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Report: #227035

Complaint Review: Teach Me To Trade (Star Trader) , Whitney Education Group, Wealth Intelligence Academy - Cape Coral Florida

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  • Reported By: Sugar Grove Ohio
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  • Teach Me To Trade (Star Trader) , Whitney Education Group, Wealth Intelligence Academy 1612 E. Cape Coral Parkway Cape Coral, Florida U.S.A.

Teach Me Trade (Star Trader) , Whitney Education Group, Wealth Intelligence Academy Rip Off Education, Was Not Tought How to Trade, Poor Coaching Skills Cape Coral Florida

*Consumer Comment: Pure Fraud

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I attended a 3-day seminar called Star Trader for $199.00 back in the fall of 2005. The seminar gave an introductory of Option Trading. I did not purchase the educational packages offered at the seminar because price; however I really liked option trading. The cheapest package was around $8,000. On many occasions I received numerous phone calls from Star Trader & Teach Me to Trade during the next 6 months. In March 2006 I finally purchased a course for $6363.00. The sales rep told me the course would teach options. This is the only reason I was interested in the course.

I was told I would get a Coach assigned within a week. It was about 2 weeks going on 3 weeks before I finally was assigned a Coach that would accommodate my schedule. I completed 16 1 on 1 weekly calls. My Coach never called on time, always ended the calls early, and most of the time the calls were just chitchat; et: How are you, what are you up to, etc. I was told the calls would be 1 hour. Most of the calls averaged 35 minutes. Coach did not go over the lessons with me as I was told they would. Instead he asked me if I had any questions. The bottom line was he did not teach me a thing about trading and more importantly taught me nothing about Option Trading. In fact my Coach rarely traded options. I mentioned this to him many times. It wasn't until the last few calls that we even talked about options.

The amount of money paid for this course is clearly a rip-off. The Coaching is not worth a dime and they don't teach you anything. As I read the other Rip-Off reports posted on the website it is very clear this company needs to be stopped. All you get is a couple of manuals, which really are just the basis of trading and not a thing about option trading, as I was told by the sales rep who sold me the package would include. I want to join all the other people that have been Ripped-Off by Teach Me To Trade and get this company stopped. I also want a full refund of my money. If any body can help me accomplish this please let me know what steps to take.

Sugar Grove, Ohio

This report was posted on Ripoff Report on 12/24/2006 01:36 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Pure Fraud

AUTHOR: Alan - (U.S.A.)

POSTED: Sunday, December 24, 2006

People who know about trading options, are doing just that; trading options. They are not sitting in a bunker working for commission for some scumbag operation. Of course your "mentor" does not know about options, he does not know about anything, what you have here is likely some guy who just quit the hamburger fry house and the bunker job is a huge promotion. He is simply reading from some script, and I am surprised he did not say "do you want frys with that". Read the other posts and do whatever you must to get your money back from these sociopaths.

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