Real Consumer Reviews and Ratings
Teach Me to Trade Reviews and Ratings
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Overall Rating 
Manufacturer
Whitney Information Network, Inc.
Product Description
Stock trading system promoted by Russ Whitney.
Average Retail Value
Unknown
Comparisons
4X Made Easy | Optionetics
Consumer Ratings
worth it
5/12/2008 - chrissy of ma., u.s.a writes:
for every person who says its a scam you are crazy. this is an education in the stock market. do you think colleges are scams too? with t.m.t.t you will learn so much. after the seminar i was impressed! maybe you na sayers just can't grasp things too well!!
Teach Me To Trade
4/14/2008 - Ryan of Texas, United States writes:
After trying teach me to trade, It was actually better to sign up with a actual stock trading site like [], I got more out of it than with tmtt
48 hours delay trading software
3/23/2008 - jef of MA, USA writes:
2000 bucks software with Win95 interface, real-time chart small delay just about couple days. Use free software instead, can download plenty of that. No reaction for "unsubscribe" emails other than next bill, not much money though, just 60 more bucks. Do you you need more feedback?
Infomercial stars charged with fraud
3/11/2008 - bill of MA, USA writes:
Two self-proclaimed experts at trading stocks who used infomercials and hotel seminars to tout their abilities have been indicted on federal fraud charges. Linda Woolf, 48, of Sandy, Utah, and David Gengler, 34, of Draper, Utah, passed themselves off as successful investors and persuaded consumers to pay anywhere from $3,000 to $40,000 to learn the "Teach Me to Trade" stock picking system, according to an indictment in U.S. District Court in Alexandria. Prosecutors say Woolf and Gengler lied or omitted pertinent information about their profits in the stock market and their annual gains and losses during presentations given at hotel seminars across the country. One of Teach Me to Trade's supposed stock trading experts was actually recruited by Woolf from a nail salon, according to the indictment. Woolf and Gengler also were featured in Teach Me to Trade infomercials. In one, Gengler explains how he doubled a $10,000 investment in one week as the studio audience oohs and aahs. "Luck has absolutely nothing to do with this," Gengler tells the audience. "This is simply a system. If you can follow the rules ... you can find your financial future." Woolf and Gengler worked as independent contractors, according to the indictment, and received sales commissions of 10 percent to 15 percent from Teach Me to Trade, which is a part of the Whitney Information Network, a publicly traded company based in Cape Coral, Fla. Whitney itself is not charged, though the indictment says Woolf and Gengler relied on the company's "fradulent marketing efforts" to entice the public to their seminars. The charges against Woolf and Gengler, which include wire fraud and conspiracy to commit mail and wire fraud, carry maximum penalties of 30 years in prison. The Securities and Exchange Commission also has filed civil fraud charges against them. Calls to their attorneys were not returned Tuesday. A spokeswoman for Whitney declined to comment. In its 2007 annual report, Whitney said it was notified in late 2006 of investigations by the SEC and federal prosecutors. At the seminars, Woolf and Gengler allegedly helped consumers talk their credit card companies into increasing their spending limits so they could purchase expensive Teach Me to Trade training materials. The seminars also employed "success coaches" who would review an individual's financial portfolio to target wealthier individuals for more expensive sales, according to the indictment. Whitney estimates about 28 percent of the people who attend its various free introductory workshops -- which also include topics on real estate investing and managing cash flow -- end up purchasing some type of training course. At a Teach Me to Trade seminar Tuesday at a Hilton hotel in Alexandria, about two dozen people of all ages listened to a presentation urging them to spend $200 to attend a more intensive, three-day session. A welcome screen warned that "testimonial results are not typical. Each student's success depends upon the unique skills, time commitment and individual effort of each student." Several people stayed for the presentation even after overhearing discussions about the indictment. A few walked out in the middle of the presentation. One man who declined to give his name said he saw an infomercial about the seminar a few days ago but was disappointed that the session focused more on selling classes and software than providing investment strategies. "I thought they would talk about stocks, but they didn't," he said. In 2006, the company had earnings of $1.8 million on revenue of $225 million. Whitney stock, which trades over the counter, rose 24 cents, or 14 percent, to $2.00 per share in afternoon trading Tuesday. ------ On the Net: SEC press release: http://www.sec.gov/news/press/2008/2008-39.htm
$199 3-day seminar
1/13/2008 - les of California, USA writes:
The basic $199 3-day TMTT seminar for my buck was excellent. I learned valuable on-line free resources, types of orders, basic indices, simple technicals and fundamentals, risk/reward, options (including covered calls and straddles.) However 1/3 of the seminar was motivational - primarily centered around taking the plunge of additional, extremely expensive classes (even if it meant taking out additional credit on your credit card.) The other third was pure sales pitch for the classes, which in my opinion bordered on desperate to strong-arm sales (including good-cop, bad-cop techniques.) As an example on the 2nd day the instructor (who has a nerve damaged right arm, that I'm sure all of us were curious of from the beginning) literally had me in tears over the story of how he wants the freedom to spend more time with his family and wants to help as many people become financially independent. This is his mission because he said he has Lou Gehrig's disease and has 3-5 years to live. True/false - I don't know. Let's just say my initial emotional reaction isn't consistent with logic. After the 3 days and doing the math - it doesn't add up. Think about it... Our class had 50 people, that's about $5000 operating expense for the seminar. With 4 instructors/counselors and a manager, three night stay, travel, rooms, materials... I just know if I had 3-5 years none of it would be spent trying to land the 'Big Kahuna.' You get the point - TMTT NEEDs to get a few $9k-$33k packages just to remain solvent. If you go, just make sure you shake with your left hand.
Biggest Ripoff!!!
1/12/2008 - Chad of Arizona, USA writes:
I recently went to the free seminar in Arizona just to see how much trading information could be tought in a 2 hour class. What a joke that was! It was 2 hours of trying to be scammed into paying $200 for a 3 day workshop. After listening to basically a salesman in a cheap suit talk about the money you could make with their product I realized how much information he was leaving out on every chart he showed. It was just enough to get your attention but also confuse the hell out of you to make you feel stupid. Then he would explain how with more classes all of this would become clear and easy to understand. Its a scamming sales pitch...take my advice and save your money. There is plenty of free information on the internet.
the three day is great
1/4/2008 - jerry of - -, Costa Rica writes:
I attended the three day $200 event a year ago. It was excellent. The amount of knowledge in statistical trading that was imparted by our trader was incredible. If you sign up for more courses, it is expensive, but actually is for two people to attend seminars, not one. Two could attend the three day for $200 also. The extended trading includes: On line workshops, CD's of actual sessions, and classes to attend in various locations. The most serious flaw I see is that they do not follow up with on-site training schedules.. I am trying to get into one this year, but their interest has moved into Real Estate investment.. I will be scheduled, or will greet them at their office in Florida to find out why no!!
Teach Me to Trade
11/15/2007 - Karen of Florida, USA writes:
The free seminar is a sales pitch to pay $200 for a 3 day training class, which they can't stress enough is up to you whether you want to can attend to improve your financial position. They will not give you any other dates only the 1 3 day workshop and tell you if you join you can go to another workshop within a year.
Be extremely cautious
7/16/2007 - Jay of Michigan, USA writes:
This is a company that makes money off of very expensive training seminars. Be extremely cautious not to be "talked into" something you're unsure of. Their training costs are up to thousands of dollars. I went to an intitial "workshop" and didn't see sales people strong-arming anyone, which was surprising, but then again, maybe I wasn't looking hard enough. If this is something you think you're interested in, I would recommend trying to meet a professional trader who is not related to this company or a similar company. See if they'll spend a little time explaining what trading is really all about, and someone like that can probably advise you on how worth it is to spend money with a company like TMTT. I'll guess they'll say to not do it.
Good Info
5/9/2007 - John of Tennessee, USA writes:
Took the Intro 3-day class, which was provided very good information. I gained a better understanding of the trending patterns and how to better predict if a stock is on a bullish or bearish trend. I was really impresses by how much I learned in the three days. Yes, they do start pitching the advance classes in the Intro class; and yes, they are quite expensive. I cannot afford to take advanced classes now, but beleive that the Intro class has improved my trading knowledge to allow me an additional 5% profit on many trades.
Well spent $200
5/7/2007 - Tawes of Florida, USA writes:
The free 2 hour class is well worth your time. The $200 3-day class is worth every penny. However, be prepared to be sold further extensive expensive training. I did not take any classes or assistance beyond the $200 class. Whether further training would be right for you depends on your personal goals and financial situation. In all fairness to TMTT, if you want to self-manage a large sum of money... and those advanced training costs (up to $40,000) represent less than 10% of the assets that you plan to manage, I have to say you might consider exactly how you plan to become proficient and how much you think it will cost. Some people are just lucky or naturally smart and can do well with a minimum of training. Some people over-analyze or otherwise just never can quite get it. They'll be glad to take your money to help you figure out which one you are.
Teach Me To Trade
3/4/2007 - Judy of Minnesota, USA writes:
This program is too highly over priced, too much time and too much commitment. It is grossly over rated. I have taken three 6-8 week courses of trading and came out very little actual working information on the trading knowledge.
Teach Me to Trade 3 Day Seminar Review
3/3/2007 - Tim of Virginia, USA writes:
Very entertaining and a lot of good motivational speaking. The trading information was good and realistic. You end up with a great overview of how much you need to understand to be successful at trading. (fair and fun) The hook is 4000. to 21,500 of additional training needed. The three day seminar cost ether 199. or for the executive package 399. Ultimately no difference between them. Worth the 199 just don't get hooked for more without looking deep into other educational opportunities. The end game is to get you to start trading business with TMTT as your franchise. May be a good idea but treat it like a business purchase. Do your research.
Teach me to Trade education?
1/13/2007 - Jonathan of Minnesota, USA writes:
I actually paid 2k for the three day class. The first two days are very informative and you end up learning quite a bit. The third day is an overview and a up sale from them to talk you into all these other courses. I didn't make a dime trading stocks. I still watch markets and have realized indicators they have you look at are based on moving averages. These indicators look great for past performance but don't tell you how to invest today. Be careful of any great marketing that has you look at slow stochastics and macd. These indicators are both based on moving averages and look great at past performance but try to make a decision today based on them. You will find they don't cross till the market moves. Bottom line, any offer telling you to be your own boss create your own hours, and you will make tons is just a scam.
teach me to trade
12/30/2006 - John of Illinois, USA writes:
They scam you for your money. Up to $45,000 worth in trying to buy into their website. TERRIBLE!!! A lot of people are brainwashed during the 1st FREE seminar and end up wanting to pay $12,000 for the next seminar.
Became a full-time trader
5/15/2006 - Des of Indiana, USA writes:
It cost a pretty penny for the trading education, but nothing in comparison to the cost of my private college tuition. My development stages through my trading journey were not a cake-walk by any means. However, two years after my first of several courses with TMTT my trading became successful enough that I was able to quit my job of six years to become a full-time trader. I formerly worked as a Sales and Marketing Director for a dental laboratory. It’s kind of cool to think about the fact that I retired at the age of 31. I am not sure if I am the exception or not, but I guess some people either make something of their college time an expense when others simply do not. I believe courses such as TMTT is the as any other higher education. It's what you put into it. Thanks TMTT!
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