My Trading Adventure

A forex guru or a scam?

CP TEH
Publish date: Mon, 23 Jul 2012, 12:11 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Kishore M

http://www.ifxprofits.com/


Previews and testimonials




testimonials ... is she being paid? why dont ask her about WHAT she actually has learnt?



Mona Mhd (Mother of 8 Kids) started with $1000 and made $78,000 in 2 months after attended PowerUp Capital Forex Courses

Scam exposed


Anyone attended his previews or attended his courses?

http://www.trade2win.com/boards/forex-strategies-systems/74470-kishore-m-real-scam.html


some comments

Originally Posted by cooldude123

Ok. I've been to Kishore's Seminar in Singapore and had asked my friends to go to his seminar in other Places.

Some noteworthy points:

1) It is observed that he does use "EMOTIONAL MARKETING" techniques using the "cooked family background and stuff".

2) In all seminars, at different places, he had THE SAME MARKETING GIMMICK of saying that there are "X" no. of seats available. How can the number of seats available be the exactly the same at different places at different time????

3) He uses FAKE BONUS techniques. Stating something like...."My course is worth 8000 dollars + Bonus # 1, 2, 3....5 = Worth 25000 dollars....But I will not charge so much...I will come down a bit....Still a bit.....and eventually he reveals the price only to the ones who agree to join wihout even knowing the price"

HE BOASTS ABOUT 100% ACCURACY SYSTEM......THINK ABOUT THIS GUYS......IF 100% ACCURACY WAS POSSIBLE....THEN WHY 1) HIS RETURNS ON CAPITAL IS NOT MILLION % 2) WHY IS HE WASTING COUNTLESS HOURS GIVE THE SAME B.S. SEMINARS...AND WHY DOESN'T PUT HIS MILLIONS TO MAKE BILLIONS QUIETLY ????????

Save yourself from all this crap and get focussed on some realities of trading.

My Tip / Suggestion: We all know that in some time period, our winning rate is too high and in some, it is too low. Using this common sense approach, if we RANDOMLY arrive at win-loss ratio over a period of time (Say 5 years) then you will realize that average typical win-loss ratio is always around 50% - Hence, professional traders give more importance to RISK-REWARD RATIO than Win-Loss Ratio.

FORGET THIS "MARKETING" GUY AND TRUST YOURSELF AND FIND SOMEONE WHO SPEAKS LESS AND DOES MORE (i.e. exactly opposite of Kishore).

Hope this is useful.

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I also attended his "Free" seminar recently.
He knows how to use lots of EQ and physcological technique to "lure" pple into his expensive course.
Towards the end of the free seminar, he asked the helper, how many seats left?
The helper shouted "12".
So he said he's gonna give a free S$1,000 trade money to the first 12 participants who registered for the course. However, there are more than a dozen credit cards submitted, and none was rejected. I thought the seats left is 12?
I think they are running free seminars every week. And in each seminar, the number of seats left is 12??? LOL
I would say it's a high power selling course. However, come to think of it, if his FX trading course is really so good - words will spread. And pple will flock to his course. Does he still need to pursue this kind of tricks?

I guess he made more money from his course then the real trading.

Thats my two cents worth.

------------------------------------------------------------

Now everyone knows that he's a marketer and is only using trading as a product to sell.

If trading was banned tomorrow these marketers wouldn't worry. They'd just find another product, slightly tweak the marketing material and be back in business within a week.

As for the people who get taken in by this sort of crap, please do yourself a favour and look in the mirror for the real person to blame when you don't make the kind of easy money you were led to believe you were going to make.

You've all been warned

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attended his free seminar yesterday...very similar to what expertho mentioned..."18 seats left!" ...about $3000plus for the 3 day course...and he is giving away $35000 worth of free software advise etc etc...end of the seminar I would say at least 20 signed up...I sat at the back and was giving it a deep thought before leaving the room...I was thinking if it sounds too good to be true, it probably is...I would say that he is very very convincing

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Hi guys

just wanted to post an almost "live" comment from his preview seminar which I attended just a couple of hours ago. Wanted to come back home to search through internet for reported scams on this chap, when I chanced upon this forum.

Other than most of the stuff which was already mentioned by fellow friends in here, there's one more thing interesting...during the preview, as part of his "so-called" gift to the audience, he cited 1 stock which must buy now and let go by end of the year, and you would get at least 10% return. Citibank was the stock he quoted, and I still remember that he flashed a $27 value on that stock. How careless of me not to remember that I have internet access on my phone !! Otherwise, I could have checked on the price of Citibank there and then and questioned him, since the price of Ctiigroup that I checked after I came home was at $34+ !!!!!!!!!!!!!!!!!!

What a load of b******t !! of course, it's more than 10% return even before the end of the year is near if he had bothered to check on today's price, or even yesterday's, for that matter Either he deliberately did that (which will be quite stupid since the audience can almost check rightaway), or that he doesn't even update his preview slides, and that slides could have been used weeks ago when Citigroup was around $27.

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I attended many previews ... some more decent ones but most of them are to LURE greedy ignorants to attend their thousands dollars of trading courses and selling their softwares/systems.

This is what upset me ... to the point that I said I will teach the public for free in my blog here ... and I will teach trading if they could pay a little for my TIME. I will share with them so-called market secrets ... whch there are NONE.

Igonrant newbies ... greed ... blinded by money, fall into these marketing-personnels. If they are profitting MILLIONS, why are they being there, working with a team of young pretty faces ... and have to CONVINCE you to attend their courses for?

THINK LOGICAL .... I do know you are a logical human, but just BLINDED by GREED.

It is YOUR money. DO whatever you want with it and do not blame others.

Night

TEH
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Discussions
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lotsofmoney

Some of them are paid actors.

2012-07-23 12:33

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