Australian (ASX) Stock Market Forum

$5000 a month - Formosa Auto Trade System

Is having a sticky where links to all the 'scam' threads are listed a good idea. It would serve a few purposes. People considering buying a product could go there to see what ASF has to say on it...and it would be very entertaining - I mean that B Stacy thread was better than anything on tv this year.

Great idea :D would also help make those more inclined to give the sprukers money, more aware of just how many new threads like this we get...and just how similar they all are.
 
The least these Scammers could do is wrap it up in a 'Glossy Bochure' :D

Where's the 'Bling for my buck'? :D

Looks like something you find under your windscreen wiper. No imagination:D
 
Is having a sticky where links to all the 'scam' threads are listed a good idea. It would serve a few purposes. People considering buying a product could go there to see what ASF has to say on it...and it would be very entertaining - I mean that B Stacy thread was better than anything on tv this year.
Excellent idea. The same sticky should include the thread "Professional Advisor Fees".

Joe, what do you think?
 
Thanks everyone for all the responses. I'm glad this is being publicised a bit. My worry with this is that the people being targeted are those who know nothing about Forex or where to start looking up info about it.
I'm sure that this builder - who according to the phone mentioned is a good talker - is a good salesman and this could lead to some people falling for this.

I also posted the original question on a couple of other boards but this one had by far the most response.
Thanks again.
 
Where is the evidence that their system makes the returns quoted?

When looking at anything in this game make sure there is evidence, evidence, evidence.

In addition, they talk about returns of 10-50% per month, but do not mention what risk there is to make those returns.

If something is too good to be true, chances are it probably is.
 
I know it sounds too good to be true but one of my friends has bought a package and was able to withdraw money above his original $10k bank amount after the first month. I am waiting to see what will happen after the 45 day guarantee period is finished which will be in a week or two. I have seen his daily reports and live trades and they seem realistic. Still have to say that it is too good.
 
I know it sounds too good to be true but one of my friends has bought a package and was able to withdraw money above his original $10k bank amount after the first month. I am waiting to see what will happen after the 45 day guarantee period is finished which will be in a week or two. I have seen his daily reports and live trades and they seem realistic. Still have to say that it is too good.

I don't believe you. Thank you for creating an account especially to spam us though.
 
I think his name is Steve.
My friend e-mailed him last night, to encourage him to post here instead of just e-mailing the info.
I could pos. post the e-mails here if he doesn't mind.

Vicki:)
 
I don't believe you. Thank you for creating an account especially to spam us though.
Dear Tulip - I have seen his laptop with live Trades -and it is as I said - I have no interest in the company except that I have been considering it - but as I said It sounds too good to be true and I have been bitten before so will continue to watch and would appreciate any and all feedback from other forum members!
 
Dear Tulip - I have seen his laptop with live Trades -and it is as I said - I have no interest in the company except that I have been considering it - but as I said It sounds too good to be true and I have been bitten before so will continue to watch and would appreciate any and all feedback from other forum members!

Jackpot,

You must appreciate that the majority of members on this forum will not entertain a statement or idea unless unequivocal evidence is presented to support it.


-Liar-
 
Dear Tulip - I have seen his laptop with live Trades -and it is as I said - I have no interest in the company except that I have been considering it - but as I said It sounds too good to be true and I have been bitten before so will continue to watch and would appreciate any and all feedback from other forum members!


note to self when spamming a thread: stop using the phrase "too good to be true" lol.
im just amazed you get a free laptop even when on page two it says all the trading is done on online servers so it doesnt matter if your computer is not connected to the internet.
sounds like another scalper bot like turbofap etc.
 
note to self when spamming a thread: stop using the phrase "too good to be true" lol.
im just amazed you get a free laptop even when on page two it says all the trading is done on online servers so it doesnt matter if your computer is not connected to the internet.
sounds like another scalper bot like turbofap etc.

I don't know what it uses, as there is no evidence but the Asian scalping systems are dead. The market has changed and they simply struggle nowdays.

As an illustration:

onix-1024x658.png
 
Jackpot,

You must appreciate that the majority of members on this forum will not entertain a statement or idea unless unequivocal evidence is presented to support it.


-Liar-

Sure I would agree with that - so I am watching my friend with interest for awhile to see if he can keep withdrawing money from his profits. If he can it would justify me looking further at it. He is usually very cautious so i was surprised when he told me that he had bought into this programme.
jackpot
 
If they can prove to you that it works like they say it does i would gladly handover the money. I bet they can't though.
I would love to prove to you that Formosa Auto Trade does what you have heard and more! I am their Product Manager. If you would like to contact me on #########, I would be only to happy to set up your computer screen. so it can see mine and I will show you a $5,000 trading account in action, a $10,000 account and a $25,000 account.
Yes, the guarantee and Signals, Fystems and Support paperwork which is posted here is our paperwork.
 
Dear Tulip - I have seen his laptop with live Trades -and it is as I said - I have no interest in the company except that I have been considering it - but as I said It sounds too good to be true and I have been bitten before so will continue to watch and would appreciate any and all feedback from other forum members!

I've googled a lot but can't find any internet info about the Formosa Auto Trade System for which I've been passed a flyer.

Package One talks of $1000 profit a month and the package costs $15980.
up to
Package Turbo talks of $5000 profit a month and costs $23100.

I've attached the two page document I've received.

Does anyone have any info about this as it's one of those things that seems to good to be true?

View attachment 40498View attachment 40499

Please allow me to help you, I am Product Manager for Formosa Auto Trade, if you would like to see our accounts, showing all the details from starting date to the present
I am only too happy to set up your computer screen so you can see every trade that has been done. You will see the difference between a $5000 tading account, a $10,000 and a $25,000 account, We do not have a website, as our product sells itself! Call me on ** phone number removed **.
 
each year ASF could do a 'Top 20 trading scams' with awards for the \
most blatant
most unbelievable
most ridiculous
most entertaining
most persistent
most convincing
and..?

we may have a nominee?
 
Hi Goldmine

Could you please give us an idea of your methodology and money management technique? Dont give away too much, just general descriptions will do

thanks
 
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