Elite Traders

[rcctradings]

Fair enough Ruby,
I got the message. I'll move on.
Thanks again folks for your help.
Rigo

 

[skc]

Why the hell does anyone now days need a full service broker

I think he's looking for someone who can hold his hand and recommend trades for him.

The old days of "My stockbroker made me heaps of money" are probably long gone - if they ever existed, it was certainly by exception rather than norm.

 

[rcctradings]

I think he's looking for someone who can hold his hand and recommend trades for him.

Thanks SKC,
That's exactly what I meant. Might sound like the easy way out for some people, but if such a service is provided by genuinely concerned advisors, some people like myself might be prepared to pay for it as a step to help towards self support.
I do believe in the concept "you gotta spend some to make some money". Note I'm not saying give it to the sharks!
Rigo.

 

[Trembling Hand]

Well there are two that I know of in that case.

Nick Radge

Scott Morrison from Aliom

 

[rcctradings]

Thanks Trembling Hand,
I'll be checking those up.
Rigo

 

[sinner]

These guys seem interesting

http://www.strategiccapitalmanagement.co.nz/

Radge appears to give some endorsement to them, and interestingly it seems the dude in charge used to be one of Larry Williams (1987 WFTC champion) proteges?

You can run the trades yourself or pay them a nominal per trade fee to manage your account.

 

[CanOz]

These guys seem interesting

http://www.strategiccapitalmanagement.co.nz/

Radge appears to give some endorsement to them, and interestingly it seems the dude in charge used to be one of Larry Williams (1987 WFTC champion) proteges?

You can run the trades yourself or pay them a nominal per trade fee to manage your account.

Pretty sure one of the principles posts on Nicks system development forum. He is a system trader from way back, i was surprised to see he had a site actually, not many in Asia doing this sort of thing.

CanOz

 

[karberg]

Joined their options trading arm a bit over 2 years ago - dont feel I got my moneys worth - the recommendations have dried up - spent more on brokerage than I made on premiums - didnt like a lot of the trades - their trading picks didnt fit with my previous trading education/experience. They get the thumbs down from me on anything they might have to offer

 

[Helen22]

Hi all, I was interested in Elite recently and was getting lots of phone call from them. When I told them that it was impossible to know how good and trustworthy they really were and would they sign me up on a monthly fee or a system where I pay them from my profitable trades, they told me pretty quickly to get lost and I've had no more phone calls. So it tells me that they have little faith in their systems and may also be why they've moved away from the monthly subscription service...

 

[Ruby]

Just a heads up.......... Stephen Jennings, who used to be Andrew Baxter's sidekick, seems to have parted company with Elite Traders and is now running his own show "Jennings Capital Pty Ltd".

He's probably still churning accounts, probably still peddling the same old ............. er, 'systems' that, well, frankly you could pick up in any book (moving average crossovers.......yawn).......... be aware!!

 

[rcctradings]

Re: Elite Traders = Australian Investment Education

Hi folks,
The new name is now Australian Investment Education ==> AIE
Why do they change names?
I think they used to be Ultimate Traders as well?

 

[Porper]

Re: Elite Traders = Australian Investment Education

Hi folks,
The new name is now Australian Investment Education ==> AIE
Why do they change names?
I think they used to be Ultimate Traders as well?

Many of these companies change names because word gets around...there are only so many newbies to draw in to their so called "systems".

Stick to the ones that have been around for years and provide full disclosure...every year and you wont go far wrong. In my opinion of course.

 

[Kingbob3]

Lucky I found this!!!!!
I had to sign up to this forum as I had that sigh of relief. I even had my internet banking open to transfer the funds.

The platform and company is now called My Trading Advisor, I googled the hell out of it and found nothing negative, it wasn't until the account I had to pay into was called Australian investment education so I googled that and found this! I received automated emails from Andrew Baxter and was speaking with a guy called Jackson Dean.

The cost of the app is 4 grand for a "lifetime" I told them I wasn't paying that much for something I hadn't seen work yet and got offered a one year subscription for 1400.

For this they would manage the account through Halifax.

On another note entirely I'm an Australian citizen, moved overseas for work and now have to manage some sort of investment so I have something to retire on as I won't be making super contributions. Anyone got some books they recommend, or an entry level advice they can give me? I'm still only 30 so don't need anything to aggressive or risky.

Bob

 

[Sue56]

Elite Trading - does anyone have trouble getting answers when recommended stocks fail

In 2011 I joined Elite and took all their trades - 5 all lost money.
Last year my husband bought the training which seemed not too bad but when he took the suggested trades they all lost money.
He was told he needed to put more into every trade to reduce losses. That doesn't change the fact that they were all losers. He was testing the system before putting in more money - the system failed. So were we both unlucky?
No one from Elite wanted to talk to me back in 2011 and no-one wants to explain why the trades recommended to my husband failed.
Very very disappointed with this company.

 

[freebird54]

They are doing free seminars all around the country again this year - why not go along and get your questions answered?

July august and september

 

[freebird54]

Lucky I found this!!!!!
I had to sign up to this forum as I had that sigh of relief. I even had my internet banking open to transfer the funds.

The platform and company is now called My Trading Advisor, I googled the hell out of it and found nothing negative, it wasn't until the account I had to pay into was called Australian investment education so I googled that and found this! I received automated emails from Andrew Baxter and was speaking with a guy called Jackson Dean.

The cost of the app is 4 grand for a "lifetime" I told them I wasn't paying that much for something I hadn't seen work yet and got offered a one year subscription for 1400.

For this they would manage the account through Halifax.

On another note entirely I'm an Australian citizen, moved overseas for work and now have to manage some sort of investment so I have something to retire on as I won't be making super contributions. Anyone got some books they recommend, or an entry level advice they can give me? I'm still only 30 so don't need anything to aggressive or risky.

Bob

They are doing free seminars all around the country again this year - why not go along and get your questions answered?

July august and september