what do u guys think about infomercials? (ie trend trading)

[falconx80]

has anyone tried this?

is it worth it to take a chance and try it?

or is this a big scam?

 

[minendo]

Everything they tell you on infomercials is true.

 

[DaveSimmons]

If any of the stock-picking schemes actually worked, the people would be using the scheme to make money, not trying to sell it to you to make them money.

Wade Crook and his company are bankrupt and deep in debt from all the fraud claims, and lost money on their stock trades for years in a row.

Think about it: since there is no limit to how much money a company could be trading, what possible reason could they have to try making a living off of selling a trading scheme instead of actually trading? Why isn't the company worth billions?

PS - just go to www.Vanguard.com, set up a Roth IRA for 2003 (if you have earned income) and buy some VFINX (S&P 500 stocks mutual fund). Do not try to start trading individual stocks!