Delta Trading Group

[MACD]

 

[MACD]

 

[MACD]

 

[LuisJara]

Wednesday Charts after the Midterm Elections. If your Charts and Not Predictive -- then why rely on charts for trading. Note the similarity between the NQ and ES and how much these markets are highly Correlated.

View attachment 299159

I dont believe that Spaguetti traders make good money. I never knew on of them. If you want a real bussiness, keep it simple.

 

[TraderKohl]

I heard an infomercial on am station today. Always leery when they only give a phone number without saying their name or website, so I just googled the phone number. What is the charting program here in the post?

 

[schizo]

Delta Trading Group has what they refer to as "Doc's proprietary trading platform" The charge for this is $7800.00 which includes access to DTG's "Academy", and "mentoring". Dr. Vance Cast, who is shown as the developer and expert trader of 20 years is according to ]https://www.tradingschoolls.org
(Search for Delta Trading Group)
Delta Trading Group is listed as a "Scam"

I am not sure why several thousands of traders have paid for the DTG program, and do so, even after reading reviews, but they do, and that is an example of good sales and marketing by DTG and the cult-like operation fostered by Dr. Cast.

The truth is that the "proprietary software platform" offered is just a cut and paste DYO (Do Your Own) programing on the software charting company which is available to anyone for $50 a month which is also an additional charge which is required by DTG.

Why then, am I bothering to make this post regarding Delta Trading Group? Certainly NOT, to encourage any trader to pay DTG outrageous thousands of dollars and more with annual renewal fees and also the other monthly fees but to see this as a possible lesson to beware of all the "trading system peddlers" that are omnipresent in this industry. ("The How to Learn and get Rich as a Day-Trader").

Amazing then, that many are so anxious to become traders that they fall victim to these learn to get rich scams? My interest is to help some friends and relatives who are answering ads for free "2 day Pass to enter and view a trading room for Programs and Courses offered by the marketer/promoters of these apparent scams.

Well, you're not the first vigilente to stand up against these scammers, nor will you be the last. But let me regurgitate what I've said countless times in the past.

SCAMMERS EXIST ONLY BECAUSE THERE ARE GULLIBLE FOLKS WHO WANT TO BE SCAMMED.

I should also add that not only are they gullible, but they're lazy as hell. They don't wanna put in the time and effort to learn how to trade. They want others to do all the heavy lifting for them (ie. literally telling them where to get in and out). It ain't like they lack the intelligence, but they prefer to squander their time on more important tasks like social media (and, yeah, gossiping on this forum ).

 

[MACD]

@schizo, again Thanks for your cogent posts and comments. Yes, of course someone can trade (questionably -- consistently profitable without "all those squigglies and lines?" -- but if you are schooled and adept at trading "off of prices and make xxx Profits and you find that with efficient better charting/trading system you add XXXX profits per day -- then after you see the value by trying it for Free and See the value you might find that not only is it easier, and more profitable -- and requires Less focus then it might justify the cost. (Free Trial should prove and then the small monthly fee maybe seen as a fraction of additional profits.

BTW -- I do not care if anyone else is using the same trade system afforded by the charting system. Also, forget the "Look of too many lines and squiggles" -- as you can ignore all that -- as the charts call the trades without straining one's eyes as these are not determining the profitability -- and can be turned off on the charts and be invisible.