"Get Rich Quick Trading System Scams Revealed"

Read this special article before you even consider
joining or paying for a "Get Rich Quick Trading System" program.

Dear Reader,                                                                                           

The Web is jammed with Stock Trading Systems, Trading Strategies, Trading Courses, Trading Manuals and Trading Tutorials. There are countless websites, which attract visitors with statements like:

• Get rich quick with that new ultimate Trading System
• A new Stock Trading System, which generates only winner trades 
• Make a fortune with this unbelievable new Trading Strategy
• Learn to trade like the famous Turtle Traders
• Trade Stocks like the famous Nicolas Darvas who made 2 millions in the stock market in less than two years
• An amazing new Stock Trading System which unveils new secrets
• Daytrading an easy way to make money easily
• and so on... 

Wow! Wouldn't it be nice to make tons of money quickly, with almost no effort, working at home? Of course it would. I for one would love to have money flowing into my bank account working only an hour the day from, so I'd have plenty of time to spend with my family, friends without any boss looking over my shoulder and criticise me all the time.  

You're certainly also one of these persons which would love to play golf all day, sitting at the beach in the afternoon and sipping on your martini without doing nothing? 

Whether it's real estate investing, selling by classified ads, stock market investing or something else, we've all seen the fantastic claims people make about making tons of money, AND how they can show you how to do the same thing. 

I can tell you right now that 99% (yes 99% indeed) of these people are total frauds!!! You may even have fallen prey to one of these bloody scam artist, selling you their latest "Get rich quick ultimately in no time multi-millionaire" program. Unfortunatley, me too! I was so stupid and bought so many of these "Get Rich Quick Trading Systems" that I can't even recall how many. I don't know why, but I tend to find the "good" in people, and I was "sold" by these marketing schemes time and time again, even after being scammed by another. 

Finally, after years of disappointments, I got really very angry! I decided to get to the bottom of this fascination we all have with "Get Rick Quick Trading Systems" and programs, and find out if there really were any legitimate programs for making serious money.

Believe me I had a smart idea. I contacted many of the administrators of these "Get Rich Quick Trading Systems". Posing as a possible investor, I managed to convince the owners that I was seriously interested in purchasing their entire business and website. That way, once the dollar signs flashed in their eyes, they would give me free access to their member's area to review what I would be buying. I already knew what was expecting me. 99% of what I found was complete "junk" and not working in the real world. I repeatedly found:

• outdated information
• broken links
• no help section
• corrupted *pdf files
• useless bonuses (more junk)
• no refunds
• links to product that are even more expensive
• etc.
  

I quickly realized that these so-called "Get Rick Quick Trading Systems" were totally useless. The only goal is to ruin you completely after you having already lost lots of money with other "junk" trading progams. Remember, there is no free lunch in stock, bond or forex trading. Needless to say, I didn't respond when they asked if I was still interested in buying their businesses. Needless to say, I was laughing at these jerks. 

But there was some good news. Surprisingly, while sifting through all of the scam "Get Rich programs", I was indeed able to locate a couple of individuals that actually ran legitimate programs. As previously said, there is no free lunch, however with the necessary discipline I was instantly able to earn serious money!

The owners were every day people like you and me that found a way to make some extra money working from home. Their membership areas were impressive, with a good amount of quality information on how to make money in online trading, with very little work. I even chatted with their customers in several online forums, and they verified that they were making extra money through their programs. You know, that is serious research. There are "good" people in this world who offer a great program. Even their customers were fully satisfied. I finally got back my satisfaction.

So afther hundreds of hours full of research it was like I found a few diamonds in the rough. But don't take my word for it, you can visit the two sites I found below. Check out yourself what you think. Maybe it's something for you - maybe not. However it helped me.

They do charge a minimal fee for the Trading Systems, which in my view is fair for the value added they offer. I previously told you, there are good people in the world. Anyway, if you decide you are interested in either of the two Trading Systems below, I advise you to join quickly, as the owners have informed me that they are getting so many new customers by word of mouth referrals, that they are considering to stop selling their progams soon. The added value of the Trading Systems may be limited in the future. As the owners themself want to earn big money with their own systems, they know what to do if too many people jump on the same train. Got the point? Yeap, they might close their businesses. 

Is that it? No, in order to make things even more easier for you and to help you were I can, I have put together the 5 must to follow steps, to become a smart, independent and successful investor.
I am not interested in your money, I give that advise for free.

The following five most important steps to become an educated and successful investor help you to separate the straight forward and sophisticated Trading Strategies from poor, "Get Rich Quick Trading Systems".

Step 1 - Understand the Trading Basics and Instruments

Before you even start considering trading stocks, options or futures you will need to understand the basics. You need to know the instruments and their risks, the markets where they're traded and the main fundamental key indicators as well as the basics of technical analysis to become a superior investor and trader.


Step 2 - Which products to trade

Determine whether you want to trade stocks, options (on stocks, currencies, indices etc,) futures, indices, interest rates, currencies or commodities. Stocks are probably the ideal investment tool for most investors. More experienced trader might trade options to work with leverage. 
Trading futures is reserved to very experienced amateur traders or professionals. Understanding the risk of each product is essential.


Step 3 - Daytrading, mid- or long term trading

How much time can you spend on trading each day? This question drives your decision whether daytrading the markets is for you or whether you prefer to be a mid to long term investor.
The second important factor is your psyche. The trading style should be selected based on one's personality. People who get nervous right after they bought a stock shouldn't daytrade the markets. They should choose a disciplined long-term trend following method and strictly adhere to it.

Step 4 - The main components of a Trading System 

Before you buy a Trading System you should ensure that it is a complete system comprising the following components:

1. Identification of potential hot stocks or other financial instruments: 
   A screening tool is required to scan the markets for interesting trading instruments with the potential to make significant profits 

2. Money Management: 
   The most important component of a trading system is Money Management? Surprised? Lots of investors and traders spend most of their time developing a very sophisticated trade entry system. But the entry strategy contributes only approximately 15% to the success of a Trading System based on academic studies. The most important question of a Trading System is how much to invest and how many positions to trade at the same time.

3. Entry / Exit Signals: 
   A trade needs to be completely planned in advance. People plan a lot of their activities, e.g. when they go on holiday, when they move houses etc. But do they have a plan when they invest? An investor needs to have a system that helps him to be prepared for all scenarios of a trade. One needs to know in advance when to buy, how much to buy, when to exit. Once a trade is executed the price of the instrument (stock, option, bond etc.) cannot be influenced by the normal private investor anymore.
   

Step 5 - How to get started  

Keep in mind the following principles, which can be observed through most of the successful Trader Legends:

• They have a system, which they strictly follow

• Most of them have a trend-following trading style

• Most of them have a mid- to long-term approach

• They have no fear and greed mentality

• They have absolute discipline and stick 100% to their system

• Their trades are fully planed; they are prepared for all scenarios in advance

• They know that a system goes through bad and good times. Cut losses early and let profits run

• Their systems fit to their personality
  

Well, my search for legitimate "Get Rich Quick Trading Systems" has come to an end. I have to say I was thoroughly disappointed with most of what I found in the world wide web, and strongly advise that you don't take chances joining or buying any Trading Systems others than the two listed below. Whatever you do, I wish you a sucessful and healthy year.

My best wishes and take care.

Tom Meier

Before I forget, here are the links of the two Trading Systems I do recommend and personally use:

- SureFireTrading
- MasterTrader

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