Originally posted by goodkitty
I wrote a complaint letter to the president of the company.
Sorry to hear about that event. No matter whose software, that ain't a good behavior. Did the president respond to your letter?
WizeTrade Software - Serious issues..
- Thread starter Riesgo2002
- Start date
Sorry to hear about that event. No matter whose software, that ain't a good behavior. Did the president respond to your letter?
Wizetrade Co. is coming to my town this weekend, San Diego, CA. I have been watching their commercials and it was first hard for me to believe that such a software would make us a lot of money. Keep in mind that the commercial is PAID PROGRAM. People are paid to read their lines and say it convincingly.
However, if this so called software wizetrade could make each and everyone of us rich within that amount of time, this software would be a famously reknowned software all over the countries and world. However, since I've only recently heard of this software, I almost believed it to be a hoax or a fake, meaning they convince or lure you in to pay for their so-called rich product.
By reading comments and with the research I have gathered, I don't intend to participate or attend that wizetrade workshop this weekend. Last, I cannot believe wizetrade is costs over $3,000 dollars. If it's not making me money, it's not worth my money.
However, if this so called software wizetrade could make each and everyone of us rich within that amount of time, this software would be a famously reknowned software all over the countries and world. However, since I've only recently heard of this software, I almost believed it to be a hoax or a fake, meaning they convince or lure you in to pay for their so-called rich product.
By reading comments and with the research I have gathered, I don't intend to participate or attend that wizetrade workshop this weekend. Last, I cannot believe wizetrade is costs over $3,000 dollars. If it's not making me money, it's not worth my money.
Originally posted by Swedie
I'm so glad I found this site..........went to a seminar last night, and felt I was listening to a cross between a TV preacher and a used carsales man.
I've learned that if it sounds to good to be true it usually is, and by the way, if this program is so darn good that it makes you rich, (like the guy proclaimed) why isn't he home in Florida enjoying his family, his Ferrari, his boat, his multi million$ home, instead of traveling around the country ??????
As I was browsing through this forum, I came upon this message.
All I can say is, LMAO. You are soooo true. ... Because I completely agree that when a product seems, sounds, looks, too good to be true, there will always be that something fishy in the end. Wouldn't you be suspicious about it? I know I would be. I'd look into it before buying such a costly product I've never heard before.
A lot of bullshitting comes from the host of the tv commercial too.
Glad to see you doing research on your purchases. I currently use the software and it does provide me some valuable assistance. But it does take more to use it than te infomercial would suggest. There are more things that you SHOULD do when using the software that could help you with some of your trading decisions.
I have used, am using, and spend time training individuals here in Chicago as well as a few in other states. We have had our share of troubles and there is a learning curve. But we are all currently having success with the software. It is not an answer to all the trading dreams, but it can be used to help.
Further, if WizeTrade software (or any other for that matter) were to cost $300 and you didn't know how to use it, it would cost too much then also.
They overhyped and attempted to glitzize the heck out of the software. But it can be a tool, once you learn to use it. I think that the promotion of the product should be changed and they should let the software itself be the sell and not all the hype about the ease that you can find in using it. You still need to apply some market sense. It ain't perfect by any means.
Hello,
This is great timing to be reading about the Wisetrade software for me.. I just attended one of their seminars and although I was extremely skeptical at first -- I am a bit more comfortable with the idea of purchasing it now....
But, a few things perplex me about this thread here which I wanted to ask some questions about....
Some of you refer to it as "snake oil" - because of the "red/green/blue" (or whatever color they are) lights... It seems perfectly logical to me that a company, in an attempt to market it's products, would try to spin it in the most favorable light possible.... However, when you attend their seminars they do seem to explain a lot more and that like anything else this is basically a "system" for analyzing stock (at least, that is what I got from it).... Honestly, I don't think that's a fair analysis and here new people are (like me) trying to figure out a reasonable way to get into the stock market and all we get is extreme positions......
Wisetrade *specifically* told me that between purchasing the software and attending the full-day training session that I should paper trade with it as much as possible... If that paper trading does not impress me, I can get a refund at the training session.... That seems reasonable to me....
What does not seem reasonable is that I cannot resell my software later... I will insist on this and I thank the user who posted his problem with that.....
To me, this is nothing but a tool to analyze stock and help determine when to buy/when to sell.. I plan on using it in conjunction with (I forget the name of that paper Investor Weekly or something which gives a fundamental rating on the stock?) and using what they have at the top of their list as the stocks to consider evaluating with Wisetrade... I'm not sure how that willwork, but you can be darn sure that I will test it thoroughly before throwing any money into it.....
As for all the "professionals" here who are so quick to pass along the "snake oil" argument -- what would you propose that novices like us do instead?... Your tools are virtually incomprehensible to me -- it's too much data to process and I don't want to look at *everything*... Do I doubt, for a single moment, that a professional could analyze all of this data and probably make better picks then I do -- of course I don't -- I'm sure you can... But, wouldn't you agree that Wisetrade, for all of it's faults is just a tool and like any tool it depends on how you use it?....
I thought I would come here to find impartial advice on this subject, but I see what I have really found is just the other side of the argument....
I will, at least, post as I progress with the software and try to remain objective... And if I lose my shirt - I've nobody to blame but myself, I consider myself warned... If, on the other hand, I do well I think it only fair that certain posters here eat a big old crow.....
Now that all that is said and done, is there someplace to discuss Wisetrade that is not moderated by the Wisetrade vendor?.. I would like someone to give me *ACTUAL RESULTS* from using this software in a day-trading scenario..... I would appreciate it if you could verify that you are not affiliated with Wisetrade (the company) or Dynetek (the company marketing it I guess?) in any way, though I'm not sure how that would happen....
- Greg
This is great timing to be reading about the Wisetrade software for me.. I just attended one of their seminars and although I was extremely skeptical at first -- I am a bit more comfortable with the idea of purchasing it now....
But, a few things perplex me about this thread here which I wanted to ask some questions about....
Some of you refer to it as "snake oil" - because of the "red/green/blue" (or whatever color they are) lights... It seems perfectly logical to me that a company, in an attempt to market it's products, would try to spin it in the most favorable light possible.... However, when you attend their seminars they do seem to explain a lot more and that like anything else this is basically a "system" for analyzing stock (at least, that is what I got from it).... Honestly, I don't think that's a fair analysis and here new people are (like me) trying to figure out a reasonable way to get into the stock market and all we get is extreme positions......
Wisetrade *specifically* told me that between purchasing the software and attending the full-day training session that I should paper trade with it as much as possible... If that paper trading does not impress me, I can get a refund at the training session.... That seems reasonable to me....
What does not seem reasonable is that I cannot resell my software later... I will insist on this and I thank the user who posted his problem with that.....
To me, this is nothing but a tool to analyze stock and help determine when to buy/when to sell.. I plan on using it in conjunction with (I forget the name of that paper Investor Weekly or something which gives a fundamental rating on the stock?) and using what they have at the top of their list as the stocks to consider evaluating with Wisetrade... I'm not sure how that willwork, but you can be darn sure that I will test it thoroughly before throwing any money into it.....
As for all the "professionals" here who are so quick to pass along the "snake oil" argument -- what would you propose that novices like us do instead?... Your tools are virtually incomprehensible to me -- it's too much data to process and I don't want to look at *everything*... Do I doubt, for a single moment, that a professional could analyze all of this data and probably make better picks then I do -- of course I don't -- I'm sure you can... But, wouldn't you agree that Wisetrade, for all of it's faults is just a tool and like any tool it depends on how you use it?....
I thought I would come here to find impartial advice on this subject, but I see what I have really found is just the other side of the argument....
I will, at least, post as I progress with the software and try to remain objective... And if I lose my shirt - I've nobody to blame but myself, I consider myself warned... If, on the other hand, I do well I think it only fair that certain posters here eat a big old crow.....
Now that all that is said and done, is there someplace to discuss Wisetrade that is not moderated by the Wisetrade vendor?.. I would like someone to give me *ACTUAL RESULTS* from using this software in a day-trading scenario..... I would appreciate it if you could verify that you are not affiliated with Wisetrade (the company) or Dynetek (the company marketing it I guess?) in any way, though I'm not sure how that would happen....
- Greg
Nothing we say can really stop a novice from trying out one of these slick marketed systems. After all, hope springs eternal. So my advice to you is that if you really want to do this, then just buy the system, lose your money, and be a wiser person because of it. The sooner you get this done, the sooner you can start being an actual trader.
Glad to see that you have taken the time to research the company's products. And I am also happy to see that you will take the results of YOUR OWN testing as your experience. That is more than many here have done.
As for the "No Resale" issue. It goes to the ability to stop the sale of bootleg copies of the software. Since they have allowed the owner to place as many copies on your various computers as you'd like, it gives them some control over the access that you have. In other words, many copies of he software, but only one connection at a time.
I have trained many individuals with the WizeTrade product here in Chicago and spoken with several more nationally. I am also NOT an operative with the company. I know several of the folks there from the numerous research/information gathering calls though.
If it was supposed to be a perfect tool, it ain't. If it was supposed to answer all of the trading questions perfectly, it doesn't. I find that it is a good tool to help with many of the other products that I have at my trading disposal. If you'd like you can Private Message me and I'll give you a number to call me at.
Of course you can also, buy the software, learn to use it properly, practice, and possibly be successful.