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Thanks for your tips, and yes to all of the steps listed above, I had spread sheets with all the relevant details in them, Then an Affiliate of this company came to my home (at my request) to help me set up the Interactive Brokers Platform simulator, she took it upon herself to wipe the Spread Sheets clean, she said all the info was a distraction for me!! I have an I.T. Boffin working on restoring that info for me now. I will need those S/Sheets for the refund process! I am amazed how many people have bought this program and just walked away from it, they are not even bothering to attempt the refund process... Who can afford to walk away from $7,000 approx??? The aforementioned affiliate now says she can no longer look anyone in the eye and sell this program with any faith! She's not even bothering to ask for a refund.. WHY WHY WHY??
Thanks everyone for your support with this, will keep you posted about the outcome, I now have several other people who wish to join me in our request for refunds!! Wish us Luck!!!


What a mess . She made a discretionary decision to erase your records and provide no back up because she believed these were a hinderance to your trading , gees you have gotta watch these people , I hope your friend can salvage the records otherwise you will have to go through the simulation process again and make a secondary record . It would be difficult to obtain a refund based on an assertion that she erased your spreadsheets as these are a key factor in the refund process . at least if you can have detailed line of proof such as Investa where he details the aquired losses over a period of time this would present a better chjance of recieving a refund because it can be legitimately proven over course of trades that the indicated system performance is out of line with actual mkt results , you have to follow the system to the letter and prove this otherwise the bastards will take everything .
 
gazelle said:
at least if you can have detailed line of proof such as Investa where he details the aquired losses over a period of time this would present a better chjance of recieving a refund because it can be legitimately proven over course of trades that the indicated system performance is out of line with actual mkt results , you have to follow the system to the letter and prove this otherwise the bastards will take everything .
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As an interested by-stander, why is it up to the company to decide what type of proof they require to establish the product isn't meeting the expectations set by their sales/marketing people?

Wouldn't somebody else's results using the 'system' suffice as evidence of it not working as described? Why is it relevent who is behind the screen?
 
doctorj said:
As an interested by-stander, why is it up to the company to decide what type of proof they require to establish the product isn't meeting the expectations set by their sales/marketing people?

Wouldn't somebody else's results using the 'system' suffice as evidence of it not working as described? Why is it relevent who is behind the screen?
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Hi All,

My I.T boffin has retreived the spread sheets for me, yahoo!!:) They were not wiped forever!:p: Got some more feedback today that there are several other annoyed buyers who are now watching this site closely for some results, would be more beneficial for all concerned, if they joined us in stopping these rip-off merchants!! Keeping quiet won't solve anything!! Keep the tips coming!

M.W.
 
Tip

Move on.
Go learn how to trade.
Move on you were duped.

With emotion like that shown here you haven't got the temperament to trade.
$7k is a decent trade.

You cant even organise yourselves to bring on a decient class action.
What hope have you got in the big bad world of trading.

Harsh??---reality always is.
 
tech/a said:
Tip

Move on.
Go learn how to trade.
Move on you were duped.

With emotion like that shown here you haven't got the temperament to trade.
$7k is a decent trade.

You cant even organise yourselves to bring on a decient class action.
What hope have you got in the big bad world of trading.

Harsh??---reality always is.
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I don't think it's fair to leap to that conclusion based on the available evidence.

"Move on" and "learn how to trade" is good advice, but equally, if all Lifestyle Trader victims do the same, there will end up being far more victims.

We need activists as well as traders. There is no reason someone can't be both... so long as the activism doesn't impact the trading.
 
doctorj said:
As an interested by-stander, why is it up to the company to decide what type of proof they require to establish the product isn't meeting the expectations set by their sales/marketing people?

Wouldn't somebody else's results using the 'system' suffice as evidence of it not working as described? Why is it relevent who is behind the screen?
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Hey That's pretty good advice Tech,

Do you make a habit of just dropping off $7000 around the place and then just "Moving on" ??? If so can you please drop a bundle off at my place before you move on ???

Ta
:rolleyes:
 
OnceBitten said:
Hey That's pretty good advice Tech,

Do you make a habit of just dropping off $7000 around the place and then just "Moving on" ??? If so can you please drop a bundle off at my place before you move on ???

Ta
:rolleyes:
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Lol
Great comeback, If only we were all as knowledgeable as Tech?
Hang in there M.W.
 
Mountain Woman said:
Hi All,

My I.T boffin has retreived the spread sheets for me, yahoo!!:) They were not wiped forever!:p: Got some more feedback today that there are several other annoyed buyers who are now watching this site closely for some results, would be more beneficial for all concerned, if they joined us in stopping these rip-off merchants!! Keeping quiet won't solve anything!! Keep the tips coming!

M.W.
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This seems to be all a big complicated needing a class action etc..
If you got ripped -
1. Try searching on Ausli for past CTTT cases (or similar body in QLD)
2. Lodge a application with the CTTT stating problem and reason..
3. CTTT is a very easy process (I think it is the smallclaims court in QLD)
4. Present what happended to the member
5. They will make an order the company has to pay
6. There could already be a precedent here..
7. Contact the CTTT or small claims court and make an application do it today it will take about half an hour..

I have just read the whole thread and find it very ammusing I really hopped biilyybobb would post more !! you can tell he is a sales man and doesnt have that much knowledge (not that i do).. but a good sales man at that.. reminds me of the Henry Kaye days.. I am sure this guy spruiked property or something else before shares became the new vehicle..
 
Mundi said:
Lol
Great comeback, If only we were all as knowledgeable as Tech?
Hang in there M.W.
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Well you wouldnt have "invested" your $7,000 here in the first place.
Put 14 yrs into your trading and youll most likely gain that knowledge.:D

Cost me a lot more than $7k.
When you drop a few K on your trading perhaps you should have a go at the directors of the company you invested in!

When you learn how to suffer losses you'll be in the position to learn how to maximise gains.
We've all made poor business decisions I cant remember all mine---moved on.
 
Tech, what I don't understand is, you are telling MW to 'move on' why not go after Aussie Rob and try to stop this same senario happening to others. I think there is a difference between the emotion of being duped and a losing trade, sure, if you are trying to control both of these emotions you would do it in the same way. But why control the duped emotion, you have just been ripped off through false promises and advertising. I know for certain that I feel a lot different when I lose a trade compared to being ripped off or duped!!

Good luck MW
 
Warbs.

I'd been reading this for 100 posts. Fine have a vent but either get on with it or get over it.

Ive been involved in enough small claims litigation to know how much of a waste of time it can be.
Get some good legal advice---join with others,sharing the cost and upping the anti.

Dont just vent--DO SOMETHING.
 
Yep you are right , I am moving on, straight to the small claims tribunal! ;) I have taken action, Yep I have a few others banding with me now!

$7,000 is a lot of dough to lose for anyone, maybe in 14 years I too will have the expertise to drop this kind of money and not flinch.
It's proactive people who fight for a cause who hopefully prevent the assholes so glibly ripping-off others, if we all walked away without a fight, then these mongrels win every time!!!

Nah, I won't walk away,that would teach my kids a bad lesson, "that "**** happens but you just have to take it"...Hell no... I'll see it out to the end.

M.W.
 
Mountain Woman said:
Yep you are right , I am moving on, straight to the small claims tribunal! ;) I have taken action, Yep I have a few others banding with me now!

$7,000 is a lot of dough to lose for anyone, maybe in 14 years I too will have the expertise to drop this kind of money and not flinch.
It's proactive people who fight for a cause who hopefully prevent the assholes so glibly ripping-off others, if we all walked away without a fight, then these mongrels win every time!!!

Nah, I won't walk away,that would teach my kids a bad lesson, "that "**** happens but you just have to take it"...Hell no... I'll see it out to the end.

M.W.
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You go girl!

I suppose your into "Mountain Men?"
 
wayneL said:
Hi MW

Rolling On The Floor Laughing My F***ing Arse Off.

Good luck with your action.
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Heh Excuse the internet language here. :) Your kids might understand them more.

Good luck with those who are trying to get your money back.
 
david2782 said:
I understand, there has been much negative feedback on this product in this forum, however I have talked to several traders and have been to a couple of traders meetings and I have heard nothing but praise.

:confused:
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Well, put it this way, if you say anything negative about Lifestyle Trader and/or their product, it's highly likely that you will get a letter from their solicitor (is it Robert Friend from Bell Legals?) threatening to sue you for defamation. I guess most people aren't terribly interested in getting themselves into legal proceedings that they rather say nothing.

david2782 said:
Has anyone heard or have any positive feedback on this trading system?
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I am a victim myself. I am currently helping a few other victims. The these victims are looking to refer other victims to me....

Sorry mate, no positive feedback yet.

investa
 
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