Print the value of index0
  • Report:  #1295302

Complaint Review: Earn One Percent A Day

Earn One Percent A Day - Abundance Education Group Total FOREX SCAM, Indicators are not Proprietary, 1% a day and no actual results. Highland Utah

  • Reported By:
    Veteran Trader — Tampa Florida USA
  • Submitted:
    Tue, March 22, 2016
  • Updated:
    Tue, April 26, 2016

I thought about buying into this program and did some simple reseach and discovered a review on Forex Peace Army that some guy quickly identified they are lieying about their indicators. I am no expert but it seems that they are just using free signals and charging dumb uneducated investors to buy. If you are new to trading this may be a good site to learn but the fact that they are lieing right on their front page I don't know if I could trust the rest of their education. Also why pay from something that is free. 

I'll admit I am cheap but daytrading is about managing money not spending it on false hope and dreams. 1% a day. Are you kidding!!!! If you think you can earn 1% a day you sure can but you can also loose 10% a day too. I would challege anyone who looks at this to ask for real trade results and for a minimum of 1 year. I would do this anywhere. 

Here is what is on Forex Peace Army

Rating:No Rating 
Date of Post:2016-01-05
Review:We haven't tried the forex education tutorials from EarnOnePercentADay.com. If you've used their materials to learn how to trade forex, please leave a review.

Rating:  
Date of Post: 2016-03-17
Review: I haven't traded with these guys but did a quick glance on their site and noticed they were using Sierra Chart Software which I use to trade futures. I noticed the so called "Proprietary Indicator" looked very similar to mine so I made some tweaks and identified that it was the same exact Indicator I was using for free. They are both %K lines on a Stochastic the top looked like a 100 / 10 and the lower looked like a 10 / 3. I laugh but I am sure there are suckers out there who have never traded before that would pay for something free.

Honestly if you are new I would recomend a site like Baby Pips or watch some videos on youtube first. 

Here is some of the content from this scam site

Let’s face it. Not everyone has a natural bent toward trading the FOREX market. In fact, most people who throw their hat into the ring of FOREX will lose most if not all of their investment. We see this as an ENORMOUS problem. We put our brains together so that we could not only solve this problem but lower the barrier of entry, enabling ANYONE to trade FOREX…PROFITABLY! So who are we? We are passionate traders who are invested in providing the best education and tools for anyone to reach their personal trading goals.

Really!!

HOW WE CAN HELP YOU EARN 1% A DAY

Utilizing our expertise in the market, we have boiled down what it takes to be consistently profitable in the market. In other words, we just put the cookie jar on the lower shelf for you. We have not only developed a custom coaching program that will get you up to speed on how the market works and how to approach it, but created proprietary indicators that will make even the newest person a consistently profitable trader. The indicators really are the secret sauce.
 
OK now I will buy!!! 
 

TRADER CHAT

As a member, you will have access to a private, trader chat where you will be able to not only associate and learn from other EOPAD students but you will have access to EOPAD coaches as they trade the market.
 

COACHING

Choose from 6 to 15 hours of personalized training from one of our trading pros. They will hold your hand as you dig in and learn how to be profitable. Hourly coaching is also available.
 
 

PROPRIETARY INDICATORS

Our indicators level the playing field. Whether you’ve traded for 10 years or 10 days, our indicators will help you to enter the market so that you can be profitable. Wash. Rinse. Repeat.
 
OK again "Proprietary" Not!!!!
 

SPEAKING OF INDICATORS…

So what. Everyone and their dog has indicators. I can even get them for free! What makes your’s so special?

 

Well, we’re glad you asked. Indicators in and of themselves are complex and can be difficult to read. Even when they point in a specific direction, you really don’t have a clue as to when it will actually move that direction and how much movement it will take? Many traders have so many indicators on their charts, it’s a miracle that they can make any sense of them.

We wanted a simpler way for people to trade. So we took the best the world has to offer, tweaked the recipe and cooked up a set of proprietary indicators that are simple to read and second to none! Check out this brief clip to learn more.

Again how dumb are we?!?!

 

Testimonials 

I just wanted to tell you that since I have started using EOPAD’s indicators, I have increased my account by 9% and I’ve done this only taking 1-3 trades a day! Before I had EOPAD’s indicators, I had lost 1/2 of my account and with it, my confidence. I consistently bailed on my trades with very little profit because I was afraid to lose more money. EOPAD’s indicators have allowed me to confidently stay in a trade when there is still money to be made and they also help me to know when it is time to get out before the market turns against me. With the indicators, trader chat and your coaching, I have regained my confidence and I can’t wait to really get going in the new year! Thank you!

 

I’ve tried a few different systems over the past 15 years and they were either too complex or I just could not consistently make money.  EOPAD’s indicators are so easy to use that even someone like myself who struggles with technology and complex concepts can grow their account.  Since starting with EOPAD, my account has done nothing but grow.

I have to give you a 10 PLUS for the quality and accuracy of your indicators. I have increased my trade account a little over 50% in the 2 weeks I have been using them. Between the great heads ups we get on the site and the indicators if I don’t double my account monthly I will be very surprised. Thank you so much for the work you have put in and the time you spend making sure we know how to read these SIMPLE to use indicators. If I had to use one word to describe your system . . . that would be . . . AMAZING!!!

 

Give me a break show some real results?? 

 

3 Updates & Rebuttals


Brenden

Highland,
Utah,
USA

Thank you.

#4REBUTTAL Owner of company

Tue, April 26, 2016

Veteren Trader,

I'm not exactly sure what point you are trying to make here.  All of the information you've listed here is correct.  This is the first and only FOREX business we've ever started.  Thank you for putting our LinkedIn information here so that people can know who they are working with.  We welcome people to reach out to us on LinkedIn or any of our other social media pages if they have any questions.  Of course, we can be reached at 844-993-6723 as well.


Brenden

Highland,
Utah,
USA

Thank you for your time.

#4REBUTTAL Owner of company

Tue, April 26, 2016

Veteran Trader

We have reviewed every inquiry record we have received and don't have a single one from anyone in Florida.  Given that we have never talked or worked with you, you certainly do have a lot to say about us.  We haven't even started any marketing campaigns that would reach anyone in Florida, yet here you are.  You do happen to sound quite a bit like someone from a local competitor who apparently is upset that we are providing a service where people are actually making an income from the FOREX market.  Our rapid growth is because our members are finally using a tool that is easy to use and our system is simple to understand and most importantly, they are finally making money in the market.  Unlike our competitors who use basic stochastic, Bollinger bands, SMA and EMA then call them "proprietary leading indicators", we have taken numerous data points and found a way to present them in a simple and easy to understand fashion.

 

Clearly you have never seen our indicators because if you had, you'd know that we don't use such an unreliable tool like the stochastic indicator.

 

We would love to chat with you and show you how simple it is to make money trading FOREX.  Call us at 844-993-6723 and we'll set up a one-on-one demonstration on how our indicators work.

 

As for anyone who might be reading this, we'd encourage anyone curious about FOREX to give uas a call.  We promise it will be worth your time and we are certain you'll be excited about joining our rapidly growing list of very satisfied customers!  As the saying goes, the proof is in the pudding!


Earn One Percent A Day Scam Adding Up

#4Author of original report

Fri, March 25, 2016

Still having fun with this one. It looks like I found the owners of Earn One Percent A Day. I found a Linkedin account with the logo and title

https://www.linkedin.com/company/earn-one-percent-a-day

It looks like there is definatley one. His name is Brendan McEwan. When you look at his profile I found this.

https://www.linkedin.com/in/brendenmcewan

CTO / Head Trader at Earn One Percent A Day

So he is definatley open and involved. 

I did a search on linkedin and found the President

https://www.linkedin.com/in/terry-rodgers-a4567310b

President, Earn One Percent a Day

 

this is the best part!!! 

President

Earn One Percent A Day
October 2015 – Present (6 months)
 
This is obviosly a new company or a rebradning of an old one that they just started. 
 
I am having fun with this one. Please contribute if you find anything else. 

 

Respond to this Report!