Trader's International Scam????

Discussion in 'Trading' started by shartwell, Feb 25, 2009.

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  1. shartwell

    shartwell

    I am considering joining up with the company. Does anyone know anything in regards of this company? I searched the internet and this forum and there is nothing concrete evidence on the very few claims that I have seen. Do they give you good results? I mean I am not stupid I am not expecting to jump in and make a million dollars over night I just want to make consistent profits, and have more winner's than loser's
     
  2. ITS A SCAM

    pm me if you want more details.
     
  3. Everyone is a scam, unless proven otherwise. These vendors use hype, testimonials and promises, but almost never a verifiable, independent track record.

    It is up to the vendor to prove he works. They buyer should doubt unless the vendor is proven
     
  4. Jeff909

    Jeff909

    Don't bother wasting your money on this system, they can't back up their results. I spent around 10k with these guys. I couldn't make money in paper trading mode following their rules. There are far less time consuming, less stressful and more meaningful ways earning money.

    They will try and convince you that trading is not gambling, but the truth is that you have a 50/50 chance. You may as well flip a coin. You have better odds card counting black jack at the casino - seriously. There's no fixed odds in the trading game. If you want to make money, become an educator.
     
  5. I never mind honest discourse with people speaking the truth and backing it up with facts.

    When a person fails to tell the truth and is unable to back up anything they have put forth, then it is time for the other side of the story - the truth backed up by facts.

    I have been a student/member with Traders International for over a year. Before I joined I spent months investigating every possible course out there and did not find one that came close to what Traders International offered.

    I am completely mystified by your statement that TI cannot back up their results. I would ask how you could have honestly been a member and not been aware that they post their month end results every month right on their web site.

    How do I know they are accurate? Because I, like so many, trade every day and keep journals of all results as we are taught and trained to do and my journal results match their month end results.

    In Sept. they ended the month with 53 pts. In Oct. they ended the month with 47.25 points.

    They did it live in front of huge numbers of members. They provided the entry and exit points for each trade in advance with 100% transparency before all the members’ eyes.

    Let’s cut the results/points in half to account for someone who did not trade everyday or traded part-time. Let’s say 25 points in Sept. Each point is $50 so that was $1250 per $1000 contract for the month. We trade in contracts - $1000 each. If you were trading 1 contract you made $1250. Again I have halved the real number of points In Sept. which were 53.

    Making 1 or 2 points a day IS realistic. There are many people who are making a good money trading the e-minis with TI including myself. That is why their trading room is the largest in the world. Here are some of the main reasons I decided on Traders International.

    1) They have been in business for 11 years. You can’t stay in business around the world in 14 countries for that long if thousands of people have not gotten successful with the Traders International program. Would be impossible.
    2) They have been written up and recognized by top business magazines and awarded various honors by stock publications which none of the other companies offering courses have behind them. Third party affirmation and verification. THIS IS VERY IMPORTANT.
    3) They do business in the United States, Canada, United Kingdom, Spain, Australia, Israel, Malaysia, Denmark, Iceland, Norway, Singapore, South Africa, Sweden and Switzerland.
    4) THEY POST THEIR MONTHS END RESULTS ON THEIR SITE WHICH NO OTHER COMPANY DOES. I trade every day for the whole trading session and keep a journal of all trades so I know the accuracy of the posted month end results.
    5) They have not had a losing month since I have been following them starting in 2007.
    6) The level of support Traders International offers and gives is unprecedented. No other company comes close. There is no limit to it. As much and as often and for as long as you want it. Email access to some of the best professional traders in the business for help. The ability to call the headquarters and get immediate support. The ability to set up one-on-one sessions with the professional traders for help. Whatever it takes for as long as it takes.
    7) The price you pay for the course is minimal when you understand you have one of the top if not the top company in the world behind you with a level of support and help that no other company offers and you have it for the rest of your trading life.
    8) This company does not have failing months. What kind of price can you put on this. What kind of price can you put on your own financial freedom for a handful of hours a day, leaving you time freedom which is priceless - to do anything and everything else you want to do.
     
  6. Pound sand.
     
  7. Pekelo

    Pekelo

    So how come that in 11 years it was mostly bad news we heard about them and no posters came here saying: Hey, I just had my X winning months with them and I made a shitload of money? After all as you said there are quite a lots of members watching and copying the trades, so there should be at least a handful very statisfied costumer who are happy to share their experiences...

    Assuming of course everything you said is true...
     
  8. the1

    the1

    Anyone who would go to this length to back a company either owns the company or works for them. TI offers nothing more than a divergence system. Play with the slow stochastics (you can probably google the settings) and look for divergences. I just taught you the TI system is under 10 seconds.

     
  9. the1

    the1

    Ummm....with brokerage statements, right?

     
    #10     Nov 12, 2009
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