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EP for a part-time job

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putnam
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EP for a part-time job

Postby putnam » Fri, 15 Apr 2011 9:15 pm

Tomorrow I'm going to attend a career briefing for fx trading.
My understanding is that as long as I make more than or equal to 2500 SGD per month, the MOM will not automatically reject me for consideration of EP.
Is that right? By the way, should i wear a suit in a career briefing?
I think they will just explain what they do. That means interviews are not involved tomorrow.

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JR8
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Postby JR8 » Fri, 15 Apr 2011 10:04 pm

And what experience and background do you have in dealing currencies?

If the answer is none and you're looking at this as a way to get a visa I'll be honest with you:

- the company will brainwash you and you'll come out of that session thinking you're George Soros and will be a billionaire in a few years time.
- then the company will take lots of your money
- then you'll likely lose money if you get to deal any FX.

If you are not educated or experienced in trading currencies do not touch this 'briefing' with a barge-pole.

Harsh but better you hear the reality of it before you get sucked in.

putnam
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Postby putnam » Fri, 15 Apr 2011 11:27 pm

Thanks for informing me.

You are right. I think I need to pay 3500 SDG for a course they offer.
The trainee program consists of 4 couses. It costs 14,000 SDG in all.
http://www.trade2win.com/boards/trading ... ion-5.html

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JR8
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Postby JR8 » Fri, 15 Apr 2011 11:43 pm

On your link, see the post by Unnamedone and what it quotes.

That sums it up. Avoid!

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ecureilx
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Re: EP for a part-time job

Postby ecureilx » Sat, 16 Apr 2011 12:19 am

putnam wrote:Tomorrow I'm going to attend a career briefing for fx trading.
My understanding is that as long as I make more than or equal to 2500 SGD per month, the MOM will not automatically reject me for consideration of EP.
Is that right? By the way, should i wear a suit in a career briefing?
I think they will just explain what they do. That means interviews are not involved tomorrow.


Despite many MLM, money stealing scams claiming otherwise, EP holders are not allowed to do anything other than what is stated in the pass, from what I know ...

And I am still surprised about the multitude of people falling for such 'residual income' programs, that only make the uplines rich ..

Why not call MOM and ask their stance on engaging in part time work, while on EP ? :D :D

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ksl
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Postby ksl » Sat, 16 Apr 2011 1:40 am

Mr Putnam Why dont you try http://www.putnam.com/ I'm sure they can help, here's the number financial advisor or call Putnam at 1-800-225-1581. Though I'm not sure MOM give out EP's for part time jobs :lol: :P it takes all kinds doesn't it.


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