WizeTrade comments

Discussion in 'Trading Software' started by traderich, Jan 15, 2005.

  1. here ya go

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    #11     Jan 15, 2005
  2. I had to pay to get the software. I have until the 23rd to review it. If after the 23rd, I want to keep it, I have to pay the money. If I say I do not like it, I return it and supposedly get the money refunded to my credit card.

    I meant that its non refundable after the trial period. It's not like I could try it for longer, say 1 month and return it. I think its very difficult to evaluate this kind of software in one week. I can clearly see that it shows great results for PAST stock performance, but is that a scam>? I could sound like a genious if I told you what you should have done this past year! get my drift?
     
    #12     Jan 15, 2005
  3. I tried the software a few years ago, knew a guy who bought it and he brought his laptop over. I knew it was based on something simple and I was able to change some settings on a few indicators to match their red/green lines and when they crossed over. The one that was closest to theirs was a linear regression like moving average crossover. Anyway in less than 15 minutes I was able to pretty much duplicate and somewhat improve their signals so he returned it. I find it hilarious that they charge so much for such a simple product. And even more amazing that people think that trading can be as simple as watching red and green lights rather than learning how the market works, monitoring market internals, tape reading, and even technical analysis and volume tools. I suspect even the basic <a href="http://www.topgunsoftware.com/3pointbreakchart.html">3 line break trading system</a> below will beat unWIZEtrade software.

    <a href="http://www.topgunsoftware.com/3pointbreakchart.html">
    <img src="http://www.topgunsoftware.com/elitetrader/3linebreak011205.gif" border=0></a>
     
    #13     Jan 15, 2005
  4. yenzen

    yenzen

    lol, u buy every system ever made?

    Mr. Zen
     
    #14     Jan 15, 2005
  5. nkhoi

    nkhoi


    in 1 day training you will find out that you need wize finder $99/m to pick the stocks then you can further narrow down your choices using F.A.S.T. criteria. What I did was returning the software, speaker sign off the return form required, it take 1 week to process the refund. Then I can think about if I want to go for another round, they should be at NY Expo.

    ps. out of 15-20 people I was only one returning the software so I guess they will be around for awhile.
     
    #15     Jan 15, 2005
  6. fan27

    fan27

    Someone who is making this kind of money WOULD NOT be on a message board asking if WizeTrade is a good investment. I find it hard to believe that a profitable trader could not tell in an instant that this product is a scam.
     
    #16     Jan 16, 2005
  7. traderob

    traderob

    Vantage point is just as crap , in fact probably more so.
    Dilbert sums up both of them.
     
    #17     Jan 16, 2005
  8. HI YOU GUYS SAID THAT I SHOULD NOT GO TO THE SEMINARS AS IT IS A WAST OF TIME. I SHOULD NOT BUY THE SOFT WARE AS IT IS A WAST OF MONEY. GREAT. YOU ALSO SAID I SHOULD USE A MOVING AVERAGE SOFT WARE THAT I CAN GET FOR FREE THAT IS BETTER THAN WIZETRADE. THEN TAKE THE MONEY I SAVED FROM NOT BUYING WIZETRADE AND USE I\T TO TRADE. OK THAT SOUND GOOD. THE ONE QUESTION I HAVE IS THOUGH. HOW DO YOU GET THE MOVING AVERAGE SOFTWARE FOR FREE AND WHERE DO YOU GET IT?
     
    #18     Jan 16, 2005
  9. My comments posted to another thread:

    http://www.elitetrader.com/vb/showthread.php?s=&postid=625241&highlight=wizetrade#post625241

    Additional information:

    http://www.sfbg.com/38/16/cover_poor.html

    Lawsuits:

    http://www.puddletown.com/forex/4xme/

    4x made easy promoted by the same company as wizetrade.

    As I said, if you make money with it, great for you. You are one of the lucky ones. My job as a trader is to correctly evaluate risk before placing a trade. Trading hard earned dollars for Wizetrade contains risk parameters well in excess of my standard limits. YMMV.

    I hope you find the above information useful.

    - Spydertrader
     
    #19     Jan 16, 2005
  10. HI OK I UNDERSTAND. [THAT WAS NOT THE QUESTION. AND I UNDERSTAND WIZETRADE IS BAD. ]THE QUESTION ON MY LAST POST WAS WHERE DO YOU GET THE MOVING AVERAGE SOFT WARE FOR FREE.
     
    #20     Jan 16, 2005