ESL Close of Market Trading Program

[georgebell]

I've been wanting to trade on the NYSE for a long time but obviously with the time difference to Australia this would involve a shift in my sleeping habits!! I know some major stocks such as ESL offer trading outside of market hours, but how does this work? Do you place limit orders to buy and sell, or would it be more of a managed fund type scenario?

 

[patty1691]

I am a very new investor and am considering purchasing this program for $9000+ which uses the end of day data together with historical data to identify underpriced securities. You then invest in some of these recommendations and sell when you have made 10%. Does anyone have any first hand experience of this program or ESL or any general advice about these programs?
thanks

I mad the move to ESL 2 1/2 mounts ago and it hasn't helped me at all as a first time investor not knowing a thing they said they would be there every step of the way, reassuring me that it was the only way to go. So I invested with them from that moment on wards that was it. A company that was to be by my side wasn't its now taken over a mount to get nothing back all money gone and a company that don't wish to help and never return phone calls. Get some one else to look after your money

 

[patty1691]

I have been approached numerous times by ESL and am also considering this program, a bit sceptical about their persistence when the program is limited to a certain number of people because it won't work if large numbers of people or trades are being made. I was hoping someone would have some first hand information of the program as I was told they have been around about 20 years.

They have only been hear since 2003 I invested with them and have not had any return at all in 2 1/2 mouths I have since canceled the program only to be left with nothing. ESL haven't been the greatest help to my start in the investment world as a first timer Ive been left with a bad taste in my mouth!! Don't use them unless you wish to see your money disappear

 

[TJAMS]

Hi we have just been bombarded with phone calls from ESL my husband is very keen to try it out but i'm very concerned as it is a lot of money to fork out. i would really appreciate a response from any who has experience with this company and their program good or bad that can help guide us with our decision Thank you :1zhelp:

 

[Paulee]

Hi we have just been bombarded with phone calls from ESL my husband is very keen to try it out but i'm very concerned as it is a lot of money to fork out. i would really appreciate a response from any who has experience with this company and their program good or bad that can help guide us with our decision Thank you :1zhelp:

I have had this program for around 3 years. I did a lot of paper trading using this software. Then started trading based on recomendations. I lost around $10 k paper trading. I was told to alter the parameters of the program to Blue chips only. Over the past 20 bluechip trades I have only broken even. I would have been better off just using a very basic charting software package. Remember if it sound to good to be true well ............!!

 

[Lezlogan]

Hi my first post here but I thought it needs to be mentioned. My 70 year old father wanted something to do . he got a call from esl and after forking out $9500 he got a cheap lap top , with a cd to load. This was 26/6 2012. Well being 70 he had no idea how to operate the software. 30 day money back guarantee wasnt honoured and , phone numbers are all disconnected, well websites dont even work and Mum and dad lost the fight with the banks to stop payments. this is my first post of this nature but I wanted to warn others. Any advice? Any one in Sydney can check the adress? Anyway hope others read this ...........

 

[col baker]

I am a very new investor and am considering purchasing this program for $9000+ which uses the end of day data together with historical data to identify underpriced securities. You then invest in some of these recommendations and sell when you have made 10%. Does anyone have any first hand experience of this program or ESL or any general advice about these programs?
thanks

I bought it about 17mths ago Paper traded for 2 mths will mostly losses. Then bought 1 stock which went up 5% ( 10% is the mark to sell ) so I hung on to them. Stock then dropped 12% of original purchase price overnight so I couldn't sell them at a 5% loss. The share I paid 19c for are now worth 2c.
As for the guarantee my 13 months were up 2 months ago. I have sent many e mails as well as phoning them for no result. I did receive a letter from their finance department about six weeks ago saying they were looking at my case. Nothing since.
I would NOT buy there software
Regards
Col

 

[jenteel]

I too have been scammed by so called ESL Financial services. A company who does not exist and who has taken off with my $9000. I have even sent registered mail to their address only to have it returned as they do not operate there. If anyone has any info on how we can go about chasing these people down to get our rightful refunds back i would be very interested to hear from you

 

[bullswool]

I too have been scammed by so called ESL Financial services. A company who does not exist and who has taken off with my $9000. I have even sent registered mail to their address only to have it returned as they do not operate there. If anyone has any info on how we can go about chasing these people down to get our rightful refunds back i would be very interested to hear from you

I was scammed by Eurosoft services pty ltd not sure if its the same company all seems a bit easy to take your money and no one will help they seem to get registered maybe should sue ASIC for registering them

 

[jenteel]

I bought it about 17mths ago Paper traded for 2 mths will mostly losses. Then bought 1 stock which went up 5% ( 10% is the mark to sell ) so I hung on to them. Stock then dropped 12% of original purchase price overnight so I couldn't sell them at a 5% loss. The share I paid 19c for are now worth 2c.
As for the guarantee my 13 months were up 2 months ago. I have sent many e mails as well as phoning them for no result. I did receive a letter from their finance department about six weeks ago saying they were looking at my case. Nothing since.
I would NOT buy there software
Regards
Col

I would be very interested to know how you got on to their finance company??!! Have you heard from them at all since? And is there any further phone nos,/ addresses?

 

[nettenick]

Don't give these fraudsters a cent. I have been scammed by this mob. When I first bought their program 2 years ago they were named ESL Financial Services. Cost me $5500 so far. With a 12 month guarantee to make $20,000 in first year or money back. Or pay another $4300 if successful after 12 months. They renewed my warranty after 10months because apparrrently I wasn"t using the program correctly. Utter rubbish. I haven't made any profits overall. Approx 6-8 months ago all email addresses and phone numbers are gone. I know of many people that have been scammed by this mob. These people are trying to recover their funds from these fraudsters. They also call themselves Quinox or something. The data provider Netway Solutions is equalling appalling. They have never answered any queries on their Send a question section with no phone contact. I'm just glad that I would only agree to half of ESL's fee until proof of success. Most of the companies that appear on the so called buy list are distressed and under capitalised companies. There is no fundamentals supplied with the data that is provided. You still have to work out whether the companies are worth investing in which is not the help that they promise. They even tried to sell me a second program before I had even started using the first program, of which I declined. Just please avoid this scam everybody so you don't get burn't like myself and many others.