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Is There an Investools Scam?
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Investools Incorporated offers a range of investor education products through the internet, work at home programs and seminars that claim to teach beginner to intermediate-level investors how to buy, sell and trade on the internet.
They use what is referred to as “Black Bow Trading” in which the customers’ computers automatically buy, sell and trade stock on-line based on certain on-line indicators. This is possible through software that the Investools sells.
While the Investools does seem to offer useful information to experienced traders and investors it is dubious that any company can teach beginning investors to successfully buy and sell on the Forex market in 2 days. Factoring in the not insubstantial prices of seminars, membership packages and other materials it would seem to take remarkable effort on the part of a participant to make money with Investools. Claiming that there is an Investools scam, however, is not legally accurate. |
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