Info Required On Australian Stock Investment Group

ratbag1 · 25 January 2012

pikaso said:
Hi Appro, I've just joined Aus Stock Forums and also want to find out about ASIGroup. I'd really like to hear from someone who has used their service to see if they are genuine and give good returns on your investment. have you had any luck anywhere else? Pikaso PS I had 2 of them ringing me constantly tryng to get me to join for $4,000 and they were really pushy which is exactly why i was so suss about them. But their trades for Sep Oct were really good trades making alot of money, so maybe theyre good??

Hi
I am ashamed to say I have used their 'service'. I was looking for an investment service and looked them up from a website link; unfortunately I was too much of a newbie to search fora like this.
I don't think they are a scam like the Nigerians; they are just a conduit for churning trade - I lost 3K in the first month, half of it in trading charges. I have followed their 'advice' since - thank goodness I wised up; accepted my loss and pulled the rest of my 10K out of the trading account.
The idea of pairs trading in a volatile market is IMHO crap anyway, as when one thing goes down or up, they all tend to. Plus their forex advice is spectacularly incorrect.
Even where they say they have withdrawn from a trade to take profit, it is still a loss to you as the profit does not cover the charges they incurred.

Stay Away is my advice - they have my money so they won't starve!

ratbag1 · 25 January 2012

pikaso said:
Hi Appro, I've just joined Aus Stock Forums and also want to find out about ASIGroup. I'd really like to hear from someone who has used their service to see if they are genuine and give good returns on your investment. have you had any luck anywhere else? Pikaso PS I had 2 of them ringing me constantly tryng to get me to join for $4,000 and they were really pushy which is exactly why i was so suss about them. But their trades for Sep Oct were really good trades making alot of money, so maybe theyre good??

Hi
I am ashamed to say I have used their 'service'. I was looking for an investment service and looked them up from a website link; unfortunately I was too much of a newbie to search fora like this.
I don't think they are a scam like the Nigerians; they are just a conduit for churning trade - I lost 3K in the first month, half of it in trading charges. I have followed their 'advice' since - thank goodness I wised up; accepted my loss and pulled the rest of my 10K out of the trading account.
The idea of pairs trading in a volatile market is IMHO crap anyway, as when one thing goes down or up, they all tend to. Plus their forex advice is spectacularly incorrect.
Even where they say they have withdrawn from a trade to take profit, it is still a loss to you as the profit does not cover the charges they incurred.

Stay Away is my advice - they have my money so they won't starve!

Uwes · 4 July 2012

ratbag1 said:
Hi
I am ashamed to say I have used their 'service'. I was looking for an investment service and looked them up from a website link; unfortunately I was too much of a newbie to search fora like this.
I don't think they are a scam like the Nigerians; they are just a conduit for churning trade - I lost 3K in the first month, half of it in trading charges. I have followed their 'advice' since - thank goodness I wised up; accepted my loss and pulled the rest of my 10K out of the trading account.
The idea of pairs trading in a volatile market is IMHO crap anyway, as when one thing goes down or up, they all tend to. Plus their forex advice is spectacularly incorrect.
Even where they say they have withdrawn from a trade to take profit, it is still a loss to you as the profit does not cover the charges they incurred.

Stay Away is my advice - they have my money so they won't starve!

Sorry to hear that but if its any consolation your experience will help others. Hope you do OK on your own.

Info Required On Australian Stock Investment Group

ratbag1

ratbag1

Uwes

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