Offline Gurus - Ken Roberts
Number of Customer Reviews for Ken Roberts: 27
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Ken Roberts is a commodities guru. I bought Mr. Roberts course 4 years ago, The Worlds Most Powerful Money Manual & Course. I found it very informative and educational. However, once I completed the course it just seemed to me that commodities are too risky. I have no doubt that Mr. Roberts makes money in the commodities market, however I can only imagine how much he makes selling all of his information and services.
If it provides an excellent value to someone then what he makes for his information is fine, however I cannot imagine that very many people make good money in investing in one of the highest risk investments on the planet. Even your top money managers have a hard time making money in commodities. If you have over 1 million dollars (the minimum ante) and want to contract with some of the highest paid money managers that have track records in investing in commodities then I would certainly recommend that course of action. A little research and you can find some excellent ones.
If you insist upon using his information for investing in commodities then I would recommend that you impose restrictions upon yourself and paper trade until you prove his system out for yourself to be successful.
The following are comments of others in regards to Mr. Roberts:
1) “DO NOT SEND MONEY TO Ken Roberts! There, I gave my warning. It said he was rated #1 the last two years but do you know what is funny? He has been saying that in his advertisements for the prior two years before that!
In fact, in the last 12-month period or so his trades, as he lists on his daily hotline, have lost approx. 40%!! I'm not sure of the exact number, so if any of you are Ken Roberts traders and the number is off then I'm sorry.
I really question Ken Robert's convictions. They seem very, very honest and straightforward in his advertisements. That's probably why he gets so many people hooked. But I would have to bet that he makes MORE money from selling his crazy system then from his futures trading.
In fact, I would go as far as saying he makes more than 10 times from his publishing business! Do you know that his manual, TMPWM is like a 3rd grader's version of an introductory to commodities?
His system is merely to buy on the breakouts of a 1-2-3 formation after a one-year high or low, but you have to eyeball the formation. And put your stop below the #1 point.
I forgot how much, but his TWPWM #1 course sells for like $295 or something with a 6-month telephone hotline I think (the hotline is how he justifies the large cost).
And then his options manual, TWMPWM #2, sells for around $150 or so I think, and it too is a 3rd grader's version of a general guide to commodity options. The system in there is to buy a call or put 3 months out and 3 strike prices higher when a commodity has made a new yearly low/high and just turned up.
Come on Ken Roberts, stop suckering all of these innocent people into futures trading! Can you imagine going into futures trading with only the knowledge I've given you here? You've paid about $450 for this info, and you have never picked up a book or anything (in fact, Ken Roberts warns his customers to NOT read any other books or systems about futures trading), and now you are ready to conquer the futures market?
I think Ken Roberts is a guy who is riding on other people’s desire to make money, by packaging something mysterious to the ordinary citizen, futures trading, and making them think a pamphlet-quality instruction booklet will make them money!
"This is just my opinion, though."
At this time I would only recommend Mr. Robert’s course if you are willing to paper trade first, and if that is successful remember paper trading is nothing like really putting your money on the line. If you elect to precede move forward as though it is Las Vegas and you may lose all of your money. If you are not willing to follow a path like just outlined then move on.
Customer Reviews for Ken Roberts:
(Click Review Title to go to review)
||Glen Fisher from Anderson, In.
||2 of 3
|You got what you paid for:
||David M from Ontario, Canada
||4 of 4
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