kolachitrader.net Review

4.857 • 7 REVIEWS
Out of business
Updated: Apr 13, 2022

Another site of the company is www.Kolachi.tv

 

Websites are down.  Company seems to be out of business.

kolachitrader.net
Out of business
4.857 • 7 REVIEWS

Recent User Reviews of kolachitrader.net

W
Web-Magi
USA,
Sep 23, 2007,
Guest

I've been a part of Kolachi forum since September 2006. I have learned a great deal during this time. I began trading a live account recently, using Kolachi's original method, and increased my account by 1/3 in the first 7 days. I have great respect for David Kolachi and his methods.
M
Mr. Krebs
Switzerland,
Jul 29, 2007,
Guest

I am a member since the foundation of Kolachitrader.net and have followed nearly all posts until now. Kolachi is not only a very honest and unique person, but he has also built such a community where he teaches his functioning method. In its early days the membership was free and after its first flooding, Kolachi decided to get some fees to keep out those guys who where looking for a get-rich-quick method. In my opinion this was a very good decicion, and the requested fees are reasonable for everyone and by far under all comparable service.
D
David Kolachi
Great Lakes,
Jul 28, 2007,
Guest

Arup, World is full of blackmailers like you.You paid $20 and not $50 as you mentioned.You read all stuff for 3 days on weekend and then asked for refund.What do you think when you will call me names in your emails and i will reply you with verses instead.It were you who used filthy language first. I will reply you in the same language to any blackmailer. Please read the following forum tread:

David Kolachi against Arup Nag, India
A
Arup Nag
India,
Jun 1, 2007,
Guest

A big scam. You don't know anything about the forum content before paying him $50. After that you will find the system is pure bogus with undefined rules and no guidance at all. When you ask for a refund you get dirty emails from the owner David Kolachi. (I have the copy of the emails also full of filthy languages). They ban your account anytime without notifying and no question of getting money back. PLEASE STAY AWAY.

Please read the following forum tread:

David Kolachi against Arup Nag, India
G
Gerry
Philippines,
Nov 26, 2006,
Guest

As far as I know, the Kolachi Method was first presented in Forexfactory.com (FF). In fact, you can still learn the method from the threads there ("Kolachi Method of Trading" and "Kolachi Method 2 of Trading"). From there, he made a blog, and from there he made up a forum. Those who followed the method almost from the beginning at FF (like me) were and are able to access the forum for free. Several of us were even willing to give donations for his generous sharing of his method. After thinking about it, he eventually refused and even refunded some donations sent to him. Now, for some reason(s) I missed (I haven't been active in the forum for a couple of months) I see here in these reviews that he's charging $10 to join. As I mentioned, I don't know the reason(s) why he's charging that nominal fee (I was willing to pay more for what he was teaching for free at FF and the forum) but I would suspect that one of the reasons is that he wants active, contributing members. A lot of those who joined for free were just lurking. He now has a Rewards and Incentive Program in his forum which pays $0.25 for each qualified post. So you can get back your $10 rather quickly (40 qualified posts -- not just the "I agree" or "Me, too" types of posts). I would think that $10 is well worth joining the forum. There are sections there where the Kolachi Methods are described fully (for those new to the method), though you can get a good idea from the FF threads mentioned above. Contributions by other traders, sharing of other technics or methods, various analyses, related topics like money management, hedging and bi-directional trading, etc. are also posted, and these can really add to one's knowledge and increase one's success.
G
Gail
USA,
Nov 12, 2006,
Guest

I have been using the KolachiMethod taught at KolachiTrader for about 3 months. It has absolutely done wonders for my trading. Kolachi is as honest and caring as he is brilliant. No Method is for everyone, but if working with MA's appeals to you, run to the site ASAP!!
D
djedan
Mid east,
Nov 12, 2006,
Guest

The Kolachi method is excellent, I was taken by surprise at the level of content in the forum. To ask $10 to gain access to the members forum is a very well spent $10. Kolachi trader is not a scam and your $10 will be very well spent.
C
ChAoS
Malaysia,
Nov 10, 2006,
Guest

Kolachi method, simple fabulous! Anyone has the chance to look ath the material inside will be a big plus to his/her trading skill!
J
John
Cleveland,
Oct 28, 2006,
Guest

No doubt Kolachi Method is an amazing method. But David Kolachi is charging fee of $10 to give entry to his private forum so it is not free after all.