Live trading rooms (PlanetWealth, 21st Century etc.)

[mazzatelli]

J. Baker wrote "Im sure you guys are smart enough to know big money is not maid right off the bat. But hey, lets pick on the new guy... Anyone else wanna line up?"

Another classic example of the "chip" and the "seagull" syndrome.

Aaaark , Aaaark, Squawk.

More like harpies than seagulls.
Ferocious lot

 

[nunthewiser]

I could not care less what you think of my post or your assumption as to where I'm at with my trading. And I do not think it is appropriate for you to post such a reply based on that. For my, or anyones post reguardless of who they are and what they think.. But your right, you are entilied to your opinion, but a certain level of respect should be included. You must not have any.

Ah...........

young master baKer

i do apologise for my tardy reply but ive been on a missionary position down in drizzly perth for a cupla days

ok where was i ? .... oh yeah ........ yes you are right , i am entitled to my opinion .......... BUT i would like to apologise if i came across as harsh , i can be a wan ker on occasion and have been known to jump on posters on occasion before actually taking into consideration that MAYBE they wasnt really full of crap after all ................ my bad ........... im a bad nun ...........

IF you are a sincere and genuine poster i sincerely apologise . if your not well read this how you wish

so masterbaKer you have a great day and hope you make a megazillion bucks on your magic sytem investment

your sincerely

a.nun

 

[moXJO]

Ok, NP... Just relating to a few of the above comments by one member... I don't agree that is crap at this point ( Ti ) but Yes, there is a chance it may be and thats the risk I took. Didnt feel confident in taking on trading on my own because I don't have the knowledge. Eventually I will find something that works for me, it may not be futures with Ti but at this point I am confident its going to be a good thing for me and if anyone else was to ask I would certainly recommend them.

Here is a thread that talks a bit about the system. I have heard a lot of bad stuff about TI system for the price you have to pay.


http://forum.incrediblecharts.com/messages/12/1098376.html

 

[cornnfedd]

Thought I would share my experiences with 21st Century, Jamie McIntire, Aussie Rob, the 'inner circle, playground contructions and all that JAZZ!!

1. The reason why you dont see more comments about these guys on the net (positive or negative) I believe is because by the time people are 'brain washed' into using their system they are also told that if it doesnt work its probably their own fault - "come on, we have 1000's of members making heaps of money, here is Jane, she made $250k in the last 12 months, she came to our conference in Fiji and just couldnt wait to tell us how successfull she has been, retirement by 35? its easy" , but the reality is that many people just hang on, hoping that the system will start making money, hoping that if they go to ONE MORE conference, and pay some MORE fees they will start to make the big $$. People do not post on here because they probably feel ashamed, the TIME they have wasted and the DOUGH they have wasted.

2. I have been to many a seminar with these guys, I have even paid and been to the 3 day property one, funnily enough if you remove all the 'Hard Selling' at the end of it, its almost worth the $3.5k or whatever it was (only just mind you), I was a total green investor in regards to realestate so it was quite usefull the stuff I did learn and it helped me get my mind around using realestate as an investment yadda yadda, would I do the course again looking back? Yes BUT would I ever invest my money with these guys, would I buy property of them? Hell NO!!

3. Trading systems like the one Aussie Rob pushes - your a director of a company, and albeit sound a successful one. The only thing I would say is you should never trust a 'black box' trading system like this, they dictate (with the information they provide) what and when you buy, this is dangerous in my mind. You have no idea where the data is coming from that gives you the indications to buy and sell. I prefer to be in more control of my investments and where I put my money. I know several people that have been using this system for longer then 12 months and they have still not made any money - they still have made enough money to pay for their 'education' ok ok SOME people make money, but the majority dont.

3. If you are wanting to throwing away $8k why dont you just get a commsec account and invest in blue chip shares? doesnt sound like you really want a high return, so why bother trying to make money using these schemes? yes they are schemes.

4. You say you are short on time - well these systems take time to learn, I would say that is time you dont have to waste, so again i would suggest managed funds or blue chip for you. If your not even going to spend the time to learn these trading scams then you might as well throw your money away.

5. Put it on RED - you have a 50/50 chance of winning.

6. If it sounds too good to be true it probably is.

7. If the system they are selling is really that successfull why would they sell to you? If I had a system that successful I would use it myself!

 

[kam75]

Thought I would share my experiences with 21st Century, Jamie McIntire, Aussie Rob, the 'inner circle, playground contructions and all that JAZZ!!!

A lot of the companies are scammers that work together and cross market their products to capture a larger sample of gullible dummies. They're everywhere and there's not a lot that can be done to stop them. They get the suckers with their articulate selling techniques. And they're very good at it.

 

[muzzamcc]

Hi forum members.

I'm seriously considering joining yourtradingroom.com. Just wondering if anyone has any experience with them. I've sat in on their live trading room for several weeks on end now (uni student) and to me it all seems legit and very promising. However I am very catious about signing up ($4900) and would like to hear how others have gone.

Regards, Murray.

 

[Ruby]

Hi forum members.

I'm seriously considering joining yourtradingroom.com. Just wondering if anyone has any experience with them. I've sat in on their live trading room for several weeks on end now (uni student) and to me it all seems legit and very promising. However I am very catious about signing up ($4900) and would like to hear how others have gone.

Regards, Murray.

Before signing up with them and parting with any money, ask them for 6 months worth of trading results. You will notice they don't publish them. They used to until about 6 months ago, but they had several months of losses in a row, so I guess that is why they pulled them off their website!! If they are doing well and are profitable they will be happy to provide them.

I have also had a couple of free trials and was very underimpressed both with their moderators and their strategies. They bombard me with emails a couple of times a week to attend webinars which "are so popular we may have to start charging for them".........yeah, right!

Oh yes......... and if their moderators tell you they are live trading while they are moderating the room........ don't believe it. They are sim trading. If they were making all the money they say they are the would not be moderating a trading room.

 

[CanOz]

Ruby, i like your style man!

CanOz

 

[muzzamcc]

Thanks Ruby.

Just read your post today as I forgot to check back for a reply. I did manage to get all the trade results I wanted from them and yes they did have a period of poor results for the trading room, however their swing trading strategy has gone well and the live room has now picked up again. It just took a bit of prodding to get the results. Which of the moderators did you find unimpressive? I found them all pretty good, just impatient sometimes with guests and their very basic questions.
I did take a few screenshots of one of the moderators trading account statements that he showed in the room which looked very genuine to me. Anyway I think I'll sign up this coming week. I'll post how I go with them if I do join up, just so people who try to research them a bit on the net have a bit more info to go on. I struggled to find much in my searches.

Murray

 

[Ruby]

Pleasure Muzzamcc.

If you have done the homework and you're happy, that is all that matters. It is quite a while since I had my trial and they have no doubt improved their strategies since then - which is all to their credit. I might have struck them on a couple of bad days.

Thanks for the feedback. It's helpful to everyone looking for this sort of info.

Best of luck.

Ruby

 

[muzzamcc]

Hi,

Just an update for those that are interested in your trading room or people who may be googling them looking for information on the group apart from the standard testimonials on their website. I became a member on the 5th May for the sum of $4990 including 12 months live rooms access and lifetime access to their indicators, education etc. After 12 months the rooms are $395/month. I have been taking all the moderators trade calls when I am in the forex room and from the 7th May to 14th May the result was $1300 gained from a base of $17,000. As you can imagine I was very happy with that! The last day and a half has seen it go down so I am now up $600 as i type, but today has been a pretty bad day for results, all losing trades today so far. I would have made another $200 last night but couldn't login to my broker on time, very angry with that at the time, and I am in the process of changing brokers.

Anyway I just wanted to get some more information on the net about these guys as I really struggled to find much in the way of information apart from their website when I was deciding whether to join up or not. I am glad I joined and if anyone wants to quiz me about these guys if you are interested in them I have set up my aussie stock forums account to monitor this thread. Hopefully it works.

Cheers Murray.

 

[waza1960]

Firstly I have never even visited a trading room however thought it might be beneficial if I shared a view from somebody who used to work for trading rooms as a signal /systems developer whom I respect as a trader.
His view is that Trading rooms are a good starting point to assist in your development as a trader if you are happy with the costs .
However the drawbacks are that systems that are designed for Trading rooms generally are not the best systems because they are designed to be trading with a high frequency to keep the punters interested.
Of course there are the other concerns such as promises of unrealistic returns
BS marketing and possible Simulation trading masked as live trading .
Personally I'm not interested in this approach because I can't stand BS and excess marketing tactics. I've already had enough of this in my trading journey to last a life time.

 

[Ruby]

Muzzamcc,

Thank you for sharing your early trading results with YTR. It would be good to hear from you again in about a month, to see how it is going then. My only experience of trading rooms has been free trials with a couple of them, so to get some "true" results will be very enlightening for people considering this avenue.

Regards,

Ruby

 

[aaron76]

Re: Eminis... which broker?

Hi all,

I hope this helps....

David Loughnan is one of Australia's top Eminis traders.

He has a live trading room where you simply follow his trades.

 

[professor_frink]

Re: Eminis... which broker?

Hi all,

I hope this helps....

David Loughnan is one of Australia's top Eminis traders.

He has a live trading room where you simply follow his trades.

hmmm....

http://www.ozripoff.com/report-view/1209-21st-century-eminis-scam

I start my live trades and soon after start to see that the moderator Mr David Loughnan wasn't a such successful trader as he claimed to be as he would make a loss trade after a loss trade..............

If your have had any bad experiences, please contact me as you would be helping me to build up a case to take them to court.

Thanks for the opportunity and a word of advice, KEEP YOURSELF AWAY FROM ANYTHING TO DO WITH THE NAME JAMIE McINTYRE AND 21ST CENTURY ACADEMY, EMINIS.

 

[FIGJAM]

Holy thread revival!!

Sorry but i just read this thread and have a couple things to say. Before we go on, no I am not apart of 21st Century, E-minis, yadda yadda, I am a shopfitter who works for my family and happened to spend my 5grand to learn to share rent with Share Lord who work with 21st.

Whilst I agree that I could have gone to the library, hired a couple of books, read them and begun trading for cheaper then $5000.00, I would not have the same level of confidence as I do with Sharelord. Ill be frank, I know sweet F all when it comes to investing. So I spent my money to learn and have the opportunity to ask questions.

Not once did i get the feel that this was a get rich quick scheme of any kind. Only that they teach a proven strategy that is easy and simple to follow and implement.

Some of you have said, if the strategies are so good blah blah then why do they teach them? why not keep them for themselves? Answer is simple, they are out to make money. Supply and demand, if you want to learn to play the guitar do you not go and get lessons? Why are the so called books that you read published? At the end of the day they all make money.

Saying that everyone you have ever met that paid the price with 21st have failed is a rather harsh generalisation, because I met some people last year who paid for the home study and swear by it. Again, not everyone will succeed no matter how much you hold there hand. I am sure we all know people who have tried to start there own business, invest in property, hell even learn the guitar who have failed.

All I am hoping to get from my 5grand, is 5 back, if i learn the strategy and can walk away after 12months 24months whatever and implement it on my own. Then that $5000.00 fee was a smart investment in my eyes.

That's my 2cents anyway.

Ps. I realise that this is my first post and that you probably think I am a troll and what not, goodo for you, you would be wrong. If you want to check that then a mod can feel free to contact me.

Cheers,

 

[Vicki]

Hello FIGJAM,
I remember a guy who had those plates FIGJAM lol.

Hey, please save your money, & have a read of an epic thread [Bill stacy?] on page 4 in this area.

An ex.PLANET WEALTH associate Bill Stacy, made the mistake of trying to argue with experienced forum members invane...he came off second best.
Let it serve as a prime example of why you should be cautious of these opperators.
Andrew Dimitri, Bill Stacy & Jamie Macintyre.

Planet wealth, is still charging big bucks for subscriptions, for info that is common knowledge on this great forum[ASF], with genuine people, with real experience, FREE!

How does Planet Wealth do this?
Simple....A continuous conveyor-belt of newbs, who pay-up...Then have no real objective say, or opinion that is allowed or isn't removed!

They [newbs] do the usual "Oh well, this was a mistake!" routine, and are never heard from again....Bet you none of their members have been there more than a couple of months!

In one of the above mentioned posts, was reference to Aaron76.

I wonder if this was the same Aaron who blew 80k in one month! using one of Andrew Dimitri's 'Volitilty advantage' Strategies.

Aaron was an example I tried in vane to pass on to new members, to be cautious, back in 07.
Before I was chastised & locked-out for doing so!

FIGJAM, and anybody else reading this, please be careful with these opperators!

They're the "SHAM-WOW" sales-men of the wealth education industry.
If you've made it to this forum...well breathe a sigh of relief, as you're amongst friends, most of which know a lot more than these scamsters, and will give them the red card, if they come on here, & try and mis-lead you.

All the best,
Vicki
p.s. to Andrew , Bill & Jamie.....Veritas Aequitas!

 

[sammy84]

Just listened to the free 21st Century E-minis dvd for a laugh. And it was. A great big laugh.

My favourite part was when David Loughnan said he was feeling down so he went out and bought a new $200k car. Also that he plans to turn a $50K account into $1mil by years end (he was very confident that he would achieve this).

What a scam. The whole session focuses on telling the audience on what people have made, what he has made etc. No mention of risk management, entry, market conditions etc.

I wish I had it in me to be a conman, such easy money.

 

[muzzamcc]

Hi,

Just an update for those that are interested in your trading room or people who may be googling them looking for information on the group apart from the standard testimonials on their website. I became a member on the 5th May for the sum of $4990 including 12 months live rooms access and lifetime access to their indicators, education etc. After 12 months the rooms are $395/month. I have been taking all the moderators trade calls when I am in the forex room and from the 7th May to 14th May the result was $1300 gained from a base of $17,000. As you can imagine I was very happy with that! The last day and a half has seen it go down so I am now up $600 as i type, but today has been a pretty bad day for results, all losing trades today so far. I would have made another $200 last night but couldn't login to my broker on time, very angry with that at the time, and I am in the process of changing brokers.

Anyway I just wanted to get some more information on the net about these guys as I really struggled to find much in the way of information apart from their website when I was deciding whether to join up or not. I am glad I joined and if anyone wants to quiz me about these guys if you are interested in them I have set up my aussie stock forums account to monitor this thread. Hopefully it works.

Cheers Murray.

Belated update on my experience with Yourtradingroom (not that it really matters now they are out of business). They did get me interested in trading forex and as I was able to ask alot of questions in the online forex room of their moderators and other members, I learnt alot in a short time. But did they make me trade profitably based on their own systems or trades, the answer is no. As I'm very much into forex a few years down the track i am reasonably profitable, but it is by no means easy and not due to YTR. So be very skeptical of any seminar spruikers or online trading rooms/financial courses and get as much proof of profitability as possible before giving any money over. The vast majority are just rubbish unfortunately. It's a long hard road to be a trader, and certainly not for everyone.

 

[CanOz]

I've got a free trial for Joel Parkers room soon. Looking forward to it actually as i've heard good things about it...

He's a volume guys so it should be worth my while.