A list of all scam unregulated 3rd party educational vendors

Updated lists:

Rockwell trading
Puretick
TraderInternational
DayTradeToWin
eMiniDayTrader.com
nexgen
priceactionroom.com
eminitradingcourse.com
blackjacktrader.com
Millenium-Traders
tradingonlinemadeeasy.com
easyeminitrade.com
vantagepointsoftwares.info
winborntraders.com
Mike Baghdady of Training Traders
http://www.3minutetrader.com/alerts/
http://www.2stocktrading.com/index.php
http://www.killingstocks.com/
bill duryea of ioamt.com
Rhythm of the Markets
Options Magic
TradQuest Systems
eminijunkie.com
Dave Wright "Wave Rider/Trend Catcher"
EOTPRO
coiledmarkets.com
 
Quote from BlackBison:

Just out of interest what are the criteria required to not appear on the list?
More...

u must defend yourself to prove your are innocent. in this thread it is


Guilty until proven innocent

This is a chance for the 3rd party vendors to show to the public they are real. If the gov allows these scammers to walk away, this thread will bring them justice!
 
Quote from GiantDog:

Bullseyetraders (Franz Shoar)

RS of Houston
More...

That guy is still around?? :eek:

This is from tradersnarrative dot com

An interesting bit of drama played out a few days ago inside the EliteTrader messageboard. After becoming a paid sponsor, Traders International started posting about their star trading teacher Franz Shoar (Faramarz Vahdatshoar).

At TI, Franz, was supposedly trading the spoos live, and pulled in hundreds of thousands of dollars a day on average. For a fee, he was willing to teach anyone by letting them look over his shoulder. As you can imagine, that got a lot of attention. Finally, the man himself came and told everyone that he would be happy to answer any and all questions. That really got things going.

Especially since it had already been revealed that Franz uses a counter-trend strategy and simply doubles down. Some piped in that they knew all the big players in the spoos and Franz, definitely was not one of them. After all, the kind of size that he was throwing around gets a trader noticed.

People started to suspect that it was trading but trading on a simulator and that Franz was flat out lying. It didn’t take too long for the whole thread to deteriorate into juvenile ad hominems. But not before there were some very polite and coherent comments. Some astute trader mentioned that TI and Franz were probably going to get a visit by the CFTC soon.

Lo and behold! We were told not soon after that yes, Franz was on a simulator. Those dollars that he was throwing around were just digits dancing on the monitor and were not really in play.

Next thing we know, Franz “retired”, due to bad health; TI’s website was overhauled and all mentions of Franz excised and the threads on ET were also erased. Oh and this new Yahoo! Group was created by a whistle blower from within TI to organize legal action against Franz and TI.

If you’re a vendor, the moral of the story, is to watch where you tread. The same medium that allows you to market your services so freely and inexpensively can be used against you. Venture into ET to make outlandish and fraudulent claims and you might very well get your lungs ripped out.

Finally, I can’t leave this topic without mentioning the role of the financial press. TI bought an advertorial (an ad that looks like an article) on SFO and Traders World Magazine did a fawning piece on Franz. I hope that this whole sorry episode can serve as a wake up call for the them and their peers so that next time, they don’t think that due diligence is just pretty sounding legal jargon.
 
Updated lists:

Rockwell trading
Puretick
TraderInternational
DayTradeToWin
eMiniDayTrader.com
nexgen
priceactionroom.com
eminitradingcourse.com
blackjacktrader.com
Millenium-Traders
tradingonlinemadeeasy.com
easyeminitrade.com
vantagepointsoftwares.info
winborntraders.com
Mike Baghdady of Training Traders
http://www.3minutetrader.com/alerts/
http://www.2stocktrading.com/index.php
http://www.killingstocks.com/
bill duryea of ioamt.com
Rhythm of the Markets
Options Magic
TradQuest Systems
eminijunkie.com
Dave Wright "Wave Rider/Trend Catcher"
EOTPRO
coiledmarkets.com
Bullseyetraders (Franz Shoar)
 
Isnt this getting rediculous? Its like making a list of time machines that dont really work. But I suppose if you insist, then why not just make a list of non scams. Would be easier, no? Who the hell makes a list of what NOT to get at the grocery store? Or looks up the bad restaurants that you dont want to go to??? Doesnt it make more sense have the short list of non scams than the long list of scams?

What irks me the most about this kinda thread is that it implies that aside from a list of scams, there are indeed profitable teachers that will teach you how to make money...:confused:

Can anyone tell me how anyone is going to use this scam list you all are making? So youre telling me that there is a guy out there that wants to give money to a teacher that will teach them how to make money, but hes first going to check if this teach is on this list or not first? :confused:

The problem isnt that the gullible need a list because they have a problem distinguishing scam from not scam, their problem is that they just dont understand that all of them are scams. They keep thinking that they just need to find that one vendor that is totally legit....You can't fix stupid.
 
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