I had a terrible experience with the company as well. I signed up for the program and was not impressed at all. I went to a Las Vegas meeting and I couldn't find a single trader that could say " I am doing well" it was more like " I hope that I'm going to do well" and "no one really wants to admit they aren't doing well". Meanwhile Teach Me To Trade was continuing trying to sell, sell, sell more classes. Just take this class and then you'll understand.
Next thing you know they mailed me some CD's and said that is the class. Imagine that after all that hype and then they just mail you a CD. Wow. Well I called up and they said you can also take a physical class as well (ends up alot of students got upset).
If you had followed one swing trade strategy that they pushed anyone would have gotten chewed up and spit out in the market over the last year. Based on all the information I can gather, I would be shocked if more than 20% of the students were successful. I'm giving 15% on luck and 5% based on a gift from God.
What an appealing sale. "Let us teach you how to trade and financial freedom is yours." Boy do I feel really stupid now.
$ 8,000 for a two day private and personal session with an "expert trader" that will show you a proven method to make money in the market. If the expert trader could show you one way to make money in the market it would be worth that and more. Found out later through another trader that they pay the trader $ 1,000 a day and keep the difference. In reality I don't even believe the "expert traders" have winning accounts or used the methods being taught.
People looking for another way to make money are being slaughtered by this company but Teach Me To Trade covers their legal tracks though making it difficult to sue. "educational purposes" is not regulated and you really have to think twice about spending good money to chase after bad money (it's all bad karma).
I figured time will catch up to them. You hope the law can see through that because the reality is that alot of innocent people are getting hurt in a big way.
I went to see an attorney and found out that eventhough they verbally gave earnings claims during the sales process that I would have to hire an attorney in Utah etc, etc. It ends up your throwing good money after bad.
The sad thing is that Whitney Education/ Teach Me To Trade has now teamed up with Rich Dad Poor Dad and they are advertising heavily. People are very desperate right now to find another way to make money and Teach Me To Trade must be making a sick amount of money all at the expense of people wanting to improve their situation.
If your putting together a class action. I'll be another victim.
Why file a report here? Ripoff Report is a permanent record! Other complaint sites copy our content then remove reports for money.
