KISHORE M - Real or Scam

NVP

Well-known member
Jun 21, 2004
36,089
1,752
223
west sussex, UK
fxcorrelator.com
#77
I paid 3k+ for this joker's course 2009 and he used 8 indicators RSI, CCI, 2 Moving average, MACD, Stochastic,ADX and bollinger band. Do you believe his method will works? LOL

He took hours to wait for his failed trade to turn back during a live trade and he asked newbies with no proven results to build up illusions in you and you will waste your precious time thinking it will works since they keep telling it will work during the tutorial lessons.

His 100% accurate is a scam. He ask you to susbcribe a service where they calculate the past history activity and predict the future result but his tutor mentioned it is only a guide and yet he claim it to be 100%. LOL

His method is the dumbiest method. 50% accurancy is gambling. He advertise from forex to commodities to stock. why do anyone need to pay to learn what is free?

Wondering why his advertisement is still around in singapore newspaper. Cant the government stop all these scammers through complaints?
jees was here any popular indicator he missed ?

sadly scammers exist everywhere in every business.......try to spread the word about proven scammers through Forums and other channels then at least you have tried to warn people......

Ive been around the gambling business for over 45 years and its ripe for scammers as its always been and always will be

N
 

leerees

Active member
Sep 13, 2010
154
5
28
#78
I paid 3k+ for this joker's course 2009 and he used 8 indicators RSI, CCI, 2 Moving average, MACD, Stochastic,ADX and bollinger band. Do you believe his method will works? LOL

He took hours to wait for his failed trade to turn back during a live trade and he asked newbies with no proven results to build up illusions in you and you will waste your precious time thinking it will works since they keep telling it will work during the tutorial lessons.

His 100% accurate is a scam. He ask you to susbcribe a service where they calculate the past history activity and predict the future result but his tutor mentioned it is only a guide and yet he claim it to be 100%. LOL

His method is the dumbiest method. 50% accurancy is gambling. He advertise from forex to commodities to stock. why do anyone need to pay to learn what is free?

Wondering why his advertisement is still around in singapore newspaper. Cant the government stop all these scammers through complaints?
I only started making money once I scrapped all the stupid indicators.

Now I just use renko charts or if I fancy going oldskool then candles + EMA.

Trading is about observing trend lines, support and resistence. There is nothing more to it than that and anybody that tries to tell you any different is lying.

You don't need to go on a training course to learn this, all you need to do is be able to draw lines on your screen and place your orders a few pips above or below the line.

Sometimes you might have to wait days to see an obvious trend, other times you won't even need to draw a line to see a trend. If you can't see any pattern at all, then look elsewhere, all that noise is probably the 1000's of wallies trading fibbornaci's, moon cycles or whatever crap is in fashion this month.

I'll tell you a secret, step back to an hourly chart and beyond and you will make money.
 

sniper012

Active member
Feb 22, 2010
152
6
28
#79
I agree. I trade on basically a naked chart as well. I use candlestick formations with basic support/resistance levels. I prefer 4hr charts and above however.
I only started making money once I scrapped all the stupid indicators.

Now I just use renko charts or if I fancy going oldskool then candles + EMA.

Trading is about observing trend lines, support and resistence. There is nothing more to it than that and anybody that tries to tell you any different is lying.

You don't need to go on a training course to learn this, all you need to do is be able to draw lines on your screen and place your orders a few pips above or below the line.

Sometimes you might have to wait days to see an obvious trend, other times you won't even need to draw a line to see a trend. If you can't see any pattern at all, then look elsewhere, all that noise is probably the 1000's of wallies trading fibbornaci's, moon cycles or whatever crap is in fashion this month.

I'll tell you a secret, step back to an hourly chart and beyond and you will make money.
 
May 1, 2011
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#80
I saw some feedbacks. I doubt his 50% works for a 200pips win,9 x 10pips lost since his stop loss is 100pips. LOL. XD Failed Trade Plan.

I use 3 ema(21,50,100/200) with RSI at most. Support and Resistance(most important). Trendlines. Candlestick - pin bar, bullish engulfing, bearish engulfing. Always follow the week, day trend. Enter a trade at 4Hr or 1Hr chart. I prefer 4Hr and trending swing trade.

Pls share if you have some nice strategy. Hate lots of indicators.

Lastly, I begged you dont sign up his course. Go buy some Gold or silver for investment is much more worth it.
 
Jun 2, 2011
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#81
Ok. I've been to Kishore's Seminar in Singapore and had asked my friends to go to his seminar in other Places.

Some noteworthy points:

1) It is observed that he does use "EMOTIONAL MARKETING" techniques using the "cooked family background and stuff".

2) In all seminars, at different places, he had THE SAME MARKETING GIMMICK of saying that there are "X" no. of seats available. How can the number of seats available be the exactly the same at different places at different time????

3) He uses FAKE BONUS techniques. Stating something like...."My course is worth 8000 dollars + Bonus # 1, 2, 3....5 = Worth 25000 dollars....But I will not charge so much...I will come down a bit....Still a bit.....and eventually he reveals the price only to the ones who agree to join wihout even knowing the price"

HE BOASTS ABOUT 100% ACCURACY SYSTEM......THINK ABOUT THIS GUYS......IF 100% ACCURACY WAS POSSIBLE....THEN WHY 1) HIS RETURNS ON CAPITAL IS NOT MILLION % 2) WHY IS HE WASTING COUNTLESS HOURS GIVE THE SAME B.S. SEMINARS...AND WHY DOESN'T PUT HIS MILLIONS TO MAKE BILLIONS QUIETLY ????????

Save yourself from all this crap and get focussed on some realities of trading.

My Tip / Suggestion: We all know that in some time period, our winning rate is too high and in some, it is too low. Using this common sense approach, if we RANDOMLY arrive at win-loss ratio over a period of time (Say 5 years) then you will realize that average typical win-loss ratio is always around 50% - Hence, professional traders give more importance to RISK-REWARD RATIO than Win-Loss Ratio.

Use this in excel for 24 rows (Each row is say 1 month, so we do this for 2 yrs = 24 months = 24 rows):

a) Randbetween(15,85)

b) Take an average of those 2 values

You will see that your win-loss ratio will be below 60%. Which means that RISK REWARD RATIO WINS!!!!!!

FORGET THIS "MARKETING" GUY AND TRUST YOURSELF AND FIND SOMEONE WHO SPEAKS LESS AND DOES MORE (i.e. exactly opposite of Kishore).

Hope this is useful.
I agree totally.
I also attended his "Free" seminar recently.
He knows how to use lots of EQ and physcological technique to "lure" pple into his expensive course.
Towards the end of the free seminar, he asked the helper, how many seats left?
The helper shouted "12".
So he said he's gonna give a free S$1,000 trade money to the first 12 participants who registered for the course. However, there are more than a dozen credit cards submitted, and none was rejected. I thought the seats left is 12?
I think they are running free seminars every week. And in each seminar, the number of seats left is 12??? LOL
I would say it's a high power selling course. However, come to think of it, if his FX trading course is really so good - words will spread. And pple will flock to his course. Does he still need to pursue this kind of tricks?

I guess he made more money from his course then the real trading.

Thats my two cents worth.
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#83
Now everyone knows that he's a marketer and is only using trading as a product to sell.

If trading was banned tomorrow these marketers wouldn't worry. They'd just find another product, slightly tweak the marketing material and be back in business within a week.

As for the people who get taken in by this sort of crap, please do yourself a favour and look in the mirror for the real person to blame when you don't make the kind of easy money you were led to believe you were going to make.

You've all been warned.
 
Jun 2, 2011
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#84
Now everyone knows that he's a marketer and is only using trading as a product to sell.

If trading was banned tomorrow these marketers wouldn't worry. They'd just find another product, slightly tweak the marketing material and be back in business within a week.

As for the people who get taken in by this sort of crap, please do yourself a favour and look in the mirror for the real person to blame when you don't make the kind of easy money you were led to believe you were going to make.

You've all been warned.
Well said.
What these so called "financial gurus" or rather "seminar experts" are selling are merely the people's GREED.
 
Jun 7, 2011
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#85
$2000+ course fee X (just) 500 Students per year = $1,000,000

Do that in Malaysia, Indonesia, Thailand... WOW!

Anyone wants to JV and set up a training school?
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#86
$2000+ course fee X (just) 500 Students per year = $1,000,000

Do that in Malaysia, Indonesia, Thailand... WOW!

Anyone wants to JV and set up a training school?
Are you prepared to lie in order to sell?

And who's going to deal with all the irate customers who realise they've been scammed?

Plus, there are plenty of marketing costs to consider.
 
Jun 9, 2011
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#87
attended his free seminar yesterday...very similar to what expertho mentioned..."18 seats left!" ...about $3000plus for the 3 day course...and he is giving away $35000 worth of free software advise etc etc...end of the seminar I would say at least 20 signed up...I sat at the back and was giving it a deep thought before leaving the room...I was thinking if it sounds too good to be true, it probably is...I would say that he is very very convincing...
 

anley

Well-known member
Dec 16, 2003
2,730
229
73
#88
I would say that he is very very convincing...
That's because he's a good snake oil salesmen. They can sell oil to the arabs, ice to eskimos etc.

Selling is his game, not trading, that's just the product. Ban trading and he'd be back, same strategies, different product.
 
Jun 2, 2011
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#89
That's because he's a good snake oil salesmen. They can sell oil to the arabs, ice to eskimos etc.

Selling is his game, not trading, that's just the product. Ban trading and he'd be back, same strategies, different product.
Exactly, now I think back. Probably some of the attendants to RUSH to register are pre-arranged by them, i.e. actors/actresses.

Now I hope those genuine participants who registered for course would be able to learn sth and earn their expensive fees back.

This guy is an NLP expert.
 
Jun 2, 2011
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#90
attended his free seminar yesterday...very similar to what expertho mentioned..."18 seats left!" ...about $3000plus for the 3 day course...and he is giving away $35000 worth of free software advise etc etc...end of the seminar I would say at least 20 signed up...I sat at the back and was giving it a deep thought before leaving the room...I was thinking if it sounds too good to be true, it probably is...I would say that he is very very convincing...
The course is supposed to be on 26th June or something right?

We were told there were only 12 seats during the course that day, and more than 12 signed up at the end of the course. :sneaky: