Global Trader

[skinner36]

Has anyone here used The Global Trader? I'm not sure whether it is just software or some sort of system. Any thoughts or opinions would be most welcome.

Their web site is www.globaltrader.net.au

Regards

John

 

[Nick Radge]

Re: The Global Trader

They don't have an ASIC license for a start.

 

[julius]

Re: The Global Trader

GOLD PACK
• MANUAL
• MEDIA PACK
• HISTORICAL DATA
• 12 MONTHS DATA FEED
• PERSONAL TRAINER
• UNLIMITED TRAINING
• ACCESS TO WORLD STOCK MARKETS
• FREE UPGRADES FOR LIFE
• STAND ALONE TRADING PROGRAM
• CUSTOMER SERVICE
• 12 MONTHS MONEY BACK GUARANTEE
• REFERRAL AGREEMENT
• 2 STREAMS OF INCOME

???

 

[skinner36]

Re: The Global Trader

What is an ASIC license?

 

[Kauri]

Re: The Global Trader

What is an ASIC license?

What is a referral?

 

[GreatPig]

Re: The Global Trader

I like the sound of the personal trainer that comes with the gold pack. I need to work off a bit of this flab.

GP

 

[Sir Burr]

Re: The Global Trader

What is an ASIC license?

http://www.asic.gov.au/asic/asic.nsf/byheadline/Our+role?openDocument

Also:

Protecting consumers and investors
We have powers to protect consumers against misleading or deceptive and unconscionable conduct affecting all financial products and services,including credit.

 

[Sean K]

Re: The Global Trader

40 minutes a week instead of 40hrs? WTF!!

I spend 40 minutes a week waiting for the computer to turn on and off.

Initial investment $5K profit $46K?

What do they do, rob banks???

And, how can an Australian company do this without a lisence?

 

[Nick Radge]

Re: The Global Trader

What is an ASIC license?

Next time you're on Jetstar, ask the pilot if he/she has the qualifications for flying the plane.

If not...

http://boortz.com/mp3/archive/countdown.swf

 

[Timmy]

Re: The Global Trader

What do they do, rob banks???

And, how can an Australian company do this without a lisence?

Do I need a license for that?

 

[julius]

Re: The Global Trader

What do they do, rob banks???

ahaha kennas wins

 

[skinner36]

Re: The Global Trader

I take then that no one has come across this company before. I have done some research and the lead programmer, Colin Moyan, is the lead programmer and he appears to have been involved with a company called Aussoft.

 

[Trembling Hand]

Re: The Global Trader

I spend 40 minutes a week waiting for the computer to turn on and off.

Well imagine what you could do with a faster computer.

 

[CFD]

Re: The Global Trader

~~
I spend 40 minutes a week waiting for the computer to turn on and off.

Why turn it off?

 

[Sean K]

Re: The Global Trader

Why turn it off?

Power is very expensive in Peru.

But, having thought about it, maybe it's only 30 minutes, so I have 10 minutes a week left to make $45K!

 

[skinner36]

Re: The Global Trader

Guys,

I know this sounds like fun, but can you help a real novice out here. Has anyone heard anything about this company?

John

 

[julius]

Re: The Global Trader

In my opinion - if you are a real novice, then you don't yet have a critical eye required to evaluate any kind of education / advice. In which case it's better to stay away until you're able to recognise what it is your purchasing.

They could be great or they could be garbage but the point is you probably won't be able to tell - no disrespect of course.

 

[skinner36]

Re: The Global Trader

Good point. None taken.

John

 

[julius]

Re: The Global Trader

btw... it looks like a mechanical system + some kind of bonus for refering new members.

If you are interested in trading systems I would personally recommend Quantitative Trading Systems by Howard Bandy. He also posts on this forum.

 

[Sir Burr]

Re: The Global Trader

They don't have an ASIC license for a start.

Not sure if this means they have a licence but this company name is on their website: DATA8 AUSTRALIA PTY LIMITED

If you stick the same name (DATA8) into here nothing comes up, maybe it's in some other name as below but can't see it on their site.

Looking at their old website pages you see they did have a couple of licences:

1. DATA8 Australia Pty Ltd through ASR Software Corporation Pty Ltd Licensed Investment Advisors, ASIC License No: 208868

2. DATA8 Australia Pty Ltd through Compliance Software Pty Ltd and the licence number is 233029

Anyone make any sense of that?

Edit: I guess you could call them to find out if they have one