Jump to content


Make Money Forum Announcements

HELLO
* * - - - 12 votes

Ternarysystem.com Ternary Trading System Scam? Any Reviews


  • Please log in to reply
294 replies to this topic

#1 Marketer Man

Marketer Man

    Advanced Member

  • Members
  • PipPipPipPip
  • 60 posts

Posted 02 March 2012 - 07:07 PM

I received an email from Nick James advertising the Ternarysystem.com. Is it a scam? anybody got any reviews about it. Looks like it is gambling, and nobody ever makes any money from gambling right?

Any suggestions welcome.

Thanks.

#2 Forum Admin

Forum Admin

    Administrator

  • Administrators
  • 649 posts
  • LocationUSA

Posted 02 March 2012 - 08:04 PM

After research, we have found It is offered actually by Tim Lowe, and the website is verbally offering:

Make £2,500 EVERY WEEK from FOOTBALL - WITHOUT GAMBLING

Well, it IS gambling, hence the reference to TAX FREE money.

And the price of the course is: £900,

This apparently, consists of:

Ternary Trading System 2 Manual / 2 DVD / 2 PC-CD-ROM Product.

A large outlay, and there is a 45 day moneyback guarantee.

Interesting, because Tim Lowe is VERY aware, that should this backfire, then the scam-type forums will be all over this.

I wonder, if we should actually test this system, in a real-time-fashion to see if it lives up to it's claims.

I wonder if Tim would allow us to do this, as a live experiment.

Think I will contact him, and find out. (edit, tried that, and no reply. Oh well)

(Please note, that no copyright infringement has taken place, but the above details were verbally translated to create this post)

#3 Marketer Man

Marketer Man

    Advanced Member

  • Members
  • PipPipPipPip
  • 60 posts

Posted 02 March 2012 - 08:38 PM

I did see the price was £900 and even with the discount card that came with the mailing I can no way afford to risk that amount of money. I have tried gambling systems before, and never made money, so I would still be interested in reviews of this from people that have tried it. I have never heard of Tim Lowe to be fair.

I could do with the £2500 a week though that the system claims you make from it. I just cannot risk that much cash, definitely not for gambling. The wife would kill me!!!!!

#4 needhelpwithmoney

needhelpwithmoney

    Graduated Member

  • Members
  • PipPipPip
  • 20 posts

Posted 03 March 2012 - 03:38 PM

Ouch. £900 for a gambling system?

I did a bit of researching about this, and trading is still gambling. I wonder where they got the name Ternary Trading System from, as that is unusual, is it not.

I have also dabbled in gambling, with a few systems, and I also used to visit gambling forums, and nobody ever really made money long term.

#5 Starchaser Katie

Starchaser Katie

    Moderator

  • Moderators
  • 175 posts
  • LocationIreland

Posted 03 March 2012 - 04:30 PM

It does seem a lot of money for a way to make money, especially if it does not work.

Katie x
http://www.makemoneyforum.com - Forum Moderator

#6 CaseyBell

CaseyBell

    Graduated Member

  • Members
  • PipPipPip
  • 44 posts
  • LocationWisconsin, USA

Posted 06 March 2012 - 01:35 AM

Something else you need to consider, not just with this Ternary Trading System, but with any gambling type of system that offers a moneyback guarantee.

Even though a system may offer you a money back guarantee, you could still lose money, because don't forget you will have to spend money to gamble, so if it does not work out, you have still lost the money you have gambled with.

I have heard of people to literally lose their shirts through gambling, house lost, car gone, relationship gone. It can easily be a slippery slope.

And consider this, too. If there really was a guaranteed gambling system, do you really think somebody would be advertising it?? It would be like holding a winning lottery ticket. Would you share a winning lottery ticket??

Think about it!

#7 MrC

MrC

    New Member

  • Members
  • 1 posts

Posted 06 March 2012 - 10:06 AM

Well I know he makes it hard to cancel it. There are no working return addresses.

This isn't the way for genuine business to operate under the guidelines of the Distance Selling Regulations, is it?

#8 Forum Admin

Forum Admin

    Administrator

  • Administrators
  • 649 posts
  • LocationUSA

Posted 06 March 2012 - 12:43 PM

View PostMrC, on 06 March 2012 - 10:06 AM, said:

Well I know he makes it hard to cancel it. There are no working return addresses.

This isn't the way for genuine business to operate under the guidelines of the Distance Selling Regulations, is it?

Well, knowing that Tim Lowe is very active on certain forums, well, he used to be (on scam.com) whenever he was questioned, it surprises me that he would make it difficult to cancel, then again, it is all a percentage game, isn't it? Some try to cancel, some don't know how, etc. etc. The end result for marketers is usually a higher profit by making it more difficult.

The problem is, that such issues always make their way to forums; hence my surprise.

MrC, did you purchase the system? What are your thoughts?

#9 homeland

homeland

    Graduated Member

  • Members
  • PipPipPip
  • 24 posts
  • LocationBonny Scotland

Posted 08 March 2012 - 01:19 PM

Don't waste your money on this, the ternary system is similar to another system being offered out there for about £70, based on betfair. Tim Lowe is well known for offering high priced items, because it seems he has been taught by Andrew Reynolds that buyers paying more interest and perceive higher priced items are more worthwhile, when the it could not be further from the truth.

Keep your money in your pocket, that is the best bet you will ever make.

#10 Robustfisher

Robustfisher

    New Member

  • Members
  • 9 posts

Posted 09 March 2012 - 02:22 PM

Ternary Trading System? Gambling is not in my religion, and seen as bad by my people.

#11 norseman

norseman

    New Member

  • Members
  • 1 posts

Posted 09 March 2012 - 08:18 PM

This is how to make a great deal of money:-

1) You take a betting system and sell it for around £70 on the net...
2) You decide to write a terrific sales letter and hide it behind a password protected site (possibly to keep trading standards away from it...??)
3) Charge around £600 to £900 at this stage and try to get testimonials from the small number of customers who experience beginners luck
4) Rely on the fact that most peoples grasp of mathematics is not too good so they wont clock the true nature of the projections in the salesletter...
5) Once a few testimonials are received the real fun begins...
6) Now we multiply the entry charge by another factor of ten to £6000 and send out mailshots for these seminars (amazingly people still pay...)
7) If you can get 100 people to these seminars you have made 100 x £6000 = £600,000
8) Hope like heck that nobody does loads of whois checks to see who registered all the websites involved
9) Try to dissuade anyone from taking screenshots (eg mwsnap)or screencams of your password protected site (stops any pesky investigations by trading standards who are understaffed anyway)
10) Find another similar project and repeat this about 3 time a year netting 3 x £600,000 =£1.8 Million per year
11) Pretty neat work you have to admit....

#12 Forum Admin

Forum Admin

    Administrator

  • Administrators
  • 649 posts
  • LocationUSA

Posted 10 March 2012 - 02:15 PM

Interesting concept, Norseman. You wouldn't be a tad cynical about Tim Lowe, would you ;-)

#13 Ann

Ann

    New Member

  • Members
  • 5 posts

Posted 18 March 2012 - 11:00 PM

All your posts are by people unprepared to actually try the system out! I received the system just a few days ago, and for your information, there IS a return address, Tim Lowe's office phone gets promptly answered, by very friendly helpful people. They also provide an Admin email address!They seem to be bending over backwards with honesty & transparency.

From previous info, it is clearly stated that no more than 10k can be made each month, but hey, where else can you get that? Just by pressing a few buttons on a computer! (And in your own time, without some boss, breathing down your neck!).

#14 Growler

Growler

    Advanced Member

  • Members
  • PipPipPipPip
  • 70 posts

Posted 18 March 2012 - 11:32 PM

View PostAnn, on 18 March 2012 - 11:00 PM, said:

All your posts are by people unprepared to actually try the system out! I received the system just a few days ago, and for your information, there IS a return address, Tim Lowe's office phone gets promptly answered, by very friendly helpful people. They also provide an Admin email address!They seem to be bending over backwards with honesty & transparency.

From previous info, it is clearly stated that no more than 10k can be made each month, but hey, where else can you get that? Just by pressing a few buttons on a computer! (And in your own time, without some boss, breathing down your neck!).

Yes, you are right, Ann. I am unprepared to GAMBLE £900, on a system that others are stating costs about 70 quid.

10k a month just for pressing a few buttons

I suppose you believe in fairies, too. I sure would love to see screenshots of your 10k a month when it happens, but I won't be holding my breath,

#15 Ann

Ann

    New Member

  • Members
  • 5 posts

Posted 18 March 2012 - 11:45 PM

To Growler,

I do not believe in fairies, but I do believe that once my 45 day trial is up, that I will easily be able to get my £593 refunded, which was the price I paid, to include the £307 voucher, that's if I don't do very well, but at least I will have tried.

#16 Starchaser Katie

Starchaser Katie

    Moderator

  • Moderators
  • 175 posts
  • LocationIreland

Posted 19 March 2012 - 11:35 AM

Hi, Ann.

Please let us know how you get on with the system, and at the end of the 45 day trial. It will be interesting to know.

Thank you.
http://www.makemoneyforum.com - Forum Moderator

#17 Growler

Growler

    Advanced Member

  • Members
  • PipPipPipPip
  • 70 posts

Posted 19 March 2012 - 03:03 PM

I think many would be interested in the results, but as it is already discussed on the thread, a similar system exists for far less money. If it works for you great, but if it does not, then let us know if you get your refund.

#18 Starchaser Katie

Starchaser Katie

    Moderator

  • Moderators
  • 175 posts
  • LocationIreland

Posted 19 March 2012 - 03:12 PM

What I cannot get my head around, is the fact that it is still gambling, and no gambling system can ever be guaranteed, and if it was guaranteed, then the originator could sell it for ten's of thousands, surely?

But results would be a good indicator. I think when these marketers sell such systems, and even if they do offer a guarantee, most people will not claim it, even if it does not work.
http://www.makemoneyforum.com - Forum Moderator

#19 Growler

Growler

    Advanced Member

  • Members
  • PipPipPipPip
  • 70 posts

Posted 19 March 2012 - 03:28 PM

It is definitely gambling, yes, and rightly said, gambling can NEVER be a guaranteed way to make money, even if the advertising on Ternary Trading System says so.

#20 Tim Lowe

Tim Lowe

    Pro Member

  • Members
  • PipPipPipPip
  • 104 posts
  • LocationFarnham, Surrey UK

Posted 21 March 2012 - 08:40 PM

This is Tim Lowe.

The Admin of this forum tried to contact me on another forum to ask me to come here and discuss these points. Although I am well known for dealing with points made on forums I try and stay clear as much as I can since they are not the right place to conduct many of the discussions that people try and have on them.

The forum that Admin contacted me on is one with little activity concerning me these days so I check it perhaps once a month which is why I did not see his message until this week.

I joined this forum yesterday and I received an email from Admin today asking if I would participate in a trial of the product. Some of my reasons for having reservations about this idea will become apparent in my detailed responses below but at this stage I have not said no but what I have done is to ask Admin for his details, in other words I would like to know who I am doing a trial with.

I have a well publicised issue with forums which is that they are anonymous which means that they are completely open to two forms of abuse:

1) People posting unfounded criticism with no way for people reading to verify the truthfulness of what they read.

2) People who want to create a good impression of their product or service posting their own positive reviews with again no way to verify.

I have never done either but have seen obvious incorrect and in some cases quite moronic negative comments made as well as seen blatantly obvious self promotion.

Clearly there will be some more well disguised cases of both of these things which don't get spotted and occasionally a truthful comment made one way or the other.
In other words I don't think that any sane person can take too much notice of comments that are bad or indeed good when the forum allows anonymous posting.

I quite like Facebook as an alternative because people obviously don't usually use it anonymously (although they can if they try hard) so their comments are far more measured and reasonable given that their family and friends will generally see what they have to say.

The admin here makes a point about me being very aware of the 'scam' type forums being 'all over this' if it goes wrong. Well yes and no. Actually what happened once before is that one single man set about a crusade and had a long running battle with me on another forum. He then used a different username and tried to appear to be a different person on a second forum. A handful of people posted once or twice supporting one side or the other. After months of silliness he finally agreed to come to my office and meet Matt Fyles and establish the truth of the claims both ways.

He was wrong.

That gentleman, to his credit, promptly published a full and frank apology for his actions, declared that he had established beyond all doubt that Matt was everything I had claimed in sales letters and eventually the thread was removed from one of the forums and the other one has not had a post on any topic at all since last June so is essentially dead. To his even greater credit he agreed to learn Matt's trading methods and ended up appearing as a live testimonial at a series of live workshops that we ran in 2010.

To deal with some of the points made here I would make the following comments:

We say that this is not gambling because we know that, provided people stick absolutely rigidly to the set criteria then they will come out on top statistically. An analogy that I think explains this would be a casino or fruit machine.

Yes gambling happens in a Casino or on a fruit machine but only on one side of the transactions, i.e by the punters. The Casino owner or fruit machine owner knows he will make a profit because statistically over a given time he will pay out less than he takes in.

Our system was derived by analysis of thousands of pieces of data and then live tested by hand on 1,500 trades. Profitable trading requires rigid discipline in sticking to the calculated criteria for the long term. Many people will start to waver or deviate from the criteria after 3 or 4 losses or indeed wins, believing that they need to change tactics to fix the losses or that they are on a winning streak.  In reality this is almost certainly the path to ruin.

Most rational people know that you cannot win at, say, Roulette for any length of time, which must mean that they accept the Casino has a statistical edge which cannot be overcome. This is no different.

Providing the designer has got his maths right and you never waver from the rules, no matter how tempted, then statistical systems like this are as reliable as owning a Casino or fruit machine and are not a gamble at all.

I believe several people are confused about similar systems and about the Guarantee.

The Guarantee is ONLY in connection with the Free £1,000. People who have actually been offered the system or bought it will know that. It's probably also worth mentioning that it relies on opening new bookmaking accounts and trading their free bets into Betfair. If people don't understand this then they will not be buying something they have done before but if they do understand what I mean then this part of the system will not be news to them!

This is the crucial wording on the main website:

When you receive the system, included will be a simple log which, as you follow the steps, will keep a tally for you of how much money you've made. All I ask is that, once you've completed the free '£1K Quick Start' method, if your total profit is not AT LEAST £1,000, then return the product to me with your completed log and I'll happily refund you in full without any questions or quibbles whatsoever.

With that said, IF somebody were to demonstrate that our stats were wrong by completing say 500 trades completely in line with the criteria laid down and had not made the % returns that we predict then I would happily refund them. (Notice I say % return NOT monetary amounts because people may stake more or less money depending on their own circumstances.)

I say this fully expecting to never have to refund anybody on this basis because I trust the maths!!!!!  (Please dont ask for a refund after doing 20 trades that didnt go the way you hoped, as I said above profitable trading is about making a long term commitment to stick rigidly with the system).

I am afraid I have to correct Homeland in what she says about a similar system being offered for £70. There are of course hundreds of systems for betting on Betfair but I believe she refers to the 30 Minute Unitrader, also developed by Matt Fyles who developed the Ternary system being discussed here.

They are two completely different systems and I have answered specific questions on this point on yet another forum some weeks ago.

This is my answer:

Unitrader is one method that has a limited number of opportunities in any given month, whereas Ternary is 3 methods with broader application and which does NOT include the Unitrader one.

In other words, if you bought both you would have 4 different methods.

Ternary certainly gives you many more trading opportunities per month so in a practical sense Ternary makes it more likely that you can trade and therefore more likely that you will trade more often and therefore earn more money.

The other major difference between the two is the 'Free £1,000' method which is genuinely doable by almost anybody and comes with Ternary but obviously not with Unitrader.


The BIG difference however between Ternary System and ANY other is that what Matt has tried to do with these is remove any decision making requirement, so the rules are extremely clear and unambiguous, the intention being to remove any requirement for skill or judgement from the user.

If you have tried any other systems then you may have seen the basis of a couple of these methods before, so don't expect anything completely revolutionary. It's the way the trades are selected and carried out that is unique to this new Ternary System. In Matt's experience, there are methods which some people make a lot of money from and some people fail with. The only reason for this must be that some people can't cope with either the selection or decision making part of trading. That's why here he has done his best to remove it.

Matt also goes through a lot of the fundamentals of how trading works and how the football markets work, including what drives prices, some of which you may already know, but it has to be suitable for beginners as well as more experienced traders.


I can make such categorical statements since my company does the order fulfilment for BOTH systems. The promotional material for UniTrader is all about Matt as it is now on general sale. Ternary is ONLY being sold to my existing customers and Nick James’ existing customers at the discounted prices and will not be on general release until some point in the future, hence the promotions come from Nick James or me.

Tim Lowe




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users