Bill Stacy?

[Buster]

G'Day Bill,

Cutz, what's your problem? Do you have a problem with someone defending themselves too?

Sounds like this forum has a lot of members who are really against successful trading. Bizarre.

To be honest mate, I think you're flogging a dead horse.. personally I'd give it up as it only seems to be adding fuel to the fire..

I have absolutely no idea who you are, nor you me, however I expect that you are all that you claim to be, it's just that the way it has panned out in this thread, what with all the first time posters and all, it looks like a ramp for your business. Unfortunately these forums get hit with this sort of stuff quite regularly and I think some of the old hands like to protect the newbies (as they should) from ramping/advertising/spam.

I don't think anybody has gone so far as to call you a crook or scammer Bill, and nor would I expect them to, this forum is probably the best (that I am a member of anyway) there is in this regard. Also there are many, many successful traders that are members of the forum, and their posts are generally revered by stock market newbies like myself, so little evidence of 'tall poppy' syndrome here either.

Absolutely, as you point out, you have the right of response and without doubt should clarify any misconceptions that may be raised. I'd tip that nobody has any drama's with that either.. It's just that it probably could have been handled a little better.

Anyway over to you blue leader, and good luck.

Regards,

Buster

 

[Glen48]

Learning how to place trades is one problem knowing which one to go long or short is the secret to trading...I don't know if Bill shows what to look out for or not..he has contacted myself and I can only say he has given me good info so far...

 

[OneDayWealth]

Thanks Buster.

Refreshing to hear the voice of reason cutting through.

I really do try to help new traders and Glen, yep, I do use a very simple of break out to the new high and the new low with confirmation with a higher trough or lower peak (respectively) as a signal. Very simple stuff.

I really want to help people make money. It's a matter of pride with me. That's why I'm so available to all my peeps. I want to smash the myth that the stock market is a place to lose your money.

I'm happy for someone who considers themselves the voice of this forum to contact me directly at the phone numbers listed previously for a private chat and explanation of my methods and a tour of my strategy and the site. I've always got time for curious new investors and inquisitive experienced traders alike.

If you think I have gained free publicity I am willing to make a chunky donation to your favourite charity to compensate. Let's see if some good can come from this warm debate.

 

[mazzatelli1000]

My method aims to show people how to create a $2,000 - $5,000 per week profit/income/whatever you want to call it using a relatively small $20,000 bank. Every single claim I make about my income and actual trades is real, true and can be verified. I work under an AFSL, I have PS146 certification and if I made any unsubstantiated claims I would be in real trouble. I take this very seriously.

Lol, you are indeed a gun trader if you can do this.
Let me get this right:

You can make $8k minimum in a month using $20k (using regular T margin, as $20k would not qualify you for other margin accounts esp. Oz options) - that is a 40% return per month

This means your students can achieve returns akin to Professional Prop firm traders utilising risk based margin accounts!!

Where do I sign?? :

 

[kam75]

selling education is a great business.

Glad you're being honest with us. But I have yet to find an honest wealth creation spruiker. Therefore, anyone, before you pay thousands of dollars to a salesman for his 'education', your question to them should be

''how much will I make back in a year, 5 years, 10 years by following your course''. - If they can't answer, walk away.

Then ask them to give you an underwritten, legal guarantee. - If they won't, walk away.

That's how I've dealt with spruikers before and it worked.
regards

 

[TraderPaul]

Hi folks,

..... something smells like spam, in this thread ..... too many first-time
posters coming out of the woodwork to support this spruiker ... !~!

Happy Easter.

paul



=====

 

[OneDayWealth]

Lol, you are indeed a gun trader if you can do this.
Let me get this right:

You can make $8k minimum in a month using $20k (using regular T margin, as $20k would not qualify you for other margin accounts esp. Oz options) - that is a 40% return per month

This means your students can achieve returns akin to Professional Prop firm traders utilising risk based margin accounts!!


Where do I sign??

I know, sounds insane but it's true. Not only that but my recent results (this year) indicate that much higher returns are possible. I consider myself a pretty agricultural trader at best.

I've said this often...

I get on too late
I get off too early
I pay too much and
I sell too cheap.

If you can do better than me (e.g. you're a really good chartist) you will do MUCH better than me. The power of options still astounds me. I actually believe that a good technical trader can return 40%+ per week - not per month but I'm forced to be sensible in my marketing due to my AFSL licensee so all I claim is that you should be bale to make $2,000-$4,000 per $20k and believe me from what I have seen over the last five years that is very conservative.

Glad you're being honest with us. But I have yet to find an honest wealth creation spruiker. Therefore, anyone, before you pay thousands of dollars to a salesman for his 'education', your question to them should be

''how much will I make back in a year, 5 years, 10 years by following your course''. - If they can't answer, walk away.

Then ask them to give you an underwritten, legal guarantee. - If they won't, walk away.

That's how I've dealt with spruikers before and it worked.
regards

I'm glad you can appreciate my honesty Cam. I'm not a salesman. I'm a trader sharing what I do. For that I charge a fee equal to a conservative 1 month of returns based on a **** month (to be frank). A true "salesman could sell something they didn't believe in - I never could.

As to how much you will make back in 5 years or 10 years...lol...I have absolutely no idea. I can't control you actions or what risks you will take any more than a driving instructor can guarantee that you will never have a crash after he has taught you to drive.

If you want a guarantee I suggest you buy a toaster. I make no guarantees other than I guarantee to share everything I know with you. Here's how guarantees work with trading educators (and I've been behind the scenes of some pretty big names in the industry). What they do is they pack so much crap and useless information into their courses so that no reasonable human would ever be able to master it all. They do this for two main reasons.

1) So that you feel dumb because you don't know it all - so dumb that you will never ask for a refund because you'll feel that within yourself you have not mastered all the dozens of different strategies that have piled onto you so you won't feel "right" in asking for a refund.

2) Their Lawyers have insisted that they put enough information into their courses so that no one will ever sue them due to lack of content causing actual loss.

I am the exact opposite. I don't offer any refunds at all so I don't have that fear. My job is not to protect myself but to deliver a result to you. I am of the opinion that the best and biggest result will come from keeping things as simple as possible so that you can get the best results as fast as possible. I explain that trading is risky at the best of times due to the two main types of risks.

General market risk and Specific Market Risk.

General market risk is when you have done everything right and have done all your research and made a good trading decision and everything is lined up for a profit...and someone flies a plan into a building and the market tanks (presuming you weren't in Puts at the time) and you lose money.

Specific Market Risk is when you make the wrong specific choice of trade and lose money.

There are other types of risk as well. Namely, educational risk which is when you are trying to trade without knowing what you are doing or being aware of all the reasonable risks. Attitude risk where you don't really care what happens and you treat trading like gambling on black or red. There is fear risk where you are so scared of the market have such little faith in your trading method that you cut your profits short and let your losses run and so soon blow up your account. There is sizing risk where you get the trade right but you under-power your trade sapping it of the ability to produce for you or forcing you to wait far too long (much longer than is reasonable to expect) for your trade to return unrealistic and uncommon profits. For example you place a tiny amount on a trade and need it to profit 200% before you make enough money to make the exercise worth while as opposed to sizing it according to the average return.

What I mean by this is that while I was creating and researching what an average option was moving on the average day I found there where very few 100% returns on options daily (about 2 or 3 per year from my experience). Not many 50% returns (maybe 1 or 2 per month - if you're lucky enough to catch them). A few more 20-25% trades (maybe 1 a week or fortnight) but what I saw almost every day was a 5-10% move in most at or in the money options (I prefer to trade in the money).

Once I had established that I then needed to decide how much power I was going to give each trade. Obviously 1 or 2k wasn't enough. I tried placing trades all the way from 5k to 10, 20, 50 even 100k and found that the best "stealthiest" size to make use of the average rise in value was around 20k.

This was both affordable and useful. How many times have you seen an option move from $1.00 to $1.10? or 50c-55c, or 80c-88c, or $2.00-$2.20 or $3.00-$3.30? All the time right? Well with $20k on a trade you can easily buy and sell and make $1,000 - $2,000 per successful trade. If you can grab 3 or 4 of those that's $6,000-$7,000 a week. Minus a few losses and you have the makings of a simple strategy that can deliver $2,000-$5,000 a week (easily!).

I then compound those returns and soon I'm trading with a $30,000-$40,000 bank. As soon as you reach $40,000 you can bank $20,000 and start trading with profit only in what I call the "Risk Free Zone".

Now this might sound like a lot of money to you but how many people do you know who pay $20,000 for a ****ty Commodore, or even worse a Subaru! How much money does that make them? Will that car return them a wage? Obviously not. So you see that even though $20,000 might seem like a lot of money to some people it's not really and it's a hell cheap cost for your freedom.

I keep things simple by trading less than half a dozen stocks and I only chose one at a time and use really simple (basically new high and new low with confirmation) breakout patterns for entry and simple exit candles (on the wrong side of a tried and tested simple moving average) for an exit signal and I have a surprisingly simple and yet really effective trading "method" that not only works well but works astonishingly well. No more overnight trades, all the money in the bank every night and really simple to learn.

I don't need to offer guarantees because my method works and can be understood by even the most simpleton of brand new traders. Coupled with a simple spreadsheet that I developed to tell you exactly how much profit (or loss) you have made at every half cent increment in option value and a simple layout regime for my charts and presto...mucho free-o Australianas.

You see, I don't mind if you want to label me as a Spruiker. The fact is that all I am doing is sharing what I know with anyone who wants to know it. I don;t care if you buy my stuff or not because I have plenty of people who do and all those ordinary people want is freedom from their job and the **** feeling they have when they have to keep going back there morning after morning for a miserable wage. I am offering them hope and they are snatching it up in droves and every single person who has bought in and seen the way I present my method and show exactly step by step how to do it has had nothing but praise which means I must be doing something right. Right?

Listen, I'm just a ex welder **** kicker high school drop out with some IT skills and I'm using them to share my knowledge with others. I've been in the wealth game long enough to know that the people you describe exist and I wish they didn't. Some charge access to the seminar supermarkets where all they do is present the hint of a strategy and then ask you to keep buying and buying and buying the more and more and more advanced courses until you just get sick of them and quit.

I on the other hand decided to be different and offer everything you will ever need to know straight off the bat and I can tell you I am copping my fair share of grief from the industry for doing so. I have been shunned by nearly ever corner of the "wealth industry" for showing way too much up front. I don't care. All I care is that you succeed using my method and are happy enough to come and hang out with me at the after party. I don't want enemies or people complaining or any of that bad ****. I just want to finally give us what we've always wanted. A strategy that is easy to follow, works and actually makes heaps of profit and I'm confident that's exactly what I deliver.

Like I said, I know what you mean but I'm different. Way different! In fact I'm going to go as far as to presume that I am still one of us. A real trader ( I trade almost every day using the exact same technique that I share with all my clients) teaching traders to trade in a way that actually (surprise surprise) works!

 

[OneDayWealth]

Paul, grow a brain.

 

[OneDayWealth]

P.S. Sorry Mazz, I don't even know what T Margin is. I just use real cash to make more real cash.

 

[mazzatelli1000]

P.S. Sorry Mazz, I don't even know what T Margin is. I just use real cash to make more real cash.

LOL
Then you education is lacking if you don't know what margin is
Ironic since it can help to enhance returns, the same reason you advocate the use of options

Since you to share, how do you deal with slippage which can be fckn ridiculous for Oz options???

 

[OneDayWealth]

lol right back @ ya.

Margin isn't relevant when you buy and sell options. I don't concern myself with things that are totally irrelevant to what I do.

 

[mazzatelli1000]

lol right back @ ya.

Margin isn't relevant when you buy and sell options. I don't concern myself with things that are totally irrelevant to what I do.

LOL
Risk based margin possibly allows less margin required for long options!!!
So instead of putting the full amount up for a LONG (yes long option) you can put up less depending on the risk factors

It is very relevant
Well you have learnt something new

Remember to give me a cut of profits when you introduce it in your course

 

[tech/a]

At $5000 a pop why wouldn't you.
I'll bet he gets more than 10/mth!
Brilliant/Readers Digest should take notes!
Rudd should make it part of the Stimulus package
and First home buyers should invest $5k
---First after all in 10 mths you'll own the place!

Finally this maybe of interest.
See ASIC notice on all replies.

(4) It is not permitted for any member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor.

 

[jackson8]

Geez, Gary,

There is some serious cringe material posted here, best to ignore this type of rubbish and hope this thread slips away into the night.

after the write up above i have to agree with you .
you know what they say even bad attention is still attention.
the more we reply gives them more opportunity to spruik

 

[OneDayWealth]

You know what?

I'm done with you guys. What a bunch of losers. I'm trying to help people here and all you can do is critisize and complain like a bunch of bitter old women. You wouldn't know a genuine opportunity if it came and smashed you in the face!

 

[doctorponi]

Jackson8,

If you are so critical of Bill and his products then show us what you have got.

We are all searching for financial freedom and I am sure this includes you.

Let us be the critics of your website, your forum, your educational and your financial products. If you have nothing then I suggest you bow your head low, put your tail between your legs and say no more.

I admire those who have courage to work and act - not those who just make noises.

By the way if you go and visit OneDayWealth forums, you will not see this mud slinging nonsense. I suspect all the people there got there because they have the right mindsets and attitudes - something the founder insist on with his students.

Poni

 

[Timmy]

Well, I seem to have missed all of this today … the thread seems to have run its course.

Couple of things.

This is a thread that gives the ASF policy on forum spam. If asking questions about a product/service or providing a response to a question/questions, please read this thread.

Bill, please note the policy on promoting your product/service on ASF – generally speaking a link to your website in your signature is all that is OK. Your listing of your website link and phone numbers is not OK, but I will leave them there (unless Joe decides otherwise).

Also, Bill, please note what tech/a has said:

(4) It is not permitted for any member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor.

This is an ASIC policy, and what they rule on must be adhered too - more on this can be found on this thread.

Bill, you would not believe the amount of queries we get here on ASF from one-time posters seemingly innocently enquiring about a product or service - queries which are then answered by a barrage of other first-time posters saying what a great product/service it is. I, for one, have little patience with such crap and am happy to delete first and ask questions later. Now, I am not saying that this is necessarily what has happened here, and like I said, the thread seems to have run its course. But our members are generally a pretty good indication on what is acceptable to them and what is not.

As a piece of free advice, and FWIW to you, your reception on ASF will be warmer if you contribute to the forum with some posts/threads discussing some trades (winners and losers - no one is perfect), what triggered the entry, the exit etc. There is the occasional person providing a good/service on ASF who does contribute positively in such a manner, and of course such contributions are valued more highly than simply those setting forth the case for some good/service.

 

[jackson8]

Jackson8,



By the way if you go and visit OneDayWealth forums, you will not see this mud slinging nonsense. I suspect all the people there got there because they have the right mindsets and attitudes - something the founder insist on with his students.

Poni

hi pony
yes i have visited the website and i can see why you need to charge so much just too cover the expenses of running it . i have seen far better informative sites with more integrity and much more education just doing free web searches.

the links at the bottom for trade examples are no proof of success my six year old could create such proof with my trading platform and microsoft paint application

as for the testimonials well lets face it , anyone could write those and their is no confirmation that those people even exist.

the link to earnings disclaimer well what happened to that one , just links to more spruiking for a traders paradise add.

have you read the affiliation page explains why you are all spruiking along , but i would be asking for more than ten % to pay for the loss of your own integrity

should i go on?

 

[cutz]

Yeah,

I checked the site for a laugh, first example 6-2-09 buy 30 CBA FEB calls @ $1.10, sell @ $1.22, same day, so what the point of trading the options, why don’t you trade the friggin shares, $409 in commish and fees what a joke, you need to have crystal balls to carry out that sort of trade.

BTW, people criticizing are not trying to prove anything, just ringing the warning bells for a sucker that may be tempted.

EDIT>>Who even knows if they are real trades, if you're going to give results how about some real proof.

 

[OneDayWealth]

Mod you can delete all links and can delete all my posts or even this whole stupid thread.

Jaxon, cutz and all your other gutless lurkers you are defaming me and calling me a liar and I take offence at your accusations. Every single word on my website is true. All trades are real and can be proven. You are small and useless people who will never amount to anything.