Elite Swing Trader System | 99% of other Reviews Haven’t Seen These Details Yet

For this Elite Swing Trader review, we have uncovered inconsistent details that you can’t find anywhere else. Is this $47 trading system actually a steal?

Trading has its inherent risks but should you risk your $47 just to try this product?

Elite Swing Trader System Review featured image

An Elite Swing Trader System Review: Summary


Product Name:
Elite Swing Trader System

Owner/s: Tan Wee Leong & Ang Lin Sie

Prices: $47

Overall Rating: 3/100

Recommended: Not Recommended

What Is Elite Swing Trader System About: A trading signal system that could be integrated in MetaTrader 4 platform.

Summary: 

Due to unexplained change in ownership of products and websites associated with it, it’s has a tainted reliability score. While it’s currently under a legitimate company in Malaysia since 2018, it still has to present verifiable evidences of its effectiveness and authenticity.

What is Elite Swing Trader System About?


In this Elite Swing Trader System review I was able to dig deeper into the real story about what is Elite Swing Trader about. Brace yourself because this is the first article where you’ll find the actual details about it.

For now here is a screenshot of the header of their website: eliteswingtrader.com

Elite Swing Trader System Review website header

So basically, the website has a very long sales pitch up on its page to convince you that swing trading is more profitable than day trading. Then along the way it offers you a “trading product” that could help you in your swing trading journey for only $47!

So is Elite Swing Trader truly a steal or will you be giving away your $47 to oblivion?


Reality Behind Elite Swing Trader

According to the very long sales copy on their homepage, what they are offering you is not a trading robot but instead a manual system that would provide you signals that you can manually put into as entry and exit triggers. It also mentioned that you need to use MetaTrader 4 for it to work.

In my years of trading I know that swing trading is truly a lot less stressful than day trading, but the success of both trading techniques depend on the actual entry and exit points. Later in this article you’ll see if Elite Swing Trader is actually rooting for swing trading for real.

So what is Elite Swing Trader truly about? In my initial evaluation of its sales page, I believe it’s a system with signals for entry and exit points. But is it profitable? Has anyone actually used it?

People Behind Elite Swing Trader System

When you click on the product to try and purchase it it will take you to a merchant page hosted in JVZoo and under the page you’ll see some details about its vendor:

Elite Swing Trader System Review vendor details

Now we have a name to fully investigate this system.

William Tan

It seems like William Tan is an established trader with his verified trading profiles up on his website.

Elite Swing Trader System Review william tan linkedin

We know for sure that this is the William Tan we’re looking for because under the long sales page of Elite Swing Trader System is a mention of the same website that is in his LinkedIn profile.

But I found on his Terms and Conditions page that he is also under a company called: Strategy Mastery Sdn Bhd.

Elite Swing Trader System Review company details

So being a really inquisitive person I tried to check out the company if it’s truly registered in Malaysia.

Strategy Mastery Sdn Bhd.

Since their product involved trading that serves as forex advice, it would be intuitive that they should have been registered first as a real company and here’s what I found:

You can verify this information from their document on https://www.ssm-einfo.my/ which is Malaysia’s directory for checking corporate registrations.

Elite Swing Trader System Review registration details

We see here that company was incorporated just back in 2018, but in their long sales pitch they mentioned that they have been selling the system since 2009…

Elite Swing Trader System Review 2009 claim

Plus it’s not quite consistent with his LinkedIn profile details:

Elite Swing Trader System Review inconsistency

Also according to the document we have accessed about their company details, I found out that his name is not actually William Tan!

Elite Swing Trader System Review owner real name

It’s not uncommon to use a different name that their actual name especially for Malaysians, Chinese and other Asian countries. It’s also a bit of relief to know that they are a registered company in Malaysia. But here’s what I found next.

It happened that William Tan is also the one behind 60secsscalping.com!

60 Second Scalping
Elite Swing Trader System Review other product by william tan

When I found out that he is also the owner of this product I realized that William was indeed targeting users that are keen on focusing on a certain trading strategy (scalping/swinging) and he made two different products so he could cater to the two types. He also offers this for $47.

A Deeper Look Beyond Elite Swing Trader System

And then I realized that William is actually selling his MetaTrader templates! But then I also realized that there is actually a “William Template” in MT4 that traders use which is a famous technique and signals from a famous international trader Bill Williams.

Truth is the Bill William’s template is easy to copy to your MT4 account, you won’t even need to pay for $47. But I believe that a $47 offer would truly be enticing for newbie traders and those not familiar with MT4 and other trading strategies.

But aside from possibly selling an existing template, here’s another inconsistency that I found.

Domain

He previously mentioned that they have been selling their technology since 2009 and aside from inconsistencies in his LinkedIn profile and his company being incorporated just last 2018, I also found that the website was created just last 2019!

Elite Swing Trader System Review domain details

More Inconsistencies!

Just as we had a lot of inconsistencies presented here are more.

When I looked for an archived page of Elite Swing Trader website, I found out that it has been up since 2010. So that would mean that it’s likely that it’s either that it has changed owners or it may have expired that the domain name became available again and was only purchased in 2019.

But when I looked into the archived old page from 2010, it had the same content but a different owner:

The page was then owned by an Andrey Lubchenko and offered the product for $87

Elite Swing Trader System Review archived 2010 website

And 60 Seconds Scalping is just the same! I found out that it has been archived since 2015 and it used to be a sales page by an Average “Joe” Parker and sold the product for $47 since then. William Tan’s website was already mentioned in the footer from the 2015 archived page of 60 Seconds Scalping:

Elite Swing Trader System Review archived forex strategies work

And when I checked the Terms and Conditioned of the archived Forex Strategies Work website, I found out that it was not in operation under any company and it mentioned that it’s under the laws of United States of America:

Elite Swing Trader System Review archived terms and conditions

When you try to look into the TOC page of the website now, you’ll see that it’s now under the laws of Malaysia!

Now when you Google for Andrey Lubchenko here’s one of the results that you may find:

Elite Swing Trader System Review andrey Lubchenko



Now we ask the following questions:
1. Is Andrey Lubchenko the same person as Wee Leong Tan (William Tan)?
2. Are they real people or just actors that were given personas?
3. Is Elite Swing Trader System then a real product under a different owner or is it a long running con?

What does Elite Swing Trader System Offer?

Elite Swing Trader System claims that they are not a robot, but I believe and as consistent with the long sales pitch they had that what they are offering is a a trading signal product that could help determine entry and exit points for swing trading.

They claim that it’s not a trading robot, and it’s a manual system and for some reason I found a PDF file that was supposed to help those who acquired the product on the step by step set-up of the system here’s a glimpse:

Elite Swing Trader System Review PDF manual



As a long time trader I know for sure that newbies and those trying out trading for the first time they wouldn’t understand most of those written in the file because they didn’t offer any initial explanations or any simple overview about the terms used. You can go see for yourself. They didn’t even mention what a candlestick is!

Claims

As I read the “manual” I can’t be sure if it’s a legitimate profitable system as I haven’t tried it, but it’s something that you can apply without a product for $47. But if you are familiar with the terms used and the indicators, it’s something that you can try for yourself.

Elite Swing Trader System Refund Policy

It was mentioned on their long sales page that they don’t offer any refunds.

Can You Make money with Elite Swing Trader System?

We’re not really sure as there seems to be a lack of user reviews about it, but I found an old thread way back 2010 about trying out the system and according to the experienced traders there:

Elite Swing Trader System Review old thread about product


Well I do agree that even if you have your Expert Advisor (EAs), trading signals and templates, it is your due diligence to not use it as a stand alone system. For people new to Forex, please note that In Forex trading EA is a software that monitors and trades in financial markets using algorithms.

Elite swing trader Dream Life Lifestyle

Elite Swing Trader System Reviews and Online Testimonials

Is Elite Swing Trader System Legit?

With all the unexplained inconsistencies, I can only say that it’s under a legitimate company that is registered in Malaysia. But with regards to the quality and legitimacy of the product, I can’t say for sure.

One thing I know as a marketer is that when a product is truly effective, it would have its long list of good reviews not just written articles but also different thread discussions. Plus for a product that has been existing for years, it should have already marked a reputation for being legitimate if it was an actual effective product.

Pros

  • None

Cons

  • Unexplained change of owners
  • Lack of credible social proof and noise, only have a few articles recommending it
  • A long-standing product that has not created a big following

Is Elite Swing Trader System A Scam?

Just to be fully transparent with you, I am not connected to Affiliate Nation myself and I do not endorse it in any way.

I have researched the website, testimonials, and information on the Internet to get to the bottom of what Affiliate Nation genuinely does. This is because I have been burnt by programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn Ways to Avoid Online Scams then click the highlighted text. 

[Final Say] Is Elite Swing Trader System a Scam?

Honestly, it could be a case of a badly marketed product. We can’t know for sure if it’s an effective trading system as it has mentioned because for years of being in the market it has not yet created a wave of approval from common bloggers and people.

It’s also a bit fishy that there was a stark change in the owner of the Elite Swing Trader System, 60 Second Scalping and the Forex Strategies Work website which seems like it’s a bundled persona and products. We’re not sure yet if it’s a legitimate product and people and it’s something that should be addressed if they want to veer away from being marked as a probable scam.

Verdict: Not a recommended product due to inconsistencies and unexplained change of ownership.

A Badass Elite Swing Trader System Alternative

While it would be nice to have an actual product where you can earn just by a clicking without any experience or knowledge about a venture, it’s also risky and sounds quite suspicious. What you need is something that can help you learn how to earn online in a legitimate way so you can sustain it for a long-time and also so you can expand it in the future.

I actually prefer and recommend affiliate marketing because of these things:

  1. It’s legal
  2. You can do it anytime you want
  3. You can do it anywhere you want (from you laptop, tablet, or phone!)

I actually recommend this signing up on my top recommended program because it’s very comprehensive and detailed, plus there’s actual coaching from John to guide you as you start your affiliate marketing journey. What I like more about it is that it’s free to start! You can have a look around and see how it can help you earn from your laptop and if you want to learn more, imagine just subscribing for only $49 a month!

If you’re thinking that you don’t have enough experience, well check out how John started below.

Ready to make Passive Income Online?
Hi, I’m John. I created a passive income online. And I had no marketing skills or online experience when I started.


Louee Gonzales Author

Louee Gonzales has been a content specialist for 4+ years now. She has been enjoying writing investigative articles for EFYL. If she’s not writing, she’s either painting or traveling somewhere fun.

She has a degree in Psychology, and quick fact: she can’t read your mind. She has authored articles on the School of Positive Transformation.

Elite Swing Trader System

$47
0.3

Credibility

0.0/10

Income Opportunity

0.2/10

Reliability

0.2/10

Price

0.0/10

Business Model

1.0/10

Pros

  • None

Cons

  • Unexplained change of owners
  • Lack of credible social proof and noise
  • A long-standing product that has not created a big following

6 thoughts on “Elite Swing Trader System | 99% of other Reviews Haven’t Seen These Details Yet”

  1. You are giving a great serves John!
    All the time and effort you invest in giving this valuable advice in this comprehensive Elite Swing Trader System review is worth every second.
    The majority of people know very little about investments, trading, bitcoin etc and therefore became a target for those shady practices.
    All looks legit until you start explaining and making us alert to look deeper before investing our hard earned money.
    I too have tried my hand at bitcoin a few years back. Did not learn the first time and was burned 3 times by shady sites.
    Your information would have saved me from losing money. The way you explain it is spot on.
    Thank you John!

    Reply
    • Hi Estelle,
      Thank you for reading my honest Elite Swing Trader review and providing your thoughts and experiences here.
      As you say its the shady practices of these marketers like Elite Swing Trader that you and all people need to be aware of. So its not Bitcoin in itself that is bad…its the marketers like Elite Swing Trader and the 3 shady sites that you have been burned by before.
      I’m sorry to hear of your experiences but they are all too real.

      That’s why we do comprehensive reviews including this Elite Swing Trader review to help people make a fully informed decision that is best for them.

      My pleasure to help you, John

      Reply
  2. Hi John,
    Thanks for this excellent review on the Elite Swing Trader System. A true eye-opener!

    I am always amazed at the level to which people will descend to provide “less than honest” information to unsuspecting individuals genuinely looking to establish themselves online. The red flags are alarming and I must commend you on doing the time-consuming work to follow the trails to unearth much of this information. This review should certainly help any one who reads it to be armed with all the necessary info for decision making.

    There are way too many inconsistencies – LI profile, archived pages, possible domain transfer, identity not truly known, possibly selling an existing template etc. etc. I am not a high risk taker, so I find your recommendation an easy avenue – plus sign-up for a free trial does not even require credit card detail.
    Thank you.
    Ceci

    Reply
    • Hi Ceci,
      Thank you for reading my honest Elite Swing Trader review and providing your thoughts in such detailed comments.
      Yes I agree with the many concerns you raised, Elite Swing Trader has too many red flags. You’ve highlighted suspicion about the owners identity/names and track record, questionable domain records, also that this course seems to have a checkered history with previous owners etc.
      Also another concern worth noting to readers is where are the success testimonials? All the reviews we found were poor – so this made me even more certain not to buy this.

      So I would much rather build a real online business that helps people than this low quality course. Fact based, proven since 2005 and a lot more quality (Training, tools, mentoring, community & support) and for reasonable pricing. This is why I recommend this over all others. And yes you have read that there is no need for any credit card information to create a free account to see if it suits your style.
      Hope to see you on this inside, John

      Reply
  3. Thank you for this great Elite Swing Trader review, John!
    It seems that Elite Swing Trader System is inconsistent and it offers somewhat confusing, for beginners hard-to- understand material. I personally like more the passive investing (it is less stressful and over a long period also more profitable). But due to the Holiday period I am looking for some “quick” investment profit. I think that after reading your review I have to go search elsewhere. The owner, suspicious domain creation date and the lack of social proof are supporting my decision. Thanks a lot to giving us all this warning signs. Cheers

    Reply
    • Hey Julius,
      Thank you for reading my honest Elite Swing Trader review.
      Yes I agree, Elite Swing Trader has a lot of red flags, suspicion about the owners names and track record, dodgy domain records, also that this course seems to have a checkered history with previous owners etc.
      Also most importantly, where are the success testimonials. The reviews we found were poor – made me even more certain not to buy this.

      So I would much rather build a real online business that helps people than this low quality course. Fact based, proven since 2005 and a lot more quality (Training, tools, mentoring, community & support) and for reasonable pricing. This is why I recommend this over all others. Also, there is no need for any credit card information to create a free account to see if it suits your style.
      Hope to see you on this inside, John

      Reply

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