Disliked{quote} To sell a "trading system" you need to get a patent on USA Gov.. apparently they faked it... This way they convinced clients that if they had a patent for a "working system" the thing must be real... Well.. apparently it wasn't...Ignored
Anyone can get a patent for virtually anything from the US Patent Office, they are only registration clerks, they do not check the application for patent, if it is legit or not, only the trade marks, product names, etc. You pay a Fee, around $500 and you get a patent licence, simple.
-You don't need to get a patent from the USA Gov. to "sell a trading system"
The fraud committed was using this "US patent licence" as a selling tool to convince punters that the product was "authorised & approved" when it clearly wasn't. Mis-Selling is a Fraud offence. - regardless of the merits of the product. Of course theye backed it up with probably falsified profit account statements
I am not defending Sam Seiden or OTA or S&D trading etc. at all. I have no interst to debate the merits or demerits of S&D trading.
I would just like you to for once please get the facts straight and to not "shoot from the hip".
Knowledge is never useless, it always pays off to know as much as you can about a business.
Don't write things off just because it ddn't work for you or you didn't understand it.
The Only Limit, is the One that you Set Yourself - Felix Baumgartner
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