Review & Customer Comments for Trading Guru George Angell
George Angell
is a very well known active trader and stock
market education author. He has written many
books on a variety of topics, covering everything
from Options to Futures trading. George Angell has
consistently received rave reviews for all
his books. This is due to his ability to
present material that’s appealing to both
novice and experienced traders.
George Angell takes an interesting
approach to writing about investment
strategies and his methods. He relies on his
experience as a floor trader at the Chicago
Mercantile Exchange to develop engaging
examples. He has been known to say that
floor traders are the most knowledgeable
group when it comes to short term price
movements, as apposed to outsiders.
George Angell’s most popular books
include, Winning In The Future Markets: A
Money-Making Guide to Trading Hedging and
Speculating, Sure-thing Options Trading: A
Money-Making Guide to the New Listed Stock
and Commodity Options Markets Sniper
Trading: Essential Short-Term Money-Making
Secrets for Trading Stocks, Options and
Futures.
Typically, George Angell’s older books
have received more praise than his latest
work, Sniper Trading. The book was
criticized for being rather disorganized and
thin on content. Readers have complained
that the main strategy of the book on two
leg trading is not anything new or unheard
of.
Aside from his generally positive reviews
there has been one scandal involving
George Angell that has severely harmed
his reputation. In the mid nineties he was
marketing a computer system based on his LSS
trading system.
In his advertising he stated that the
examples and proofs in the program were
conducted using real time testing, however
the CFTC (Commodity Futures Trading
Commission) trial would reveal otherwise. It
turns out the methods were only back tested,
making George Angell guilty of several
infractions, most importantly defrauding
customers.
The findings of the commission were
issued in 2002 and since then many traders
have turned their back on George Angell’s
products. Scandals like this are why many
people scoff at manuals and books that claim
to be able to teach trading methods and
systems.
The fact is that no matter what anyone
says there is no proven system for the stock
market, and what may have worked at one time
is not sure to repeat itself. This is why
there are problems with stock trading
courses such as falsified results, over
exaggerated profit claims, and at times just
plain old wrong advice perpetrated by gurus
like George Angell.
This is why it's important to learn as much as you can and take advantage of
a variety of resources to gain a well rounded investing education.
One such resource that has been showing remarkable and consistent results is the
"F.A.P.S" trading software. Once
the FX Autopilot software makes its picks you
simply follow the recommendations and keep tabs on the signals.
Since its inception 18-months ago FAPS has been responsible for the creation
of 8 millionaires with an additional 3,000 clients reporting earnings in
excess of $100,000 per year. This isn’t some weekly newsletter ‘advising’ you on
how to pick penny stocks.
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