Anybody pay Tom Yeomans for his signals? They are a ripoff!!

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Quote from Pippi436:

Seriously, why would *anyone* in the trading business sell something worthwhile for $275 - its ridiculous. The offer says it all really, $275 in trading is nothing. Just apply a little common sense. People selling signals/trading system for these amounts of money are either crooks, fools or novices.

It's done all the time in the professional world.

I agree with you regarding about 99% of sellers, but there are very few legitimate ones. For example, I have met Dave Floyd and from www.aspentrading.com and he seems pretty honest and has institutional clients.

You know, I don't know why I bother explaining this and why it bothers posters on this board so much? Do you all really have that much time on your hands to post such innocuous, regurgitated comments? I don't have that time, that is why I have so few posts.

Will a real live person with Tom Yeomans experience please stand up? :)

Thanks everybody,

Otherside
 
Quote from otherside:

Thanks Compulsive. I appreciate your efforts.

I did a text search and Yeomans doesn't come up in that article. Are you suggesting that Tom is Felix? It could be, but Tom is from Canada and has a Canadian, no Russian accent.

Cheers,

Otherside

I have seeing his videos in chat rooms in the past where he's made calls - they weren't live to me ofcourse, but there were 30-40 people logg in and paying $900 a month (true? I do not know),but from my understanding FELIX is TOM and also the marketing guy where they hooked up with Robert Grespi and he is the one trading
http://www.secretforexsociety.com/

heard that Robert Grespi turned down a job at SWISS BANK (high salary + bonus exceeding $1million a year

Robert Grespi trades the NEWS only...? :cool:
 
Quote from otherside:



He sent an email in July 2008 telliing of his new methodology along with a copy of his trade record at Oanda. I thought is was worth looking at again.

Otherside

And perhaps it is.

If he's genuine, (and knowing how much bad press he's had and how many sharks there are in this business), the easiest thing for him to do would be either offer a live sub-account to his potential subscribers (who knows, he may attract some long term client funds), or offer demo sub-accounts. Both ways subscribers could see for real what they're going to be paying for instead of relying on trading records or accounts. If he's any good and produces the returns then he'll build up a good following, get good press around the forums and websites, and a healthy income from very little additional work (sub accounts on Oanda's FX Manager are easy to set up and proportioning is automatic, even billing can be automated, it's no extra work for the trader)

I always question the integrity of sellers who don't offer a totally free trial for their services, any genuine seller will perfectly understand the average persons sceptisism about the whole signal selling/training/fund managing industry.

Perhaps the lack of posts around the forums from satisfied clients says it all? I would think that most people would be happy to promote or endorse a genuine seller, after all the more customers the seller has - the more chance of him continuing his signal selling business.

From everything I've read I would have to say in all probability it's a 'scam'.
 
Quote from Compulsive:

I have seeing his videos in chat rooms in the past where he's made calls - they weren't live to me ofcourse, but there were 30-40 people logg in and paying $900 a month (true? I do not know),but from my understanding FELIX is TOM and also the marketing guy where they hooked up with Robert Grespi and he is the one trading
http://www.secretforexsociety.com/

heard that Robert Grespi turned down a job at SWISS BANK (high salary + bonus exceeding $1million a year

Robert Grespi trades the NEWS only...? :cool:

$900 is insane if true. I have seen him make live trade calls and they were decent and I made a little money trading mini-lots --just to test. I thought it was a good thing, because doing his trades was just in the morning for about an hour or so.

I don't know, but I have a hard time believing he is Felix. Tom talked about what a dirtball Felix ended up being and talked about their brief relationship in the chat room in July of 2007. The other thing is that Tom is an older guy and there is no doubt about it. In the chat room, he talked about his personal life and personal projects and they were things that an older guy would say...not some scheming Russian guy. But I could be wrong!

Yeah, that Grespi thing sounds like pure shite.

Anyway, it's just been a mystery to me.

Thanks,

Otherside
 
Quote from cabletrader:

And perhaps it is.

If he's genuine, (and knowing how much bad press he's had and how many sharks there are in this business), the easiest thing for him to do would be either offer a live sub-account to his potential subscribers (who knows, he may attract some long term client funds), or offer demo sub-accounts. Both ways subscribers could see for real what they're going to be paying for instead of relying on trading records or accounts. If he's any good and produces the returns then he'll build up a good following, get good press around the forums and websites, and a healthy income from very little additional work (sub accounts on Oanda's FX Manager are easy to set up and proportioning is automatic, even billing can be automated, it's no extra work for the trader)

I always question the integrity of sellers who don't offer a totally free trial for their services, any genuine seller will perfectly understand the average persons sceptisism about the whole signal selling/training/fund managing industry.

Perhaps the lack of posts around the forums from satisfied clients says it all? I would think that most people would be happy to promote or endorse a genuine seller, after all the more customers the seller has - the more chance of him continuing his signal selling business.

All fair points...

Here is the trading account he places live trades in:

http://forexgrail.com/members/shots/statement.htm

Those gains were from 3 trades last month and all 3 were legitimate. I saw them in real time.

Just odd that he hardly puts trades on now. In the last 3 months he has done about 5 trades and I think the other 2 trades were breakeven pretty much --but not on the above statement.

Otherside
 
Quote from otherside:

Thanks prick. Do you have anything constructive to say? I saw his trade report and figured $275.00 is a small amount in comparison to my trade account and I'm not bothered about the money, just bothered that the guy pussed out on putting out more trades since the market "got too volatile" for him. I was just trying to diversify my own trading.

I used to sell stock research to quant managers all the time without any "live performance," so STFU you 2 bit piker with a mini account and probably demo at that.

Anyone else have any experience with him?

Cheers,

Otherside

Hahaha. You are such a cock. You gotta pay some clown $275.00 so you can call yourself a trader?? What? You are a douchnozzle and you call another guy a piker that tries to help you?? Hahahahaha-take a look in the mirror. Better yet go to Kids R Us they have a trader-piker halloween costume for two bucks. Bwahahahahahahahahahahaha.
 
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