Vince Stanzione Financial Spread Betting System

This is a discussion on Vince Stanzione Financial Spread Betting System within the Spread Betting & CFDs forums, part of the Commercial category; ...to spwh88 and others. If the £300-odd quid that VS charges for his course is "a great deal of money" ...

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Old Apr 15, 2007, 3:37pm   #46
Joined Jun 2003
Oh, and by the way...

...to spwh88 and others.

If the £300-odd quid that VS charges for his course is "a great deal of money" to you, you really have no business even considering trading.

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Old Apr 15, 2007, 6:19pm   #47
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Pazuzu

My few pence worth - I first bought Vince's "making money from financial spread trading in 2003 - can't remember how much I paid - not a lot - that actually introduced me to fixed odds trading, specifically Betonmarkets.

The manual itself was not without value but in truth contained nothing more than can be gleaned here nowadays. Subsequently I found that simple systems like his MA crossover sytem are rubbish - they will lose you money.

Not long after Vince offered a service on Betonmarkets at £117 per month which I subscribed to for a period - as I lost money on it even though I followed the recommendations religiously I stopped subscribing,after a year.

What became clear later was that Vince had both a financial interest in Betonmarkets and was receiving affliliate commission from them aswell for introducing new accounts - not sure of the ethics of that!?

I have received many subsequent offerings from Vince the most recent of which was a course offered at a most reasonable £4997! if I remember rightly;which I declined.

So my view in conclusion - is save your money - see what you can learn here. The truth about any system for sale was summed up on the Motley Fool the other day - along the lines that if anyone had a system that was that good then they would take it to Goldman Sachs and sell it for millions of dollars - wise words in my view.
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Old Apr 15, 2007, 8:06pm   #48
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Quote:
Originally Posted by pazuzu
...to spwh88 and others.

If the £300-odd quid that VS charges for his course is "a great deal of money" to you, you really have no business even considering trading.

why is there always someone ready to make this statement? trading isnt just for the rich anymore. id be happier to see someone start trading with a small amount over a big amount since come the end of the year both accounts are likely to be empty.
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Old Apr 15, 2007, 9:59pm   #49
 
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this signor stanzione really gives italians a bad name unlike the superb joe di napoli, larry pesavento, michael (oscar) carbone etc.

edit: one line only!
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Old Apr 22, 2007, 6:07pm   #50
 
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I had a glance at the VS Financial Spread trading Folder.....I would have felt thoroughly ripped off if I had bought that for £360 or some of the crazy prices floating around on here. To be honest I found most of the pages contained in the folder you could have picked up from "the dummies guide to trading"

In terms of winning in this or any business I really don't believe there is a short cut for good solid hard work and study. Part of the success element for me is that fact that I am creating my own systems and developing my own ideas and making money from them.

It took me all of 30 minutes to go through the "Spread trading bible" and I do remember reading about his Moving Average crossovers. If it really was as easy as buying on crossovers everyone would be doing it.

I read a comment above about how £360 isn't a lot of money to part with. Trust me if you were Bill Gates and you paid £360 for that thing you would probably still be a bit miffed.

In my opinion I WOULD NOT part with any money to a so called trading guru. There seem to be so many scammers and charlatans in this business, I don't trust anyone.
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Old Apr 22, 2007, 9:06pm   #51
Joined Oct 2004
Can anybody try this on demo, well...I have

Trust all your instincts and the SMAs and everything like that

And go against everything your conscience tells you. e.g if everything tells you to buy, then sell and vice versa

Do that and come up with your results

Even VS might be shamed !!

VS screams at you that his methods will be wrong 4/10 but he will teach you how to make money by eventually....well by my methods you will be right 6/10 and you will make a lot more anyway.

Open a demo account and try this ....free advice here...what have you got to lose ??!!

Last edited by R Gupta; Apr 22, 2007 at 9:11pm.
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Old Mar 23, 2008, 2:48pm   #52
 
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Always do your research

follow this link:
Rip-off ruling rocks Sky TV firm | This is Money
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Old Mar 25, 2008, 4:39pm   #53
 
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Hi
Good afternoon evryone.
Vince recently sent me some info through, not sure how he got my address???
Interesting reading through the posts over the past couple of years.
Does anybody here have a system that people could subscribe to and follow?
danny
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Old Mar 25, 2008, 4:42pm   #54
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Danny

There are 1001 systems that you can subscribe to but chances are that 1000 of them will result in losses.

Be careful out there because the marketers LOVE to tell you what people want to hear, ie how to get rich quick without doing a lot of work.

"10% a month for 20 mins a day work"!
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Old Mar 25, 2008, 4:51pm   #55
 
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Moving Averages

Quote:
Originally Posted by ceydababy View Post
I had a glance at the VS Financial Spread trading Folder.....I would have felt thoroughly ripped off if I had bought that for £360 or some of the crazy prices floating around on here. To be honest I found most of the pages contained in the folder you could have picked up from "the dummies guide to trading"

In terms of winning in this or any business I really don't believe there is a short cut for good solid hard work and study. Part of the success element for me is that fact that I am creating my own systems and developing my own ideas and making money from them.

It took me all of 30 minutes to go through the "Spread trading bible" and I do remember reading about his Moving Average crossovers. If it really was as easy as buying on crossovers everyone would be doing it.

I read a comment above about how £360 isn't a lot of money to part with. Trust me if you were Bill Gates and you paid £360 for that thing you would probably still be a bit miffed.

In my opinion I WOULD NOT part with any money to a so called trading guru. There seem to be so many scammers and charlatans in this business, I don't trust anyone.


" I do remember reading about his Moving Average crossovers. If it really was as easy as buying on crossovers everyone would be doing it " ....... !!

What makes you think the traders out there making money ARENT using them..??
Sometimes - just sometimes, the " SIMPLEST " ways of trading produce the BEST results !!

Richard Donchian - the pioneer of the modern MA system managed to rake off MORE THAN $600 M I L L I O N from the markets using those " easy crossovers "... !!

take another look - what do you " REALLY " see ...??
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Old Mar 27, 2008, 6:19pm   #56
 
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Quote:
Originally Posted by Trevor2522 View Post
Vinz Scamzione is just a psychopath who believes he is actually helping people. In reality, most lose, and lose more than they spend with him!

Bet on Markets is the easiest way to make money -- simply by going long or short over various time frames. But you'll have to develop your own system through hard work and perseverance.
I disagree about BetOnMarkets - personally I think they are a ripoff. If you want to go long/short then you'll get a far better reward trading the indices. Get a quote either way long/short on an index using BOM - there's a 25% spread on the payout!
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Old Mar 28, 2008, 12:45pm   #57
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Originally Posted by Hoggums View Post
I disagree about BetOnMarkets - personally I think they are a ripoff. If you want to go long/short then you'll get a far better reward trading the indices. Get a quote either way long/short on an index using BOM - there's a 25% spread on the payout!
Forget indices -- far too much noise -- take your pick of 14 good forex crosses to trade up or down with BoM. Intraday up/down bets also do well in consolidating markets, with the right time frame (30'), whereas spread-betting makes nothing or gets stopped-out. Just open a virtual account with BoM and try it.
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Old Apr 11, 2008, 5:10pm   #58
 
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I've spent quite some time today reading these posts, and boy have I learned a lot! Your offerings have now convinced me that it pays to be far more cautious about buying the marketed info' packs out there. True, I've been caught out a couple of times already - but never again. Thank you all for sharing your experiences so frankly. I'm throwing the latest pile of mail-shots straight in the bin where they belong!
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Old May 27, 2008, 9:14pm   #59
 
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I bought it and I found it very good and made good profit with it.
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Old May 27, 2008, 10:49pm   #60
 
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Quote:
Originally Posted by maff260280 View Post
I bought it and I found it very good and made good profit with it.
Your statement is in the past tense. What happened?

It's amazing the number of first time posters come along here and start reccommending trading systems. t.
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Last edited by barjon; Jun 21, 2011 at 10:40am. Reason: legal
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