Post A Scam
Scam: #16774

Scam Alert

Business

 Share

Aydan Flabio

Damage Cost: USD400

istanbul,turkey, Istanbul,Turkey, 01040

Corliss Online Group Financial Magazine Website Reviews

First off, the website banner shows colourful night scenes of probably some the world’s foremost financial centers. But the gaiety somewhat ends there. The entire site seems to be nothing but a drab, text-filled document in one-font size, with a few bold-faced highlights; but that is about all there is to see. No photos of what’s happening inside the stock exchange or even of a UAE Dirham or UK Pound. It appears as straightforward as a lease contract and even feels almost exactly like one -- a reader of the mag somehow senses he or she must always keep on guard in order to find a way to make a profit out of the contract (or investment) and where one might lose one’s money or investment entirely. --- not good to get their advise

Secondly, or on second thought, the homepage design may actually be what is needed to keep the website as clean and dry as it should be. However, it is so “clean” and so “dry” it might not encourage newcomers or beginner-investors to become interested in the matter. The way the site is designed, it is meant to simply orient the uninformed and the inexperienced to get the hang of trading in the markets with the barest essentials in terms of display.

Thirdly, there are links to aid the readers but there are not that many to augment the explanation of the new concepts being introduced in the website. For instance, the concept of risk-reward ratio may be better imparted with additional illustrations or examples to make it easily understandable and, therefore, stick to the mind without having to attend a free seminar. Of course, this could be one way of making some income by encouraging people to attend seminars or purchase apps.

Finally, the website, in spite of its inadequacies, is quite educational and serves as an introductory orientation for those who would want to be involved in the stock market. Perhaps, some testimonial citations or pictures of individuals or even veterans in the trade would help bring out the usefulness and successes of the whole endeavour. It would make the website more credible and attractive to other visitors who know nothing about the stock market.

Related Article:
http://corlissonlinegroup.com

Comments

Add Comment
Not a Serious Contact - http://corlissonlinegroup.com Corliss Online Group Financial Magazine Weblog Reviews

Damage: USD300

I subscribe to the magazine and no response after I paid the subscription of usd49. After a month I received the subscription newsletter but not good --

The website goes through a rundown of so many definitions that, after a while, one gets a feeling that he or she is reading a college textbook. Which is really quite alright as it serves as an elementary introduction to the whole process of stock market investing. Yet, with so many new concepts and definitions being introduced, it becomes quite hard to process, to integrate and to follow through the whole matter without being getting confused or sidetracked with so many details. How do we solve this?

First of all, it might be better if one whole page is devoted to one concept or idea in order to make it less daunting. Let us say, for example, defining what “share” means. A whole page could be devoted to defining and illustrating the idea of the word with some colourful graphics to add some color and fun to the process of learning, especially among the young who might be looking for some fun in what is traditionally considered as a rather serious endeavour. The case of the father who gave his children some money to invest in stocks could be used to illustrate the idea that “a family that invests together earns together.” Facebook is not a mere accidental fluke of a social-media success. The people behind it know how to attract people using networking fun, social sense and shared spontaneity.

Secondly, some of the “golden rules” require more illustrations to bring across the point that they truly work for most, if not all, cases -- that is why they are called rules. Unless, of course, the word “rule” has been used loosely by the authors of the mag’s content. For instance, the 2% rule of portfolio management states that you should not invest more than 2% of your portfolio on one trade. This is basically a restatement of the old saying: Do not put all your eggs in one basket – or all your money in one bank or one investment – because if you do, you could lose everything. Limiting your losses is a practical safety factor a trader must learn to apply. Yet, it takes discipline. Every gambler knows how hard it is to develop that habit. And many a gambler has lost his pants because of that difficulty to resist the temptation to continue betting even when one is already losing.

The other aspect of imparting that lesson is how to develop the discipline. The website does not go the extra mile to assist the reader to make that goal achievable. Who were among the best paragons of such a discipline? What did they do to develop the skill or habit? What specific steps did they take to make it possible to achieve: Did their wives or partners keep their un-invested money for them? Did they have professional managers do the investing for them? Did they reduce the 2% to 1% or 1.5% so that they have a bigger factor of safety against losses?

No Delivery of Subscription on Corliss Online Group Financial Magazine News Site

http://corlissonlinegroup.com

USD500

The danger of oversimplifying the process of investing in stocks seems to pervade throughout the website. Thanks to the almost unadorned, academic treatment given by the writers of the website’s content and the somewhat boring physical appearance of the homepage, in general – but problem is, this group did not deliver my subscription I paid for almost 7 months now.
Of course, we are all aware of what a very complicated matter stock trading is; but the “primer” feel of the website seems to give the wrong impression that the process is such a simple thing to do. Gaining more experience through virtual trading or attending seminars, as suggested by the site, should remove this illusion, and will probably do so. Do not subscribe to them that’s is the best way! They did not reimburse to me as well the 2 months I paid for the subscription of the magazine.

In general, however, in spite of assurances that trading in stocks is not gambling but is a process based on experience and knowledge of certain logical factors, one is not totally convinced of it because in reality many gambling games are rigged to favour the casino (why else would they have all those CCTVs and security people?). How can we be sure that the whole stock market is rigged and controlled by invisible giants to favour their “bigger investments” over the paltry investments of the masses? That what appears to be a fair game from a distance is actually a trap for people to lose their hard-earned money? Readers need more assurance that this is not the real case.
Perhaps, a list of prominent personalities in the industry can provide insight into the real nature of stock trading with emphasis on this particular issue. What specific reasons do they give to refute the prevalent notion that the whole thing is no different from a blackjack card game. Sure, the so-called fundamentals of the market and the social and economic realities in which they operate have a great bearing upon how these markets react or behave. But what are the big players’ actual valuable experiences and wisdom that help to prove that this is what is happening and that they can also guide others as well?
There are other magazines out there! Wake up!
Some interesting anecdotes throughout its past might help dispel this bias against the industry. Not a single one seems to have been mentioned. Considering that majority of the people engaged in the industry are the wealthy, how is it then different from the big-time gambling industry where only the rich are also involved? Unless and until the ordinary individual feels he or she has a chance to become part of it without feeling being left out or turned off by some financial disadvantage or mob-controlled mechanism, promoting the industry will take a much longer time and effort.

Add Comment