Martin Cole's PAT software
This is a discussion about Martin Cole's PAT software within the Due Diligence Forum section, where you will This forum has been created for those who seek information regarding the backgrounds of and/or the experiences other members have had with a trading related service.; Does anyone have any knowldege or experience of this software and the trainig course offered by Martin Cole, seems genuine, but it is always hard to get any independent info. Thanks
December 30th, 2004 07:07 PM #1
Martin Cole's PAT software
Does anyone have any knowldege or experience of this software and the trainig course offered by Martin Cole, seems genuine, but it is always hard to get any independent info. Thanks
December 30th, 2004 07:50 PM #2
I agree - it's very hard indeed to get hold of any independent information. I remember doing a major internet trawl for it, starting off with a google search, a year or so ago, and finding some rather off-putting things. I decided to "resolve the issue" by buying his book and making up my own mind about the guy, as a result of which I actually have a copy of "Trading for a Bright Future" sitting here. (I believe actually that he "had it written" for him by an "editor".) Can only give my own opinion, of course, but I think it's probably the worst value trading book I've ever seen in my life. If you want to borrow it, you're very welcome, and I'll even pay the postage for it myself, if the Shetlands is really where you live. Send me a PM if interested (otherwise I'll assume that you're really Martin Cole posting here under a pseudonym as part of the process of trying to tout for business - only kidding ). It must be pretty cold up there, this time of the year? If you want to use this book as kindling I wouldn't be too cross about it.
January 2nd, 2005 11:46 AM #3
I had the free information but the only way would be to take the full course and rent the software and that is very expensive. As with all these things if it is so good why sell it, why charge so much for the training course and then rent it on amonthly basis. I think it was about £500 a month, that is a lot to make before you get any money. If I remember it works out at a £3k investment with no chance of return. I understand he now has a UK full time agent and they do show some live trades that may be an option if you are interested in it. As far as write ups go there seems to be no adverse ones that I have seen. If the two day course had been a lot cheaper and used as the selling tool then it would have been worth attending, but as it stands I think too much risk. Good luck
January 2nd, 2005 01:00 PM #4
But have you seen any good ones from genuine, independent users? Originally posted by stockpick As far as write ups go there seems to be no adverse ones that I have seen.
Can understand that, of course. And from my point of view all the more so given my comments on his book, above. Originally posted by stockpick ... as it stands I think too much risk.
January 2nd, 2005 03:26 PM #5
Thanks for your input. I tend to agree, the upfront cost and on-going rental makes this an expensive risk. As a new trader, what I am looking for is a really good grounding in forex trading. I don't mind paying for this if the infomation can be used to help make me into a succesful trader. However, the more I read the more confussed I become with so many differing opinions. If only there was a reliable proven course and stratgey where new traders can learn their trading skills
January 2nd, 2005 03:28 PM #6
Thanks for offer of book, I will take you up on this once I can gain access to private messages.
January 2nd, 2005 04:59 PM #7
Oops, sorry ... had not realised you cannot send PM! I will send you my email address and you are very welcome to borrow the book, no problem at all.
January 2nd, 2005 05:37 PM #8
Sorry no independent ones, only the ones listed on his site.
As for how to trade moneytec has all the methods, in brief ( or my way )
1 Good Money Management
2 Use pivots to give a range guide
3 Use candle patterns at the end of runs
4 Use chart patterns e.g. trendlines, triangles et.
5 Ma's only to indicate trend
Its all on this site........and it's FREE
October 13th, 2010 02:56 AM #9
Martin Cole here, I'm sorry that you didn't find the book of any value. You could have returned the book within 30 days for an instant refund no questions asked.
I have just realised that it is a very long time since this post was actually placed on the forum so possibly you have moved on a long way since then.
I do feel some of the comments here are a little unfair. Firstly my software is nowhere near £500.00 secondly, I do offer a completely free introduction to trading on how I view the markets. I'm not saying that how I view the market is the only way to success, I'm simply saying this is how I view the market.
I never visit forums and tout for business in any way whatsoever (although in the very early years I may have been guilty of this)
I have been in this business near 20 years, before the days of the Internet and before the days of the self-proclaimed trading guru. I'm now 50 years old and for the most part retired living in New Zealand but I am only too pleased to offer a helping hand for anyone who is genuinely interested.
Even when I used to hold live personal training courses by setting up a live dealing room during those training courses I would always trade live with real money in real-time.
Finally I would like to say that I do not see too many traders posting their live trading videos with contract notes on the Internet, personally I have always done this, I have always shown exactly what I do and showing proof of the trades taken.
Once again I'm very sorry you feel you did not receive value for money.
All the very best from my family to yours.
October 13th, 2010 02:44 PM #10
You may not have notice, you have replied to a post nearly FIVE and three-quarter years since past. However, it may be of value to the readers and membership if you provided some acquired details of your system generated over the course of those years that would support your publication.
Thank you for the consideration,
For this Claimant, a Public Statement, Accepts No Liabilities to Claims, for the Posting, for the Poster, for Post Readers, by this Claimant: Rich14304
January 24th, 2011 11:28 AM #11
I plan to buy martin's book but didn't get positive comments so far. Martin, why not you list out the table of contents please. I don't like to return any books that I plan to purchase as the delivery charges is higher than the cost of the book.