Hi byrleybiz, i recommend that you dont waste you money or time with trading systems that you need to pay for. I am a firm beliver of that making a trading system is very very simple, the main problem is the trader itself. If you have disispline and follow whatever trade system that you make u will make money.
There is a reason why Trader1: dont make money with a system and Trader2: make lots of money with the same system. Its all about the trader and if he really belives in the system he is using.
I can give you the holy grail, but if a tell a new trader that trade it his way and u will make money, he will for sure loose money.I know it sounds weird, but thats how it is.
And another thing,people who write books and promise you riches are usualy failed traders who never got to be profitable, there is nothing wrong with their system but they themself dident belive in it and hence they fail. The human mind is a funny thing, even if u get served a good system it will take alot of time and work to make your mind believ that the system will actualy work.But if this trully is what is promises then hats of for him, but for each person that have something legitimit, there are 1million others that are out to grab your hard earn cash.
My suggestion for you is to spend alot of time on these forums and take your time to go true all the information that is available and learn from it and ask the members here that are making money and can point you in the right direction, there is no such thing as free money, everything have to be worked for. ANd that is also true for trading, i am trully now trying to be negative or break your spirit, i just want you to focus your time and money in the right direction and not into a holy grail system.Cause i have also been into that road and i dident really get anything out of it.¨
There are alot of free systems here on this forum that you can use and modify to you own preference and use it on a simulator account until you fell comfy wtih a system and then go for it. Just make sure to have a sound moneymanagment and plan, you can find alot of post about it in the forums.
I wish you the best wished m8, and nothing will make me more happy then seeing with great success in your new career.
Dont hasistate to to ask me anything you are wondering about, i will do my best to answer.
With kind regards
Bashir Naimy
I and together with the person who started this thread are very interested in whether G.Cohen's illuminati trading system works or not. Both of us are interested in objective comments or viewpoints of anyone who have used it.
Instead, what we mostly see in the feedbacks from you lot are about their own trading experience not related to illuminati system, Guy's Flag trader system, Guy's books "Option Made Easy", "V.M.Made Easy" which are totally irrelevant to what we want to know.
Could you stick to the point and comment on Guy's "Illuminati Trader" ONLY and not other non related comments.
Hi Bashir,
good..............Statistics show that only 10% of traders are profitable........That is no coincidence,,,,,,,,,,,The 10% winners are the hardest working ones............
Please forgive me for the long post!
If I recall, earlier in this thread, Guy indicated that since getting negative feedback about the style of marketing for his systems (having followed his publisher's/marketer's recommendations) he's thinking of changing it. It's quite possible that the ad copywriters took photos from an image site and stuck them alongside e-mail quotes from system users. That's not good but it doesn't directly reflect on whether or not Guy's system works (i.e. more profits than losses over time).
I'm probably as sceptical as most on here. My first response to anything that looks 'too good to be true' is to dismiss it outright and tell everyone else to avoid it. I don't believe in 'get rich quick' schemes. I have never knowingly fallen for a con in my entire life. Yet, having done literally days of research on GC's Flag Trader system, I can't find any negative feedback anywhere (from actual, paid-up users) which is quite astonishing.
Long story short, I've decided to give it a go. There's currently a 50% discount (this probably isn't a discount at all, but there's no way I would pay the supposed full price of a grand for this) and a 30 day free trial. Your direct debit for the purchase price isn't activated until the end of the 30 daytrial period, so you can cancel your DD (a couple of days before the trial is up, to be safe) and return the course material 'in any condition' and you've lost nothing. You've got your bank's Direct Debit guarantee if your money is taken improperly - if you've never used this guarantee before it's an almost immediate, automatic refund - so your money is completely safe. You can paper trade before chucking money at it, so I really can't see what I have to lose here.
I've got no connection at all with Guy Cohen or his publishers, etc. And I'm not expecting miracles. I just like the idea of a system which presents me with potentially great opportunities every day that I can then decide to trade or not. Yes, I know I could probably find some of these myself, but I'd rather pay someone else to do the hours of legwork here. It's as simple as that.
I'll let you know how I get on
You are about to learn a very good, though expensive, lesson.
it's not going to cost me a bean if it doesn't work, suggest you re-read *all* of my post
Free lunches usually cost something. If they offer it, usually they have a way of getting at your money. I'd be careful giving out your bank details. Things seeming impossible can become rather obvious after the fact.
Agora appears to be experts in other fields too:
http://www.asa.org.uk/ASA-action/Adjudications/2008/11/Agora-Lifestyles-Ltd/TF_ADJ_45348.aspx
Joe,
Thanks for the advice but I'm always cautious around parting with bank details. No actual payment has been made, just a Direct Debit authorisation which doesn't activate until the end of the 30 day free trial period - which starts when I physically receive the software and training CDs.
The direct debit is in favour of Agora Lifestyles Ltd, Sea Containers House, 7th Floor, 20 Upper Ground, London SE1 9JD. Agora Lifestyles Limited is part of the MoneyWeek/Fleet Street Publications group (publishers of MoneyWeek magazine, see www.moneyweek.com) so there are worse companies to trust!
Normal direct debit safeguards and guarantees apply, i.e. no changes can be made without notifying me at least 10 working days (2 weeks) in advance. If anything dodgy happens, I get an immediate refund from my Bank via its DD guarantee (which works brilliantly, I've done this before) and I can cancel my direct debit Instruction at any time via online banking so no further money can be taken.
As I said before, I'm a huge sceptic, but still really interested to see if there's any mileage in this.
I'll keep you posted with developments - good or bad