Some of what "Mac X" s promising is basically to teach you how to do insider trading, which is illegal. It seems like this is a felony waiting to be prosecuted, or getting away with not being prosecuted.
The tie to anything NDN is very slim, his claim to be from a reserve, no name, no tribe. Other accounts describe him as being a devout Christian. My guess is that both claims are just cheesy attempts to gain trust.
One account.
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http://www.earlytorise.com/community/viewtopic.php?f=10&t=4056&view=previousOk, I bought the system in spring 07 and have mixed opinions about it.
Below is my evaluation of Mac X, The insider code, and the whistleblower.
When I received the material I went through it all as quickly as possible, 4+ hours, every single day, and have continued at that pace since then. It took me 3 weeks to go through the material one time. I have yet to make a profit. Unfortunately the 30 days are long since up, so I am still trying to make a profit and recover the cost of the course because I can not get a refund.
Mac X is a well intentioned person who really wants to help, but over sold, over promised, and under delivered. His sales letter is approaching false advertising; His kit does have some good information, but does not deliver what is promised at all! He does know trading quite well, and is available in person but there is not reason for him to keep his identity secret, that is pure hype. He means well, but does not deliver. I believe, (or at least hope) the hype hawkers at ETR wrote this ad for him because it is exactly like every other hype filled sales letter they send out. In his material, Mac ends by saying God Bless. For someone who believes in God, and has links to Christian web pages on his site, I expected more integrity and less sales hype. Mac is now advertising a live event to his “insiders??? with more of the same lingo and hype; it seems more and more that he is just in it for the money, not really to help others by delivering what he promised. Below is my experince on what the system does, and does not provide.
Here are a few of Mac’s false promises:
“And remember, 30 days is not only enough time for you to actually test this out... it's enough time to double your money too! I hope you'll see this as an investment in your future, so my aim is to help you get money in YOUR pocket as quickly as possible. There's no reason why you can't double your money within 30 days of receiving your kit and then use it as a perpetual ATM for you and your loved ones.
“VERY Little Start-Up Capital Needed???
“AND, don't think I'm trading with a fat wad of cash to make my few hundred dollars a day; you could trade at the very same level as me for just a couple of grand! Yes, using my system, that really is all you need to get going and CLEAR an average of $2-300 a day in your pocket???
“30 days is more than sufficient for you to see this is for REAL!???
“I Now 'Work' Just Half an Hour Each Day From Home!
May I Show You How to do the Same?
“In the evening I spend about 20 minutes deciphering the Insider Code. Once I see it, I set up the correct trade to happen AUTOMATICALLY the next day. That's right, you heard correctly- it's all set up to go on autopilot... no frantic staring at flickering screens and being chained to the computer...!???
“This isn't hype.
The Proof:
Mac has been running a demo trading contest for his inside traders who have supposedly learned his system.
He Posts the results on his web page after each contest.
In every contest, 75% of the people have lost all their money or broke even after a month of trading.
Of the rest, less than 10% have made over a 10% gain in their account in a months time.
Mac never enters his own contest, Why not show us all how good he really is by participating in his own contest so we can see that this really works? He can still let someone else get the prize.
Here is what you do not receive:
1. You do not receive A system that takes less than 30 days to learn, put into practice, and turn a profit from. (The instructional material alone will take you 50-100 hours, MINIMUM, to learn and put into practice, I’ve personally put in over 1000 hours and still am not profitable.)
2. You do not receive A system that takes only 30 min a day.(To be profitable as the sales letter states, you need to monitor your trades through out the day.)
3. You do not receive A system that will pay for itself, or double your money in less than 30 days with only a few thousand to work with. (There is little chance that most novices will be able to master the system, and make enough to pay for it in 30 days. In his own material mac states it will NORMALLY take at least a year to become profitable. He has personally told me it will require much more than a few thousand $ to make the system work at that level. He also stated to me that I will have to take on much more risk than is taught in his system.)
Here is what you do actually receive:
1. Access to Mac via phone (occasionally) and email, but, lately he has hired a staff and it is getting harder and harder to reach him or get personal responses in email.
2. Access to the web page and lots of descent instructional material on forex trading.
3. Very basic and general overviews on what trades to take on his daily videos
4. Detailed Instruction on how to become a full time day trader (several hours a day) after a year or more of learning and trading and at least 10K to start investing with.
To Mac:
If your going to say you believe in God then you represent him, and you need to be above reproach. The way you have conducted you business does not help people see how much God loves them. REPENT, issue and apology for over promising, MAKE RESTITUTION with anyone who feels taken advantage of and, get some integrity. Then only promise what you can deliver as you promote your system.
To ETR:
How about doing a seminar on ethics and integrity in business and advertising, servant leadership, value added products, and true information disclosure….for yourselves? How can you sleep at night?
