George Angell
Reviews & 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.
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a variety of resources to gain a well rounded investing education.
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Customer Responses, Reviews, or Complaints for
'George Angell'
Average Rating is
3.00
out of
5
based on
5 reviews.
assowlyGoma Location unknown | 4:43pm on July 5th, 2010  | Hey Guys! Just wanted to say hello to the new community :). Thanks for letting me in! :D |
Benjamin Suhr Wisconsin, USA | 12:53pm on May 14th, 2010  | The true wisdom of George's Trading methods never cease to amaze me. I love it when people bring up the LSS Software incident. Maybe he shouldnt have written some of his claims. Fact is you can prove it to your self dayin and day out, that Sniper numbers are a beautiful thing. Ive been trading since 1996 and have studied about everything out there. Today, May 14th, 2010 I missed calling the S&P Mini target by 1 tic. the 1st leg that measured 65 tics,and so did the second leg. Give or take a tic. Nice profit and out by 10:30 am central. And for people who say its a simple 2 leg system, thats right....keep it simple. Sometimes what can be written in one paragraph can be worth the cost of the whole coarse. Again LOOK FOR YOURSELF!!
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sardul california | 5:23pm on April 21st, 2010 | I attended one of his day trading courses years ago. I found it very useful for me. I have done some calculations for LSS system by hand for myself. Some of the components of LSS system can be used for daily trading independent of whole LSS system. It has proven extremely useful for me.
Trading courses can be used as a guidelines in mastering never ending pursuit of trading. you got to develop your own methodology if you want to be successful in trading markets. |
Steve Ohio | 10:19am on April 13th, 2010 | I was one of those traders who not only bought Angells' LSS system but spoke to him personally on the phone about my account size, trading experience etc. This was during the time the full size S&P was $500/point. The system had you risking maybe 7 points a trade. My account was $20,000. and it was a short lived experience. The point I am trying to make was that not only was his system flawed but he was essentially full of BS for even recommending it to someone who at the time didn't know better and the risk for each trade as a percentage of the account size was waaaay out of line-for this I neither forgive him and believe the guy belongs in jail instead of Florida. He is definitely a worthless P.O.S. and being called a scammer is a mild moniker... |
Leon Kansas | 9:50am on March 22nd, 2009 | Although George Angell's was just back tested and the SEC was all over that , his trading courses more than helped me more than any ones .
Just as Wells Wilder predicted the time for the German Mark to top a year in advance and was smeared because of it .
In actuality it bottomed just when he said it would top. So anyone with a clue about trading would know it could be a top or bottom when your timing a market move so instead of putting him down like everyone seems to want to do with George Angell you should open your eyes and think for yourself instead of letting some one else do your's
There is nothing better than using George Angells sniper Fib numbers to do your trading .
Do you think there might be some powerful people that don't want the public to know what George Angell , Larry Willims , Wells Wilider, and other are showing you to do . Think for yourself and and don't let the news people ( with no clue about trading at all and the most stupid ones of all the SEC Attorneys really don't have a clue at all ) feed your mind with mush .
Look for yourself!!!!!!!! |
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