Morning……
Yesterday I also received a mail-shot through the post from the smooth talking Mr Hein.
I would agree with most of what has already been written. I would like to add that the mail-shot is very OTT. It clearly implies that the author has some kind of magic formula or system which guarantees to make the buyer money. This is not so – no such formula exists and the only people looking for such a formula are doomed to fail from the start.
The sales patter is impressive indeed but one would have to question the content. A junior dealer issuing a customer with indirect investment advice – there maybe some compliance issues there ! Also, he writes a document which his employers pay him to create (which hugely boosts profits) and his employers allow him to take the document away with him and let him retain world wide rights……It simply doesn't work like that normally, if you are paid to do something then your employer retains the rights to what you have created. It’s no different from someone who leaves after building up a companies client base – they don’t have the right to take the client base with them.
The comments made in the mail-shot are misleading and dangerous. A quick glance at Advertising Standards shows that a similar mail-shot has already been heavily criticised. This present mail-shot may have connections to the one mentioned. The style is consistent with other letters written by the likes of VS. and his pals.
The fact is, at first glance, the markets look very easy to trade. This means that if you introduce someone to the idea of trading then, to a large extent, the idea will sell itself. The idea of trading the financial markets for huge financial gains is an idea which is very easy to promote. With greed being what it is there is a wealth of prospective customers. The question is…..Are these sales letters misleading people over what is achievable ?
More often than not the answer is ‘YES’. In my opinion, this is just another internet marketing business. It is interesting that the guy in question has previously been linked to other internet marketing business. Suddenly the same guy is an outstanding institutional trader who, having revolutionized the way his employer and his customers do business, leaves and tries his hand at all manner of internet business before proclaiming himself a ‘guru’ who has a system which is certain to make money. Interesting.
What is also interesting is that the guy is claiming he worked for a Luxembourg investment firm. People who have bought his product have already indicated that the stuff is very basic even if you are a beginner. This begs the question, why would this be of any use to customers of an investment firm. Surely they would be far more experienced than beginners ? I’m sorry, it just doesn't add up, infact, it stinks.
Just my opinion and nothing else,
Steve.