Turnaround Trader by Guy Cohen

x4x

Well-known member
465 61
You're right - I feel a bit of knob for trialling this but I'm still within the return period so I have sent it back today.
Personally I don't think the strategy (can hardly call it a system) is that bad, but what makes me cross is the suggestion that one can make 2 or 3K a month off it with a small account - it will take literally years to get up to that level. It's sick because the marketing is targeted specifically at the most vulnerable - the newbies without much money.
 

New2trading1

Newbie
3 0
"As it happens I did know of a very simple and successful system which ticked a few of those boxes, but I’d long ago abandoned it because it was rather ‘small beer’ to me. These days I’m not that bothered about something that makes $2k-$3k a month. It’s a bit yawn-worthy"

If it worked well there is no reason why the 'system' would be limited to $2k -$3k a month, why would it be.....?

Hi to you & everyone here :D
newbie here
So from what you said here above, does that mean his strategy is 'similar' to those you recall and therefore ok?? Or totally flawed and us newbies are wasting our money going with this doji turnaround malarkie, or the theory is sound and not a malarkie and a total novice like me, could possibly make small money, say, £500 - £1000 per month, if starting 'really' small say £0.50-£1 per point basis? chilliepowder has a valid question for quite a few of us, it would appear.... how many have bought into this?? is it truly a bit of a scam??
:?:
 

x4x

Well-known member
465 61
Hi to you & everyone here :D
newbie here
So from what you said here above, does that mean his strategy is 'similar' to those you recall and therefore ok?? Or totally flawed and us newbies are wasting our money going with this doji turnaround malarkie, or the theory is sound and not a malarkie and a total novice like me, could possibly make small money, say, £500 - £1000 per month, if starting 'really' small say £0.50-£1 per point basis? chilliepowder has a valid question for quite a few of us, it would appear.... how many have bought into this?? is it truly a bit of a scam??
:?:
The strategy may not be a bad strategy, and the support he offers may make it worth the money, but I can guarantee you won't make anything like 500 - 1000 off 0.50 or 1 pound per point. I think his marketing is so disgusting you would be mad to reward him by buying it.
 

pboyles

Legendary member
8,072 1,301
Remember this is the same guy that claimed he had decoded a secret box smuggled out of Nazi Germany and that it could be used to make millions. These guys sell dreams, nothing more, don't fall for any of this nonsense.

By the way the returns you are expecting are way too high. Maybe you could get a quarter of that after five years of practice and many thousands in losses.
 

New2trading1

Newbie
3 0
By the way the returns you are expecting are way too high. Maybe you could get a quarter of that after five years of practice and many thousands in losses.
Well, well, well. I think your comments say it all. :( thank you all very much for your feedback, and helping big time.

Would be so curious to hear from anyone else later, who picks up this thread and responds. A quarter is not much use to anyone and to take 5 years, well, we all wont be here then, plus dont like the thought of losing thousands either! Haha!

So, what do you think? Is there 'another package' or a more practical way to start trading or is the whole industry riddled with 'offers' like this? Im sure theres no real way, but hard work, proper tuition and loads of practice, to make any sytem work for you; along with lots and lots of luck (labour under correct knowledge)! No doubt you guys have had to work hard for it! Ive worked hard too, but need to acquire a little extra!! lol.

Cheers for now (y)
 

pboyles

Legendary member
8,072 1,301
The entire industry is riddled with scams. Anyone who says you can make money in 20 minutes a day or that you can learn all this in a week or two is a downright liar and is only interested in selling you some crap.
 

New2trading1

Newbie
3 0
You got it. Check this thread out, it may help starting out: Price Action Thread

There is plenty of good stuff and links all over the site, something out of a box, nazi or otherwise isn't going to help
Oh thanks! just some light bedtime reading, it would appear!! Yeah, just whiz thru that in an afternoon, then by the end of the week, sell 'yet another system'! lol.

seriously, you dont mind if i take my time over that do you?
 

p-lab

Active member
189 12
Oh thanks! just some light bedtime reading, it would appear!! Yeah, just whiz thru that in an afternoon, then by the end of the week, sell 'yet another system'! lol.

seriously, you dont mind if i take my time over that do you?

:rolleyes:
You think I'm a vendor LOL - What are you talking about? Try and take the advice from pboyles and the rest. I could care less what you waste your money on just trying to help you sunshine.
 

csl1974

Newbie
7 0
I am a newbie myself and I am curious about this Turnaround Trader from Guy Cohen. I can see a lot of Guy Cohen bashings here. I am not siding anyone, but those who have been saying bad things about him, I have 1 question, have you all seriously tried it out yourself and traded it for at least 30 days? Why 30 days because if you don't like it, you can always get a full refund. And for those who have tried it out, did you make any money? If you didn't, how long have you used it?

I have tried the service of Options Hotline by Steven Sarnoff and I can honestly say Sarnoff was a cheat because I've tried it out for a month and most of his option picks lost money. So that makes me qualify to criticise him. So for those who are criticising Guy Cohen, do you have at least one month of experience in using his service?
 

spaceage

Junior member
43 0
He made himself a laughing stock with his 'secret nazi box' claims. Only an idiot would fall for rubbish he sells.
But yet he gets promoted time & time again. Of course, for those who are completely new to trading, it's the marketing that makes the decision for them. That, combined with the promise of the "turnkey" solution which most people dream of...
 

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