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I think the moderators of this forum would welcome the oppertunity for you to post your trades here, for all to see, & discuss.
A good oppertunity to show a lot of people what your system can do.
Vicki
$5000 a month - Formosa Auto Trade System
- Thread starter gdavies2
- Start date
I think the moderators of this forum would welcome the oppertunity for you to post your trades here, for all to see, & discuss.
A good oppertunity to show a lot of people what your system can do.
Vicki
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Did Jesus give away his secrets of how to walk on water? No. Cmon guys leave him alone and just trust that the software will earn you thousands a month while doing nothing.
Believe.
Plus what's the worst that could happen? You loose all you capital and pay a couple of grand for a 400 dollar laptop.
Im gonna buy the top package three times
Believe.
Plus what's the worst that could happen? You loose all you capital and pay a couple of grand for a 400 dollar laptop.
Im gonna buy the top package three times
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HAHAHAHAHAHAHAHAHA
can i have permission to swear Joe?
can i have permission to swear Joe?
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Just a reminder to vendors and company representatives what their rights and obligations are when participating in threads about their product or service here at ASF.
1) You are entitled to correct any misinformation or challenge any statement made about your product or service. You are also entitled to respond to any questions.
2) You are not entitled to directly promote your product or service (i.e. no sales pitches!)
3) You cannot make any claims about performance without being first prepared to forward supporting evidence to ASF by mail. Any evidence forwarded to us must be certified by a Justice of the Peace or equivalent.
4) Participation in a thread about their product or service by a vendor or company representative means that they have an obligation to make an attempt to respond to every legitimate question posed to them by ASF members.
...and no swearing Nun!
1) You are entitled to correct any misinformation or challenge any statement made about your product or service. You are also entitled to respond to any questions.
2) You are not entitled to directly promote your product or service (i.e. no sales pitches!)
3) You cannot make any claims about performance without being first prepared to forward supporting evidence to ASF by mail. Any evidence forwarded to us must be certified by a Justice of the Peace or equivalent.
4) Participation in a thread about their product or service by a vendor or company representative means that they have an obligation to make an attempt to respond to every legitimate question posed to them by ASF members.
...and no swearing Nun!
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This thread has turned into a spam magnet and I have decided to close it permanently.
After some research I have become concerned that this thread and another started at another forum with a virtually identical first post, may be an attempt to raise the profile of and get some free advertising for a product which apparently has no website to promote it.
It also appears that an individual directly associated with the product may be posing as a satisfied customer in the thread started on the other forum, a tactic that we see regularly here at ASF and one I find particularly unethical and dishonest.
The phone numbers posted by a company representative have been removed from all posts in this thread where they appear.
After some research I have become concerned that this thread and another started at another forum with a virtually identical first post, may be an attempt to raise the profile of and get some free advertising for a product which apparently has no website to promote it.
It also appears that an individual directly associated with the product may be posing as a satisfied customer in the thread started on the other forum, a tactic that we see regularly here at ASF and one I find particularly unethical and dishonest.
The phone numbers posted by a company representative have been removed from all posts in this thread where they appear.
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Please be aware that this Formosa autotrade system has caused a number of people to lose all of their capital. If you are contemplating a purchase ask a couple of questions -
1) Have any members/purchasers lost all their trading capital?(They have!)
2) Does their money back guarantee cover the trading bank as well as the fee? (It doesn't!)
3) How does the system cope with large movements caused by Banks and / or Governments dumping currencies - it doesn't!!!
4) What forex expertise do the distributors have - they appear to have none!
5) If you are offered the chance to look at trading accounts make sure you check out every loss from beginning of feb 2011 till now and you won't be impressed!
The system does APPEAR to work well for awhile but thennnnn!!!
Buyer Beware
jackpot666
After some research I have become concerned that this thread and another started at another forum with a virtually identical first post, may be an attempt to raise the profile of and get some free advertising for a product which apparently has no website to promote it.
It also appears that an individual directly associated with the product may be posing as a satisfied customer in the thread started on the other forum, a tactic that we see regularly here at ASF and one I find particularly unethical and dishonest.
The phone numbers posted by a company representative have been removed from all posts in this thread where they appear.[/QUOTE]
1) Have any members/purchasers lost all their trading capital?(They have!)
2) Does their money back guarantee cover the trading bank as well as the fee? (It doesn't!)
3) How does the system cope with large movements caused by Banks and / or Governments dumping currencies - it doesn't!!!
4) What forex expertise do the distributors have - they appear to have none!
5) If you are offered the chance to look at trading accounts make sure you check out every loss from beginning of feb 2011 till now and you won't be impressed!
The system does APPEAR to work well for awhile but thennnnn!!!
Buyer Beware
jackpot666
After some research I have become concerned that this thread and another started at another forum with a virtually identical first post, may be an attempt to raise the profile of and get some free advertising for a product which apparently has no website to promote it.
It also appears that an individual directly associated with the product may be posing as a satisfied customer in the thread started on the other forum, a tactic that we see regularly here at ASF and one I find particularly unethical and dishonest.
The phone numbers posted by a company representative have been removed from all posts in this thread where they appear.[/QUOTE]
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Hi All,
This is my first post, so please go easy on me !
In terms of this particular offer, I know nothing about it but I must agree with other posts that question the amount of research that potential clients perform into trading related products and services. The list of questions above is very sensible but failing that, the one SINGLE question that I would ask in such a position would be 'What experience does the vendor have in the trading industry ?'. The vast majority of such vendors are 'self-taught' and although this avenue may have provided a good education for some who are selling products and services, this is in the vast minority.
I would always ONLY consider products and or services offered by vendors who have actually worked for a number of years in the industry (eg for investment banks, funds etc.).
Also, FWIW, vendors with this experience always mention it, so it wouldn't be that hard to determine if this is the case or not...
Just my 2 cents...
This is my first post, so please go easy on me !
In terms of this particular offer, I know nothing about it but I must agree with other posts that question the amount of research that potential clients perform into trading related products and services. The list of questions above is very sensible but failing that, the one SINGLE question that I would ask in such a position would be 'What experience does the vendor have in the trading industry ?'. The vast majority of such vendors are 'self-taught' and although this avenue may have provided a good education for some who are selling products and services, this is in the vast minority.
I would always ONLY consider products and or services offered by vendors who have actually worked for a number of years in the industry (eg for investment banks, funds etc.).
Also, FWIW, vendors with this experience always mention it, so it wouldn't be that hard to determine if this is the case or not...
Just my 2 cents...
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Wow that page was so longgg, and the testimonials so wierd! At least it was a bargain though I hope he emails me soon...$197...bargain
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Forex Fools and Liars
Why Everyone In This Business (Including Me)
By Jason Fielder
PDF
http://fpa.s3.amazonaws.com/forexfoolsandliarsreport/ForexFoolsAndLiars.pdf
Hubert Senters from Trade the Markets does a quick web cast (4 minutes long). Interesting and l recommend a quick viewing (link below).
http://www.tradethemarkets.com/public/Is-the-Retail-Forex-Markets-Rigged.cfm
Why Everyone In This Business (Including Me)
By Jason Fielder
http://fpa.s3.amazonaws.com/forexfoolsandliarsreport/ForexFoolsAndLiars.pdf
Hubert Senters from Trade the Markets does a quick web cast (4 minutes long). Interesting and l recommend a quick viewing (link below).
http://www.tradethemarkets.com/public/Is-the-Retail-Forex-Markets-Rigged.cfm
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Re: $5000 a month - Formosa Auto Trade System - Paycheck Autotrade system
Hi All please be aware that the Formosa auto trade system is now called paycheck auto trade. I have to admit I bought a system and lost MORE than my bank!!! So I am very dirty about that.
Others have lost all their money too so anyone contemplating buying in should consider this - the system does work as it should MOST of the time but it can not handle big fluctuations - i have proof.
Also one thing the distributors will not tell you when they say you have a money back guarantee is that the guarantee only covers you for the purchase fee not your bank. So if you decide to pull out within the guarantee period you may get your fee back but your Axitrader account could be in major drawdown which you will lose if they stop your programme trading. I believe the guarantee is not 45 days anymore either.
I challenge any of the formosa/paycheck distributors or directors to challenge what I have just said please?
Hi All please be aware that the Formosa auto trade system is now called paycheck auto trade. I have to admit I bought a system and lost MORE than my bank!!! So I am very dirty about that.
Others have lost all their money too so anyone contemplating buying in should consider this - the system does work as it should MOST of the time but it can not handle big fluctuations - i have proof.
Also one thing the distributors will not tell you when they say you have a money back guarantee is that the guarantee only covers you for the purchase fee not your bank. So if you decide to pull out within the guarantee period you may get your fee back but your Axitrader account could be in major drawdown which you will lose if they stop your programme trading. I believe the guarantee is not 45 days anymore either.
I challenge any of the formosa/paycheck distributors or directors to challenge what I have just said please?
Re: $5000 a month - Formosa Auto Trade System - Paycheck Autotrade system
These guys are moving targets. They change their business names faster than I change my underwear.
Can you tell us who the Directors were and where they operate from?
These guys are moving targets. They change their business names faster than I change my underwear.
Can you tell us who the Directors were and where they operate from?
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Re: $5000 a month - Formosa Auto Trade System - Paycheck Autotrade system
Hi - sorry to take so long to reply. The directors are John Wyke and Philip Burton - they have moved offices and I am not sure of their new address but will track them down. The company trades as signal systems and support pty ltd. ACN 111711472
cheers
Hi - sorry to take so long to reply. The directors are John Wyke and Philip Burton - they have moved offices and I am not sure of their new address but will track them down. The company trades as signal systems and support pty ltd. ACN 111711472
cheers
Re: $5000 a month - Formosa Auto Trade System - Paycheck Autotrade system
Some photos of John Wyke and Philip Burton would be nice.
They sound like real nice types. Some others probably would really like to know what they look like.
Some photos of John Wyke and Philip Burton would be nice.
They sound like real nice types. Some others probably would really like to know what they look like.
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haha, there's so many dodgy companies out there these days. hard to tell the **** from the bull**** :
i had a friend actually work inside one of these 'top name' mobs and they charge $X for a robot/signal, not one of them in the building (over 20 employees including director/floor manager) were traders. They were all sales reps.
Save your money and head to http://www.babypips.com they have a school for free. Never fork your hard earned cash to these dickheads
:i had a friend actually work inside one of these 'top name' mobs and they charge $X for a robot/signal, not one of them in the building (over 20 employees including director/floor manager) were traders. They were all sales reps.
Save your money and head to http://www.babypips.com they have a school for free. Never fork your hard earned cash to these dickheads
