X  |  CLOSE
Report: #1061266

Complaint Review: Trade Stocks America.com - Wilsonville Oregon

  • Submitted:
  • Updated:
  • Reported By: Tim — Los Angles California
  • Trade Stocks America.com 29030 SW Town Center Loop East, Ste 202-436 Wilsonville, Oregon USA

Trade Stocks America.com Trade Stocks America - Stock Day Traders - Rip-Off / Scam Wilsonville Oregon

*General Comment: TradeStocksAmerica

*REBUTTAL Owner of company: TradeStocksAmerica Trading Room

Show customers why they should trust your business over your competitors...

Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Caveat Emptor > Let there be NO Question - this is a scam - with ZERO Training after you get in the room, to make matters worse they do not make live calls, "everything is after the fact" they just say they are LOOKING at a stock, then latter will say they got out of the stock and praise themselves ) No ENTRY calls -

 Mitch Kings Partner a person masquerading as JoeyTSA does most of the texting in the room JoeyTSA - who has the max vocabulary of about fifty words very shady character - Never Once - did anyone come on the mic to speak of anything at all, ( Mitch King - "not even once" came on a mic in the trading room ) you know there is a scam when the market makes big moves and there is no commentary, its pretty clear no one is paying attention.

** Prepare your credit card for a Charge Back if you join, and ask them about refunds before because they have had many -

It should also be noted there are less than 20 people in the room and it appears at least several of these are personal friends, do yourself a favor and save your money and valuable time.

They will never show you any LIVE trade they are in, the scam is they will tell you 10 stocks they are
MONITORING, then come back latter and say one or two were great trade - FRAUDS 

This group has been reported to the proper athorities and they are being monitored under multiple URLs. 

Your Typical Scam - starts with the 14.95 CD Lead-In, along with Testimonials from people "AT" a seminar

latter followed up with email invitations to Las Vegas when they have already netting 100s of thousands, from newbie daytraders.  

 

This report was posted on Ripoff Report on 06/22/2013 12:10 PM and is a permanent record located here: https://www.ripoffreport.com/reports/trade-stocks-americacom/wilsonville-oregon/trade-stocks-americacom-trade-stocks-america-stock-day-traders-rip-off-scam-wilso-1061266. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
1Consumer
1Employee/Owner

#2 General Comment

TradeStocksAmerica

AUTHOR: DaveFriday - ()

POSTED: Thursday, December 26, 2013

Let me first say that I am in no way an owner or friend of the owner of TradeStocksAmerica (TSA). I am a user of the service like many others and I was introduced to TSA at a Traders Expo. In other words, I'm just an average guy with nothing to gain or lose by sharing my opinion. I have been everything from a Stockbroker to a daytrader and I've seen many a scam come and go. There are many opinions as to what a scam looks likes but I can assure you that TSA is not a scam.

I found Mitch King and TSA because he gave a legitimate FREE seminar and demonstration at a Traders Expo where a scam could easily be exposed. To be quite honest, when I first read his claims I thought, "Oh wow... another go-nowhere website charging for nothing!". But after Mitch demonstrated the service he charges a fair price for in a real time environment I was intruiged. As luck would have it, this particular Traders Expo was held in the hometown of JoeyTSA who I had the pleasure of meeting. He is not only intelligent but very helpful and sincere. As I understand it JoeyTSA met Mitch for the very first time at this same expo but has been a "paying subscriber" to the service for many years. I also had the pleasure of meeting Mitch's family at the Expo... and you see, that's why I signed up for the service... any man that is willing to envolve his family in his business has nothing to hide behind. Mitch is a family man that loves and provides for his family in an honest and sincere fashion. I found Mitch and his family to be an open book with geniune desire to help the business grow and traders to achieve success. There seems to be this taboo attached to anyone that tries to make a good living by providing a service for which they charge a fee. Heaven forbid a guy should make a buck these days. Is the service that TSA provides expensive??? Well, lets say it's not FREE... and frankly, I have learned that you get what you pay for and if you paid nothing for it, it's probably worth pretty much nothing!

I made a commitment to try the service for 30 days. If I earned enough money in that 30 days to pay for 6 months of the service I would keep the service. Last week 1 day alone I made $730 in one day and it was 100% from the Buy & Sell signals that MITCH assisted me on in the "Live Trading Room". Needless to say, I will be keeping the TSA service. JoeyTSA is a huge help identifying potential opportunities PRIOR TO THE MARKET OPENING BELL! Today alone I wittnessed a BUY signal on TWTR "REAL TIME" that signaled an entry at 32 minutes into the trading day that accurately identified the Low of the Day. That was followed at 2 hours and 10 minutes into the trading day with a SELL signal at the high of the day for a very profitable 6% gain in under 2 hours of trading. Throughout that move Mitch tirelessly and professionally coached all that would listen on how to get the most out of that trade.

As a former Stockbroker I understand the legal restrictions Mitch faces with regards to giving investment advice. He can't tell you where to Buy or Sell... he would get into big touble... he can tell you what to look for and what he would do, but he CAN'T tell you what to trade... believe me, it's very hard to keep silent when you see an opportunity but in Mitch's position that's exactly what he MUST do. What trader in the world would tell you where he or she got into a trade??? And no one is ever going to tell you where YOU should enter or exit unless they can legitimately charge a management fee for that service.

So here's the bottom line... if you are looking for a website that will train you to trade the market I can give you a list of them but bring your Platnium Credit Card because they all charge $5,000 to $10,000... and they don't like to do refunds either. If you are looking for someone to tell you where to enter and exit the market I have another list of stockbrokers and RIA's that will be happy to speak with you... oh, BTW, they require a minimum account size of $100,000 and charge 2% or higher Management fees. But if you are looking for an honest website that will "assist you" in locating opportunities, that fosters a community of averge Joe day traders that unselfishly identify and share opportunities FOR NO COMPENSATION AT ALL, save the occasional "Thank You!" and a service that, Yes... there is a monthly fee for it, but it's a fair price... that can identify high probability entry and exit points "Real Time"... then I would give Mitch's TradeStocksAmerica.com a 30 day look and see for yourself.

Mitch King and community of day traders that choose to offer their tireless assistance at TSA are no scam...

Good Trades!

DF 

Respond to this report!

#1 REBUTTAL Owner of company

TradeStocksAmerica Trading Room

AUTHOR: Mitch - ()

POSTED: Friday, July 19, 2013

What we try to do in the TradeStocksAmerica Trading Room is point out stocks that are on the move.  We teach the other traders what we are looking for, whether it is to buy on the next bottom, or short the drop and buy back at a lower price or buy early near the opening for a stock that is moving up.  We want the traders to learn what the bottom and tops look like on a chart so it is up to traders when and how to handle the trade. 

We would rather teach a trader “how to fish” instead of "handing them the fish" as the old saying goes.  We have been trading successfully this way for several years, and these are very effective techniques.

A majority of these ideas occur in the first 90 minutes of opening of the regular trading hours and then the flow of ideas slows down substantially throughout the day until the last hour and it picks up again.  We find that talking on the mic is distracting for most people, and we only do this during teaching sessions or webinars.

This person posting this complaint was banned from our trading room because of his negativity and overall bashing of other traders, for no reason that we could see.  Our purpose for creating the trading room is to create an environment where we can share ideas and share the task of finding good setups for what is mostly day trading in stocks, futures and forex.  It is a great group of people sharing and teaching.  It is the best group of people I’ve worked with in 20 years of trading. 

When you come in to a trading room and work with other people, you want to try to do it in a positive way.  Try to get ideas that will work for you, and if you have ideas, you are welcome to post them too.  Life in general, if you are negative and bashing people, things are not going to go well for you.  Try to approach things in a positive way, and you will get a lot more out of life.  Thanks for trying us out though!

Respond to this report!