Jack o'Clubs
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Indeed. I've also got a bit irritated at the guy at 'TradingSimulation' who used to run quite a good website and now just seems to pump this kind of rubbish. I've had four emails from him now telling me how I simply can't miss this amazing NetPicks offer. I had a look at a futures alerting service he was plugging as 'brilliant' a while back, and its performance was, surprise, surprise, dire.
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I thought I would buy the remaining 147 while the going was good then sell them on ebay at a huge mark up.c6ackp said:
Sort of reminds me of the fellows at Trendsignal who a couple of years ago only had a few "seats" available but they still seem to be flogging it.
As you say, sure beats trading for a living although this chap may not agree! Does seem to be reading a script rather than delivering from the heart though. http://www.netpicksllc.com/videos/UTM 171006y.html
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rols
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Jack o'Clubs said:
Agree
I had a look at the Ultimate Trading Machine site (the name is enough to put me on sucker alert)
The style of marketing is akin to all the other get rich quick trading schemes/software.
Besides if it was that good it wouldn't be on sale to joe public
Jack o'Clubs
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LevII said:
Swap the wood panelling for bare concrete and add some guys in the background wearing black hoods with large knives and guns, and his delivery could be off a 'home video' as screened by Al-Jazeera.
blackcab
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Same here. 'Henry' he is on T2W I think. You can see how he's exploited his edge - a combination of programming and marketing. AFAICS he wrote TSim just as a lead-in for his marketing, to get publicity, goodwill, reputation etc. and then milk it later. A while ago I looked him up - I was curious about that combination - and he came up on all sorts of pure Internet marketing sites - convert eyeballs to dollars, monetize your audience, etc. etc. It puts me off TSim if I think it's just a marketing hook.Jack o'Clubs said:
Utm Door Open Again
More copies on the way, the door are going to opened again on the 12th Dec , another final 500 going to be on the market at $1000 each, so get on board quickly for this is the last lot until next time in a few weeks
)))))))))))))))))))))))))))))))
c6ackp said:
More copies on the way, the door are going to opened again on the 12th Dec , another final 500 going to be on the market at $1000 each, so get on board quickly for this is the last lot until next time in a few weeks
)))))))))))))))))))))))))))))))I've seen it!
My chum has asked for his money back.
Strangely these people will not give him his money back.
So much for their 'performance guarrantee'.
I know someone who was daft enough to send them $$. I've seen the material. In my opinion it is worthless.Joey said:More copies on the way, the door are going to opened again on the 12th Dec , another final 500 going to be on the market at $1000 each, so get on board quickly for this is the last lot until next time in a few weeks
My chum has asked for his money back.
Strangely these people will not give him his money back.
So much for their 'performance guarrantee'.
Do not waste your money on this program, Its a counter trend system and when a trend day hits and you lose two trades in a row it will wipe out a weeks worth of gains. It will win half the time but the losers are bigger than the winners.
been there,done that.
been there,done that.
Elitetrader Site
Have to agree. It is also very doubtful if these guys actually trade all these markets, Russell, dow,S&P, forex, dax etc as they make out in their daily videos, inquired about their exact entry , time etc, deafening silence) Moreover if you observe those daily videos, they keep chopping and changing the system according to changes in market behavior, coming up with nuances.
Amazing how they managed to clear 500 copies last time and countless previously , with more to unload again, just goes to show that human nature does not change, the desire for that holy grail, saw this 15yrs ago, just keeps repeating,)))
spartan15 said:
Have to agree. It is also very doubtful if these guys actually trade all these markets, Russell, dow,S&P, forex, dax etc as they make out in their daily videos, inquired about their exact entry , time etc, deafening silence
) Moreover if you observe those daily videos, they keep chopping and changing the system according to changes in market behavior, coming up with nuances.Amazing how they managed to clear 500 copies last time and countless previously , with more to unload again, just goes to show that human nature does not change, the desire for that holy grail, saw this 15yrs ago, just keeps repeating,
)))spartan15 said:
check out the site on Elitetrader:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=74863&perpage=6&pagenumber=10
Guarantee
If you go through the fine print you will find that you are GUARANTEED never to get your money back)))) Think these guys have done their consultation with their lawyers to get around the laws in the U.S.
Tell your pal to focus on the 15/5 strategy which has some resemblance to a trend following system, albeit on a shorter time period, but there is room there to move stops and stay with the trend, as illustrated on their forex vidoes.
LevII said:
If you go through the fine print you will find that you are GUARANTEED never to get your money back
)))) Think these guys have done their consultation with their lawyers to get around the laws in the U.S.Tell your pal to focus on the 15/5 strategy which has some resemblance to a trend following system, albeit on a shorter time period, but there is room there to move stops and stay with the trend, as illustrated on their forex vidoes.
My pal intends to take legal action against them. If anyone wants to join in & share the cost PM me (and post here if you wish) & I will pass the info on.Joey said:If you go through the fine print you will find that you are GUARANTEED never to get your money back
Tell your pal to focus on the 15/5 strategy which has some resemblance to a trend following system, albeit on a shorter time period, but there is room there to move stops and stay with the trend, as illustrated on their forex vidoes.
He intends also to consider action against the sales agents involved. He initially received the sales blurb (and a later 'reminder') from Henry at Trading simulation. French law may assist?
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LevII said:
If I remember correctly, the guarantee was all about recovering the cost of the system within 45days and proving otherwise with actual records of trades. The Netpick guys have covered their backsides by providing a number of strategies with the rest of nuances like 1win or 2win and power of quitting etc. All the best to your Pal.
stevespray
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If you paid for it on a Credit Card then ask them to do the hard work; they have to by law.
The whole money back g/tee thing is a pure marketing percentage game like all this sales related stuff. They know that in offering a money back g/tee they will convert more views into sales than sales into refunds.
When ever I'm tempted by something like this, and there are some more interesting offers about, then I pay via my credit card and note in my diary the day that I need to request my refund if the information is not up to standard.
Hope this helps,
Steve.
PS The fact that they are quibbling over a refund is not indicative of someone has sold 500 copies. Good companies with successful products dont quibble on such issues.
The whole money back g/tee thing is a pure marketing percentage game like all this sales related stuff. They know that in offering a money back g/tee they will convert more views into sales than sales into refunds.
When ever I'm tempted by something like this, and there are some more interesting offers about, then I pay via my credit card and note in my diary the day that I need to request my refund if the information is not up to standard.
Hope this helps,
Steve.
PS The fact that they are quibbling over a refund is not indicative of someone has sold 500 copies. Good companies with successful products dont quibble on such issues.
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OK, at the risk of being shot down in flames here, I have to say that I have the UTM strategy, trade it on forex events and it works very well for me. I trade both the 15/5 and 10/3 setups depending on which qualifies at the time and have fixed targets for profit.
In the last 2 months I have an 80% success rate with this approach.
This method also inspired the development of my own method that I also trade and is logged in my Journal on this very board.
Just my tuppence worth...
Dave
In the last 2 months I have an 80% success rate with this approach.
This method also inspired the development of my own method that I also trade and is logged in my Journal on this very board.
Just my tuppence worth...
Dave
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