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TOPIC: Buying financial spread trading package - home-bas

Buying financial spread trading package - home-bas 5 years 10 months ago #26743

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Hi folks

Has anybody bought one of these packages to do some trading from home? I had a leaflet dropped through the letter box the other day advertising such a package developed by a Vince Stanzione. Has anybody heard of him? It claims that large amounts of money can be made by trading (working) from home, sitting in front of your PC and having internet access. The course costs £200, and provides free access to all sorts of resources on his (Vince Stanzione) website regarding trading, daily updates on price changes regarding stocks & shares etc, and software that helps you to trade.

Do you think it is worth the money and that I could make at least a small amount of money, or do you think I would be a waste of £200?

Thanks in advance for your responses.

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26756

Hi

I am sure that Victor is also sitting at home getting very rich from counting the £200 he receives from all of the hopeful people. Imagine if he gets 5 people sign up every week he gets £52k a year

I would avoid it if I were you as i think there is only one winner
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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26791

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Hi Super Mario

Thanks for all your thoughts.

I came across this blog -

www.racheluncoversspreadtrading.co.uk/about/


Has anybody read this before?


What so you think?

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26815

I think i'd agree with SM,

The old saying if it sounds too good to be true it normally is.

It sounds like piramid to me and unless you are at the top its a waste of money.

Darren
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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26847

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Hi Darren

Thanks for your reply.

Its spread betting - Can you explain what you mean that it is like a pyramid scheme?

Thank U

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26858

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I don't understand spread betting, but the fact that it's betting is a big clue. You may well make some money, but you may also lose it - lets face it, even those who do it professionally sometimes get it wrong (ie bankers), but they have the resources behind them to cover it (ie the taxpayer, as it turns out).

If it was a surefire thing, why would he sell the packages instead of keeping it to himself and spending his time making even more money on his system.

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26918

geek84 wrote: Hi Darren

Thanks for your reply.

Its spread betting - Can you explain what you mean that it is like a pyramid scheme?

Thank U


Can't say I understand how spread betting works either.

Pyramid set ups work so that the person who sets up the system earns lots from the people below him paying fees to him


1

2 3

4 5 6

so number 1 sets up, then 2 and 3 pay him for the rights to earn money from the sceme, they then recruit 4, 5 and 6 between them, they charge 4,5 and 6 for the rights to earn money from the sceme, 2 and 3 then pay royalties on the payment they recieve from 4,5 and 6 to number 1. 4,5 and 6 then recruit 7,8,9,10 ect and it starts all over again.

unless you are at the top you will never see any return.

What you a have been offered may not be this but I don't think you would see much of a return if any. I would look toward the old envelope stuffing for some extra cash in the evenings if you want to earn from home.


Darren
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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26952

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The most surefire way to end up with a small fortune is to start with a large fortune.

Don't know who said that, but generally it's not far off the mark.
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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26954

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Thanks.

I see what you mean.

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26986

Have you decided what to do yet?
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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #26994

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I think I will give this one a miss !! LOL

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Re: Buying financial spread trading package - home-bas 5 years 10 months ago #27010

I think that is a good idea!!

Have you thought about Kleeneasy?

My brother in law does it and seems to make a little bit of money from it and he finds it quite social too.

Darren
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