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fwchong Registered User
Join Date: Jan 2009
Posts: 2
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T3B system - Beware of such advertisement fwchong Jan 4th, 09, 10:55 PM #1 (permalink)
I am quite concern about a lot of advertisement that some school are advertising in the newspaper enticing people to learn trading and I know from a trader who went for the T3B (stock) and the C2O (US options) that the trainer and mentors are not certified qualified in the finacial industry. They claim their system are 80% accurate but there is no live account to show any public nor any students can dare to open their accounts to show people if what they follow true to the strategies did make money. Dont believed me, please ask them to show you LIVE trade and not PAPER money trade.

This source was disclose to me from one of the T3B students. He didnt learn much to improve on his Technical Analysis but learn more from Michael Woo and guess what Michael Woo charge cheaper than T3B course by $1K and comes with 20 classes with more strategies. Michael Woo show you his live trades or account and he conduct live trading with his students.

Another thing is that they sell u the course, they also want u to pay for the program they design and charges with data provider a high fee which are not LIVE feed but End of Day data which people can get for free...

I would like to cautious people to be careful and not to part away their money...by these gimmicks...

I learn this lesson together with many others from attending Freely classes and then realised that after the class, we still need to pay for his scanning programme...
 
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kyouta Jan 5th, 09, 12:03 AM #2 (permalink)
erh thanks for the heads up
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bozo Jan 5th, 09, 12:21 AM #3 (permalink)
Quote:
Originally Posted by fwchong View Post

This source was disclose to me from one of the T3B students. He didnt learn much to improve on his Technical Analysis but learn more from Michael Woo and guess what Michael Woo charge cheaper than T3B course by $1K and comes with 20 classes with more strategies. Michael Woo show you his live trades or account and he conduct live trading with his students..


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kaykay Registered User
Join Date: Dec 2008
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kaykay Jan 7th, 09, 12:48 PM #4 (permalink)
If these trading systems are so good indeed, they would have made a lot of money from it. Why would they even bother to teach people about it and charge such a high fee for it ?
Blogging at moneytalk.sg on the stock market, ETF and anything to do with money.
 
herzog21 Registered User
Join Date: Dec 2008
Posts: 55
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herzog21 Jan 8th, 09, 10:28 AM #5 (permalink)
Quote:
Originally Posted by fwchong View Post
I am quite concern about a lot of advertisement that some school are advertising in the newspaper enticing people to learn trading and I know from a trader who went for the T3B (stock) and the C2O (US options) that the trainer and mentors are not certified qualified in the finacial industry. They claim their system are 80% accurate but there is no live account to show any public nor any students can dare to open their accounts to show people if what they follow true to the strategies did make money. Dont believed me, please ask them to show you LIVE trade and not PAPER money trade.

This source was disclose to me from one of the T3B students. He didnt learn much to improve on his Technical Analysis but learn more from Michael Woo and guess what Michael Woo charge cheaper than T3B course by $1K and comes with 20 classes with more strategies. Michael Woo show you his live trades or account and he conduct live trading with his students.

Another thing is that they sell u the course, they also want u to pay for the program they design and charges with data provider a high fee which are not LIVE feed but End of Day data which people can get for free...

I would like to cautious people to be careful and not to part away their money...by these gimmicks...

I learn this lesson together with many others from attending Freely classes and then realised that after the class, we still need to pay for his scanning programme...
what rubbish?!?!?
Fact 1: they don't design program and make people pay for it.
Fact 2: every t3b student are free to use whatever trading platform they are comfortable with, in trading. Scanning program or whatsoever you mention do not exist.

A despicable ploy to market Michael Woo huh? or is it Michael Woo himself posting in order to get more students to sign up? How sad.....
 
twinklenights Registered User
Join Date: Feb 2009
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twinklenights Feb 5th, 09, 01:32 PM #6 (permalink)
In the first place, what do you mean by being "certified qualified in the financial industry"? Do you mean that a trader needs to have financial background in order to trade?

That is untrue, because according to the T3B and C2O system of chart analysis, as long as you are willing to put in effort to analyze the charts and apply their rules in trading, you do not need financial background to trade. That's where the beauty of the system lies, cos it makes trading simple and relaxed for people without any financial background!

I think it is very unfair of fwchong to say that "nor any students can dare to open their live accounts". It is far too general, and much of an assumption to say that. Live accounts are meant to be kept personal. Do you expect anyone to show you how much money they have in their bank if you're a stranger to them? I definitely would not.

It is true that the T3B and C2O program gives end of day data, but the power of the software lies in its ability to screen stocks, and several detailed indicators which allows easy and detailed analysis of the stock. For live feed, you can always use a think or swim platform to trade. The course and program are a package together, but additional cost is required for stock screening.

I believe fwchong has made a biased and incomplete statement in his comment not supported by facts. Herzog21, i agree with you, this sounds like marketing for Michael Woo himself.

I personally have benefitted much from the T3B and C2O system, and am appalled that there are people out there who are trying to sabotage their reputation.
 
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