my cyber trading friend emg:
you are indeed well informed.
much impressed indeed.
another three cheers for you from the bottom of my heart.
A list of all scam unregulated 3rd party educational vendors
- Thread starter emg
- Start date
my cyber trading friend emg:
you are indeed well informed.
much impressed indeed.
another three cheers for you from the bottom of my heart.
sorry, stock777:
you are a little incorrectly informed.
woodies free chatroom has been devoided of moderator for a few months now.
not for the reason that you suspected.... but he has been requesting a monthly donation of about $100.... if anyone wishes to hear the moderating with the new bars that woodies named after himself as WOODIESBAR....
wanna see what the WOODIESBAR looks like....?
pm me....
and for another $200 per month, after having made the monthly donation of $100...., you can lease the woodiesbar for personal use....; for a grand total of $300 per month fees....
anyone still interested....?
(no, i have no biz interest, nor any brokerage, nor kickback fees or otherwise, nor any form of investment interest.... remotely vested therein and thereof with woodies'....)
since there is no registered nor qualified professionals involved in woodies' room, and they do not call out trading signals per se for others to act or not to act.... nor acting on or in behalf of anyone....;
they are just another group of traders.... trying to do what they do.... to help others learning how to trade by subscribing to woodies ideology and woodiesbar application.... at $100 + $200 per month....
in my personal opinion and experience.... woodies' methodologies, whether you agree or disagree with him-is another matter.... but he does not belong in your blacklist....
gregg88
since you have personally participated in the puretick's trading activities, and i am just very curious as to the defending statement that you made....
But confusion does exist with new-traders, because
Alex - did do some advanced trading styles....
just what do you exactly mean.... some advanced trading styles....?
i do not wish to put you nor puretick on the spot, OK? but....
1--just how do you define in operational terms.... puretick's advanced trading styles, pls?
2--just when do you apply this so-called puretick's or alex's advanced trading styles in normal trading activities.... pls?
you really do not have to answer any of the above, if you do not feel like it or do not wish to, ok? no harm done at all. but in case if you do decide to defend it a little better.... i owe you a big thank you, too.
gregg88
this is my second question to you within the hour...., 'cause i just stumbled on this site about an hour or so ago.
are you or are you not giving out conflicting comments about puretick's....?
my first question was centered around your comment as cited immediately below:
But confusion does exist with new-traders, because
Alex - did do some advanced trading styles.....
the above question was posted under another heading within the same thread.
----------
now you are also saying that....
I only support that site, because I improved there.
But left that site for my job responsibilities.....
everyone here knows too well that trading could be very rewarding, profitable and exciting.... as well... all in one bundle.... right?
if that site is effective in reshaping you into a better trader and a more consistently profitable trader.... as you seem to convey the message....
if i were you, i would not leave.... i would swipe my cc to stay on....
am just curious as to some reasons why you are not staying a little longer to become a profitable trader....?
again, pls do not feel that you have to answer.... you do not have to at all, if you do not wish to, ok? but if you decide to answer, i thank you sincerely.
emg:
confound it....
i do not know much about other names being on your list, nor do i know exactly what they were trying to sell to dupe others....
but i do know something about woodies cci club up to and including prior to last few months when he starts charging a donation of some 100$ to join his new trading room called S and S room where he uses his own trading bar named after himself--woodiesbar.... and he also charges another 200$ for lease of his woodiesbar for personal usage, if any trader wishes to have personal woodiesbar for independent personal use....
all these are upfront and there is no other hidden cost that i am know of to date.... the dvd sale and the seminar are also up front....
now let's get to specific allegations and rumors by some et members as shown below:
------------------
1--marxdhr--I have been reading numerous posts on the web indicating that trading with Woodies CCI system is a fraud and that the moderators in the rooms on his site acknowledge that they don't really make money with his methods. Many have said that Woodie himself does not make any money with it.
Does anyone know if the method works or whether it is a fraud? Do you know anyone who actually makes money with it?
MARXDHR--admitted that he was reading others' posts.... without any personal knowledge whatever....
------------------
2--IronFist--Here's what I have heard:
- He doesn't make money trading
- His trading room moderators admit that neither they nor anyone else makes money
- None of his setups or methods have backtested profitably (here come the people who say backtesting is useless)
And let's be honest, CCI just shows you how far price is away from a moving average. You don't even need an indicator to tell you that. Well maybe Woodie's crew does, because aren't they the ones who claim you don't even need to look at price to trade? lol. But just because price gets a certain distance from a MA, or comes back and touches it, doesn't mean it's gonna do anything you can bet on in the future. That's why Woodies traders don't make any money.
IRONFIST--also admitted-what i have heard....
---------------------------
3--Aletheia--I seem to recall reading an article where Woody claimed the inventor of the CCI gave him the code to improve upon, but when the inventor was later asked about it, he said he never heard of Woody.
Regardless of who was lying, although the inventor had no motive to do so, a CCI measures the distance from a moving average. No magic there. The fact no one has ever made money using the system tells all.
It's obvious Woody makes money hiding behide the guise of Make-A-Wish skimming money from the flock. He claims all proceeds goes to charity, yet never discloses an audited statement to back that claim up, or what he establishes as his fee for holding seminars. Basically, he says all profit from seminars goes to MAW, but he doesn't say that he skims 99% of the proceeds as his fee, therefore, leaving 1% for MAW. Technically, he is telling the truth, but in reality, he is deceiving the herd.
I call fraud.
ALETHEIA--also admitted that--i seem to recall reading....
---------------------
4--Billybob543--Woodie can't make money trading CCI.
Woodie stated a few months back that he trades no more than 3 contracts per trade. I think he let it slip by mistake and didn't realize it until he had already said it. Now surely someone who has been trading the CCI for "over 30 years" and the self-proclaimed Emperor of the CCI should be trading far more than 3 contracts.
Woodie most likely makes most of his money from website advertisements, DVD sales, and Trade-A--Longs.
Heck..everytime Woodie has to travel by Air, he now tries to get unsuspecting newbs to pay for his airfare in the city of destination by performing a "mentoring" session.
Does this sound like someone who makes a living from trading?
BILLYBOB543--does billybob543 talk to woodie's broker and get confirmation that woodie can not make money trading with cci....?
does billbob543 even know which brokerage represents woodie....?
-----------------
5--larrybf--the whole thing is a GIANT HOAX.........HOWEVER my post will not change the mind of even one losing believer of this CULT......
LARRYBF, surely made a statement of fact here.... for sure, right?
-------------------
6--
confound it....
i do not know much about other names being on your list, nor do i know exactly what they were trying to sell to dupe others....
but i do know something about woodies cci club up to and including prior to last few months when he starts charging a donation of some 100$ to join his new trading room called S and S room where he uses his own trading bar named after himself--woodiesbar.... and he also charges another 200$ for lease of his woodiesbar for personal usage, if any trader wishes to have personal woodiesbar for independent personal use....
all these are upfront and there is no other hidden cost that i am know of to date.... the dvd sale and the seminar are also up front....
now let's get to specific allegations and rumors by some et members as shown below:
------------------
1--marxdhr--I have been reading numerous posts on the web indicating that trading with Woodies CCI system is a fraud and that the moderators in the rooms on his site acknowledge that they don't really make money with his methods. Many have said that Woodie himself does not make any money with it.
Does anyone know if the method works or whether it is a fraud? Do you know anyone who actually makes money with it?
MARXDHR--admitted that he was reading others' posts.... without any personal knowledge whatever....
------------------
2--IronFist--Here's what I have heard:
- He doesn't make money trading
- His trading room moderators admit that neither they nor anyone else makes money
- None of his setups or methods have backtested profitably (here come the people who say backtesting is useless)
And let's be honest, CCI just shows you how far price is away from a moving average. You don't even need an indicator to tell you that. Well maybe Woodie's crew does, because aren't they the ones who claim you don't even need to look at price to trade? lol. But just because price gets a certain distance from a MA, or comes back and touches it, doesn't mean it's gonna do anything you can bet on in the future. That's why Woodies traders don't make any money.
IRONFIST--also admitted-what i have heard....
---------------------------
3--Aletheia--I seem to recall reading an article where Woody claimed the inventor of the CCI gave him the code to improve upon, but when the inventor was later asked about it, he said he never heard of Woody.
Regardless of who was lying, although the inventor had no motive to do so, a CCI measures the distance from a moving average. No magic there. The fact no one has ever made money using the system tells all.
It's obvious Woody makes money hiding behide the guise of Make-A-Wish skimming money from the flock. He claims all proceeds goes to charity, yet never discloses an audited statement to back that claim up, or what he establishes as his fee for holding seminars. Basically, he says all profit from seminars goes to MAW, but he doesn't say that he skims 99% of the proceeds as his fee, therefore, leaving 1% for MAW. Technically, he is telling the truth, but in reality, he is deceiving the herd.
I call fraud.
ALETHEIA--also admitted that--i seem to recall reading....
---------------------
4--Billybob543--Woodie can't make money trading CCI.
Woodie stated a few months back that he trades no more than 3 contracts per trade. I think he let it slip by mistake and didn't realize it until he had already said it. Now surely someone who has been trading the CCI for "over 30 years" and the self-proclaimed Emperor of the CCI should be trading far more than 3 contracts.
Woodie most likely makes most of his money from website advertisements, DVD sales, and Trade-A--Longs.
Heck..everytime Woodie has to travel by Air, he now tries to get unsuspecting newbs to pay for his airfare in the city of destination by performing a "mentoring" session.
Does this sound like someone who makes a living from trading?
BILLYBOB543--does billybob543 talk to woodie's broker and get confirmation that woodie can not make money trading with cci....?
does billbob543 even know which brokerage represents woodie....?
-----------------
5--larrybf--the whole thing is a GIANT HOAX.........HOWEVER my post will not change the mind of even one losing believer of this CULT......
LARRYBF, surely made a statement of fact here.... for sure, right?
-------------------
6--
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Here's another guy who's setting up a scam. He offers a free trial. You go to the website, login and you can't hear anything - all you see is charts.
So I asked the guy about the audio - he'll fix it. One week passes and the audio is not fixed. Then he starts sending emails about the "free trial" which starts two hours into the market session and is a recorded webinair!
I sent him an email that I never received the free trial. What do I get back? A chance for a "free trial" if you sign up at PayPal for $249.99 (first three days are supposed to be free, but trusting this guy is a big mistake).
Oh and wait!! You don't get to see anything but trades on the chart for four months!! After four full months of paid service, he says he'll tell you what he's doing, etc.
The guy must think he has the Holy Grail. I think he's a scammer looking to acquire clients who are willing to participate in his black hole.
Add this guy to your list.
http://www.youtube.com/tradingstarprodotcom#p/u/1/1BDFUI-TiEQ
So I asked the guy about the audio - he'll fix it. One week passes and the audio is not fixed. Then he starts sending emails about the "free trial" which starts two hours into the market session and is a recorded webinair!
I sent him an email that I never received the free trial. What do I get back? A chance for a "free trial" if you sign up at PayPal for $249.99 (first three days are supposed to be free, but trusting this guy is a big mistake).
Oh and wait!! You don't get to see anything but trades on the chart for four months!! After four full months of paid service, he says he'll tell you what he's doing, etc.
The guy must think he has the Holy Grail. I think he's a scammer looking to acquire clients who are willing to participate in his black hole.
Add this guy to your list.
http://www.youtube.com/tradingstarprodotcom#p/u/1/1BDFUI-TiEQ