Difference between revisions 60509381 and 60511504 on enwiki

{{cleanup-date|June 2006}}   
Several people calling themselves '''Forex teachers''', sell instruction on [[DVD]]s claiming to educate uneducated traders in how to profitably trade the [[foreign exchange market]]. 

{{Advert}}

==Teachers==
[[Image:Jamesdicks1.jpg|thumb||right|95px|James Dicks.]]

* '''James Dicks''' 
Mr Dicks is the founder of 4x Made Easy and is the president, as well asnd CEO of PremiereTrade, Inc.⏎
He claims to be "the world's leading educator on trading the spot foreign currency market" [http://www.whoisjamesdicks.com/publicationsForex.php]. 

Fox 31 TV in Denver [http://www.fox31news.com/_ezpost/data/6465.shtml] questioned the business approach of Dicks and his colleagues: 
"So the question remains if the software works so well - and is so easy - why aren't these guys sitting back making millions instead of selling you the software??"
and suggested that their operation is the "slickest con game in America - right now."

The [[Houston Press]], an alternative newspaper, The [[Houston Press]],[http://www.houstonpress.com/Issues/2006-02-02/news/sidebar2.html] in ''Who is James Dicks?'' (Feb. 2, 2006) states that "You can't help but feel bad for James Dicks.... Dicks had great difficulty answering questions about his work history. He also didn't know if he held active securities licenses.... Dicks admitted to being a defendant in fraud cases, but he did not know how many."

(contracted; show full)

"Dicks's deposition in that case is a fascinating glimpse into the world of hucksterism." 

He is reportedly the nephew of [[Charles Givens]] [http://www.houstonpress.com/Issues/2006-02-02/feature_3.html] who "wrote investment books with titles such as ''Wealth Without Risk'' and roamed the country selling suckers his get-rich secrets."


The product he currently sells is "4x Made Easy" - software which he claims helps currency traders make trading decisions. He also sells several DVD courses, where he and others claim to teach how to use this software.  

* '''Jonas Duxén''' 
Mr Duxén is a Forex teacher and proprietor of FX1HAND DVD course. He claims that his course is all that is needed to learn to trade the Forex and offer no other services, like a newsletter or website. His course is mainly centered around Candlestick Patterns, Support & Resistance and Money Management, as well as an analysis of what he calls the major Forex brokers. 
In the FX1HAND DVD course he teaches "First-Hand", by showing directly on the screen how to implement his techniques.

* '''Peter Bain''' 
Mr Bain is a Forex teacher and proprietor of FOREXMENTOR DVD course. His trading techniques are centerad around certain Pivot Points and following what the "big dogs" do, i.e. if bank or institutions are buying or selling a currency. He is also offering a trading newletter and a website where traders could discuss the techniques taught by him. 
In the FOREXMETOR DVD course, the viewer are taught all these techniques by watching a taped seminar, where Peter Bain is teaching an audience of traders. 



[[Category:Fraud]]