Creating Your DXSynergy DXPortfolio and Trading information

Hi, lets continue now,

DXSynergy - Creating Your DXSynergy DXPortfolio
Part C - Creating Your DXSynergy DXPortfolio

At this point you should have just finished creating your DXAccount I hope? OK. Now you need to create your DXPortfolio. Your DXPortfolio is where you will do all your trading from.

In the previous post I told you that you would be purchasing things called "digots". You make your digot selection from within your DXPortfolio. Remember, you will select digots from certain countries, cities or states. For example USD, EUR, AUD and many others.

So now you need to create your DXPortfolio in the same currency as the DXAccount you just created.

So, for the following example we will be creating a USD backed DXPortfolio:

1. Log into your DXSynergy account with the username and password you chose when you registered.
2. Click on the following menus to create a new DXAccount:

Personal -> DXPortfolio -> Create/New

3. In the "DXPortfolio Currency" field, choose the currency you want to use as your primary currency. For this USD example, you would choose the "USD - US Dollar". Also notice your Currency choices are limited to those DXAccounts you currently have created. Once you made your choice, click the "Continue" button to move to the next screen.

4. In this screen you need to select the "DXPortfolio Creation Level" you will be starting at. This level is the amount of money you want to initially fund your DXPortfolio with from the DXAccount you will be using to back this portfolio. So, if you will be starting with $25, you would choose the "DigotStandard" DXPortfolio Level. If you're starting with $50, you would choose "DigotProfessional 1". You get the point, I'm sure? (regarding the start up amount, I would rather you started with $200 or above, for faster growth returns)
(If you want a reliable e-gold exchanger, whom I also fund my e-gold though, go to www.goldnairaexchange.com)

5. Next, in the "Select A DXAccount" section towards the bottom of the page, select the DXAccount you want to connect to this DXPortfolio and use as it's primary funding source.

6. In the last section type in the name you would like to use for your DXPortfolio in the "DXPortfolio Name" box provided. For example, "Emma’s USD DXPortfolio". When you're done, click on the "Create Now!" button to create your DXPortfolio.


That's it! Congratulations! You've just created your first DXPortfolio.

DXSynergy - Trading Facts You Must Know

There is so much to learn when it comes to trading within the DXSynergy system.


If you want my suggestion on buying and selling digots, please read on:

I do not have a Merchant Account (console) because I'm not ready to make that commitment. As of writing this, there are also no Merchant accounts available. These accounts are based on supply and demand. There needs to be a fine balance between the two, so the system can thrive.


IMPORTANT FACT 1: When you create a DXAccount in DXSynergy, make sure you create your DXPortfolio in the same currency. Always try and purchase the same digot symbols as your DXPortfolios base currency to avoid any currency exchange fees.

IMPORTANT FACT 2: If you want to mix up digot destination purchases in one DXPortfolio, create your DXAccount and DXPortfolio in the DXG base currency. This will help save on any currency exchange fees as well.

That being said, I personally do not want a DXMerchant account at this time because it requires a lot more hands-on attention that a DXPortfolio account. You must log into your console at least 3 to 4 times per day, to process transactions. You also have to tie up your funds to process these requests. Also, some people involved in transactions don't follow through in a timely manner, causing your transaction to be in the “pipeline” until the deal is done. The rewards are higher with commissions and bonuses, but there are headaches. With the Portfolio side, all we care about is buying digot and getting our TDV (Total Digot Value) to grow. I like the Portfolio side, or don’t you?

Ok. Back to the Portfolio side.

The new DXSynergy system was just recently updated in May 2005. You will notice many sites and programs out there are out of date. Many forums may be current but the information on the site about how to do things, still reference the old system. The information on this blog to the best of my knowledge is current and relates to the new DXSynergy (formerly DXInOne) system.

If this post has been useful to you, I would like to read your comments on the shoutmix corner and tell your friends (and enemies) as well about this blog.

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