Comments on T3B system as a trading tool

[Albeniz]

Dear Folks,

 

Out of curosity, I attended a brief seminar by T3B recently.

 

Has anyone used this system before? How effective is it as a stocks trading tool?

Do share your experiences.

Thanks.

Edited June 23, 2009 by Albeniz

[Windchoco]

I also attended... thinking of whether shld join a not...

[Albeniz]

The software might sound a bit too good to be true. Before the session began, they showed the video of satisfied users with such overwhelming compliments.

 

Could any user come in to share your first-hand experience?

 

[Freestylers09]

how much the course?

[Albeniz]

Some info about T3B could be found here though...

http://www.trackthetrend.com/

[City100a]

just attended the preview

 

they said 70-80% accurate

but course expensive

 

any suggestion should attend or not

[Shemmy]

My friend attended and paid. Still not rich.

[Jubilong]

there is another one called Asia charts. Just as expensive. Anyone got comments...

[1fast1]

Ask yourself - if these money making schemes really worked as well as they're advertised, why would the "geniuses" behind them need to flog training sessions to make money? Can't they just multiply their own money many-fold, especially with leveraged strategies (like options)?

 

Don't be naive. If it sounds too good to be true, it probably is. The market is mostly highly-efficient and mostly well approximated by a random walk. The slight deviations from randomness can be exploited only be a few real geniuses (Claude Shannon managed to devise a consistent system), but even then, the small consistent gains are wiped out when you take commissions into account. In short, you can't beat the market by active trading. All you can hope to do is to buy-hold the market (e.g. index linked ETFs) and ride the general uptrend.

[City100a]

  On 11/27/2009 at 5:49 PM, Turboflat4 said:

Ask yourself - if these money making schemes really worked as well as they're advertised, why would the "geniuses" behind them need to flog training sessions to make money? Can't they just multiply their own money many-fold, especially with leveraged strategies (like options)?

 

Don't be naive. If it sounds too good to be true, it probably is. The market is mostly highly-efficient and mostly well approximated by a random walk. The slight deviations from randomness can be exploited only be a few real geniuses (Claude Shannon managed to devise a consistent system), but even then, the small consistent gains are wiped out when you take commissions into account. In short, you can't beat the market by active trading. All you can hope to do is to buy-hold the market (e.g. index linked ETFs) and ride the general uptrend.

but most financial magazines that I browse through when I at borders said people generally are moving away from buy - hold concept as it has been shown to be wrong in the recent times

however, unfortunately, i have been a buy and hold guy and trying to learn to make strategies

thanks

[Unltd]

  On 6/23/2009 at 10:02 AM, Albeniz said:

Dear Folks,

 

Out of curosity, I attended a brief seminar by T3B recently.

 

Has anyone used this system before? How effective is it as a stocks trading tool?

Do share your experiences.

Thanks.

 

If the course is true, then having many participants mean many people will know. When too many people trade the same way, it will not work. Thus there is no real thing as a tool that will always work. Unless you are talking about long term, as in really long term.

 

Human behaviour does not change much over decades, greed and fear is always abound. However, the ficklemindeness does change and short term trade is very unpredicatable, which is why even very good trading tools are right only max of 60% of the time.

 

If there is a really good trading tool around, the people with them will not share, if they share then it goes back to my first paragraph.

 

My 2 cents....

[City100a]

  Unltd said:

If the course is true, then having many participants mean many people will know. When too many people trade the same way, it will not work. Thus there is no real thing as a tool that will always work. Unless you are talking about long term, as in really long term.

 

Human behaviour does not change much over decades, greed and fear is always abound. However, the ficklemindeness does change and short term trade is very unpredicatable, which is why even very good trading tools are right only max of 60% of the time.

 

If there is a really good trading tool around, the people with them will not share, if they share then it goes back to my first paragraph.

 

My 2 cents....

[/quote

but Sir, the founder Keane Lee said because he wants to share and teach others

[Chemz]

i've heard there are cases whereby disgruntled users posted negative comments on the board & were sent legal letters to take them down.

in any case if the system didnt work for the trader, t3b will only refund the training costs, and not trading losses.

so in the preview, u only hear the good stuff.

 

i'm a dealer myself, asked derrick(the one giving the preview) a couple of questions involving the markets, and personally i feel he doesn't really know much.

well i got to say he makes a good marketing man, because he captures the attention of the simple man on the street very well.

 

then i ask you this, do u think he made his 1st mil selling this course or via the mkts?

[Unltd]

  On 11/28/2009 at 3:07 AM, City100a said:

  On 11/28/2009 at 2:20 AM, Unltd said:

 

If the course is true, then having many participants mean many people will know. When too many people trade the same way, it will not work. Thus there is no real thing as a tool that will always work. Unless you are talking about long term, as in really long term.

 

Human behaviour does not change much over decades, greed and fear is always abound. However, the ficklemindeness does change and short term trade is very unpredicatable, which is why even very good trading tools are right only max of 60% of the time.

 

If there is a really good trading tool around, the people with them will not share, if they share then it goes back to my first paragraph.

 

My 2 cents....

but Sir, the founder Keane Lee said because he wants to share and teach others

 

 

I am not a Sir, I am a Sergent! Hahahaha, if this Keane Lee is so keane to share, tell him to share his money la... Right? Or why not give completely free courses since he just wants to share or teach others? Or also declare all his costs and request for attendees to share the costs by splitting among the class the fees for ballroom rental? You know anyone in your life who teaches others how to make money easily?

[Shemmy]

  On 11/28/2009 at 4:32 AM, Chemz said:

then i ask you this, do u think he made his 1st mil selling this course or via the mkts?

 

That's what i'm telling my friends. Too bad, i'm an idiot so no one believe.

 

[Freestylers09]

i think another thread i mentioned..

 

someone can create a system,lost 300k and end up still got pple wana pay to attend to listen to how he pick up from where he lost this 300k..

 

winner

[Icouldberight]

  On 11/27/2009 at 5:49 PM, Turboflat4 said:

Ask yourself - if these money making schemes really worked as well as they're advertised, why would the "geniuses" behind them need to flog training sessions to make money? Can't they just multiply their own money many-fold, especially with leveraged strategies (like options)?

 

cos they can earn more money this way?

[City100a]

so guys conclusion

worth paying $3-4 K for this course

if some bros have attended and not their preview have you made money with their system

(derrick tan claims they will pay you back your course fee if you dont make money but provided you follow their system)

 

are there any other courses to attended (suggestion please thanks)