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Stock scams
Sep 23, 2013 10:16:18   #
fly boy
 
I believe you when you say you make incredible returns in the markets
I believe you even though I have no clue who you are
I believe that you trade real money and not on a simulator
I believe that there really is an easy way to make tons of money trading in just minutes a day, but I just haven't found it yet

Yep folks they are out there trying to steal your money. About 10 years ago, I went to a 3-days seminar on investing in the stock market and the class was $199.00. Then they tried to pressure everyone to take additional classes ranging from $3,000 to over $40,000. It was called teach me to trade. I did learn quite a bit of information and did well in the market over the years. Then a couple of years ago, I received an e-mail from the federal government stating that I was eligible to receive 3-months of free trading classes which normally would be $10,000.00. Although the 3-months of classes were free, I still had to print out 1,200 pages for the study guide. Upon further questioning the feds, my curiously got the best of me. They indicated to me that the teach me to trade company is out of business for trying to duped the public and both the woman and man who started the company are in federal prison. They were not investors iin the stock market, but real estate agents.
Moral of the story is to never pay thousands of dollars for those 2-day classes. Its a waste of time and money and more then likely, most people were never remember everything taught in the class.
Your thoughts???

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Sep 23, 2013 11:18:00   #
Phreedom Loc: Kitchener, Ontario, Canada
 
Gerald W. wrote:
I believe you when you say you make incredible returns in the markets
I believe you even though I have no clue who you are
I believe that you trade real money and not on a simulator
I believe that there really is an easy way to make tons of money trading in just minutes a day, but I just haven't found it yet

Yep folks they are out there trying to steal your money. About 10 years ago, I went to a 3-days seminar on investing in the stock market and the class was $199.00. Then they tried to pressure everyone to take additional classes ranging from $3,000 to over $40,000. It was called teach me to trade. I did learn quite a bit of information and did well in the market over the years. Then a couple of years ago, I received an e-mail from the federal government stating that I was eligible to receive 3-months of free trading classes which normally would be $10,000.00. Although the 3-months of classes were free, I still had to print out 1,200 pages for the study guide. Upon further questioning the feds, my curiously got the best of me. They indicated to me that the teach me to trade company is out of business for trying to duped the public and both the woman and man who started the company are in federal prison. They were not investors iin the stock market, but real estate agents.
Moral of the story is to never pay thousands of dollars for those 2-day classes. Its a waste of time and money and more then likely, most people were never remember everything taught in the class.
Your thoughts???
I believe you when you say you make incredible ret... (show quote)


And immediately below your topic...



Reply
Sep 23, 2013 11:56:35   #
fly boy
 
Yes Phreedom, I get all those e-mails wanting me to take classes. I've learned some great trading information just by going to the free you tube videos. They are plentiful and much more decisive on learning how to trade instead of paying for those over rated classes. i.e. on you tube you can look up trading using the macd which I found extremely helpful. I tried the method the next day and made almost $3,200.00 Not bad I would say. Not every day a a positive one although. Good luck to anyone if you decide to day trade stocks, but please be careful what you read about a certain stock that may be hot. When you decide to buy it then it just may be on its way down. In the industry its known as pump and dump. Others just want your money.

Reply
 
 
Sep 23, 2013 17:09:36   #
Phreedom Loc: Kitchener, Ontario, Canada
 
Gerald W. wrote:
Yes Phreedom, I get all those e-mails wanting me to take classes. I've learned some great trading information just by going to the free you tube videos. They are plentiful and much more decisive on learning how to trade instead of paying for those over rated classes. i.e. on you tube you can look up trading using the macd which I found extremely helpful. I tried the method the next day and made almost $3,200.00 Not bad I would say. Not every day a a positive one although. Good luck to anyone if you decide to day trade stocks, but please be careful what you read about a certain stock that may be hot. When you decide to buy it then it just may be on its way down. In the industry its known as pump and dump. Others just want your money.
Yes Phreedom, I get all those e-mails wanting me t... (show quote)


You aren't going to offer us your powerful MACD secret for a low, low price? :-D

Reply
Sep 23, 2013 18:14:54   #
fly boy
 
Phreedom wrote:
You aren't going to offer us your powerful MACD secret for a low, low price? :-D


Actually like I had mentioned, if you go to you tube and search free macd tutorials, you would be surprised at the amount of info. You can view a number of them so as to feel comfortable on how to use the macd curves. The other free video tutorials on you tube would be technical analysis, candlestick charting (not to be confused with the candle sticks on a birthday cake), day trading and investing online. There are many others, but this should keep you busy for quite some time because there is so much to learn. Take notes. Hope this helps.

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