Quote from TraderTSP:
Dr. Gandevani's system is a SHAM. I took his course many years ago and I can tell you that it's impossible to become profitable. It's far too subjective in nature and he will give you the run around for years that you (the trader) are the problem not the methodology.
I studied the methodolgy night and day for many years and all it has brought me has been sleepless nights, frustration, anger and hundreds of thousand of dollars in losses.
His concept of buying and selling the market at his Key Points or Strange Attractors using his double confirmation concept is a fast way to go BROKE.
His swing course is even more rediculous, where he tells you to buy and sell his Double Confiramtion (which is essentially an indicator which identifies a divergence and paint bars) on the 30 minute chart. If you want to go bankrupt, then this is the system for you.
Dr Gandevani has essentially created a magnificant business to try to syphon as much money as possible from people, by incorprating different levels of courses, daily commetary (which is far to vague at best), coaching, swing course, automated systems (which have yet to be profitable) etc, etc, etc.
His monthly postings of astronomical results are FALSE. He WILL NOT come forth with audited results simply because his postings are trades that have been assumed in hindsight. I signed up to trade live with him for $20,000.00 for the month, and we were essentially at a loss almost everyday. He will NOT post the losers on his daily commentary because he tells you that they were level 3 trades (right). This is rediculous and a CLASS ACTION LAWSUITE for false advertisement is finally in order.
His Daily Commentary results are calculated at days end, not his actual trades (he'll look back in hindsight and calculate what should have been done, this is impossible as he has the magical ability to NOT trade the losers and trade only the winners and by the grace of God, exit at the best price possible). As mentioned above, I traded live with him and I realized this in the end.
Please traders, stay away from Dr. Gandevani, he is a master manipulator, I promise you this. He has only brought misery and anger and frustration to my life.
His exit strateies don't even exist. It's either 3 waves or double tops or bottoms, can you imagine attempting to be objective with this???
When you ask him why the Key Points or Magic numbers aren't working, he'll tell you there must have been news, right Ned, there's news everyday.
He professes that his Double Confirmation has a 90% success rate. My calculation for his stratgies (10 years of data) are around 20% and 30 to 40% for his Key Points, Magic Numbers and Strange Attractors.
I was one of his most dedicated students, only to realize that he swindled me, I don't want this to happen to anyone else, stay away from this person.
TraderTSP
