incometrader.com info?

Discussion in 'Educational Resources' started by LoneTrader19, Jan 16, 2020 at 12:27 PM.

  1. Has anyone heard or attended their seminar (incometrader.com by Mike Coval)? My buddy bought their Elite package (with coaching) for $30,000, with a guarantee to make the money back. Does anyone know anything more about this?
     
    Last edited: Jan 16, 2020 at 12:51 PM
  2. fan27

    fan27

    Your "buddy" got ripped off big time.
     
    ZTrader888, jys78, drm7 and 4 others like this.
  3. gkishot

    gkishot

    You friend should know better.
     
    jys78 likes this.
  4. Daal

    Daal

    There is a 99% chance this 'package' is not worth more than $50 (ie you could just bought an options book and learned the same thing). Talk to a trusted lawyer to see if you can sue to get the money back
     
    LoneTrader19, jys78 and nooby_mcnoob like this.
  5. gaussian

    gaussian

    Does your friend also buy bridges? I have a few I'd be willing to part with for the right price.
     
  6. ph1l

    ph1l

    https://incometrader.com/mutual-funds.php
    Maybe they never heard of bid-ask spreads or expense ratios?:rolleyes:
     
  7. Sounds like a potential scam to me. Do your due diligence.
     
    nooby_mcnoob likes this.
  8. IAlwaysWin

    IAlwaysWin

    People actually fall for that scam?
     
    jys78 and nooby_mcnoob like this.
  9. faet

    faet

    Ask your buddy to show you the guarantee to make 30,000 USD back. If you can share it here it would be of interest, even if only for curiosity's sake.

    If he does not have it, or it can't be shared, draw your own conclusions.
     
    nooby_mcnoob likes this.
  10. dealmaker

    dealmaker

    Michael Coval lives in Vietnam, good-luck with that!