really, as always, going thru most of the forums and threads. Now did the following occur?
"Joyfund will provide you with several long term investment opportunities (based on real trading!). Each time one of its funds reaches the 1.5 - 2M$ capital (such amount is needed in order to justify the implied increased costs), several events will take place:
* It will be branched out to a new entity,
* Shares will be issued to investors proportionally to their investments,
* Costs will be rationalized toward a lower burning rate and thus a higher profit share for investors,
* An internationally recognized external audit will be hired,
* The fund will be opened to high worth investors thus increasing fund's long term reliability,
* Money Management rules will change to enhance capital preservation."

Investor Joined: 21 Sep 2006 Posts: 160

Not yet at my knowledge, but I know that Arnoud is working on moving JF to a legal entity and I guess those comments were made on purpose.

What's for sure, we don't have to worry about the one man show, everything is covered by a lawyer in case something happen to Arnaud

Newbie Joined: 24 Sep 2006 Posts: 50

where did arnaud explain the loss also has he got plans to avoid future losses as if theres another loss next month people will start to jump ship before the ship sinks i know we could get 10 losing months of 5% and two 50% winning months and people wsould be happy but not good for yourt health or sleep to stressful

Investor Joined: 21 Sep 2006 Posts: 160

whitts99 wrote:

where did arnaud explain the loss also has he got plans to avoid future losses as if theres another loss next month people will start to jump ship before the ship sinks i know we could get 10 losing months of 5% and two 50% winning months and people wsould be happy but not good for yourt health or sleep to stressful

He did on his forum.

It's real business, and commodities trades are more volatile than Forex, you can never forseen a tsunali or typhoon destrying some commodities. I don't care losses, I'm pretty confident that it was worst to Arnaud than investors to suffer a loss Wink

Posted: Tue Oct 17, 2006 6:19 am

hey folks, thanks for the quotes. looking forward learning more.

Investor Joined: 21 Sep 2006 Posts: 160

Levaz, maybe you can move this message to the appropriate topic Smile

TAIC forum is having some technical problem for the moment, you can't log in. Chris is working with the host to solve the issue.

In the meantimes, Chris is implementing a new forum with a new host, I will give you the info as soon as I will have them. Unfortunatelly you will have to register again.

Be assured that your funds and data aren't at risk, the money is in JF and the data are kept offline too. If you have any question or want to invest in JF pool, you can PM me on any forum you will find me Smile

Cheers,
Gray Eminence

Posted: Tue Oct 17, 2006 11:09 am

Gray Eminence wrote:

Levaz, maybe you can move this message to the appropriate topic Smile

TAIC forum is having some technical problem for the moment, you can't log in. Chris is working with the host to solve the issue.

And I was about to register and learn the details. GE let me know here when the forum goes up working. Thanks

Posted: Tue Oct 17, 2006 11:28 am

Suggestion Gray Eminence:
"After 6 months, or you let your investment (principal + 3 first months interests) in the pool earning you interests, or you can request a full withdrawal. "

If I understand correctly then you should modify it to:
"After 6 months, either you let your investment (principal + 3 first months interests) in the pool earning you interests, or you can request a full withdrawal. "

And how long they remain with the pool if I decide I want to further get interest paid to me. Monthly? Until I decide to withdrew the money?

18% is alot what TAIC cuts down. My oppionion of course, pure profit just because Joyfund is private. Taking advantage of the situation or what?
Same that happens when war fires up, shops tend to use these circumstances to increase the products price and profit due to it, and make it even harder for all others.

I dont find any justification in the 18% fee.

Investor Joined: 21 Sep 2006 Posts: 160

Hi enobud,

the sentence was corrected by an American friend, I will submit her your comment, we will see Wink

True TAIC charge 18%, but FeedeFund charge 25% without including withdrawal fees Wink

. No idea on what is based the 18%, i will see with Chris if he can answer your question .I'm only a "human translator", moderator fo the english section and a simple investor as everybody, I don't manage the pool Smile

Posted: Tue Oct 17, 2006 11:41 am

Gray Eminence wrote:

Hi enobud,

the sentence was corrected by an American friend, I will submit her your comment, we will see Wink

True TAIC charge 18%, but FeedeFund charge 25% without including withdrawal fees Wink

. No idea on what is based the 18%, i will see with Chris if he can answer your question .I'm only a "human translator", moderator fo the english section and a simple investor as everybody, I don't manage the pool Smile

To clarify and post an appology - as I see Joyfund is not private but rather the limit is almost $5k. Still, what is the 18% for? I mean, Joyfund admin takes 4%, Chris takes staggering 18% of the remaining 66% and one ends up with 54%.

Posted: Tue Oct 17, 2006 11:42 am

Gray Eminence wrote:

Levaz, maybe you can move this message to the appropriate topic Smile

Done. We may have to create a folder for you, GE.

Levaz