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  • Report:  #1130780

Complaint Review: Rich Metzger

MyStockTradingBiz.com REVIEW: Richard Metzger dedicated to total customer satisfaction. Richard Metzger / MyStockTradingBiz dedicated to providing hedge fund quality quant trading to retail investors. No system is perfect, past & present performance nothing short of amazing.


*UPDATE: MyStockTradingBiz / Richard Metzger pledges their commitment to Ripoff Report's Corporate Advocacy, Business Remediation and Customer Satisfaction Program. A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. MyStockTradingBiz recognized by Ripoff Report Verifiedâ„¢ as a safe business service.

  • Reported By:
    Pissed Consumer — Los Angelas California
  • Submitted:
    Sat, March 15, 2014
  • Updated:
    Thu, May 08, 2014

I purchased Richards day trading programs that he marketing on bizbuysell.com and this system is a total scam. He offered a demo where he showed you historical trades but they didnt reflect real life results. This guy goes around the US and sells these "systems" to unsuspecting people. He trained me for 2 days and left with my $15,000. I had huge losses and asked him for a refund since his program didnt work and he said it wasnt his fault and he cant predict the future. He does care about the individuals he sells his program to. Dont do business with Richard Metzger. 

2 Updates & Rebuttals


Owner

Meridian,
Idaho,

Confirmed fake complaint - more than likely posted by one of our competitors

#3REBUTTAL Owner of company

Sat, April 05, 2014

Our company has reached out to all of our previous customers in order to determine who might have had this complaint in order to resolve it in a professional manner.  RipOffReport has also confirmed that this claim is bogus/fake. It's our understanding that this was a competitor posting anonymously in order to damage our product/company. The individual who posted this complaint has been emailed and we have been unable to determine their identity and have not received any response. 


Pissed Consumer

Los Angelas,
California,

What he advertises

#3Author of original report

Sat, March 15, 2014

Here's what he falsly advertises. Don't fall victim to his lies

 Offering a profitable stock trading business. Included in this offer is onsite training where I will link up with the potential buyer (in your home town) and provide training on running the three trading systems I developed. These 3 algorithms are automatically traded using the Trade station platform. 

The first system is called the O1 Overnight Gap System. This system takes advantage of overnight gaps when the conditions are ripe. Since 1 January 2003, this system has returns of 7.89% per month. 

The second is the B1 Breakout System. This system is a breakout day trading system and has had returns of 4.66% per month since 1 January 2003. 

The third system is called the T1 Burst System that places intermittent trades as the system dictates. This algorithm generates returns of 7.82% per month (going back to 1 January 2003).

Combined, these algorithms generate over 20% per month. I will provide 2 days of onsite training to the buyer. These trading systems are purely mechanical, meaning you do not need to use any judgment. Furthermore, they are Autotraded by tradestation platform - meaning once the algorithms are loaded on your PC, the algo will automatically place trades (with targets and stops); you just have to monitor existing positions. No need to actually manually place the trades or to be sitting in front of your computer.

This can be done from home with minimal time required (5-10 minutes per day). This trading business is ideal for someone looking to diversify their income, with a minimal time commitment or someone who wants to learn to day trade. 

Earnings shown assumes a starting account size of $15,000. This initial account size is fully scalable. You could start with as little as $5,000 and expect to earn about $1,000 per month. A starting account size of $50,000 could expect gains of about $10,000 per month! This is the real deal. 

Call or respond to this ad to schedule a demo.

Respond to this Report!