No matter what Wade Cook says, people do lose money following his strategies. This section is a collection of stories we have received from individuals who have either fallen into that trap or barely escaped. garywall.com
Disclaimer: We have no way to verify the accuracy of the stories in this section. Although we believe them to be true, all readers should be advised that this is the Internet -- where Elvis is alive and UFO aliens abound.
What is your story? GaryZZZZZ@aol.com
Lost on every transaction
$40,000 lighter and much wiser
Tried and tried and tried... no cigar
They suggested "Sweet trades" and people rushed to call their brokers
I worked for Wade for about a year
Very suspicious about the used car salesman tactics
Put the cost of the Seminar on a Credit card
I immediately cancelled my Cook University deal and voided my check.
When is somebody going to arrest this guy?
I have lost a few thousand in the market playing the WIN trades
"Double SOME of your money?" That could mean a whole LOT of things, couldn't it?
The guy sitting beside of me answered the speaker's questions as if they were scripted.
It appears he may deserve the reviews.
So my winners were small while my losses were huge
If this guy can afford these expensive mailings, his strategies must really be working
The "clinic" turned out to be a 3 hour "live infomercial"
But then I started facing problems never mentioned by Wade.
Made $5000 in three weeks, but then ended up losing $8000.
I really wouldn't want to stand in his shoes having used the veil of Christianity for personal gain.
I am a senior in high school
I lost $3000.00 in 3 months
The instructor was repeating portions of the WALL STREET MONEY MACHINE verbatim
The reason alot of us do give him any weight at all is because he says he's a Christian.
He suggested tax deductions which when tested by the IRS more than likely would put you in jail.
For FOUR straight months this WADE stock was on a crash course.
I was Wade's WIN manager for 2 years
In all, I lost all $2700 worth of stock my father left me and about $2000 of my own hard earned money
Currently, I find myself in a margin call, seeking to scrape together enough available cash to meet it.
Well, it seemed that the 'secondary' instructor that Wade had there to teach options was a rookie
If you want to spend $5,000.00 pay off your credit card bills!
At this stage, I have lost over $15,000 dollars following Wade Cook strategies
The teacher, Steve Wirrick is a snake oil salesman.
I suffered losses of more than $54,000 in capital, not including interest and related fees.
I worked for Wade Cook Seminars for almost two years.
Anyway, after all this, I lost around, ugh, 10K.
I dropped about $70,000 following this con man.
Then after losing on every trade that I got off of WIN, and wrote in telling them so.... they offered to do a number of things.
As he stormed out of the court room after the judge called him a liar and a cheat, he had the nerve to accuse me of cheating him.
I made money, but began to lose money. Lost about $10k. At this time I stopped trading.
Much to our disappointment, we lost $3,500 by executing a couple of option plays.
"Jane" lost about $4,000 following the "rolling stock" idea, and got stuck with a bad stock.
When submitting a story, remember to tell me if you wish to remain anonymous. Otherwise, I will print your name and email address.
|
