Here are some of the more interesting comments, reviews and testimonies we have received on this blog about KnowledgeToAction:
I did the course in November and traded for 4 months before realising it wasn't worth continuing. I gave it a fair shot and to begin with did make about £800 profit but then i had 6 weeks of carnage. You have to pay about £90 per month for e signal as well. All in all i paid £2300 for the course and 3 free coaching sessions with a NOT VERY GOOD coach. Paid e signal around £440 and lost about £2500 trading. Over 5 grand written off. I bet on a semi pro basis on horses and sport and it is a lot easier to make money this way. I've been doing this for 20 years and this is what i'll stick to. Take notice of this DO NOT WASTE your money on 1 of these courses YOU WILL REGRET IT. Anybody wanting to e mail me fell free to do so at euan150@yahoo.co.uk if you would like advice on how to make money from betting. It isn't that difficult. The only problem is actually getting bets on with the so called bookmakers. After a while if you win consistently they will close your account or restrict your bets.
I have filed for a court case against Knowledge to Action Ltd at my local county court, YES, I am suing the company at the moment. Their presenters misled me and tricked me to sign up with their course. They told me that I would be able to make £2,000 a month with trading capital of £2,000 by only trading 20-30 minutes a day. I was told this is achievable after 6 months of attending their two-day training and using their methodology.
It was a big lie, I was a newbie and did not know that it is absolutely impossible to achieve 100% return on my trading capital each month. Later, I discovered that you need £30,000 – £40,000 or more trading capital with very good trading experience and excellent discipline to possibly make £2,000 per month. I was conned, I lost money on trading and had to pay £32 per month for using ShareScope software.
The FSA has just issued an alert against Knowledge to Action.
http://www.fsa.gov.uk/pages/Doing/Regulated/Law/pdf/knowledge.pdf
Additionally I saw they were advertising in the jobs section of the Guardian, please complain to the Guardian about this fraud, the more people complain the better.
I wish I had read the comments above 3 months ago. I have attended a 2 day course at a cost of in excess of £2,000 and although the course content looked plausible and aspirational, I have not seen any rewards nor has most of my peers who attended the same course.
What Traders University conveniently leave out of their promotional seminars and literature is this: they're selling a strategy for gambling. It's not investing; it's betting whether the price will go up or down, nothing more. If, like me, you're not a gambler and have no wish to gamble, finding out on the course is a little too late.
Hi Guys,
I attended the trader’s secret seminar this weekend after receiving an invitation through a trader’s website. The information they presented certainly was convincing, working in sales I knew that all the bull about turning £2000 into £1,000,000 in 9 years and only risking 1% was a load of rubbish. Ultimately the whole thing was about getting easy money out of you.
Although I’m a total amateur when it comes to investing, I know how hard it is to raise the £3000 they were asking for and I’m damn sure I need a lot more hard evidence than what they showed me to part with it. If you are attending the free seminar please ask yourself these questions when you are there:
1) If you had a sure fire way of making money on the stock market would you be standing up there presenting to the average punter and sharing the strategy?
2) Can you really afford to lose £3000 to these guys if it doesn’t work?
3) Out of the 50,000 people they say they have trained why do they only show one or two people in the video who say it’s worked for them? What about all the people it hasn’t worked for?
Although the 3 hour presentation was an interesting in site to spread betting I won’t be booking my place on they course, I think I would rather spend the time talking to my bank or doing more research.
If you believe Knowledge to Action is a scam and you have been conned by the company please report them to Consumer Direct 08454 040506, http://www.consumerdirect.gov.uk/scamnesty and the Office of Fair Trading by sending an e-mail to sc@mnesty.net
I went on their basic course back in October. I have only recently been able to start making a decent profit. I'm now up by £700 on an account of £10,000 over the past couple of months. Before then I kept floating around my starting level. I achieved this by paying attention to trend lines (as my coach told me to) but I haven't used any of their specific tactics for a long time. In fact if you were to follow their rules strictly there's probably very few trades you could place on a daily basis!
I thought the course was a good introduction to trading, albeit overpriced. However, as some people have no doubt found out it is much more difficult than advertised by K2A. The stategies they teach you are used by professional traders (I come across some of them in a book on candlestick patterns) but such people will obviously have a lot more information and experience to assist them. It also helps if the market is constantly heading in one direction - the profits I've made recently coincide with the FTSE shooting up after a few months of oscillation (which was when I wasn't making any money).
For those who are entirely new to spread betting K2A don't tell you about how spreads work and the mechanics of bid/offer prices. They also give the impression that you can enter a trade at exactly the level you want - not true.
What I found most interesting while there was the trading floor - which didn't seem to be particularly full. Are the people who use the trading floor full-time traders? Are they loaded from trading? I didn't see any Aston Martins nearby...
In summary I think K2A give a fairly good introduction to trading but they're definitely overpriced and make it seem much much easier than it is to make good money.
I agree with the above, the course is certainly not for the complete beginner the two day course i was on had an OAP female on who did not understand even the simple things! who on earth
took the money from this lady, disgraceful!!!
personally i am glad i done the course as i am now trading and losing money! only started with a small account £500. which is really to small to earn any significant amount of money. i have since opened a demo account of £10000 and have made a £1200 profit in 9 days,not by using K2A stategies which are rubbish .There are plenty of very good free websites on spread betting make good use of these before paying for anything.I do think its a way of making extra income but probably not replacing your whole income .
You can do the 1 day Technical Analysis and/or Forex course at CMC Markets for just £100 and be taught by REAL professionals. And they don't spend half the day trying to sell you anything else.
Alternatively, you can buy and read "Trading for dummies". Cost £16.99 (not £2300) and you'll learn more than you will from those lying dummies at K2A.
K2A is a scam. They are not professional traders and don't have a real trading floor. They make money coning people into taking their grossly over priced rubbish courses.
When you talk to those people it's like talking to a Time Share tout who is also a member of a cult! Unbelievable.
If people here feel so strongly about them why don't you get their venues list off their website, turn up and hand out leaflets to attendees warning them that they are about to be scammed and also giving this web address. Now that would really get the shisters back!!!!
Hi there. Well, I've just returned from the two-hour introductory session.
I'm a bit of an old hand at these things and have been on other investment company intros as well (out of idle curiosity) such as property developing ones. So today I went under my pen name and did not register my address or mobile number; the first thing that happens is that you get a phone call asking you to sign-up. At the registration desk, the guy said he needed my phone number as someone would call me to ask me for feedback. I just told him that I prefer to keep my address and phone number private, but included an email address which I use for such purposes.
Anyway, it was more informative than what I am used to, even enjoyable, but, yes, totally useless unless you go on the full two-day course. I would say I picked up a couple of useful pointers for where to start doing my own research/training - so thanks very much for that!
The other important thing to note is that there seems to be no way of signing up for the full course unless you go to the free seminar - so the "discount" you are offered is a fantasy-saving. As with all these intros, the whopping price tag comes right at the end after you've been buttered up with phrases like "change your life" and "never work again", etc. These huge numbers rarely stay on the screen for very long and are quickly replaced by a "Here's what I'm going to do for you today" deal. The trick they use is one by which you are convinced that the price of the course is insignificant when compared with the kind of money you could make using their "strategies" in the mid-to-long term.
Anyway, that's my two pennyworth. I won't be forking out £2.5K for a weekend course. I have an ex-trader friend and she said I'd be better off learning from a book or the internet.
Hi all
ReplyDeleteMany thanks for the construcive comments above.
Having been in business for many years now, the emotional impulse sell and buy now often come down to the 'it's too good to be true' scenario'
This page has confirmed this exactly as expected, and useful inoformation from the FSA as well
Kind regards
Hi,
ReplyDeleteIt is very interesting to read these comments and it really is a shame that people are being taken for a ride like this.
There is actually a real way of learning how to trade, that is to find someone that actually lives up to the hype the kta appear to be pretending about.
I found a guy in the US who has been trading real accounts and still does trade real accounts up to the value of $45m.
They setup a company that trains traders and gives them real time signals free for three months after they train you.
There isn't a big publicity machine behind it, which is probably why not too many people have found out about it yet.
Anyone who has been conned by these guys, please get in touch with me and I will show you a very different way that things can be done.
nasar@thetradersacademy.com
Hi, I agree with all of the above. Definitely a big selling machine. I signed up for the 2 day course and consequently the unlimited wealth course also which was £15,000 plus vat. I have found the company unorganised, no help is given with booking various courses. None of the strategies really work and my account is down 4.5%, my coach seems a bit confused about things sometimes. There was definitely a hard sell, I was told that I would get my money back on my first boot camp, which was absolute rubbish. I was not told I had a mentor until two months after I joined. I do not fully trust the mentor and he definitely does not have a mentor attitude, i don't think he could give a damn to behonest. They have a thing called success coaching which bought up a lot of things from my past and I ended up getting anti depressants from the doctor. Their strategies do not work and they make money from e signal and the trading platform shares our losses as gains with knowledge to action. I found that some of the strategies work against each other, ie you could do 1 of 2 strategies by the set up but one would be long and the other short. Would really like to know how to get my money back from them as it appears to me that Greg Secker is wealthy from the profits he makes from knowledge to action. They have a cocktail evening every 3 months, the last one I attended there were people trying to sell dodgy property deals from the states that were definitely dubious.
ReplyDeleteI'm a "friend" on Gregg's Facebook account. All of his pictures are either of toys (Cars, Horses, Travel) ... OR... Speaking to large audiences... That's got to tell you something.
ReplyDeleteThis is a sales business that relies on people thinking "my downside is £2k but my upside is Millions" ... Gregg constantly posts his 3 month outlook for currencies based on the news but his strategy is all about quick trades based on technicals???... why not just post his past months trades and silence the critics??
I also see a picture of him in front of a big sign saying "Peak emotional state" ... I know City traders and they are taught to AVOID trading in peak emotional states???... I think peak emotional states often lead to making poor buying decisions... Why would Gregg want that I wonder.
I attended the training seminar in St. Albans, it was around July 2010 I think.
ReplyDeleteThe guy was saying things like "At the weekend I drive my Ferrari to the airport to fly my plane"
I waited outside to see his Ferrari, but it was actually an old golf.
Other alarm bells were setoff like when he said he was in a trade, I noticed that he was trading a demo account.
I searched the net and managed to get his powerplay method for free and although I've never traded it seems incomplete to me. Looking at candle sticks and moving averages will not make you money.
One other thing, do not pay for esignal, use stockvision instead, it has no monthly fee's and the preprogrammed filters are far more profitable than powerplays. The guy that made SV is an absolute saint and deserves your money, a real credit to the trading scene.
Anybody who tells you trading is easy is lying, no system will ever work consistently, markets change, stock behaivour changes
I've been trading since July 2010 and I am profitable, I started with £2k and am approaching £12k now at the time of writing, but do not be fooled, this is by being in front of the screen from 7am to late every single night and most of the weekend. In the last six months I've actually developed wrinkles on my face aswell!
It's not impossible to make money but if you are looking for a get rich scheme the stock market isn't it, unless of course you have years of experience and a massive starting balance. Expect long hours and I mean long, and expect to make mistakes and loose trades aswell as your personality and all your friends!
Also I must stress that I am lucky, very lucky because I know many other traders who are still blowing up demo accounts after 2 years.
Trading is something that you have to devote your whole life too and that is not an exageration, you need to be obsessed with it to the point that it's all you ever think about. Even on the weekends you need to be busy working out strats and keeping up with what's going on in the world.
What I've learnt in 6 months is impossible to learn on a 2 day course and the only way for you to learn is to start finding out more about the markets yourself, there are no shortcuts no matter how much you pay, check out one of the free sites such as trade2win.com it's packed full of information.
I know I'm probably going to get emailed so I'll answer anyway:
My trading strategy is based on RSI, MACD histogram and the aroon indicator, I got the idea from picker304 however I combine this with tape reading and market analysis. Other trades I place are AM gap downs and pump and dumps, like I've tried to stress all of this is totally useless unless you understand how the stock market works. These strats come built into stockvision anyway so if you want to copy them just download the demo version.
anyway if you have any questions email me leereesZIPgmail.com (replace ZIP with @)
I attended the training seminar in St. Albans, it was around July 2010 I think.
ReplyDeleteThe guy was saying things like "At the weekend I drive my Ferrari to the airport to fly my plane"
I waited outside to see his Ferrari, but it was actually an old golf.
Other alarm bells were setoff like when he said he was in a trade, I noticed that he was trading a demo account.
I searched the net and managed to get his powerplay method for free and although I've never traded it seems incomplete to me. Looking at candle sticks and moving averages will not make you money.
One other thing, do not pay for esignal, use stockvision instead, it has no monthly fee's and the preprogrammed filters are far more profitable than powerplays. The guy that made SV is an absolute saint and deserves your money, a real credit to the trading scene.
Anybody who tells you trading is easy is lying, no system will ever work consistently, markets change, stock behaivour changes
I've been trading since July 2010 and I am profitable, I started with £2k and am approaching £12k now at the time of writing, but do not be fooled, this is by being in front of the screen from 7am to late every single night and most of the weekend. In the last six months I've actually developed wrinkles on my face aswell!
It's not impossible to make money but if you are looking for a get rich scheme the stock market isn't it, unless of course you have years of experience and a massive starting balance. Expect long hours and I mean long, and expect to make mistakes and loose trades aswell as your personality and all your friends!
Also I must stress that I am lucky, very lucky because I know many other traders who are still blowing up demo accounts after 2 years.
Trading is something that you have to devote your whole life too and that is not an exageration, you need to be obsessed with it to the point that it's all you ever think about. Even on the weekends you need to be busy working out strats and keeping up with what's going on in the world.
What I've learnt in 6 months is impossible to learn on a 2 day course and the only way for you to learn is to start finding out more about the markets yourself, there are no shortcuts no matter how much you pay, check out one of the free sites such as trade2win.com it's packed full of information.
I know I'm probably going to get emailed so I'll answer anyway:
My trading strategy is based on RSI, MACD histogram and the aroon indicator, I got the idea from picker304 however I combine this with tape reading and market analysis. Other trades I place are AM gap downs and pump and dumps, like I've tried to stress all of this is totally useless unless you understand how the stock market works. These strats come built into stockvision anyway so if you want to copy them just download the demo version.
anyway if you have any questions email me leereesZIPgmail.com (replace ZIP with @)
I went on their intro seminar last week and paid a £250 deposit which I now want refunded.
ReplyDeleteI have sent 3 faxes to them, emailed 4 different people and phoned them 8 times now. That's in just under a week.
How difficult is it to get a refund? Very difficult because they are a bunch of scheisters!
I attended an intro session yesterday. They have since emailed and called me several times. The last time I spoke to them, a few hours ago, they were literally imploring me to pay a refundable deposit even if I have not made up my mind about trading. From the beginning it all seemed to me to be a fraud. Two questions I asked myself. If they can make so much money trading in one hour, why the hell will they care about spending time trading other people. And even if they cared, and really wanted to help, if they are that sure of their strategy, they could let their trainees pay them out of the profits they make when they start trading.
DeleteNext time they call me I am gonna hang up!
I've done my training with KTA and they're excellent. I would recommend them whole heartedly. Im enjoying my Forex experience, and moving forward in making money out of it too - good days and bad days like everyone to begin with ... slowly moved towards good days(!) Why would you sign up for a £2.5k course and then decide you want your £250 - clearly the person is not committed to making a change in their lives (and where else in their life do they do this) - then complain - it's called a deposit for a reason !!
ReplyDeleteThe deposit is to get rid of the tyre kickers I imagine ... those who commit at anything are rewarded in the long run. one way or another - but failure to commit to something that COULD change your life forever ... or not of course. The results are always up to you and the effort you put in. Trading is VERY DIFFICULT and there is no easy way of doing it.
I have spent the last few months trading each and every day, and boy can you lose some money - but you can also make money too - but it's not for the faint hearted.
Buyer beware.... I have had a bad experience with these people who still owe me money from last year despite not going on the course.
ReplyDeleteOnce you pay your money you will never see it again.
Hi all,
ReplyDeleteI went on K2A's courses last year. I spent about £12,000 on the "some fancy name" package. For this I got, a two day seminar, a two day bootcamp, 18 coaching sessions and another three day seminar.
Ultimate Forex Profits 2 day seminar:
Wow this really got me hyped up. The strategies were simple, generic and we were made to believe that we can start making a living off what we learnt straight away! How ridiculous. I didn't think this was possible so I got roped into signing up for the other courses as well... another £10k.
The Bootcamp involved two of their trading coaches, who seemed OK, however they were really dismissive of anything that was said. Anyway, none of the trades made a profit.
I then went on several coaching sessions which helped me a lot, but the base of my knowledge was still completely flawed. Every time I came out of there it was like they were trying to sell me something.
The three day advanced course:
Just full of the same crap. Instead of three generic strategies they gave us 11. What the hell?? I can go to a website on the internet and pull 350 strategies off it for FREE!
Skip forward 8 months and now I am actually trading full time. NO thanks to K2A! I was very lucky. I met another trader who just set up a new investment fund. He literally taught me everything I now know.
I now trade 10 currency pairs on intraday, and I don't use any of the stuff sold to me by K2A.
This place only takes on about 20 people every year! K2A shove 120 people a week through their doors.
I am not afraid to put my email address on here if anyone needs any more advice on K2A.
dan-hughes1@hotmail.co.uk
Cheers
Dan
I just want to make another comment at "anoymous" who praised knowledge to action's course.
ReplyDeleteI also sang their praises when I finished their first course. I actually came on here and posted a few times about how 'well' I was doing.
However, before you know, it starts going wrong and you don't have the tools to deal with that. They only equip you for the good times.
I have a trading plan which is unique to me. Its about three pages long and incorporates stuff that resonates with ME. I know exactly what to do and when.
You cannot simply take someone else's strategy and start using it. That's crazy! Everyone looks at the charts differently. You will never see it exactly as I see it. Therefore I can't just "teach" you my strategy. You need to develop your own one over months or even years.
I have done that now (with LOADS of help admittedly) and I am trading full time, I know exactly when to get in the market and when to get out. K2A will not be able to give you that.
Dan
dan-hughes1@hotmail.co.uk
At the top of the page is the following advert:
ReplyDeleteTrade Binary Options and Turn Your £1K into £1750 in 1hr! Open Account
Doesn't this make a mockery of all the complaints about KTA on here?!! In the end they are ALL businesses, and all in it to make money from other people.
So.....WHO can you trust?
That surely IS the ultimate question yet to be answered!!
Please everyone note that I'm not willing to give anyone advice on betting anymore my e mail was euan150@yahoo.co.uk. Most people apart from the odd one don't understand or don't have the decency to reply when I answer their e mail. All I would say is don't waste time on K2A
ReplyDeleteIts hard to rust anyone just do your research before you purchase a course
ReplyDeleteThere are definitely two courses with K2A which teach spread betting and share buying/selling ‘tactics’,so in that sense it isn't a scam, however the scam part is the fact that they have salesmen, rather than actual self-made wealthy traders presenting their seminars and teaching these courses – which they claim they are. A simple google search of the ‘successful’ trader who presented my seminar showed me a man who was a bit of a nomad, lived in a bedsit, had numerous court convictions, advertised himself as someone who could do any job as a temp such a buying, selling, scamming, and also was trying to make a bit of cash from multi-level marketing. It’s amazing that people don’t realise what is open source on Facebook and newspaper court listings! He even has videos of the inside of his bedsit which is complete with posters that a teenage boy would have up (not what I would expect froma 40yr old wealthy trader!).
ReplyDeleteThis particular saleman covers the seminars held in Milton Keynes, Oxford and Birmingham. Anyone thinking of attending one or who has attended one is welcome to contact me for some website links for the above evidence so they can judge for themselves whether this gentleman is the real deal!
r.k.lennon@gmail.com
All I can say is Ive been ripped off by this company claiming they could teach me how to trade only to find pretty much the same information on babypips.com and better strategies on forexfactory.com. 1 thing I will give them credit for is they are getting good at blocking out the REAL blog sites where there is this proper feedback and bringing in these other ones where the people running them defend K2A. They must be working for or with them.
ReplyDeleteKnowledge to Action is a scam of major proportions.
ReplyDeleteThey are under investigation by the FSA.
Whilst they do have Traders there, those Traders are employees. The whole thing is a slick sales machine.
I got told by someone who works there, they use a reputation management company that employs people to post fake blog entries.
ReplyDeleteThat's why they dilute the real blogs.
I can confirm that they have a Reputation Management company based in the States that employs blog 'stuffers' to launch blogs praising KTA etc.
ReplyDeleteBeware - Knowledge to Action is a major scam.
I've been told that they are getting less and less course attendees now.
Stay away.
I can tell you because I know someone that used to work there that would definitely know the truth about this group and that Greg Secker isnt the successful trader he says he is. The trade they show you when he makes money in 4 minutes is done on a demo account as they were around when he recorded it. The 3 strategies they teach you he ripped off someone else and they dont even work to the level they say they do. They will try and sell you to another course when you attend 1 of their courses so be aware what you are in for.
ReplyDeleteYes,
ReplyDeleteI'd agree with all that. I have met at least three people who used to work for KTA. They confirm that the trades demonstrated by Greg Secker are not real and are with done demo accounts.
If you give this company your money, all you are doing is helping a bunch of con artists carry on.
Avoid Greg Secker and Knowledge to Action like the plague.
Wow..........I just received an email advert to their free forex workshop and was really intrigued to go. Thanks to all of the informative individuals who took time out to post their experiences. I guess I will just have to try and seek elsewhere.....Can anybody suggest of actual good coaching companies?
ReplyDeleteI see that Knowledge to Action's Reputation Management / Damage Control company is hard at work trying to flood the market with blogs.
ReplyDeleteLike The Blonder Trader etc, that try to show KTA nad Greg Secker in a good light.
Those blogs are written by content 'stuffers' in the philipines etc.
Now why would a company like KTA need to do such a thing? Because they can't make google etc take down blogs like this one...
You are a fool if you pay for so-called teaching....
ReplyDeleteBuy a technical analysis book off amazon, and an economics textbook if you dont understand how fundamentals/data releases will affect markets.
Use futuresource.com(free) for charting, use forexfactory.com(free) for data releases.
Study charts, plot trends, pick out good levels for support/resistance(tech analysis book will explain this)
Trade through a reputable spreadbetting firm eg ODL, Interactive brokers, IG index, city index (most have no fee, they just use wider spread).
Learn from every trade, good and bad. Outlaying thousands of pounds for a course that will teach you what the books above will is simply ridiculous.
Do your homework, make educated gambles with managed risk (potential profit vs potential loss)...after all trading is just educated gambling...but most of all you gotta do your own thing...otherwise you'll never understand why and how the markets move...
good luck
Posted by someone who does this fulltime and makes a living from it....
Well i have made good money, so maybe you all work for another training company. We all know that success has enemies. Im happy with the results and am happy with 5% per month
ReplyDeletewent to their seminars the other night and all the buzz words were used, and i got all interested but somehow i felt like i was in hard sell situation, i have being trading with FXCM account for a few months now and made a few profits and few losses , their offer could make my life a great deal better but somehow i felt like it was a deal too good to be true and i do my research on the company and have come accross this blog, so if there is so much issues do deal with when it comes to K2A, i go by this saying " If it`s too good to be true there always a catch somewhere" so watch yourself out there.
ReplyDeleteI have just been to a Knowledge to Action seminar. I was expecting maybe some sort of pyramid scheme but was willing to be open minded in case it was genuine.
ReplyDeleteHowever, the first thing they show is a very manipulative video rubishing things like savings accounts, property -'even bonds are going negative'!! It all just sounded like an advert for their 2 day course.
The presenter for the afternoon then started and not long into his speech he said that he came to a seminar 5 years ago and it made so much sense that he handed over his plastic at the end to sign up. At this point I butted in to ask how much it would cost and he said he would come to that later. So I said if it was going to cost £500 or £2,000 (thinking these were silly numbers) then there was no point me staying. When he said it would be more than that I got up and left.
What an immoral bunch of tricksters. The slide left up on the screen behind the presenter had the 'millionaire' on there at least twice.
It's funny how some of you guys actually went to the seminar, because you wanted some sort of change. Now whether or not you take part in the training is up to you, fact is you didn't take the opportunity and are probably still broke and now whining on the internet to people you don't know like a hero. Great result.
ReplyDeleteOr....you could at least try something that you know is going going to give you a productive use of your time and money. If people like Richard Branson can give awards to a company like this then somethings gotta be right...
Hey anonymous, Richard Branson never gave an award to knowledgetoaction - the only thing you will find connecting the two is a press release by knowledgetoaction claiming that Greg Secker spoke at an even attended by Mr Branson. This doesn't connect the two and in no way endorses knowledgetoaction.
ReplyDeleteI attended an event attended by the CEOs of JPMorgan and Bank of America, but it doesn't mean that if I set up a shady pseudo-trading company, they are endorsing me!!!
You are right. It would be beneficial to try "something that you know is going to give you a productive use of your time and money" - but that is NOT knowledgetoaction, 100% guaranteed!
Your comment is typical of the language used by the same losers who make the presentations at the seminars, which makes me think you're one of them!
I'm so thankful for this blog, it is opening the eyes to so many people who might otherwise get conned by your shady trading courses!
HA HA, I went to Greg "Secrets" Summit last night, and what a total load of rubbish. I work for the CAA, and am now looking into the legality of his project of flying trader, which is not possible due to the laws of British Airspace.
ReplyDeleteThere are no secrets to trading and this guy is a total waist of time.
I'm still waiting for my £500 deposit back. When you look at other people teaching how to trade, you can see how very little you will learn from 2 days and 3 coaching sessions, which i now understand are only 30 minutes in duration.
ReplyDeleteI don't know whether the training is any good, not having attended, but I did sign up for the course taking the view that it is just that - an educational tool to be used. The cost is reasonable in the great scheme of things - I've paid more for management courses.
ReplyDeleteHowever, I am having trouble getting the promised information out of K2A - even the 'welcome e-mail' hasn't arrived nor the access codes for the DVD pack, and I cant get hold of anyone by phone - only an answering service. This doesn't exactly fill me with confidence as to their organisational capabilities! One more day before I seek refund.....
YES - DO seek a refund, please do not waist your time with these people. you will get £500 of information and £1500 of sales pitch up sell for further courses. They are only interested in you buying more courses, not teaching you anything at all.
ReplyDeleteI know people who worked there and it is a sales machine and nothing to do with teaching you to make money.
The DVD pack is not worth anything at all and teaches you nothing. I have seen episodes of it
Richard B
I went to the free seminar this week and am delighted to say that I escaped without parting with any cash. I got lucky, and hope that everyone realises that IF these so called 'rich traders' have a fool proof way of making money, then why do they really need to tell anyone else? They don't need the £2k plus VAT if they can just do a trade and make that money anyway.
ReplyDeleteI should have read the reviews or even this forum before going then I wouldn't have wasted my time. The feedback on this page is truly invaluable. In fact this page is worth more that the £2k you might have spent if it stops others from getting fooled by these guys. Because once you've spent the money you still need more cash to fund an account, which may initially make some money but will your winning streak last?
There are clear reasons for my concern. They go on and on about how a good trader needs to be disciplined and follow the instructions of their software is giving them. BUT in reality no-one can predict the future and anyone that tells you they can is lying. More discerning is that they do not tell you what they are basing their predictions on ie, you have to listen to their advise without the proof. As we were told, 'we don't need to know how it works'.
Here my suggestion as to how it might work. Let's say for example they con five people to trade with them. They ensure that each of these subjects all place a trade on the movement of a particular stock. BUT each instruction to each individual is different. The first will be given a buy instruction the second a sell. The third a high limit, the fourth a short stop and the fifth a combination of all events. Basically one will probably make a killing but the four others will probably make a loss, But of course the stop loss of 1% will cover them and say they didn't win this time. It feels a bit like Takeshi's Castle. Ultimately everyone will loose, apart from that one lucky guy. Guess what, that's the guy they'll be using on their promo videos or the guy they will point to, to prove that their system works.
Of course, they are going to tell you all about how you can change your life by giving them your hard earned cash. Of course, they will put in trading room, miles away from the city where normal traders usually are. Of course, you have to be disciplined so that they can find a winner. Of course, when KnowledgeToAction call you it will be from a private undisclosed telephone number so it becomes difficult in call them back. Of course, you will be told that it's a once in a lifetime offer and that the normal price is £6K plus VAT. Of course, you'll still get the follow up call the next day to get you to buy in again, to this ONCE in a lifetime offer. Now, that's what I call hard sell with no comeback.
The banking world is really played havoc with our lives and people are getting desperate to do anything to make money. Life just seems to get harder. I just hope we can all look after ourselves and each other. Be careful out there.
what a bunch of losers posting on this blog, if they are not trying to sell their own system they are the type that are week mentally, I have watched the DVD and I have been trading their strategies now for 3 days and im up 7.5% from a 1% risk management. You bunch of lossers!
ReplyDelete"Anonymous said...
ReplyDeleteHA HA, I went to Greg "Secrets" Summit last night, and what a total load of rubbish. I work for the CAA, and am now looking into the legality of his project of flying trader, which is not possible due to the laws of British Airspace.
There are no secrets to trading and this guy is a total waist of time.
10 June 2011 08:06 "
Waist? Great english there my friend, seems like a course on trading isn't something you should be focusing on. Also looking into the legality of the Flying Trader? How pathetic, it's for charity you selfish person.
Knowledge to Action were actually featured in the Sunday Telegraph regarding the Flying Trader and £35,000 money was raised on Friday by all the successful trade calls followed. Try and fight that one you scumbag bloggers.
It doesn't take a genius to figure out this website has been set up by competitors, I mean it's got adverts diverting peoples attention to other services!
Good luck regardless of whatever path you choose and lucky trading.
Thank you! finally somebody who tells these loosers to back off.
DeleteIf there are competitors trying to take your money in the same manner as Knowledge to Action then they should be named and shamed. I'd like to know who they are so that I can avoid then too.
ReplyDeleteJust because there is more than one unscrupulous company trying to con you that doesn't make it ok. And just because a newspaper has reported on one particular company doesn't mean that newspaper has all the information about that company or it could be and advertorial piece placed by Knowledge to Action. There have con investors in the past and there will be in the future.
On this blog page there are clearly some people posting positive blogs, negative blogs and some that might be trying to take you to 'competitors'. Whoever you are, I hope the reader can realise this for themselves.
I would like everyone to keep their money and rather than invest in anything they are unsure of spend it on a treat or paying off necessary bills that they might have.
Having posted here before you will see my original entry at the very beginning. I warned people on here that you will be wasting time and money with K2A. I did the course and traded and was silly enough to put my e mail on here euan150@yahoo.co.uk telling people to contact me on ways of winning money betting. I was willing to help the odd person free I wasn't selling anything. Too many people didn't have the decency to reply when i answered them and a lot of people didn't understand the betting jargon I used. The biggest gift I can give you however is DONT GIVE K2A a penny. You would be better off giving the money to charity. People think because they are paying 2k for something then it must be good but K2A are the clever people everytime they sign up 40 or 50 people thats another 80-100k in their pockets. Have a look at the people running the courses. They are hardly dressed in bespoke suits. The traders are the same at their headquarters. I NO LONGER REPLY SO PLEASE DON'T EXPECT AN ANSWER
ReplyDeleteWhen I read your post, it helped me make up my mind about the credibility of these training courses.
ReplyDeleteI haven't written to you personally but would only like to say one thing to you and that is THANK YOU.
I'd also like to say it on behalf of anyone who didn't reply to you. If you've prevented just one person from wasting there money, then well done. Most importantly you helped me and for that I'm grateful.
What an interesting blog, seems like most of you guys are in it for a quick buck. You need a decent amount of capital to get success from trading, seems like a lot of you are trying to do it on the cheap.
ReplyDeleteI went on a seminar about a year ago. I didn't want to part with all the money and asked them if I could pay in four installments but they turned me down.
ReplyDeleteIt is normally a good indicator as to whether they have something to hide or not.
If they had taken my £2,000 plus I'd be following them home from work and knocking down there door when they're asleep and doing things that are unimaginable.
Can I add how saddened I am to have done the FX course with Knowledge to Nothing.
ReplyDeleteI explained when the event finished that cashflow was an issue, but was assured by a nice Indian Man wearing a turban that i could begin to see income from £250. He told me he now had a Porsche from trading and only began with little money some few years ago.
How silly i feel now, especially when the teacher on the course kind of laughed at me when i expressed my concerns.
If these people are wealthy, it is because they have conned people like me into parting with hard earned money.
I feel cheated
A.N other customer
Hi All,
ReplyDeleteI attended the free seminar in Castle Hill on 02.07.11 and they've already followed it up with 2 emails and a phone call.
When they called me, I just said I didn't have the $5000 and they offered to put me on a payment plan!! Never considering what money would I be trading with ??? Just goes to show they only want your money and couldn't care less if your left with no money to trade.
OK OK - here is the truth of my experience.
ReplyDeleteI was employed as a seminar speaker for a little while, the person who claims to be a trading expert and presents the free seminars. Let me assure you I have no trading experience and was not expected to have. All I had to do was learn the pitch and got told how to deflect any serious trade questions that may be asked.
I lasted about 6 weeks
R
I am very surprised by the posts im reading on here. I went to a seminar yesterday, and the guy that presented was very good. He demonstrated a good understanding of the markets, and there was no hard sell. I have worked in high pressure sales before and this was very laid back imo. They presented their offer and basically said if you want in, then please talk to us afterwards. They were happy to answer any questions and i did not feel that they were trying to scam me at any point.
ReplyDeleteI decided not to sign up for the offer, as I felt that the course was a basic introduction and would be more beneficial to people that have little or no understanding of how to trade the forex markets.
Trading forex is not a get rich quick scheme. You get out what you put in. If you want to become a brain surgeon you dont rent a room, and put an advert in your local paper. If you want to become a pro trader you have to put in the time, and learn the job. There is no quick fix here. Its like any job, the more you do it the more you learn and the better you become at it, and the more money you can make from it.
If you want to make serious money from the markets, then you need to put in serious work, its as simple as that. GLA.
Its a SCAM.
ReplyDeleteDid the course and realised afterwards that's there's more information on the internet for free. If you're a sucker for the flashing $$$ then you deserve to lose your money.
I asked for a specialist course involving some technical aspect of trading but that was NEVER delivered. They put me on the time wasting beginner 2 day weekend course. I complained and they suggest that I sign up for their advance course costing another £5,000. Do you see the pattern ?
Best advice i can give you:
www.informedtrades.com
Good luck everyone!
This is from Greg Seckers Web site............
ReplyDeleteGreg Secker, world famous multi-millionaire currency trader and wealth coach - founded Knowledge to Action in 2003 to help you finally break free from the 'time is money' trap.
Since then Greg and his team of elite Forex Trader Trainers have changed the lives of thousands of people from London to Sydney. Giving them the skills to be financially free, to take control of their lives and never have to worry about their future, ever again.
--------------------------------------------
And here are the facts:
Only 2 of the staff who present the courses do in fact trade, the others just know the slides and skim accross the surface - HOW DO I KNOW? Well i was one of them!
Gregs Wealth comes from you signing to his scam course, not from trading. In fact he has zero trading history, his story of working at Melon Financial is fake, as noone at Merlon has ever heard from him at all. If you ask him anything about trading, he has no depth in his answers and all his strategies are from someone else, and in fact are availalbe FREE from the internet.
Plerase do not think yu will elarn anything you cant get for free off the web. It is a sales machine designed to take your money.
I am a complete stranger to spreadbetting-
ReplyDeleteAttended the seminar end of Feb - Inspired -charged - signed up-
When i came to the actual course-
observed the desperation to sign in people for various levels to further, the trading ability -
When i attended the free seminar many promises were made, including an opportunity for each participant to trade live at the end of the two day course- which never happened.
When i was at their building-
Found a bunch of artists,looking for a victim-
Gary is a super conman who did our two day session-
During the Course when he goes on the tea break he usually makes a couple of hundreds (£s) and wishes to be let alone as it is his time-
My coaching session(drove about 90 minutes) started late and the so called coach was not even interested to know my name- Was a disaster-I was not a percent better off than i came into the session- Despite being in a decent job and in my middle age-"Sometimes it made me think am i so thick or what"
Disheartened did not wish to go back - booked in skype for the next one - coach did not show up-
Called and they said someone shall be in touch -
None until today-
Spent over 3 grand -
I just cancelled my esignal subscription and resolved that this is not for me-
Though new to this i was very willing to learn and was looking for a guidance and quite prepared to loose some money in the learning process- I have never had a hold of the course when i looked at the charts and experimented -
K2A is not looking for learners, they are looking for losers.
Beware South Africa!! These guys are now setting up shop here. At their recent Cape Town presentation, nearly 200 people attended and many signed up for the "unbelievable" once-off deal at R18 999!!! This is a scam of note.
ReplyDeleteBEWARE RSA, you are fresh territory and ready to be taken to the cleaners, YOU WILL BE SCAMMED and they will go back to UK with your money. they did it with Australia
ReplyDeleteBE WARNED and get a refund or email greg Direct @
1stname@companyname.co.uk and ask him direct for a refund
I saw them in action yesterday. Some people were giving them £17k for a 2 days course. The guy presenting is extremely full of himself and rude. I could sniff scam as soon as I saw them. There is not such thing as easy money. How can these idiots be so gullible and pay so much for very little in return?
ReplyDeleteIf you are in south africa, look at the designer suits they are wearing. OR NOT
ReplyDeleteI see they are advertising for staff, if YOU have zero trading experience then you can make some good money pretending to be a trader and selling courses to people who believe you. how do I know this? because I was one of them for a very little time. Such a scam
ReplyDeleteJust been to a K2A seminar and fortunately didnt sign up. All looked very plausible until they started talking about the course costing £15,000, however only tonight there were 5 places for 5 lucky individuals at about £3000. Sounds very much like a Time share scam. Whenever someone says you can only sign up there and then without looking into them properly it is usually a scam. Also when you start to see pics of sports cars and holidays in exotic places its time to make a sharp exit which is what i did. Thanks for all the info by all the other posters - very helpful.
ReplyDelete"""""Secker decided to retire as vice-president of firm Mellon Financial Corporation at the age of just 27 to set up a trading floor from his home. In just 3 short months from officially retiring, Knowledge to Action was born.""""""
ReplyDeleteTHIS WAS TAKEN FROM GREGS WEBSITE THIS MORNING
What a total load of shit, Greg borrowed money to begin the company. one of his top marketing people told me this. Apparently his Dad let it slip at a polo match. the amount was said to be £100,000.
Here is the run down of Gregs "ELITE" forex traders and their very little experience of the business.
Paul - no trading experience
Mark - trades a demo account
Clive - supposed to be a big shot but drives a rusty jag
Darren - no trading experience
Andy - yes he is CFA, but no spread betting experience
Allan - no trading experience
Gurdas - no trading experience
Raggi - no trading experience
If your unsure, ask any of them a technical question and im sure you will get a deflection of an answer.
I worked in the office as a trader coach for a while, and i can assure you there is nothing here that you cannot learn from the internet for yourself
Guys thanks for your advise but it seem a little too late for me, I have already been scammed for the 1st time in my life. R18998 gone like that. I signed up at their seminar in early july in Sandton South Africa. it was very tempting and couldn't resist it. The 2day course is scheduled to take place in August, should i still attend? I have tried all the contact email address they have provided without any luck. Devasted and shocked!
ReplyDeletejust been to their introductory seminar where Gurdas presented stock market training program worth £13k +VAT, which is available @ £1997 + VAT and only 5 places left !! Gurdas claimed he has Aston Martin and he shown pic of it as well. He claimed he made £250k when he was in uni with few friends !! But same time he was desperate to get students on for £2k+ VAT course !!
ReplyDeleteHe presented whole seminar in quite impressive manner that he made me thinking of joining it, but i never make decision there and then and always google it before venture in to unknown thing. Thanks to my habit and this blog money is saved which i might will put aside as learning budget to get on with forex trading..!!
thank you all !!!!
THSAT IS SO FUNNY.
ReplyDeleteGurdas does not drive an Aston Martin or does he trade - ZERO experience.The Aston is a picture of Gregs. as for the 13k story, i bet they are saying it just covers costs of the course.
Why would a guy who makes that much money live at home with his parents?
As for the guy one message above, you can get a refund from your credit card company. Legally they can return the money to you outside of the k2a terms and conditions. i know this as i worked in accounts dept.
I work at knowledge to action as an event sales person, although Im leaving very soon. Greg did a big event in London last night. over 800 registered to attend, but only 220 turned up and only 12 people signed up. He said it was valued at £12,000 but wanted to turn a select few into millionaires within 6 months, so was charging only £1997+ vat. As you can tell, nobody fell for this as £1997+vat is our normal cost.
ReplyDeleteI am now looking for another Job
A.
Oh my god, I am shocked by all the reviews!
ReplyDeleteI have just come back from a seminar, they offered me the same £1997 +VAT, said its usually £13,500 but if we took part in their advertising campaign and got filmed with a testimonial we could get it at a reduced price!
I really thought it would change my life, was on the phone to my friend telling her how my life would change
Feel so stupid now, at the end of the session I went straight to the back to apply, only there must have been some sceptism in me because I wrote down incorrect bank details, so that I could go home and research, they wouldnt let me go away without writing down my bank details! Wanted £500 there and then, I was a little worried and told them my card was at home, as I didnt think I would need my credit card for a 'free seminar'. I have just been on holiday and have zero funds at mo, had I just been paid I would have done it! They said I had to write down another bank card then and there and got me to sign! Ah!
Now I read all your reviews and am thankful that the contract says on the back you have 7 days to cancel, phew!
Thank you all for letting me know!
Oooh just got a text from the rep to say I need to pay my balance on Monday......I think not!
A
LOL GURDAS WAS STILL TALKING THAT 5 SPACES LEFT NONSENSE AS AT YESTRDAY THE 23.07.11 AT THE GROSVENOR HOTEL AT VICTORIA STATION, LONDON. WHEN I ASKED HIM HOW TO OPEN A TRADING ACCOUNT HE SAID THAT WAS EASY BUT REFUSED TO SHOW ME UNLESS I PAID THE £1997+VAT. I LAUGHED. BUT I TOOK THE PEN FROM THE SEMINAR SO I DID NOT LEAVE EMPTY HANDED LOL. BUT IF ANYONE CAN TELL ME HOW TO OPEN A TRADING ACCOUNT AND GET THE FREE E SIGNAL I WILL BE VERY GRATEFUL.mail4azu@gmail.com
ReplyDeleteGurdas lives with his parents and drives a ford Mondeo, has ZERO trading experience and is knowledge to actions 2nd best bullshitter after Greg himself.
ReplyDeletewhatever you are told, £1997+vat is the price they charge, and in fact i have been offered less than that a few days afterwards from the office, they said i was so special they wanted to make me a millionaire so could have the course for £1500 + vat. No thank you
ReplyDeleteWish I had looked at this blog earlier, to not have to bother going today at the one in Manchester Ramada Hotel
ReplyDeleteGurdas was pretty convincing, although when you use hindsight:
-If he was loaded why did he just wear a jumper
-His car could have been anyone's (already been confirmed above that it's someone else's
-Only 5 places left must be a sales technique. --"This is the last seminar" is BS too.Their website lists next week's seminars.
-The "I have my house wired up so that when I hear on my massive speakers the sound of gunshots, I know it's time to trade" story was just laughable
Some of the information was solid like account risk being 1% but when he said stuff like, this is semi-automatic, I hardly have to do anything, the lines are just made by the software, I'M LOSING ONLY 10% of my trades, I knew this program wasn't worth it. The best only make 50% of it. AVOID.
Here is the REAL Knowledge to Action
ReplyDeleteA girl i know signed up in Ireland last year and did the 2 day course, she also signed up another £1,200 for 10 extra coaching sessions, but was taken seriously ill in the meantime. Her business is now down the pan, on the verge of bankruptcy due to the illness and THEY WILL NOT refund her for the coaching sessions she paid for but has never had.
What a bunch of conmen they all are, she was in tears and begging for the money back - Cathy in accounts said NO
DO YOU want to give people like this any money??
Im so upset with them, im thinking of going to Watchdog.
email me at seminarfxATgmail.com if you want to... im very angry
IF you want your money back - talk to GREG SECKER direct on Greg.AT.knowledgetoaction.co.uk
ReplyDeleteI've recently attended the free seminar in covent garden and really enjoyed it. i went to the course and forked out the money as everyone does for the 2 day trade course. honestly if I had seen this blog first I wouldn't have done it but I'm happy I did because I've made £1500 so far
ReplyDeletelike anything in life nothing is guaranteed and with trading you win some and lose some. everyone in my group seemed to enjoy themselves and I wouldn't say this company is a scam, but people who dont see the results they expect get upset. if you believe everything you hear/see you are going to get scammed often in life generally speaking
I did the course in November and traded for 4 months before realising it wasn't worth continuing. I gave it a fair shot and to begin with did make about £800 profit but then i had 6 weeks of carnage. You have to pay about £90 per month for e signal as well. All in all i paid £2300 for the course and 3 free coaching sessions with a NOT VERY GOOD coach. Paid e signal around £440 and lost about £2500 trading. Over 5 grand written off. I bet on a semi pro basis on horses and sport and it is a lot easier to make money this way. I've been doing this for 20 years and this is what i'll stick to. Take notice of this DO NOT WASTE your money on 1 of these courses YOU WILL REGRET IT. Anybody wanting to e mail me fell free to do so at euan150@yahoo.co.uk if you would like advice on how to make money from betting. It isn't that difficult. The only problem is actually getting bets on with the so called bookmakers. After a while if you win consistently they will close your account or restrict your bets.
ReplyDeletehttp://nationalachieverscongress.co.uk/
ReplyDeleteGreg Secker who owns Knowledge to Action, spoke at the National Achievers Congress 2011 alongside Sir Richard Branson, Lord Alan Sugar and Anthony Robbins who are his personal friends. I HARDLY think he would be invited to such a Congress, let alone be associated with such high profile business celebrities if his company was a scam?! Doesn't really add up to me. Trading is a risky business, people need to understand the risk involved before taking part.
I found this page after getting an email inviting me to a seminar but I haven't attended yet. I'll update after I attend.
I just received an email to attend a free seminar of this company. I am going to go as I saw Greg speak at the National Achievers Congress 2011 with Lord Alan Sugar, Sir Richard Branson and Anthony Robbins. If he was a "scam" as some people believe why would be be invited to this congress let alone be associated with such successful and high profile people?
ReplyDeletetrading has a large element of risk, I work in insurance and I see it all the time, just because you weren't successful doesn't mean what he is teaching isn't legitimate. it takes skill and practice like anything
Greg gets to speak at these things because he runs a seminar based business that has over 150 events per week, therefore he qualifies to speak. success resources who run the NAC are happy for him to pay to come as he has a database of people to invite. Sadly it is as simple as that in the Seminar and events world.
ReplyDeleteStill, I find it hard to believe that other high profile successful businessmen would be associated with him if this was the case. Surely, if it were a scam it would be a huge risk to their businesses to work with Greg let alone nominate him for 2010 Sunday Times fast track, which is sponsored by Virgin.
ReplyDeleteKnowledge to action spend thousands on reputation management. If success resources are willing to have Greg there, why would Branson or Sugar be bothered to vet fellow attendees?
ReplyDeleteThis seems to be one of the last blogs they have not had removed. I personally know 6 people who have attended the 2 day course and let me assure you, it is a sales machine and designed to work at this level
2 day event - slight insight BUY MORE COURSES
3 x coaching sessions 1/2 hour - by more courses
this process continues until you have parted with up to £25,000 and MAYBE THEN will you get given some strategies which work.
Out of Gregs elite FX traders who run his events, i know only 1 who trades and at least 4 with no trading experience at all. What they know is how to present a seminar and sell you the course. Your £1997+vat means nothing to them, it is the £100,000 per event they make from upsell. You can get all the information they give you for free off the internet, it is just rebadged into a personal package by Greg.
As for the Virgin fast track, yes they might be a fast growing company, but i do know that out of the 100 people they teach per week, maybe 2 will actually make any money, and the rest will be told to buy more courses. It is a sad fact.
Using an emotive headline like Is Knowledge to Action a Scam? is a way to grab attention and exaggerate a point. A small number of people seem to complain about anything, hiding behind "anonymous" accounts. A ridiculous complaint like lunch was not provided on the Knowledge to Action Ultimate Forex trading course. The Ultimate Forex course has many 1000’s of satisfied attendees all over the world. It is like they did not follow through and make the most of the opportunity open to them so the failure is deflected on to the Knowledge to Action Ultimate Forex course and they are no longer responsible for their own failure. Knowledge to Action was created by Greg Secker and is based in London. The Ultimate Forex course is also run in Sydney Australia and is run over 2 days and is run by real traders in a professional environment and is well worth the investment. My advice – check it out yourself.
ReplyDeleteKnowledge to action Promise in the seminars to turn ANYONE into trader with a 2 day course and 3 one to one coaching sessions.
ReplyDeleteOnce you have paid your money, it is all about you paying more more more money. I was promised I would be given the skills to turn £1,000 into £100,000 in 2 years if i paid £1997. What a total crock of shite.
My name is Mark, i worked at k2a as a speaker for 18months - my opinion is this, If you want to learn to trade then what they sell is ok, expensive but it will get you going
ReplyDeletePeace
I have traded financial markets professionally since he early 1980s and so can give an in formed feedback on the experience that I had today at Mr Singh's introductory 2 hour session.
ReplyDeleteI turned up and a very small "trader" with the weakest clammy handshake I have ever encountered greeted me and asked if I had any trading experience. I explained that I have worked as a professional money manager for 20 years trading futures, options, bonds and currencies and his complexion went a shade more sickly. I saw him on the way out two hour's later and he was unable to meet my eyes.
I weed myself laughing on the way in to the talk because they were playing some bombastic music that would not be out of place at the opening of "the apprentice" or in "rocky". We were then shown a crass collage of video interview clips in which the naive viewer will be led to believe that all traditional sources of wealth creation are rubbished and OBVIOUSLY only Mr Singh can now show you the way forward. The clips of his boss standing on Waterloo bridge in a long black coat were very iconic, with the emphasis on the "con".
What makes Mr Singh credible is that he actually says things that are actually sensible: yes risk control is important, yes breakout trading is a valid approach, yes you need self belief and a positive attitude, yes spread-betting is tax free, yes you can trade anything up or down, yes spread-betting firms permit automated trading.
What makes anyone who falls for this gullible is that you could find out everything he tells you for free by buying a couple of good books ( for example "market wizards" I&Ii) and by contacting spread-betting firms who will give you the basics for FREE.
What makes him laughable is is the childlike aspirational drivel about DB7s which he even admitted to buying 2nd hand and using a finance deal! Take it from me, Successful market traders buy cars for cash not on HP.
What makes him a fraud is that he resorts to a series of classic shifty sales techniques:
1) Rarity close, "there are only five places left"... Sure he had been sating that few a few weeks now!
2) The alternative close, he doesn't ask IF you want to go on the course, he gives you a choice of WHICH of the two courses you wish to attend
3) Special deal close, he says makes you think you are getting a £13,000 course for £2,000 "costs"
4) Plain lying, making up a load of crap how he is a trader and that the special deal is for a marketing campaign
5) Logic traps, "who is here to make money", well of course everyone but that is the wrong question. The real question should be "can this man really help me make money" and "is he really a trader or just a very good BS artist".
6) Aspirational hooks, being a kid he thinks we are all bowled over by the promise of owning an Aston Martin (erm which he does not). The kids on my course seemed to be hooked by this but I have a very ice car and just want to make more money from trading.
7) He does not invite an questions at the end!
Need i go on?
Happy to share more,jus mail me on: tristanfarquar@yahoo.com
Good luck to you all, it is possible to make money from trading but it is had and you do not need to learn from a 25 year old with a second hand Aston bought on hire purchase!
If everyone thought like you then K2A will be out of business. I sat at the intro session just asking myself some of the most basic questions and came to the conclusion that the whole thing bothered on scamming. I was conned once by gamblers when I was about 15, I only lost about 2 pounds but back then, in Cameroon, it was a lot of money. I learned my lesson. I've never been conned again since and won't let K2A con me.
DeleteOf Mr Singh, i was the white guy on the front rw with the ipad, nice presentation but very spivvy, hope you get to pay off your DB7 and move out f yourmum's place soon.
ReplyDeleteI have traded financial markets professionally since he early 1980s and so can give an in formed feedback on the experience that I had today at Mr Singh's introductory 2 hour session.
ReplyDeleteI turned up and a very small "trader" with the weakest clammy handshake I have ever encountered greeted me and asked if I had any trading experience. I explained that I have worked as a professional money manager for 20 years trading futures, options, bonds and currencies and his complexion went a shade more sickly. I saw him on the way out two hour's later and he was unable to meet my eyes.
I weed myself laughing on the way in to the talk because they were playing some bombastic music that would not be out of place at the opening of "the apprentice" or in "rocky". We were then shown a crass collage of video interview clips in which the naive viewer will be led to believe that all traditional sources of wealth creation are rubbished and OBVIOUSLY only Mr Singh can now show you the way forward. The clips of his boss standing on Waterloo bridge in a long black coat were very iconic, with the emphasis on the "con".
What makes Mr Singh credible is that he actually says things that are actually sensible: yes risk control is important, yes breakout trading is a valid approach, yes you need self belief and a positive attitude, yes spread-betting is tax free, yes you can trade anything up or down, yes spread-betting firms permit automated trading.
What makes anyone who falls for this gullible is that you could find out everything he tells you for free by buying a couple of good books ( for example "market wizards" I&Ii) and by contacting spread-betting firms who will give you the basics for FREE.
What makes him laughable is is the childlike aspirational drivel about DB7s which he even admitted to buying 2nd hand and using a finance deal! Take it from me, Successful market traders buy cars for cash not on HP.
What makes him a fraud is that he resorts to a series of classic shifty sales techniques:
1) Rarity close, "there are only five places left"... Sure he had been sating that few a few weeks now!
2) The alternative close, he doesn't ask IF you want to go on the course, he gives you a choice of WHICH of the two courses you wish to attend
3) Special deal close, he says makes you think you are getting a £13,000 course for £2,000 "costs"
4) Plain lying, making up a load of crap how he is a trader and that the special deal is for a marketing campaign
5) Logic traps, "who is here to make money", well of course everyone but that is the wrong question. The real question should be "can this man really help me make money" and "is he really a trader or just a very good BS artist".
6) Aspirational hooks, being a kid he thinks we are all bowled over by the promise of owning an Aston Martin (erm which he does not). The kids on my course seemed to be hooked by this but I have a very ice car and just want to make more money from trading.
7) He does not invite an questions at the end!
Need i go on?
Happy to share more,jus mail me on: tristanfarquar@yahoo.com
Good luck to you all, it is possible to make money from trading but it is had and you do not need to learn from a 25 year old with a second hand Aston bought on hire purchase!
I attended a seminar a few days ago in Sydney and unfortunately got sucked in by the acadamy award winning speech by one of the speakers. I paid $2,500 deposit before doing any research, so I have only myself to blame for that. It was only when I read one of the documents they gave me (after forking out my money) which instructed that I would have to pay $125 per month for a computer program, there was no mention of this in the seminar which I found extremely misleading. After that alot of things that were said in the seminar were not stacking up, mainly the fact that you need at least $50,000 capital to earn any decent money. It was also stressed by the speaker that there were only 3 spots left in the course, yet 20 of us signed up, which should of been my first alarm bell.
ReplyDeleteAfter reading this blog I immediately cancelled my credit card so they couldn't take out the $2,500 balance and I am in the process of tyring to get a refund for the intial $2,500.
I don't believe Knowledgetoactoin will get shut down because they do provide for what they say they will (you give them $5,000 and they let you sit in a room for two days) it's a very smart scheme. Take your $5,000 and go to the casino, you've got better odds at seeing a return.
AUSTRALIA BE WARNED - you will be taken to the cleaners. the Boss James Mathews has no trading experience, all he has done is pass the ASICS tests. Does he trade? Does it snow on Ayres Rock!
ReplyDeleteIf you look at he current knowledgetoaction.co.uk web site, there is a picture of Greg with some great Gurus. This picture is a photo shop of the original. Greg was never in the original picture, he has stick himself into it.
ReplyDeleteHe was something like the 9th speaker there and certainly not up there with the boys in the picture
How low can you go?
Looking for a job? Been to an event? believed what the seminar speaker told you about his trading experience? Read on
ReplyDeleteKnowledge to Action is a fast growing international seminar company
teaching private investors how to trade on the Stock and Foreign
Exchange markets. Due to phenomenal growth we are looking for
individuals to join our seminar speaker circuit and present our trading
preview seminars in London and Nationwide. This is an exciting role
where you can create your own schedule with uncapped earning
potential. Our top performing speakers make over £100K a year.
Here is the kicker
No presenting experience is needed for this role, as we will train you up.
You just need sales experience and most importantly the confidence and
the determination to be successful.
And that is knowledge to actions elite traders experience. In the Words of Dragons Den, Im out and i want my £1997+vat back
Adam Crest
http://knowledgetoaction.co.uk/about/careers/Graduate-Speaker-Advert-jul11.pdf
ReplyDeleteFull time traders, who speak only 2 days a month?
Adam crest
I have just read all these comments and it seems all of you have fell for thew slick marketing and bs that this market place is littered with. I can tell you the virus that runs through the company is as bad as it gets from greg right donw to the people who teach and sell the courses. I know this because 7 of the so called elite trading coaches have been tutored by me in a completly diffrent methodolgy that they trade their own money with their own things that they teach you all they do not commit their own money too so if you beleive this more fool you.
ReplyDeleteThey laugh at Greg and all fo you for being that stupid to think you can learn to trade in 2 days but they are happy to see you pay thousands to do so. In fact they consider you all suckers and look constantly to line you all up for more up sells of 1 to 1 coaching.
What you dont know is these same coaches ar e just as happy to take peoples money and manage it telling the guys whos money it is they can do great things with it what will happen they will lose it becaus ethey do not have the first clue of how to trade they are spivs nothing more.
I am a full time pro and taught these people and they know what they are really up against if you really want to know take a look at my blog www.harmonictraderengland.wordpress.com
I am not telling you this to solicit or sell anything what I am dong is trying to help you all or whoever reads this to know that this job has some very very smart people in it and I know of no othe rjob where it requires skil and understanding that can be learnt in a weekend so my question to you all is why do you all believe this to be the case.
do not trust these guys with your money or your time or anything else they are the biggest conmen of all, they are presently secretly plotting to screw Greg from within his own company. Greg has down so well himself that he has bred a group within his company that will eat him and spit him out they are trading coaches and are secrtely plotting to manage peoples money when they cannot even trade themselves properly but someone how they will manage to convince people they have manage to befreind who have more money than sense to part with their money and trust them.
ReplyDeleteThese people will be fleeced of their money these same people talk about a guy called Max who ran the propreitary fund for Greg he lost money and was sacked he managed to get 7 milllion of client money under management some family money but client as well he is still losing money.
These same people who coach there intend going the same way with other frds within the cxompany intent on doing serious damage to Greg and K2A the same company they have worked and pimped for they will lose these peoples money they know who they are and their time is coming
the elite so called coaches do not trade they pretend to trade.
ReplyDeleteGreg did not trade for a bank ever and is a salesman he took over from where chris manning left off when he was selling his crap here.
the small few that have prevailed wth K2A CORSES i CAN GUARANTEE have had to abandon and change almost all fcates of how they use the material the material is not in anyway advanced or special the stupid names they use for strategies are thoguht up in seconds to grab your attention but when broken down are basic at best and most dont work they cherry pick charts to show you how great they are but anyone who trades for real like me would ripthem all to shreds not for arrogance but because I know what I am doing and trade for my living its easy to sell dreams and thats what K2A IS A DREAM SELLER
there are trading coaches at k2a and they are still teaching and earning whilst plotting against greg secker to take his clients database and use then to solicit from them to trade money for them.
ReplyDeleteI will when I am ready post their names all over the web but Greg isd already watching them anyway so it wont be long before they are found out. They are happy to use and abuse people and laugh at the stupidity of you all for signing up and the amount fo oney you pay for things they invent in minutes.
Be warned you kow who you are and I will post your names in due course.
Walk the walk if you're going to talk the talk.
ReplyDeleteK2A History by numbers:
ReplyDelete1.
Gregs lady Sarah was an event manager for a guy called chris manning who sold trading coaching
2.
After 9/11, Chris stopped coming to UK and both Greg and Sarah saw a business opportunity
3.
Greg Borrowed £150,000 from his parents and set up knowledge to action with himself, his lady and 2 other staff members. He made up a trading history story to show credibility of his teachings
4.
K2A take an office in Fulham and build a FAKE trading floor
5.
Greg runs more and more events, and this in turn allows him to join success resources - a GLOBAL event company who manage people such as Tony Robbins and the likes of
6.
As the company grows, Greg learns seminar skills from professional people at the same time as selling more courses based on 2nd hand information from Chris Manning
4.
Greg paid his parents back and continues to expand his business based on OTHER PEOPLES experience
5.
Greg gets someone else pregnant and is going through a divorce
6.
His international business continues to grow, however his elite FX traders are exposed as sales people with no trading experience
7.
Gregs biggest asset are his staff and many of them are leaving due to the insult of wages, respect and sheer BS of the boss and his attitute
8.
Greg looks for overseas markets such as Australia and South Africa as he know the uk base has limited time
9.
47th fastest growing company is based on being an event based company and nothing to do with trading, or the results of the graduates
10.
I cannot believe I worked there as a trader coach on and off for 4 years.
It is all BS and I hope everyone looking to sign up reads this blog and responds accordingly
C
If you think the guy speaking is a trader - consider this
ReplyDeletefrom: http://knowledgetoaction.co.uk/about/careers/Graduate-Speaker-Advert-jul11.pdf
For some reason the post I put on here neraly 2 years ago has appeared again dated 27/07/11.
ReplyDeleteI no longer apply to people from my e mail address euan150@yahoo.co.uk as I received too many e mails from people who had NO understanding of betting at all. Whatever you do though DON'T waste money on a course costing 2500. You could in fact buy a book for £20 whcih would teach the same thing
Of course I meant I NO LONGER REPLY
ReplyDeleteI have been looking at such negative posts and I do want to have my input as someone who bought the whole Unlimited Wealth package from K2A at £15,000.
ReplyDeleteYes, their claims are over exaggerated - who can make money from the markets EVERYDAY and make a fulltime living off £5k? No one.... but I have spent time with my coach and he devised a strategy ehich suited me personality and I am getting steady and consistant gains from my pot of money (£20k)... when you think that Hedge Funds aim to get 15-25% a year and that 2% from trading is a 'bad return'... it actually is very good in the grand scheme of things and this is what so many newbies I have seen come and go from the courses fail to understand in their mad rush to double their trading account.
So yes, I am making money thanks to my coach - although many of their strategies do need 1-1 coaching to 'get right' and admitadly, it took me a while.
I am a tenacious sort and I dont believe in get rich quick. It's a shame that this theme is perpetuated so heavily on their marketing as I do feel like they 'sell the dream' too much... but when their stuff is applied in a rational frame of mind and with coaching, it can work very well.
So to conclude, I do think K2A charge too much for what you get and I do think it is the coaches who carry the flag. Where will the company be without them?
I am a high net worth individual but nobody has approached me there about trading my money. Perhaos I should approach them...
Fantastic High Income Speaker Position
ReplyDeleteTrainee / Graduate
London
This is a unique opportunity with extremely high earning potential. Do you like to motivate, educate and inspire people? Do you like being centre stage? Are you hungry for money and success? If so..we want you!
Knowledge to Action is a fast growing international seminar company teaching private investors how to trade on the Stock and Foreign Exchange markets. Due to phenomenal growth we are looking for individuals to join our seminar speaker circuit and present our trading preview seminars in London and Nationwide. This is an exciting role where you can create your own schedule with uncapped earning potential. Our top performing speakers make over £100K a year.
No presenting experience is needed for this role, as we will train you up. You just need sales experience and most important the confidence and the determination to be successful.
Seminar Speaker Requirements
Dynamic, Enthusiastic, exciting, confident people
A strong desire to help others succeed and a passion for the markets, trading and making money
A good sense of humour and fun personality with a mature work ethic.
- Flexible working hours
Committed individual with a 'can-do' attitude
Confident and client focused individual - a real 'people' person.
If you are interested please email your CV to careers@knowledgetoaction.co.uk to arrange an interview. Please quote Milkround when submitting your CV
To learn more about us please visit www.knowledgetoaction.co.uk
DO I NEED TO SAY ANYMORE. THIS COMPANY IS A FRAUD. PAY NO MORE.
HELP NEEDED someone has taken personal information of mine and posted it on here without my KNOWLEDGE I AM HARMONICTRADERENGLAND.WORDPRESS.COM
ReplyDeleteTHERE ARE FOUR POSTS FROM AUG 2ND ON HERE BETWEEN 02.06 TO 02.26PM
THE WRITINGS ARE FALSE AND FABRICATIONS AIMED AT HURTING FRIENDS OF MINE i KNOW WHO DID IT BUT i CANNOT STOP THEM POSTING i CAN ONLY ASK THAT SOEONE HELP ME TO GET THEM REMOVED AS THEY ARE INACCURATE AND TOTALLY FALSE
I CAN SAY THIS BECAUSE i AM HARMONICTRADER ENGLAND A REAL PROFFESIONAL TRADER IF THE OWNER OF THIS BLOG WILL PLEASE ACCOMADATE ME BY GIVING ME AN EMAIL ADDRESS TO SPEAK WITH THEM OR i WILL POST MY MOBILE NUMBER SO HE CAN CONTATC ME AND HELP ME RIGHT THIS WRONG PLEASE
07762226196
THIS IS A GENUINE REQUEST PLEASE REMOVE THOSE BLOGS BEFORE SOMEONE GETS HURT AND LOSES THEIR JOB AND HAVE THEIR FAMILES AFFECTED
PLEASE HELP ME
Listen, it's a rip off, end of chat. Full time pro traders at major City banks are mostly getting killed in the markets at the moment. What chance has anyone to make money in the market after a two day, £2,500 course given by slick salesmen with zero trading experience???? You got it....... NONE !
ReplyDeleteWhats the saying....? 'A fool and his money are easily parted'..... About sums it up!
Good luck.
Knowledge to Action is a fast growing international seminar company
ReplyDeleteteaching private investors how to trade on the Stock and Foreign
Exchange markets. Due to phenomenal growth we are looking for
individuals to join our seminar speaker circuit and present our trading
preview seminars in London and Nationwide. This is an exciting role
where you can create your own schedule with uncapped earning
potential. Our top performing speakers make over £100K a year.
SO WHAT ABOUT THE b****x ABOUT THESE BEING FULL TIME TRADERS??????
you make trading in a bank sound like the be all and end all I personally teach bank traders my methodolgy and they are no where near as advanced as they should be to trade money for their banks not all but most.
ReplyDeleteI am a lone trader, but a succesful one
You cannot blame a company, because peoples inabilty to check or do due diligence is down to them. The human nature is to take a shortcut a lot of you did and have now paid the ultimate price shame on you for now blaming those who actually sold you what you wanted to be sold.
Anyone with half a brain knows you cannot learn any professional career in a weekend for 35 to 45 minutes a day and earn a fortune doing so. The fact that so many intelligent people have allowed themselves to believe this has lead to many people wanting someone to blame namely K2A.
They may well overstate things i dont know having never been to a course, but if you all checked before buying you would know this. The fact is you wanted to be sold to and are now crying wolf when you realise the reality is very different none of the delegates of the supposed pros who teach know what they are up against. I do because I do it every day for real, but I hate to hear people being abused when in fact the people responsible are those who are just plain greedy namely the ones who signed up to get rich quick schemes
Reading what Greg writes about himself, his videos of himself really make me want to puke. Self appointed guru who has only made himself a millionaire by selling 2nd hand information he knows nothing about. And his elite fx traders are his sales people, nothing else.
ReplyDeleteWATCHDOG anyone?
Well said post 3 August 2011 05:06 - anyone who takes this course is an adult. Do your research first, don't go looking for a quick fix and then complain when you're not successful. All business marketing involves exaggeration, it's your job to have an adult mind and see through it
ReplyDeleteI do not like being lied to by a self confessed, self obsessed lifestyle guru who's has changed only one life which is his own. Greg Secker is a scam monger of the highest order reading this, and many other blogs. The only good news on the web about him is written by himself
ReplyDeleteOn 28 July, a post refers to a Mr Singh. The guys real name is Gurdas Sidhu - he hides behind a false name because he knows he is about to deliver a load of BS. So his flase name is the second lie, before he has even opened his mouth. The first is the registration process where I am sure you will be told about his exceedingly good trading credentials (he has none).
ReplyDeleteI am shocked by what I have read on here regarding the company and the leader. I recently visited the offices and was really impressed by what I saw and being slightly sceptical about most things decided to come home again before getting my cheque book out. How very impressive it really is. A global event and sales company making millions, which happens to use the vehicle of trading to generate new clients. Pictures of boats and fast cars on the tv screens, which could be all mine, but sadly at a great price. I feel my £1997 would be the start of a very deep hole regarding costs and more levels of learning until I run out of money. I was impressed with the offices, but reading some of the feedback on here, I can now see what is going on. A Sales industry model, which has trading as a vehicle and not the empowering trading floor they make out to be. I'm sure a few make some money but this is a gamble I'm not willing to take Mr Secker. Thanks but No thanks, keep fishing I'm sure you will get many to take your bait very soon and keep you in the lifestyle you have created.
ReplyDeleteK2A History by numbers:
ReplyDelete1.
Gregs lady Sarah was an event manager for a guy called chris manning who sold trading coaching
2.
After 9/11, Chris stopped coming to UK and both Greg and Sarah saw a business opportunity
3.
Greg Borrowed £150,000 from his parents and set up knowledge to action with himself, his lady and 2 other staff members. He made up a trading history story to show credibility of his teachings
4.
K2A take an office in Fulham and build a FAKE trading floor
5.
Greg runs more and more events, and this in turn allows him to join success resources - a GLOBAL event company who manage people such as Tony Robbins and the likes of
6.
As the company grows, Greg learns seminar skills from professional people at the same time as selling more courses based on 2nd hand information from Chris Manning
4.
Greg paid his parents back and continues to expand his business based on OTHER PEOPLES experience
5.
Greg gets someone else pregnant and is going through a divorce
6.
His international business continues to grow, however his elite FX traders are exposed as sales people with no trading experience
7.
Gregs biggest asset are his staff and many of them are leaving due to the insult of wages, respect and sheer BS of the boss and his attitute
8.
Greg looks for overseas markets such as Australia and South Africa as he know the uk base has limited time
9.
47th fastest growing company is based on being an event based company and nothing to do with trading, or the results of the graduates
10.
I cannot believe I worked there as a trader coach on and off for 4 years.
It is all BS and I hope everyone looking to sign up reads this blog and responds accordingly
PLEASE ALL READ THIS AS IT IS TRUE!!!!!!
HOW DO I KNOW????
BECAUSE I WORKED THERE AS WELL
PLEASE READ THIS BEFORE PAYING YOUR MONEY TO THIS SALES ORGANIZATION, THEN DECIDE IF YOU STILL WOULD LIKE TO LEARN HOW TO TRADE FROM SALES PEOPLE.
ReplyDeleteK2A History by numbers:
ReplyDelete1.
Gregs lady Sarah was an event manager for a guy called chris manning who sold trading coaching
2.
After 9/11, Chris stopped coming to UK and both Greg and Sarah saw a business opportunity
3.
Greg Borrowed £150,000 from his parents and set up knowledge to action with himself, his lady and 2 other staff members. He made up a trading history story to show credibility of his teachings
4.
K2A take an office in Fulham and build a FAKE trading floor
5.
Greg runs more and more events, and this in turn allows him to join success resources - a GLOBAL event company who manage people such as Tony Robbins and the likes of
6.
As the company grows, Greg learns seminar skills from professional people at the same time as selling more courses based on 2nd hand information from Chris Manning
4.
Greg paid his parents back and continues to expand his business based on OTHER PEOPLES experience
5.
Greg gets someone else pregnant and is going through a divorce
6.
His international business continues to grow, however his elite FX traders are exposed as sales people with no trading experience
7.
Gregs biggest asset are his staff and many of them are leaving due to the insult of wages, respect and sheer BS of the boss and his attitute
8.
Greg looks for overseas markets such as Australia and South Africa as he know the uk base has limited time
9.
47th fastest growing company is based on being an event based company and nothing to do with trading, or the results of the graduates
10.
I cannot believe I worked there as a trader coach on and off for 4 years.
It is all BS and I hope everyone looking to sign up reads this blog and responds accordingly
did any one purchase those dvd and if possible can you provide me a copy of thoses dvd
ReplyDeleteyou may drop me an email at
dom@bi-lab.com
cheers
I was due to go on the free seminar on Tuesday but had to miss it due to illness. I mailed them to let them know but didn't get an acknowledgement, wasn't fussed though and would look to book up another seminar when next available.
ReplyDeleteAnyway, the next day I got an email (automated) thanking me for attending their seminar! lol. It fed the sales pitch as I have read in all the comments, 1997, only 4 places left, get in quick, etc.
To be honest, I was intrigued, I have always been interested in trading and a two day course to get me in there, well I thought why not. I replied to the email, said I couldn't make those specific dates but if they had any other dates available.
So I started thinking, get on the course, get trading, start making some extra income, great. But then I started getting thoughts of how come the course was so short, only two days to teach forex trading? Not sure about that, and why would they do it at a weekend too? Outside of trading hours, surely you would want to demonstrate techniques in a live environment.
Anyway, I started to think maybe I would give it a msis, then started getting phone call after phone call, was at work so unable to answer these, finally some chap left me a voicemail, telling me to get in quick before the week is out as the 'scholarship' will revert back to full price. And ou know what, I almost rang him back, then somethign told me to take a look on the web about these guys, and I'm sure glad I did.
Needless to say, I won't be booking in on the free seminar, I won't be giving them a penny of my cash or a minute of my time and will continue to ignore their calls. Actually, I may ask them if they will let me do the course for free if they are so confident of their strategies. If I make money then I will pay them double! lol.
Sorry to hear of those that have been duped, and only hope that if they really are conmen then karma hits them badly for all the people they have stolen from.
this is a total scum, am telling you because I have been at there seminar, and they talk total rubish absolute rubish, what I mean is, go and buy yourself a book or two and read and read them carefully, it will teach you more, than they will teach you in two days plus those free coaching sesions, bealive me, this knowledge to action is not worth paying for, what I would recomend is to go to there free seminars and I mean free seminars and compare them to the book you can buy on amazon.
ReplyDeletethis is shit man, they want to take your money man. they are all scummers
ReplyDeleteplease shop aroud for some trading institutions before you make that big £2000 and + dicision and ask different people before you go to knowledge to action. I personally dont want you to regret it.
ReplyDeleteI have just been sent email of a recording of one of his events - TOTAL BULLSHIT - please be advised, everything you hear about this man and his success is self written and is lies, i cannot believe people are still considering giving this salesman any money at all.. 1% risk is actually 1% success rate of his graduates. I have spent £12,000 with this bunch and still have yet to see anything close to what i was offered.
ReplyDeleteUsed to work for Greg and co please don't waste your money. For starters Greg can't trade. When I worked there not so long ago he played around and had a drug habit. Charming company.
ReplyDeleteKnowledge ToAction University is lying to people, dont be one of them
ReplyDeletethere was a post on here about a guy to do with harmonic trading its in july I attended a seminar and have been very dissapointed that I have stopped trading after not doing very well with the techniques I was given. So I saw that post and went to take a look at the site just out of curiosity they have free information loads of articles and the informatin and skilss look very advanced they even have live examples of trades posted on blogs truly inspiring suffice to say I am now working toward applying myself to learn this stuff its far more advanced and when you see it you realise that what we were all being sold is very substandard compared to what I have witnessed on the harmonic site if thats what we are genrally up against then we dont have a prayer which begs the question about being able to be convinced that we can learn to trade in a weekend.
ReplyDeletefor me its really opened my eyes to whats out there I suggest you all take a look it might help point you in the right direction. if nothing more torealise what its really like being a trader.
Hi Guys,
ReplyDeleteI have recently attended the seminar at Suncoast, Durban - South Africa.I found it to be rather inspirational.To all of those complaining,its what you make of the actual course,try stop spreading the negativity.I was impressed by Gurdas' seminar, he gave me a sense of motivation, and everything he said I could totally relate to.He is an inspiratio, and is a role model for many people.He really makes me proud to be an Indian.As for those contemplating his car, spend your time doing something else-The car totally suits him....I think the ideology of introducing "trading classes" is an opportunity to learn, as in this particular Industry-there is hardly anyone willing to teach the "know hows" of Trading.
P.S-Indian family's are brought up closely, im in my 20's and still living with my parents, its our culture :)
Sarika if your inspiration is to be sucked in by a clear hyped up salesman claiming he trades, then you too will lose money. anyone who trades truly for a living and is succesful does not sell courses period they may do 1 offs very rarely and mentor but they derive their main income from trading. everyone and I mean everyone no exceptions at K2A derives their income from selling dreams.
ReplyDeleteFeel free to be impressed by someone who stands in front of people talking as an expert its easy to asppear this way when the audience knows nothing about the subject being taught and easily blinded by the swagger and technical talk and jargon they use with cherry picked charts they use.
I fyou want to learn to trade what you need to do is find someone who will teach you in a live education room in real time so you can see thigs happen for real as they unfold not in a classroom being sold a dream.
It is absoloutely wrong to blame these people for all the misfortune I have read above because the very core nature of these delagates was to take a short cut to riches the very thing K2A sells in principle but the reality is extremely different.
If anyone was told come and be a doctore and surgeon do a weekend course and after your be operating and making thousands you would all scoff, but because trading is seen a a regulated proffesion its judged to be easy to do by so many not purposely but they are human and beleive I can do that but thats clearly not the case.
The failure rate in this proffesion is higher than most if not the highest there are no degress or phds or mbas in trading which is why so many educated people believe they can do this job part time trust me thats not the case.
Thsi jobe is hard requires dedication and learning many many months of learning and years to gain the expertise to succeed at the highest level like any other proffesion.
99 percent of you that come to this arena do not even realise that psycholgy is the biggest asset to a traders arsenal of weapons being able to control themseoves is key to success
its clear based on hear that virtually none of the people signed up have a clue abt the life of a trader because you all want to blame someone else for your inept pproach to a very serious proffesion.
Sarika you hv no right defending anyone because you do not understand the nature of the beast in the context of his work as to whether he is an expert or not to you he is to me he is ntg more than a salesman any good trader sitting in his audience would rip him and all the other seminar speakers to shreds but you would not know that because you are not clued up about trading in this regard.
the thing you nee dto learn all of you about trading is this
1 it cant be learnt in a weekend week or 2 weeks
2 its tought very tough enviroment
3 even learning the best tools out there does not guarantee success
4 why because if you cant control you you do not have the abilty to contro, impulsive behaviours
5 everything we learn as humans is magnified in the markets good and bad and as most traits are negative to trading that is the reason why so many fail
6 pros know this and learn to control themselves
by practising methods of self controil and understanding of cognitive processing of the brain
7 if you think this is rubbish please continue to always do what you hv done and reap no success in this arena
if you think its important then look into and do yourselves a favour stop bleating and take repsonsibilty for your own actions all on here have no one to blame but themselves
you all deserve to ripped off you know why becccause you did not look into trading properly
Nothing but a sales company not a trading company. How do I know? Because I worked there. Funny enough have learnt how to trade from another trading group as couldnt make money with their strategies. If you want to learn how to trade look for a company where the person that owns it TRADES and the owner teaches you how to trade this way you know your learning from a real trader. Everything listed back there about Greg is true so of course the strategies wont be great if the head guy doesnt even know how to trade.
ReplyDeleteGurdas started working for the company as a student in his summer hols. He had no trading experience and is a pure sales guy. Please do not waste your money with this company.
ReplyDeleteDear 108sarika108
ReplyDeletePlease believe me that Gurdas is not a trader and he does not have a car like that. I know him it is all lies deisgned to get your money. Walk away and if you are intelligent enough you will learn to trade for yourself. Greg was not a hot shot trader that is a lie. Flying trader his new product the trades he picked himself all bombed the ones that worked came from other traders he employees to make him look like he can trade. Sadly the traders don't actually teach the course and have been fired for not upselling on occasion. If you dont bring in money they fire you.
Hope i have seen this blog before wasting my £2.5K
ReplyDeleteGlad I saw this. Just saved myself from the pain. Attended their seminar last week and I must say I was impressed.
ReplyDeleteThanks for all the comments
ReplyDeletebut I had paid $4995 for course will take place on November 2 weeks ago ,Is there any way to get refund?need help ,thank you
I mean I paid for the 2 day course 2 weeks ago,and the course is in november.
ReplyDeletephone consumerdirect right away for advice - they know the law best and will advise.
ReplyDeletehttp://www.direct.gov.uk/en/Governmentcitizensandrights/Consumerrights/index.htm
Have paid a £500 deposit. I cancelled One week before the 2 days training Can anyone help me to get my deposit back?
ReplyDeleteIs there anyone out there who paid for the course and got their money back after several weeks of complaining. Can you tell me exactly what youve done to get your money back?
ReplyDeletedo not pay your deposit because they reducesd the price on the semina, please dont because they dont tell the truth, do yuor research before paying,
ReplyDeleteTHIS IS NOT A UNIVERSITY,
THIS IS NOT A UNIVERSITY,
THIS IS NOT A UNIVERSITY,
no UNIVERSITY has a 2 day course
i subscribe to the live trading room, which is the email alert service they offer, i pay £89pm and last month i was down 267 pips - some service that is. if that is a reflection of what they teach, i really would not give them a penny
ReplyDeleteThis is a trade from this morning sent to my email from their "professional trading floor" - WHO is the WORLD is going long on AUD right now - FARCE!!!!!
ReplyDeletePowerPivot Long on AUDUSD
ENTRY PRICE: 10014
TARGET: 10158
STOP LOSS: 9978
todays top trade from the trading floor was this.....
ReplyDeleteSTRATEGY: MT - Other on CADJPY
ENTRY PRICE: 73.46
TARGET: 76.84
STOP LOSS: 73.05
LOST £344 trading this shit!!!!!!
Almost got suckered in - more from curiosity than need! I'm a self taught technical trader - and trading for a number of years but thought 'I could do better ... "there must be some insight that I'm missing maybe a K2A course could offer that 'edge''' In fact after attending one of the introductory seminars, it confirmed to me that they are heavy on the sales and have no more 'insight', than what I've learned for myself - the hard way - through experience over time. There are other internet courses available that offer for a 10th the price, the same and probably better insights into how to trade technically. Research, read and read some more - try working learned strategies with live demo accounts from spread betting cos. Sure, if you really can get access to a professional trader (Hedge fund, or investment bank) then learn as much as you can from their pro angle. Retail trading is hard work, but you are always riding on the coat-tails of the big market moves - so get your set-up right, and refine it as you gain experience. Preserve your trading capital with the 1% risk rule. For myself on the profit side I average around 1 to 2 percent a day (that includes drawdowns). Everyone will have a different trading style and area of market - find out what suits you and work on it. Good luck!
ReplyDeleteHumm Anon Lost £344 I'd say stop loss set too close to entry point and position size should be have been smaller. But each to their own!
GREG SECKER IS A SCAM, THE ONLY WEALTH CREATION HE HAS CREATED IS FOR himself. HIS STORY IS LIES, HIS SPEAKERS ARE SALES PEOPLE AND THE RESULTS WILL LEAVE YOU £2500 DOWN ON YOUR LIFE
ReplyDeleteI have just looked into the trade loss mentioned above and sadly this trade would have never made any money. I think Anon was stating the trade was called my the trading floor so had his stop loss determined by the "professionals".
ReplyDeleteWhoever called that trade was on acid or blind
Wow, lot of anger here
ReplyDeleteI am due for 1 to 1 coaching this week which I signed up for in 2009, but the remote access didn't work, they invited me to seminar recently where I complained that 1 to 1 was not completed..
After some follow up e-mails I am now booked in
I went through to one of the seminars on Tuesday the 11th. I decided last night that this was not for me and is indeed a scam. I have emailed the address that is provided for cancellations within 5 days of purchasing and the email just comes back as Undeliverable. I then emailed the info email address - someone has obviously picked up my mail as it comes back as read but still no call. I also called the number and spoke to Sharon who tells me that someone will be calling me back - still waiting. I have now taken this up with my Credit Card provider hopefully they will reverse the transaction. If I do not receive any joy in the next day I plan to go the Venue in Cape Town where the next Seminar is scheduled and create a scene to get my refund. Maybe this will prompt them into action.
ReplyDeleteI hope you got your money back, i know at least 3 people who have written to BBC TV's Watchdog program about mis selling and potential scam business
ReplyDeleteI wonder what BBC WATCHDOG will actually say, especially considering that specific documents identifying association with Richard Branson, Prince William, Greg Secker and other particulars are on display outside the trading floor - 1 signed by Branson, another by a High Official of the Chamber of Commerce. All the signatures are interesting - also note that Branson's signature appears different to another once printed in a public Newspaper. Others are not "de-CIPHER-able" but it appears 'the collection' of signatures on that wall ENDORSE the overall integrity of the K2A operation.
ReplyDeleteOn any COMPASS these are clearly very big players - Big reputations might be on the line if the FSA or Watchdog were to ever uncover or reveal any wrongdoing.
QUESTION: Are the public being offered a SQUARE deal or is this another great way for a group of well connected gentlemen to raise public money for charitable causes?
"Spooky" how some on this blog may feel they are being led into the woods or otherwise taken on a wild goose chase....
Re: Above - the con is ON and it seems to be effective in high circles. It is now very common knowledge the story of Knowledge to ~Action is a lie, Gregs story is a lie, the speakers at the events lie, the results are lies and the customers are left with little hope. always remember this companies successes are based on EVENTS and EVENT SALES, nothing to do with the quality of service they offer or the satisfaction the customers have having spent a great deal of money with a company founded on deceit and a false story.
ReplyDeleteReading about the OAP (can only assume this means little old lady) - Sometimes the most vulnerable in the community may be the easiest prey for the young, the advantaged or the greedy.
ReplyDeleteWhether the vulnerable are being led into a car crash situation by their own lack of technical knowledge or whether this is genuinely a life changing 'miracle software' that is 70% right most of the time -it should be investigated by experts. For example if David Cameron is aware of K2A, then it should be made a Govt backed money making machine for Britain and rolled out as the National Scheme in all jobcenters across the land.
Perhaps WATCHDOG and the FSA should now ask one question :
6+6+6 Quayside Lodge : What type of Lodge is this?
WHY AREN'T THE CONSERVATIVE GOVT FUNDING K2A's CLIENTS TO BUILD A BETTER BRITAIN?
My previous comment is 28 July 2011 20:12. I would just like to let everyone know that I succeeded in getting a refund of my $2,500 deposit.
ReplyDeleteYou are entitled to a refund as it states in the conditions on the back of your receipt, but YOU MUST ACT FAST as there is a specified time frame in which to do so.
Call them, email them and then call them again! Make sure they confirm every email correspondence and acknowledge every telephone conversation.
Lastly, take note of what was said during your phone calls, the dates and times and of course save your emails. Therefore if they do not comply with your requests you will be able to make a comprehensive affidavit and take legal action.
Could anybody who is interested in sharing their experiences of Knowledge to Action with the Guardian please drop me an email to simon.goodley@guardian.co.uk. I am planning an article.
ReplyDeleteMany thanks.
SG
SOUTH AFRICA, DO NOT BE FOOLED BY THIS COMPANY.... DO NOT PAY ANY MONEY AND DO NOT BE FOOLED BY THIS SCAMMER. I FEEL RAPED OF £2000 AND STILL KNOW NOTHING ABOUT TRADING
ReplyDeletethey told me they have refunded my £500 deposit, but its not yet in my account. please can anyone tell me if thier inintial deposit wsa refunded
ReplyDeletemine was refunded, the program aint a bad idea
ReplyDeleteThanks for the enlightning info.
ReplyDeleteI had attended their seminar in Pretoria (RSA) a few months back. It was so convincing that I was actually planning to sell my car to raise money for that 'special offer' they make at the end of the seminar.
To think that I was going to lose R19k over some fantasy stuff.
Thanks guys for the eye-opener!
WOW!!!
ReplyDeleteI can't wait to be invited to their free seminar in SA! :)
By the way, I was called up not too long ago by soemone also selling some trading software, GUARANTEEING some ridiculous return on your money. He came to see me at my home, could show me no proof of anything, couldn't even show me a demo of how the software worked, and was then quite agitated that I didn't spend around R20K (IMMEDIATELY!!!) for something I couldn't even see work???
Imagine the hard time I would have had trying to get R20K back if the guarantee was not fullfilled...
Anyway, be caredful out there... don't buy a product like that from someone who drives a rust-bucket, wears a flea-market watch or a tacky old suit? Look for the signs. If I was selling something like that, I would provide someone with evidence of my own real-life account... after all, what embarrassment is there if I was successful? But then again... I'd be too busy making money and giving it to charity to bother selling the product to skeptics! :)
PS. I wonder what 'stop-gaps' they have for proving that you didn't do your bit, and are not entitled to get your money back if you ever ended up in court?
Don't you just love the internet... it's a real b!tch, isn't it? :)
Hi!
ReplyDeleteI signed up for the course last week and I'm supposed to go to it on Nov 26th.
Now I am wondering if the course is a scam or if this blog was started by one of K2A's rivals...
Has anyone been in touch with Simon Goodley from the Guardian (who wrote a post on Oct 25) to confirm his/her story and make it public through a national newspaper?
Having read all the posts I'm now tempted to withdraw from the course and ask for a refund of my £500 deposit, just to be on the safe side (As it is stipulated in the terms and conditions on the back of the 'contract' we signed at the end of the free seminar, we have 7 working days to cancel registration if need be)
Mel
I have noticed that they still haven't replied to the email I sent them today...
Went on the course in August and learned four good strategies for forex trading (not stocks). I started with an account of £5000 and as at today my balance with IG Index is £12,900. I have immersed myself in this and stuck to the disciplines and risk management to minimise losses. Yes the two day course is expensive so only pay the money if you are truly committed afterwards to spending many hours of your time mastering a new skill that you could use for the rest of your life.
ReplyDeleteIf you are put off KTA by the comments on this blog please don't let this stop you learning how to professionally trade forex or stocks, just find a company you can trust. This really could make a difference to your financial situation.
The content of the two day course was good and I did get value for money. What I did not like was the upselling for other very expensive courses so just be aware of this. They used the scarcity tactic that there were only five places for £15,000 each. I was totally amazed that people signed up for this very willingly. Perhaps they planted a couple of stooges in the room!
Surprised by the comments about Gregg Sekker, I have not met him but avidly watched the 6 DVD's of the 3 day course he did in Sydney which you are given if you attend the course in London. He came across as a very genuine guy and I did learn a great deal, in fact probably more than I did on the course!
Anyway good luck if you decide to trade. It's not for everyone but if you get really good at you could make alot of money but just beware that you could lose alot if you are not disciplined. Adam
THIS IS AN ADVERT FOR EVENT SPEAKERS TAKEN FROM THEIR WEBSITE RECENTLY .........
ReplyDeleteKnowledge to Action is a fast growing international seminar company teaching private investors how to trade on the Stock and Foreign
Exchange markets.
THEY ARE A SALES TEAM, NOT A TRADING TEAM
Due to phenomenal growth we are looking for
individuals to join our seminar speaker circuit and present our trading
preview seminars in London and Nationwide.
BECAUSE ALL THE GOOD SPEAKER HAVE LEFT THE COMPANY, DUE TO THE SCAM BEING REVEALED AND THE LACK OF RESPECT FROM THE BOSS, THE HIGH CANCELATION RATES AND THE FACT PEOPLE ARE BEING LIED TO IN THE 2 HR FREE EVENTS
This is an exciting role
where you can create your own schedule with uncapped earning potential.
£100 PER SALE ONLY IF THEY SIGN ON THE DAY
Our top performing speakers make over £100K a year.
RUBBISH - I WAS THE TOP SPEAKER FOR MANY MONTHS AND AT BEST EARNED HALF OF THAT
Here is the kicker
No presenting experience is needed for this role, as we will train you up.
YERS THATS RIGHT FOLK - NO TRADING EXPERIENCE REQUIRED
You just need sales experience and most importantly the confidence and
the determination to be successful.
I REALLY HOPE THAT SUMS IT ALL UP FOR YOU
Wow, so much bad feedback about the KTA course.
ReplyDeleteI did see Greg Secker live in Sydney, although got a not so good feeling personally about the person himself.
If I don't find the person likable and sincere, I generally don't do their courses.
So I didn't do Greg's, although was able to find his course online, at a discount.
I still have not gotten the material, and was originally really looking forward to viewing it.
I think there would be some good points from it, although after reading through these testimonials on this page, I think it's likley not the complete course which it's cracked up to be.
I'm currently develpoing my own trading system, which is thus far effective, with the use of pivot and other major points, and EMAs.
What I have found is there is a lot of crap out there when it comes to forex.
Best Regards
About 18 months ago couple of friends and I attended a seminar at the Marriott Hotel @ Canary Wharf for a laugh. (We work as dealers for a broker). It was the biggest load of bull I have ever listened to... He through out some basic multiplication to the room to illustrate the potential profits. Out of 20 people 6 answered with 5 different answers as they were unable to do the simple multiplication. It was worrying that people who were unable to add up would even consider paying for a course on trading.
ReplyDeleteLuckily I gave the wrong mobile number, though my colleagues were bombarded with calls for months from withheld numbers near begging them to sign up.
Worryingly they still operate... trading is a very difficult thing. It takes years of practice, understanding, knowledge and commitment... a 2 day course and limited understanding will never give these types of returns.
My 2 cents: open a CFD demo account with an FSA regulated brokers, see how difficult it is to consistently make returns. Read books, read the papers and continue to practice if you are safely making money on a regular basis with the same size of deposit as you would actually deposit then go start small and go live :)
I did a course and I felt the 2 day course was a fascinating insight into the world of money and trading.
ReplyDeleteI felt the information was excellent.
I feel the strategies are good and the strategies they teach are those used by those employed by large banks to trade the market.
The technical skills taught are as good as you will learn
The mindset of a trader is something that cannot be taught however.
Forx is liquid. You can lose money fast and if you aren't skilled at picking the right trades, you lose money fast.
It's risky.
Greg blew two trading accounts when he was learning. Some people are good at it.
You have to stick to the rules. You need to look closely at the volume being traded which only is in predictable volumes at certain times of the day.
I have no regrets on doing the course.
I had my suspicions about this company from the very first, when I applied for a 'job' with my CV via Jobsite (What ever happened to vetting and agency protection? The interweb has diluted and eroded quality). Attending the seminar yesterday, all my suspicions were realised starting with the astronomical prices I managed to prize out of the speaker pre-seminar. He was altogether too loquacious and artful at delivering a line and equally inept at answering any off-script question. The presentation was as slick as the opulent surroundings (the new Radisson Guildford) and the promise of easy wealth and casually dropped in references to bling and boys toys all too reminiscent of the inspirational speaker's promise-the-world by accepting a few home truths hypnosis. This fella could talk the hind legs off a donkey. That's funny (spidey sense), all the successful investment gurus I've ever come across are diffident, genial and above all their genius exudes their every pore. By the end of the seminar, I'm suspending my disbelief just for the benefit of the doubt. I tell Mr speaker that whilst quite impressed, I was going to have to mull it over with my partner as it was an organ-sized payment they were asking for, and I needed to satisfy myself it was not a scam. "My wife said it was high stakes gambling until I bought her a car" was his hackneyed counter punch. When I got home, an email exchange proved that there were abundant places on courses when only three were promised. The power of the blog then reawoke me from my utopian dream.
ReplyDeleteIt really is why the economies of the developed world are on the brink of collapse that in the executive microcosms of the banking and corporate world, greed driven people are willing to exploit the more innocent, often more needy, who simply want to make an honest living and live humbly as responsible human beings. The times may be hard economically for the masses but those with extravagant lifestyles need ever more to preserve the life to which they are accustomed, and it is all too easy to prey on those who desperately need a lifeline. That person is also me, as I was made redundant a few months ago and have a young family.
I hope one day soon that my faith in humanity will again be restored.
I think signing up and paying for a course about something that you don't know much about is crazy.
ReplyDeleteI am trading with www.easy-forex.com
I have only just started and couldn't say that I will be a winner but they offer completely free on-to-one training!!
They guy I met was extremely knowledgable and rather than promising a winning strategy he introduced me to the fundamentals and trading psychology used by professional traders that I need to master before I start trading with real money. I'll be on the demo account and have two more sessions with him for free before I decide whether I want to risk any money. It's a no brainer!! Couldn't recommend highly enough at the moment. Call them and ask to speak to Jay, he's the guy who is teaching me.
I'm thinking about becoming an affiliate for them so will post a link here if/when I do that.
Good trading!!
Tom
I'm with Tom having read this and attended a Knowledge to Action seminar I had a look at a few different brokers and Easy Forex was by far the most welcoming. I got 3 1.5 hr sessions of one on one training with my account manager for free... I would advice everyone to just have a look at them and sign up for an account, dont bother depositing to start with, just listen to what they have to say because I liked it and its worked really well for me im 20% up on my capital in my first 4 months which I think is really good Having started with 20K
ReplyDeleteJames Brand
IF you want all the k2a strategies, then go to:
ReplyDeletehttps://sites.google.com/site/k2aindicators/tu-course-indicators
happy trading
this is a huge scam, the guys there know nothing of forex trading and so only spoke vaguely over probing questions. at the end of the session a couple of guys handed over £500 just to get started on the 'course' a furhter 1500 is expected from them for the full 2 day course. for this they get £100 to play with! they also rope people into getting a real time data feed from a partner, this costs £70 a month, another money maker.
ReplyDeleteDO NOT JOIN, WALK AWAY. YOU CAN DO EVERYTHING THEY TALK ABOUT ON THEIR OWN WITH OUT PARTING WITH YOUR MONEY.
Done a course in their London office its named ATM. Not much of an ATM, just a money sucker. The broker then sucked a further £10 out of me because I send my money to Australia. Is it legal, they not FSA regulated. WTF why Australia?
ReplyDeleteWent along yesterday to a free seminar in West London. Although there were around 50 seats just 3 others turned up, all guys, maybe a bit older than myself. Presenter introduced himself as Gurda Singh and said he was a professional trader not a speaker, had started trading while still at Uni, after initial losses made some money and for 5 years works as a trader for K2A. Said he's very successful, has a good like, travels, charters yachts. Showed us slides of himself in the jungle, up a mountain, huskie sledging, standing beside a private plated Aston Martin.
ReplyDeleteSeemed like a nice guy, very smart at 25 years old, gave a great presentation. Said we will make a lot of money with the systems we would learn. Showed us some slides of recorded trades, explained candlestick charts, pips, risk mamangement.
Said that the normal price for the 2 day course was £9K + VAT but that he had 5 places left for a special program where you paid just expenses, this price was £2999 + VAT but you had to sign up there and then.
Great presentation but he made it sound too easy; just follow guidelines and you'll make winning trade after winning trade. I asked how it was possible to predict currency movements, he said K2A knew what the banks would be doing and how that would affect currency pairs. The Snap Back strategy looked neat and simple but again I kept wondering how do they know the market is going to follow the predescribed channels on the screen.
It was very simple: you take our 2 day course, you start to trade, you make money.
At the end of the 3 hour presentation to my surprise all the other guys signed up right there! I guess they were convinced they could do it, which left me feeling a bit flat.
I stayed behind afterwards to ask Gurda some questions regarding how to predict market movements, what the success rate is. He said "you've" seen the slides, you've seen it works so just sign up".
Now I'm a skeptical 47 year old tight git who doesn't part with money easily and I wanted to go away and think about it, after all £3600 inc VAT is a lot of money for me.
Gurda became a bit pissed off with me and said people that think don't do, and that I wouldn't do anything (which may be true). He asked me what my ambition was, I told him to pass on some money to my children, maybe a million each (hey, a guy can dream).
He asked me how I felt as a 47 year old being lectured to by a 25 year old - the implication being that I wasn't successful and he was. I replied I had no problem with it, after all I'll listen to anyone regardless of age if I think I can learn something. He said he would be able to give his kids a million as soon as they were born.
Finally he asked me what car I drove, I told him a 20 year old Ford worth £400 and I was happy with it. He looked really pissed off now so I beat a hasty retreat out of the conference room.
I am interested in forex trading so I'll get a couple of books from amazon and open a trial trading account and see how it goes.
may i recommend "Dumb47yearold", dont 'see how it goes', thats a recipe for disaster my friend. Write yourself a trading plan, plan your trade and trade your plan. If you go into trading with no goal etc, your results will follow suit.
ReplyDeleteAnd to the people who say trades are done with a demo account, im no secker fan, but you cant get a demo account with ETX Capital which is what he was using in the 2 'newer' trades i've seen?
GURDAS SIDHU, he changed his name due to bad press, the aston martin is NOT his, it is gregs, he does not trade but has been coached by greg to sell you a dream he does not live himself.... lies lies lies lies ....
ReplyDeleteJust wanted to pass on some of my 'wisdom'
ReplyDeleteI actaully went to a free K2A seminar back in the summer. The pitch used a lot of buzz words and yes it was very slick, nearly had me convinced ! though i went there knowing that I was not going to part with any cash no matter what their 'today's price only' was offering. I actually checked online reviews like this after coming back from the seminar and was glad that I did. (back then they were charging 3k + vat - none of this 'usually costs 15k business- outrageous)
Since then I have gone on a fx course but not with K2A and have the following points to make for anyone thinking of paying for trading education.
Any trading school comapany saying that trading the markets will make you a millionaire overnight is BSing you hard.
You can certainly make a comfortable living from it if you are successful but don't think you'll make a million just like that - nothing is that easy.
Most importantly with any course - ask questions as to what the after services are - i'll tell you now there is no way you'll be a savvy trader just from taking a 2 day course. Like a medical student wouldnt be a doctor just from reading a medical book - same principle applies.
Personally I reckon you could take between 6-12 months to get consistent - so really how are 3 30 minute catchup sessions taht K2A offer going to be sufficent?
You're going to have questions all the time and you want someone who is able to provide answers. Hence why most retail traders give up as they are not willing to put in the effort to get consistent.
Also you want ongoing support - whether it be via email, webinars, face to face catchup - this is crucial.
The company I am with provides a daily webinar of the previous day and how our systems worked or didn't and will also provide some tactics for the current day too. This is part of the service I paid for - very very importnat for my own learnings.
I also get email/phone access for any questions I may have - very important.
The fx course I went on cost me 4k - this was after I went to a taster 2 day course with the same company that only cost me 200 pounds. I felt that 200 pounds was an acceptable loss if the course turned out to be complete bo**ucks.
In fact I loved it - it made sense to me and provided an honest account of what fx trading was about - they didn't pressure me into going for the more expensive courses but I saw enough to feel that they were the real deal.
In fact on the 4k course I met people who had also done the K2A course too who completetely trashed it.
Anyways, I would therefore say that before deciding to pay a significant amount of money over to anyone I would advise you to go to as many free, or cheapish, seminars to assess the quality and integrity of these so called fx coaches.
Yes there is tons of free stuff on the web to look at - I guess it depends on what value you put on putting in your own time to do the research to separate the relevant stuff from the rubbish and how much you;re willing to spend to get specific info prepared.
I think the key to trading is whether or not you pay for it, is to find a mentor- someone who has been trading who you can bounce ideas and questions off - I think learning from books can only give you so much - sometimes it that little nugget of gold from someone who has been in the trading bussiness imparts on you that can be the difference between making a winning or losing trade.
Sorry seem to have gone off track but hopefully some of this was useful.
Thanks
I'm afraid I agree with all the negative posts on here. I went to a talk yesterday and won't go into detail about it as it's all been said on here already but I was completely taken in by it. I completely believed Gurdas Singh/Sidhu's story about starting at 19 and making money etc. but just couldn't figure out if he was so rich at the end of uni why he chose a) to do a masters and b)to work for a company rather than for himself. I also believed him when he said this was his FIRST week of giving talks and that usually he is a trader. I believed him so much that I was one of the "lucky" 5 who went to sign up for the once in a lifetime deal at the end. Fortunately at the last moment I decided against doing it there and then to go home and discuss it with a friend! SOOOO glad. This blogs has REALLY saved me!
ReplyDeletePLEASE STOP,I WALKED IN AND WALKED OUT,I KNOW A LOT ABOUT TRADING AS MY HUSBAND IS A TRADER AND HELP PEOPLE WITH TRADING,THIS COMPANY SHOULD BE STOPPED, PLEASE PLEASE DO NOT BE SHAMED--YOU CAN NOT LEARN TO TRADED IN 2 DAYS, IT TAKES A LOT OF TIME AND PEOPLE THAT HAVE DONE IT FOR YEARS TO TEACH YOU TO TRADE.
ReplyDeleteSURE YOU'RE HUSBAND IS A TRADER, IS THAT WHY YOU WENT TO A TRADING SEMINAR IN THE FIRST PLACE?
DeleteTurn the caps lock off genius and get back in the kitchen.
I used to be one of the people that worked in client services and yes whilst the company does have tactics to promote their services and sometimes in a manner that will not please everyone there are some good points about what they do. In terms of a lot of speak about Gurdas, I do know that Greg has sold his Aston Martin to Gurdas, I think there is an arrangement there somewhere but i've seen him driving it so take i'd take the comments above with a slight pinch of salt. He is a flash bastard but thats a different story.
ReplyDeleteI followed this link re the post above:
ReplyDelete"IF you want all the k2a strategies, then go to:
https://sites.google.com/site/k2aindicators/tu-course-indicators"
but I can't get in. I did find this new site which seems to have all the strategies and tutorial videos:
https://sites.google.com/site/esignalindicators
"Hey guys their strategies don't work, its all a con"...
Delete"Quickly here is the link to download all their goodness!"...
Interesting...
I recently attended the Seminar in Bham on 12/01/2012 which was present by a chap named Leon who said he was not a present but deals more as trader.
ReplyDeleteVery convicing and impressive and was told they had about 4 spaces left - surprise surprise.
I was thinking about doing the course but after reading the negative reviews definately a No NO.
Can one provide details how I can get started please.
thanks
I went to the same seminar in birmingham on the 12th and i found it really good.
Deletethe people i meet where profesional traders and where very knowlegeable about Forex trading in general.
i learnt alot in the 3 hours we where there but i took the time to speak with the traders after the event and find out more info.
your right you can't learn to trade in 2 days..
but thats not what they are offering, it's a 2 day intensive course where you learn how to use all the indicators and programs and then go away and put into practise the simple ideas they show..
then go bk and learn more, and more
the net is full of webbinars and blogs and other such info so it was nice to see real people activly trading and making there experience passed on.
why slate it?
How to get started? Google for spread betting firms in your locale eg IG Index, City Index in London. Most offer free intro courses.
DeleteThe read. Read as much as you can on the subject of FX trading, spread betting. Use amazon to read others reviews of books. I really liked Currency Trading For Dummies and Spread Betting The Forex Markets (David Jones).
As soon as you gain a bit of knowledge you quickly realise just how hollow and false the promise is of making money in FX from a 2 day 9-5 course.
The Anonymous reply above says "your right you can't learn to trade in 2 days.. but thats not what they are offering, " - actually that's exactly what Gurdas was offering on the seminar.
Greg Secker isn't and never was employed as a trader before he got into selling courses. He worked in IT. Flying trader LOL.
Do not listen to this guy above, how to get started is NOT by having a gamble on your own. Seek professional advice, the markets are not text book.
DeleteThis guy has probably never traded in his life, but hey who am I to stop armchair experts.
Flying Trader is awesome!
I have been offered an interview with this company, as a customer services executive. I had wondered why i could not find much about the company. Does anyone have any information about them from an employee point of view.
ReplyDeleteI attended the free seminar on 14/01/2012 which was presented by the same Loen. The same '4' spaces was touted as available though about 15 of us attended. I was taken in and I signed up with some £495 deposit but I am now developing cold feet. I believe I can get same info/education much cheaper. I will cancell before the 7-day cooling off period.
ReplyDeleteI've heard they treat their employees the same as they treat their customers. They're all a bunch of con men. Don't go near.
ReplyDeleteHey why is there so much desperation to try and download their strategies if they don't work?...If its a scam why are so many of you trying to download their strategies?
ReplyDeleteIf you try and use them it will say "You are not authorized to use this formula"
you people are all fake and talking trash !!!! KNOWLEDGE TO ACTION WORKS and greg seckar and all the staff !!! are more richjer than you all can ever imagine you are ll haters atleeast we all aknow that they have something that works and you all are haters at least you all have proved the fact that greg seckar is a genius !!!! fuck you all haters hahhahah
ReplyDeleteKNOWLEDGE TO ACTION IS AMAZING CHANGED MY WORLD GREG SECKER HAS THE HOLY GRAIL !!!! YOU ALL ARE JUST HATERS GREG SECKAR IS A GENIUS HE HAS MADE ME CHANGE MY WORLD FOR THE BETTER IVE DONE A 720 FUCK A 360 ALL HAIL KNOWLEDGE TO ACTION AND WOOP WOOP FOR GREG SECKAR THE MANS A GENIUS !!!
ReplyDeleteAs an ex employee, i can say that that Leon guy is a proper professional trader who did indeed work in a bank on the trade floor but left to setup his own business, and is doing the speaking and part time coaching until his business gets off the ground.
ReplyDeletegurdas on the other hand..... At least he gets people started into trading is all i'd say.
How do I know all these posts by Anonymous are not from the same person? What if Greg s competitor is paying you guys to make these posts? I have his entire course FREE OF COST. I make 100 pips a day, if you scumbags dont know discipline, even a man like Greg Sekker cannot make traders out of you. How do I know if your complaints are genuine or someone is paying you to write these? Get lost and learn trading you idiots, dont waste time crapping blog sites, just because you dont have INTERNET MARKETING SKILLS, you are lagging anywhere and everywhere. Even if Greg Secker is not a trader, he is an amazing marketer considering you idiots put so much money, IF YOUR CLAIMS are REAL, so admire that and learn something
ReplyDeleteHey guys,
ReplyDeleteAfter reading all these posts its very interesting to hear peoples opinions on the K2A course, I have personally done it and thought it was well worth the money. BUT, not for the reasons you think. I wrote a pretty in-depth blog post about my experience with K2A here, feel free to check it out.
http://forex101.com.au/blog/knowledgetoaction/
I'd love to hear what you guys think, especially actual graduates of Knowledge to action. Peace
- Chip
Do you think we were born yesterday your blog has no content and says the whole thing was written in the last two days!
DeleteChip is such an amateur I agree, but I wonder what your contribution to this discussion is going to be?
DeleteGreg Secker in the News(not the kind of publicity he wants)
ReplyDeleteThis man could make you rich. Or could he?
http://www.guardian.co.uk/business/2012/feb/12/this-man-could-nmake-you-rich-or-could-he?newsfeed=true
I think the publicity wasn't bad at all. All it highlights is that creative accounting goes on in all industries.
DeleteIn actual fact, all the article states is how bloody minted he is, £2 million a year! He earns more than CEO's at major investment banks...must be doing something right.
Oh wait, hang on no.....let me listen to a bunch of bloggers who have nothing better to do on their school holidays than a multi-millionaire...
Thank you. I recently completed a 2 day course with K2A and in my opinion, they are DAY LIGHT MUGGERS. I think that I'll refer them to Watch Dog and if this route doesn't work then there's another way to expose them.
ReplyDeleteIn that article it mentions that K2A lost close to 1M in 2010 but doesn't say why. The reason is because Greg himself was forcing to launch the Trader University course in Australia by a certain date but the course wasn't even created or tested to Australia. They had already began marketing and selling the course and when Greg was told the strategies didn't work in Australia he didn't care. It was only at the last minute he pulled the plug and then blamed eveyone else. Nice guy.
ReplyDeleteIn that article it mentions that K2A lost close to 1M in 2010 but doesn't say why. The reason is because Greg himself was forcing to launch the Trader University course in Australia by a certain date but the course wasn't even created or tested to Australia. They had already began marketing and selling the course and when Greg was told the strategies didn't work in Australia he didn't care. It was only at the last minute he pulled the plug and then blamed eveyone else. Nice guy.
ReplyDeleteIn that article it mentions that K2A lost close to 1M in 2010 but doesn't say why. The reason is because Greg himself was forcing to launch the Trader University course in Australia by a certain date but the course wasn't even created or tested to Australia. They had already began marketing and selling the course and when Greg was told the strategies didn't work in Australia he didn't care. It was only at the last minute he pulled the plug and then blamed eveyone else. Nice guy.
ReplyDeleteIn that article it mentions that K2A lost close to 1M in 2010 but doesn't say why. The reason is because Greg himself was forcing to launch the Trader University course in Australia by a certain date but the course wasn't even created or tested to Australia. They had already began marketing and selling the course and when Greg was told the strategies didn't work in Australia he didn't care. It was only at the last minute he pulled the plug and then blamed eveyone else. Nice guy.
ReplyDeleteThe course wasn't tested to Australia? I'm pretty sure the stock market is the same everywhere. It's pretty convenient how you are an "ex-employee" who knows all about the accounts which you somehow read in the article....
Deleteps. get a better internet connection, no need to post the same comment 4 times.
My husband and I attended a seminar back in 2009 and were delighted to find at best a potential second income and at worst a common hobby. We have had little or no return and we thought this was our ineptitude or lack of practice or not learning it properly. Over two years later all we've done is pay out for more courses and become more frustrated. This is the first time I've admitted to myself that all is not right with the teachers, rather than the pupils. Thanks to your blog and to you all for your comments. The FSA link did not work and there is no mention on FSA website of any disciplinary action against either the holding or trading companies. Its time for us to make a case and claw back our "investment". Any suggestions where we start? SD
ReplyDeleteThis post is beautiful.
Delete"We had little or no return"....so you "paid out" for more courses and "become more frustrated". Of course you did. What does SD stand for? Simple Douchebag?
Take your fake posts elsewhere.
I don't believe the above post to be genuine, can you please explain why after getting "little or not return" would you pay out for more courses? I think the above post is designed to give a negative view and isn't true at all.
DeleteIf it is please post your full name and this can be verified to see if you actually did attend the courses you say you did.
Thanks
Why are my posts getting deleted? The author of this website, are you scared of the truth being written? Leave my posts on here and let the truth be told.
ReplyDelete