- Report: #1092861
Report - Rebuttal - Arbitrate
Complaint Review: TARGET DAY TRADING
TARGET DAY TRADING848 N. RAINBOW BLVD, #451 Las Vegas, Nevada USA
TARGET DAY TRADING TODD RAMPE Todd Rampe of Target Day Trading is an Account Drawdown Pro Las Vegas Nevada
*Consumer Comment: Put Your Money Where Your Mouth Is!
*Consumer Comment: Disappointing and flippant response from Todd Rampe
*REBUTTAL Owner of company: I wish you the best.
*Author of original report: Target Day Trading Drawdowns Exposed !
*REBUTTAL Owner of company: Todd Rampe's Rebuttal
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Target Day Trading by Todd Rampe is a Futures Trading Signal Service. Tood has a website and slick video on it, but DO NOT be fooled. If you enjoy losing trades, if you enjoy drawdowns, if you enjoy another internet marketer who makes empty promises, then Todd Rampe is your guy. After seeing his video sales pitch, I signed up to my dismay. After only 3 week of his signal service, I had to pull the plug.
This is how the scam goes. On his videos, he will show what I call the "spectacular results page" of his trading. However, you will note that the spectacular results are inputted by him on a Excel spreadsheet. Of course he will not show any broker statements of his performance, just an excel speadsheet. Spreadsheets are easy to plug in numbers, where a broker statement is the real proof. So what we have here is a guy who markets his service showing a dummy results page, and then charges a new group of recruits $500 a month to give consistent losing trades. Within a 3 weeks period of time after subscribing, he had losing trades every day of the week except for one day. At the end of each week, he would say it is the worst week he has ever had. After 3 weeks of taking Todd Rampe's trade signals, my account had lost almost 40% of its value. Horrific I know. He would have about 85% large losers, and 15% of small winners. At this rate, the account would be completely wiped out after about 2 months. But Todd keeps on going, charging $500 a month to give losing trade signals day after day after day. But a sucker is born every minute, so when the new recruits accounts take a beating, Tood can pull the same scam on a new group of recruits the next month. While Todd may show Excel spreadsheets with manually inputted results, the actual results with a Live Account will leave you with large losses. Todd Rampe should call his company what is really is ... "Target YOUR MONEY Day Trading." Here is the best day trading advice I can give .... STAY AWAY FROM TARGET DAY TRADING and TODD RAMPE. A coin toss would greatly outperfrom a signal service coming from this company. I understand that their are risks in trading, but no one should be subject to losing their money at the hands of someone who claims they are "all that" when it comes to trading, but in reality should definitely not be trading, and most definitely should not be giving trading advise at any price.
This report was posted on Ripoff Report on 10/18/2013 10:02 AM and is a permanent record located here: http://www.ripoffreport.com/r/TARGET-DAY-TRADING/Las-Vegas-Nevada-89107/TARGET-DAY-TRADING-TODD-RAMPE-Todd-Rampe-of-Target-Day-Trading-is-an-Account-Drawdown-1092861. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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