Jack Crooks

This is a discussion on Jack Crooks within the General Trading Chat forums, part of the Reception category; Originally Posted by Depth Trade ? $2,500 I don't get it, is the joke on me? Go to 'classic fx' ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Mar 2, 2009, 4:54pm   #25
Joined Feb 2009
jack crooks is a crook heres the proof

Quote:
Originally Posted by Depth Trade View Post
? $2,500
I don't get it, is the joke on me?
Go to 'classic fx' in 'forex recommendations'.
check this out http://www.sec.gov/litigation/admin/...525.pdf:frown:
chrisbow is offline   Reply With Quote
Old Mar 2, 2009, 5:32pm   #26
JTM
 
9 Posts
Joined Oct 2008
Quote:
Originally Posted by anley View Post
One thing that always amuses me about many of the first time posters who come out of nowhere (Google Alerts perhaps) to support these high priced vendors is that their comments read like perfect marketing material............
Thank you for your praise of my writing ability. Too bad I don't get paid for it.
JTM is offline   Reply With Quote
Old Mar 2, 2009, 5:47pm   #27
JTM
 
9 Posts
Joined Oct 2008
Quote:
Originally Posted by chrisbow View Post
Its rubbish log on to this web page it will blow your mind and answer ALL your questions
REMEMBER jack crooks is part of Weiss group i have lost $200,000 in less than 6 months o Weiss option alerts and Jack Crooks world currency option alerts .
Read the court case.
It is unfortunate that you lost so much. What portion of your account did this represent? Would you share your risk management plan with the forum?
JTM is offline   Reply With Quote
Old Mar 2, 2009, 5:52pm   #28
Joined Feb 2009
Quote:
Originally Posted by JTM View Post
It is unfortunate that you lost so much. What portion of your account did this represent? Would you share your risk management plan with the forum?
I WILL WHEN MY LEGALS LET ME
DID YOU LOOK AT THE WEB PAGE?
chrisbow is offline   Reply With Quote
Old Mar 2, 2009, 6:09pm   #29
JTM
 
9 Posts
Joined Oct 2008
Quote:
Originally Posted by chrisbow View Post
There is no reference to Jack Crooks in this litigation. On what basis do you say Crooks is "part of Weiss Group"? Weiss may be marketing the service but that doesn't mean the service is dishonest. Virtually all investment advisory services are over hyped by the marketers, to be sure. Any new service should be paper traded only until you are satisfied that it gives you an edge on the market. There is no "Holy Grail" in trading - any service or system will have losing trades and drawdowns, which is why risk management is vital to your financial health. A good trader takes responsibility for his trades, a poor trader blames his tools.
JTM is offline   Reply With Quote
Old Mar 2, 2009, 6:35pm   #30
 
9 Posts
Joined Apr 2008
Yeap.. There is no holy grail... You lose what you lose, and if you lose too much then tough, you probably took on too much risk. And lets face it Chrisbow, risking such large amounts based on a newsletters advise, wasn't perhaps the cleverest thing to do.
Supermu is offline   Reply With Quote
Old Mar 2, 2009, 6:58pm   #31
Joined Feb 2009
Quote:
Originally Posted by JTM View Post
There is no reference to Jack Crooks in this litigation. On what basis do you say Crooks is "part of Weiss Group"? Weiss may be marketing the service but that doesn't mean the service is dishonest. Virtually all investment advisory services are over hyped by the marketers, to be sure. Any new service should be paper traded only until you are satisfied that it gives you an edge on the market. There is no "Holy Grail" in trading - any service or system will have losing trades and drawdowns, which is why risk management is vital to your financial health. A good trader takes responsibility for his trades, a poor trader blames his tools.
The account is $750,000 i have all the trades logged on all the weiss subscriptions and they are at 87.5% failure.
All the trades were supposed to be hedged with inverse etfs but these failed plus i traded option on banks, companies etc but wih a fixation on puts,they never saw the rallies. As for blaming my tools whats the point of subscribing and not taking their advice.if you look at their adverts they are still misleading on their claims so as to suck in novice traders especially in a crisis .
jack Crooks is the chief option stategist for weiss their advertising IS dishonest, take a look i have been at the sharp end of it subscibing to 5 different alerts so as to cover my risk, they have lost me money quicker than any bank failure or stock crash.
Iam sorry you think iam whinging over my losses but the advice as been shockingly bad
tossing a coin would have been better.
If i had have gone the exact opposite on ALL the trades i would be in profit by $150,000 on the amounts that I yes me decided to trade.
Its obvious from your response that you are a seasoned trader but what about the novice who cant take the hits trade after trade, please look at the slick advertising its doom and gloom then we can save you just subscibe NOW at $1500.000 and $2500.000work this out last week yet another subscription 50,000 joined the tele cast to be saved, lets say only 5,000 joined at $1500 yes $7,500,000 thats just the last one they have at least 6.
when an alert arrives all that is changed in the different subscriptions is the name of the company they want you to trade, are you telling me the EXACT same fundementals are the same for a timber company and a rail company and a bank?
As it states in the securities case all suscibers back to 006 would have lost money.
Obviously you have not traded with Jack Crooks lately through Weiss.

ALL losing!
chrisbow is offline   Reply With Quote
Old Mar 2, 2009, 7:08pm   #32
Joined Feb 2009
Quote:
Originally Posted by Supermu View Post
Yeap.. There is no holy grail... You lose what you lose, and if you lose too much then tough, you probably took on too much risk. And lets face it Chrisbow, risking such large amounts based on a newsletters advise, wasn't perhaps the cleverest thing to do.
Its just a shame you cant read the the alert put your back teeth your granny your wife kids an all on the euro puts i will garantee this trade will be a winner.
The amount is irelevant as it is money that i could afford to loose and the loses were spread acrosws about 55 trades, but the imformation was garbage.
chrisbow is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
jack schwager video toxictrading General Trading Chat 10 May 3, 2008 7:17pm
Jack Hershey ravenglass Educational Resources 33 Jul 24, 2007 12:52pm
Article: Our Jack T2W Bot Educational Resources 10 Jun 24, 2007 11:23am
Jack Bros Metatron Educational Resources 0 Nov 29, 2005 3:47am
Reported US GDP- Worth Jack. TWI The Foyer 0 Oct 8, 2004 9:33am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)