I am looking to buy the PCAA end of day stock market trading system. Do the results justify the costs?
I have been to their office and met them, they answered all my questions and the software looks easy enough but i really want to hear how its performing from actual users.
Public Comments
- Hi Cliff, I think you might be looking at the same system i currently operate. It's software through pcaa that helps you know what to buy and sell and is done while the market is closed. If so, i can safely say it does justify the initial cost. I had an accident a while back and had to stop working for 6 months. Stressed out, i started looking for work from home businesses so i could keep generating an income. By chance or fate i came across a brochure from pcaa. Just like you i did the checks and nervously decided to go with them. It would easily be the best financial decision i have ever made...i now have a regular income each month. I would say an average of around 5k to 8k each month. That might not compete with the big players or the day traders or the financial advisors, but they didn't have a solution for me when i was out of work. pcaa did, and i am glad i took advantage of it.
- I purchased the system in December and have only been actually trading for 2 and a half months so i cant say I've justified the cost just yet, but I'm getting close. It was a lot of money for my family to invest in a program when you hear all about the 'too good to be true' stories but so far they have delivered on their promises. After a few poor investments in the past i had my brother do all the necessary company checks before buying and everything stacked up from that side. As promised i received the software the day after paying for it on my card and the customer service team had me fully operational within about an hour of receiving it. The real test will be sustaining these initial returns but i have no reason to believe it will stop working. So from only a very fresh user i can say its performing well and i cant see why it wont continue...i guess if you spend your life turning down any opportunity that seems too good to be true your condemning yourself to a life of mediocrity. Take from that what you will as I'm only a very new trader and even newer philosopher, but maybe one good experience is all it takes to the soften the edges of a sometimes cynical and occasionally burnt investor. good luck cliff, i hope we both look back in two years with a smile on our faces.
- hello, my husband and i bought the pcaa trading program a few years ago when we were looking for a small business to help us make a second income. It has worked out well for us, and if anything exceeded our expectations. We had very little knowledge of the stock market to begin with but as time has gone by we have grown in confidence. Being able to get feedback from actual users would have made the intitial decision to buy a lot easier...when we were looking around for businesses everyone we spoke to told us a different story. we looked on financial sites and were bombarded with a whole range of isas and funds and traditional styles of trading but the returns weren't that great. For big returns people were pushing direct marketing and we did put some money into some internet business ideas that didnt really deliver. Many said steer clear of the stockmarket if you dont know what your doing, but the other alternatives didnt offer much in the way of income generating possibilities. if you do decide to go with it prepare yourself because i remember the first few months we spent trading were a little nerve racking...i looked back and laugh but at the time i dont remember it being very amusing. From our perspective the program has justified the cost and continues to generate our family a healthy second income. If you decide to do it there are a few things you can do to make the business a little more efficient. You can get data for free now so you dont pay a monthly subscription, brokers can range in price but if you look outside the major banks there are some good deals, and become a business to avoid paying huge sums of personal income tax. hope this helps, Rose and Harold
- to me it is perfiorming good. i use the end of day package with pcaa and make about 15%/month.
- at the time i bought the pcaa software i was dubious if the returns would justify the costs. In hindsight it was a big gamble that could have gone horribly wrong. Thankfully it didn't, but having said that even for the first few weeks i thought i had made a big mistake. I bought two shares to start, one i had to sell at a loss within a week and the other which was sitting about a percent down after the first week. To be perfectly honest at that point i thought i had been conned. Looking back that may have been a little hasty...but at the time i was panicked. Luckily things turned around pretty quickly, the next trade was good and the other share recovered and i took a profit. Overall its been six months, theres no real running costs and i've paid the thing off, which i'm pretty happy about, so anything i make now is profit.
- *get people who have the set up to do a survey for out.then you will find out what the majority think.
- the results do justify the costs i think. currently run the end of day program and the returns are excellent. mick
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