Microcap Millionaires. Matt Morris

maxpesh

Newbie
3 0
Hi there everyone, I'm new to stock trading and do not wish to get scammed like I did when I was spreadbetting. Seen microcap millionaires site and I just wondered if anyone else had any experience with this guy and his stock picks. Cheers...
 

Quantt

Established member
944 59
Hi there everyone, I'm new to stock trading and do not wish to get scammed like I did when I was spreadbetting. Seen microcap millionaires site and I just wondered if anyone else had any experience with this guy and his stock picks. Cheers...

Looking into the website, 99% you'll be scammed... No verified track record says it all... I bet his guy cannot trade and is selling the dream to gullible newbies...
 

maxpesh

Newbie
3 0
Looking into the website, 99% you'll be scammed... No verified track record says it all... I bet his guy cannot trade and is selling the dream to gullible newbies...

Thank you . I have been everywhere and I cannot find anything on YouTube or any other sites that has anything negative to say about him ?
 

maxpesh

Newbie
3 0
in what way did you get scammed while spreadbetting?


I know as much about penny stock picking as this gal:

https://www.youtube.com/watch?v=Ly7XzD--gWo

I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !
 

f2calv

Experienced member
1,317 278
I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !
Followed him on Twitter for laughs for a while, he never posted losing trades, and trading part-time from his bedroom doesn't inspire confidence.

And his fawning interview with Vince Stanzione (on YouTube somewhere) ...made me want to hurl.

Avoid any/all "educators".

Just remember "Those who can't do, teach!"

Sent from my Nexus 6P using Tapatalk
 

Kaeso

Established member
916 105
I went along with the Chris Chillingworth Spreadbet beginner course, and used his ten minute chart for trading, followed all the rules without emotion and wiped out my albeit small account, but proved beyond a shadow of doubt that he is another one full of BS !

Mr Chillingworth seems ok, I had not heard of him before, i see he gives some good free information and insight on you tube and I'm sure his course gives some ideas and methods of trading. However I think you were looking for the holy grail system that you could basically copy, without much prior knowledge, skill and experience which doesn't come so easy i'm afraid. To call him a bs scam is inaccurate because i don't think he claims everyone is guaranteed to make money from his system.
 

tomorton

Legendary member
8,138 1,226
Microcap trading is going to involve colossal spreads, unpredictable price swings, difficulty getting in due to illiquidity, difficulty getting out (even more serious) due to illiquidity, blocking of online orders of any significant volume forcing you into phone trading with higher costs and possibilities of being trapped in a position, massive slippage on order execution prices, susceptibility to ramping or deliberate pump-and-dump, wild price moves on forum gossip (or lies), inadequate information on company fundamentals, restricted leverage on trades, etc. etc. etc.

Yet its an easy sell because all the promoter needs is to select the one lucky subscriber out of the 5000 losers and have this winner say, quite truthfully, "I subscribed to the XYZ newsletter and I made 589% in one morning on one of their tips".

The difficulties and risks are colossal, the probability of success is tiny.
 
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wallstreetking

Well-known member
469 6
Chris Chillingworth is a system hopper.

He contradicts himself. He keeps talking about following system rules and not changing from one system to another.

The guy is currently trialling a third system because the previous systems he sold to his clients did not work for him.

He keeps creating and marketting new systems.

STAY AWAY from this guy.
 
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Kaeso

Established member
916 105
Chris Chillingworth is a system hopper.

He contradicts himself. He keeps talking about following system rules and not changing from one system to another.

The guy is currently trialling a third system because the previous systems he sold to his clients did not work for him.

He keeps creating and marketting new systems.

do you have any evidence/proof of this?
 
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gtspeed

Active member
101 7
Don't buy Chris Chillingworths course as is a heap , the course is simply waffle with the strategy simply 100EMA and 200EMA. Use the 2 EMA's as a channel and enter trade from a 5EMA when crosses out the channel and close when enters. Looks great on trending charts but in real world simply does not work. If part of the facebook group if you say anything you are kicked out straight away. His youtube tapes are also false as anyone can look at a steep chart without any lines or EMA's on and say got in on the top and out at the bottom. He is as was said earlier full of BS as never answers emails unless stating you are looking to buy then he answers , if anything else no chance. Just remember "Those who can't do, teach!"
 
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zdrux

Newbie
5 0
NEVER PAY FOR TRADING ADVICE/INSTRUCTIONS.

Everything you need to become a successful trader is available for free on YouTube, in articles, in blog posts, on social media, etc..

What you are missing is TIME, you need to spend months; most likely years trying what works and what doesn't before you start making money, there is no short cut to trading without understanding how to read charts and price action.

No amount of money can accelerate this process.
 

NVP

Legendary member
37,534 1,988
NEVER PAY FOR TRADING ADVICE/INSTRUCTIONS.

Everything you need to become a successful trader is available for free on YouTube, in articles, in blog posts, on social media, etc..

What you are missing is TIME, you need to spend months; most likely years trying what works and what doesn't before you start making money, there is no short cut to trading without understanding how to read charts and price action.

No amount of money can accelerate this process.

agreed .....however if you read the market wizard series of books and many of the trading podcasts below ....

https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg

most top traders did spend time being mentored in their career.........and most say it was integral to their eventual success

ive had probably 4-5 mentors in my career so far and all have undoubtedly added to my learning and experience ........

so its not 100% all available free online .....

N
 
 
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