I have been getting solicitations from this guy for over 3 years now. In the last year he has sent several 20 page hero folders of his "success". Problem is - he includes a chart on his "market neutral calculator" that is intended to deceive.
This spreadsheet shows a simulated trade in COST - with "what ifs" for the stock not moving - or moving 20, 40 and 60% one way or another. With a "100.8% return at 0% movement and bigger gains going way out - he states in red "minimum profit 100.8%" This is patently untrue - and would get someone with a license in hot water.
Truth is - in that unshown area between 0-20% - which is much more likely - the returns are often negative. He knows it - that's why he goes outside of that to make it look like you can't lose.
I have sent copies of this to him twice suggesting he knock it off - yet it came again today 7/8/2020.
Hey Chuck - if you are such a genius - why do you have to lie to people. I hope you get a visit from a consumer watchdog group over this.
Investment Software Systems, Inc. Reviews
I have been getting solicitations from this guy for over 3 years now. In the last year he has sent several 20 page hero folders of his "success". Problem is - he includes a chart on his "market neutral calculator" that is intended to deceive.
This spreadsheet shows a simulated trade in COST - with "what ifs" for the stock not moving - or moving 20, 40 and 60% one way or another. With a "100.8% return at 0% movement and bigger gains going way out - he states in red "minimum profit 100.8%" This is patently untrue - and would get someone with a license in hot water.
Truth is - in that unshown area between 0-20% - which is much more likely - the returns are often negative. He knows it - that's why he goes outside of that to make it look like you can't lose.
I have sent copies of this to him twice suggesting he knock it off - yet it came again today 7/8/2020.
Hey Chuck - if you are such a genius - why do you have to lie to people. I hope you get a visit from a consumer watchdog group over this.