4x Made Easy© ?

Discussion in 'Forex' started by uninvited_guest, Oct 24, 2005.

  1. snow

    snow

    Folks , their business is not trading , its selling trading softwear . :)
     
    #21     Nov 29, 2005
  2. which makes me wonder ... how come "WAXIE"

    is not peddling fx trading ? he sure still "pops"
    up alot when I go to Yahoo finance !

    :p
     
    #22     Nov 29, 2005
  3. TWMPMM

    TWMPMM

    Pollyester, dakron, cottin, etc.
     
    #23     Nov 29, 2005
  4. nkhoi

    nkhoi Moderator

    I heard it is 9/18 cross MA system, so it is 9m, 9 days, 9 weeks depending on your time frame, something like this, scroll down to bottom http://trmep.tamu.edu/cg/overheads/oh2-25.html
     
    #24     Nov 29, 2005
  5. Chood

    Chood

    I'm probably missing the upshot of these recent posts, but a neophyte might mistake them as taking these scamsters as serious traders, even if bad at it, or even as serious software sellers, even if their software is not so good. In fact, as SethArb pointed to, they are run-of-the-mill fraud artists. Excerpt of article SethArb pointed to:
    __________________________________________________

    The company claims its software can turn anybody into a wealthy financial wiz practically overnight by trading foreign currency.

    But what they don't want you to know is the makers of the software have a troubling history of fraud, lawsuits and customers who went broke.

    WAVY News 10 attended a recent seminar for '4x Made Easy.' 10 On Your Side's hidden cameras saw a crowd of attendees being told all they had to do was buy the '4x Made Easy' software for $3000.

    "Does that sound good to everybody?," screamed the seminar pitchman. "Good, all right!"

    During the seminary, the company salesman lured the audience in with lavish stories.

    "You know George Soros made over one billion dollars on the British pound in one day."

    The pitchman for the '4x Made Easy' software made the road to riches seem as simple as a child's video game - complete with red and green arrows.

    "And I guarantee you, you can take a couple hundred dollars into a couple thousand here in the FOREX a whole lot faster than you ever can in the stock market."

    "You get horrified thinking those are people's mothers and fathers," says Investment Advisor Gordon D'Angelo with the Next Financial Group in Virginia Beach.

    "It's a very dangerous thing, and people fall in love with the belief and the confidence that it's guaranteed, this is easy, I can it do it from my home, I can do when I want to - all false."

    The federal government also says the claims are false.

    __________________________________

    p.s. The article when on to note that most of the seminar attendees were elderly and/or handicapped. Just dishing out more of the love in the wonderful world of retail fx.
     
    #25     Nov 29, 2005
  6. IMAGINE THAT YOU CAN SEE A CHART WITH LINES THAT SAY WHERE THE MARKET WILL GO IN THE NEXT 30 MINUTES OR 1 HOUR OR 4 OR 1 DAY? THIS IS WHAT THIS SOFTWARE DOES...

    I WOULD NEVER USE IT SINCE IM A SENIOR FX TRADER AND I HAVE 10 YEARS OF EXPERIENCE BUT I DECIDE TO CHECK THE PRESENTATION BECAUSE YOU HAVE TO BE ALWAYS FRESH IN NEW IDEAS... AND WENT TO PRESENTATION.

    I NOTICED A FEW THINGS....THE COMENT YOU CAN TRADE PLACING HEDGES THI IS BUY AND SELL AT SAME TIME IN SAME CURRENCY SO THIS WAY IT DOENST MATTER WHERE THE MARKET GOES U MAKE A PROFIT.

    WRONG! THEY DONT TELL U THAT MOST OF THE COMPANIES DONT ALLOW HEDGE SINCE IS A RISKY TOOL BUT VERY IMPORTANT IN FOREX TRADING... HEDGE IS ONLY FOR PEOPLE WHO REALLY UNDERSTAND FOREX.SO THIS WAY YOU DONT LOOSE SMALL IN ONE AND MAKE PROFIT IN THE OTHER BUT YOU MAKE PROFIT IN BOTH SIDES.

    2 THEY SAY THEY MONITOR THE MARKET SO THE LINES ARE THE RESULT OF FUNDAMENTAL AND TECHNICAL ANALISIS AGAIN WRONG.... AFTER I WENT TO THE SESSION I RECEIVE SEVERAL CALLS ASKING ME TO BUY THE EXPENSIVE SOFTWARE.... SO I DECIDE TO BE HONEST AND SAY I DONT NEED IT.

    THEY REPLAY AND TRY TO ARGUE WITH ME! LIKE IF I WERE A CHILD SO WITHOUT BEEN RUDE I PROVE THIS PEOPLE....
    I SK THJEM WHAT WA STHE RATE IN THAT EXACTLY MOMENT IN EURO AND JPY...THEY HAVE TO TAKE LIKE 1 MINUTE TO ANSWER.... AND I ASKED AGAIN...DO YOU KNOW WHY THE SPIKE OF THE EURO YESTERDAY...?

    HE DARE TO SAY....NO I DONT KNOW AND IT DOESNT MATTER BECAUSE THE SOFTWARE TELLS YOU WHEN TO BUY AND SELL.......

    I PROVE HIM WRONG BECAUSE THE SPIKE WAS IN 1.1900 DUE THE POOR HOME SALES DATA... WICH HE DIDNT KNOW... AND BY THAT THE GREEN ARROWS POINTED UP IN ALL THE TIME FRAMES...BUT UNEXPECTEDLY EURO DROPED 10 MINUTES LATER TO 1.1860 AND FROM THERE TO 1.1790 NEXT DAY...

    I WONDER WHAT HAPPEND TO ALL THOSE WHO BOUGH EURO FOLLOWING THIS SIGNALS?

    I DONT WANT TO SOUND MEAN OR AGAINST THIS SYSTEM....BUT I BELIVE THEY NEED MORE PREFECTION ON IT...

    LEARNING HOW TO TRADE FOREX TAKES YEARS.... AND YOU GUYS CAN DEVELOPE YOUR OWN SYSTEM!!! AND FOR FREE....IF YOU HAVE AN ACCOUNT ASK YOUR BROKERAGE COMPANY OF THE OPTION OF BUILDING YOUR OWN TECHNIQUES AND SIGNALS

    SO YOU CAN HAVE NOT ONLY RED AND GREEN ARROWS BUT YELLOW BLUE OR PINK FOR SHORT LONG AND MEDIUM TERM POSITIONS.....

    HOESTLY I THINK ALSO IS VERY EXPENSIVE.... IF U NEED TO KNOW WHEN TO BUY AND SELL WHY NOT GET A SERVICE THAT TELLS YOU TROUGH EMAIL, CELLPHONE AND MESSENGER? THIS WAY YOU DONT HAVE TO BE NEXT TO THE COMPUTER....

    HAVE A GREAT TRADE!
     
    #26     Nov 30, 2005
  7. .
     
    #27     Nov 30, 2005
  8. nlslax

    nlslax

    IVAN -
    LOL!!!!!
    Thanks
    :D
     
    #28     Nov 30, 2005
  9. Chood

    Chood

    droll
     
    #29     Nov 30, 2005
  10. BY POSTING IN ALL CAPS IT GIVES YOUR POST MORE CREDIBILITY AND MEANING. IF YOU DON'T USE ALL CAPS IT MEANS YOU DON'T KNOW WHAT YOU ARE TALKING ABOUT.

    EVEN THOUGH ITS HARDER TO READ WHEN POSTING IN ALL CAPS OTHER FORUM MEMBERS WILL STRUGGLE TO READ YOUR POST BECAUSE IT'S ALL IN CAPS AND MUST BE TRUE.

    ALSO ALL CAPS IS CONSIDERED YELLING ON THE INTERNET AND BY YELLING YOU GET PEOPLES ATTENTION.
     
    #30     Nov 30, 2005