Complaint Review: tradethink - Santa Barbera California

Chris Morse in his rebuttals says the best time to start trading is during periods of large draw downs. Not true if no trend has developed. If the commodity markets move in a sideways consolidation the tradethink system cuts the capital to ribbons. 15 months of consolidation was enough for me. He makes tradethink performance look the way he wants it to look. He's already done it with false claims about a big silver profit last year. Chris is desperate to repair his reputation. Chris, you do it by selling a good product, admitting when you make mistakes and not being shady and deceptive. 

He talks but he doesn't say anything. He says he's proud to show you the bull he's got at his website. He says the best time to start trading is during draw downs. I traded during draw downs according to the system rules and lost even more money. He will never address the crooked broker he sent me to. That broker blew my account to hell a few weeks after i stupidly paid for a second year of signals. How can i use the tradethink signals if the broker Chris Morse sent me to blew my account up and i have no more money left? You guys talk some sugar coated crap. And that's all it is.

As stated markets go up and down anyone that thinks otherwise is naive and uneducated. We show drawdowns on all reports and anyone can and should expect these periods.

There is no such entity as Morse research, any further mention will be construed as liable. I did some research and there is a Moore Research, not Morse research.

We provide a system signal package. What anyone does with the signals is their own responsibility. 

I am happy yo provide anyone that wants access to all of my signals and you be the judge. If you see winners then great. If you see losers, well the markets go up and down. 

Unfortunately most traders trade in a counter productive manner and will watch the markets with intrigue while they go up during trends and then become scared in times of draw-down. Trade disciple is one of the most important aspects of trading and no system can do this for anyone.

Good Trading 

The Developer at tradethink failed to mention anything about my results. I did not cry wolf, override the system and get out at the bottom. I traded for 15 months according to the systems signals and lost 30%. He's full of crap, TradeThink is a scam. His remark that he does not use the past to predict the future is more bull. The past is always a factor in his calculating probabilities. What about the fraudulent broker he sent me to? He tradethink sent me to a crooked broker who defrauded me one week after i paid $14,000 for signals, and tradethink would not give me a refund. Isn't that a mitigating circumstance which deserves a refund despite the no refund policy?If he says he does not know anything about Morse Research Center that is another lie. This guy  repeats, repeats and repeats lies. He figures if he can keep the bullcrap alive he may be able to convince another ignorant trader to give him their money. TradeThink is a loosers game. Traders looking for a working commodity trading system need to look elsewhere unless they need capital losses.

First and foremost TradeThink is proud to offer a complete and unconditional review of our trading signals where a trader can see every trade signal entry and exit that Trade Think generates. Unfortunately many traders trade in a counter productive manor. From time to time, some of our trade signal reviewers do the exact opposite of what it takes to trade successfully. The best time to start trading a strategy is during a draw-down. Some prospective clients with hopes of a get rich quick scheme will wait and watch. They will wait and watch a series of losing trades and then watch a series of winners. Unfortunately, winners come after losers and losers after winners.

Below is a response I just posted in response to the same poster on another website: 

Wow, as a trader and former registered CTA I am aghast. Why would anyone think or believe that the past repeats the future. 

I have been trading and developing systems for nearly twenty years. Whenever there is a draw-down the weak cry wolf. I suppose if others could develop their own systems and have the discipline to stick with them it would be a different story.

Any astute and educated student of the markets knows that there are ups and downs. Top traders that have gone through big swings; Richard Dennis, Bill Dunn, George Soros and the list goes on and on.

This is the first time I have ever heard of or mention of a entity called MRCI. I am the developer and president of TradeThink. I welcome anyone with calls for knowledge or that may have a concern on how systems work.

Good Trading,

President/Developer
TradeThink, Inc.