Microcap Millionaires. Matt Morris

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Old Jan 21, 2018, 8:23am   #1
 
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Microcap Millionaires. Matt Morris

Hi there everyone, I'm new to stock trading and do not wish to get scammed like I did when I was spreadbetting. Seen microcap millionaires site and I just wondered if anyone else had any experience with this guy and his stock picks. Cheers...
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Old Jan 21, 2018, 3:43pm   #2
 
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Hi there everyone, I'm new to stock trading and do not wish to get scammed like I did when I was spreadbetting. Seen microcap millionaires site and I just wondered if anyone else had any experience with this guy and his stock picks. Cheers...
Looking into the website, 99% you'll be scammed... No verified track record says it all... I bet his guy cannot trade and is selling the dream to gullible newbies...
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jan 21, 2018, 5:29pm   #3
 
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Looking into the website, 99% you'll be scammed... No verified track record says it all... I bet his guy cannot trade and is selling the dream to gullible newbies...
Thank you . I have been everywhere and I cannot find anything on YouTube or any other sites that has anything negative to say about him ?
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Old Jan 21, 2018, 7:33pm   #4
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Hi there everyone, I'm new to stock trading and do not wish to get scammed like I did when I was spreadbetting. Seen microcap millionaires site and I just wondered if anyone else had any experience with this guy and his stock picks. Cheers...
in what way did you get scammed while spreadbetting?


I know as much about penny stock picking as this gal:

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Old Jan 22, 2018, 6:30am   #5
 
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in what way did you get scammed while spreadbetting?


I know as much about penny stock picking as this gal:

I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !
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Old Jan 22, 2018, 6:49am   #6
 
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I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !
Followed him on Twitter for laughs for a while, he never posted losing trades, and trading part-time from his bedroom doesn't inspire confidence.

And his fawning interview with Vince Stanzione (on YouTube somewhere) ...made me want to hurl.

Avoid any/all "educators".

Just remember "Those who can't do, teach!"

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Old Jan 22, 2018, 4:08pm   #7
 
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Avoid any/all "educators".

Just remember "Those who can't do, teach!"
This pretty much sums it up!
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jan 26, 2018, 9:14am   #8
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I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !
Mr Chillingworth seems ok, I had not heard of him before, i see he gives some good free information and insight on you tube and I'm sure his course gives some ideas and methods of trading. However I think you were looking for the holy grail system that you could basically copy, without much prior knowledge, skill and experience which doesn't come so easy i'm afraid. To call him a bs scam is inaccurate because i don't think he claims everyone is guaranteed to make money from his system.
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Old Jan 26, 2018, 10:15am   #9
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Microcap trading is going to involve colossal spreads, unpredictable price swings, difficulty getting in due to illiquidity, difficulty getting out (even more serious) due to illiquidity, blocking of online orders of any significant volume forcing you into phone trading with higher costs and possibilities of being trapped in a position, massive slippage on order execution prices, susceptibility to ramping or deliberate pump-and-dump, wild price moves on forum gossip (or lies), inadequate information on company fundamentals, restricted leverage on trades, etc. etc. etc.

Yet its an easy sell because all the promoter needs is to select the one lucky subscriber out of the 5000 losers and have this winner say, quite truthfully, "I subscribed to the XYZ newsletter and I made 589% in one morning on one of their tips".

The difficulties and risks are colossal, the probability of success is tiny.
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Old Jan 26, 2018, 4:47pm   #10
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Chris Chillingworth is a system hopper.

He contradicts himself. He keeps talking about following system rules and not changing from one system to another.

The guy is currently trialling a third system because the previous systems he sold to his clients did not work for him.

He keeps creating and marketting new systems.

STAY AWAY from this guy.
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Old Jan 27, 2018, 8:37am   #11
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Chris Chillingworth is a system hopper.

He contradicts himself. He keeps talking about following system rules and not changing from one system to another.

The guy is currently trialling a third system because the previous systems he sold to his clients did not work for him.

He keeps creating and marketting new systems.
do you have any evidence/proof of this?

Last edited by Kaeso; Jan 27, 2018 at 7:36pm.
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