The merchant has sold me a $10,485 training package of a proprietary Threshold Trading Method including Star Trader / Trade Seeker software. However, they have outsourced the training to a coach who does not use the software and teaches me information from another company called Metastock. (My coach sub contracts for EduTrades but also moonlights for Metastock - Metastock and EduTrades are NOT partners in any way, shape, or form. My "contract" makes no mention of Metastock training or software. The merchant sold me Star Trader materials, not Metastock).
Merchant goes by many names, none of which are Metastock. They are:
Whitney Information Network, Inc.
Wealth intelligence academy
Whitney Education Group
EduTrades
Star Trader
TeachMeToTrade
Options Success
As stated - The Goal of the Coaching Program:
-1. Give you a thorough understanding of our proprietary Threshold Trading Method.
If the material I am being taught is proprietary to Edu Trade, why is it on the Metastock website?
IN FACT, THE MATERIALS I HAVE BEEN TAUGHT ARE ALL OFFERED FOR FREE to the general public ON METASTOCK'S WEBSITE. Why am I paying all this money to Edu Trade to receive training from Metastock - that I could get for free otherwise?!!
As stated - The Goal of the Coaching Program:
-2. Help you develop a working knowledge of the Trade Center/Star Trader and Trade Seeker software and their many features and benefits.
They are expecting me to connect the dots between what the coach teaches (using Metastock Professional software) and the materials I have been provided with (Star Trader software). To make matters worse, not only do they not teach me how to use the Star Trader software, but they provide no user manual for me to learn how to use the software.
The software the coach uses to teach me strategies and the software he uses to demonstrate the strategies is MetaStock Professional with PowerPivots Plus plug-in not Star Trader / Trade Seeker.
The software provided to me does NOT support the technical indicators used in my training and does NOT support the proprietary methods of PowerPivots Plus plug-in which was used to create the chart (s) used in my training.
The money flow indicator he uses to train me is unique to Metastock. He is not familiar with, nor could he show me how to use the Chaikin money flow indicator of Star Trader.
The R/S indicator he uses to train me is unique to Metastock (PowerPivots Plus plug-in). There is no method of implementing or practicing this technique with the Star Trader software. PowerPivots which is a Metastock plug-in that adds Rs & Ss to charts, designed to help find stocks using R & S. *This is very important because this is the foundation of his training.
The ATR indicator he uses to train me is unique to Metastock. There is no method of implementing or practicing this technique with the Star Trader software.
The scanning technique he teaches (ICBenchmark structure) is not supported by Trade Seeker. There is no method of implementing or practicing this technique with the Star Trader software.
I filed dispute with CC company. The merchant responded and informed the CC that they are willing to work with me. (LIARS!) I do not believe they have any intentions of working with me despite my many attempts to give it another try. I have sent
6 requests for refund. Each and every request has been ignored. The first request for refund came after 40 days of making payment, i still had not received the materials for training nor had a coach contacted me to start training! It wasn't until i sent the refund request that stuff started "happening".
I tried many times to communicate with someone of authority, and no one acknowledged my emails, voicemails, faxes for long periods of time. These long periods would usually be followed by my coach (who is not an employee of the company, but is a sub contractor) promising me that someone will get in contact with me and that things will improve.
Fraud? Not sure. Conflict of Interest? Definitely. Scam? Absolutely! Buyer Beware...
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