Vince Stanzione Financial Spread Betting System
- Thread starter Hill 16
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I can remember " Good old Vince " from almost ten years ago and fortunately never at that time never had the cash to go on 0ne of his training courses . However I did invest about 100 pounds in some basic introduction to Spread Betting written by him at the time ! it was basic you could have got all the information for Free from any spread betting company ! He even sudjested several companies to open an account with ! when I spoke to one of them and offerd his name as someone who had recommended me to there company . I was told to take his claims as a big roller with a pinch of salt !! . And they had nothing to win or loose from offering the information to me .
In the years that followed I got regular fantastic offers from him at various different amounts but never showed any further interest in him . I do remember a story about the Indian restaurant owner somewhere in his literature ! I f he ever really existed in real life and made the money Vince sudjests Then I doubt strongly if it had anything to with our friend Vince or his teaching .
Would sudjest to anyone hot to send him there hard earned cash for seminars , systems or books . to take half the amount and send it to your favourite charity , the other half treat youself and girl friend / wife to a nice evening out .
Then sit bacK knowing you not one of the many losers .
Be Lucky . Country Roads .
In the years that followed I got regular fantastic offers from him at various different amounts but never showed any further interest in him . I do remember a story about the Indian restaurant owner somewhere in his literature ! I f he ever really existed in real life and made the money Vince sudjests Then I doubt strongly if it had anything to with our friend Vince or his teaching .
Would sudjest to anyone hot to send him there hard earned cash for seminars , systems or books . to take half the amount and send it to your favourite charity , the other half treat youself and girl friend / wife to a nice evening out .
Then sit bacK knowing you not one of the many losers .
Be Lucky . Country Roads .
a quote I found may be of interest if anyone is curious on one of vince's methods
"2/20 ema breakout system by dave landry is similar to vinces 20/40 rule"
and a link to dave's system with metastock code
http://www.arbtrading.com/emabreakout.htm
I just dont have the time right now to check it out, if nobody else does I may in due course
cheers
don
"2/20 ema breakout system by dave landry is similar to vinces 20/40 rule"
and a link to dave's system with metastock code
http://www.arbtrading.com/emabreakout.htm
I just dont have the time right now to check it out, if nobody else does I may in due course
cheers
don
The problem with these trend following systems is that they look great when placed on the charts of certain stocks. The problem is that these systems dont detect stocks where a trend following system is going to work. I seen a fair few of these seminars one way or another (You can buy the recordings very cheaply on ebay) and I would say that 'curve fitting' is the vendors number one tool in getting folks to believe. The fact is that quite often 'The Stock Market' will sell itself. Throw up a chart which shows a stock moving from $5 to $100 in 18 months and you'll get the attention of 99% of the people in the room. What would be interesting would be for someone who went to run a test group where all the results could be posted onto a website.
With regards to Vince's "one small table" - It's blatantly obvious that he's going to need a bloody large one. I'd also agree with something written earlier. For VS to offer half price tickets is quite likely a sign that the first mailing was fairly unsuccessful. Might be worth ringing and offering £200 the day before the seminar! It could of course be an indication that the seminar market is reaching some kind of saturation.
Steve.
With regards to Vince's "one small table" - It's blatantly obvious that he's going to need a bloody large one. I'd also agree with something written earlier. For VS to offer half price tickets is quite likely a sign that the first mailing was fairly unsuccessful. Might be worth ringing and offering £200 the day before the seminar! It could of course be an indication that the seminar market is reaching some kind of saturation.
Steve.
Hi Steve
you are correct of course on curve fitting, that has got to be the perfect bait to catch newbies
if only they would do an internet search first before they sign up to these kind of things, they would then find this site, be warned of the perils and be able to learn the tools to be able to find their own path in trading.
one of the easiest ways to start the learning process imo is to take someones strategy, study it, check out how it works, ask yourself why it works or doesn't as the case may be. think how it could be made to work. if the strategy is obviously rubbish move on to another
someone somewhere will have posted on the internet, for free, a strategy that will suit a newbie if only they would take the time to learn the basic knowledge that will allow them to recognise it when they find it.
some members may be wondering of my interest in this thread. it is because of researching a mr vincent stanzione a few years ago and finding this site, its a shame many do not.
cheers
don
you are correct of course on curve fitting, that has got to be the perfect bait to catch newbies
if only they would do an internet search first before they sign up to these kind of things, they would then find this site, be warned of the perils and be able to learn the tools to be able to find their own path in trading.
one of the easiest ways to start the learning process imo is to take someones strategy, study it, check out how it works, ask yourself why it works or doesn't as the case may be. think how it could be made to work. if the strategy is obviously rubbish move on to another
someone somewhere will have posted on the internet, for free, a strategy that will suit a newbie if only they would take the time to learn the basic knowledge that will allow them to recognise it when they find it.
some members may be wondering of my interest in this thread. it is because of researching a mr vincent stanzione a few years ago and finding this site, its a shame many do not.
cheers
don
yaaaaaaaaaaaawn.
i really dont see what the problem is. so VS is basically saying trade breakouts (either to the upside or the downside) or possibly get in a bit earlier when price crosses the 200 day MA. apply a trailing stop loss to cut losses short and and let profits run. he even advocates limited risk stop losses if using derivs.
assuming you're not a total idiot, apply good money management, are well capitalised so trading costs aren't a huge %, know who to read a company balance sheet, know how cyclical sector rotation etc etc then as you let your profits run and cut your losses short u will make money. hardly rocket science is it?
but as we all know most ppl lose £££ in this business as they cant stick to simple rules. if you have the patience to let positions run then whats the problem. trend following is not a dirty word and its how i make MY money. i no longer care about fib or gann or elliot. neither do i TRY to pick tops or bottoms. so i only grab a bit of the move. bid deal. so he uses charts that look good to show the point. big deal.
i've seen the course (copied free of course!) and its better than most. there's no BS in it. its not some sexy day trading rec 100's of indicators. its simple MA which EVERYONE else is watching / trading. he also says dont best not trade the index to newbies. good advice as most of us know on here!
later
i really dont see what the problem is. so VS is basically saying trade breakouts (either to the upside or the downside) or possibly get in a bit earlier when price crosses the 200 day MA. apply a trailing stop loss to cut losses short and and let profits run. he even advocates limited risk stop losses if using derivs.
assuming you're not a total idiot, apply good money management, are well capitalised so trading costs aren't a huge %, know who to read a company balance sheet, know how cyclical sector rotation etc etc then as you let your profits run and cut your losses short u will make money. hardly rocket science is it?
but as we all know most ppl lose £££ in this business as they cant stick to simple rules. if you have the patience to let positions run then whats the problem. trend following is not a dirty word and its how i make MY money. i no longer care about fib or gann or elliot. neither do i TRY to pick tops or bottoms. so i only grab a bit of the move. bid deal. so he uses charts that look good to show the point. big deal.
i've seen the course (copied free of course!) and its better than most. there's no BS in it. its not some sexy day trading rec 100's of indicators. its simple MA which EVERYONE else is watching / trading. he also says dont best not trade the index to newbies. good advice as most of us know on here!
later
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I Think his system would have flagged a short
TV Commerce Holdings PLC
("TV Commerce" or the "Company")
Trading Update
As we said in our interim statement for the six months to June 30, 2006, the
market in which the Company operates has become increasingly regulated.
On November 22, 2006 the Company was informed by its telephony service provider
that the Independent Committee for the Supervision of Standards of Telephone
Information Services ("ICSTIS") had issued a formal reprimand and a
fine of £25,000 in relation to a live telephony service, promoted by its daytime
show, which has since been taken off air.
Whilst trading has been profitable in the second half of the year to date, given
the increased intervention of the regulator in this market, the Directors are
concerned for the future viability of the Company's existing business model.
The Board and its advisors are, therefore, currently reviewing the options
available to the Company in relation to the preservation and return of
shareholder value. Such options may include the possibility of taking the
Company private and delisting its shares from the Alternative Investment Market
of the London Stock Exchange.
At November 22, 2006, the Company had a cash balance of £115,000. On the basis
that trading continues until the year end, that further fines are not
forthcoming and that current balances receivable by the Company are received in
full, the cash balance at the end of the year is likely to be approximately
£350,000.
A further announcement will be made as soon as the Board has completed its
review of the options available.
For further information, please contact:
TV Commerce
Vince Stanzione Tel: +44 (0) 1908 330 747
TV Commerce Holdings PLC
("TV Commerce" or the "Company")
Trading Update
As we said in our interim statement for the six months to June 30, 2006, the
market in which the Company operates has become increasingly regulated.
On November 22, 2006 the Company was informed by its telephony service provider
that the Independent Committee for the Supervision of Standards of Telephone
Information Services ("ICSTIS") had issued a formal reprimand and a
fine of £25,000 in relation to a live telephony service, promoted by its daytime
show, which has since been taken off air.
Whilst trading has been profitable in the second half of the year to date, given
the increased intervention of the regulator in this market, the Directors are
concerned for the future viability of the Company's existing business model.
The Board and its advisors are, therefore, currently reviewing the options
available to the Company in relation to the preservation and return of
shareholder value. Such options may include the possibility of taking the
Company private and delisting its shares from the Alternative Investment Market
of the London Stock Exchange.
At November 22, 2006, the Company had a cash balance of £115,000. On the basis
that trading continues until the year end, that further fines are not
forthcoming and that current balances receivable by the Company are received in
full, the cash balance at the end of the year is likely to be approximately
£350,000.
A further announcement will be made as soon as the Board has completed its
review of the options available.
For further information, please contact:
TV Commerce
Vince Stanzione Tel: +44 (0) 1908 330 747
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Yes in the flyer I received yesterday the Indian chap from Birmingham who runs 2 curry houses and then trades shares in the evening and made £1.7m receives a 1/2 page coverage.
I'm so glad I did a Google search and ended up on here rather than fork out £347. As I know little about shares I might buy the manual for learning purposes on eBay, but then i noticed someone wanted £450 for it!
Folks, you've saved me a great deal of money and a lot of frustration
I'm so glad I did a Google search and ended up on here rather than fork out £347. As I know little about shares I might buy the manual for learning purposes on eBay, but then i noticed someone wanted £450 for it!
Folks, you've saved me a great deal of money and a lot of frustration
Vince Stanzione............He is not a crook he is clever very clever..
I rate him....Do you know why cos so many people are taken in by the mass crap that he produces and people buy it.........The best way that you could ever learn or even be a trader is by knowing your product....
Trading the word itself means to buy low sell high and make profit...right
So you should know your product in trading...People who do not know there product go into the market blind folded and then look for a solution to make their money back or become millionaires...and people like Vince target these people......
1. Know your product you wish to trade..
2.Learn about your product inside out....so that your trading becomes more powerful
3.Knowledge is free just have to find it with the God of the internet Google
4.Spending hours and hours on the internet will result to confusion,complication and remember that the holy grail does not exist..if it did I would have it by now
5.Technical indicators are there to assist and in now way at all can they ever be 100%
( So paying x amount of £'s for a few indicators never makes any sense and that is all you get in the ebooks)
6.Paper trade a strategy and make adjustments according to your trading style.
7.Dont keep changing your product or strategy....
In short Stick to you Plan,Srategy and Product.....
There you go £150 of information....
Happy Trading....
The Trading world is full of twists and turns.........follow the straight path and you will get there eventually...
Best of luck
Rav
3.Never spend money on something that hasn't
I rate him....Do you know why cos so many people are taken in by the mass crap that he produces and people buy it.........The best way that you could ever learn or even be a trader is by knowing your product....
Trading the word itself means to buy low sell high and make profit...right
So you should know your product in trading...People who do not know there product go into the market blind folded and then look for a solution to make their money back or become millionaires...and people like Vince target these people......
1. Know your product you wish to trade..
2.Learn about your product inside out....so that your trading becomes more powerful
3.Knowledge is free just have to find it with the God of the internet Google
4.Spending hours and hours on the internet will result to confusion,complication and remember that the holy grail does not exist..if it did I would have it by now
5.Technical indicators are there to assist and in now way at all can they ever be 100%
( So paying x amount of £'s for a few indicators never makes any sense and that is all you get in the ebooks)
6.Paper trade a strategy and make adjustments according to your trading style.
7.Dont keep changing your product or strategy....
In short Stick to you Plan,Srategy and Product.....
There you go £150 of information....
Happy Trading....
The Trading world is full of twists and turns.........follow the straight path and you will get there eventually...
Best of luck
Rav
3.Never spend money on something that hasn't
Why cant you buy high and sell even higher ?
These points appear to contradict each other
Paul
3.Knowledge is free just have to find it with the God of the internet Google
4.Spending hours and hours on the internet will result to confusion,complication and remember that the holy grail does not exist..if it did I would have it by now
4.Spending hours and hours on the internet will result to confusion,complication and remember that the holy grail does not exist..if it did I would have it by now
Paul
Is Vince as bad as he's made out to be?
I'm a bit flummoxed to be honest.
Although there seems to be an awful lot of negative flak flying about on here about VS, there is also the odd positive comment from people who HAVE made money following his methods and recommendations.
I've clocked the results of a "quick Google" by another member, and yes, there is some other stuff kicking about, but with few real opinions. It mostly seems noncommital than negative.
I'm intrigued that with all the comments about how much of a "crook" he (allegedly) is, I can't actually find a huge amount of feedback on the web panning him.
(Except on here, of course...)
Is this not a case of people paying out money to Vince and then not actually doing anything with the method, merely flicking through the manual, "oh...that won't work" and then crying that they've "lost" their money?
I'm finding it very confusing that with all the comments on here about his dishonesty and (alleged) shark-like qualities, I can't find a single thing about him or his fulfillment company on the advertising standards website. Hmmm....
Comments elsewhere about somebody losing £6k from £10k trading capital in a very short timeframe make me think that an awful lot of people on here doling out "advice" don't know half as much as they think they do.
As time goes on, I'm more and more getting the impression that there are a lot of theorists on here, but a lot less actual active traders, (no - not demo accounts), and still fewer that are actually making money.
(Edited for p*ss poor spelling)
I'm a bit flummoxed to be honest.
Although there seems to be an awful lot of negative flak flying about on here about VS, there is also the odd positive comment from people who HAVE made money following his methods and recommendations.
I've clocked the results of a "quick Google" by another member, and yes, there is some other stuff kicking about, but with few real opinions. It mostly seems noncommital than negative.
I'm intrigued that with all the comments about how much of a "crook" he (allegedly) is, I can't actually find a huge amount of feedback on the web panning him.
(Except on here, of course...)
Is this not a case of people paying out money to Vince and then not actually doing anything with the method, merely flicking through the manual, "oh...that won't work" and then crying that they've "lost" their money?
I'm finding it very confusing that with all the comments on here about his dishonesty and (alleged) shark-like qualities, I can't find a single thing about him or his fulfillment company on the advertising standards website. Hmmm....
Comments elsewhere about somebody losing £6k from £10k trading capital in a very short timeframe make me think that an awful lot of people on here doling out "advice" don't know half as much as they think they do.
As time goes on, I'm more and more getting the impression that there are a lot of theorists on here, but a lot less actual active traders, (no - not demo accounts), and still fewer that are actually making money.
(Edited for p*ss poor spelling)