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Beware false dawns

Last post 28 Mar 2006, 5:39 PM by NightHawk. 5 replies.
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  •  24 Mar 2006, 7:27 AM 113252

    Beware false dawns

    Someone forwarded on a flyer to me this week for the Trade Share Global opportunity using MDS software to trade the Currency markets. I have no doubt that certain individuals use the MDS software and do indeed have successful trades using the various indicators. What troubles me is that the perpetrators of this flyer are serial network junkees who jump from one opp to another in the blink of an eye. They are making wild income claims before they could possibly have road tested this system to see if it does do "what it says on the tin". Therein lies the problem of MLM most people are more interested in the recruitment drive than actually getting on and using the product itself. If making money from this was so easy why are they networking it in the first place,I know someone will argue multiple streams of income but surely if you bring people on board and they don't win money using this they will simply cancel the subscription ( a lofty £150.00 a month) so the networker will lose that revenue. The claims made £900.00+ pounds in a day are surely enough to keep Joe average happy without the constant pitching of others. Secondly the owners of MDS/TSG should vet what is being marketed as surely it contravenes some trade descriptions act if the claims are simply not true.

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  •  24 Mar 2006, 12:12 PM 113286 in reply to 113252

    Re: Beware false dawns

    This is part of an email 'flyer' I have received off a silly man who like Justin and Tom, only those two don't bother promoting on here anymore,  is now promoting Tradeshare Global.

      This is the sort of advertising that the MD or any of his staff should be stopping or vetting this sort of misleading lies.

    The managemnet obviously don't mind how their colleagues 'sell' the deal as long as they sell it.

    It makes interesting reading from a chappie who has used the system for less than a week.   The problem is, even if it was a good trading system, then those like this cheeky chappie give it a bad name.

    the statements in the email as follows:

    At last – I’ve hit the Jackpot!

    Hows this for two unbelievable days?

    1.       I celebrated St Patrick’s Day, 17th March, by making £570 when the Footsie 100 went through 6,000.

    2.       I got a real spring in my step on the first day of spring, 21st March, when I made 199 ‘pips’ trading the pound against the dollar.

    Don’t know what a ‘pip’ is?  Nor did I at the beginning of March!

    No matter, I do now, and am I glad!  Each pip was worth ££10 to me and I made £1990 profit the first spring day.

    I cant believe my luck. But, in truth, it wasn’t luck -– the Market Analyser did it for me.  And on‘normal’ days I regularly make over £100.

    Mind you, I could be making even more if Id set each pip at £20 or £30. Theres really no limit.  Thats the beauty of spread betting -–all tax free!!

    The future looks bright.  As my balance builds up Ill keep increasing the bet per pip, and then look at other currencies.  I cant wait.

    It looks like Ive found a system at last that lives up to its promise and really will give me enough money to stop worrying and start enjoying some of the good things in life -–like champagne and caviar.  Or a trip to the Victoria Falls and the Kruger National Park -–my dream holiday.

    Or I might buy a car like this.       A picture of a little sports jobbie is supplied!

     

    WHOOPEE!!

     

    A total load of tosh!! 

    Also this, why bother recruiting if they are making money...this after 3-4 days don't forget:

    Building a team

    Im so excited about the money Im making I cant keep quiet. I tell everyone I meet.

    Already, four people have joined me, and two of them have found someone else.

    The commissions are building up on top of my trading profits.            

    And Im getting share options!

    All within 3-4 days...where do I sign?

    I am glad you started this thread Doddsy, it needs stopping.

  •  25 Mar 2006, 12:40 AM 113318 in reply to 113286

    Re: Beware false dawns

    Has anyone ever traded using the software provided by this company http://www.fxuniversal.com I looked at Trade Share Global but found it just that bit expensive, tied in with the MLM side of things didn't really appeal to me.  Although I am interested in trading the Forex, being a beginner I need as many indicators as possible.  Fx universal seems to fit the bill sending out emails and SMS's when it looks good to trade, wether that be day trading or swing trading. Just wondered if anyone had tried this and how good or bad is it.

     

    Cheers

     

    John

  •  25 Mar 2006, 1:18 PM 113350 in reply to 113318

    Re: Beware false dawns

    lol i know what you mean, i HATE it.

    Those long pages of hope that scroll down for miles, trying to convince you to buy into a con, where they have the nice picture of the sports car, and happy smiling people, and they use big text like a 6 year old.

    What bothers me is, why people even beleive it?

    Come on guys, there scams lol.

    Matt

    Do or dont do, there is no "try"!
  •  27 Mar 2006, 2:02 AM 113459 in reply to 113318

    Re: Beware false dawns

    scotty40ish:

    Has anyone ever traded using the software provided by this company http://www.fxuniversal.com I looked at Trade Share Global but found it just that bit expensive, tied in with the MLM side of things didn't really appeal to me.  Although I am interested in trading the Forex, being a beginner I need as many indicators as possible.  Fx universal seems to fit the bill sending out emails and SMS's when it looks good to trade, wether that be day trading or swing trading. Just wondered if anyone had tried this and how good or bad is it.

     

    Cheers

     

    John

    In my early days I downloaded a paid trial for this software. The first thing that became apparent is they trade the NY session so the first "signals" you receive are at 1.30pm UK time. The other problem is that in any one day they give you 4 signals at a time on the currency pairs they advise on. I remember having 4 seperate trades running and everyone of them was losing which cost me a lot of my bank. The next day I lost confidence and all 4 trades they suggested won loads of pips. This seems to be pretty much the way Dashboard works. If you follow their results they more often than not end up on top so if you are going to use them have a large bank to start and be prepared for losing days. I still can recall one day they lost over 90 pips. The next day they won over 200 which is still a great net result. I do not use them anymore as I find it quite superflous to have 4 trades running on different pairs. As an example you may only have £1 per pip x 4 trades. I would rather have £4 on a single trade.

  •  28 Mar 2006, 5:39 PM 113663 in reply to 113459

    Re: Beware false dawns

    Good work lads...keep it up...couldn't agrre more with your sentiments.

    Too many out there trying to dupe others into parting with their well earned cash by spouting lies.

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